Stellar Southbend - Lexington, KY, 40503

Fayette County, Lexington, KY, 40503
Sold
Listed at: September 3rd, 2024
Price
$229,000
ARV
$410,000
Gross Margin
$181,000
Sq. Footage
1885
Type
Single-Family
Parking
Unassigned
Year build
1990
Lot size
0.22 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
1
Summary

Details:

  • 3bd/1ba with 1885 sqft
  • Vacant
  • Closing on or before 09/30/24
  • Market Rent: $2,600.00
  • Current Rent: N/A
  • Great Value Add Property with Additional Bathroom

ARV is $410,000 based on the following comps:

 

  • 538 Woodbine Drive in Lexington, KY, 40503 is a renovated 2035 SqFt, 3 Bed / 2 Bath that sold for $466,500 on 8/5/2024 ($229.23 per SqFt)
  • 543 Rosemont Garden in Lexington, KY, 40503 is a renovated 1442 SqFt 3 Bed / 2 Bath that sold for $355,000 on 4/9/2024 ($246.18 per SqFt)
  • 582 Sheridan Drive in Lexington, KY, 40503 is a renovated 1876 SqFt, 3 Bed / 2 Bath that sold for $428,000 on 10/13/2023 ($228.14 per SqFt)

Repairs:

 Roof: Could use updateing

HVAC: Needs replaced

Flooring: Needs updated

Kitchen: Needs updated

Bathroom: Decent condition

Windows: Older, could be updated

Foundation: concrete block, no reported issues

Other:

 

These deals move fast. If you would like to lock the property up, our client accepts sight-unseen, no-contingency cash offers.

$2,500 non-refundable deposit required for all buyers.

Realtors, add your fee (whatever you like) and bring us a buyer!

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Andy Klunder

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Disposition manager