503 Prospect St, Berea, KY 40403
Property image
Property image
OFF MARKET

$223,600

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,350 sqft (on 0.43 acres)

503 Prospect St, Berea, KY 40403

Est. Refi. Payment $1,411/mo*
Refinance Your Home
Currently Off Market - Sold May 7, 2024 for $205,000

Home Value

Trulia Estimate
$224K
Since last month
Decreased$2K (-0.7%)
Since last year
Increased$800 (+0.4%)
Since last sale
Increased$19K (+9.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +125% in the last 10 years
MonthEstimated value
2026
August 2026$224K
August 2026$224K
July 2026$225K
June 2026$225K
May 2026$226K
April 2026$224K
March 2026$225K
February 2026$223K
January 2026$221K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
606 Prospect St, Berea, KY
0.08
Single-Family Home
$175,000
05/06/26
3
1
1,163
40 Crawford St, Berea, KY
0.18
Single-Family Home
$154,000
10/10/25
2
1
960
106 Elm St, Berea, KY
0.44
Single-Family Home
$195,000
04/14/26
2
1
879
79 Central Ave, Berea, KY
0.19
Single-Family Home
$176,000
08/03/26
2
1
936
109 Herndon St, Berea, KY
0.09
Single-Family Home
$255,000
04/15/26
4
2
1,805
109 Bridge Ave #109, Berea, KY
0.14
Single-Family Home
$230,000
05/29/26
4
2
2,896
305 Jackson St, Berea, KY
0.20
Single-Family Home
$300,000
05/28/26
4
2
2,141
975 Big Hill Rd, Berea, KY
0.51
Single-Family Home
$175,000
06/22/26
2
2
823
152 Ridge Ave, Berea, KY
0.61
Single-Family Home
$250,000
01/23/26
3
1
1,736
105 Lorraine Ct, Berea, KY
0.55
Single-Family Home
$193,000
07/31/26
3
1
1,278

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
407 Prospect St, Berea, KY 40403
0.04
$273,800
4
2
2,045
Off Market
403 Prospect St, Berea, KY 40403
0.07
$225,000
3
2
1,782
Off Market
507 Prospect St, Berea, KY 40403
0.02
$275,500
3
2
1,721
Off Market
109 Herndon St, Berea, KY 40403
0.09
$255,000
4
2
1,805
Recently Sold
102 Lake St, Berea, KY 40403
0.08
$166,800
3
2
1,300
Off Market
101 Bluebird Ave, Berea, KY 40403
0.06
$210,800
3
1
1,170
Off Market
104 Dinsmore St, Berea, KY 40403
0.06
$159,800
2
1
720
Off Market
110 Dinsmore St, Berea, KY 40403
0.07
$225,000
3
1.5
1,328
For Sale
102 Crescent Dr, Berea, KY 40403
0.12
$120,000
4
2
2,028
Recently Sold
605 Prospect St, Berea, KY 40403
0.06
$260,000
3
2
1,700
Off Market
205 Dinsmore St, Berea, KY 40403
0.10
$179,900
3
1.5
1,046
For Sale

Local Information

  • Map ViewExplore the area around 503 Prospect St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1929
0.43 acre lot
1,350 sqft
$166/sqft
Garage

About this House

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). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $223,600, with a rent estimate of $1,060/month.
Last check for updates: about 3 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

Home Details for 503 Prospect St

Interior Features

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

Exterior Features

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

Property Information

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

Price & Status

Price
List Price: $199,999
Status Change & Dates
Off Market Date: Mon Apr 01 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: BereaCommunity: Downtown
School Information
Elementary School: Berea CommunityJr High / Middle School: Berea CommunityHigh School: Berea CommunityHigh School District: Berea Independent

Building

Building Area
Building Area: 1350 Square Feet

Community

Community Features: Park, Tennis Court(s), Pool

Lot Information

Lot Area: 0.43 acres

Miscellaneous

BasementMls Number: 24005881Above Grade Unfinished Area: 1350

Additional Information

ParkTennis Court(s)Pool

Price and Tax history

DateEventPrice
May 7, 2024
Source: Imagine MLS #24005881
Sold
$205,000
Apr 1, 2024
Source: Imagine MLS #24005881
Pending
$199,999
Mar 29, 2024
Source: Imagine MLS #24005881
Listed For Sale
$199,999
Mar 5, 2013
Source: Imagine MLS #1221115
Sold
$72,800
Dec 17, 2012
Source: Agent Provided
Listed For Sale
$74,900

Market trends in Berea

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$264K
$3KMoM
Sale-to-List Price
—
Price per sq ft
$153
$6MoM
Available listings
129
3MoM

Around this home

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.
  • Johnathanroe96
    "It’s a quick and easy commute to almost every major road way in any direction. Theres plenty of food options and things as well "
    0
    Flag
  • Jpsmlee
    "Many of my neighbors own dogs. I see them walk their dogs every day. I am pleased to find dogs are welcome in my neighborhood."
    0
    Flag
  • Jpsmlee
    "I have lived in this neighborhood for 35 years and have enjoyed the friendship and support from my neighbors in the community. "
    0
    Flag
  • Mistydawn B.
    "This is a very unique town one would like to think they choose to live here, but really the town picks you. It’s a place to call home once your desire to settle happens. It’s a very magical place."
    3
    Flag
  • Natalie.mcquiston
    "Great neighborhood. Friendly and plenty of kids to run around and play with. The backyard creek makes it peaceful! "
    1
    Flag
  • Aleisha.baird
    "I am not familiar with any community events. Some of the churches probably offer things we aren’t familiar with. "
    5
    Flag
  • Doug King
    "I have lived here for two and a half years. Great location. Close to everything. The people are great"
    1
    Flag
  • Andrew P.
    "I've lived here all my life in Madison county and Berea Ky for the last seven years don't want to live no where else . it's a Homie little town "
    7
    Flag
  • Reneetodd0701
    "We live in this neighborhood because it is a good location for our camper, dogs and cats. We would like to live in a country setting by a farm. "
    4
    Flag
  • Donnapratt69 4. c.
    "I have lived here for 3 years It's a nice quiet and peaceful area. Neighbors are friendly and look out for each other"
    0
    Flag
  • Jgwhite74
    "dogs can run pretty freely here. We're on a farm and the other homes also have dogs and the local leash law doesn't apply to the farm. keep them away from the highway though. "
    0
    Flag
  • Jpowell399
    "Berea is like Mayberry, but with some crime. So there are plenty to do in Richmond. Not that much here in Berea. "
    0
    Flag
  • Rachael F.
    "Very nice rental neighborhood. With a variety of rental duplex’s, apartments and houses. Very family friendly neighborhood. "
    0
    Flag

LGBTQ Local Legal Protections

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Frequently asked questions about 503 Prospect St

  • What is 503 Prospect St estimated to be worth?
    Trulia's estimated value for 503 Prospect St in Berea, KY is $223,600.
  • What is the price history for 503 Prospect St?
    503 Prospect St in Berea, KY last sold for $205,000 in May 2024.
  • Is Berea a buyer's or seller's market?
    Berea is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Berea?
    The median sale price in Berea is $264K. That is up $3K from the prior month.
  • Does 503 Prospect St have air conditioning?
    Yes, 503 Prospect St in Berea, KY has air conditioning.
  • Does 503 Prospect St have a pool?
    Yes, 503 Prospect St in Berea, KY has a pool.

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