NOT LISTED FOR SALE

4750 Ky Highway 1842 N Cynthiana, KY 41031

Estimated Value: $4,492,000

2 Beds
1.5 Baths
-- Sq Ft
261.96 Acres

Last Sold August 30, 2019

Last sale price $1,050,000

Est. 328% increase in value since last sale

Current estimated payment $24,130/month

2 Days on Market

Highlights

  • Waterfront
  • Wooded Lot
  • Living Room
  • 261.96 Acre Lot
  • Cooling Available
  • The pond is a source of water for the property

About This Home

As of August 2019

This magnificent 262 acre farm is an ideal retreat property, only minutes from the Interstate (Toyota exit) and Lexington. Beginning in 2015, the property was considerably improved with electricity and water brought to a lovely home site overlooking the fully-stocked, appx. 8-acre lake. An equipment building was constructed, and the horse improvements (five paddocks, two fields, one 4-stall horse barn, and three run-in sheds) were upgraded across-the-board. The existing 2BR/1.5BA cottage overlooks the front paddocks and barn, and is ideal for a farm manager or weekend visitors. Numerous trails have been cut through the dense, mature woods, offering glimpses of open pasture spaces, historic rock walls, and ever-abundant wildlife. Also of note is the historic stone springhouse, fabulously landscaped entrance, and innumerable, naturally-formed enclaves throughout the farm. This is a once-in-a-lifetime property and setting. (Please call for an appointment as farm is gated & locked.)

Last Agent to Sell the Property

Zach Davis

Kirkpatrick & Company License #207039 Listed on: 08/19/2019

Last Buyer's Agent

Doug Hampton

Palmer-Hampton Realty License #213594

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,360

Year Built

  • Built in 2008

Lot Details

  • 261.96 Acre Lot
  • Waterfront
  • Vinyl Fence
  • Wire Fence
  • Wooded Lot
  • Property is zoned AR

Home Design

  • Farm

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Cooling Available
  • The pond is a source of water for the property
  • The lake is a source of water for the property
  • Septic Tank

Additional Features

  • Living Room
  • Run-In Shed

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 037-0000-022-00-000

Property Details

Property Type

Other

Est. Annual Taxes

$2,360

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Sub-Type: Farm
  • Year Built: 2008
  • Levels: One and One Half
  • New Construction: No
  • Water Source:Public: Yes
  • Fencing:Wire: Yes
  • Farm Improvements:Run In Shed(s): Yes
  • Water Source:Lake(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Lot Size Area: 261.96
  • Possible Use: Recreational, Pasture, Horses, Cattle

Exterior Features

  • Fencing: Stone, Wire, Plank
  • List Price: 1050000.0
  • Lot Features: Wooded, Gentle Sloping, Hilly, Waterfront
  • Lot Features:Wooded: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling: Yes
  • Utilities: Electricity Available
  • Water Source: Public, Lake(s), Pond(s)
  • Sewer Septic Tank: Yes

Lot Info

  • Topography: Hilly, Gentle Sloping, Wooded
  • Current Use: Recreational, Pasture, Horses, Cattle
  • Horse Amenities: Hay Storage, Barn
  • Lot Size Acres: 261.96
  • Lot Size Sq Ft: 11410988.08
  • Parcel Number: 037-0000-022-00-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2025
Sold by
Withers Properties And Renovations Llc
Bought by
Withers Farms Llc
Current Estimated Value
$4,492,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,138,000
Outstanding Balance
$3,094,109
Interest Rate
6.81%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 6, 2024
Sold by
Heartbeat Ridge Llc
Bought by
Withers Properties And Renovations Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,145,000
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2017
Sold by
Gordons Gallop Llc
Bought by
Rising Sun Developing Co
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
Withers Farms Llc -- None Listed On Document
Withers Farms Llc -- None Listed On Document
Withers Farms Llc -- None Listed On Document
Withers Properties And Renovations Llc $2,636,000 None Listed On Document
Rising Sun Developing Co $1,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Withers Farms Llc $3,138,000
Closed Withers Farms Llc $3,138,000
Previous Owner Withers Properties And Renovations Llc $3,145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $1,050,000 0.0% --
08/21/2019 08/21/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $1,050,000 +32.2% --
08/13/2015 08/13/15 Sold $794,000 0.0% --
07/08/2015 07/08/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $794,000 -- --
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 $2,360 $223,680 $0 $0
2023 $2,362 $223,680 $0 $0
2022 $2,344 $223,680 $0 $0
2021 $1,874 $178,630 $0 $0
2020 $1,766 $178,630 $0 $0
2019 $1,766 $178,630 $0 $0
2018 $1,744 $178,630 $0 $0
2017 $1,729 $178,630 $0 $0
2014 -- $140,725 $0 $0
2013 -- $140,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1919374

ImagineMLS (Bluegrass REALTORS®)

APN: 037-0000-022-00-000