5 months on rocket

551 Dry Ridge Rd, Versailles, KY, 40383

$499,900

Home List Price

$5,936*

Closing Credit

4 Bedrooms
3 Full Baths
House
Schools Nearby

Location

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551 Dry Ridge Rd, Versailles$499,900

Buyer Closing Credits

$5,936*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street
Year Built1993
HeatingBaseboard
CoolingElectric
MLS #23021234
Lot Size5.00 Acres
StatusActive

About 551 Dry Ridge Rd

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1993
  • Stories: 1

Listing Office:

  • Office Name: The Agency
  • Office Phone: (859) 285-0614

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Carpet, Tile, Vinyl
  • Interior: Bedroom First Floor, Breakfast Bar, Ceiling Fan(s), Dining Area, Eat-in Kitchen, Primary First Floor

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Porch, Storm Door(s)

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Off Street

Lot Features

Lot Information:

  • Lot Size: 5.00 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Woodford County High School, Public District Grades 9-12
  • Woodford County Middle School, Public District Grades 6-8
  • Huntertown Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Bluegrass Parkway, Troy Pike to Dry Ridge Rd, or Shannon Run to Dry Ridge Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,900

Tax Information:

  • Annual Amount: $2,479
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Number: #23021234

Listing Office:

  • Office Name: The Agency
  • Office Phone: (859) 285-0614

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 9:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,479$269,000
2019$2,408$269,000
2017$2,354$269,000

History based on county public records data.

Payment Calculator

$2,562

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,565

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2077529
5
/10

  • Huntertown Elementary School

  • 120 Woodburn Hall Dr

  • 0.89 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2077530
7
/10

  • Woodford County Middle School

  • 100 School House Rd

  • 2.13 miles

  • Public District Grades 6-8

High School

school-card-donut-2077531
7
/10

  • Woodford County High School

  • 180 Frankfort St

  • 2.73 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,306. The most common annual income of people living in Woodford County, KY is between $35k-100k. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 551 Dry Ridge Rd

What is the listing price of this property?

The listing price of 551 Dry Ridge Rd property is $499,900.

What type of property is this?

The property 551 Dry Ridge Rd is a house located in Versailles, Kentucky, 40383.

Is this property for sale now?

Active Listing: 551 Dry Ridge Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 551 Dry Ridge Rd are:
Huntertown Elementary School: GreatSchools Rating 5/10
Woodford County Middle School: GreatSchools Rating 7/10
Woodford County High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,479 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 551 Dry Ridge Rd has 4 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 551 Dry Ridge Rd is 1993.

Rocket Homes›Kentucky›Woodford County›Versailles›40383›551 Dry Ridge Rd

This home is located at 551 Dry Ridge Rd in Versailles, KY and zip code 40383. This home, which was built in 1993, sits on a 5.00 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 02, 2023 and is currently priced at $499,900.

Over 1 listings were sold over their listed price in March 2024 in Woodford County, KY. In the same period over 9 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Woodford County, KY between February 2024 and March 2024 decreased by 7%. In March 2024, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $341,500.

From Rocket Homes Real Estate and based on county public records data.

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