Quaint home perfect for new home buyer or investment opportunity. Close to shopping and restaurants. Property has beautiful secluded backyard and patio. As per owner, 'updates include gutters, windows, and doors replaced. HVAC and appliances were replaced in 2011.
Single-familyProperty Type
1952Year Built
9,100 sq ftLot Size
$241Est. Price/Sq.Ft.
Listed by JAMES SMITH• eXp Realty, LLC
Bought with Colby Davis• ERA Select Real Estate
Source:ImagineMLS #1619551
Redfin Estimate
$342,577
$19K since sold in October 2023$1,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 7.9% lower than the average sale price ($372K) of 6 comparable homes.
Quaint home perfect for new home buyer or investment opportunity. Close to shopping and restaurants. Property has beautiful secluded backyard and patio. As per owner, 'updates include gutters, windows, and doors replaced. HVAC and appliances were replaced in 2011.
ImagineMLS #2012158
Jan 15, 2001
Sold
$82,500
$58/sq ft
Dec 12, 2000
Listing Removed
—
Dec 4, 2000
Listed
$84,000
$59/sq ft
Year
Property tax
Land + Additions
Assessment*
2015
$1,546 (+1.8%)
2014
$1,519
Tax history for 513 Reed Ln
Year
Property tax
Land + Additions
Assessment*
2015
$1,546 (+1.8%)
2014
$1,519
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-1C
Single-Family Residential Zone
The intent of this zone is to provide for low density, single family detached residences and supporting uses. This zone should be located in areas of the community where services and facilities are/will be adequate to serve the anticipated population. This zone should be established in accordance with the Goals, Objectives, Policies, and Development Criteria of the Comprehensive Plan.
Permitted uses
Include but are not limited to:
Housing-Single unit
Park & open space
Property details
Interior
Bathroom Information
# of Full Baths: 2
# of Bathroom Fixtures: 9
Heating & Cooling
Air Conditioning Type: Central
Heating Fuel Type: Gas
Heating Type: Hot Air
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Exterior
Exterior Information
Exterior Wall: Brick
Building Type: Single Family
Property Information
Subdivision Name: CHATHAM VILLAGE UNIT 4
Living Sq. Ft: 1,422
Building Sq. Ft: 1,422
# of Stories: 1
Legal Description: LOT 9 UNIT 4 CHATHAM VILLAGE
Lot Information
# of Buildings: 1
Land Sq. Ft: 9,100
Legal Lot Number: 9
Acres: 0.2089
Zoning Code: R-1C
County Use Description: R - SINGLE FAMILY DWELLING, PL
Financial
Assessor Information
Assessment Year: 2023
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,422
Stories: 1.0
Lot Size: 9,100 square feet
Style: Single Family Residential
Year Built: 1952
Year Renovated: —
County: Fayette County
APN: 23949000
Home facts updated by county records on Aug 7, 2026
Around this home
Schools
Picadome Elementary School
Public PreK-5 • Assigned • 0.3mi
5/10
Morton Middle School
Public 6-8 • Assigned • 2.1mi
7/10
Lafayette High School
Public 9-12 • Assigned • 0.2mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 101° expected this year, 19 days in 30 years
2/10 Wind Factor
2% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Lexington, KY • 40503
Average low and high temperatures (°F)
37
20
47
28
65
41
72
50
74
55
85
65
89
71
85
66
81
61
70
49
57
41
46
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.2 hours in
June and 3.2 hours in December, placing it below the
U.S. average for solar exposure.
8.2 hrs
3.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$326,000 – $394,000
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