NOT LISTED FOR SALE

475 Grimes Mill Rd Lexington, KY 40515

Becknerville Neighborhood

Estimated Value: $2,079,626

244 Acres
$8,513 Price per Acre
10,640,840 Sq Ft Lot

Last Sold March 13, 2020

Last sale price $1,325,000 $448 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $11,712/month

148 Days on Market

Highlights

  • 244.28 Acre Lot
  • Horse or Livestock Barn
  • Gentle Sloping Lot
  • Wooded Lot
  • Vinyl Fence

About This Lot

As of March 2020

Absolutely beautiful land in desirable hunt country! This farm has tremendous frontage on Grimes Mill and Hunters Rest Lane. Crumbling remains of the main residence; great grounds; mostly-cleared land currently used for hay. Some wooded area with nice large pond.

Last Agent to Sell the Property

Bill Justice

Justice Real Estate License #223731 Listed on: 10/10/2019

Last Buyer's Agent

Bill Justice

Justice Real Estate License #223731 Listed on: 10/10/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,915

Lot Details

  • 244.28 Acre Lot
  • Plank Fence
  • Vinyl Fence
  • Wire Fence
  • Gentle Sloping Lot
  • Cleared Lot
  • Wooded Lot

Farming

  • Horse or Livestock Barn
  • Tobacco Barn
  • Equipment Barn

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 008-0000-001.00

Property Details

Property Type

Land

Est. Annual Taxes

$3,915

Lot Details

0

Listing Details

  • Property Type: Land - Farm/Land
  • Property Sub-Type: Farm
  • New Construction: No
  • Contract Info:On Market Date: 2019-10-09
  • General Property Description:Lot Size Acres: 244.28
  • Utilities:Electricity2: Electricity Available
  • Water: Water Available
  • Water Source:Public: Yes
  • Farm Improvements:Equipment Bldg(s): Yes
  • Topography:Cleared: Yes
  • Topography:Wooded2: Yes
  • Topography:Gently Rolling: Yes
  • Fencing:Wire: Yes
  • Farm Improvements:Horse Barn(s): Yes
  • Fencing:Plank: Yes
  • Farm Improvements:Tobacco Barn(s): Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Size Area: 244.28

Exterior Features

  • Fencing: Plank, Wire
  • List Price: 1525000.0

Utilities

  • Water Source: Public

Lot Info

  • Topography: {"Cleared":true,"Wooded":true,"Gently Rolling":true}
  • Lot Size Acres: 244.28
  • Lot Size Sq Ft: 10640846.57
  • Parcel Number: 008-0000-001.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2019
Closed on
Mar 11, 2020
Sold by
Sutphin Katharine B
Bought by
Via Ferraro Llc
Seller's Agent
Bill Justice
Justice Real Estate
Buyer's Agent
Bill Justice
Justice Real Estate
List Price
$1,525,000
Sold Price
$1,325,000
Premium/Discount to List
-$200,000
-13.11%
Current Estimated Value
$2,079,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$754,626
Avg. Annual Appreciation
8.50%
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
Via Ferraro Llc $1,325,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold $1,325,000 -13.1% $448 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
10/09/2019 10/09/19 For Sale $1,525,000 -- $516 / 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 $3,915 $391,500 $0 $0
2023 $3,833 $391,500 $0 $0
2022 $3,478 $353,100 $0 $0
2021 $1,428 $145,400 $0 $0
2020 $1,431 $145,400 $0 $0
2019 $2,989 $302,200 $0 $0
2018 $2,953 $302,200 $0 $0
2017 $2,965 $302,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Justice

    Seller's Agent in 2020

    Bill Justice

    Justice Real Estate

    (859) 255-3657

    1 in this area

    69 Total Sales

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1923866

ImagineMLS (Bluegrass REALTORS®)

APN: 008-0000-00100

Kentucky Clark County Lexington 40515 Becknerville

475 Grimes Mill Rd, Lexington, KY

This home is located at 475 Grimes Mill Rd, Lexington, KY 40515 since 10 October 2019 and is currently estimated at $2,079,626, approximately $703 per square foot. 475 Grimes Mill Rd is a home located in Clark County with nearby schools including Shearer Elementary School and George Rogers Clark 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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