NOT LISTED FOR SALE

2947 Jones Ln Frankfort, KY 40601

Estimated Value: $2,679,376

3 Beds
2.5 Baths
3,443 Sq Ft
$778/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $1,700,000 $494 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $14,765/month

515 Days on Market

Highlights

  • Waterfront
  • Farm
  • Great Room
  • 285 Acre Lot
  • Wood Flooring
  • Fireplace

About This Home

As of October 2020

285 +/- acre DREAM FARM with luxury home overlooking N. Elkhorn Creek located in Franklin County only 10 miles from Midway. This farm could be perfect for growing ORGANIC HEMP. Enjoy peaceful privacy, gated access, 1+ miles of paved roads, a lake and large pond stocked with fish. The custom built 3 BR, 2.5 BA home has 3400+ sq. ft. and comes with so many luxury features including: a gorgeous kitchen with natural soapstone countertops, glass back splash, Wolf gas stove, and cherry wood cabinets. The spacious master suite has a steam shower in master bath, there's stone fireplaces in 4 rooms, and Anderson windows throughout. The covered porch ceiling is made of Redwood from CA. 10' ceilings in the finished basement. 3-car detached garage with attic space for plenty of storage. Farm equipment can be stored in the huge metal building on the property, has office and full bath. This very special property and has to be seen to be appreciated!

Last Agent to Sell the Property

Joe Riddell

Rector Hayden Realtors License #185336 Listed on: 02/27/2019

Rector Hayden Realtors

Co-Listed By

Ryan Smith

Rector Hayden Realtors License #218184

Last Buyer's Agent

Julie M Thornhill

Turf Town Properties License #215315

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,881

Year Built

  • Built in 2007

Lot Details

  • 285 Acre Lot
  • Waterfront
  • Plank Fence
  • Stone Wall
  • Vinyl Fence
  • Wire Fence
  • Level Lot
  • Cleared Lot
  • Property is zoned AR

Parking

  • Garage

Home Design

  • Farm

Interior Spaces

  • 1.5-Story Property
  • Fireplace
  • Great Room
  • Utility Room
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Farming

  • Equipment Barn
  • Farm

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Propane
  • Natural Gas Connected
  • The pond is a source of water for the property
  • The stream is a source of water for the property
  • The lake is a source of water for the property
  • Septic Tank

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 110-00-00-016.00

Property Details

Property Type

Other

Est. Annual Taxes

$8,881

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Sub-Type: Farm
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 1816.0
  • Levels: One and One Half
  • New Construction: No
  • Flooring:Hardwood: Yes
  • Water Source:Public: Yes
  • Fencing:Wire: Yes
  • Water Source:Lake(s): Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Yes
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1627.0
  • Fireplace: Yes
  • LivingArea: 3443.0
  • Lot Size Area: 285.0
  • Possible Use: Residential, Recreational, Horses, Agricultural

Exterior Features

  • Fencing: Stone, Wire, Plank
  • List Price: 2195000.0
  • Lot Features: Cleared, Gentle Sloping, Level, Waterfront

Garage/Parking

  • Garage: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Electric, Heat Pump, Propane Tank Owned
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Natural Gas Connected, Propane Connected, Water Connected
  • Water Source: Public, Creek(s), Lake(s), Pond(s)
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane Tank Owned: Yes

Lot Info

  • Topography: Gentle Sloping, Level, Cleared
  • Current Use: Other
  • Lot Size Acres: 285.0
  • Lot Size Sq Ft: 12414611.4
  • Parcel Number: 110-00-00-016.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2020 10/26/20 Sold $1,700,000 -22.6% $494 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
02/27/2019 02/27/19 For Sale $2,195,000 -- $638 / 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 $8,881 $782,124 $0 $0
2023 $8,792 $782,124 $0 $0
2022 $9,260 $782,124 $0 $0
2021 $7,424 $632,124 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1903884

ImagineMLS (Bluegrass REALTORS®)

APN: 110-00-00-016.03