NOT LISTED FOR SALE

1221 Bel Mar Ln Lexington, KY 40515

Coletown Neighborhood

Estimated Value: $1,300,441 - $1,420,000

5 Beds
4.5 Baths
-- Sq Ft
10.82 Acres

Last Sold March 25, 2019

Last sale price $800,000

Est. 71% increase in value since last sale

Current estimated payment $8,185/month

311 Days on Market

Highlights

  • 10.82 Acre Lot
  • Wood Burning Stove
  • Fireplace
  • Squires Elementary School Rated A-
  • Wood Flooring
  • Cooling Available

About This Home

As of March 2019

Come discover this beautiful home situated on 10 + acres in the desirable Bel Mar Estates. This private subdivision is located right off Tates Creek Rd. and is just minutes from Man O War Blvd. The home was custom built and features 4,946 SF of finished living area and a massive 3,091 SF unfinished basement. Other features include all brick, two stories, 5 bedrooms, 4 1/2 baths, large open den, 1st floor master suite, hardwood floors, 3 fireplaces and dual staircases. Exterior features include a large, 3 car attached garage, a 5 stall Amish built barn with water in the barn and outside in the pasture - ideal for waterers. Four board plank fencing surround the custom landscaping, mature trees and a spring-fed creek. You will also enjoy preferred access to the Punchestown Stable and their award winning trainers.

Last Agent to Sell the Property

Mike Morrison

Justice Real Estate Listed on: 04/07/2018

Last Buyer's Agent

Tisha Monte

The Brokerage License #196449

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,511

Year Built

  • Built in 2002

Lot Details

  • 10.82 Acre Lot
  • Fenced
  • Property is zoned AR

Parking

  • Garage

Home Design

  • Farm

Interior Spaces

  • Fireplace
  • Wood Burning Stove
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Septic Tank

Community Details

  • Bel Mar Subdivision

Listing and Financial Details

  • Assessor Parcel Number 19346540

Property Details

Property Type

Other

Est. Annual Taxes

$10,511

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Sub-Type: Farm
  • Year Built: 2002
  • Levels: Two
  • New Construction: No
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Water Source:Public: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Interior Amenities: Entrance Foyer
  • Flooring: Carpet, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Basement: Yes
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Lot Size Area: 10.82
  • Possible Use: Residential, Horses
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Fencing: Plank
  • List Price: 899000.0
  • Lot Features: Gentle Sloping

Garage/Parking

  • Garage: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Electric, Forced Air, Heat Pump, Wood Stove
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Phone Available, Water Connected
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Wood Stove: Yes

Lot Info

  • Topography: Gentle Sloping
  • Current Use: Horses
  • Horse Amenities: Barn
  • Lot Size Acres: 10.82
  • Lot Size Sq Ft: 471319.63
  • Parcel Number: 19346540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2018
Closed on
Mar 26, 2019
Sold by
Day Katherian Noland and Noland Kenneth L
Bought by
Potter David and Potter Mary Anne
Seller's Agent
Mike Morrison
Justice Real Estate
Buyer's Agent
Tisha Monte
The Brokerage
List Price
$800,000
Sold Price
$800,000
Current Estimated Value
$1,371,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$571,860
Avg. Annual Appreciation
8.68%
Original Mortgage
$200,000
Outstanding Balance
$176,897
Interest Rate
4.4%
Mortgage Type
Unknown
Estimated Equity
$1,194,963

Purchase Details

Closed on
Oct 11, 2017
Sold by
Day Katherian Noland Exc and Noland Omer
Bought by
Day Katherian Noland and Noland Kenneth L

Purchase Details

Closed on
Jan 1, 2017
Sold by
Noland Omer Estate
Bought by
Noland Omer and Noland Dorothy M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Potter David $800,000 --
Day Katherian Noland $772,600 --
Noland Omer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day Katherian Noland $200,000
Open Day Katherian Noland $484,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2019 03/25/19 Sold $800,000 0.0% --
02/11/2019 02/11/19 Pending -- -- --
04/06/2018 04/06/18 For Sale $800,000 -- --
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 $10,511 $983,600 $0 $0
2023 $10,511 $983,600 $0 $0
2022 $8,833 $800,000 $0 $0
2021 $8,833 $800,000 $0 $0
2020 $8,833 $800,000 $0 $0
2019 $8,530 $772,600 $0 $0
2018 $8,530 $772,600 $0 $0
2017 $8,067 $772,600 $0 $0
2015 $4,960 $558,500 $0 $0
2014 $4,960 $522,500 $0 $0
2012 $4,960 $772,600 $221,000 $551,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Mike Morrison

    Justice Real Estate

  • T

    Buyer's Agent in 2019

    Tisha Monte

    The Brokerage

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1806853

ImagineMLS (Bluegrass REALTORS®)

APN: 19346540

Kentucky Fayette County Lexington 40515 Coletown

1221 Bel Mar Ln, Lexington, KY

This home is located at 1221 Bel Mar Ln, Lexington, KY 40515 since 07 April 2018 and is currently estimated at $1,371,860. This property was built in 2002. 1221 Bel Mar Ln is a home located in Fayette County with nearby schools including Squires Elementary School, Edythe Jones Hayes Middle School, and Henry Clay 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.

Nearby Homes