NOT LISTED FOR SALE

481 Cave Spring Rd Nicholasville, KY 40356

Estimated Value: $823,244 - $982,000

5 Beds
4.5 Baths
4,384 Sq Ft
$200/Sq Ft Est. Value

Last Sold September 19, 2020

Last sale price $600,000 $137 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,201/month

12 Days on Market

Highlights

  • Horses Allowed On Property
  • 5 Acre Lot
  • Secluded Lot
  • West Jessamine Middle School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of September 2020

This southern inspired 1.5 story home situated on a gorgeous 5 acre lot(bring your horses) features over 4300 square feet offers 5 bedrooms and 4.5 bathrooms. From the impressive 2 story foyer & family room, the 1st floor master suite and the timeless white kitchen to the finished walkout basement complete with kitchenette, family room, exercise room & bedroom, this home has it all! The Trex deck has access from the breakfast room and master bedroom and the lower level patio is accented by custom Koi pond. This home has beautiful deep moldings and built-ins, abundant closet storage, geothermal, 2 water heaters with circulating pump for quick hot water,extended driveway and so much more! If you are looking for more peace and tranquility in your world then don't miss this amazing property! Serendipity Found! (Hot tub does not convey.)

Last Agent to Sell the Property

Deborah Back

The Brokerage License #200089 Listed on: 07/25/2020

The Brokerage

Last Buyer's Agent

Stephanie Hacker

Kentucky Residential Real Estate, LLC License #212522

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,108

Year Built

  • Built in 1997

Lot Details

  • 5 Acre Lot
  • Property has an invisible fence for dogs
  • Secluded Lot
  • Wooded Lot
  • Many Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Veneer
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Factory Built Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Attic Access Panel
  • Security System Owned

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Rosenwald Elementary School
  • West Jess High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Cooling Available
  • Heating System Powered By Leased Propane
  • Geothermal Heating and Cooling
  • Propane
  • Electric Water Heater
  • Septic Tank

Community Details

  • Clear Creek Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021-00-00-027.25

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,108

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 2871.0
  • Levels: One and One Half
  • New Construction: No
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Cooling:Geothermal: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • Appliances Refrigerators: Yes
  • Roof:Composition: Yes
  • Percent Basement Finished: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Fencing:Invisible: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Entrance Foyer, Primary Downstairs, Walk-In Closet(s)
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Basement: Concrete, Finished, Full, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1513.0
  • Fireplace Features: Basement, Factory Built, Family Room
  • Fireplace: Yes
  • LivingArea: 4384.0
  • Lot Size Area: 5.0
  • Window Features: Blinds
  • Basement:Concrete: Yes
  • Full Basement: Yes
  • Fireplace Features:Factory Built: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Central Vacuum: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Composition
  • Construction Materials: Vinyl Siding, Brick Veneer
  • Fencing: Invisible
  • Horse: Yes
  • List Price: 619900.0
  • Lot Features: Many Trees, Secluded, Wooded
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Secluded: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Heating: Electric, Geothermal, Propane Tank Leased
  • Cooling: Electric, Geothermal
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Main Level, Washer Hookup
  • Security Features: Security System Owned
  • Utilities: Electricity Connected, Propane Connected
  • Water Source: Public
  • Heating:Geothermal2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane Tank Leased: Yes

Schools

  • Elementary School: Rosenwald
  • High School: West Jess HS

Lot Info

  • Lot Size Acres: 5.0
  • Lot Size Sq Ft: 217800.2
  • Parcel Number: 021-00-00-027.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2020
Closed on
Sep 18, 2020
Sold by
Hood Dean Scott and Hood Crystal Shontine
Bought by
Romesberg Amanda M and Romesberg Jason E
Seller's Agent
Deborah Back
The Brokerage
Buyer's Agent
Stephanie Hacker
Kentucky Residential Real Estate, LLC
List Price
$619,900
Sold Price
$600,000
Premium/Discount to List
-$19,900
-3.21%
Current Estimated Value
$878,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,811
Avg. Annual Appreciation
7.59%
Original Mortgage
$510,000
Outstanding Balance
$452,591
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$426,220

Purchase Details

Listed on
Feb 21, 2017
Closed on
Jun 5, 2017
Sold by
Clemons Ernest A and Clemons Linda S
Bought by
Hood Dean Scott and Hood Crystal Shontine
Seller's Agent
Melinda Duncan
RE/MAX Creative Realty
Buyer's Agent
Deborah Back
Keller Williams Bluegrass Realty
List Price
$585,000
Sold Price
$585,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.77%
Original Mortgage
$73,150
Interest Rate
4.02%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Romesberg Amanda M $600,000 None Available
Hood Dean Scott $585,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romesberg Amanda M $510,000
Previous Owner Hood Dean Scott $73,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2020 09/19/20 Sold $600,000 -3.2% $137 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/25/2020 07/25/20 For Sale $619,900 +6.0% $141 / Sq Ft
06/05/2017 06/05/17 Sold $585,000 0.0% $135 / Sq Ft View Prior Sale
04/19/2017 04/19/17 Pending -- -- --
02/20/2017 02/20/17 For Sale $585,000 -- $135 / 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 $7,108 $617,000 $100,000 $517,000
2023 $6,898 $617,000 $100,000 $517,000
2022 $6,909 $617,000 $100,000 $517,000
2021 $6,933 $617,000 $100,000 $517,000
2020 $6,580 $585,000 $100,000 $485,000
2019 $6,503 $585,000 $100,000 $485,000
2018 $6,499 $585,000 $100,000 $485,000
2017 $2,862 $300,000 $83,000 $217,000
2016 $2,862 $270,000 $70,000 $200,000
2015 $2,862 $270,000 $70,000 $200,000
2014 $2,816 $270,000 $70,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20015110

ImagineMLS (Bluegrass REALTORS®)

APN: 021-00-00-027.25