2 months on rocket

474 W Third St, Lexington, KY, 40508

$1,227,500

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
House

Location

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474 W Third St, Lexington$1,227,500

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther
Year Built1880
HeatingNatural Gas
CoolingElectric
BasementYes
FireplaceDining Room, Gas Log, Living Room, Primary Bedroom, Ventless
MLS #24018811
Lot Size0.15 Acres
StatusActive

About 474 W Third St

Stunning 4-Bed, 3-Bath Completely Renovated Victorian Home in Historic Downtown Lexington. This remarkable 1880 Victorian classic, offering nearly 4,000 square feet, features a brick and stone exterior and is ideally located in the heart of Lexington's historic district. The residence has been meticulously renovated from top to bottom and is ready for immediate occupancy. As you enter this vintage gem, you're greeted by a breathtaking foyer, highlighted by the original solid wood front door adorned with leaded glass and a transom. The space showcases gleaming refinished floors, elegant trim, a grand staircase with beautifully carved balusters, and soaring ceilings. Adjacent to the foyer lies the formal living room, which boasts a gas fireplace and two pairs of pocket doors that create a separation from both the foyer and the formal dining room, which also includes its own fireplace. All fireplaces are equipped with custom Barnhill inserts. The completely redesigned eat-in kitchen features modern flooring, elegantly crafted white cabinetry, updated lighting, a stylish tile backsplash, soapstone countertops, and an oversized island with contemporary gas burners. It also includes

Property Details

Property Features

Property Information:

  • Year Built: 1880
  • Stories: 3

Listing Office:

  • Office Name: Redfin
  • Office Phone: (502) 251-7147

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Down Draft, Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood
  • Interior: Dining Area, Eat-in Kitchen, Entrance Foyer, Walk-In Closet(s)
  • Fireplace: Dining Room, Gas Log, Living Room, Primary Bedroom, Ventless

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck, Porch, Storm Door(s)

Parking Information:

  • Parking: Other

Virtual/3D Tour

  • 3D Tour: 474 W Third St
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Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Electric

Other

Directions Information:

  • Directions: From Main St., take N. Broadway outbound, left on W. Third, home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,227,500

Tax Information:

  • Annual Amount: $5,904
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lexington, KY.

Med. Sold Price

$324.7K

Med. Price/SqFt

$146

Avg. Days On Market

22

# of Sold Homes

279

474 W Third St vs Lexington

76 DAYS ON ROCKET

+54 Days

$1,227,500

+$902.7K More

KEY TAKEAWAY

This property is $902.7K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24018811

Listing Office:

  • Office Name: Redfin
  • Office Phone: (502) 251-7147

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 2:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 17, 2017Home Sold
$501,500

Tax History

YEARPROP. TAXASSESSMENT
2020$5,904$501,500
2019$5,904$501,500
2018$5,926$501,500

History based on county public records data.

Payment Calculator

$6,194

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,747

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-325557
1
/10
  • Harrison Elementary School

  • 161 Bruce St

  • 0.18 miles

  • Public District Grades PK-5

school-card-donut-325558
2
/10
  • Booker T. Washington Elementary School

  • 707 Howard St

  • 1.04 miles

  • Public District Grades PK-5

school-card-donut-325559
2
/10
  • Arlington Elementary School

  • 122 Arceme Ave

  • 1.16 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,200. Residents of Lexington, KY typically earn less than $35k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 474 W Third St

What is the listing price of this property?

The listing price of 474 W Third St property is $1,227,500.

What type of property is this?

The property 474 W Third St is a house located in Lexington, Kentucky, 40508.

Is this property for sale now?

Active Listing: 474 W Third St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,904 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 17, 2017 for $501,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 474 W Third St has 4 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 474 W Third St is 1880.

Rocket Homes›Kentucky›Fayette County›Lexington›40508›474 W Third St

This home is located at 474 W Third St in Lexington, KY and zip code 40508 in the Northside neighborhood. This home, which was built in 1880, sits on a 0.15 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $1,227,500.

In October 2024 more than 60 listings in Lexington, KY were sold above the asking price. During the same period more than 59 listings were sold at asking price, while more than 160 were sold below. The number of homes for sale in Lexington, KY increased by 1.6% between September 2024 and October 2024. In October 2024 median list price was $324,770 and the average listing age was 22 days.

From Rocket Homes Real Estate and based on county public records data.

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