NOT LISTED FOR SALE

505 S Mill St Lexington, KY 40508

Historic South Hill Neighborhood

Estimated Value: $920,325 - $1,018,000

5 Beds
4.5 Baths
5,100 Sq Ft
$192/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $640,000 $125 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,916/month

304 Days on Market

Highlights

  • Guest House
  • In Ground Pool
  • Double Oven
  • Lafayette High School Rated A
  • Fireplace in Primary Bedroom
  • In-Law or Guest Suite

About This Home

As of August 2013

Circa 1813, Dallam house has extensive updates, huge LR, DR, library, first floor master - incredible character soaring ceilings, polished, hardwoods, 2 english basement apartment, private back yard, beautifully landscaped with 12x24 gunite pool edged in imported stone, blue stone patio, brick walk, large covered porch runs most of the width of the house. New carpet on first floor bedroom and the upstairs. Apartments have separate entrances and could be used and guest quarters, mother-in-law suite or rented for additional income. New roof, HVAC and kitchen.

Last Agent to Sell the Property

Mina Mattone

Bluegrass Sotheby's International Realty License #199745 Listed on: 08/27/2012

Bluegrass Sotheby's International Realty

Co-Listed By

Mary Gardner Turner

Bluegrass Sotheby's International Realty License #201227

Bluegrass Sotheby's International Realty

Last Buyer's Agent

Mary Gardner Turner

Bluegrass Sotheby's International Realty License #201227

Bluegrass Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,330

Year Built

  • Built in 1815

Lot Details

  • Privacy Fence
  • Irrigation Equipment

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Masonry

Interior Spaces

  • Ceiling Fan
  • Fireplace Features Masonry
  • Blinds
  • Window Screens
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Utility Room
  • Tile Flooring
  • Attic Fan
  • Storm Windows

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Sump Pump
  • Fireplace in Basement

Schools

  • Ashland Elementary School
  • Morton Middle School
  • Henry Clay High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heat Pump System

Additional Features

  • In Ground Pool
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 17173500.

Community Details

Overview

  • South Hill Subdivision

Recreation

  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,330

Year Built

Built in 1815

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1815
  • Above Grade Finished Sq Ft: 3300.0
  • Levels: One and One Half
  • New Construction: No
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Other Equipment:Irrigation Equipment: Yes
  • Appliances Refrigerators: Yes
  • Fencing:Privacy: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Percent Basement Finished: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Cooling:Attic Fan: Yes
  • Other Structures:Guest House: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, In-Law Floorplan, Primary Downstairs
  • Flooring: Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Basement: Finished, Partial, Sump Pump, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1800.0
  • Fireplace Features: Basement, Dining Room, Family Room, Kitchen, Living Room, Masonry, Primary Bedroom
  • Fireplace: Yes
  • LivingArea: 5100.0
  • Other Equipment: Irrigation Equipment
  • Window Features: Blinds, Screens, Storm Window(s)
  • Appliances Dishwasher: Yes
  • Appliances:Double Oven: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Basement:Partial: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Basement:Sump Pump: Yes
  • Fireplace Features:Primary Bedroom: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Solid Masonry
  • Fencing: Privacy
  • Foundation Details: Stone
  • List Price: 725000.0
  • Lot Features: Many Trees
  • Other Structures: Guest House
  • Patio And Porch Features: Deck
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront: No
  • Window Features:Blinds: Yes
  • Window Features:Screens: Yes
  • Construction Materials:Solid Masonry: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached Garage, Garage Door Opener, Garage Faces Rear, Off Street

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Cooling: Attic Fan, Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security Features: Security System Owned
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Park, Pool

Schools

  • Elementary School: Ashland
  • High School: Henry Clay
  • Middle or Junior School: Morton

Lot Info

  • Parcel Number: 17173500.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2012
Closed on
Sep 3, 2013
Sold by
Ballard Jack H
Bought by
Saykaly Ronal J and Hamilton Jacqueline
Seller's Agent
Mina Mattone
Bluegrass Sotheby's International Realty
Buyer's Agent
Mary Gardner Turner
Bluegrass Sotheby's International Realty
List Price
$640,000
Sold Price
$640,000
Current Estimated Value
$980,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,108
Avg. Annual Appreciation
3.60%
Source: Public Records

Range of Values:

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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
Saykaly Ronal J $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballard Jack H $100,800
Previous Owner Ballard Jack H $417,000
Previous Owner Ballard Jack H $200,000
Previous Owner Ballard Ii Jack H $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $640,000 0.0% $125 / Sq Ft
06/27/2013 06/27/13 Pending -- -- --
08/27/2012 08/27/12 For Sale $640,000 -- $125 / 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 $8,330 $720,000 $0 $0
2023 $8,409 $680,000 $0 $0
2022 $8,686 $680,000 $0 $0
2021 $8,686 $680,000 $0 $0
2020 $8,686 $680,000 $0 $0
2019 $8,686 $680,000 $0 $0
2018 $8,206 $680,000 $0 $0
2017 $7,821 $680,000 $0 $0
2015 $3,805 $640,000 $0 $0
2014 $3,805 $640,000 $0 $0
2012 $3,805 $340,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mina Mattone

    Seller's Agent in 2013

    Mina Mattone

    Bluegrass Sotheby's International Realty

    (859) 293-7190

    4 in this area

    106 Total Sales

    Mina Mattone
    Section Image

  • M

    Seller Co-Listing Agent in 2013

    Mary Gardner Turner

    Bluegrass Sotheby's International Realty

    (859) 268-0099

    19 Total Sales

    Mary Gardner Turner
    Section Image
See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1216382

ImagineMLS (Bluegrass REALTORS®)

APN: 17173500

Kentucky Fayette County Lexington 40508 Historic South Hill

505 S Mill St, Lexington, KY

This home is located at 505 S Mill St, Lexington, KY 40508 since 27 August 2012 and is currently estimated at $980,108, approximately $192 per square foot. This property was built in 1815. 505 S Mill St is a home located in Fayette County with nearby schools including Harrison Elementary School, Lexington Traditional Magnet School, and Lafayette 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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