NOT LISTED FOR SALE

2951 Jones Ln Frankfort, KY 40601

Estimated Value: $400,942

-- Bed
-- Bath
-- Sq Ft
50 Acres

Last Sold December 07, 2020

Last sale price $300,000

Est. 34% increase in value since last sale

Current estimated payment $2,270/month

19 Days on Market

Highlights

  • Waterfront
  • Spring water is a source of water for the property
  • Gentle Sloping Lot
  • 50 Acre Lot
  • Stone Wall
  • Farm

About This Home

As of December 2020

50 +/- acre DREAM FARM with N. Elkhorn Creek frontage located in Franklin County only 10 miles from Midway. This farm has it's own gated entrance, several great building sites where you can build your dream home with awesome views, and even a spring with a spring house. Enjoy the peaceful privacy that this farm can provide. This is a 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: 09/26/2020

Rector Hayden Realtors

Co-Listed By

Ryan Smith

Rector Hayden Realtors License #218184

Last Buyer's Agent

Susan Napier

Rector Hayden Realtors License #207555

Rector Hayden Realtors

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,058

Lot Details

  • 50 Acre Lot
  • Waterfront
  • Plank Fence
  • Stone Wall
  • Gentle Sloping Lot
  • Property is zoned AR

Home Design

  • Farm

Utilities

  • Spring water is a source of water for the property
  • The stream is a source of water for the property

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 110-00-00-016.000

Property Details

Property Type

Other

Est. Annual Taxes

$2,058

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Sub-Type: Farm
  • New Construction: No
  • Water Source:Public: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Lot Size Area: 50.0
  • Possible Use: Residential, Recreational, Pasture

Exterior Features

  • Fencing: Stone, Plank
  • List Price: 325000.0
  • Lot Features: Gentle Sloping, Waterfront

Utilities

  • Utilities: Electricity Available, Water Available
  • Water Source: Public, Creek(s), Spring

Lot Info

  • Topography: Gentle Sloping
  • Current Use: Recreational, Pasture
  • Lot Size Acres: 50.0
  • Lot Size Sq Ft: 2178002.0
  • Parcel Number: 110-00-00-016.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2020
Closed on
Dec 7, 2020
Sold by
Knoll Creek Llc
Bought by
Glen Lake Farm Llc
Seller's Agent
Joe Riddell
Rector Hayden Realtors
Buyer's Agent
Susan Napier
Rector Hayden Realtors
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Current Estimated Value
$400,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,942
Avg. Annual Appreciation
6.11%

Purchase Details

Closed on
May 10, 2005
Sold by
Risk George C and Risk Cheryl L
Bought by
Knoll Creek Llc
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
Glen Lake Farm Llc $300,000 None Available
Knoll Creek Llc $1,135,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2020 12/07/20 Sold $300,000 -7.7% --
10/15/2020 10/15/20 Pending -- -- --
09/26/2020 09/26/20 For Sale $325,000 -- --
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 $2,058 $170,528 $0 $0
2023 $2,038 $170,528 $0 $0
2022 $1,545 $130,528 $0 $0
2021 $241 $20,528 $0 $0
2020 $6,899 $582,124 $132,124 $450,000
2019 $6,075 $502,124 $132,124 $370,000
2018 $5,853 $484,970 $119,970 $365,000
2017 -- $448,595 $83,595 $365,000
2016 $5,116 $448,595 $83,595 $365,000
2015 $4,477 $448,595 $83,595 $365,000
2011 $4,477 $448,595 $83,595 $365,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joe Riddell

    Rector Hayden Realtors

    (859) 221-0826

    19 Total Sales

    Joe Riddell
    Section Image
  • Ryan Smith

    Seller Co-Listing Agent in 2020

    Ryan Smith

    Rector Hayden Realtors

    (859) 553-5031

    154 Total Sales

    Ryan Smith
    Section Image
  • Susan Napier

    Buyer's Agent in 2020

    Susan Napier

    Rector Hayden Realtors

    (859) 533-2097

    19 Total Sales

    Susan Napier
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20020014

ImagineMLS (Bluegrass REALTORS®)

APN: 110-00-00-016.00

Kentucky Franklin County Frankfort 40601

2951 Jones Ln, Frankfort, KY

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