NOT LISTED FOR SALE

1236 Paynes Depot Rd Georgetown, KY 40324

South Scott County Neighborhood

Estimated Value: $570,000 - $649,822

7.35 Acres
$82,375 Price per Acre
320,166 Sq Ft Lot

Last Sold March 01, 2023

Last sale price $525,000 $138 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,594/month

60 Days on Market

About This Lot

As of March 2023

Rare opportunity to own potential development land in Scott County or a farm close to town. Over 7 acres ideally located. The large farmhouse is in need of renovation if you choose to keep it, but it has great bones and character. The land is adjoined by two other subdivisions which makes it a prime candidate for development. The home is being sold as-is. Showing instructions in agent remarks.

Last Agent to Sell the Property

Thomas Harper

Tom Harper and Associates License #246019 Listed on: 10/27/2022

Last Buyer's Agent

Connie Tackett

Tackett Real Estate, LLC License #195165

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,721

Lot Details

  • 7.35

Additional Features

  • 7.35 Acre Lot
  • Agricultural

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 140-40-008.000

Property Details

Property Type

Land

Est. Annual Taxes

$4,721

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub-Type: Agriculture
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Size Area: 7.35

Exterior Features

  • List Price: 550000.0

Lot Info

  • Current Use: Other
  • Lot Size Acres: 7.35
  • Lot Size Sq Ft: 319948.0
  • Parcel Number: 140-40-008.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Feb 27, 2023
Sold by
Tmh Construction Limited Liability Compa
Bought by
Paynes Depot Partners Llc
Seller's Agent
Thomas Harper
Tom Harper and Associates
Buyer's Agent
Connie Tackett
Tackett Real Estate, LLC
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Views
147
Current Estimated Value
$605,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,456
Avg. Annual Appreciation
5.61%
Original Mortgage
$393,750
Outstanding Balance
$212,380
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$393,076

Purchase Details

Listed on
Oct 27, 2022
Closed on
Jan 25, 2023
Sold by
Carroway Carolyn
Bought by
Tmh Construction Limited Liability Company
Seller's Agent
Thomas Harper
Tom Harper and Associates
Buyer's Agent
Connie Tackett
Tackett Real Estate, LLC
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Views
147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Outstanding Balance
$212,380
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$393,076

Purchase Details

Closed on
Jan 20, 2006
Sold by
Hutchins Peter M
Bought by
Hutchins Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
2%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Paynes Depot Partners Llc $525,000 --
Tmh Construction Limited Liability Company $461,000 --
Tmh Construction Llc $461,000 None Listed On Document
Hutchins Shirley -- Pinnacle Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paynes Depot Partners Llc $393,750
Previous Owner Hutchins Shirley $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2023 03/01/23 Sold $525,000 -4.5% $138 / Sq Ft
12/27/2022 12/27/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $550,000 -- $144 / 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 $4,721 $525,000 $0 $0
2023 $2,727 $300,800 $140,000 $160,800
2022 $2,213 $300,800 $140,000 $160,800
2021 $2,192 $273,200 $120,000 $153,200
2020 $1,925 $263,400 $120,000 $143,400
2019 $1,923 $259,600 $0 $0
2018 $1,927 $259,600 $0 $0
2017 $1,902 $255,752 $0 $0
2016 $1,772 $257,000 $0 $0
2015 $1,761 $220,100 $0 $0
2014 $1,832 $221,000 $0 $0
2011 $175 $282,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Harper

    Seller's Agent in 2023

    Thomas Harper

    Tom Harper and Associates

    (859) 314-2724

    1 in this area

    70 Total Sales

    Thomas Harper
    Section Image

  • C

    Buyer's Agent in 2023

    Connie Tackett

    Tackett Real Estate, LLC

    (859) 533-9066

    6 in this area

    40 Total Sales

    Connie Tackett
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22023704

ImagineMLS (Bluegrass REALTORS®)

APN: 140-40-008.000

Kentucky Scott County Georgetown 40324 South Scott County

1236 Paynes Depot Rd, Georgetown, KY

This home is located at 1236 Paynes Depot Rd, Georgetown, KY 40324 since 27 October 2022 and is currently estimated at $605,456, approximately $158 per square foot. 1236 Paynes Depot Rd is a home located in Scott County with nearby schools including Southern Elementary School, Creekside Elementary School, and Georgetown Middle 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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