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$429,900 (Pending)

505 W Main Street #203 Lexington, KY  40507

  • 2 Beds
  • 2 Baths

Property Description for 505 W Main Street #203 Lexington, KY 40507

Experience Lexington's downtown living at its finest in the 500s On Main! This corner unit boasts breathtaking views of Triangle Park and Central Bank Convention Center/Rupp Arena! Step into the updated kitchen with its sleek cabinetry, stainless steel appliances, and abundant natural light. The open-concept layout seamlessly flows through the dining area and living room to a covered private balcony. Retreat to the spacious primary suite featuring an ensuite bathroom with a garden tub, separate vanities, a fully tiled shower, and a generous walk-in closet. This unit offers another bedroom and full bathroom, along with ample storage space in the laundry area. With a private designated parking spot conveniently attached to the gated/covered garage with adjacent elevator, don't miss this chance to immerse yourself in the vibrant energy and walkability of downtown Lexington!

Address:505 W Main Street Lexington KY 40507
Status:Pending
on site: 30 days
Price:$429,900
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Year Built:2014
County: Fayette
School System : Fayette County - 1
MLS #:24007500
Property Type:Condominium

Lot Features:0
Water Source:Public
Directions:Across the street from Central Bank Center on the corner of West Main Street on Algonquin Street.
Abv. Grnd. Sq. Ft. :1,396
Garage:

Loan Price
$2,422
Price And Interest $2,243/month
Property Tax $0/month
MTG INS $0/month
HOME INS $179/month
Price
$429,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$2,148 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom Info Not Available
Bedroom Info Not Available
Full Bath Info Not Available
Full Bath Info Not Available
Family Room Info Not Available
Kitchen Info Not Available
Utility Room Info Not Available
Dining Room Info Not Available

Mandatory HOA Fee:$387
HOA Fee Includes:Insurance, Common Area Maintenance, Central Heating/Cooling, Trash Collection, Snow Removal, Sewer, Water

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

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

Interior Features:Primary First Floor, Walk-In Closet(s), Eat-in Kitchen, Elevator, Bedroom First Floor, Ceiling Fan(s)
Exterior Type:Brick Veneer
Cool:Electric
Heat:Forced Air, Electric
Total Rooms:4
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 505 W Main Street #203 Lexington, KY  40507


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Listing provided courtesy of Rusty Underwood and Rachel Underwood 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

79
Avg. DOM
$220.43
Avg. $ / Sq.Ft.
$ 422,450
Med. List Price

The house prices in Lexington are indeed dropping at the moment. There has been a decrease in price of $24,372.86. 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 $439,950.00 and the average price per square feet is $221.24 per square feet. At the moment, the amount of homes listed is exactly 4701 houses, with 272 with active status, 531 with pending status and 3898 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 74 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 2159 minutes ago.

At the moment we have 6 open houses that you can visit.

The cost of the most expensive home in Lexington is $14,500,000.00. 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 $49,900.00 . 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 1812 and the newest built house is in year 9999.

The average size of properties in Lexington is 76.43 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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