NOT LISTED FOR SALE

2815 Old Lemons Mill Rd Lexington, KY 40511

Loradale Neighborhood

Estimated Value: $1,243,000

566 Acres
$2,196 Price per Acre
24,654,960 Sq Ft Lot

Last Sold March 21, 2017

Last sale price $17,000,000 $4,368 Per Sq Ft

Current estimated payment $7,840/month

229 Days on Market

About This Lot

As of March 2017

For comp purposes. One of the finest farms ever placed on the market - developed by true horsemen with tremendous infrastructure. 5 world-class horse barns - each with 25 stalls. 2-story manager's home. 3 employee residences. Shop/equipment building and equipment/hay barn. 3 miles of fencing, 4.5 miles of paved roads, mature landscaping.

Last Agent to Sell the Property

Bill Justice

Justice Real Estate License #223731 Listed on: 12/27/2017

Last Buyer's Agent

Bill Justice

Justice Real Estate License #223731 Listed on: 12/27/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $38,958

Year Built

  • 1900

Lot Details

  • 566 Acre Lot
  • Stone Wall

Utilities

  • The lake is a source of water for the property
  • Septic Tank

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 23788600

Property Details

Property Type

Land

Est. Annual Taxes

$38,958

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub-Type: Farm
  • New Construction: No
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1900

Interior Features

  • Lot Size Area: 566.0

Exterior Features

  • Fencing: Plank, V-Mesh, Stone/Rock
  • List Price: 20000000.0

Utilities

  • Sewer: Septic Tank
  • Utilities: Telephone
  • Water Source: Public, Lake(s)

Lot Info

  • Topography: {"Gently Rolling":true}
  • Lot Size Acres: 566.0
  • Lot Size Sq Ft: 24654982.64
  • Parcel Number: 23788600
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2017
Closed on
Mar 21, 2017
Sold by
Juddmonte Farms Inc
Bought by
Bemak N V Ltd Co and Ashford Stud
Seller's Agent
Bill Justice
Justice Real Estate
Buyer's Agent
Bill Justice
Justice Real Estate
List Price
$17,000,000
Sold Price
$17,000,000
Total Days on Market
229
Current Estimated Value
$1,243,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,757,000
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
Bemak N V Ltd Co $16,938,548 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2017 03/21/17 Sold $17,000,000 0.0% $4,368 / Sq Ft
03/20/2017 03/20/17 Pending -- -- --
08/03/2016 08/03/16 For Sale $17,000,000 -- $4,368 / 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 $38,958 $13,794,100 $0 $0
2023 $38,958 $13,794,100 $0 $0
2022 $37,799 $13,643,900 $0 $0
2021 $37,799 $13,643,900 $0 $0
2020 $37,799 $13,643,900 $0 $0
2019 $35,922 $13,473,900 $0 $0
2018 $35,922 $13,473,900 $0 $0
2017 $24,725 $2,368,100 $0 $0
2015 $21,919 $2,318,000 $0 $0
2014 $21,919 $2,318,000 $0 $0
2012 $21,919 $6,755,600 $4,630,000 $2,125,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1727387

ImagineMLS (Bluegrass REALTORS®)

APN: 23788600