505 W Main St # 201, Lexington, KY 40507

2 beds2 baths1,811 sqft

For Sale
$349,900
Zestimate®: $142,578
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My Notes

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The 505 on Main consists of 17 elegant new downtown loft condos. Come and join the energy of downtown living at its finest. High end finishes include granite counters, wood flooring, sleek wood cabinetry, floor to ceiling windows, large private balconies, high ceilings and contemporary lighting and plumbing fixtures. Located in the heart of it all on Main St. Steps away from Rupp Arena, Victorian Square Shops, Triangle Park, The Lexington Opera House and a fast growing list of amazing restaurants and night life. This corner unit has awesome views of Triangle Park fountains and the downtown skyline. Well designed floor plan with lots of glass has a huge open kitchen, living and dining space with amazing views, office, large master suite with walk in closet and balcony overlooking Main St. This is the only new downtown project that will be ready for purchase and move in during 2014. Don't hesitate...you will miss your opportunity. Brokered And Advertised By: LRC Lexington's Real Estate Co Listing Agent: Joy Lynn Moore  More Less 

Facts

  • Condo
  • 405 days on Zillow
  • Last sold: Oct 2011 for $2,742,555
  • Price/sqft: $193
  • MLS #: 1323668

Construction

  • Structure type: Contemporary

Other

  • Floor size: 1,811 sqft
  • Parcel #: 38238030
  • Zillow Home ID: 113436681

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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$142,578
-$3,547 Last 30 days
$135K
$150K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,103/mo
-$6 Last 30 days
$816
$1.5K
Zestimate range
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Comparable Homes

Homes like this sold for $90-246K.

$70K
$260K

Popularity on Zillow

776 views since listing
788 all-time (chart)
4 shoppers saved
this home to their list of favorites

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Neighborhood

Market guide

Zillow predicts Central Downtown home values will increase 4.9% next year, compared to a 2% rise for Lexington as a whole. Among Central Downtown homes, this home is 94.1% more expensive than the midpoint (median) home, and is priced 4.9% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Central Downtown, the number of foreclosures waiting to be sold is 75.3% less than in Lexington, and 95.6% less than the national average. This lower local number could help Central Downtown home values rise more quickly than other regions in Lexington.

Learn more about forecast calculations or Central Downtown home values.
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    For Sale

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    Rentals

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    Other Units in this Building (17)ZestimateBedsBathsSqft
    # 401$144K221,811
    # 402$123K221,382
    # 403$123K221,396
    # 404$128K221,498
    # 101$115K------
    # 304$130K221,498
    # 501$153K------
    # 502$132K------
    # 503$136K------
    # 504$139K------
    # 103$115K------
    # 202$115K221,238
    # 203$124K221,396
    # 204$129K221,498
    # 301$144K221,811
    # 302$123K221,382
    # 303$124K221,396

    Nearby Schools in Lexington

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org