NOT LISTED FOR SALE

530 Wheat School Rd Salvisa, KY 40372

Estimated Value: $346,000 - $527,000

3 Beds
1 Bath
1,762 Sq Ft
$250/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $445,000 $253 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,457/month

303 Days on Market

Highlights

  • Barn
  • Colonial Architecture
  • Rural View
  • 25 Acre Lot
  • Wood Burning Stove
  • Bonus Room

About This Home

As of May 2024

Looking for that perfect farm? Or a place to build your dream home? Enjoy the scenery of country living in the original farmhouse on 25 acres and only a five minutes drive off 127! This property has beautiful views from various directions from horses to trees to trains! It also has two ponds, an old smokehouse, an equipment shed/lean-to, shed and an old barn, which has electricity inside. The farmhouse has three bedrooms, one bath with two living rooms plus a dining room. Conveniently located within 30 minutes of Lexington and Frankfort, 10 minutes from Versailles, and one hour to Louisville. This could also be the perfect place to add an additional home!

Last Agent to Sell the Property

Tiffany Hart-Bolton

Bluegrass Properties Group License #221636 Listed on: 03/26/2024

Last Buyer's Agent

Ryan Arnett

United Real Estate Bluegrass License #242442

United Real Estate Bluegrass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,307

Lot Details

  • 25 Acre Lot
  • Property has an invisible fence for dogs
  • Partially Fenced Property

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,762 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Insulated Windows
  • Blinds
  • Insulated Doors
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Rural Views

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • 4 Carport Spaces
  • Driveway

Schools

  • Mercer Co Elementary And Middle School
  • Mercer Co High School

Utilities

  • Cooling Available
  • Heating System Powered By Leased Propane
  • Septic Tank

Additional Features

  • Accessible Approach with Ramp
  • Porch
  • Barn

Community Details

  • Rural Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,307

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Colonial
  • Structure Type: House
  • Year Built: 9999
  • Above Grade Finished Sq Ft: 1762.0
  • Levels: One and One Half
  • New Construction: No
  • Structure Type:House: Yes
  • Flooring:Carpet: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • Appliances Refrigerators: Yes
  • View:Rural: Yes
  • Fencing:Partial2: Yes
  • Roof:Shingle: Yes
  • Other Structures:Barn(s): Yes
  • Architectural Style:Colonial: Yes
  • Fencing:Invisible: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Primary Downstairs
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Accessibility Features: Accessible Approach with Ramp
  • Basement: No
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • LivingArea: 1762.0
  • Lot Size Area: 25.0
  • Window Features: Blinds, Insulated Windows
  • Appliances Dishwasher: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Roof: Metal, Shingle
  • Construction Materials: Vinyl Siding
  • Fencing: Invisible, Partial
  • Foundation Details: Stone
  • List Price: 449000.0
  • Other Structures: Barn(s), Shed(s), Other
  • Patio And Porch Features: Deck, Porch
  • Pool Private: No
  • View: Farm, Rural, Trees/Woods
  • View YN: Yes
  • Waterfront: No
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Accessibility Features:Accessible Approach with Ramp: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 4.0
  • Carport: Yes
  • Garage: No
  • Parking Features: Driveway
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Propane Tank Leased, Wood Stove
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Utilities: Electricity Connected, Propane Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Sewer Septic Tank: Yes
  • Heating:Propane Tank Leased: Yes
  • Heating:Wood Stove: Yes

Schools

  • Elementary School: Mercer Co
  • High School: Mercer Co
  • Middle or Junior School: Mercer Co

Lot Info

  • Lot Size Acres: 25.0
  • Lot Size Sq Ft: 1089000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
May 3, 2024
Sold by
Anderson Patrick Ryan
Bought by
Maldonado Demetrio Vazquez and Vazquez-Cruz Teresa
Seller's Agent
Tiffany Hart-Bolton
Bluegrass Properties Group
Buyer's Agent
Ryan Arnett
United Real Estate Bluegrass
List Price
$449,000
Sold Price
$445,000
Premium/Discount to List
-$4,000
-0.89%
Views
6
Current Estimated Value
$440,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,248
Avg. Annual Appreciation
-0.70%
Original Mortgage
$335,000
Outstanding Balance
$331,289
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$109,463
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
Maldonado Demetrio Vazquez $445,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maldonado Demetrio Vazquez $335,000
Previous Owner Anderson Patrick Ryan $248,000
Previous Owner Chilton William M $65,957
Previous Owner Chilton William M $39,621
Previous Owner Chilton William M $41,777
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $445,000 -0.9% $253 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
03/26/2024 03/26/24 For Sale $449,000 +0.9% $255 / Sq Ft
03/20/2024 03/20/24 Off Market $445,000 -- --
02/23/2024 02/23/24 Price Changed $449,000 -2.2% $255 / Sq Ft
02/20/2024 02/20/24 For Sale $459,000 +3.1% $260 / Sq Ft
02/19/2024 02/19/24 Off Market $445,000 -- --
02/07/2024 02/07/24 Price Changed $459,000 -1.7% $260 / Sq Ft
01/31/2024 01/31/24 Price Changed $466,990 -0.6% $265 / Sq Ft
01/11/2024 01/11/24 Price Changed $469,990 -6.0% $267 / Sq Ft
12/19/2023 12/19/23 For Sale $500,000 +12.4% $284 / Sq Ft
12/06/2023 12/06/23 Off Market $445,000 -- --
10/06/2023 10/06/23 Price Changed $500,000 -9.1% $284 / Sq Ft
06/07/2023 06/07/23 For Sale $550,000 +121.8% $312 / Sq Ft
10/29/2020 10/29/20 Sold $248,000 -6.4% $121 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $265,000 +15.2% $130 / Sq Ft
10/06/2017 10/06/17 Sold $230,000 0.0% $110 / Sq Ft
07/02/2017 07/02/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $230,000 -- $110 / 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 $1,307 $155,712 $7,712 $148,000
2023 $1,319 $155,712 $0 $0
2022 $1,361 $155,712 $0 $0
2021 $1,370 $155,712 $0 $0
2020 $958 $80,898 $7,712 $73,186
2019 $972 $80,898 $7,712 $73,186
2018 $951 $80,898 $0 $0
2017 $583 $88,977 $0 $0
2016 $539 $85,251 $0 $0
2015 $533 $79,603 $6,417 $73,186
2010 -- $79,603 $6,417 $73,186
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Tiffany Hart-Bolton

    Bluegrass Properties Group

  • Ryan Arnett

    Buyer's Agent in 2024

    Ryan Arnett

    United Real Estate Bluegrass

    (859) 398-3305

    49 Total Sales

    Ryan Arnett
    Section Image
  • Jackie Nickell

    Seller's Agent in 2020

    Jackie Nickell

    Century 21 Commonwealth Real Estate

    (502) 545-1323

    149 Total Sales

    Jackie Nickell
    Section Image

  • A

    Seller's Agent in 2017

    Autumn Boblitt

    Lois Ann Disponett Real Est

  • Todd Hyatt

    Seller Co-Listing Agent in 2017

    Todd Hyatt

    Lois Ann Disponett Real Est

    (502) 418-7410

    286 Total Sales

    Todd Hyatt
    Section Image

  • R

    Buyer's Agent in 2017

    Robert J Gates

    Keller Williams Commonwealth

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23010472

ImagineMLS (Bluegrass REALTORS®)

APN: 041.00-00106.00

Kentucky Mercer County Salvisa 40372

530 Wheat School Rd, Salvisa, KY

This home is located at 530 Wheat School Rd, Salvisa, KY 40372 since 26 March 2024 and is currently estimated at $440,752, approximately $250 per square foot. 530 Wheat School Rd is a home located in Mercer County with nearby schools including Mercer County Elementary School, Mercer County Intermediate School, and King Middle 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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