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705 Miles Rd, Nicholasville, KY, 40356

$1,050,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
House

Location

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705 Miles Rd, Nicholasville$1,050,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street
Year Built2003
HeatingElectric
CoolingElectric
BasementYes
FireplaceBasement, Family Room, Wood Burning
MLS #24019841
Lot Size14.52 Acres
StatusAccepting Backup Offers
(Contingent)

About 705 Miles Rd

Zoned R-1D and already annexed is an unbelievable opportunity to own property in the city of Nicholasville with a beautiful home located on 15.27 acres right off Miles Road in the middle of a residential area. There's so much open space, large rooms, tons of storage, plus curb appeal. while the home may need a little updating, the floor plan is great and there's an entire walk out with a bathroom in the basement that's basically finished and would work as an in laws suite, kids' rooms, just about anything! It's basically the size of the entire first floor. While the home is being sold as-is because it's part of an estate, there's limitless possibilities as far as utilizing the acreage because of where it's located as well as with the home. A development plan does exist but its approval expired so would need to go through the approval process again at the expense of the buyer.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2003
  • Stories: 2

Listing Office:

  • Office Name: The Brokerage
  • Office Phone: (859) 983-7365

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Interior: Bedroom First Floor, Ceiling Fan(s), Dining Area, Eat-in Kitchen, Entrance Foyer, Primary First Floor, Walk-In Closet(s)
  • Fireplace: Basement, Family Room, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck, Patio, Porch

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 14.52 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

Other

Directions Information:

  • Directions: Take Main Street to Williams Road, turn left and follow to the end. Turn right and house is on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,050,000

Tax Information:

  • Annual Amount: $866
  • Tax Year: 2020
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Housing Market Comparison

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

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Nicholasville, KY

City

Med. Sold Price

$360K

Med. Price/SqFt

$142

Avg. Days On Market

22

# of Sold Homes

46

705 Miles Rd vs Nicholasville

76 DAYS ON ROCKET

+54 Days

$1,050,000

+$690K More

KEY TAKEAWAY

This property is $690K more than the Median Sold Price in Nicholasville, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24019841

Listing Office:

  • Office Name: The Brokerage
  • Office Phone: (859) 983-7365

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: 12/4/2024, 2:20:52 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$866$758,000
2019$4,984$506,017
2018$4,985$506,017
2017$4,985$503,955

History based on county public records data.

Payment Calculator

$5,308

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,214

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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-3804921
5
/10

  • Nicholasville Elementary School

  • 414 W Maple St

  • 1.09 miles

  • Public District Grades 1-5

school-card-donut-3804922
6
/10

  • Warner Elementary School

  • 821 Wilmore Rd

  • 1.65 miles

  • Public District Grades 1-5

school-card-donut-3804923
6
/10

  • Red Oak Elementary School

  • 921 Union Mill Rd

  • 1.77 miles

  • Public District Grades 1-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,000. Typical income of Nicholasville, KY residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Nicholasville, KY

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Nicholasville, KY?

Nicholasville offers a diverse array of housing options, with single-family homes being a significant part of the market. The architectural styles vary, with a mix of contemporary and traditional designs. The housing market is characterized by a blend of both newer constructions and established homes, reflecting the city's growth and historical roots. The homeownership rate in Nicholasville is robust, with a majority of residents owning their homes, while a proportionate number of residents opt for renting, providing a balanced housing landscape.

What are the advantages of living in Nicholasville, KY?

Nicholasville is known for its welcoming community spirit and small-town charm. The city prides itself on its local events, including seasonal festivals that bring residents together to celebrate the unique culture and heritage of the area. The community's character is further enriched by its local parks and recreational facilities, which serve as popular gathering spots for families and outdoor enthusiasts.

Are essential services in Nicholasville, KY convenient?

The city of Nicholasville is served by a range of essential services, including public schools that cater to students from elementary through high school levels. Healthcare needs are met by local clinics and nearby hospitals that offer a variety of medical services. The public library system supports lifelong learning and community engagement. Retail and dining options in Nicholasville reflect the local culture, with a mix of independent shops and restaurants that showcase the flavors and craftsmanship of the region.

How do Nicholasville, KY residents get around?

Transportation in Nicholasville includes a network of roads that connect residents to nearby cities and attractions. Public transportation options are available, providing residents with alternatives to private vehicle use. The community is also served by a number of ride-sharing options, enhancing mobility within the city. While certain areas of Nicholasville are more walkable and bike-friendly, the city continues to develop its infrastructure to improve accessibility and convenience for all modes of transport.

Frequently Asked Questions About 705 Miles Rd

What is the listing price of this property?

The listing price of 705 Miles Rd property is $1,050,000.

What type of property is this?

The property 705 Miles Rd is a house located in Nicholasville, Kentucky, 40356.

Is this property for sale now?

Accepting Backup Offers: 705 Miles Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $866 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 705 Miles Rd has 3 bedrooms and 3 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 705 Miles Rd is 2003.

Rocket Homes›Kentucky›Jessamine County›Nicholasville›40356›705 Miles Rd

This home is located at 705 Miles Rd in Nicholasville, KY and zip code 40356. This home, which was built in 2003, sits on a 14.52 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $1,050,000.

Over 10 listings were sold over their listed price in November 2024 in Nicholasville, KY. In the same period over 17 listings were sold below the listed price and 19 listings were sold for the listed price. The number of homes for sale in Nicholasville, KY decreased by 4.5% between October 2024 and November 2024. Listings spent 22 days on the market in November 2024, and had a median list price of $360,000 during the same period.

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

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