NOT LISTED FOR SALE

516 Peachtree Rd Nicholasville, KY 40356

Northeast Nicholasville Neighborhood

Estimated Value: $216,000 - $236,000

1 Bed
2 Baths
1,100 Sq Ft
$208/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $191,000 $174 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,516/month

2 Days on Market

Highlights

  • Private Water Access
  • Lake View
  • Deck
  • Private Pool
  • Waterfront
  • Bonus Room

About This Home

As of November 2023

Welcome to Lake of the Orchard, a spectacular townhouse with a beautiful lake view right inside the city! This spacious one bedroom plus a loft or can be used as a second bedroom and one car garage has many updates including new LVP flooring, paint, kitchen countertops and more. Two full bathrooms, fireplace, double decks overlooking a large lake, dining area and spacious living room area with a fireplace. There is also a pantry for extra storage, storage room upstairs and a walk-in closet. The Lake of Orchard offers a pool, tennis court and walking trail around the Lake. Walking distance to Lake Mingo Park and an easy 12-minute commute to Lexington.

Last Agent to Sell the Property

Erika Beatty

Plum Tree Realty License #252126 Listed on: 11/02/2023

Plum Tree Realty

Last Buyer's Agent

Rebecca Steele

Rock N' Realty LLC License #276572

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,009

Year Built

  • Built in 1984

Lot Details

  • Waterfront

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Block Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Bonus Room
  • Lake Views
  • Crawl Space

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Private Pool
  • Private Water Access
  • Deck

Schools

  • Red Oak Elementary School
  • East Jessamine Middle School
  • East Jess High School

Utilities

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

Listing and Financial Details

  • The owner pays for management, pool maintenance
  • Assessor Parcel Number 057-40-11-078.00

Community Details

Overview

  • Association fees include snow removal
  • Orchard Subdivision
  • On-Site Maintenance

Recreation

  • Tennis Courts
  • Community Pool
  • Snow Removal

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,009

Year Built

Built in 1984

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Townhouse
  • Year Built: 1984
  • Above Grade Finished Sq Ft: 1100.0
  • Levels: Two
  • New Construction: No
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • LivingArea: 1100.0
  • Owner Pays: Management, Pool Maintenance
  • Fireplace Features:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Wood Siding
  • Foundation Details: Block
  • List Price: 191000.0
  • Patio And Porch Features: Deck
  • Pool Private: Yes
  • View: Lake
  • View YN: Yes
  • Water Body Name: Other
  • Waterfront: Yes
  • View:Lake: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: Yes
  • Parking Features: Attached Garage, Driveway
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Heat Pump, Natural Gas
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Pool, Tennis Court(s)

Fee Information

  • Association Fee Includes: Snow Removal

Schools

  • Elementary School: Red Oak
  • High School: East Jess HS
  • Middle or Junior School: East Jessamine Middle School

Lot Info

  • Parcel Number: 057-40-11-078.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Nov 29, 2023
Sold by
Erika Ky Homes Llc
Bought by
Hurst Lisa
Seller's Agent
Erika Beatty
Plum Tree Realty
Buyer's Agent
Rebecca Steele
Rock N' Realty LLC
List Price
$191,000
Sold Price
$191,000
Views
26
Current Estimated Value
$229,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,122
Avg. Annual Appreciation
10.00%
Original Mortgage
$171,900
Outstanding Balance
$169,186
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$59,936

Purchase Details

Closed on
Mar 20, 2020
Sold by
Danheiser Paul
Bought by
Napier Ronnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
3.4%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
Hurst Lisa $191,000 Clear Title
Hurst Lisa $191,000 Clear Title
Napier Ronnie L $117,000 Executive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurst Lisa $171,900
Closed Hurst Lisa $171,900
Previous Owner Napier Ronnie L $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2023 11/29/23 Sold $191,000 0.0% $174 / Sq Ft
11/05/2023 11/05/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $191,000 -- $174 / 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 $2,009 $191,000 $30,000 $161,000
2023 $846 $126,000 $10,500 $115,500
2022 $159 $126,000 $10,500 $115,500
2021 $159 $126,000 $10,500 $115,500
2020 $234 $126,000 $10,500 $115,500
2019 $234 $126,000 $10,500 $115,500
2018 $214 $115,000 $10,000 $105,000
2017 $214 $115,000 $10,000 $105,000
2016 $787 $115,000 $10,000 $105,000
2015 $787 $115,000 $10,000 $105,000
2014 $733 $110,000 $10,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • Erika Beatty

    Seller's Agent in 2023

    Erika Beatty

    Plum Tree Realty

    (859) 553-5249

    7 in this area

    107 Total Sales

    Erika Beatty
    Section Image

  • R

    Buyer's Agent in 2023

    Rebecca Steele

    Rock N' Realty LLC

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23021201

ImagineMLS (Bluegrass REALTORS®)

APN: 057-40-11-078.00

Kentucky Jessamine County Nicholasville 40356 Northeast Nicholasville

516 Peachtree Rd, Nicholasville, KY

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