NOT LISTED FOR SALE

901 Galloway Rd Stamping Ground, KY 40379

Estimated Value: $1,722,000 - $2,588,140

3 Beds
2.5 Baths
4,115 Sq Ft
$490/Sq Ft Est. Value

Sale Details

Date Sold: August 26, 2021

Last sale price $1,349,000 $328 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $11,397 / mo

13 Days on Market

Highlights

  • 1 Paddock and Pasture
  • 50.84 Acre Lot
  • Farm
  • 6 Horse Stalls
  • Colonial Architecture
  • Bonus Room

About This Home

As of August 2021

A spectacular Greek Revival house nestled on a hill in a park like setting, the Kentucky landmark is the former home of Richard Johnson, the Vice President of the United States under Martin Van Buren. ''Longview'' was completed in 1819 by adding onto a story and a half ell dating from the late 1700s. The home has been completely redone while keeping the original ash floors, detailed millwork, 7 fireplaces, walnut handrails with cherry balusters on the front staircase, and 11' ceilings. The newest additions to the home including zoned geo-thermal heating/cooling, sunroom, brick patio, rebuilt front porch, and gourmet kitchen with original cook fireplace complete with original hardware. This property was the former ''Longview Riding Camp'' and the former ''Bluegrass Spa''. The farm features 51 acres, stocked pond, deluxe deer stand (read future playhouse or other venue), 3 apartments, guest house, stable, detached garage with workshop area and dog run, and 3 equipment buildings including a new 40 x 60 metal building. Conditional use certification for previous utilization as a Bed and Breakfast and Event Venue- excellent AirBnB potential. Less than 25 min to downtown Lexington.

Last Agent to Sell the Property

Hill Parker

Turf Town Properties License #203313 Listed on: 06/02/2021

Co-Listed By

Brett Bussell

Turf Town Properties License #216452

Last Buyer's Agent

Marty J. Hunter

KY Property Hunters License #252038

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1819

Lot Details

  • 50.84 Acre Lot
  • Fenced

Home Design

  • Colonial Architecture

Interior Spaces

  • 4,115 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Stamping Ground Elementary School
  • Scott Co Middle School
  • Great Crossing High School

Utilities

  • Zoned Heating
  • Geothermal Heating and Cooling
  • Septic Tank

Additional Features

  • 1 Paddock and Pasture
  • Farm
  • 6 Horse Stalls

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 061-00-280.000

Home Details

Home Type

Single Family

Year Built

Built in 1819

Lot Details

50.84 Acres

Listing Details

  • Property Type: Farm
  • Property Sub-Type: Farm
  • Architectural Style: Colonial
  • Structure Type: House
  • Year Built: 1819
  • Above Grade Finished Sq Ft: 4115.0
  • Levels: Two
  • New Construction: No
  • Structure Type:House: Yes
  • Water Source:Public: Yes
  • Architectural Style:Colonial: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 4115.0
  • Lot Size Area: 50.84

Exterior Features

  • Fencing: Other
  • List Price: 1349000.0

Utilities

  • Sewer: Septic Tank
  • Heating: Geothermal, Zoned
  • Heating: Yes
  • Water Source: Public
  • Heating:Geothermal2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Zoned2: Yes

Schools

  • Elementary School: Stamping Ground
  • High School: Great Crossing
  • Middle or Junior School: Scott Co

Lot Info

  • Lot Dimensions: 50.84 Acres
  • Current Use: Pasture
  • Lot Size Acres: 50.84
  • Lot Size Sq Ft: 2214590.0
  • Parcel Number: 061-00-280.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Aug 26, 2021
Sold by
Shoemaker Scott and Shoemaker Margaret Martin
Bought by
Seybold Trust and Seybold
Seller's Agent
Hill Parker
Turf Town Properties
Buyer's Agent
Marty J. Hunter
KY Property Hunters
List Price
$1,349,000
Sold Price
$1,349,000
Current Estimated Value
$2,014,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$665,380
Avg. Annual Appreciation
9.01%
Original Mortgage
$950,000
Outstanding Balance
$827,163
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$1,187,217
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Seybold Trust $1,349,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seybold Trust $950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2021 08/26/21 Sold $1,349,000 0.0% $328 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $1,349,000 -- $328 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

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
2025 $8,483 $1,360,200 $0 $0
2024 $8,464 $1,349,000 $0 $0
2023 $8,534 $941,179 $17,779 $923,400
2022 $7,982 $938,779 $15,379 $923,400
2021 $3,689 $461,179 $461,179 $0
2020 $3,613 $459,857 $14,057 $445,800
2019 $3,533 $444,057 $0 $0
2018 $3,527 $444,057 $0 $0
2017 $3,468 $435,357 $0 $0
2016 $3,489 $433,255 $0 $0
2015 $3,466 $433,255 $0 $0
2014 $3,311 $433,256 $0 $0
2011 $3,157 $434,189 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20110419

ImagineMLS (Bluegrass REALTORS®)

APN: 061-00-280.000

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