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Sold for $625,000
  • $625,000

    723 Melrose Ave, Lexington, KY 40502

    4beds
    2,794sqft
    Single Family Residence
    Built in 1927
    6,298 Square Feet Lot
    $636,100 Zestimate®
    $224/sqft
    $2,755 Estimated rent

    Home value

    $636,100

    $592,000 - $687,000

    $2,755/mo

    Zestimate® history
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    What's special

    Wonderful kitchenAbundance of cabinet spaceZoned hvac systemsInviting covered front porchExposed brick wallRecessed lightingBeautiful hardwood floors
    Charming 4 bedroom, 2.5 bath Craftsman bungalow located in the heart of Hollywood neighborhood meticulously updated throughout with numerous features and amenities including beautiful hardwood floors, insulated windows, New shingle Roof (5/2024), zoned HVAC systems, wonderful Kitchen w/stainless appliances, granite tops, exposed brick wall and abundance of cabinet space, recessed lighting, and sunroom. Attractive floorplan with inviting covered front porch, living room, dining room, home office, Kitchen, 2 sunrooms, bedroom & half bath on main level with 3 bedrooms and 2 full baths on second level. unfinished (cellar) basement, oversized detached 2 car garage. Convenient to Chevy Chase, University of Kentucky, Downtown and more! Don't miss this special opportunity.

    Zillow last checked:

    Listing updated:

    Listed by:

    J. Richard Queen 859-221-3616,

    Turf Town Properties

    Bought with:

    Jared D Shoemaker, 285048

    Keller Williams Legacy Group

    Source: Imagine MLS,MLS#: 25019150MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Second
    Bedroom 1
    • Level: First
    Bedroom 3
    • Level: Second
    Bedroom 4
    • Level: Second
    Bathroom 1
    • Level: Second
    Bathroom 2
    • Level: Second
    Bonus room
    • Level: First
    Bonus room
    • Level: First
    Dining room
    • Level: First
    Family room
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Utility room
    • Level: Second
    Heating
    • Forced Air, Other
    Cooling
    • Electric, Other, Zoned
    Appliances
    • Included: Dryer, Dishwasher, Microwave, Refrigerator, Washer, Range
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Eat-in Kitchen, Ceiling Fan(s)
    • Flooring: Hardwood, Other, Tile
    • Doors: Storm Door(s)
    • Windows: Insulated Windows, Blinds
    • Basement: Crawl Space
    • Number of fireplaces: 2
    • Fireplace features: Living Room, Masonry, Master Bedroom
    Interior area
    • Total structure area: 2,794
    • Total interior livable area: 2,794 sqft
    • Finished area above ground: 2,794
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Driveway, Garage Door Opener, Off Street, Garage Faces Front
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One and One Half
    • Fencing: Wood
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 6,298 Square Feet
    Details
    • Parcel number: 10943130

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod
    • Property subtype: Single Family Residence
    Materials
    • Brick Veneer, Other, Vinyl Siding
    • Foundation: Block
    • Roof: Dimensional Style,Shingle
    Condition
    • New construction: No
    • Year built: 1927

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Hollywood
    HOA
    • Has HOA: No
    Location
    • Region: Lexington

    Financial & listing details

    • Price per square foot: $224/sqft
    • Tax assessed value: $550,000
    • Annual tax amount: $6,801
    • Date on market: 8/28/2025

    Price history

    DateEventPrice
    12/29/2025Sold$625,000-3.7%$224/sqft
    Source: Imagine MLS #25019150 Report a problem
    12/15/2025Pending sale$649,000$232/sqft
    Source: Imagine MLS #25019150 Report a problem
    11/26/2025Contingent$649,000$232/sqft
    Source: Imagine MLS #25019150 Report a problem
    9/30/2025Price change$649,000-5.9%$232/sqft
    Source: Imagine MLS #25019150 Report a problem
    8/28/2025Listed for sale$690,000+25.5%$247/sqft
    Source: Imagine MLS #25019150 Report a problem
    12/30/2021Sold$550,000-1.8%$197/sqft
    Source: Imagine MLS #20125439 Report a problem
    12/5/2021Pending sale$560,000$200/sqft
    Source: Imagine MLS #20125439 Report a problem
    11/30/2021Price change$560,000-3.4%$200/sqft
    Source: Imagine MLS #20125439 Report a problem
    11/11/2021Price change$580,000-2.5%$208/sqft
    Source: Imagine MLS #20118395 Report a problem
    10/16/2021Price change$595,000-0.7%$213/sqft
    Source: Imagine MLS #20118395 Report a problem
    9/27/2021Price change$599,000-4.9%$214/sqft
    Source: Imagine MLS #20118395 Report a problem
    9/14/2021Price change$630,000-1.6%$225/sqft
    Source: Imagine MLS #20118395 Report a problem
    8/27/2021Listed for sale$640,000+16.4%$229/sqft
    Source: Imagine MLS #20118395 Report a problem
    8/23/2020Listing removed$550,000$197/sqft
    Source: Colwell Realty Professionals #20014929 Report a problem
    8/9/2020Price change$550,000-1.8%$197/sqft
    Source: Colwell Realty Professionals #20014929 Report a problem
    7/23/2020Price change$560,000+2.8%$200/sqft
    Source: Colwell Realty Professionals #20014929 Report a problem
    7/4/2020Price change$545,000-2.7%$195/sqft
    Source: Owner Report a problem
    6/1/2020Listed for sale$559,995+187.2%$200/sqft
    Source: Owner Report a problem
    11/16/2009Sold$195,000-13.3%$70/sqft
    Source: Public Record Report a problem
    5/30/2009Price change$224,900-10%$80/sqft
    Source: RE/MAX Creative Realty East #908088 Report a problem
    4/28/2009Listed for sale$249,900$89/sqft
    Source: RE/MAX Creative Realty East #908088 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,801 $550,000
    2023$6,801 -3.2%$550,000
    2022$7,026 +52.5%$550,000 +52.5%
    2021$4,608 $360,700
    2020$4,608 $360,700
    2019$4,608 +24.4%$360,700 +24.4%
    2018$3,704 +4.9%$290,000
    2017$3,530 +61.8%$290,000
    2015$2,182 $290,000 +48.7%
    2014$2,182 $195,000
    2012$2,182 $195,000
    2011-- --
    2010-- --
    2009-- --
    2008-- $210,000
    2006-- --
    2005-- --
    2004-- --
    Find assessor info on the county website

    Neighborhood: Mount Vernon-Hollywood-Montclair

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cassidy
    • Middle: Morton
    • High: Henry Clay

    Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $636,100
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    With Zillow Showcase(estimated)
    $648,822