NOT LISTED FOR SALE

540 Cave Spring Rd Nicholasville, KY 40356

Estimated Value: $1,592,000 - $2,024,000

4 Beds
4 Baths
5,338 Sq Ft
$326/Sq Ft Est. Value

Last Sold November 14, 2024

Last sale price $1,580,000 $296 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,464/month

2 Days on Market

Highlights

  • Barn
  • In Ground Pool
  • 5.01 Acre Lot
  • West Jessamine Middle School Rated A-
  • View of Trees or Woods
  • Recreation Room

About This Home

As of November 2024

Discover your dream retreat in the heart of Jessamine County, Kentucky! This stunning 5,500+ sqft ranch offers a perfect blend of luxury and comfort, set on 5 sprawling acres of picturesque landscape. With its expansive open floor plan, the main level features elegant living spaces bathed in natural light, ideal for both entertaining and everyday living. The spacious basement adds even more versatility, providing ample room for a home theater, gym, or guest suite. Step outside to your own private oasis, complete with a newly built, 20'x40', saltwater pool that invites you to relax and unwind under the sun. A 5-bay detached garage provides abundant space for vehicles, hobbies, or storage, making it a dream for car enthusiasts and DIYers alike. Another charming barn offers additional possibilities for hobbies or storage. Experience the serene beauty of this stunning property while being just a short drive from local amenities. Don't miss this rare opportunity to own a piece of paradise in Jessamine County—where luxury meets tranquility!

Last Agent to Sell the Property

Joseph E.C. Hagen

Envision Real Estate License #287009 Listed on: 10/10/2024

Last Buyer's Agent

Ryan Hilliard

The Brokerage License #218750

The Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,552

Year Built

  • Built in 2018

Lot Details

  • 5.01 Acre Lot
  • Fenced

Parking

  • 7 Car Garage

Property Views

  • Woods
  • Rural
  • Neighborhood

Home Design

  • 2-Story Property
  • Brick Veneer
  • Slab Foundation
  • Dimensional Roof

Interior Spaces

  • Wet Bar
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Dining Room
  • Home Office
  • Recreation Room
  • Finished Basement
  • Walk-Out Basement
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms
  • Soaking Tub

Outdoor Features

  • In Ground Pool
  • Patio
  • Outdoor Fireplace
  • Shed
  • Porch

Schools

  • Jessamine Early Elementary School
  • West Jessamine Middle School
  • West Jess High School

Farming

  • Barn

Utilities

  • Zoned Heating and Cooling
  • Dual Heating Fuel
  • Septic Tank

Community Details

  • Chandamere Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021-00-00-027.32

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,552

Year Built

Built in 2018

Lot Details

0

Parking

7

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Structure Type: House
  • Year Built: 2018
  • Above Grade Finished Sq Ft: 2831.0
  • Levels: Two
  • New Construction: No
  • Structure Type:House: Yes
  • View:Neighborhood: Yes
  • Roof:Dimensional Style: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Water Source:Public: Yes
  • Architectural Style:Ranch: Yes
  • Foundation Details:Slab: Yes
  • View:Rural: Yes
  • Percent Basement Finished: Yes
  • Other Structures:Barn(s): Yes
  • Cooling:Zoned: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Primary Downstairs, Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Hardwood, Tile, Wood
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Finished, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2507.0
  • Fireplace Features: Family Room, Outside, Wood Burning
  • Fireplace: Yes
  • LivingArea: 5338.0
  • Lot Size Area: 5.01
  • Fireplace Features:Outside: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Brick Veneer
  • Fencing: Other
  • Foundation Details: Slab
  • List Price: 1570000.0
  • Other Structures: Barn(s), Shed(s)
  • Patio And Porch Features: Patio, Porch
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Neighborhood, Rural, Trees/Woods
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 7.0
  • Garage: Yes
  • Parking Features: Attached Garage, Detached Garage

Utilities

  • Sewer: Septic Tank
  • Heating: Dual Fuel, Zoned
  • Cooling: Electric, Zoned
  • Cooling: Yes
  • Heating: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes
  • Heating:Zoned2: Yes
  • Heating:Dual Fuel: Yes

Schools

  • Elementary School: Jessamine Early
  • High School: West Jess HS
  • Middle or Junior School: West Jessamine Middle School

Lot Info

  • Lot Size Acres: 5.01
  • Lot Size Sq Ft: 218236.0
  • Parcel Number: 021-00-00-027.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Nov 13, 2024
Sold by
Parker Nicholas K and Parker Hope
Bought by
Harman Jeremiah and Harman Melissa
Seller's Agent
Joseph E.C. Hagen
Envision Real Estate
Buyer's Agent
Ryan Hilliard
The Brokerage
List Price
$1,570,000
Sold Price
$1,580,000
Premium/Discount to List
$10,000
0.64%
Views
29
Current Estimated Value
$1,741,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,281
Avg. Annual Appreciation
9.70%
Original Mortgage
$992,062
Outstanding Balance
$982,186
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$759,095

Purchase Details

Listed on
Jul 12, 2023
Closed on
Sep 11, 2023
Sold by
Rutherford Fred and Rutherford Lori
Bought by
Parker Nicholas K and Parker Hope
Seller's Agent
Carolyn Wheeler
Bluegrass Sotheby's International Realty
Buyer's Agent
Joseph E.C. Hagen
Imperium Real Estate Group, LLC
List Price
$1,425,000
Sold Price
$1,350,000
Premium/Discount to List
-$75,000
-5.26%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%
Original Mortgage
$850,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2012
Sold by
Pbi Bank Inc
Bought by
Rutherford Fred and Rutherford Lori
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Harman Jeremiah $1,580,000 Bluegrass Land Title
Parker Nicholas K $1,350,000 None Listed On Document
Rutherford Fred -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harman Jeremiah $992,062
Previous Owner Parker Nicholas K $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2024 11/14/24 Sold $1,580,000 +756.4% $296 / Sq Ft
11/10/2024 11/10/24 Off Market $184,500 -- --
10/10/2024 10/10/24 For Sale $1,570,000 +16.3% $294 / Sq Ft
09/11/2023 09/11/23 Sold $1,350,000 -5.3% $267 / Sq Ft View Prior Sale
07/29/2023 07/29/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $1,425,000 +672.4% $282 / Sq Ft
11/18/2016 11/18/16 Sold $184,500 0.0% -- View Prior Sale
11/05/2016 11/05/16 Pending -- -- --
08/15/2016 08/15/16 For Sale $184,500 -- --
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 $15,552 $1,350,000 $200,000 $1,150,000
2023 $6,429 $575,000 $184,500 $390,500
2022 $6,438 $575,000 $184,500 $390,500
2021 $6,461 $575,000 $184,500 $390,500
2020 $7,249 $644,500 $184,500 $460,000
2019 $7,054 $634,500 $184,500 $450,000
2018 $2,050 $184,500 $184,500 $0
2017 $742 $184,500 $184,500 $0
2016 $742 $70,000 $70,000 $0
2015 $742 $70,000 $70,000 $0
2014 $730 $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Joseph E.C. Hagen

    Envision Real Estate

    (859) 552-4186

    2 in this area

    11 Total Sales

    Joseph E.C. Hagen
    Section Image
  • Ryan Hilliard

    Buyer's Agent in 2024

    Ryan Hilliard

    The Brokerage

    (859) 469-1074

    4 in this area

    208 Total Sales

    Ryan Hilliard
    Section Image
  • Carolyn Wheeler

    Seller's Agent in 2023

    Carolyn Wheeler

    Bluegrass Sotheby's International Realty

    (859) 221-0166

    13 in this area

    88 Total Sales

    Carolyn Wheeler
    Section Image
  • Emily Miller

    Seller Co-Listing Agent in 2023

    Emily Miller

    Bluegrass Sotheby's International Realty

    (859) 948-8281

    14 in this area

    124 Total Sales

    Emily Miller
    Section Image
  • Ryan Smith

    Seller's Agent in 2016

    Ryan Smith

    Rector Hayden Realtors

    (859) 553-5031

    2 in this area

    154 Total Sales

    Ryan Smith
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24021295

ImagineMLS (Bluegrass REALTORS®)

APN: 021-00-00-027.32

Kentucky Jessamine County Nicholasville 40356

540 Cave Spring Rd, Nicholasville, KY

Not Listed for Sale

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