508 E Main St #402, Lexington, KY 40508
PENDING

508 E Main St #402
Lexington, KY 40508

Central Downtown
  • 3 Beds
  • 2 Baths
  • 1,635 sqft
  • 3 Beds
  • 2 Baths
  • 1,635 sqft

$515,000

Est. Mortgage $4,067/mo*
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Local Information

map showing home location
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-- mins to
Commute Destination

Description

Exquisite, charming and unique--The Wellington Arms is the jewel of Main Street. The rarely available Penthouse features 3 bedrooms & 2 updated baths is nothing shy of spectacular! Lovely living and dining rooms with amazing natural light! Private Laundry room with tasteful storage and Washer/dryer combo unit included! Gorgeous views of Main Street and Downtown! Retaining the embellishments from its original design, coupled with contemporary expectations, this space creates a unique downtown living experience. A gourmet and entertainment ready kitchen boasting granite and nice stainless appliances, soaring 9' ceilings, elegant lighting fixtures, original hardwood floors, raised paneling and gracious living at its best! Common areas include a courtyard & patio, stunning first floor gathering room flanked by leaded glass, on site salon, gym & community room on the lower level. Walk to Kentucky Theatre, Woodland Park, Rupp Arena, Kroger Field, historic Bell Court & restaurants galore. One parking space per owner in the parking shelter & all maintenance provided! Don't miss out on this rare gem!

Home Highlights

Parking
Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
$901/Monthly
Price/Sqft
$315
Listed
31 days ago

Home Details for 508 E Main St #402

Interior Features

Interior Details
Number of Rooms: 9Types of Rooms: Dining Room, Kitchen, Bedroom, Utility Room, Living Room, Master Bedroom, Full Bath
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1635 Square Feet
Appliances & Utilities
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, WasherDishwasherDisposalDryerLaundry: Electric Dryer Hookup,Main Level,Washer HookupMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Electric
Windows, Doors, Floors & Walls
Window: Blinds, Storm Window(s)Flooring: Hardwood, Marble, Tile
Levels, Entrance, & Accessibility
Levels: OneElevatorFloors: Hardwood, Marble, Tile

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: PatioFoundation: Stone
Parking & Garage
Number of Garage Spaces: 1Number of Carport Spaces: 1Number of Covered Spaces: 2Has a CarportHas a GarageParking Spaces: 2Parking: Off Street,Detached Carport
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet
Finished Area
Finished Area (above surface): 1635 Square Feet

Days on Market

Days on Market: 31

Property Information

Year Built
Year Built: 1932
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium
Building
Construction Materials: Brick Veneer, Stone
Property Information
Parcel Number: 38165020

Price & Status

Price
List Price: $515,000Price Per Sqft: $315

Active Status

MLS Status: Pending

Location

Direction & Address
City: LexingtonCommunity: Downtown
School Information
Elementary School: AshlandElementary School District: Fayette County - 1Jr High / Middle School: MortonJr High / Middle School District: Fayette County - 1High School: Henry ClayHigh School District: Fayette County - 1

Agent Information

Listing Agent
Listing ID: 24005643

Building

Building Area
Building Area: 1635 Square Feet

Community

Community Features: Park

HOA

HOA Fee Includes: Common Area Maintenance, Insurance, Management, Recreation Facility, Snow Removal, Trash, WaterHas an HOAHOA Fee: $901/Monthly

Compensation

Buyer Agency Commission: 3.00Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 24005643

Additional Information

Park
Last check for updates: about 20 hours ago
Listing courtesy of Sarah B Espinosa, (859) 509-1299
Re/Max Creative Realty
Source: Bluegrass REALTORS®, MLS#24005643

Price History for 508 E Main St #402

DatePriceEventSource
04/22/2024$515,000PendingBluegrass REALTORS® #24005643
04/01/2024$515,000ContingentBluegrass REALTORS® #24005643
03/29/2024$515,000Listed For SaleBluegrass REALTORS® #24005643
03/25/2022$399,000Sold
N/A
01/19/2021$399,000Sold
Bluegrass REALTORS® #20022853
01/05/2021$399,000ContingentBluegrass REALTORS® #20022853
11/06/2020$399,000PendingAgent Provided
11/03/2020$399,000Listed For SaleAgent Provided
06/01/2016$325,000Sold
Bluegrass REALTORS® #1604488
03/24/2016$339,900PendingAgent Provided
03/11/2016$339,900Listed For SaleAgent Provided
03/18/2014$290,000Sold
N/A
08/03/2013$335,000Listed For SaleAgent Provided
06/14/2013$349,500ListingRemovedAgent Provided
02/15/2013$349,500PriceChange
Agent Provided
04/15/2012$360,000Listed For SaleAgent Provided
03/07/2012$410,000ListingRemovedAgent Provided
01/15/2011$410,000Listed For SaleAgent Provided

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Property Taxes and Assessment

Year2020
Tax$4,152
Assessment$325,000
Home facts updated by county records

Comparable Sales for 508 E Main St #402

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
508 E Main St #409, Lexington, KY
0.01
Condo
$364,000
07/24/23
2
2
1,215
111 Woodland Ave #310, Lexington, KY
0.05
Condo
$585,000
08/31/23
2
2
1,674
499 E High St #406, Lexington, KY
0.23
Condo
$395,000
07/14/23
2
2
1,526
111 Woodland Ave #508, Lexington, KY
0.06
Condo
$700,000
10/17/23
2
2
1,800
480 Skain St #106, Lexington, KY
0.11
Condo
$315,000
08/11/23
2
2
1,225
350 E Short St #310, Lexington, KY
0.28
Condo
$340,000
07/07/23
2
2
1,293
369 E Main St #306, Lexington, KY
0.24
Condo
$469,000
10/17/23
2
2
1,071
369 E Main St #502, Lexington, KY
0.24
Condo
$470,000
10/17/23
2
2
1,086

Neighborhood Overview

Central Downtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Central Downtown

  • Trulia User
    "there's lots of other dogs in the neighborhood and friendly neighbors as well. it's an overall great neighborhood to live in with a lot of kind people. "
    0
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  • Trulia User
    "We have a 4th of July block party every year, Main Street is close off in front of our homes the fireworks are right across the street. "
    1
    Flag
  • Zachary C. M.
    "It’s a college area so it’s not the quietest. Be prepared to hear emergency vehicles and pedestrians "
    1
    Flag
  • Ana
    "Close to all downtown events, Kentucky native etc. Not the kind of neighborhood where you have a street party, potlucks etc. "
    4
    Flag
  • Clara W.
    "It’s right next to the park, which is great for walking and playing with your dogs. However, some houses in these areas do not have backyards, so it is difficult if you have a dog constantly needing access to the outdoors or accustomed to a backyard. "
    5
    Flag
  • Laura W.
    "The commute is okay. I work in Nicholasville so we head out on Tate’s Creek in the morning and it’s not too bad. The stop lights are pretty annoying. "
    0
    Flag
  • karenw
    "I’ve lived in this neighborhood for 11 years. Neighbors are friendly, good people. I walk to neighborhood and downtown events, restaurants, coffee shops, theaters. I love living in downtown area."
    18
    Flag
  • Junisabelo
    "They like it because they can let the dog run out the backyard.... but I dnt mind since I have no pets."
    0
    Flag
  • Beth C.
    "Must leash and walk quite a way to allow dogs to potty. Small yards some not fenced. Historical neighborhood which means people are pickier."
    2
    Flag
  • Angieclift
    "W. Second St. Lexington, Ky is a great downtown area to walk or just enjoy yourself at a nearby restaurant, pub, brewery or distillery. W. Second street is conveniently located within short walking distance to Gratz park, the home of Mary Todd Lincoln or Triangle park. Do a little shopping at Festival Market, Victorian Square or a wine shop. Watch the Kentucky Wildcats play at Rupp Arena. Thursday, Friday and Saturdays are usually the busiest times of the week for this area. Very close to public and highly rated private schools in a matter of just a few minutes walking. Bus stops located on the same street. Excellent historical part of Lexington, Ky to hang out and enjoy yourself."
    0
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LGBTQ Local Legal Protections

Sarah B Espinosa, Re/Max Creative Realty
IDX 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. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
508 E Main St #402, Lexington, KY 40508 is a 3 bedroom, 2 bathroom, 1,635 sqft condo built in 1932. 508 E Main St #402 is located in Central Downtown, Lexington. This property is currently available for sale and was listed by Bluegrass REALTORS® on Mar 29, 2024. The MLS # for this home is MLS# 24005643.