M
Seller's Agent in 2020
Michael Prather
Keller Williams Commonwealth
505 Craig Ln Georgetown, KY 40324
Estimated Value: $623,000 - $718,000
3
Beds
2
Baths
2,835
Sq Ft
$238/Sq Ft
Est. Value
Highlights
- Guest House
- Fireplace in Primary Bedroom
- Secluded Lot
- Horses Allowed On Property
- Deck
- Wooded Lot
About This Home
As of March 2020One of a kind custom built log home sitting on five acres on coveted Craig Lane! Fantastic location to get to downtown Georgetown, Lexington, Midway and Frankfort all within 10-20 minutes. Geothermal heating and cooling for incredible energy efficiency, this well maintained retreat has two stone wood-burning fireplaces w/ one in first floor master bedroom and the other is focal point of two-story great room as it's massive! Spacious kitchen with large island and dining area boasts gorgeous views out both the front and back of home. Another full bathroom on main level to complement two additional guest bedrooms upstairs. Outside you'll find a 16-20 person built-in dining table under roof perfect for outdoor entertaining and celebrations! There's a one bedroom/one full bath guest house complete with living room and full kitchen. Attached to guest house is three car garage & separate well laid-out workshop. Super private grounds overlooking farmland for amazing views and sunsets!
Last Agent to Sell the Property
Michael Prather
Keller Williams Commonwealth License #208882 Listed on: 10/25/2019
Co-Listed By
Katy Prather
Keller Williams Commonwealth
Home Details
Home Type
- Single Family
Year Built
- Built in 1990
Lot Details
- 5.58 Acre Lot
- Secluded Lot
- Wooded Lot
- Many Trees
Parking
- 3 Car Detached Garage
- Rear-Facing Garage
- Off-Street Parking
Home Design
- Dimensional Roof
- Log Siding
Interior Spaces
- 1.5-Story Property
- Wood Burning Fireplace
- Fireplace Features Masonry
- Insulated Windows
- Insulated Doors
- Entrance Foyer
- Great Room with Fireplace
- Dining Room
- Home Office
- Utility Room
- Wood Flooring
- Crawl Space
- Attic Access Panel
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- In-Law or Guest Suite
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Washer and Gas Dryer Hookup
Schools
- Western Elementary School
- Scott Co Middle School
- Great Crossing High School
Utilities
- Cooling Available
- Geothermal Heating and Cooling
- Electric Water Heater
- Septic Tank
Additional Features
- Deck
- Guest House
- Horses Allowed On Property
Community Details
- Rural Subdivision
Listing and Financial Details
- Assessor Parcel Number 087-10-001.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2019
Closed on
Mar 6, 2020
Sold by
Neal Stephen E and Estate Of William Earle Gorman
Bought by
Oliphant Tanner and Oliphant Jill
Seller's Agent
Michael Prather
Keller Williams Commonwealth
Buyer's Agent
Linda Willson
Homes & Horse Farms Real Estate
List Price
$475,000
Sold Price
$437,500
Premium/Discount to List
-$37,500
-7.89%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,723
Avg. Annual Appreciation
7.75%
Original Mortgage
$402,500
Outstanding Balance
$356,471
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$318,083
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Oliphant Tanner | $437,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Oliphant Tanner | $402,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/06/2020 03/06/20 | Sold | $437,500 | -7.9% | $154 / Sq Ft |
| 02/06/2020 02/06/20 | Pending | -- | -- | -- |
| 10/24/2019 10/24/19 | For Sale | $475,000 | -- | $168 / Sq Ft |
Source: ImagineMLS (Bluegrass REALTORS®)
Tax History Compared to Growth
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 | $4,038 | $449,000 | $0 | $0 |
| 2023 | $3,967 | $437,500 | $125,000 | $312,500 |
| 2022 | $3,720 | $437,500 | $125,000 | $312,500 |
| 2021 | $3,837 | $437,500 | $110,000 | $327,500 |
| 2020 | $3,199 | $372,300 | $90,000 | $282,300 |
| 2019 | $2,409 | $372,300 | $0 | $0 |
| 2018 | $2,410 | $315,265 | $0 | $0 |
| 2017 | $2,421 | $315,265 | $0 | $0 |
| 2016 | $2,161 | $305,265 | $0 | $0 |
| 2015 | $2,139 | $267,400 | $0 | $0 |
| 2014 | $2,050 | $268,325 | $0 | $0 |
| 2011 | $1,965 | $270,325 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
K
Seller Co-Listing Agent in 2020
Katy Prather
Keller Williams Commonwealth
-
Linda Willson
L
Buyer's Agent in 2020
Linda Willson
Homes & Horse Farms Real Estate
(859) 338-7925
38 Total Sales
Map
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 1924820
APN: 087-10-001.000
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