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1080 Armstrong Mill Rd APT A, Lexington, KY, 40517

2beds
2baths
977sqft
$164,900
$169price/sqft
$1,245/moest. monthly cost
$49,800/yrincome needed

About This Home

Welcome home to this stylish, move-in-ready condo designed for total convenience! Stepping inside, you'll love the seamless LVP flooring running throughout the home, offering both durability and sleek modern style. The updated kitchen is a true standout, featuring brand-new appliances (installed Feb 2026) and plenty of counter space for all your culinary needs. Unwind in the spacious living area or step through the new sliding glass door (installed April 2026) to enjoy your outdoor space. All-Inclusive Utility Perks: The HOA fee covers your gas, water, and trash—making monthly budgeting a breeze! In-Unit Laundry: Washer and dryer are included with the home! Perfectly suited for first-time buyers, downsizers, or anyone looking for hassle-free condo living in Lexington. Schedule your showing today!

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

4/10
4/10
3/10
Tates Creek High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1971

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Disposal,Dishwasher,Gas Range,Microwave,Refrigerator,Washer
  • Laundry features: Electric Dryer Hookup,Main Level,Washer Hookup

Bathroom1

  • Level: First

Bathroom1

  • Level: First

Bathroom2

  • Level: First

Bedrooms & Bathrooms

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

Features

  • Walk-In Closet(s)
  • Window features: Blinds
  • Finished area below ground: 0
  • Finished area above ground: 977

Heating & Cooling

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

Interior Area

  • Total structure area: 977
  • Total interior livable area: 977 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 13864455

Features

  • Levels: One

Lot

  • Lot size: 958.32 sqft
  • Features: Few Trees

Parking

  • Parking features: Off Street

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

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Tornado
Winter Weather
Inland Flooding
Strong Wind

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 $833$9,996
Home Insurance *$78$936
Property Taxes $180$2,160
Electricity $154$1,850
Total$1,245$14,940
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$42,685/yr
40% on housing$37,350/yr
45% on housing$33,200/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: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$169This listing

vs Other Active Listings

Avg $/sqft

ZIP 40517$139
Fayette County$246

vs Homes Sold Last Month

Median $/sqft

ZIP 40517$188
Fayette County$186

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
2026-07-31Listed for sale$164,900
2026-02-24Sold$150,000
2026-01-25Contingent$159,000
2025-12-02Listed for sale$159,000
2024-08-10Listing removed--
2024-08-09Listed for rent$1,150
2024-03-15Listing removed--
2024-03-09Price change$1,200
2024-02-29Price change$1,300
2024-02-28Price change$1,200
2024-02-25Price change$1,300
2024-02-22Price change$1,200
2024-02-03Price change$1,300
2024-01-30Listed for rent$1,195
2024-01-22Sold$137,000
2024-01-22Pending sale$144,900
2023-12-18Contingent$144,900
2023-12-08Price change$144,900
2022-11-25Listing removed--
2022-11-21Price change$1,200
2022-11-14Price change$1,250
2022-11-09Price change$1,300
2022-10-28Price change$1,250
2022-10-18Listed for rent$1,300
2022-06-19Pending sale$119,900
2018-05-11Sold$69,500
2014-02-14Sold$82,000
2006-10-12Sold$70,000
2002-07-30Sold$62,000

For Sale by Agent

AgentJason K Hayes
BrokerageThreshold Real Estate Services

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