503 Prospect St
Berea, KY 40403
- 2 Beds
- 1 Bath
- 1,350 sqft (on 0.43 acres)
2 Beds
1 Bath
1,350 sqft
(on 0.43 acres)
Local Information
-- mins to
Description
Adorable home in the heart of Berea! Great location close to Berea College and Boone Tavern making this a highly desirable area. This older home has been well maintained and is full of charm. The 2 bedroom (possibly 3 bedroom), 1 bath home has been updated with modern finishes and a new metal roof. The deck overlooks the large private backyard which has a detached garage and above ground pool making it your perfect own oasis. The unfinished basement offers ample storage and an additional wash/dryer hookup. This home is perfect for first time buyers, investors and would make a great short-term rental. Don't miss your chance to own one of the cutest homes in Berea schedule your showing today! Inspections welcome but selling as is.
503 Prospect St, Berea, KY 40403 is a 2 bedroom, 1 bathroom, 1,350 sqft single-family home built in 1929. It last sold for $205,000 on May 7, 2024 (3% above the $199,999 asking price). It is currently off market. The Trulia Estimate is $226,900, with a rent estimate of $1,108/month.
Home Highlights
Parking
Garage
Outdoor
Porch, Deck, Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 503 Prospect St
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Interior Details Basement: Concrete,Sump PumpNumber of Rooms: 9Types of Rooms: Master Bedroom, Bedroom 1, Bathroom 1, Dining Room, Kitchen, Living Room, Utility Room |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 1350 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: Dishwasher, Microwave, OvenDishwasherLaundry: Electric Dryer HookupMicrowave |
Heating & Cooling Heating: Natural GasHas CoolingAir Conditioning: Electric,Window Unit(s)Has HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Fireplace: Living RoomHas a Fireplace |
Windows, Doors, Floors & Walls Flooring: Hardwood, Tile |
Levels, Entrance, & Accessibility Levels: One and One HalfFloors: Hardwood, Tile |
View Has a ViewView: Trees/Woods, Neighborhood |
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Exterior Home Features Roof: MetalPatio / Porch: Deck, PorchFencing: PrivacyFoundation: Concrete PerimeterHas a Private Pool |
Parking & Garage No CarportHas a GarageNo Attached GarageHas Open ParkingParking: Detached Garage,Driveway |
Pool Pool: Above GroundPool |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1350 Square Feet |
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Year Built Year Built: 1929 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Craftsman |
Building Construction Materials: Vinyl SidingNot a New Construction |
Property Information Parcel Number: B0100009003 |
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Price List Price: $199,999 |
Status Change & Dates Off Market Date: Mon Apr 01 2024Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: BereaCommunity: Downtown |
School Information Elementary School: Berea CommunityJr High / Middle School: Berea CommunityHigh School: Berea CommunityHigh School District: Berea Independent |
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Building Area Building Area: 1350 Square Feet |
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Community Features: Park, Tennis Court(s), Pool |
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Lot Area: 0.43 acres |
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BasementMls Number: 24005881Above Grade Unfinished Area: 1350 |
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ParkTennis Court(s)Pool |
Last check for updates: about 19 hours ago
Listed by Jessica Smith, (859) 582-8834
Bluegrass Properties Group
Bought with: Jamie Karr, (606) 308-4232, Premier Properties of Lake Cumberland, Inc.
Source: Imagine MLS, MLS#24005881

Price History for 503 Prospect St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/07/2024 | $205,000 | Sold | Imagine MLS #24005881 |
| 04/01/2024 | $199,999 | Pending | Imagine MLS #24005881 |
| 03/29/2024 | $199,999 | Listed For Sale | Imagine MLS #24005881 |
| 03/05/2013 | $72,800 | Sold | Imagine MLS #1221115 |
| 12/17/2012 | $74,900 | Listed For Sale | Agent Provided |
| 05/09/2007 | $108,100 | Sold | N/A |
Market trends in Berea
Last updated June 2026
Avg. sale price
$261K
$7.5KMoM
Sale-to-List Price
99.0%
0.1%MoM
Price per sq ft
$159
$4MoM
Available listings
125
2MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $1,318 |
| Assessment | $112,000 |
Home facts updated by county records
Comparable Sales for 503 Prospect St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $175,000 | 05/06/26 | 3 | 1 | 1,163 | |
0.18 | Single-Family Home | $154,000 | 10/10/25 | 2 | 1 | 960 | |
0.14 | Single-Family Home | $170,000 | 08/22/25 | 3 | 1 | 1,181 | |
0.44 | Single-Family Home | $195,000 | 04/14/26 | 2 | 1 | 879 | |
0.09 | Single-Family Home | $255,000 | 04/15/26 | 4 | 2 | 1,805 | |
0.14 | Single-Family Home | $230,000 | 05/29/26 | 4 | 2 | 2,896 | |
0.20 | Single-Family Home | $300,000 | 05/28/26 | 4 | 2 | 2,141 | |
0.51 | Single-Family Home | $175,000 | 06/22/26 | 2 | 2 | 823 | |
0.61 | Single-Family Home | $250,000 | 01/23/26 | 3 | 1 | 1,736 | |
0.32 | Single-Family Home | $275,000 | 12/05/25 | 4 | 2 | 2,340 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 503 Prospect St.
What Locals Say about Berea
At least 113 Trulia users voted on each feature.
87 % Say car is needed
87 % Say parking is easy
80 % Say it's dog friendly
79 % Say yards are well-kept
72 % Say there's holiday spirit
71 % Say kids play outside
64 % Say streets are well-lit
64 % Say there are sidewalks
61 % Say people would walk alone at night
56 % Say it's quiet
55 % Say neighbors are friendly
55 % Say there's wildlife
41 % Say they plan to stay for at least 5 years
38 % Say it's walkable to restaurants
32 % Say it's walkable to grocery stores
24 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Off Market Homes Near 503 Prospect St

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