837 Melrose Ave, Lexington, KY 40502

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837 Melrose Ave Lexington, KY 40502

2 beds2 baths1,219 sqft

Off Market
Zestimate®: $224,865
Rent Zestimate®: $916/mo
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My Notes

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Great opportunity in desirable Hollywood! Adorable 1.5 story home on large deep lot with plenty of room for an addition. Beautifully updated kitchen and baths, 9' ceilings, hardwood flooring. New roof and gutters, new outdoor lighting, 200 amp electric service, new interior paint. Beautiful 2'' custom wooden plantation shutters, convenient mud/utility room, basement for storage. Great covered front porch, large private fenced backyard with deck for entertaining. Walk to everything...University of Kentucky, Chevy Chase shops & restaurants, Cassidy & Morton Schools. This home is in UK's Employee Assisted Living Program Live Where You Work''. A forgivable loan of up to $15,000 for down payment & closing costs may be available. See uky.edu/HR/EAHP for more details.<br/><br/>Brokered And Advertised By: Turf Town Properties<br/>Listing Agent: Myra S. Wathen  More Less 

Facts

  • Lot: 7,623 sqft
  • Single Family
  • Built in 1924
  • Cooling: Central
  • Heating: Other
  • Last sold: May 2011 for $215,000

Features

  • Fireplace
  • Partial basement

    Construction

    • Exterior material: Other
    • # Stories: 1.6

    Other

    • Floor size: 1,219 sqft
    • Parcel #: 11746000
    • Zillow Home ID: 77510721

    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

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    $224,865
    -$27 Last 30 days
    $214K
    $236K
    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
    $916/mo
    +$233 Last 30 days
    $687
    $1.1K
    Zestimate range
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    Neighborhood

    Market guide

    Zillow predicts Mount Vernon-Hollywood-Montclair home values will rise 5% next year, compared to a 1.8% increase for Lexington as a whole. Among Mount Vernon-Hollywood-Montclair homes, this home is valued 8.5% more than the midpoint (median) home, and is valued 2.2% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In the Mount Vernon-Hollywood-Montclair market, the number of foreclosures waiting to be sold fell 8.3% in the last year. The number of unsold foreclosures is 71.8% less than in Lexington, and 95% less than the national average. This lower local number could help Mount Vernon-Hollywood-Montclair home values rise more quickly than other regions in Lexington.

    Learn more about forecast calculations or Mount Vernon-Hollywood-Montclair home values.
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      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

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