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Backup Offers

500 Laketower Dr Unit 104, Lexington, KY, 40502

$225,000

Home List Price

$2,672*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
Condo

Location

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500 Laketower Dr Unit 104, Lexington$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOff Street
Year Built1976
HeatingElectric, Heat Pump
CoolingHeat Pump
FireplaceWood Burning
MLS #24016983
Lot Size0.05 Acres
StatusAccepting Backup Offers
(Contingent)

About 500 Laketower Dr Unit 104

Discover the perfect blend of space, potential, and lifestyle at this stunning 3-bedroom, 3-bath condo! A blank canvas with over 2000 square feet and ready for all of your personal touches! Nestled in the desirable Lakeshore Village, you'll enjoy direct access to exclusive amenities, including the sparkling resident pool, lake views, trails, and a vibrant clubhouse. Whether you're seeking relaxation or recreation, this community has it all! Plus, you're just moments away from the finest shopping and dining Lexington has to offer.At an unbeatable price of $250,000, this condo is an incredible opportunity for anyone looking to invest in their future!

Property Details

Property Features

Property Information:

  • Year Built: 1976
  • Stories: 2

Listing Office:

  • Office Name: The Real Estate Group
  • Office Phone: (859) 492-8861

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Flooring Type: Carpet, Vinyl
  • Interior: Breakfast Bar, Ceiling Fan(s), Dining Area, Eat-in Kitchen
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

  • Henry Clay High School, Public Magnet Grades 9-12
  • Morton Middle School, Public District Grades 6-8
  • Cassidy Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: lakeshore to laketower

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000

Tax Information:

  • Annual Amount: $1,362
  • Tax Year: 2020
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Housing Market Comparison

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

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Lexington, KY

City

Med. Sold Price

$322.8K

Med. Price/SqFt

$151

Avg. Days On Market

27

# of Sold Homes

249

500 Laketower Dr Unit 104 vs Lexington

69 DAYS ON ROCKET

+42 Days

$225,000

-$97.8K Less

KEY TAKEAWAY

This property is $97.8K less than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24016983

Listing Office:

  • Office Name: The Real Estate Group
  • Office Phone: (859) 492-8861

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: 10/31/2024, 8:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,362$145,900
2019$1,362$145,900
2018$1,383$145,900

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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NMLS#3030

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.

Elementary School

school-card-donut-846833
6
/10

  • Cassidy Elementary School

  • 1125 Tates Creek Rd

  • 1.57 miles

  • Public District Grades KG-5

Middle School

school-card-donut-846834
6
/10

  • Morton Middle School

  • 1225 Tates Creek Rd

  • 1.57 miles

  • Public District Grades 6-8

High School

school-card-donut-846835
5
/10

  • Henry Clay High School

  • 2100 Fontaine Rd

  • 0.48 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,710. The majority of Lexington, KY residents have income between $35k-100k annually. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Laketower Dr Unit 104

What is the listing price of this property?

The listing price of 500 Laketower Dr Unit 104 property is $225,000.

What type of property is this?

The property 500 Laketower Dr Unit 104 is a condo located in Lexington, Kentucky, 40502.

Is this property for sale now?

Accepting Backup Offers: 500 Laketower Dr Unit 104 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 500 Laketower Dr Unit 104 are:
Cassidy Elementary School: GreatSchools Rating 6/10
Morton Middle School: GreatSchools Rating 6/10
Henry Clay High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,362 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 500 Laketower Dr Unit 104 has 3 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 500 Laketower Dr Unit 104 is 1976.

Rocket Homes›Kentucky›Fayette County›Lexington›40502›500 Laketower Dr Unit 104

This home is located at 500 Laketower Dr Unit 104 in Lexington, KY and zip code 40502 in the District 5 neighborhood. This home, which was built in 1976, sits on a 0.05 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $225,000.

While more than 45 listings in Lexington, KY in September 2024 were sold above asking price, there were more than 64 listings sold at asking price, and more than 140 were sold below. The number of homes for sale in Lexington, KY decreased by 0.8% between August 2024 and September 2024. In September 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $322,809.

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

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