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Sold for $574,900
  • $574,900

    541 Elm Tree Ln, Lexington, KY 40508

    4beds
    2,711sqft
    Single Family Residence
    Built in 1900
    4,456.19 Square Feet Lot
    $590,500 Zestimate®
    $212/sqft
    $3,763 Estimated rent

    Home value

    $590,500

    $555,000 - $626,000

    $3,763/mo

    Zestimate® history
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    $3,763/mo

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    $2,833/mo

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    $2,833/mo

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    What's special

    Downtown Stunner! Walk directly into the heart of this home full of light and WoW! Bianco Carrara backsplash, quartz counters with island waterfall, farmhouse sink and all new appliances in the kitchen. First floor includes 1 of 2 primary suites with walk in closet and ensuite bath. Dining area has a modern accent wall. Stylish powder room and large laundry complete the first floor. Upstairs you'll find 2 delightful bedrooms and guest bathroom with custom-built cabinetry. 2nd Primary bedroom option has a 2 person shower and dressing area. Hardwood floors, exposed brick and decorative fireplaces honor the character of the early 1900's. The immaculate cellar is a bonus for storage or more. Outside you will find an oversized deck and concrete pad in the right-sized backyard. This home is bursting with potential for investment, enjoyment and community! Schedule your personal tour today!

    Zillow last checked: 7 hours ago

    Listing updated: August 28, 2025 at 11:30am

    Listed by:

    Raquel E Carter 859-421-8984,

    Guide Realty, Inc.

    Bought with:

    Chancellor D Scott, 221140

    Guide Realty, Inc.

    Source: Imagine MLS,MLS#: 23006590MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: First
    Bedroom 1
    • Level: Second
    Bedroom 2
    • Level: Second
    Bathroom 1
    • Description: Full Bath
    • Level: First
    Bathroom 2
    • Description: Full Bath
    • Level: Second
    Bathroom 3
    • Description: Full Bath
    • Level: Second
    Bathroom 4
    • Description: Half Bath
    • Level: First
    Dining room
    • Level: First
    Dining room
    • Level: First
    Foyer
    • Level: First
    Foyer
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Living room
    • Level: First
    Utility room
    • Level: First
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Electric
    Appliances
    • Included: Disposal, Dishwasher, Gas Range, Microwave, Refrigerator
    • Laundry: Main Level, Washer Hookup
    Features
    • Breakfast Bar, Entrance Foyer, Master Downstairs, Walk-In Closet(s), Ceiling Fan(s)
    • Flooring: Hardwood, Tile
    • Basement: Crawl Space,Sump Pump
    • Has fireplace: No
    Interior area
    • Total structure area: 2,711
    • Total interior livable area: 2,711 sqft
    • Finished area above ground: 2,711
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway, Off Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Patio & porch: Deck, Porch
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 4,456 sqft
    Details
    • Parcel number: 10147900

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stone, Solid Masonry
    • Foundation: Block, Stone
    • Roof: Dimensional Style,Shingle
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Lexington
    • Subdivision: Downtown

    Price history

    DateEventPrice
    7/28/2023Sold$574,900$212/sqft
    Source: Imagine MLS #23006590 Report a problem
    6/8/2023Contingent$574,900$212/sqft
    Source: Imagine MLS #23006590 Report a problem
    5/17/2023Price change$574,900-2.5%$212/sqft
    Source: Imagine MLS #23006590 Report a problem
    5/9/2023Price change$589,500-0.8%$217/sqft
    Source: Imagine MLS #23006590 Report a problem
    4/14/2023Listed for sale$594,500-2.5%$219/sqft
    Source: Imagine MLS #23006590 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$5,261 +194.2%$425,400 +203.9%
    2022$1,788 +86.7%$140,000 +86.7%
    2021$958 +110.1%$75,000

    Find assessor info on the county website

    Neighborhood: Duncan Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: William Wells Brown
    • Middle: Lexington Trad
    • High: Frederick Douglass

    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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    Sell for more on Zillow
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    $590,500
    2% more
    +$11,810
    With Zillow Showcase(estimated)
    $602,310