NOT LISTED FOR SALE

551 Cave Spring Rd Nicholasville, KY 40356

Estimated Value: $836,000 - $1,020,000

3 Beds
2.5 Baths
4,574 Sq Ft
$204/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $962,000 $210 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,430/month

16 Days on Market

Highlights

  • View of Trees or Woods
  • 5 Acre Lot
  • Wood Flooring
  • West Jessamine Middle School Rated A-
  • Recreation Room
  • Main Floor Primary Bedroom

About This Home

As of June 2024

Nestled in the heart of Jessamine County at the end of a quiet street, this charming home sits on a sprawling 5-acre lot that feels like your own private slice of paradise. As you approach the property, you'll be immediately taken with the immaculate grounds, where lush lawns, manicured gardens, and mature trees create an ambiance of serenity and seclusion. The main level boasts a spacious eat in kitchen with breakfast bar and dining area, large walk-in pantry and separate laundry room with utility sink, plus a formal dining room, perfect for gathering with loved ones for a delicious meal and some great conversation. But the real heart of the home is the two-story great room, where a crackling wood-burning fireplace with floor to ceiling stone exterior invites you to kick back and relax. The highlight of the main level is the primary suite, offering a peaceful sanctuary complete with a beautifully updated bathroom featuring picture windows overlooking the backyard, dual walk-in closets, soaking tub, and a tiled walk-in shower. Upstairs, two spacious bedrooms await, along with a large bonus room and a full bath featuring double vanities, providing ample space for family or guests.. The walk-out basement is a versatile space, with a family room, recreation room, and two large unfinished storage areas, offering endless possibilities for customization to suit your needs. A full bath rough-in adds convenience and potential for further expansion. Outside, the backyard is a true oasis, with a patio and pergola that's just begging for summer barbecues and lazy afternoons spent soaking up the sun. This home has been thoughtfully updated and meticulously maintained, with recent upgrades including a new roof in 2024, Renewal by Anderson replacement windows, 5 year old dual hot water heaters, and recently updated carpet throughout. Additional features include geothermal HVAC, a whole house water filtration system, irrigation system for the flower beds, landscape lighting, well built storage shed, and hardwired security system. Schedule your private tour today and discover the unparalleled beauty and charm of this extraordinary property!

Last Agent to Sell the Property

Carolyn Wheeler

Bluegrass Sotheby's International Realty License #180699 Listed on: 04/15/2024

Bluegrass Sotheby's International Realty

Co-Listed By

Emily Miller

Bluegrass Sotheby's International Realty License #219819

Last Buyer's Agent

John Black

The Brokerage License #221373

The Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,933

Year Built

  • Built in 1998

Lot Details

  • 5 Acre Lot
  • Wood Fence
  • Wire Fence
  • Irrigation Equipment

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Veneer
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Insulated Windows
  • Blinds
  • Window Screens
  • Insulated Doors
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Dining Room
  • Recreation Room
  • Bonus Room
  • Utility Room
  • Views of Woods
  • Attic Access Panel
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

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
  • Stubbed For A Bathroom

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

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

Utilities

  • Cooling Available
  • Geothermal Heating and Cooling
  • Electric Water Heater
  • Septic Tank

Community Details

  • Clear Creek Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021-00-00-027.34

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,933

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Year Built: 1998
  • Above Grade Finished Sq Ft: 3582.0
  • Levels: One and One Half
  • New Construction: No
  • Structure Type:House: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Cooling:Geothermal: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • Other Equipment:Irrigation Equipment: Yes
  • Appliances Refrigerators: Yes
  • Fencing:Wood2: Yes
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Primary Downstairs, Walk-In Closet(s), Other
  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Bath/Stubbed, Full, Partially Finished, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 992.0
  • Fireplace Features: Basement, Great Room, Masonry, Wood Burning
  • Fireplace: Yes
  • LivingArea: 4574.0
  • Lot Size Area: 5.0
  • Other Equipment: Irrigation Equipment
  • Window Features: Blinds, Insulated Windows, Screens
  • Basement:BathStubbed: Yes
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes
  • Basement:Partially Finished: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Vinyl Siding, Brick Veneer
  • Fencing: Wood
  • Foundation Details: Concrete Perimeter
  • List Price: 979900.0
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio, Porch
  • View: Trees/Woods
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Screens: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached Garage, Driveway, Garage Door Opener, Garage Faces Side
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Geothermal
  • Cooling: Geothermal
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Security Features: Security System Owned
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
  • Heating:Geothermal2: Yes
  • Sewer Septic Tank: Yes

Schools

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

Lot Info

  • Lot Size Acres: 5.0
  • Lot Size Sq Ft: 217800.0
  • Parcel Number: 021-00-00-027.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
Jun 14, 2024
Sold by
Maddux Catherine L and Maddux Marty D
Bought by
Noto John Eric and Noto Kara Lynn
Seller's Agent
Carolyn Wheeler
Bluegrass Sotheby's International Realty
Buyer's Agent
John Black
The Brokerage
List Price
$1,075,000
Sold Price
$962,000
Premium/Discount to List
-$113,000
-10.51%
Views
83
Current Estimated Value
$930,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,116
Avg. Annual Appreciation
-2.46%
Source: Public Records

Range of Values:

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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
Noto John Eric $962,000 Bluegrass Land Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2024 06/14/24 Sold $962,000 -1.8% $210 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/22/2024 04/22/24 Price Changed $979,900 -8.8% $214 / Sq Ft
04/15/2024 04/15/24 For Sale $1,075,000 -- $235 / 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 $5,933 $515,000 $83,000 $432,000
2023 $5,758 $515,000 $83,000 $432,000
2022 $5,766 $515,000 $83,000 $432,000
2021 $5,787 $515,000 $83,000 $432,000
2020 $4,949 $440,000 $83,000 $357,000
2019 $4,891 $440,000 $83,000 $357,000
2018 $4,888 $440,000 $83,000 $357,000
2017 $4,484 $440,000 $83,000 $357,000
2016 $4,484 $423,000 $70,000 $353,000
2015 $4,484 $423,000 $70,000 $353,000
2014 $4,412 $423,000 $70,000 $353,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24007046

ImagineMLS (Bluegrass REALTORS®)

APN: 021-00-00-027.34