NOT LISTED FOR SALE

3949 Lemons Mill Pike Lexington, KY 40511

Loradale Neighborhood

Estimated Value: $376,000 - $3,728,000

4 Beds
2 Baths
3,692 Sq Ft
$421/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $1,900,000 $515 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $8,753/month

952 Days on Market

Highlights

  • In Ground Pool
  • Great Room
  • Forced Air Heating System
  • 213 Acre Lot
  • Fireplace
  • Dining Room

About This Home

As of October 2017

Cherry Knoll Farm- Here Is The Rare Opportunity To Own One Of Lexington's Distinct Horse Farms Minutes From The World Famous Kentucky Horse Park With Over 213 Acres In Fayette/Scott Counties. Allow The Farm To Pay For Itself! This Opportunity Is Rare! With Over 91 Stalls With Immaculate Barns and Equine Facility, This Farm Allows You To Invest In Your Future While Owning A Piece Of The Kentucky Bluegrass! 5 Barns All In Great Condition, Excellent Paddocks, Barns and 2 Homes and Managers Area Above 1 Barn Totally 3 Separate Living Areas. This Farm Is Quite Possibly The Best Deal On The Market Today

Last Agent to Sell the Property

Kassie Bennett

Keller Williams Bluegrass Realty Listed on: 01/16/2015

Last Buyer's Agent

Kevin Mangold

Goshen Real Estate, LLC License #205092

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,219

Lot Details

  • 213 Acre Lot
  • Fenced
  • Mesh Fence
  • Property is zoned AR

Parking

  • Garage

Home Design

  • Farm

Interior Spaces

  • Fireplace
  • Great Room
  • Family Room
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Septic Tank

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20422100

Property Details

Property Type

Other

Est. Annual Taxes

$4,219

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Sub-Type: Farm
  • Levels: One and One Half
  • New Construction: No
  • Water Source:Public: Yes
  • Fencing:V-Mesh: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Lot Size Area: 213.0
  • Possible Use: Residential, Horses

Exterior Features

  • Fencing: V-Mesh
  • List Price: 2195000.0
  • Lot Features: Gentle Sloping
  • Pool Features: In Ground

Garage/Parking

  • Garage: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Electric, Forced Air, Heat Pump, Propane Tank Leased
  • Heating: Yes
  • Utilities: Electricity Connected, Propane Connected
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane Tank Leased: Yes

Lot Info

  • Topography: Gentle Sloping
  • Current Use: Horses
  • Horse Amenities: Barn
  • Lot Size Acres: 213.0
  • Lot Size Sq Ft: 9278288.52
  • Parcel Number: 20422100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2015
Closed on
Oct 20, 2017
Sold by
Forging Oaks Llc
Bought by
Dream Horse Prop Llc
Seller's Agent
Kassie Bennett
Keller Williams Bluegrass Realty
Buyer's Agent
Kevin Mangold
Goshen Real Estate, LLC
List Price
$1,900,000
Sold Price
$1,900,000
Current Estimated Value
$1,553,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$346,075
Avg. Annual Appreciation
-2.51%
Original Mortgage
$1,800,000
Outstanding Balance
$1,509,129
Interest Rate
3.78%
Mortgage Type
Unknown
Estimated Equity
$44,796
Source: Public Records

Range of Values:

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Average Value
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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
Dream Horse Prop Llc $304,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dream Horse Prop Llc $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2017 10/20/17 Sold $1,900,000 0.0% $515 / Sq Ft
08/25/2017 08/25/17 Pending -- -- --
01/16/2015 01/16/15 For Sale $1,900,000 -- $515 / 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 $4,219 $394,800 $0 $0
2023 $4,219 $394,800 $0 $0
2022 $4,001 $362,400 $0 $0
2021 $4,001 $362,400 $0 $0
2020 $4,001 $362,400 $0 $0
2019 $4,001 $362,400 $0 $0
2018 $4,001 $362,400 $0 $0
2017 $207 $19,800 $0 $0
2015 $165 $17,500 $0 $0
2014 $165 $17,500 $0 $0
2012 $165 $333,000 $323,000 $10,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kassie Bennett

    Keller Williams Bluegrass Realty

  • Kevin Mangold

    Buyer's Agent in 2017

    Kevin Mangold

    Goshen Real Estate, LLC

    (859) 576-3688

    37 Total Sales

    Kevin Mangold
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1501048

ImagineMLS (Bluegrass REALTORS®)

APN: 20422100

Kentucky Fayette County Lexington 40511 Loradale

3949 Lemons Mill Pike, Lexington, KY

This home is located at 3949 Lemons Mill Pike, Lexington, KY 40511 since 16 January 2015 and is currently estimated at $1,553,925, approximately $420 per square foot. 3949 Lemons Mill Pike is a home located in Fayette County with nearby schools including Russell Cave Elementary School, Winburn Middle School, and Bryan Station High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

ImagineMLS (Bluegrass REALTORS®) The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 LBAR Multiple Listing Service. All Rights Reserved.

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