NOT LISTED FOR SALE

523 Fall Lick Rd Lancaster, KY 40444

Estimated Value: $244,000 - $320,000

3 Beds
2 Baths
1,304 Sq Ft
$212/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $255,000 $196 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,609/month

152 Days on Market

Highlights

  • Barn
  • 2.17 Acre Lot
  • Wooded Lot
  • Stables
  • Secluded Lot
  • Ranch Style House

About This Home

As of November 2024

NEW HVAC! Find peace in this brick, ranch home on 2.17 gorgeous acres! Step onto the inviting covered front porch and into the generous living room. The eat-in kitchen offers an amazing view of the backyard. From the kitchen step out to covered patio perfect for relaxing and entertaining. Behind the home is a well-kept barn with stalls as well as a shed. Home warranty provided by sellers.

Last Agent to Sell the Property

Maggie Wells

Real Broker, LLC License #221726 Listed on: 10/01/2024

Real Broker, LLC

Last Buyer's Agent

Nika Trowbridge

RE/MAX Creative Realty License #218910

RE/MAX Creative Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 2.17 Acre Lot
  • Wood Fence
  • Wire Fence
  • Secluded Lot
  • Wooded Lot

Home Design

  • Ranch Style House
  • Brick Veneer
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,304 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Neighborhood Views
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Driveway

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Lancaster Elementary School
  • Garrard Co Middle School
  • Garrard Co High School

Farming

  • Barn

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Baseboard Heating

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 35-46

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Structure Type: House
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 1304.0
  • Levels: One
  • New Construction: No
  • Structure Type:House: Yes
  • View:Neighborhood: Yes
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Architectural Style:Ranch: Yes
  • Foundation Details:Block3: Yes
  • Flooring:Laminate: Yes
  • Appliances Refrigerators: Yes
  • Fencing:Wood2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Other Structures:Barn(s): Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Primary Downstairs
  • Flooring: Carpet, Laminate, Wood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: No
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace: No
  • LivingArea: 1304.0
  • Lot Size Area: 2.17
  • Window Features: Blinds, Screens
  • Appliances Range: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Brick Veneer
  • Fencing: Wood
  • Foundation Details: Block
  • Horse: Yes
  • List Price: 250000.0
  • Lot Features: Secluded, Wooded
  • Other Structures: Barn(s), Shed(s), Stable(s)
  • Patio And Porch Features: Patio, Porch
  • Pool Private: No
  • View: Neighborhood
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Screens: Yes
  • Exterior Features:Storm Door(s): Yes
  • Lot Features:Secluded: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Carport: Yes
  • Garage: No
  • Parking Features: Driveway
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard, Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Baseboard: Yes

Schools

  • Elementary School: Lancaster
  • High School: Garrard Co
  • Middle or Junior School: Garrard Co

Lot Info

  • Lot Size Acres: 2.17
  • Lot Size Sq Ft: 94525.0
  • Parcel Number: 35-46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Sep 7, 2022
Sold by
Buchanan Lainhart Nancy
Bought by
Hill Austin and Hill Haley
Seller's Agent
Summer Baker
RE/MAX Elite Lexington
Buyer's Agent
Maggie Wells
Keller Williams Bluegrass Realty
List Price
$205,000
Sold Price
$210,000
Premium/Discount to List
$5,000
2.44%
Views
27
Current Estimated Value
$267,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,221
Avg. Annual Appreciation
8.50%
Original Mortgage
$210,000
Outstanding Balance
$199,617
Interest Rate
4.99%
Mortgage Type
VA
Estimated Equity
$77,279
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hill Austin $210,000 --
Hill Austin $210,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Austin $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2024 11/01/24 Sold $255,000 +2.0% $196 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
10/01/2024 10/01/24 Price Changed $250,000 0.0% $192 / Sq Ft
10/01/2024 10/01/24 For Sale $250,000 -2.0% $192 / Sq Ft
09/26/2024 09/26/24 Off Market $255,000 -- --
09/05/2024 09/05/24 Price Changed $245,000 -2.0% $188 / Sq Ft
08/17/2024 08/17/24 For Sale $250,000 -2.0% $192 / Sq Ft
07/03/2024 07/03/24 Off Market $255,000 -- --
06/15/2024 06/15/24 For Sale $255,000 0.0% $196 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $255,000 +21.4% $196 / Sq Ft
09/08/2022 09/08/22 Sold $210,000 +2.4% -- View Prior Sale
08/07/2022 08/07/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $205,000 -- --
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
2025 $2,648 $250,000 $45,000 $205,000
2024 $2,648 $210,000 $45,000 $165,000
2023 $2,235 $210,000 $45,000 $165,000
2022 $547 $90,000 $25,000 $65,000
2021 $558 $90,000 $25,000 $65,000
2020 $570 $90,000 $25,000 $65,000
2019 $516 $85,000 $25,000 $60,000
2018 $535 $85,000 $25,000 $60,000
2017 $533 $85,000 $25,000 $60,000
2016 $531 $85,000 $25,000 $60,000
2012 $549 $85,000 $25,000 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24009574

ImagineMLS (Bluegrass REALTORS®)

APN: 35-46