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$250,000 ↓$15,000on 3/10/2024(Pending)

457 Potomac Drive Lexington, KY  40503

  • 4 Beds
  • 2 Baths

Property Description for 457 Potomac Drive Lexington, KY 40503

Buyer Financing fell through! Back on market! Rather your an Investor or a DIY homeowner, this motivated seller has the home for you! This stunning ranch-style brick home boasts an unbeatable location, just 1.5 miles away from the renowned Fayette Mall. This rare opportunity features four spacious bedrooms, one and half bath, large fenced in yard and unattached garage along with a private fenced driveway that curves to the back of the home for added security. Homeowner started on this remodel and added new flooring throughout, new carpet in bedrooms, new HVAC. Bathrooms can be finished to your liking. Add a roof, sinks for the bathrooms and paint and this home would look new. Your getting another opportunity to own a beautiful ranch-style brick home that checks all the boxes for comfort, space and convenience. Not to mention location! Call me now!

Address:457 Potomac Drive Lexington KY 40503
Status:Pending
on site: 117 days
Price:$250,000
Bedrooms:4 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Year Built:1972
Lot Size:0.21
County: Fayette
School System : Fayette County - 1
MLS #:24001045
Property Type:Single Family Residence

Lot Dimensions:9240
Utility Options:0, 1, 2, 3, 4
Building Utilities:Other
Water Source:Public
Directions:Leaving Man O War going N travel 0.7mi take Winthrop Dr for 8.5mi Potomac Drive is on your left Travel 0.3mi and home is on the right. Sign in Yard!
Abv. Grnd. Sq. Ft. :1,161

Loan Price
$1,408
Price And Interest $1,304/month
Property Tax $0/month
MTG INS $0/month
HOME INS $104/month
Price
$250,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,248 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
03/10/24 $265,000 $250,000 -5.7%

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

Mandatory HOA Fee:$

Area: 003 - Fayette County SE
City:Lexington
Subdivision: Monticello
Zip Code:40503

School System:Fayette County - 1
High School:Lafayette
Middle School:Jessie Clark
Elementary School:Wellington

Interior Features:Eat-in Kitchen, Bedroom First Floor
Equipment:Storage Shed
Exterior Type:Other, Brick Veneer
Cool:Combination
Heat:Heat Pump, Natural Gas
Total Rooms:2
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 457 Potomac Drive Lexington, KY  40503


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Listing provided courtesy of Kelly Smith Coleman with JPAR Aspire

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
$221.24
Avg. $ / Sq.Ft.
$ 440,000
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 1911 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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