Very nice ranch home in desirable area, near Southland Drive, close to the hospitals and UK campus. Formal living and dining room, and an additional room that is currently used as a den but may also be a bedroom. There is carpet over hardwood floors through most of the home, leave it down if you wish or pull it up to let hardwood shine. Nice fenced backyard, and a large detached two car garage. This home has been well cared for by the current owners. Must see the home to appreciate the opportunity to own a home for this price, in this area, that is in move in ready condition.
Single-familyProperty Type
1952Year Built
9,100 sq ftLot Size
$219Est. Price/Sq.Ft.
2 car garageParking
Listed by Tyrone Brown• Neighborhood Realty Bluegrass
Bought with Gwenda Mathews• Bluegrass Sotheby's International Realty
Source:ImagineMLS #911655
Redfin Estimate
$342,254
$187K since sold in August 2016$3,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 11.3% lower than the average sale price ($386K) of 6 comparable homes.
Very nice ranch home in desirable area, near Southland Drive, close to the hospitals and UK campus. Formal living and dining room, and an additional room that is currently used as a den but may also be a bedroom. There is carpet over hardwood floors through most of the home, leave it down if you wish or pull it up to let hardwood shine. Nice fenced backyard, and a large detached two car garage. This home has been well cared for by the current owners. Must see the home to appreciate the opportunity to own a home for this price, in this area, that is in move in ready condition.
ImagineMLS #900251
Jun 5, 2009
Listing Removed
—
Jan 5, 2009
Listed
$149,900
$96/sq ft
ImagineMLS #817345
Jan 6, 2009
Listing Removed
—
Aug 29, 2008
Listed
$164,900
$105/sq ft
Year
Property tax
Land + Additions
Assessment*
2015
$1,629 (+1.8%)
2014
$1,600
Tax history for 521 Reed Ln
Year
Property tax
Land + Additions
Assessment*
2015
$1,629 (+1.8%)
2014
$1,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
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
Jun 26, 2017 • Final
Hvac replacement
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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
Fireplace Type: Prefab
Has Fireplace
Exterior
Exterior Information
Exterior Wall: Brick
Building Type: Single Family
Property Information
Subdivision Name: CHATHAM VILLAGE UNIT 4
Living Sq. Ft: 1,565
Building Sq. Ft: 1,565
# of Stories: 1
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 500
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 9,100
Acres: 0.2089
Zoning Code: R-1C
County Use Description: R - SINGLE FAMILY DWELLING, PL
Financial
Assessor Information
Assessment Year: 2023
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,565
Stories: 1.0
Lot Size: 9,100 square feet
Style: Single Family Residential
Year Built: 1952
Year Renovated: —
County: Fayette County
APN: 20331000
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
84
65
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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