NOT LISTED FOR SALE

498 Sims Rd Summer Shade, KY 42166

Estimated Value: $179,000 - $548,000

2 Beds
1 Bath
1,642 Sq Ft
$258/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2023

Last sale price $509,000 $310 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $2,467 / mo

177 Days on Market

Highlights

  • Horse Facilities
  • 29.64 Acre Lot
  • Wood Burning Stove
  • Stables
  • Mature Trees
  • Spring on Lot

About This Home

As of July 2023

Turn-key horse farm. This property consists of 29 acres which includes a 13-acre hayfield, wooded area with a spring, 5 paddocks each with automatic frost-free waterers and shelters. There is a 90’x36’ multi stall barn fully wired with electricity and separate circuits for fans. Adjacent to the barn is a 98’x56’ dry lot and a 36’x12’ shelter with electricity and fans. Additional outbuildings include a 36’x30 hay/equipment shed and a one car garage. There are 2 houses on the property. A 1300 square foot 1 1/2 story home built in 2010 with 2 bedrooms, newly updated bathroom and updated kitchen. All appliances remain including refrigerator, new stove and new dishwasher. Washer and dryer also remain. There is a 960 square foot unfinished walkout basement and a fenced yard. The second house is an A-frame built in 2018. It has a bathroom, kitchen with appliances, loft bedroom and a deck overlooking a wooded area. This A-frame could have income producing potential. The property is less than 2 hours from Louisville, KY or Nashville, TN. Selling as whole, will not divide.

Last Agent to Sell the Property

Melissa Thomas

Crye-Leike Executive Realty License #240336 Listed on: 12/07/2022

Crye-Leike Executive Realty

Last Buyer's Agent

Josh Pierce

Keller Williams First Choice R License #217934

Keller Williams First Choice R

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • 29.64 Acre Lot
  • Perimeter Fence
  • Wire Fence
  • Mature Trees
  • Garden

Home Design

  • Country Style Home
  • Block Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,642 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Blinds
  • Window Screens
  • Home Office
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom
  • Separate Shower

Laundry

  • Laundry in Hall
  • Dryer
  • Washer
  • Laundry Chute

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Detached Garage
  • Driveway

Outdoor Features

  • Spring on Lot
  • Covered Patio or Porch
  • Outbuilding

Schools

  • Metcalfe County Elementary And Middle School
  • Metcalfe County High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic System
  • Internet Available
  • Cable TV Available

Additional Features

  • Outside City Limits
  • Stables

Community Details

  • Horse Facilities

Listing and Financial Details

  • Assessor Parcel Number 007-00-00-009.00

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

29.64 Acres

Listing Details

  • Class: Residential/Farm
  • Type: Single Family
  • Style Of Home: Country
  • Estimated Above Ground Sq Ft: 1642
  • Estimated Year Built: 2010
  • Disability Access: None
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2010

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace Woodstove: Wood Stove, Wood-burning
  • Walls: Dry Wall
  • Appliances Equipment: Dryer, Security System, Smoke Detector(s), Washer
  • Floors: Carpet, Laminate, Vinyl
  • Windows Treatments: Blinds
  • Below Grade Bedrooms YN: No
  • Total Bedrooms: 2
  • Master Bedroom Level: Main
  • Master Bedroom Dimensions: 13.11x12.4
  • Bedroom 2 Level: Upper
  • Bathroom: Separate Shower
  • Number of Full Bathrooms in the Basement: 0
  • Number of Lower Level Full Bathrooms: 0
  • Number of Main Level Full Bathrooms: 1
  • Total Bathrooms: 1
  • Number Partial Bathrooms in the basement: 0
  • Number of Lower Level Partial Bathrooms: 0
  • Number of Main Level Partial Bathrooms: 0
  • Master Bath Room Level: None
  • Full Bathrooms: 1
  • Utility Room Bsmt: 0
  • Lower Level Utility Room: 0
  • Upper Level Utility Room: 0
  • Has Basement: Unfinished, Walk Out
  • Unfinished Basement Sq Ft: 960
  • Basement YN: Yes
  • Total Basement Sq Ft: 960
  • Dining Room Level: Main
  • Dining Rooms: Eat-in Kitchen
  • Family Room Level: Main
  • Kitchen: Dishwasher, Range Gas, Refrigerator, Self-Cleaning Oven
  • Kitchen Level: Main
  • Living Room Level: Main
  • Other 1 Description: Laundry Room
  • Other 2 Description: Bonus Room
  • Other2 Level: Upper
  • Other Rooms: Office
  • Total Fin Living Sapce: 1642

Exterior Features

  • Construction: Vinyl
  • Roofing: Shingles
  • ExteriorFeatures: Covered Front Porch, Out Building, Garden Area, Landscaping, Mature Trees, Pond(s), Stables, Trees
  • Fence: All/Perimeter, Chain Link, Woven Wire
  • Foundation: Block
  • Lake Property Features: None
  • Water Features: Spring

Garage/Parking

  • Garage Carport: Garage Detached
  • Garage Carport: No

Utilities

  • Water: County
  • Water Heater: Electric
  • Air Conditioner: Other-See Remarks
  • Heating: Forced Air
  • Sewer: Septic
  • Utility: Cable installed, Electric, Garbage-Private, Internet Cable, Propane Tank-Rented

Lot Info

  • Estimated Lot Size: 29.64
  • Deed Book Page: 168/621
  • Parcel Id Tax Id: 007-00-00-009.00

MLS Schools

  • Elementary School: Metcalfe County
  • Middle School: Metcalfe County
  • High School: Metcalfe County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
Jul 31, 2023
Sold by
Raper David Ray and Raper Mary Manier
Bought by
Dwight Colton J and Dwight Helen C
Seller's Agent
Melissa Thomas
Crye-Leike Executive Realty
Buyer's Agent
Josh Pierce
Keller Williams First Choice R
List Price
$550,000
Sold Price
$509,000
Premium/Discount to List
-$41,000
-7.45%
Views
70
Current Estimated Value
$422,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,169
Avg. Annual Appreciation
-6.55%
Original Mortgage
$434,000
Outstanding Balance
$422,092
Interest Rate
6.67%
Mortgage Type
VA
Estimated Equity
$739

Purchase Details

Closed on
Sep 15, 2006
Sold by
T & L Investments Inc
Bought by
Scucci Thomas Lawrence and Scucci Renee Louise
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Dwight Colton J $509,000 None Listed On Document
Dwight Colton J $509,000 None Listed On Document
Scucci Thomas Lawrence $95,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dwight Colton J $434,000
Closed Dwight Colton J $434,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2023 07/31/23 Sold $509,000 -7.5% $310 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $550,000 0.0% $335 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
12/07/2022 12/07/22 For Sale $550,000 +48.6% $335 / Sq Ft
03/30/2021 03/30/21 Sold $370,000 -3.9% $285 / Sq Ft View Prior Sale
01/29/2021 01/29/21 Pending -- -- --
01/04/2021 01/04/21 Price Changed $385,000 -3.8% $296 / Sq Ft
10/22/2020 10/22/20 For Sale $400,000 +1056.1% $308 / Sq Ft
05/01/2020 05/01/20 Sold $34,600 0.0% -- View Prior Sale
03/19/2020 03/19/20 For Sale $34,600 -- --
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

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
2025 $2,891 $331,600 $0 $0
2024 $3,404 $331,600 $0 $0
2023 $1,826 $224,600 $0 $0
2022 $2,315 $224,600 $0 $0
2021 $2,355 $224,600 $0 $0
2020 $1,330 $122,600 $0 $0
2019 $1,391 $126,300 $0 $0
2018 $1,103 $101,300 $0 $0
2017 $1,090 $101,300 $0 $0
2016 $1,045 $101,300 $0 $0
2015 -- $15,300 $15,300 $0
2013 -- $155,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

MLS Number: RA20225444

Real Estate Information Services (REALTOR® Association of Southern Kentucky)

APN: 007-00-00-009.00

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