• 546 Elm Tree
    Lexington, KY 40508

  • $ 400,000

  • 4
    Bed(s)

  • 4
    Bath(s)

  • 3,702
    Sq Ft

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Beautiful restoration of a 3,700 sq foot Downtown home. Months and months of work. Refinished hardwood floors, new electrical wiring and 400 amp service, all new plumbing, all new 4 zoned HVAC, spray foam insulation, new windows, new roof and gutters. That's just the guts. The detail and character of this home is what makes it so spectacular. The first floor boasts an open floor plan with designer kitchen, new cabinets, granite island and countertops, stainless appliances and all new light fixtures. Three and half new bathrooms. Master suite upstairs with huge bathroom, dual vanities, walk in tile shower. Plenty of closets. Two more bedrooms upstairs and additional full bath. The property is especially unique in that the right side of the home could be used for rental income (need to add kitchen), or a home office, yoga studio, art studio, guest quarters. There is a separate entrance and can be closed off from main part of the house. Impossible to find this much space for the price!

Property Type : Single Family Residence

Subdivision : Downtown

County : Fayette

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Property Details

Bathroom Information

  • Total Baths: 4
  • Full Baths: 3
  • Half Baths: 1

Kitchen Information

  • Kitchen Features: Formal Dining Room,Kitchen Bar

Interior Features

  • Washer-Dryer Hook-up
  • Appliances: Range,Microwave,Dishwasher,Refrigerator
  • Air Conditioning: Electric,Heat Pump

Roofing Information

  • Dimensional Style

Flooring Information

  • Hardwood,Tile,Wood

Heating & Cooling

  • Heating: Forced Air

Building Information

  • Year Built: 1940
  • Built: 1940
  • Construction: Siding - Vinyl,Siding - Wood
  • Foundation/Basement: Stone
  • Type/Style: 2 Story

Exterior Features

  • Wood Fence,Privacy Fence,Partially Fenced,Trees

Lot Information

  • Lot Size: 0.25
  • Miscellaneous Information: Great Room,Home Office
  • Property Disclaimer: Information has not been verified, is not guaranteed and subject to change.

Property Information

  • SQ ft: 3,702
  • Subdivision: Downtown

Listing Price Information

  • Original List Price: $400,000

Tax Information

  • Annual Tax: $15,602,100
  • Tax Rate: 1

Parking Information

  • Garage Description: Side/Back Entry,Off Street Parking

Homeowners Association Information

  • HOA : N/A

School Information

  • Elementary School: William Wells Brown
  • Junior High School: Lexington Trad
  • Senior High School: Lafayette

Utility Information

  • Water: City
  • Sewer: Public Sewer
  • Fuel: Gas,Electric

Location Information

  • Inside New Circle Rd
  • Area:Fayette County NE 2

Downtown Statistics

Total for Sale 165
Average Taxes $19,137,000
Year Built 1812 to 2017
Average Days on Market for Available Inventory 208
Average Days on Market for Sold Inventory 16382
List Price to Sales Price Ratio 69.90%
Single Family Homes 78
Condo's 49
Townhomes 17
Vacant Land 8
Multifamily 13
Water Front Properties 113

Downtown is a subdivision within the city of Lexington, KY. There are currently 165 Homes for Sale within Downtown, with asking prices ranging from $1,350 to $1,375,000. The average list price per square foot of the available inventory in Downtown is $136, which is above the Lexington average of $130. The Average Sales price of all sold real estate in this subdivision for the past year is $230,150. Recent comparable homes have been selling for 69.90% of their asking price. Waterfront homes represent 68.48% of the available Downtown inventory. The total number of households in the zip code of 40508 is 9,123, with an average household size for of 2.09 people. The total number of renter households within the zip code of 40508 is 6809, which means that 25.36% of households in this zipcode are owner occupant households.

Neighborhood Activity

Find More Statistics and Homes Trends in Downtown

Homes For Sale in Downtown
All For Sale Median Price
1 Bed Homes (5) $ 183,525
2 Bed Homes (27) $ 123,181
3 Bed Homes (21) $ 253,393
4 Bed Homes (19) $ 492,598
5+ Bed Homes (5) $ 587,058
Homes Sold in Downtown
Sold Median Price
1 Bed Homes (21) $ 58,842
2 Bed Homes (104) $ 108,493
3 Bed Homes (154) $ 225,504
4 Bed Homes (49) $ 314,604
5+ Bed Homes (25) $ 578,534
Condos For Sale in Downtown
All For Sale Median Price
1 Bed Condos (17) $ 185,847
2 Bed Condos (22) $ 307,950
3 Bed Condos (5) $ 469,560
Condos Sold in Downtown
Sold Median Price
1 Bed Condos (92) $ 154,255
2 Bed Condos (107) $ 273,010
3 Bed Condos (6) $ 384,483
TownHomes For Sale in Downtown
All For Sale Median Price
2 Bed TownHomes (3) $ 284,233
3 Bed TownHomes (13) $ 280,638
4 Bed TownHomes (1) $ 25,000
Villas Sold in Downtown
Sold Median Price
2 Bed TownHomes (18) $ 250,678
3 Bed TownHomes (33) $ 300,664
Land For Sale in Downtown
All For Sale Median Price
Land For Sale (8) $ 51,150
Land Sold in Downtown
Sold Median Price
>Land Sold (15) $ 23,113
Multifamily For Sale in Downtown
All For Sale Median Price
4 Bed Multifamily (6) $ 332,033
5+ Bed Multifamily (5) $ 232,444
Multifamily Sold in Downtown
Sold Median Price
2 Bed Multifamily (3) $ 83,408
3 Bed Multifamily (5) $ 133,880
4 Bed Multifamily (16) $ 263,394
5+ Bed Multifamily (19) $ 382,928
Homes For Sale in 40508
All For Sale Median Price
1 Bed Homes (1) $ 1,350
2 Bed Homes (33) $ 117,927
3 Bed Homes (33) $ 206,141
4 Bed Homes (27) $ 372,154
5+ Bed Homes (7) $ 214,000
Homes Sold in 40508
Sold Median Price
1 Bed Homes (27) $ 61,210
2 Bed Homes (133) $ 96,353
3 Bed Homes (217) $ 194,921
4 Bed Homes (88) $ 271,174
5+ Bed Homes (29) $ 138,333
Condos For Sale in 40508
All For Sale Median Price
1 Bed Condos (18) $ 130,331
2 Bed Condos (43) $ 255,060
3 Bed Condos (3) $ 433,000
Condos Sold in 40508
Sold Median Price
1 Bed Condos (86) $ 141,094
2 Bed Condos (86) $ 219,358
3 Bed Condos (4) $ 412,225
TownHome For Sale in 40508
All For Sale Median Price
2 Bed TownHome (3) $ 284,233
3 Bed TownHome (11) $ 286,309
4 Bed TownHome (1) $ 25,000
TownHome Sold in 40508
Sold Median Price
2 Bed TownHome (13) $ 252,869
3 Bed TownHome (32) $ 293,398
4 Bed TownHome (1) $ 179,000
Land For Sale in 40508
All For Sale Median Price
Land For Sale (12) $ 81,308
Land Sold in 40508
Sold Median Price
Land Sold (22) $ 42,005
Homes For Sale in Lexington
All For Sale Median Price
1 Bed Homes (13) $ 204,340
2 Bed Homes (148) $ 130,048
3 Bed Homes (1069) $ 218,588
4 Bed Homes (1010) $ 373,527
5+ Bed Homes (362) $ 962,816
Homes Sold in Lexington
Sold Median Price
1 Bed Homes (150) $ 194,533
2 Bed Homes (1061) $ 121,510
3 Bed Homes (9146) $ 176,626
4 Bed Homes (5780) $ 294,432
5+ Bed Homes (1446) $ 790,651
Condos For Sale in Lexington
All For Sale Median Price
1 Bed Condos (54) $ 151,669
2 Bed Condos (136) $ 205,935
3 Bed Condos (31) $ 277,674
4 Bed Condos (3) $ 299,600
Condos Sold in Lexington
Sold Median Price
1 Bed Condos (232) $ 122,232
2 Bed Condos (599) $ 156,955
3 Bed Condos (185) $ 198,848
4 Bed Condos (21) $ 426,807
5+ Bed Condos (1) $ 160,000
TownHomes For Sale in Lexington
All For Sale Median Price
1 Bed TownHomes (3) $ 111,633
2 Bed TownHomes (96) $ 162,102
3 Bed TownHomes (108) $ 262,312
4 Bed TownHomes (27) $ 324,497
5 Bed TownHomes (3) $ 496,300
TownHomes Sold in Lexington
Sold Median Price
1 Bed TownHomes (7) $ 185,600
2 Bed TownHomes (700) $ 122,732
3 Bed TownHomes (661) $ 213,642
4 Bed TownHomes (140) $ 309,397
5+ Bed TownHomes (12) $ 302,273
Land For Sale in Lexington
All For Sale Median Price
Land For Sale (248) $ 1,013,725
Land Sold in Lexington
Sold Median Price
Land Sold (420) $ 518,686

 

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Property History Of 546 Elm Tree

Date Event & Source Price
March 24, 2017 Listed (Active)
MLS: 1706178
$400,000
January 01, 1800 Sold (Active)
MLS: 1706178
$0
Broker Reciprocity

Disclosure: Information Deemed Reliable but Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of LBARMLS. Copyright 2017 Lexington-Bluegrass Assn of REALTORS, Inc. All rights reserved.

IDX information is provided exclusively for consumers' personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect Participants and/or the MLS from liability.

ByOwner last checked this listing 01/22/2018

MLS : 1706178

Listing provided courtesy of Dan Elkinson, Keller Williams Bluegrass Realty

Source : Lexington-Bluegrass Assn of REALTORS

546 Elm Tree , Lexington, KY, 40508 is a Home, with 4 bedrooms which is for sale, it has 3,702 sqft, 0 sized lot, and . A comparable , has 3 bedrooms and 2 baths , it was built in 1994 and is located at 430 Conley Lexington KY 40508 and for sale by its owner at $ 112,900. This home is located in the city of Lexington , in zip code 40508, this Fayette County , it is in the Downtown Subdivision, Centercourt and Aintree are nearby neighborhoods.

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