372 Shannon Run Rd Versailles, KY 40383
Mortonsville NeighborhoodEstimated Value: $752,000 - $1,163,403
30
Acres
$29,278
Price per Acre
1,306,800
Sq Ft Lot
Highlights
- 30 Acre Lot
- Wood Flooring
- Living Room
- Contemporary Architecture
- Fireplace
- Entrance Foyer
About This Lot
As of January 2021Location Location Location! 30 acre Horse Farm property 3 miles to Keeneland and Bluegrass Airport. Improvements include a 3350 sqft 3 bedroom/3 bath residence w 2 car garage and small apartment, 11 stall barn with indoor roundpen and riding area, run-in sheds. While the property needs some renovation and work, it was built with high quality materials and is on one of the best locations in Woodford County. The property does boast a new HVAC system, along with new roofs on the residence compound, including the home, breezeway, and garage. Perfect opportunity for a small thoroughbred operation or layup facility as is next door to the Kesmarc Equine Pool and Rehabilitation Center. Minutes to Versailles, WinStar Farm, The Kentucky Castle and more. Inspections are welcome however the property is offered in it's as is condition.
Last Agent to Sell the Property
Biederman Real Estate License #186255 Listed on: 09/11/2020
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,579
Year Built
- 1980
Lot Details
- 30 Acre Lot
- Level Lot
- Property is zoned AR
Parking
- Garage
Home Design
- Contemporary Architecture
Interior Spaces
- 1-Story Property
- Fireplace
- Entrance Foyer
- Family Room
- Living Room
- Utility Room
- Basement
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Utilities
- Central Air
- Septic Tank
Additional Features
- Horse or Livestock Barn
- Run-In Shed
Community Details
- Rural Subdivision
Listing and Financial Details
- Assessor Parcel Number 51-0000-013-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2020
Closed on
Jan 8, 2021
Sold by
Multi Specialty Foundation Inc
Bought by
Owen Deven and Owen Kelly
Seller's Agent
Tom Biederman
Biederman Real Estate
Buyer's Agent
Tom Biederman
Biederman Real Estate
List Price
$850,000
Sold Price
$775,000
Premium/Discount to List
-$75,000
-8.82%
Total Days on Market
139
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,351
Avg. Annual Appreciation
3.42%
Original Mortgage
$531,294
Outstanding Balance
$398,549
Interest Rate
2.26%
Mortgage Type
Commercial
Estimated Equity
$500,176
Purchase Details
Closed on
Nov 13, 2019
Sold by
Cline Paula and Doe John
Bought by
Multi Specialty Foundation Inc
Similar Property in Versailles, KY
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Owen Deven | $775,000 | None Available | |
| Multi Specialty Foundation Inc | $700,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Owen Deven | $531,294 | |
| Previous Owner | Cline Paula W | $100,000 | |
| Previous Owner | Cline Paula W | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/08/2021 01/08/21 | Sold | $775,000 | -2.5% | $219 / Sq Ft |
| 10/24/2020 10/24/20 | Price Changed | $795,000 | -6.5% | $225 / Sq Ft |
| 08/13/2020 08/13/20 | For Sale | $850,000 | -- | $241 / Sq Ft |
Source: ImagineMLS (Bluegrass REALTORS®)
Tax History Compared to Growth
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 | $7,579 | $737,500 | $0 | $0 |
| 2023 | $7,422 | $697,500 | $0 | $0 |
| 2022 | $4,999 | $469,300 | $0 | $0 |
| 2021 | $5,050 | $469,300 | $0 | $0 |
| 2020 | $5,062 | $469,300 | $0 | $0 |
| 2019 | $4,508 | $469,300 | $0 | $0 |
| 2018 | $4,462 | $467,700 | $0 | $0 |
| 2017 | $4,759 | $467,700 | $0 | $0 |
| 2016 | $4,752 | $467,700 | $0 | $0 |
| 2015 | $4,705 | $467,700 | $0 | $0 |
| 2010 | -- | $465,000 | $11,400 | $453,600 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Biederman
Seller's Agent in 2021
Tom Biederman
Biederman Real Estate
(859) 312-0606
13 in this area
98 Total Sales
Map
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 20016722
APN: 51-0000-013-00
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