NOT LISTED FOR SALE

500 Paynes Depot Rd Lexington, KY 40511

Paynes Depot Neighborhood

Estimated Value: $746,000 - $3,259,000

147 Acres
$14,701 Price per Acre
6,403,320 Sq Ft Lot

Last Sold December 12, 2022

Last sale price $2,900,000 $2,788 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $12,064/month

25 Days on Market

About This Lot

As of December 2022

We are pleased to offer this wonderfully located 147 acre Farm/Estate known as Halleywood Farm for sale. The grounds are graced by the circa 1848 Halleywood House, a 4,500 square foot Greek Revival residence situated in the middle of the property, which ensures great views and personal privacy. Property amenities include two barns with a total of usable 23 stalls, a recently renovated large vehicle equipment storage building with concrete floor, a charming two room brick building that could be a guest house or office, a new 30x50 metal storage building with 1/2 bath and a very practical and useful 3 bedroom managers residence. While this property is well located in Scott County KY, it is only minutes from both Fayette and Woodford Counties and less than a mile to Interstate 64, supplying easy access to Lexington, Frankfort, Louisville and 5 minutes to Midway, KY.
This is an outstanding opportunity to purchase prominent property in the very center of the Bluegrass!

Last Agent to Sell the Property

Tom Biederman

Biederman Real Estate License #186255 Listed on: 07/06/2022

Last Buyer's Agent

Tom Biederman

Biederman Real Estate License #186255 Listed on: 07/06/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,743

Lot Details

  • 147 Acre Lot
  • Level Lot

Bedrooms and Bathrooms

  • 2 Bathrooms

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 117-00-003.000

Property Details

Property Type

Land

Est. Annual Taxes

$3,743

Lot Details

0

Listing Details

  • Property Type: Land
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Total Bathrooms: 2
  • Lot Size Area: 147.0

Exterior Features

  • List Price: 3100000.0
  • Lot Features: Level

Utilities

  • Utilities: Electricity Connected, Water Connected

Lot Info

  • Topography: Level
  • Lot Dimensions: 2100' x 3000'
  • Lot Size Acres: 147.0
  • Lot Size Sq Ft: 6403320.0
  • Parcel Number: 117-00-003.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2013
Closed on
Jul 2, 2014
Sold by
Clinkinbeard Edward H and Clinkinbeard Tracy
Bought by
Halleywood Farm Llc
Seller's Agent
Tom Biederman
Biederman Real Estate
Buyer's Agent
Bill Justice
Justice Real Estate
List Price
$2,020,000
Sold Price
$2,020,000
Current Estimated Value
$2,161,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,047
Avg. Annual Appreciation
0.61%
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
Halleywood Farm Llc $2,020,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2022 12/12/22 Sold $2,900,000 -6.5% $2,788 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $3,100,000 +53.5% $2,981 / Sq Ft
07/02/2014 07/02/14 Sold $2,020,000 0.0% $449 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
10/16/2013 10/16/13 For Sale $2,020,000 -- $449 / 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 $3,743 $2,323,765 $0 $0
2023 $13,823 $1,524,528 $94,528 $1,430,000
2022 $7,027 $826,464 $80,064 $746,400
2021 $7,640 $871,164 $681,264 $189,900
2020 $7,420 $863,598 $72,498 $791,100
2019 $7,455 $854,098 $0 $0
2018 $7,412 $854,098 $0 $0
2017 $7,352 $843,098 $0 $0
2016 $6,752 $838,576 $0 $0
2015 $6,661 $832,576 $0 $0
2014 $4,362 $570,834 $0 $0
2011 $4,109 $565,244 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Biederman

    Seller's Agent in 2022

    Tom Biederman

    Biederman Real Estate

    (859) 312-0606

    6 in this area

    94 Total Sales

    Tom Biederman
    Section Image
  • Bill Justice

    Buyer's Agent in 2014

    Bill Justice

    Justice Real Estate

    (859) 255-3657

    2 in this area

    68 Total Sales

    Bill Justice
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22014642

ImagineMLS (Bluegrass REALTORS®)

APN: 117-00-003.000

Kentucky Scott County Lexington 40511 Paynes Depot

500 Paynes Depot Rd, Lexington, KY

This home is located at 500 Paynes Depot Rd, Lexington, KY 40511 since 06 July 2022 and is currently estimated at $2,161,047, approximately $2,077 per square foot. 500 Paynes Depot Rd is a home located in Scott County with nearby schools including Western Elementary School, Creekside Elementary School, and Royal Spring Middle 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.

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