Seller's Agent in 2024
Melanie Peterson
Biederman Real Estate
(561) 870-6587
1 in this area
46 Total Sales
1040 Cane Run Rd Georgetown, KY 40324
Paynes Depot Neighborhood
111
Acres
$31,532
Price per Acre
4,835,160
Sq Ft Lot
Highlights
- 111 Acre Lot
- Contemporary Architecture
- Great Room
- Views of a Farm
- Wood Flooring
- Home Office
About This Lot
As of November 2024Rare opportunity to acquire 111 acres of beautiful bluegrass heritage on historic Iron Works Road and Cane Run Road in Scott County. The tree lined drive as you enter this peaceful farm sets the tone for the quiet beauty that awaits ahead. Nestled next to the great Glencrest Farm, the house has gorgeous views of green pastures and blue skies.The nicely appointed estate home boasts 4 bedrooms and 3.5 baths, a 3 car garage, and 360 views of the farm through the many windows that offer sunlight throughout the day.The nearby rubber paved centre aisle barn has 7 stalls with ann 8th stall outside in the equipment shed for use as a quarantine or stallion stall. All fields and pastures have been double seeded, all painted oak fencing is 1-3 years old and most fields have auto waterers. Four entrances to the farm, one on Iron Works Road, and three on Cane Run Road offer many options for traffic flow in and around the farm.
Last Agent to Sell the Property
Biederman Real Estate License #220523 Listed on: 09/06/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,644
Year Built
- Built in 1993
Lot Details
- 111 Acre Lot
- Plank Fence
- Fenced
- Level Lot
- Property is zoned AR
Parking
- Garage
Home Design
- Contemporary Architecture
Interior Spaces
- 4,300 Sq Ft Home
- 2-Story Property
- Fireplace
- Entrance Foyer
- Great Room
- Family Room
- Living Room
- Dining Room
- Home Office
- Utility Room
- Views of a Farm
- Basement
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
Schools
- Not Applicable Middle School
Farming
- Horse or Livestock Barn
- Equipment Barn
Utilities
- Forced Air Zoned Heating and Cooling System
- Hot Water Heating System
- The pond is a source of water for the property
- Well
- Septic Tank
Community Details
- Rural Subdivision
Listing and Financial Details
- Assessor Parcel Number 08820003000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 6, 2024
Closed on
Nov 7, 2024
Sold by
Rancho Morera Llc
Bought by
Barnone Funding Llc
Seller's Agent
Melanie Peterson
Biederman Real Estate
Buyer's Agent
Jennifer Fields
In House Real Estate
List Price
$3,950,000
Sold Price
$3,500,000
Premium/Discount to List
-$450,000
-11.39%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,262
Avg. Annual Appreciation
2.38%
Purchase Details
Closed on
Mar 30, 2021
Sold by
Glencrest Farm Llc
Bought by
Rancho Morera Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $3,500,000 | Bluegrass Land Title | |
| Deed | $3,500,000 | Bluegrass Land Title | |
| Deed | $218,478 | Bluegrass Land Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $124,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/07/2024 11/07/24 | Sold | $3,500,000 | -4.1% | $814 / Sq Ft |
| 10/22/2024 10/22/24 | Pending | -- | -- | -- |
| 10/09/2024 10/09/24 | Off Market | $3,650,000 | -- | -- |
| 10/01/2024 10/01/24 | Price Changed | $3,650,000 | -7.6% | $849 / Sq Ft |
| 09/06/2024 09/06/24 | For Sale | $3,950,000 | +251.1% | $919 / Sq Ft |
| 10/26/2020 10/26/20 | Sold | $1,125,000 | 0.0% | $262 / Sq Ft |
| 10/02/2020 10/02/20 | Pending | -- | -- | -- |
| 09/30/2020 09/30/20 | Off Market | $1,125,000 | -- | -- |
| 02/03/2020 02/03/20 | For Sale | $1,295,000 | -- | $301 / Sq Ft |
Source: ImagineMLS (Bluegrass REALTORS®)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,644 | $843,000 | $0 | $0 |
| 2023 | $5,691 | $627,619 | $9,619 | $618,000 |
| 2022 | $5,324 | $626,148 | $8,148 | $618,000 |
| 2021 | $5,316 | $606,148 | $561,748 | $44,400 |
| 2020 | $6,041 | $742,379 | $7,379 | $735,000 |
| 2019 | $2,872 | $440,779 | $0 | $0 |
| 2018 | $2,870 | $368,374 | $0 | $0 |
| 2017 | $2,884 | $368,374 | $0 | $0 |
| 2016 | $2,652 | $366,304 | $0 | $0 |
| 2015 | $2,636 | $329,404 | $0 | $0 |
| 2014 | $2,524 | $330,305 | $0 | $0 |
| 2011 | $2,490 | $342,443 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Melanie Peterson
-
Jennifer Fields
J
Buyer's Agent in 2024
Jennifer Fields
In House Real Estate
(859) 396-9403
1 in this area
73 Total Sales
-
Shelley Paterson
Buyer Co-Listing Agent in 2024
Shelley Paterson
In House Real Estate
(859) 806-0921
1 in this area
234 Total Sales
-
Bill Justice
Seller's Agent in 2020
Bill Justice
Justice Real Estate
(859) 255-3657
3 in this area
71 Total Sales
-
Michael Hatter
M
Buyer's Agent in 2020
Michael Hatter
Keller Williams Greater Lex
(859) 721-2121
1 in this area
31 Total Sales
Map
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 24018809
APN: 088-20-003.000
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