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$520,000 ↓$25,000on 9/2/2024

135 Constitution Street Lexington, KY  40507

  • 3 Beds
  • 3 Baths

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Property Description for 135 Constitution Street Lexington, KY 40507

1833 BGT home with a location that can't be beat! Situated in the heart of the NoLi district, this historic home offers a unique proposition given its B-2A zoning. Live/work, multifamily rental, office, art gallery, bar, restaurant, etc. are all permitted. If seeking a single-family home you're in luck, as the current owners have finalized architectural drawings from Gibson, Taylor Thompson with four separate floor plan options that covey with the sale (available in paper format during showings). The home is teed-up for your personal design touches, with recent updates that include: new roof, A/C, furnace coils, sump pump, fencing, water heater, 200 amp electrical service, updated plumbing, among others. A truly walkable area of Lexington. Located on the same block as Constitution Bar and Kismet Salon, with restaurants, coffee shops, boutiques, the courthouse, and Transylvania University all within a few blocks. Existing floor plan includes 2000+ sq ft 2bd/1.5 bath main house and an attached 500 sq ft 1bd/1 bath studio with kitchenette and separate entrance. 2 parking spots and outdoor courtyard. Owners offering $5k towards closing

Address:135 Constitution Street Lexington KY 40507
Status:Active
on site: 130 days
Price:$520,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Year Built:1833
Lot Size:0.08
County: Fayette
School System : Fayette County - 1
MLS #:24009975
Property Type:Single Family Residence

Lot Dimensions:3276
Water Source:Public
Directions:Coming from Kentucky Theatre on Main Street, heading southward on North Martin Luther King, turn right onto Constitution, cross from Sayre parking lot. Halfway down Constitution St, between MLK and Limestone. Constitution is ONE way street.
Abv. Grnd. Sq. Ft. :2,592
Sq. Ft. Source:Assessor

Loan Price
$2,930
Price And Interest $2,713/month
Property Tax $0/month
MTG INS $0/month
HOME INS $217/month
Price
$520,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$2,604 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
09/02/24 $545,000 $520,000 -4.6%
08/16/24 $575,000 $545,000 -5.2%
07/25/24 $600,000 $575,000 -4.2%
06/19/24 $630,000 $600,000 -4.8%
06/16/24 $665,000 $630,000 -5.3%
05/30/24 $695,000 $665,000 -4.3%

RoomSizeLevel
Primary Bedroom Info Not Available
Primary Bedroom Info Not Available
Bedroom Info Not Available
Full Bath Info Not Available
Full Bath Info Not Available
Half Bath Info Not Available
Dining Room Info Not Available
Utility Room Info Not Available
Kitchen Info Not Available
Living Room Info Not Available
Den Info Not Available

Mandatory HOA Fee:$

Area: 002 - Fayette County NE
Subdivision: Downtown
Zip Code:40507

School System:Fayette County - 1
High School:Lafayette
Middle School:Lexington Trad
Elementary School:Harrison

Interior Features:Walk-In Closet(s), Dining Area, Entrance Foyer
Exterior Type:Other
Heat:Electric, Natural Gas
Total Rooms:5
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Crystal Gail Smith with Keller Williams Bluegrass Realty

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Lexington, KY Market Report

80
Avg. DOM
$233.94
Avg. $ / Sq.Ft.
$ 419,450
Med. List Price

The house prices in Lexington are indeed dropping at the moment. There has been a decrease in price of $27,430.71. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Lexington are going Down. The average house price is $425,000.00 and the average price per square feet is $224.37 per square feet. At the moment, the amount of homes listed is exactly 6758 houses, with 421 with active status, 386 with pending status and 5951 sold in Lexington .

The most popular place to buy a home in Lexington is 002 - Fayette County NE. 002 - Fayette County NE is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Lexington .

The average amount of property taxes you would have to pay for a home in Lexington is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Lexington are staying listed for an average of 69 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Lexington was 1370 minutes ago.

At the moment we have 40 open houses that you can visit.

The cost of the most expensive home in Lexington is $10,500,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Lexington is $85,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Lexington in year 1014 and the newest built house is in year 9999.

The average size of properties in Lexington is 57.55 sq.ft. , the biggest one being 3633 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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