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508 Southbend Dr, Lexington, KY, 40503

$430,000

Home List Price

$5,106*

Closing Credit

4 Bedrooms
2 Full Baths
House

Location

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508 Southbend Dr, Lexington$430,000

Buyer Closing Credits

$5,106*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1905
HeatingNatural Gas, Heat Pump
CoolingHeat Pump, Electric
BasementYes
FireplaceBasement, Electric
MLS #25000535
Lot Size0.22 Acres
StatusActive

About 508 Southbend Dr

Completely remodeled 4-bedroom, 2-full bath home in the desirable Lafayette subdivision! Updates include new windows, HVAC, roof, privacy fence, water heater, and interior doors. Both bathrooms have been beautifully renovated. The kitchen features brand-new cabinets, granite countertops, and updated lighting. Enjoy the spacious living room with vaulted ceilings. Step outside to a huge backyard, perfect for entertaining or relaxing. Move-in ready with modern upgrades and a prime location. Don't miss this opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1905
  • Stories: 1

Listing Office:

  • Office Name: Allied Realty
  • Office Phone: (859) 494-9003

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Water Heater, Refrigerator, Microwave, Range
  • Basement: Yes
  • Flooring Type: Laminate, Slate
  • Interior: Eat-in Kitchen, Ceiling Fan(s)
  • Fireplace: Basement, Electric

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Southland Drive to Lafayette Parkway. Take a left onto Southbend Drive and the home will be on your Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $430,000

Tax Information:

  • Annual Amount: $1,510
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$325.3K

Med. Price/SqFt

$143

Avg. Days On Market

27

# of Sold Homes

244

508 Southbend Dr vs Lexington

3 DAYS ON ROCKET

-24 Days

$430,000

+$104.6K More

KEY TAKEAWAY

This property is $104.6K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #25000535

Listing Office:

  • Office Name: Allied Realty
  • Office Phone: (859) 494-9003

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. © 2025 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: 1/15/2025, 5:20:58 AM 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$1,510$119,100
2019$1,510$119,100
2018$1,510$119,100

History based on county public records data.

Payment Calculator

$2,214

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,356

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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-2591057
4
/10
  • Picadome Elementary School

  • 1642 Harrodsburg Rd

  • 0.39 miles

  • Public District Grades PK-5

school-card-donut-2591058
10
/10
  • Clays Mill Elementary School

  • 2319 Clays Mill Rd

  • 0.67 miles

  • Public District Grades KG-5

school-card-donut-2591059
4
/10
  • Garden Springs Elementary School

  • 2151 Garden Springs Dr

  • 1.07 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,809. The most common annual income of people living in Lexington, KY is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 508 Southbend Dr

What is the listing price of this property?

The listing price of 508 Southbend Dr property is $430,000.

What type of property is this?

The property 508 Southbend Dr is a house located in Lexington, Kentucky, 40503.

Is this property for sale now?

Active Listing: 508 Southbend Dr 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 $1,510 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 508 Southbend Dr has 4 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 508 Southbend Dr is 1905.

Rocket Homes›Kentucky›Fayette County›Lexington›40503›508 Southbend Dr

This home is located at 508 Southbend Dr in Lexington, KY and zip code 40503 in the District 10 neighborhood. This home, which was built in 1905, sits on a 0.22 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 11, 2025 and is currently priced at $430,000.

While more than 28 listings in Lexington, KY in December 2024 were sold above asking price, there were more than 61 listings sold at asking price, and more than 155 were sold below. The number of homes for sale in Lexington, KY decreased by 11.9% between November 2024 and December 2024. Listings spent 27 days on the market in December 2024, and had a median list price of $325,302 during the same period.

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

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