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Backup Offers

508 E Main St Unit 5, Lexington, KY, 40508

$189,900

Home List Price

$2,255*

Closing Credit

1 Bedroom
1 Full Bath
Condo

Location

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508 E Main St Unit 5, Lexington$189,900

Buyer Closing Credits

$2,255*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOff Street, Other
Year Built1932
HeatingHeat Pump
CoolingElectric
MLS #24015326
StatusAccepting Backup Offers
(Contingent)

About 508 E Main St Unit 5

Wellington Arms, One of Lexington's finest condo buildings designed in 1929 by architect Obadiah Bass welcomes you to unit #5. This garden-level 1 Bedroom 1 Bath residence is full of character & sophistication. A beautiful foyer awaits you behind door number five. Make your way to the European-style kitchen w/white cabinetry & granite countertops, open to the living area including a walk-in pantry or closet. Large windows with wrought iron detail add a touch of elegance and privacy but allow an ample amount of sunlight to fill the space. The bedroom suite is spacious & is complimented w/a walk-in closet and bath w/original tile. Amenities include community rooms/areas, fitness room, laundry facilities, covered secured parking, parlor, elevators, beautifully landscaped grounds/courtyard, stone walkways, & all encompassed within a secured historic building! Outstanding location within walking distance to boutiques, restaurants, Woodland Park, Rupp, University of Ky & all that Downtown Lexington has to offer!

Property Details

Property Features

Property Information:

  • Year Built: 1932
  • Stories: 1

Listing Office:

  • Office Name: Bluegrass Sotheby's International Realty
  • Office Phone: (859) 268-0099

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator, Range
  • Flooring Type: Hardwood, Tile
  • Interior: Walk-In Closet(s), Entrance Foyer, Bedroom First Floor

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Other

Parking Information:

  • Attached Garage: No
  • Parking: Off Street, Other

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Electric

Other

Directions Information:

  • Directions: Corner of East Main and Woodland. Parking available along Woodland Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $189,900
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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

$325.1K

Med. Price/SqFt

$144

Avg. Days On Market

21

# of Sold Homes

237

508 E Main St Unit 5 vs Lexington

150 DAYS ON ROCKET

+129 Days

$189,900

-$135.2K Less

KEY TAKEAWAY

This property is $135.2K less than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24015326

Listing Office:

  • Office Name: Bluegrass Sotheby's International Realty
  • Office Phone: (859) 268-0099

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: 12/21/2024, 11:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,015

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$636

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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.

Nearby Schools

school-card-donut-818732
5
/10

  • Maxwell Spanish Immersion Elementary School

  • 301 Woodland Ave

  • 0.34 miles

  • Public Magnet Grades KG-5

school-card-donut-818733
7
/10

  • Ashland Elementary School

  • 195 N Ashland Ave

  • 0.45 miles

  • Public District Grades KG-5

school-card-donut-818734
1
/10

  • William Wells Brown Elementary School

  • 555 E Fifth St

  • 0.69 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,189. Typical income of Lexington, KY residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 508 E Main St Unit 5

What is the listing price of this property?

The listing price of 508 E Main St Unit 5 property is $189,900.

What type of property is this?

The property 508 E Main St Unit 5 is a condo located in Lexington, Kentucky, 40508.

Is this property for sale now?

Accepting Backup Offers: 508 E Main St Unit 5 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 508 E Main St Unit 5 has 1 bedroom and 1 bathroom.

Which year was this property built?

The year of construction for 508 E Main St Unit 5 is 1932.

Rocket Homes›Kentucky›Fayette County›Lexington›40508›508 E Main St Unit 5

This home is located at 508 E Main St Unit 5 in Lexington, KY and zip code 40508 in the Aylesford Place neighborhood. This home was built in 1932. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $189,900.

In November 2024, from all listings sold in Lexington, KY there were more than 44 sold above asking price, over 128 sold below and more than 65 were sold right at the asked price. The number of listings in Lexington, KY decreased by 4.7% between October 2024 and November 2024. The median list price of listings available in November 2024 was $325,139, while the average time on the real estate market was 21 days.

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

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