NOT LISTED FOR SALE

1515 Redd Rd Unit 1549 Lexington, KY 40510

Elk Chester Neighborhood

Estimated Value: $940,000

40 Acres
$23,779 Price per Acre
1,721,927 Sq Ft Lot

Last Sold August 08, 2014

Last sale price $800,000 $190 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,503/month

265 Days on Market

Highlights

  • In Ground Pool
  • 39.53 Acre Lot
  • Home Office
  • Meadowthorpe Elementary School Rated A
  • Wood Flooring
  • Fireplace

About This Lot

As of August 2014

Fantastic Fayette County location - 39.53 total acres in two tracts. Parcel A has 10.36 acres and features the 4220 square foot main house, inground pool and beautiful tree-lined drive to the main house. Parcel B has 29.17 acres with a 13 stall horse barn, tenant house, run in shed and numerous paddocks. The paddocks have waterers and the plank fencing is in good condition. This farm offers gorgeous views and is within 15 minutes of downtown Lexington with close proximity to Keeneland and the Old Frankfort Pike corridor.

Last Agent to Sell the Property

Becky Reinhold

Bluegrass Sotheby's International Realty License #181330 Listed on: 10/19/2013

Bluegrass Sotheby's International Realty

Last Buyer's Agent

Susan Napier

Rector Hayden Realtors License #207555

Rector Hayden Realtors

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,271

Year Built

  • Built in 1965

Lot Details

  • 39.53 Acre Lot
  • Plank Fence
  • Fenced
  • Level Lot
  • Property is zoned AR

Parking

  • Garage

Interior Spaces

  • 4,220 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Utility Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Spring water is a source of water for the property
  • Septic Tank

Additional Features

  • Horse or Livestock Barn
  • Run-In Shed

Listing and Financial Details

  • Assessor Parcel Number 24818155

Community Details

Overview

  • Rural Subdivision

Recreation

  • In Ground Pool

Property Details

Property Type

Land

Est. Annual Taxes

$4,271

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Land - Farm/Land
  • Property Sub-Type: Farm
  • Year Built: 1965
  • Levels: Two
  • New Construction: No
  • Contract Info:On Market Date: 2013-10-18
  • General Property Description:Lot Size Acres: 39.53
  • General Property Description:Above Grade Finished Area: 4220.0
  • Utilities:Electricity2: Electricity Connected
  • Water: Water Available
  • Stories:Two2: Yes
  • General Property Description:Approximate Living Area: 4220.0
  • Topography:Level: Yes
  • Topography:Gently Rolling: Yes
  • General Property Description:Half Baths: 1
  • Kitchen Level: First
  • Primary Bedroom Level: Second
  • Bathroom 1 Level: First
  • Bedroom 1 Level: Second
  • Dining Room Level: First
  • Living Room Level: First
  • Bathroom 2 Level: First
  • Main Residence Features:Foyer3: Yes
  • Main Residence Features:Fireplace2: Yes
  • Main Residence Features:Central Air: Yes
  • Main Residence Features:Hardwood Floors: Yes
  • Main Residence Features:Carpeted: Yes
  • Farm Improvements:Horse Barn(s): Yes
  • Farm Improvements:Run In Shed(s): Yes
  • Fencing:Plank: Yes
  • Main Residence Features:Inground Pool2: Yes
  • Main Residence Features:Den2: Yes
  • Water Source:Spring(s): Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • LivingArea: 4220.0
  • Lot Size Area: 39.53
  • Family Room Level: First
  • Foyer Level: First
  • Utility Room Level: First
  • Den Level: First
  • Office Level: First
  • Main Residence Features:Dining Room4: Yes
  • Main Residence Features:Family Room4: Yes

Exterior Features

  • Fencing: Plank
  • List Price: 839000.0

Garage/Parking

  • Main Residence Features:Garage5: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Heat Pump, Electric
  • Heating: Yes
  • Water Source: Spring(s)
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes

Lot Info

  • Topography: {"Level":true,"Gently Rolling":true}
  • Lot Size Acres: 39.53
  • Lot Size Sq Ft: 1721928.38
  • Parcel Number: 24818155
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2024
Sold by
Fitz Farms Llc
Bought by
Wise Mind Professional Properties Llc
Current Estimated Value
$940,000

Purchase Details

Listed on
Oct 19, 2013
Closed on
Aug 11, 2014
Sold by
Strada Terry and Oliveri Tresa Ann
Bought by
Glen Lake Farm Llc
Seller's Agent
Becky Reinhold
Bluegrass Sotheby's International Realty
Buyer's Agent
Susan Napier
Rector Hayden Realtors
List Price
$800,000
Sold Price
$800,000
Source: Public Records

Range of Values:

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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
Wise Mind Professional Properties Llc $150,000 None Listed On Document
Glen Lake Farm Llc $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fitzgerald Farms $3,100,000
Previous Owner Lexington Downtown Hotel Llc $40,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2014 08/08/14 Sold $800,000 0.0% $190 / Sq Ft
07/10/2014 07/10/14 Pending -- -- --
10/18/2013 10/18/13 For Sale $800,000 -- $190 / 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 $4,271 $739,800 $0 $0
2023 $8,693 $1,456,900 $0 $0
2022 $7,194 $1,300,000 $0 $0
2021 $7,194 $1,300,000 $0 $0
2020 $3,965 $800,000 $0 $0
2019 $3,965 $800,000 $0 $0
2018 $3,965 $800,000 $0 $0
2017 $3,749 $359,100 $0 $0
2015 $3,199 $355,300 $0 $0
2014 $3,199 $372,300 $0 $0
2012 $3,199 $829,400 $474,400 $355,000
Source: Public Records

Agents Affiliated with this Home

  • Becky Reinhold

    Seller's Agent in 2014

    Becky Reinhold

    Bluegrass Sotheby's International Realty

    (859) 268-0099

    2 in this area

    289 Total Sales

    Section Image
  • Susan Napier

    Buyer's Agent in 2014

    Susan Napier

    Rector Hayden Realtors

    (859) 533-2097

    1 in this area

    17 Total Sales

    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1320698

ImagineMLS (Bluegrass REALTORS®)

APN: 24818155

Kentucky Fayette County Lexington 40510 Elk Chester

1515 Redd Rd Unit 1549, Lexington, KY

This home is located at 1515 Redd Rd Unit 1549, Lexington, KY 40510 since 19 October 2013 and is currently estimated at $940,000, approximately $222 per square foot. This property was built in 1965. 1515 Redd Rd Unit 1549 is a home located in Fayette County with nearby schools including Meadowthorpe Elementary School, Leestown Middle School, and Paul Laurence Dunbar High School.

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