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535 S Upper St #116, Lexington, KY, 40507

1beds
1baths
1,014sqft
$349,900
$345price/sqft
$2,374/moest. monthly cost
$94,960/yrincome needed

About This Home

Wonderfully maintained 1-bedroom, 1-bath condo in the highly sought-after Centercourt Condominiums, ideally positioned as a first-floor corner unit with direct access to green space. This light-filled home features an open-concept layout with a spacious kitchen offering granite countertops, stainless steel appliances, tiled backsplash, and a large island flowing into the living area. The bedroom includes a walk-in closet equipped with stackable washer and dryer, and the full bath features a double vanity and tiled shower. One designated parking space included, plus this unit's location offers easy access to additional residential and guest parking directly outside the gate along Cedar Street through LexPark. Secure building with controlled entry, cameras, and on-site management. HOA covers water, sewer, trash, exterior maintenance, snow removal, and building insurance. Enjoy exceptional walkability to University of Kentucky, Rupp Arena, downtown, hospitals, dining, and entertainment.

Getting Around

93
WalkingWalker's Paradise
0
TransitVery Limited Transit
86
BikeVery Bikeable

Schools

5/10
5/10
10/10
Lafayette High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 2007

Materials

  • Foundation: Slab
  • Construction materials: Brick Veneer,HardiPlank Type

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

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

Bathroom1

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Bonus Room

  • Level: First

Features

  • Breakfast Bar,Walk-In Closet(s),Ceiling Fan(s)
  • Flooring: Tile
  • Finished area below ground: 0
  • Finished area above ground: 1,014

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 1,014
  • Total interior livable area: 1,014 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 38206970

Features

  • Levels: One
  • Has view: Yes
  • View description: Neighborhood

Parking

  • Total spaces: 2
  • Parking features: Attached Garage,Off Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 1

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

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Lightning
Strong Wind
Winter Weather
Hail
Heat Wave
Inland Flooding
Ice Storm

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 $1,769$21,228
Home Insurance *$85$1,020
Property Taxes $366$4,392
Electricity $154$1,850
Total$2,374$28,488
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$81,394/yr
40% on housing$71,220/yr
45% on housing$63,306/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

$345This listing

vs Other Active Listings

Avg $/sqft

ZIP 40507$250
Fayette County$246

vs Homes Sold Last Month

Median $/sqft

ZIP 40507$359
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
2026-04-29Price change$359,900
2024-06-06Listed for sale$220,000
2020-03-17Sold$180,000
2020-02-21Pending sale$186,000
2020-01-30Listed for sale$186,000
2016-11-04Sold$175,000
2016-08-11Pending sale$187,000
2016-07-06Listed for sale$187,000
2016-06-04Pending sale$187,000
2016-02-15Listed for sale$187,000
2012-07-06Sold$195,000
2012-04-14Listed for sale$214,900

For Sale by Agent

AgentLana B Stephens
BrokerageThe Local Agents

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