NOT LISTED FOR SALE

1063 Old Railroad Grade Rd Lancaster, KY 40444

Estimated Value: $468,000 - $596,000

3 Beds
2 Baths
1,526 Sq Ft
$347/Sq Ft Est. Value

Last Sold May 08, 2023

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

Est. 31% increase in value since last sale

Current estimated payment $3,329/month

2 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • 2 Car Detached Garage
  • Wood Flooring
  • Home Office
  • Fireplace

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

In House Real Estate License #289284

In House Real Estate

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 Detached Garage

Property Views

  • Woods
  • Rural

Home Design

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

Interior Spaces

  • 1.5-Story Property
  • Fireplace
  • Blinds
  • Home Office
  • 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
  • Not Applicable Middle School
  • Garrard Co High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 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
  • ResoPropertyType: Residential
  • Basement: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: 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: Partial, Concrete
  • Basement: Yes
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Lot Size Area: 8.23
  • Window Features: Blinds
  • Basement:Concrete: Yes
  • Fireplace Features:Fireplace YN: 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
  • Window Features:Blinds: Yes
  • Construction Materials:Log2: Yes

Garage/Parking

  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Garage Features:Garage YN: Yes
  • Garage Features:Garage Spaces: 2.0
  • Garage Features:Detached: Yes

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

Condo/Co-op/Association

  • Association: No

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
  • ResoLotSizeUnits: Acres

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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

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23004200

ImagineMLS (Bluegrass REALTORS®)

APN: 51-05.02