NOT LISTED FOR SALE

29 Rainbow Trace Lancaster, KY 40444

Estimated Value: $679,000 - $757,271

5 Beds
3.5 Baths
3,532 Sq Ft
$203/Sq Ft Est. Value

Sale Details

Date Sold: September 15, 2021

Last sale price $599,000 $170 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,247 / mo

40 Days on Market

Highlights

  • Barn
  • 23.85 Acre Lot
  • Wooded Lot
  • Horses Allowed On Property
  • Secluded Lot
  • Wood Flooring

About This Home

As of September 2021

Beautiful home on 24 gorgeous acres, an ideal Kentucky hobby farm with two ponds (one fully stocked, and one minnow pond). The home features an expansive front porch, lovely entry, spacious family room with wood burning fireplace, beautiful (recently remodeled) kitchen with farm sink, granite countertops (leathered finish), bright and cheery sunroom, huge master bedroom, master bath with soaker tub, elegant vanity with quartz top, beautiful quartz tile shower, water closet, and his and hers walk-in closets. Two additional spacious bedrooms with large closets and second bathroom (Jack and Jill) with shower/tub combo and two vanities on main level, also a half bathroom on main level. Beautiful stairwell leads you upstairs to two large bedrooms (one currently being used as second family room), full bathroom, and tons of storage space. This home was built to last, with 2X6 construction and Andersen windows. This home also features an inviting back porch, four car garage, large metal barn, wood fencing, underground electric fence, and walking trails. Desirable Paint Lick Elementary school district (recognized as a Distinguished school and a National Blue Ribbon School of Excellence).

Last Agent to Sell the Property

Holly Spradlin

KY Realty Co License #207752 Listed on: 06/24/2021

Last Buyer's Agent

Denise Pike

Central Kentucky Realty & Associates, LLC License #197350

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 23.85 Acre Lot
  • Wood Fence
  • Wire Fence
  • Secluded Lot
  • Wooded Lot

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Garage
  • Side Facing Garage
  • Driveway
  • Off-Street Parking

Schools

  • Paint Lick Elementary School
  • Garrard Co Middle School
  • Garrard Co High School

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Septic Tank

Additional Features

  • Accessibility Features
  • Barn
  • Horses Allowed On Property

Community Details

  • Rural Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

23.85 Acres

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Year Built: 1996
  • Levels: One and One Half
  • New Construction: No
  • Structure Type:House: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Water Source:Public: Yes
  • Foundation Details:Block3: Yes
  • Fencing:Wood2: Yes
  • Other Structures:Barn(s): Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Wood Burning
  • Fireplace: Yes
  • Lot Size Area: 23.85
  • Basement:Crawl Space: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Wood
  • Foundation Details: Block
  • Horse: Yes
  • List Price: 599000.0
  • Lot Features: Secluded, Wooded
  • Other Structures: Barn(s)
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Secluded: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: Yes
  • Parking Features: Driveway, Garage Faces Side, Off Street
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Paint Lick
  • High School: Garrard Co
  • Middle or Junior School: Garrard Co

Lot Info

  • Lot Size Acres: 23.85
  • Lot Size Sq Ft: 1038906.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2024
Sold by
Gentry Michael and Gentry Jarah Madison
Bought by
Coulter Denver L and Coulter Joan H
Current Estimated Value
$718,136

Purchase Details

Listed on
Jun 24, 2021
Closed on
Sep 15, 2021
Sold by
Furness Terene B and Furness Amanda L
Bought by
Gentry Michael and Gentry Jarah
Seller's Agent
Holly Spradlin
KY Realty Co
Buyer's Agent
Denise Pike
Central Kentucky Realty & Associates, LLC
Sold Price
$599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%

Purchase Details

Closed on
May 24, 2019
Sold by
Mcqueary Gladys G
Bought by
Furness Terence B and Furness Amanda L
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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Purchase History

Date Buyer Sale Price Title Company
Coulter Denver L -- None Listed On Document
Gentry Michael $599,000 None Available
Furness Terence B $353,625 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2021 09/15/21 Sold $599,000 0.0% $170 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
06/24/2021 06/24/21 For Sale -- -- --
06/11/2021 06/11/21 For Sale -- -- --
06/11/2021 06/11/21 For Sale $599,000 -- $170 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

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
2025 $4,968 $469,000 $20,000 $449,000
2024 $4,968 $469,000 $20,000 $449,000
2023 $4,992 $469,000 $20,000 $449,000
2022 $5,179 $469,000 $20,000 $449,000
2021 $2,628 $273,600 $20,000 $253,600
2020 $2,633 $273,600 $20,000 $253,600
2019 $1,362 $160,000 $20,000 $140,000
2018 $1,805 $160,000 $20,000 $140,000
2017 $1,800 $160,000 $20,000 $140,000
2016 $1,767 $160,000 $20,000 $140,000
2012 $1,357 $160,000 $20,000 $140,000
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Holly Spradlin

    KY Realty Co

    (606) 793-4395

    43 Total Sales

    Holly Spradlin
    Section Image

  • D

    Buyer's Agent in 2021

    Denise Pike

    Central Kentucky Realty & Associates, LLC

    (859) 749-5740

    128 Total Sales

    Denise Pike
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20111128

ImagineMLS (Bluegrass REALTORS®)

APN: 43-31

Kentucky Garrard County Lancaster 40444

29 Rainbow Trace, Lancaster, KY

Not Listed for Sale

Detached

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