NOT LISTED FOR SALE

6490 Russell Cave Rd Lexington, KY 40511

Loradale Neighborhood

Estimated Value: $4,132,355

3 Beds
3.5 Baths
3,693 Sq Ft
$1,119/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $2,700,000 $731 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $24,574/month

479 Days on Market

Highlights

  • Riding Ring
  • 92 Acre Lot
  • Bonus Room
  • In Ground Pool
  • Wood Flooring
  • Fireplace

About This Home

As of December 2019

Ideal location - 6 miles from Iron works with 2 principal residences and one employee house! 70' x 195' indoor arena, 49 total stalls, equipment building, 5-horse walker, numerous RV hook-ups, gated entrance, mature tree-lined driveways. Well maintained!

Last Agent to Sell the Property

Bill Justice

Justice Real Estate License #223731 Listed on: 07/03/2018

Last Buyer's Agent

Mary Sue Walker-Hughes

Justice Real Estate License #196433

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $30,700

Lot Details

  • 92 Acre Lot
  • Fenced

Parking

  • Garage

Home Design

  • Farm

Interior Spaces

  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Additional Features

  • In Ground Pool
  • Silo
  • Riding Ring

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20804400

Property Details

Property Type

Other

Est. Annual Taxes

$30,700

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Sub-Type: Farm
  • Levels: One
  • New Construction: No
  • Flooring:Hardwood: Yes
  • Water Source:Public: Yes
  • Farm Improvements:Silo(s): Yes
  • Farm Improvements:Outdoor Ring: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Yes
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Lot Size Area: 92.0
  • Possible Use: Residential, Horses

Exterior Features

  • Fencing: Plank
  • List Price: 2995000.0
  • Lot Features: Gentle Sloping
  • Other Structures: Arena, Workshop
  • Pool Features: In Ground

Garage/Parking

  • Garage: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Topography: Gentle Sloping
  • Current Use: Horses
  • Horse Amenities: Hay Storage, Barn
  • Lot Size Acres: 92.0
  • Lot Size Sq Ft: 4007523.68
  • Parcel Number: 20804400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2020
Sold by
Spry James D and Spry Kathryn S
Bought by
Simms Harold F Tr and Spry Family Farm Lp
Current Estimated Value
$4,132,355

Purchase Details

Listed on
Jul 3, 2018
Closed on
Dec 16, 2019
Sold by
Cbj Llc
Bought by
Spry James D
Seller's Agent
Bill Justice
Justice Real Estate
Buyer's Agent
Mary Sue Walker-Hughes
Justice Real Estate
List Price
$2,700,000
Sold Price
$2,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%

Purchase Details

Closed on
Jul 17, 2017
Sold by
Centerpoint Holdings Llc
Bought by
Cbj Llc

Purchase Details

Closed on
Mar 5, 2008
Sold by
Clapp Jacqueline G
Bought by
Centerpoint Holdings Llc
Source: Public Records

Range of Values:

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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
Simms Harold F Tr $2,700,000 --
Spry James D $2,700,000 --
Cbj Llc $2,218,600 --
Centerpoint Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2 Sob Properties Llc $3,000,000
Previous Owner Takacs Narcus L $490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $2,700,000 0.0% $731 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
07/03/2018 07/03/18 For Sale $2,700,000 -- $731 / 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 $30,700 $4,000,000 $0 $0
2023 $20,756 $3,069,500 $0 $0
2022 $17,201 $2,700,000 $0 $0
2021 $17,201 $2,700,000 $0 $0
2020 $17,201 $2,700,000 $0 $0
2019 $24,496 $2,218,600 $0 $0
2018 $24,496 $2,218,600 $0 $0
2017 $11,954 $1,144,900 $0 $0
2015 $10,711 $1,132,700 $0 $0
2014 $10,711 $1,132,700 $0 $0
2012 $10,711 $2,218,600 $1,131,600 $1,087,000
Source: Public Records

Agents Affiliated with this Home

  • Bill Justice

    Seller's Agent in 2019

    Bill Justice

    Justice Real Estate

    (859) 255-3657

    9 in this area

    68 Total Sales

    Bill Justice
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1815129

ImagineMLS (Bluegrass REALTORS®)

APN: 20804400

Kentucky Fayette County Lexington 40511 Loradale

6490 Russell Cave Rd, Lexington, KY

This home is located at 6490 Russell Cave Rd, Lexington, KY 40511 since 03 July 2018 and is currently estimated at $4,132,355, approximately $1,118 per square foot. 6490 Russell Cave Rd is a home located in Fayette County with nearby schools including Russell Cave Elementary School, Winburn Middle School, and Bryan Station High 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.

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