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344 Madison Place

344 Madison Place, Lexington, KY 40508
344 Madison Place has been categorized by the local assessors in Lexington, KY as a type of property. The building on the property was first built in 1888 and is 138 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 250 stories. In addition, 344 Madison Place has 3,415 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a that is 640 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 7,902 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a . Love to swim? You'll be excited to find out that there is a on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with control joints. The exterior walls of the building are made of . The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing and being fueled with . There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 344 Madison Place was last sold in Sep 1, 2022 for $550,000. According to our calculations, that's $161.05 per sqft. Prior to that sales transaction, the property was sold for $550,000 in Sep 1, 2022. Current property owners are expected to pay $680,130 in taxes per year. The property on 344 Madison Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $550,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Wood Exterior
Wood Siding

Parking

Off Street Parking

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220816
08/16/2022
3 Bed
3 Bath
2942 ft²
$575,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2942 ft²
$550,000 -4.35%
09/01/2022
Brandon L Hedinger
Keller Williams Bluegrass Realty
20200501
05/01/2020
4 Bed
3 Bath
2917 ft²
$485,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
2917 ft²
-
-
-


Building Info

Overview

    General

  • Year Built: 1888
  • Effective Year Built: 1888
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 250
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 640
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,902
  • Lot Size Frontage Feet: 513
  • Total Building Area: 3,415
  • Building Area: 3,415
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,415
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODWARD HEIGHTS NO 1
  • Land Acres: 0000000181
  • Standard Land Use Code: 1001
  • County Land Use Code: 510
  • Legal Description 1: 1-007 WOODWARD HEIGHTS LOT; BOOK: 2153 PAGE: 659

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 000102

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: MB:3
  • Parcel: 12780100
  • Lot: 11
  • Latitude: 38.0493
  • Longitude: -84.5072

    Address

  • Full Address: 344 Madison Pl
  • Address - House Number: 344
  • Address - Street Name: Madison
  • Address - Suffix Type: Pl
  • State: KY
  • City Name: Lexington
  • Carrier Code: C019
  • 4-Digit Zip Code: 2516
  • Zip Code: 40508

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $680,130
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2216
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 69
  • Final Value: 560,498
  • High Value: 684,729
  • Low Value: 436,267

    Market Valuation

  • Market Total Value: $550,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $550,000

    Sales

  • Current Sale Contract Date: Sep 01, 2022
  • Current Sale Recording Date: Sep 12, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 70
  • Previous Sale Recording Date: Sep 01, 2022
  • Previous Sale Contract Date: Sep 01, 2022
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Woodward Heights



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 344 Madison Place located in?
The 344 Madison Place is a house located in the neighborhood of Woodward Heights in Woodward Heights, Lexington.
What is the average sales price for listings in 344 Madison Place?
The average sales price for units in 344 Madison Place is $579,500 , or $197/sqft. currently.