13 days on rocket

Sale Pending

120 Shermans Ln, Richmond, KY, 40475

$452,000

Home List Price

$5,368*

Closing Credit

4 Bedrooms
3 Full Baths
House
Schools Nearby

Location

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120 Shermans Ln, Richmond$452,000

Buyer Closing Credits

$5,368*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built2008
HeatingElectric, Heat Pump
CoolingElectric, Heat Pump
BasementYes
MLS #24007577
Lot Size0.28 Acres
StatusSale Pending
(Pending)

About 120 Shermans Ln

Location is a plus with this home close to Highway I-75 and you can be in Lexington within minutes. This clean well maintained home has 4 bedrooms and 3 full baths, with potential for a 5th bedroom in the basement. Large open living space makes it a wonderful home for entertaining and if that isn't enough you can step out onto the spacious deck to chill or grill. Updated kitchen with granite tops, island, stainless steel appliances and subway tile. Home has a gas range but there is already a 220 outlet installed if you ever want to change to an electric range. The attached two car garage has Epoxy floor for easy clean up. Talk about convenience this home has laundry facilities on both floors, on the main level and the walkout basement level. Full finished walkout Basement with large bonus room, full bath, 4th bedroom with room for a possible 5th bedroom, laundry, basement has lots of storage with work room and opens on to a large paved patio with storage shed. This home is a must see to appreciate all it has to offer in this beautiful neighborhood.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2008
  • Stories: 1

Listing Office:

  • Office Name: CENTURY 21 Advantage Realty
  • Office Phone: (859) 624-5488

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Microwave, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Bedroom First Floor, Dining Area, Eat-in Kitchen, Entrance Foyer, Primary First Floor, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

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

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump

School Info

Assigned Schools Information:

  • Madison Central High School, Public District Grades 9-12
  • Model Laboratory High School, Public District Grades 9-12
  • B. Michael Caudill Middle School, Public District Grades 6-8
  • Model Laboratory Middle School, Public District Grades 6-8
  • White Hall Elementary School, Public District Grades PK-5
  • Model Laboratory Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Exit 95 to Hwy 25 North to Shermans Lane home is on the left. Home is in Shiloh Crest.

Price Information

Listing Price Info

Price Summary:

  • List Price: $452,000

Tax Information:

  • Annual Amount: $2,651
  • Tax Year: 2020
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Housing Market Comparison

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

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Richmond, KY

City

Med. Sold Price

$289.9K

Med. Price/SqFt

$103

Avg. Days On Market

44

# of Sold Homes

74

120 Shermans Ln vs Richmond

13 DAYS ON ROCKET

-31 Days

$452,000

+$162K More

KEY TAKEAWAY

This property is $162K more than the Median Sold Price in Richmond, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24007577

Listing Office:

  • Office Name: CENTURY 21 Advantage Realty
  • Office Phone: (859) 624-5488

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: 5/3/2024, 2:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 05, 2020Home Sold
$310,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,651$262,000
2019$2,664$262,000
2018$2,663$262,000

History based on county public records data.

Payment Calculator

$2,323

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,422

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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-5137965
8
/10

  • White Hall Elementary School

  • 2166 Lexington Rd

  • 5.64 miles

  • Public District Grades PK-5

school-card-donut-5137966
7
/10

  • Model Laboratory Elementary School

  • 521 Lancaster Ave

  • 8.22 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5137967
7
/10

  • B. Michael Caudill Middle School

  • 1428 Robert R. Martin By Pass

  • 6.30 miles

  • Public District Grades 6-8

school-card-donut-5137968
7
/10

  • Model Laboratory Middle School

  • 521 Lancaster Ave

  • 8.22 miles

  • Public District Grades 6-8

High School

school-card-donut-5137969
5
/10

  • Madison Central High School

  • 705 N 2nd St

  • 7.52 miles

  • Public District Grades 9-12

school-card-donut-5137970
8
/10

  • Model Laboratory High School

  • 521 Lancaster Ave

  • 8.22 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 $95,469. Typical income of Richmond, KY residents is between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 120 Shermans Ln

What is the listing price of this property?

The listing price of 120 Shermans Ln property is $452,000.

What type of property is this?

The property 120 Shermans Ln is a house located in Richmond, Kentucky, 40475.

Is this property for sale now?

Sale Pending: 120 Shermans Ln is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 120 Shermans Ln are:
White Hall Elementary School: GreatSchools Rating 8/10
Model Laboratory Elementary School: GreatSchools Rating 7/10
B. Michael Caudill Middle School: GreatSchools Rating 7/10
Model Laboratory Middle School: GreatSchools Rating 7/10
Madison Central High School: GreatSchools Rating 5/10
Model Laboratory High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,651 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 5, 2020 for $310,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 120 Shermans Ln has 4 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 120 Shermans Ln is 2008.

Rocket Homes›Kentucky›Madison County›Richmond›40475›120 Shermans Ln

This home is located at 120 Shermans Ln in Richmond, KY and zip code 40475. This home, which was built in 2008, sits on a 0.28 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 20, 2024 and is currently priced at $452,000.

In April 2024 more than 14 listings in Richmond, KY were sold above the asking price. During the same period more than 20 listings were sold at asking price, while more than 40 were sold below. The number of homes for sale in Richmond, KY increased by 3.3% between March 2024 and April 2024. In April 2024 median list price was $289,957 and the average listing age was 44 days.

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

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