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307 Fairmeade Rd, Saint Matthews, KY, 40207

3beds
2baths
2,620sqft
$399,000
$152price/sqft
$2,773/moest. monthly cost
$110,920/yrincome needed

About This Home

Nestled in the heart of the highly desirable St. Matthews area! This charming home offers incredible potential for buyers looking to add their personal touch. The home has great bones and ready for a fresh vision to make it shine. A functional layout with 3 bedrooms, 2 full baths, a corner fireplace separates the living room and dining room with a laundry room all on the first floor. The basement has a entertainment area, built in bar and pool table to remain. If you are a buyer looking for a home with location location and location take the opportunity to transform this hidden gem into something truly special.

Getting Around

66
WalkingSomewhat Walkable
0
TransitVery Limited Transit
54
BikeBikeable

Schools

7/10
4/10
Westport Middle SchoolGrades 6-82.7 mi
1/10
Waggener High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1980

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Wood Frame,Brick Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bedroom

  • Level: First

Bedroom

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Area

  • Level: First

Family Room

  • Level: Basement

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 900
  • Finished area above ground: 1,720

Full Bathroom

  • Level: First

Great Room

  • Level: First

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,720
  • Total interior livable area: 2,620 sqft

Kitchen

  • Level: First

Laundry

  • Level: First

Primary Bathroom

  • Level: First

Primary Bedroom

  • Level: First

Property

Details

  • Parcel number: 22197500300000

Features

  • Stories: 1
  • Patio & porch: Deck
  • Fencing: Full,Chain Link

Lot

  • Lot size: 9,147 sqft
  • Features: Sidewalk,Level

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Tornado
Cold Wave
Earthquake
Heat Wave
Winter Weather

FEMA Declared Disasters Across Kentucky Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
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 $2,017$24,204
Home Insurance *$173$2,076
Property Taxes $377$4,524
Electricity $206$2,482
Total$2,773$33,276
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$95,074/yr
40% on housing$83,190/yr
45% on housing$73,946/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: 6.3%
6.3%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$152This listing

vs Other Active Listings

Avg $/sqft

ZIP 40207$199
Jefferson County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 40207$204
Jefferson County$160

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)

Price History

DateEventPrice
2026-08-08Price change$390,000
2026-06-28Price change$399,000
2026-05-28Listed for sale$410,000
2016-10-04Sold$232,000
2013-02-22Sold$205,500
2012-11-13Price change$219,000
2012-10-23Listed for sale$225,000

For Sale by Agent

AgentKarla B Wright
BrokerageG. Starks Realty Co.

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