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772 Colonial Trce, Frankfort, KY, 40601

4beds
3baths
2,550sqft
$321,900
$126price/sqft
$2,323/moest. monthly cost
$92,920/yrincome needed

About This Home

This move in ready 4BR/3BA home is packed with charm, comfort, and spaces designed for gathering. The main floor offers three bedrooms and two baths, along with a welcoming living area that feels instantly like home. Downstairs, the finished walk out basement provides a private retreat with its own bedroom, bathroom, and extended living space—perfect for extended family living, guests, teens, or a quiet getaway. Enjoy summers in the heated above ground pool, unwind on the large deck, roast marshmallows around the fire pit, or relax bug free in the screened in porch. The oversized concrete driveway offers plenty of parking, and the 16×20 powered utility building gives you space for tools, storage, or weekend projects. Upstairs washer and dryer offer convenience to primary bedrooms. Electric fireplace in primary level living room and a ventless natural gas fireplace in the basement offer comfort, warmth, and a cozy environment for relaxation. Successful transaction will include a home warranty that will extend until July 2027. A home that's ready for you from day one—and ready to enjoy all year long. Agent owned and listed property

Getting Around

23
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

4/10
5/10
Elkhorn Middle SchoolGrades 6-81.2 mi
5/10

Construction

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Brick Veneer,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Microwave,Refrigerator,Washer,Oven
  • Laundry features: Electric Dryer Hookup,Washer Hookup,Upper Level

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished,Walk-Up Access

Bathroom1

  • Level: First

Bathroom2

  • Level: First

Bathroom3

  • Level: Lower

Bedroom2

  • Level: First

Bedroom3

  • Level: First

Bedroom4

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Family Room

  • Level: Lower

Features

  • Entrance Foyer,Ceiling Fan(s)
  • Door features: Storm Door(s)
  • Window features: Insulated Windows,Blinds,Screens
  • Flooring: Ceramic Tile,Tile
  • Number of fireplaces: 2
  • Fireplace features: Basement,Electric,Gas Log,Living Room,Ventless
  • Fireplace: Yes
  • Finished area below ground: 1,050
  • Finished area above ground: 1,500

Heating & Cooling

  • Heating features: Heat Pump,Natural Gas,Dual Fuel
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 2,550
  • Total interior livable area: 2,550 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Property

Accessibility

  • Accessibility features: Accessible Bedroom,Accessible Common Area,Accessible Doors,Accessible Entrance,Accessible Full Bath

Details

  • Parcel number: 0743001022.00

Features

  • Levels: Multi/Split
  • Private pool: Yes
  • Pool features: Above Ground
  • Exterior features: Fire Pit,Outdoor Grill,Other
  • Fencing: Chain Link,Privacy
  • Has view: Yes
  • View description: Trees/Woods,Neighborhood

Lot

  • Lot size: 0.30 Acres

Parking

  • Total spaces: 1
  • Parking features: Basement,Driveway,Garage Door Opener,Off Street,Garage Faces Rear
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Inland Flooding
Lightning
Winter Weather

FEMA Declared Disasters Across Kentucky Counties

Flood
Hurricane
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,627$19,524
Home Insurance *$179$2,148
Property Taxes $316$3,792
Electricity $201$2,416
Total$2,323$27,876
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$79,645/yr
40% on housing$69,690/yr
45% on housing$61,946/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$126This listing

vs Other Active Listings

Avg $/sqft

ZIP 40601$140
Franklin County$142

vs Homes Sold Last Month

Median $/sqft

ZIP 40601$153
Franklin County$144

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-08Pending sale$321,900
2026-08-02Price change$321,900
2026-07-20Listed for sale$324,900
2007-08-01Sold$142,000

For Sale by Agent

AgentDavid B Dooley
BrokerageCENTURY 21 Simpson & Associates

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