503 East 3rd Street

503 East 3rd Street in Lexington, KY was first built in 1938 and is 86 years old. This has been categorized as a commercial property type. It is a single story home. In total, the area measurement of the land is 7,532 square feet.

Learn more about the property and building on this page. For those who need parking, there is a parking lot. There are a total of 12 available parking spaces. The exterior walls of the home are made of concrete block. Walk into the home itself and you'll find that it is currently being cooled with a window/unit air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Feb 2, 2022 for $455,000. That's $53.45 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $270,000. 503 East 3rd Street was last assessed in 2023. The total value of the property was assessed at $384,900. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,760. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!