NOT LISTED FOR SALE

1400 & N Limestone Lexington, KY 40505

North Limestone Neighborhood

Estimated Value: $281,000

0.57 Acre
$492,982 Price per Acre
24,829 Sq Ft Lot

Last Sold December 07, 2023

Last sale price $280,000

Current estimated payment $1,572/month

13 Days on Market

About This Lot

As of December 2023

Two commercial lots being sold together (1400 & 1404 N Limestone). Unique vacant lots that are currently zoned B-1 (Neighborhood Business). This property has a ton of potential and possible uses. Only a half mile from Greyline Station and about a quarter mile from New Circle. It also has a residential home on the back of the property that is in the middle of a renovation and would be a great owner occupant or rental property. Buyer to complete renovation. The roof looks newer, manufacturing date on HVAC is 4/2020, home contains some of the items needed to complete the renovation. The house has 2 bedrooms and 1 full bath. Property is being sold as-is with everything staying on the property

Last Agent to Sell the Property

Philip Wood

Keller Williams Bluegrass Realty License #220816 Listed on: 10/18/2023

Keller Williams Bluegrass Realty

Last Buyer's Agent

Vanessa Vale Womack

Keller Williams Bluegrass Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,228

Lot Details

  • 0.57 Acre Lot
  • Zoning described as B-1 (Neighborhood Business)

Community Details

  • Highlawn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46385700

Property Details

Property Type

Land

Est. Annual Taxes

$1,228

Lot Details

0

Listing Details

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

Interior Features

  • Lot Size Area: 0.57

Exterior Features

  • List Price: 325000.0

Lot Info

  • Lot Size Acres: 0.57
  • Lot Size Sq Ft: 24834.0
  • Parcel Number: 46385700
  • Zoning Description: B-1 (Neighborhood Business)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2025
Sold by
William Matthew Sutton 2020 Kentucky Irr and Sara Elisabeth Sutton 2020 Kentucky Irre
Bought by
Spendthrift Farm Llc
Current Estimated Value
$281,000

Purchase Details

Listed on
Oct 18, 2023
Closed on
Dec 7, 2023
Sold by
Estepp James S and Estepp Katie
Bought by
Limestone Blue Llc
Seller's Agent
Philip Wood
Keller Williams Bluegrass Realty
Buyer's Agent
Vanessa Vale Womack
Keller Williams Bluegrass Realty
List Price
$325,000
Sold Price
$280,000
Premium/Discount to List
-$45,000
-13.85%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.19%
Original Mortgage
$210,000
Interest Rate
7.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 26, 2020
Sold by
Sutton Kermit S and Sutton Jenny W
Bought by
William Matthew Sutton 2020 Kentucky Irrevoca and Sutton

Purchase Details

Closed on
Aug 24, 2009
Sold by
Leach Chester and Leach Joan
Bought by
Estepp James and Estepp Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
5.19%
Mortgage Type
Commercial
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
Spendthrift Farm Llc $4,500,000 None Listed On Document
Limestone Blue Llc $280,000 Land Group Title
Limestone Blue Llc $280,000 Land Group Title
William Matthew Sutton 2020 Kentucky Irrevoca $3,123,700 None Listed On Document
Sutton Kermit S $3,123,700 None Listed On Document
Estepp James $62,000 --
Leach Chester $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Limestone Blue Llc $210,000
Previous Owner Leach Chester $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2023 12/07/23 Sold $280,000 -13.8% --
11/01/2023 11/01/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $325,000 -- --
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 $1,228 $100,000 $0 $0
2023 $307 $25,000 $0 $0
2022 $317 $25,000 $0 $0
2021 $317 $25,000 $0 $0
2020 $317 $25,000 $0 $0
2019 $317 $25,000 $0 $0
2018 $317 $25,000 $0 $0
2017 $302 $25,000 $0 $0
2015 $1,332 $120,000 $0 $0
2014 $1,332 $120,000 $0 $0
2012 $1,332 $120,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Philip Wood

    Seller's Agent in 2023

    Philip Wood

    Keller Williams Bluegrass Realty

    (859) 940-5017

    1 in this area

    126 Total Sales

    Philip Wood
    Section Image

  • V

    Buyer's Agent in 2023

    Vanessa Vale Womack

    Keller Williams Bluegrass Realty

  • V

    Buyer Co-Listing Agent in 2023

    Vanessa Vale Team - Vanessa Vale Womack

    Keller Williams Bluegrass Realty

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23020228

ImagineMLS (Bluegrass REALTORS®)

APN: 46385700

Kentucky Fayette County Lexington 40505 North Limestone

1400 & N Limestone, Lexington, KY

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