9 months on rocket

1016 Cedar Ridge Ln, Versailles, KY, 40383

$587,000

Home List Price

$6,971*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
House

Location

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1016 Cedar Ridge Ln, Versailles$587,000

Buyer Closing Credits

$6,971*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street
Year Built2004
HeatingHeat Pump
CoolingHeat Pump
BasementYes
MLS #24005474
Lot Size0.39 Acres
StatusActive

About 1016 Cedar Ridge Ln

This huge home (4,589 Sq Ft) is set up for a very large family or two families. There's two of everything! 3 Bedrooms,2 1/2 baths, kitchen, living room on main floor, AND 2 bedrooms 2 full baths, living room and FULL Kitchen on Bottom level in the walkout basement. 2 Driveways! Appliances in both kitchens are newer, 2 hot water heaters, 400 amps of electric panels, lots of closet space, ceiling fans are new, backsplash is new, new stainless vent in the upper kitchen, ADT security, MY Q door opener, and NO Carpet flooring. This home has all new flooring! plenty of storage. WAIT.. this home has the largest solar panels ever installed by this company in Kentucky, making all the difference in the electric bill. These solar panels were a $80,000 value. The bills are half what they used to be. If you have a large family or two full families, this is a must see home that is elsewhere hard to find. There's a fully fenced yard and plenty of space for kids or dogs with a deck and patio below.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2004
  • Stories: 2

Listing Office:

  • Office Name: Coldwell Banker McMahan
  • Office Phone: (502) 867-4900

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator, Tankless Water Heater
  • Basement: Yes
  • Flooring Type: Vinyl, Wood
  • Interior: Ceiling Fan(s), Dining Area, Entrance Foyer, Primary First Floor, Security System Owned, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Deck, Patio, Porch, Storm Door(s)

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.39 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: From Troy Pike, turn left on Old Dry Ridge, to Cedar Ridge

Price Information

Listing Price Info

Price Summary:

  • List Price: $587,000

Tax Information:

  • Annual Amount: $3,496
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Versailles, KY.

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Versailles, KY

City

Med. Sold Price

$377.4K

Med. Price/SqFt

$183

Avg. Days On Market

42

# of Sold Homes

17

1016 Cedar Ridge Ln vs Versailles

272 DAYS ON ROCKET

+230 Days

$587,000

+$209.5K More

KEY TAKEAWAY

This property is $209.5K more than the Median Sold Price in Versailles, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24005474

Listing Office:

  • Office Name: Coldwell Banker McMahan
  • Office Phone: (502) 867-4900

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: 12/22/2024, 4:20:59 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$3,496$347,000
2019$3,055$310,000
2017$2,965$310,000

History based on county public records data.

Payment Calculator

$2,997

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,826

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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.

Nearby Schools

school-card-donut-873544
7
/10

  • Southside Elementary School

  • 1300 Troy Pike

  • 0.61 miles

  • Public District Grades PK-5

school-card-donut-873545
7
/10

  • Huntertown Elementary School

  • 120 Woodburn Hall Dr

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-873546
5
/10

  • Simmons Elementary School

  • 830 Tyrone Pike

  • 2.20 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,414. Most Versailles, KY residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1016 Cedar Ridge Ln

What is the listing price of this property?

The listing price of 1016 Cedar Ridge Ln property is $587,000.

What type of property is this?

The property 1016 Cedar Ridge Ln is a house located in Versailles, Kentucky, 40383.

Is this property for sale now?

Active Listing: 1016 Cedar Ridge Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,496 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1016 Cedar Ridge Ln has 5 bedrooms and 4 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 1016 Cedar Ridge Ln is 2004.

Rocket Homes›Kentucky›Woodford County›Versailles›40383›1016 Cedar Ridge Ln

This home is located at 1016 Cedar Ridge Ln in Versailles, KY and zip code 40383. This home, which was built in 2004, sits on a 0.39 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 24, 2024 and is currently priced at $587,000.

In November 2024, from all listings sold in Versailles, KY there were more than 3 sold above asking price, over 10 sold below and more than 4 were sold right at the asked price. In November 2024 in Versailles, KY there were 11% less homes for sale than in October 2024. In November 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $377,450.

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

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