NOT LISTED FOR SALE

6855 Grimes Mill Rd Lexington, KY 40515

Coletown Neighborhood

Estimated Value: $1,133,533

94.4 Acres
$12,008 Price per Acre
4,112,064 Sq Ft Lot

Last Sold February 26, 2018

Last sale price $648,580

Est. 75% increase in value since last sale

Current estimated payment $6,940/month

351 Days on Market

Highlights

  • 94.4 Acre Lot
  • Brenda Cowan Elementary School Rated A-
  • Fenced

About This Lot

As of February 2018

Situated just over one mile from the Iroquois Hunt Club, and neighboring Juddmonte, Overbrook & Woods Edge Farms, 6855 Grimes Mill Road offers a remarkable opportunity. Comprising an appx. 94.4+/- acres, the property maintains a sizable metal equipment shed (appx. 99' x 80'), mobile home and tree-lined entrance onto Grimes Mill Road. A farm suitable for any number of agricultural pursuits. Additional acreage available. A PDR protected farm.

Last Agent to Sell the Property

Zach Davis

Kirkpatrick & Company License #207039 Listed on: 02/27/2017

Co-Listed By

Tom Biederman

Biederman Real Estate License #186255

Last Buyer's Agent

Zach Davis

Kirkpatrick & Company License #207039 Listed on: 02/27/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,150

Lot Details

  • 94.4 Acre Lot
  • Fenced
  • Property is zoned AR

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20020400

Property Details

Property Type

Land

Est. Annual Taxes

$9,150

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub-Type: Farm
  • New Construction: No
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Size Area: 94.4

Exterior Features

  • Disclosures: Restrictions
  • Fencing: Plank
  • List Price: 695000.0

Lot Info

  • Topography: {"Gently Rolling":true}
  • Lot Size Acres: 94.4
  • Lot Size Sq Ft: 4112067.78
  • Parcel Number: 20020400
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2017
Closed on
Mar 8, 2018
Sold by
Brown William D and Brown Melissa A
Bought by
Petrey Joseph S and Petrey Jamie
Seller's Agent
Zach Davis
Kirkpatrick & Company
Buyer's Agent
Zach Davis
Kirkpatrick & Company
List Price
$648,580
Sold Price
$648,580
Current Estimated Value
$1,133,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,953
Original Mortgage
$650,704
Interest Rate
4.15%
Mortgage Type
Unknown
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
Petrey Joseph S $648,580 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrey Joseph S $5,500,000
Closed Petrey Joseph S $4,000,000
Closed Brown William D $650,704
Previous Owner Brown William D $253,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2018 02/26/18 Sold $648,580 0.0% --
02/01/2018 02/01/18 Pending -- -- --
02/15/2017 02/15/17 For Sale $648,580 -- --
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 $9,150 $2,003,900 $0 $0
2023 $2,739 $1,403,900 $0 $0
2022 $1,037 $648,600 $0 $0
2021 $1,037 $648,600 $0 $0
2020 $1,037 $648,600 $0 $0
2019 $1,037 $648,600 $0 $0
2018 $1,037 $648,600 $0 $0
2017 $980 $93,900 $0 $0
2015 $810 $85,700 $0 $0
2014 $810 $85,700 $0 $0
2012 $810 $808,000 $752,000 $56,000
Source: Public Records

Agents Affiliated with this Home

  • Zach Davis

    Seller's Agent in 2018

    Zach Davis

    Kirkpatrick & Company

    (859) 576-8195

    4 in this area

    90 Total Sales

    Zach Davis
    Section Image
  • Tom Biederman

    Seller Co-Listing Agent in 2018

    Tom Biederman

    Biederman Real Estate

    (859) 312-0606

    3 in this area

    93 Total Sales

    Tom Biederman
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1703919

ImagineMLS (Bluegrass REALTORS®)

APN: 20020400

Kentucky Clark County Lexington 40515 Coletown

6855 Grimes Mill Rd, Lexington, KY

This home is located at 6855 Grimes Mill Rd, Lexington, KY 40515 since 27 February 2017 and is currently priced at $1,133,533. 6855 Grimes Mill Rd is a home located in Clark County with nearby schools including Brenda Cowan Elementary School, Edythe Jones Hayes Middle School, and Henry Clay 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.

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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