NOT LISTED FOR SALE

5021 Jacks Creek Pike Lexington, KY 40515

Coletown Neighborhood

Estimated Value: $989,000

-- Bed
4 Baths
-- Sq Ft
83.66 Acres

Last Sold July 30, 2018

Last sale price $475,000

Est. 108% increase in value since last sale

Current estimated payment $5,901/month

18 Days on Market

Highlights

  • Waterfront
  • 83.66 Acre Lot
  • Level Lot
  • Squires Elementary School Rated A-
  • The pond is a source of water for the property
  • Farm

About This Home

As of July 2018

Back on the market and available again!! May be the cheapest farm land in Fayette County. This 83+ acres is located approx. 8 miles from Man-O-War Blvd, in an area of rural Southeast Fayette County that is experiencing strong growth. This property has had a past of tobacco, corn, and cattle production. Very rich soils that will support most any type of agricultural enterprise. There is a large pond on this property (Apx 5-6 Acres)that once served as a Pay Lake for the farmer/ owner. The pond will require some rehab but could provide a substantial water feature for this farm. It's big enough for your Sea-Doo. Many suitable building sites for your NEW Country Home. Division into 2 40+ acre tracts may be possible. Contact list agent for info and plat.

Last Agent to Sell the Property

Jim Broadwater

Bluegrass Menu Realty License #179680 Listed on: 02/02/2018

Last Buyer's Agent

Jack Foley

Jack Foley Realty, LLC License #198296

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,562

Lot Details

  • 83.66 Acre Lot
  • Waterfront
  • Vinyl Fence
  • Wire Fence
  • Level Lot
  • Cleared Lot
  • Property is zoned AR

Home Design

  • Farm

Schools

  • Squires Elementary School
  • Edythe J. Hayes Middle School
  • Henry Clay High School

Utilities

  • The pond is a source of water for the property
  • Phone Available

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38021740

Property Details

Property Type

Other

Est. Annual Taxes

$8,562

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Sub-Type: Farm
  • New Construction: No
  • Fencing:Wire: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Lot Size Area: 83.66
  • Possible Use: Residential, Recreational, Pasture, Horses, Cattle, Agricultural

Exterior Features

  • Fencing: Wire
  • List Price: 499000.0
  • Lot Features: Cleared, Gentle Sloping, Level, Waterfront

Utilities

  • Sewer: Other
  • Utilities: Electricity Available, Phone Available, Water Available
  • Water Source: Pond(s)

Schools

  • Elementary School: Squires
  • High School: Henry Clay
  • Middle or Junior School: Edythe J. Hayes

Lot Info

  • Topography: Gentle Sloping, Level, Cleared
  • Current Use: Recreational, Agricultural
  • Lot Size Acres: 83.66
  • Lot Size Sq Ft: 3644232.95
  • Parcel Number: 38021740

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2018
Closed on
Jul 31, 2018
Sold by
Payton Marcelle B Est
Bought by
Foley Thomas Sean and Foley Kristen C
Seller's Agent
Jim Broadwater
Bluegrass Menu Realty
Buyer's Agent
Jack Foley
Jack Foley Realty, LLC
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$989,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,000
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
Foley Thomas Sean $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foley Thomas Sean $1,025,000
Closed Foley Thomas Sean $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2018 07/30/18 Sold $475,000 0.0% --
02/20/2018 02/20/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $475,000 -- --
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 $8,562 $1,254,500 $0 $0
2023 $8,562 $1,254,500 $0 $0
2022 $5,498 $956,500 $0 $0
2021 $199 $476,500 $0 $0
2020 $401 $913,000 $0 $0
2019 $401 $913,000 $0 $0
2018 $401 $913,000 $0 $0
2017 $379 $36,300 $0 $0
2015 $240 $25,400 $0 $0
2014 $240 $25,400 $0 $0
2012 $240 $913,000 $913,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jim Broadwater

    Bluegrass Menu Realty

    (859) 533-7653

    1 in this area

    45 Total Sales

    Jim Broadwater
    Section Image
  • Jack Foley

    Buyer's Agent in 2018

    Jack Foley

    Jack Foley Realty, LLC

    (859) 221-4080

    1 in this area

    41 Total Sales

    Jack Foley
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1802031

ImagineMLS (Bluegrass REALTORS®)

APN: 38021740

Kentucky Fayette County Lexington 40515 Coletown

5021 Jacks Creek Pike, Lexington, KY

This home is located at 5021 Jacks Creek Pike, Lexington, KY 40515 since 02 February 2018 and is currently priced at $989,000. 5021 Jacks Creek Pike is a home located in Fayette County with nearby schools including Squires Elementary School, Edythe Jones Hayes Middle School, and Henry Clay 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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