×
  • Left arrow.Go Back

  • Share

  • Add Note

  • Email to Friend

  • Ask a Question

  • Print

  • Heart Icon.Save

$1,574,900 ↓$50,100on 8/21/2024

702 Central Avenue Lexington, KY  40502

  • 4 Beds
  • 5 Baths

Video Chat

Schedule a Video Chat Tour

Property Description for 702 Central Avenue Lexington, KY 40502

This impressive residence has been lovingly revived by the architectural firm Gibson, Taylor, Thompson & a team of master craftsmen. Architectural Kitchens & Baths designed the oversized, sunny kitchen. Fine brands were selected, including Visual Comfort lighting, Brizo, and Perrin & Rowe plumbing fixtures. The chef's kitchen also boasts double Wolf ovens & cooktop, as well as a Monogram refrigerator. The kitchen flows into a light-filled great room perfect for gatherings. Across the central hall, a parlor could serve as a library or additional sitting room. The first-floor primary suite provides a serene escape with an ensuite spa-like bath and MTI mineral composite soaking tub. Upstairs, charming details abound, from exposed brickwork to the period ceramic tile surrounding an original fireplace. Copious storage can be found in closets and attic spaces, as well as in the refreshed basement. Enjoy leafy views of the historic neighborhood from the front porch or elevated back deck with classic pergola. The property's R-3 zoning allows for future added density. Systems were installed to reflect this possibility with three hot water tanks and expanded electric capacity.

Address:702 Central Avenue Lexington KY 40502
Status:Active
on site: 43 days
Price:$1,574,900
Bedrooms:4 Beds
Bathrooms:4 Full Baths, 1 Half Baths
Year Built:1940
Lot Size:0.27
County: Fayette
School System : Fayette County - 1
MLS #:24015587
Property Type:Single Family Residence

Lot Dimensions:11761
Lot Features:0, 1
Water Source:Public
Directions:Inbound Richmond Rd, left on Clay Ave and the house will be on the left at the corner of Central and Clay Ave
Abv. Grnd. Sq. Ft. :3,548
Sq. Ft. Source:Assessor

Loan Price
$8,871
Price And Interest $8,215/month
Property Tax $0/month
MTG INS $0/month
HOME INS $656/month
Price
$1,574,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$7,872 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
08/21/24 $1,625,000 $1,574,900 -3.1%

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

Mandatory HOA Fee:$

Area: 003 - Fayette County SE
Subdivision: Woodland Park
Zip Code:40502

School System:Fayette County - 1
High School:Henry Clay
Middle School:Lexington Trad
Elementary School:Ashland

Interior Features:Primary First Floor, Walk-In Closet(s), Eat-in Kitchen, Security System Owned, Dining Area, Entrance Foyer
Exterior Type:Brick Veneer, Stone
Heat:Natural Gas, Zoned
Total Rooms:3
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schedule a Video Chat Tour

Listing provided courtesy of James Turek and Zach Davis with Bluegrass Sotheby's International 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

82
Avg. DOM
$225.25
Avg. $ / Sq.Ft.
$ 429,900
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 1461 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.