Seller's Agent in 2021
Judy Rola
Kentucky Real Estate Group
(859) 421-5839
1 in this area
13 Total Sales
506 Chandamere Way Nicholasville, KY 40356
Estimated Value: $1,870,835 - $2,052,000
5
Beds
7
Baths
10,652
Sq Ft
$185/Sq Ft
Est. Value
Highlights
- Horses Allowed On Property
- Home Theater
- Recreation Room with Fireplace
- West Jessamine Middle School Rated A-
- 5 Acre Lot
- Wooded Lot
About This Home
As of October 2021Inspired by the architecture of Frank Lloyd Wright, this opulent, Mediterranean estate is tucked away in the heart of the Bluegrass. Experience over 10,000 sq ft of meticulously designed spaces as this mansion blurs the lines between indoor and outdoor living. It magically blends 3400 sq ft of outdoor spaces with courtyards, terraces, and patios with open living space. The majestic entrance feels like a palace entry way. If you enjoy starting your day inspired, this open-design, master bedroom suite flows from a hallway of walk-in closets through a luxurious bedroom, enhanced bathroom to the patio overlooking the lush landscape. Wake up in the morning and drink your coffee as you breathe in the best of nature and the captivating pond before your eyes. The gourmet kitchen includes a butler's pantry separated by 250 gallon salt water aquarium above reinforced floors, in addition to a breakfast area and large, center island you will enjoy entertaining family/friends this below-ground floor is complete with a game room, gym, billiards room, theatre and more. If security is your concern, this luxurious home provides a spacious, hidden, safe room. There is none quite like it.
Last Agent to Sell the Property
Kentucky Real Estate Group License #195324 Listed on: 05/06/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,779
Year Built
- Built in 2007
Lot Details
- 5 Acre Lot
- Wooded Lot
HOA Fees
- $29 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Side Facing Garage
- Garage Door Opener
Home Design
- Brick Veneer
- Dimensional Roof
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1.5-Story Property
- Wet Bar
- Central Vacuum
- Home Theater Equipment
- Ceiling Fan
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Insulated Windows
- Blinds
- Window Screens
- Insulated Doors
- Entrance Foyer
- Family Room with Fireplace
- Great Room with Fireplace
- Dining Room with Fireplace
- Home Theater
- Home Office
- Recreation Room with Fireplace
- Bonus Room
- Utility Room
- Attic Access Panel
- Security System Owned
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Double Oven
- Cooktop
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Soaking Tub
Laundry
- Laundry on main level
- Washer and Electric Dryer Hookup
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
Outdoor Features
- Patio
- Outdoor Fireplace
- Porch
Schools
- Wilmore Elementary School
- West Jessamine Middle School
- West Jess High School
Horse Facilities and Amenities
- Horses Allowed On Property
Utilities
- Zoned Heating and Cooling
- Heating System Powered By Owned Propane
- Vented Exhaust Fan
- Geothermal Heating and Cooling
- Propane
- Electric Water Heater
- Septic Tank
Community Details
- Chandamere Subdivision
- Mandatory home owners association
- On-Site Maintenance
Listing and Financial Details
- Assessor Parcel Number 021-00-00-018.08
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 30, 2023
Sold by
Rose Dan M
Bought by
Peterson Charity Gail
Current Estimated Value
Purchase Details
Listed on
May 6, 2021
Closed on
Oct 18, 2021
Sold by
Rutherford Cecil L and Rutherford Tracy J
Bought by
Day Michael D and Day Jacalyn S
Seller's Agent
Judy Rola
Kentucky Real Estate Group
Buyer's Agent
Melinda Duncan
RE/MAX Creative Realty
List Price
$1,775,000
Sold Price
$1,550,000
Premium/Discount to List
-$225,000
-12.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$1,239,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 2, 2005
Sold by
Chandamere Development Llc
Bought by
Rutherford Cecil L and Rutherford Tracy J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,400
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Peterson Charity Gail | $275,000 | None Listed On Document | |
| Day Michael D | $1,550,000 | Boston National Title | |
| Rutherford Cecil L | $149,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Day Michael D | $1,239,000 | |
| Previous Owner | Rutherford Cecil L | $140,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/18/2021 10/18/21 | Sold | $1,550,000 | -12.7% | $146 / Sq Ft |
| 09/03/2021 09/03/21 | Pending | -- | -- | -- |
| 05/06/2021 05/06/21 | For Sale | $1,775,000 | -- | $167 / 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 |
|---|---|---|---|---|
| 2025 | $17,779 | $1,550,000 | $175,000 | $1,375,000 |
| 2024 | $17,856 | $1,550,000 | $140,000 | $1,410,000 |
| 2023 | $17,329 | $1,550,000 | $140,000 | $1,410,000 |
| 2022 | $17,355 | $1,550,000 | $140,000 | $1,410,000 |
| 2021 | $11,237 | $1,000,000 | $140,000 | $860,000 |
| 2020 | $8,998 | $800,000 | $140,000 | $660,000 |
| 2019 | $8,894 | $800,000 | $140,000 | $660,000 |
| 2018 | $8,888 | $800,000 | $140,000 | $660,000 |
| 2017 | $7,526 | $800,000 | $140,000 | $660,000 |
| 2016 | $7,526 | $710,000 | $120,000 | $590,000 |
| 2015 | $7,526 | $710,000 | $120,000 | $590,000 |
| 2014 | $7,405 | $710,000 | $120,000 | $590,000 |
Source: Public Records
Agents Affiliated with this Home
-
Judy Rola
-
Melinda Duncan
Buyer's Agent in 2021
Melinda Duncan
RE/MAX
(859) 396-9034
2 in this area
191 Total Sales
Map
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 20108351
APN: 021-00-00-018.08
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