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(SOLD) $478,600

5061 Magnolia Gardens Place Lexington, KY  40515

  • 3 Beds
  • 3 Baths

Property Description for 5061 Magnolia Gardens Place Lexington, KY 40515

SUBSTANTIAL PRICE IMPROVEMENT! Seller offering up to 3,000 in closing costs and prepaids. Appraisal on file. A tastefully and extensively remodeled home nestled in the heart of the desirable Charleston Gardens subdivision offers numerous updates throughout. This 2,223 sq. ft., 3 bedroom, 3 bathroom home features a completely reconfigured kitchen with all new appliances, new custom cabinetry, an upgraded kitchen island with quartz countertop, and a new Pella sliding backdoor. Additional updates include fresh paint throughout, Brazilian Cherry Hardwood flooring, new light fixtures, newly rebuilt fireplace with quartz stone facing, remodeled primary bathroom, refreshed jack and jill bath with new vanity top and reglazed tub, updated half bath, tankless water heater, 2 new gas furnaces, and a Generac generator. Step outside to find a meticulously landscaped backyard full of lush greenery and lovely flowers that provides a serene backdrop to help unwind. This beautiful outdoor space also offers ample room for entertaining under the covered deck or sitting by the gas fire pit. This one won't last long! Schedule your showing today!

Address:5061 Magnolia Gardens Place Lexington KY 40515
Status:Sold
Sold On: 9/26/2024
Price:$484,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Year Built:2002
Lot Size:0.21
County: Fayette
School System : Fayette County - 1
MLS #:24013083
Property Type:Single Family Residence

Lot Dimensions:9322
Water Source:Public
Directions:Tates Creek Road, turn right into Charleston Gardens, turn right onto Magnolia Gardens PL, home is located on the left.
Abv. Grnd. Sq. Ft. :2,223
Sq. Ft. Source:Appraiser
Garage:

Loan Price
$2,696
Price And Interest $2,497/month
Property Tax $0/month
MTG INS $0/month
HOME INS $199/month
Price
$478,600
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$2,388 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

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

Mandatory HOA Fee:$

Area: 003 - Fayette County SE
City:Lexington
Subdivision: Charleston Garden
Zip Code:40515

School System:Fayette County - 1
High School:Tates Creek
Middle School:Southern
Elementary School:Veterans

Interior Features:Walk-In Closet(s), Dining Area, Entrance Foyer, Ceiling Fan(s)
Exterior Type:Vinyl Siding, Brick Veneer
Heat:Forced Air, Natural Gas
Total Rooms:4
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Grenville Caruso with Rector Hayden Realtors

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

84
Avg. DOM
$243
Avg. $ / Sq.Ft.
$ 407,500
Med. List Price

The house prices in Lexington are indeed dropping at the moment. There has been a decrease in price of $40,464.05. 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 $399,900.00 and the average price per square feet is $232.94 per square feet. At the moment, the amount of homes listed is exactly 12092 houses, with 431 with active status, 370 with pending status and 11291 sold in Lexington .

The most popular place to buy a home in Lexington is 003 - Fayette County SE. 003 - Fayette County SE 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 910 minutes ago.

At the moment we have 28 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 $89,000.00 . 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 1794 and the newest built house is in year 9999.

The average size of properties in Lexington is 57.13 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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