NOT LISTED FOR SALE

1063 Old Railroad Grade Rd Lancaster, KY 40444

Estimated Value: $469,000 - $562,206

3 Beds
2 Baths
1,526 Sq Ft
$349/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $405,000 $265 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,243/month

2 Days on Market

Highlights

  • Rural View
  • Home Office
  • Cooling Available
  • Wood Flooring
  • Fireplace
  • 2 Car Garage

About This Home

As of May 2023

Gorgeous Log Cabin situated on 8 Acres of Serenity. This property is ready for a new owner! Shingle Roof, Log Construction, Farm Plank Fencing, Double Driveway Entrance, what else do you want? The home has a 2 car detached garage, unfinished partial basement & potential for a 3rd bedroom as bonus. This home is classified as a 1.5 story, with an open loft area. HVAC is heat pump, primary is on the first floor, kitchen is open concept & has a fireplace insert. Laundry is on the first floor, bonus.

Last Agent to Sell the Property

D Tanner Good

Black Tie Real Estate Services, Inc. License #246374 Listed on: 03/09/2023

Last Buyer's Agent

Crystal Gail Smith

Keller Williams Bluegrass Realty License #289284

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,310

Year Built

  • Built in 2003

Lot Details

  • 8.23 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Cabin
  • Metal Roof
  • Log Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,526 Sq Ft Home
  • Fireplace
  • Blinds
  • Home Office
  • Rural Views
  • Partial Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Paint Lick Elementary School
  • Garrard Co Middle School
  • Garrard Co High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • Rural Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,310

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Structure Type: Cabin
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 1526.0
  • Levels: One and One Half
  • New Construction: No
  • Foundation Details:Concrete Perimeter: Yes
  • Flooring:Tile2: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • View:Rural: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Flooring: Tile, Vinyl, Wood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Concrete, Partial
  • Basement: Yes
  • Total Bedrooms: 3
  • Fireplace: Yes
  • LivingArea: 1526.0
  • Lot Size Area: 8.23
  • Window Features: Blinds
  • Basement:Concrete: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Metal
  • Construction Materials: Log
  • Foundation Details: Concrete Perimeter
  • List Price: 399900.0
  • View: Rural, Trees/Woods
  • View YN: Yes
  • Waterfront: No
  • Window Features:Blinds: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached Garage

Utilities

  • Sewer: Septic Tank
  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Paint Lick
  • High School: Garrard Co
  • Middle or Junior School: Garrard Co

Lot Info

  • Lot Size Acres: 8.23
  • Lot Size Sq Ft: 358499.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Parmley Gilford M $175,000
Closed Fain Mark Jacob $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $405,000 +1.3% $265 / Sq Ft
03/12/2023 03/12/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $399,900 -- $262 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History Compared to Growth

Source: Public Records

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 $4,310 $405,000 $80,000 $325,000
2023 $1,959 $179,000 $25,000 $154,000
2022 $1,977 $179,000 $25,000 $154,000
2021 $2,018 $179,000 $25,000 $154,000
2020 $1,517 $135,000 $20,000 $115,000
2019 $1,524 $135,000 $20,000 $115,000
2018 $1,523 $135,000 $20,000 $115,000
2017 $1,519 $135,000 $20,000 $115,000
2016 $1,491 $135,000 $20,000 $115,000
2012 $1,454 $135,000 $20,000 $115,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    D Tanner Good

    Black Tie Real Estate Services, Inc.

  • C

    Buyer's Agent in 2023

    Crystal Gail Smith

    Keller Williams Bluegrass Realty

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23004200

ImagineMLS (Bluegrass REALTORS®)

APN: 51-05.02

Kentucky Garrard County Lancaster 40444

1063 Old Railroad Grade Rd, Lancaster, KY

This home is located at 1063 Old Railroad Grade Rd, Lancaster, KY 40444 since 09 March 2023 and is currently estimated at $533,302, approximately $349 per square foot. This property was built in 2003. 1063 Old Railroad Grade Rd is a home located in Garrard County with nearby schools including Garrard County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

ImagineMLS (Bluegrass REALTORS®) The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 LBAR Multiple Listing Service. All Rights Reserved.

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