NOT LISTED FOR SALE

1510 Cummins Ferry Rd Salvisa, KY 40372

Estimated Value: $590,549

86.93 Acres
$6,793 Price per Acre
3,786,671 Sq Ft Lot

Last Sold September 23, 2022

Last sale price $475,000

Est. 24% increase in value since last sale

Current estimated payment $3,537/month

126 Days on Market

About This Lot

As of September 2022

PRICE REDUCED $100,000 TO ONLY $549,900!!! --- Here is 86.93 acres (+/-) of gentle rolling land in the gorgeous countryside of Salvisa, Kentucky! This farm has it all... including being only 40 minutes from Lexington or Frankfort and just 25 minutes from Danville. There are hay and pasture fields, crop land, woodland that is great for hunting, and places to build! That's right... you just found the perfect spot to build your dream home. Utilities are readily available as there is a water and electric meter already in place and you have the option to build on some road frontage or far back from the road on a grassy knoll that will have the most scenic views in all of Mercer County. This operable farm is fenced throughout and also has a large pond, a 46X84 metal hay barn, 2 silos, a cattle handling facility, and mineral feeder.

Last Agent to Sell the Property

Charles Lancaster

The Lancaster Agency Inc Listed on: 05/16/2022

Last Buyer's Agent

Non-Member Agent

Non-Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,018

Lot Details

  • 86.93

Additional Features

  • 86.93 Acre Lot
  • Barn

Property Details

Property Type

Land

Est. Annual Taxes

$5,018

Lot Details

0

Listing Details

  • HamletID: 0
  • LandRentAmount: 0
  • Lot Size Acres: 86.93
  • Number Of Stories: 0
  • OutbuildingBarn: Yes
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Salvisa
  • Prop. Type: Vacant Land
  • Renovation Year: 0
  • SForSaleAndRForRental: S
  • USStateAbbreviation: KY
  • WaterSourceType: Municipal
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Fireplaces: 0
  • AboveArea Sq Ft: 0

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Condo/Co-op/Association

  • Units in Building: 0

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 0
  • Total Taxes: 0

Tax Info

  • Tax Year: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Sep 23, 2022
Sold by
Dean James Allen and Dean Susie R
Bought by
Shetler Emanuel J and Shetler Laura J
Seller's Agent
Charles Lancaster
The Lancaster Agency Inc
Buyer's Agent
Non-Member Agent
Non-Member Office
List Price
$649,900
Sold Price
$475,000
Premium/Discount to List
-$174,900
-26.91%
Views
13
Current Estimated Value
$590,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,549
Avg. Annual Appreciation
7.11%

Purchase Details

Closed on
Apr 20, 2006
Sold by
Bybee Food Mart Inc
Bought by
Dean James Allen and Dean Susie R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shetler Emanuel J $475,000 None Listed On Document
Dean James Allen $280,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2022 09/23/22 Sold $475,000 0.0% --
09/21/2022 09/21/22 Off Market $475,000 -- --
08/19/2022 08/19/22 Price Changed $549,900 -15.4% --
05/16/2022 05/16/22 For Sale $649,900 -- --
Source: My State MLS

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 $5,018 $419,888 $25,888 $394,000
2023 $493 $40,888 $0 $0
2022 $439 $37,137 $0 $0
2021 $442 $37,137 $0 $0
2020 $440 $37,137 $25,888 $11,249
2019 $446 $37,137 $25,888 $11,249
2018 $436 $37,137 $0 $0
2017 $422 $37,137 $0 $0
2016 $515 $46,255 $0 $0
2015 $501 $46,255 $20,017 $26,238
2014 $501 $46,255 $20,017 $26,238
2010 -- $46,255 $20,017 $26,238
Source: Public Records

Agents Affiliated with this Home

  • Charles Lancaster

    Seller's Agent in 2022

    Charles Lancaster

    The Lancaster Agency Inc

    (270) 692-7270

    311 Total Sales

    Charles Lancaster
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Map

Source: My State MLS

MLS Number: 11076830

APN: 063.00-00008.00

Kentucky Mercer County Salvisa 40372

1510 Cummins Ferry Rd, Salvisa, KY

Not Listed for Sale

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