NOT LISTED FOR SALE

8211 Spencer Pike Mount Sterling, KY 40353

Estimated Value: $335,000 - $738,004

69 Acres
$6,942 Price per Acre
3,005,640 Sq Ft Lot

Last Sold August 10, 2021

Last sale price $600,000 $221 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $2,960/month

28 Days on Market

Highlights

  • 69 Acre Lot
  • Fireplace
  • Central Air
  • Wood Flooring
  • Tobacco Barn
  • Dining Room

About This Lot

As of August 2021

69+/- Acres of near level to gently rolling topography fronting on 2 roads. Crider & Tilsit silt loam crop soils. Mostly cleared w/a good vegetative cover of mixed grasses & legumes. Well fenced, public water, spring water and a 2.5 acre absolutely beautiful lake, creek and pond water. Improvements include a 2700+/- sf home that was completely renovated in 2009. 4 BR-owners suite on first level, 3 BA, LR, FR, Formal Dining, dine-in kitchen w/abundant cabinetry, laundry rm, glass enclosed sunroom w/panoramic view of the lake. Also partial basement, columned entrance porch, 2 patio's overlooking the lake. Hdwd, carpet & tile flooring, specialty ceilings, 2 fireplaces w/LP heaters, Geo-Thermal heat, Central Air, vinyl siding, shingle roof covering and many more amenities. 2 car detached Garage/shop combo. 48x60 tob.barn; 52x98 stock barn w/loft; warming house for canning etc. w/bsmt. Mature trees. Well maintained property. One of the most attractive places in Montgomery County. Appointment Required.

Last Listed By

Edwin Burden

McCormick Realty Inc. License #187147 Listed on: 04/07/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,330

Year Built

  • Built in 1900

Lot Details

  • 69 Acre Lot
  • Plank Fence
  • Vinyl Fence
  • Wire Fence
  • Level Lot

Parking

  • Garage

Interior Spaces

  • 1.5-Story Property
  • Fireplace
  • Family Room
  • Dining Room
  • Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Mt Sterling Elementary School
  • Mcnabb Middle School
  • Not Applicable Middle School
  • Montgomery Co High School

Farming

  • Tobacco Barn

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Propane
  • Septic Tank
  • Phone Available

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 052-00-00-017

Property Details

Property Type

Land

Est. Annual Taxes

$3,330

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Land - Farm/Land
  • Property Sub-Type: Farm
  • Year Built: 1900
  • Levels: One and One Half
  • New Construction: No
  • Water: Water Connected
  • Kitchen Level: First
  • Primary Bedroom Level: First
  • Bathroom 1 Level: First
  • Bedroom 1 Level: Second
  • Dining Room Level: First
  • Living Room Level: First
  • Bonus Room Level: First
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 2720.0
  • Lot Size Area: 69.0
  • Family Room Level: First
  • Utility Room Level: First
  • Main Residence Features:Dining Room4: Yes
  • Main Residence Features:Family Room4: Yes

Exterior Features

  • Fencing: Plank, Wire
  • List Price: 650000.0

Garage/Parking

  • Main Residence Features:Garage5: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Geothermal, Propane Tank Leased
  • Heating: Yes
  • Utilities: Telephone
  • Water Source: Public
  • Heating:Geothermal2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane Tank Leased: Yes

Schools

  • Elementary School: Mt Sterling
  • High School: Montgomery Co
  • Middle or Junior School: McNabb

Lot Info

  • Topography: {"Level":true,"Gently Rolling":true}
  • Lot Size Acres: 69.0
  • Lot Size Sq Ft: 3005642.76
  • Parcel Number: 052-00-00-017
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Aug 7, 2021
Sold by
Gomulka Gaye F
Bought by
Johnson Wallace and Johnson Gina Gina
Seller's Agent
Edwin Burden
McCormick Realty Inc.
Buyer's Agent
Edwin Burden
McCormick Realty Inc.
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%
Total Days on Market
28
Current Estimated Value
$479,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$120,999
Avg. Annual Appreciation
-4.73%
Original Mortgage
$538,624
Outstanding Balance
$443,776
Interest Rate
0.21%
Mortgage Type
Construction
Estimated Equity
$55,481

Purchase Details

Closed on
Oct 19, 2006
Bought by
Gomulka Gaye Fugate

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
Johnson Wallace $600,000 Attorney Only
Gomulka Gaye Fugate -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Wallace $538,624
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2021 08/10/21 Sold $600,000 -7.7% $221 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $650,000 -- $239 / 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 $3,330 $351,000 $0 $0
2023 $3,278 $351,000 $0 $0
2022 $3,338 $351,000 $0 $0
2021 $990 $132,000 $0 $0
2020 $1,007 $132,000 $0 $0
2019 $1,013 $132,000 $0 $0
2018 -- $132,000 $17,000 $115,000
2017 -- $132,000 $17,000 $115,000
2016 -- $132,000 $17,000 $115,000
2015 -- $437,000 $207,000 $230,000
2014 -- $437,000 $207,000 $230,000
2012 -- $127,000 $17,000 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20106074

ImagineMLS (Bluegrass REALTORS®)

APN: 052-00-00-017.00