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$695,000 ↓$55,000on 11/9/2024

7418 OLD DRY BRANCH Road Lexington, KY  40515

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Property Description for 7418 OLD DRY BRANCH Road Lexington, KY 40515

Escape to over 40 acres of prime land in Lexington, Kentucky. This rare offering provides endless possibilities for creating your dream mini-farm or private retreat, all while enjoying the peace and beauty of Kentucky's countryside. With gently rolling hills and mature trees, enjoy the privacy of rural living with easy access to Lexington's amenities, just a short drive away. They aren't making more land in Lexington—now's your chance to claim this piece of Bluegrass country and bring your vision to life!

Address:7418 OLD DRY BRANCH Road Lexington KY 40515
Status:Active
on site: 43 days
Price:$695,000
Bathrooms:0
Lot Size:47.70
County: Fayette
MLS #:24021258
Property Type:Farm

Lot Dimensions:2077812
Zoning:AR
Directions:Outbound Tates Creek Road, LEFT Spears Rd, RIGHT Jacks Creek Pike, RIGHT Dry Branch, RIGHT Old Dry Branch

Loan Price
$3,915
Price And Interest $3,625/month
Property Tax $0/month
MTG INS $0/month
HOME INS $290/month
Price
$695,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$3,480 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/09/24 $750,000 $695,000 -7.3%

Mandatory HOA Fee:$

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

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 Lana Stephens and Traci Mitchell with Christie's International Real Estate Bluegrass

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 963 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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