7 months on rocket

79 Public Sq, Lancaster, KY, 40444

$489,000

Home List Price

$5,807*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
House

Location

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79 Public Sq, Lancaster$489,000

Buyer Closing Credits

$5,807*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1882
HeatingHeat Pump
CoolingHeat Pump
BasementYes
MLS #24007838
StatusActive

About 79 Public Sq

Here is a one of a kind, 3 story brick building with basement in downtown Lancaster that is listed on National Register of Historic places in Garrard County. Built in 1882 and completely remodeled in 1997, while keeping the original character with 13 ft ceilings and 1,000 sq ft of space on each floor with original hardwood floors that have been refinished in the 2nd and 3rd floor. The first floor features 200 yr old oak flooring with original foyer tile. The first floor features an original bank vault with another vault in the basement. Updates include all new plumbing, electric (200 amp service on first floor and 200 amp service for the 2nd and 3rd floor), plaster, hvac ( 3 units) and roof. The first floor is currently being rented for 1,000.00 a month with great income potential for the other 2 floors that could be used for residential or commercial, office space, or an airbnb. Another great feature is a full functioning elevator and intercom system. There is a half bath on first floor. Two full baths, 2 bedrooms and laundry room on second floor. One full bath, 1 bedroom, kitchen and living room on third floor.

Property Details

Property Features

Property Information:

  • Year Built: 1882
  • Stories: 3

Listing Office:

  • Office Name: Danny Ayres Realty & Auction
  • Office Phone: (859) 792-4025

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Microwave, Oven, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Interior: Elevator

Bedroom and Bathroom Information:

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

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: on square in downtown Lancaster

Price Information

Listing Price Info

Price Summary:

  • List Price: $489,000

Tax Information:

  • Annual Amount: $2,745
  • Tax Year: 2020
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Housing Market Comparison

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

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Lancaster, KY

City

Med. Sold Price

$250K

Med. Price/SqFt

$140

Avg. Days On Market

33

# of Sold Homes

13

79 Public Sq vs Lancaster

238 DAYS ON ROCKET

+205 Days

$489,000

+$239K More

KEY TAKEAWAY

This property is $239K more than the Median Sold Price in Lancaster, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24007838

Listing Office:

  • Office Name: Danny Ayres Realty & Auction
  • Office Phone: (859) 792-4025

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: 12/18/2024, 2:21:03 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$2,745$232,000
2019$2,747$203,000
2018$2,414$203,000

History based on county public records data.

Payment Calculator

$2,508

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,533

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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-7501
3
/10

  • Lancaster Elementary School

  • 205 Lexington St

  • 0.18 miles

  • Public District Grades PK-5

school-card-donut-7502
5
/10

  • Paint Lick Elementary School

  • 6798 Richmond Rd

  • 6.35 miles

  • Public District Grades PK-5

school-card-donut-7503
7
/10

  • Camp Dick Robinson Elementary School

  • 279 N Camp Dick Rd

  • 7.04 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 $55,714. The most common annual income of people living in Lancaster, KY is between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 79 Public Sq

What is the listing price of this property?

The listing price of 79 Public Sq property is $489,000.

What type of property is this?

The property 79 Public Sq is a house located in Lancaster, Kentucky, 40444.

Is this property for sale now?

Active Listing: 79 Public Sq 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 $2,745 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 79 Public Sq has 3 bedrooms and 3 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 79 Public Sq is 1882.

Rocket Homes›Kentucky›Garrard County›Lancaster›40444›79 Public Sq

This home is located at 79 Public Sq in Lancaster, KY and zip code 40444. This home was built in 1882. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $489,000.

While more than 1 listings in Lancaster, KY in November 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 9 were sold below. In November 2024 in Lancaster, KY there were 5% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $250,000, while the average time on the real estate market was 33 days.

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

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