2 months on rocket

561 Albany Rd, Lexington, KY, 40502

$490,000

Home List Price

$5,819*

Closing Credit

4 Bedrooms
2 Full Baths
House

Location

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561 Albany Rd, Lexington$490,000

Buyer Closing Credits

$5,819*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street
Year Built1957
HeatingNatural Gas
CoolingElectric, Heat Pump
BasementYes
MLS #24014079
Lot Size0.28 Acres
StatusActive

About 561 Albany Rd

Freshly painted and new price!Welcome to 561 Albany Rd. This beautiful home offers a perfect blend of comfort, style, and convenience. Featuring 4 spacious bedrooms and 2 fully renovated bathrooms, this residence is designed to effortlessly accommodate your lifestyle needs. The partially finished basement adds extra versatility, ideal for a home gym, playroom, or additional storage. Step outside to discover your own private oasis. The beautifully landscaped backyard offers a serene escape, backing up to a walking trail and park, perfect for outdoor enthusiasts. Additional features include a detached 2-car garage, providing ample storage and parking space.Don't miss the opportunity to make this dream home yours. Schedule a viewing today! Inspections are welcome but home is being sold ''as is.''

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1957
  • Stories: 1

Listing Office:

  • Office Name: ERA Select Real Estate
  • Office Phone: (859) 296-1525

Interior Features

Interior Information:

  • Appliances: Dryer, Gas Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Bedroom First Floor, Dining Area, Eat-in Kitchen, Primary First Floor

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

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

Virtual/3D Tour

  • 3D Tour: 561 Albany Rd
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Lafayette High School, Public Magnet Grades 9-12
  • Morton Middle School, Public District Grades 6-8
  • Glendover Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Nicholasville Rd- turn onto Zadale Drive. Make a left at Bellefonte Drive. Right on Albany Rd. Home is located on left 561 Albany Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $490,000

Tax Information:

  • Annual Amount: $2,786
  • 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

$325K

Med. Price/SqFt

$144

Avg. Days On Market

23

# of Sold Homes

299

561 Albany Rd vs Lexington

76 DAYS ON ROCKET

+53 Days

$490,000

+$164.9K More

KEY TAKEAWAY

This property is $164.9K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24014079

Listing Office:

  • Office Name: ERA Select Real Estate
  • Office Phone: (859) 296-1525

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: 9/27/2024, 7:20:52 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$2,786$259,100
2019$2,786$259,100
2018$2,629$245,000

History based on county public records data.

Payment Calculator

$2,513

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,536

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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.

Elementary School

school-card-donut-811233
5
/10

  • Glendover Elementary School

  • 710 Glendover Rd

  • 0.14 miles

  • Public District Grades PK-5

Middle School

school-card-donut-811234
6
/10

  • Morton Middle School

  • 1225 Tates Creek Rd

  • 1.45 miles

  • Public District Grades 6-8

High School

school-card-donut-811235
8
/10

  • Lafayette High School

  • 401 Reed Ln

  • 1.92 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 $106,250. Most Lexington, KY residents have annual incomes between $35k-100k. Most families are married, 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 561 Albany Rd

What is the listing price of this property?

The listing price of 561 Albany Rd property is $490,000.

What type of property is this?

The property 561 Albany Rd is a house located in Lexington, Kentucky, 40502.

Is this property for sale now?

Active Listing: 561 Albany Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 561 Albany Rd are:
Glendover Elementary School: GreatSchools Rating 5/10
Morton Middle School: GreatSchools Rating 6/10
Lafayette High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,786 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 561 Albany Rd has 4 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 561 Albany Rd is 1957.

Rocket Homes›Kentucky›Fayette County›Lexington›40502›561 Albany Rd

This home is located at 561 Albany Rd in Lexington, KY and zip code 40502 in the District 4 neighborhood. This home, which was built in 1957, sits on a 0.28 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 13, 2024 and is currently priced at $490,000.

In August 2024, from all listings sold in Lexington, KY there were more than 64 sold above asking price, over 145 sold below and more than 90 were sold right at the asked price. The number of listings in Lexington, KY decreased by 4.6% between July 2024 and August 2024. In August 2024 median list price was $325,001 and the average listing age was 23 days.

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

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