NOT LISTED FOR SALE

7057 Arbor Meadow Way Versailles, KY 40383

Shetland Neighborhood

Estimated Value: $514,000 - $611,976

0.31 Acre
$1,808,045 Price per Acre
13,504 Sq Ft Lot

Last Sold April 22, 2015

Last sale price $40,000

Est. 1,301% increase in value since last sale

Current estimated payment $3,308/month

1,794 Days on Market

About This Lot

As of April 2015

Lot #132 - Cedar Ridge - Build your dream home on one of these great home sites. This large, corner home site is in Cedar Ridge Subdivision, a deed restricted community conveniently located off the bluegrass Parkway. Quiet, rural setting withing the city limits of Versailles. Approximately 15 minutes to Frankfort or Lexington. Utilities are underground and all sites have city water and sewer.

Last Agent to Sell the Property

Ken Rock

Rock Realty License #179841 Listed on: 05/19/2010

Last Buyer's Agent

Ken Rock

Rock Realty License #179841 Listed on: 05/19/2010

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,047

Lot Details

  • 0.31 Acre Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned R-1B

Farming

  • Agricultural

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Cedar Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 61-1369864

Property Details

Property Type

Land

Est. Annual Taxes

$4,047

Lot Details

0

Listing Details

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

Interior Features

  • Lot Size Area: 0.31
  • Possible Use: Residential

Exterior Features

  • List Price: 54000.0
  • Lot Features: Cleared, Level

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available, Other

Lot Info

  • Topography: Level, Cleared
  • Current Use: Other, Subdivision
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13503.61
  • Parcel Number: 61-1369864

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2022
Sold by
Reed Joseph K and Reed Ann M
Bought by
Pedavoli Michael Thomas
Current Estimated Value
$560,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,250
Outstanding Balance
$386,201
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$174,293

Purchase Details

Closed on
Aug 9, 2019
Sold by
Wathen Glenn T
Bought by
Reed Ann M and Reed Joseph K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,250
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Pedavoli Michael Thomas $425,000 Bluegrass Land Title
Reed Ann M $355,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pedavoli Michael Thomas $412,250
Previous Owner Reed Ann M $337,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2015 04/22/15 Sold $40,000 0.0% --
04/16/2015 04/16/15 Pending -- -- --
05/18/2010 05/18/10 For Sale $40,000 -- --
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 $4,047 $425,000 $0 $0
2023 $4,241 $425,000 $0 $0
2022 $4,211 $425,000 $0 $0
2021 $3,566 $355,000 $0 $0
2020 $3,575 $355,000 $0 $0
2019 $3,122 $316,800 $0 $0
2018 $3,087 $316,800 $0 $0
2017 $3,030 $316,800 $0 $0
2016 $3,029 $316,800 $0 $0
2015 $336 $35,000 $35,000 $0
2010 -- $35,000 $35,000 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Ken Rock

    Rock Realty

    (859) 333-4109

    12 Total Sales

    Ken Rock
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1011039

ImagineMLS (Bluegrass REALTORS®)

APN: 31-7022-010-00

Kentucky Woodford County Versailles 40383 Shetland

7057 Arbor Meadow Way, Versailles, KY

This home is located at 7057 Arbor Meadow Way, Versailles, KY 40383 since 19 May 2010 and is currently estimated at $560,494. 7057 Arbor Meadow Way is a home located in Woodford County with nearby schools including Woodford County High School, St Leo School, and Versailles Montessori 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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