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(SOLD) $450,000

551 Dry Ridge Road Versailles, KY  40383

  • 4 Beds
  • 3 Baths

Property Description for 551 Dry Ridge Road Versailles, KY 40383

May 2024 UPDATES to Interior, flooring & paint. Fantastic chance to acquire a home on a 5-acre, level parcel of land that offers convenient proximity to the Bluegrass Parkway and is less than 20 minutes away from Keeneland, Bluegrass Airport, and downtown Lexington! This ranch-style home has an inviting covered front porch and has 3 bedrooms, 3 full bathrooms, and an attached 2-car garage. The home features a living room in the back of the house with access to a sunroom, and a spacious kitchen open to the dining area. There are also two bonus rooms that lack dedicated heat units (1 could be used as a 4th bedroom). The partially fenced lot offers trees, scenic views of horses on the adjacent property, and includes a large 30 by 36-foot steel frame barn complete with 2 stalls, a 24.4 x 30.4 garage featuring a sturdy concrete floor and overhead door, along with a generously-sized covered shed. Great opportunity with tremendous potential!

Address:551 Dry Ridge Road Versailles KY 40383
Status:Sold
Sold On: 8/21/2024
Price:$499,900
Bedrooms:4 Beds
Bathrooms:3 Full Baths
Year Built:1993
Lot Size:5.00
County: Woodford
School System : Woodford County - 10
MLS #:23021234
Property Type:Single Family Residence

Lot Dimensions:217800
Water Source:Public
Directions:Bluegrass Parkway, Troy Pike to Dry Ridge Rd, or Shannon Run to Dry Ridge Rd
Abv. Grnd. Sq. Ft. :1,934
Sq. Ft. Source:Public Records
Garage:

Loan Price
$2,535
Price And Interest $2,347/month
Property Tax $0/month
MTG INS $0/month
HOME INS $188/month
Price
$450,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$2,256 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Full Bath Info Not Available
Full Bath Info Not Available
Full Bath Info Not Available
Living Room Info Not Available
Dining Room Info Not Available
Kitchen Info Not Available
Bonus Room Info Not Available

Mandatory HOA Fee:$

Area: 010 - Woodford County
Subdivision: Rural
Zip Code:40383

School System:Woodford County - 10
High School:Woodford Co
Middle School:Woodford Co
Elementary School:Huntertown

Interior Features:Primary First Floor, Eat-in Kitchen, Breakfast Bar, Dining Area, Bedroom First Floor, Ceiling Fan(s)
Exterior Type:Vinyl Siding
Heat:Baseboard
Total Rooms:4
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Sandy Allnutt and The Allnutt Group - Sandy Allnutt with The Agency

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Versailles, KY Market Report

108
Avg. DOM
$302.98
Avg. $ / Sq.Ft.
$ 507,577
Med. List Price

The house prices in Versailles are not dropping at the moment. There has been a increase in price of $33.74. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Versailles are going Up. The average house price is $511,950.00 and the average price per square feet is $322.59 per square feet. At the moment, the amount of homes listed is exactly 753 houses, with 54 with active status, 32 with pending status and 667 sold in Versailles .

The most popular place to buy a home in Versailles is 010 - Woodford County. 010 - Woodford County is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Versailles .

The average amount of property taxes you would have to pay for a home in Versailles is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Versailles are staying listed for an average of 93 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Versailles was 1037 minutes ago.

At the moment we have 3 open houses that you can visit.

The cost of the most expensive home in Versailles is $3,950,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Versailles is $1,395.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Versailles in year 1888 and the newest built house is in year 9999.

The average size of properties in Versailles is 465.74 sq.ft. , the biggest one being 3654 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.