12 days on rocket

1501 Richmond Rd, Lexington, KY, 40502

$748,000

Home List Price

$8,883*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
House
Schools Nearby

Location

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1501 Richmond Rd, Lexington$748,000

Buyer Closing Credits

$8,883*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1923
HeatingSteam, Forced Air, Hot Water, Natural Gas
CoolingElectric
BasementYes
FireplaceGas Log, Gas Starter, Living Room, Primary Bedroom
MLS #24009311
Lot Size0.33 Acres
StatusActive

About 1501 Richmond Rd

Absolute Auction - LIVE ONSITE WITH ONLINE BIDDING!!! This property is to be sold LIVE ONSITE WITH ONLINE BIDDING on Saturday, June 1, 2024 at 10:00AM. Pre-auction offers are invited under the same auction terms and conditions until a bid has been accepted. Terms & Conditions are as follows: As Is/Non-Contingent/10% earnest money deposit/30 day settlement/10% buyer's premium added to all bids/offers. Visit www.HalfhillAuctions.com for more information. Kristin Halfhill-Larimore, Principal Auctioneer, 859-333-1855 or Jim Halfhill, Principal Auctioneer, 859-338-5764

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 2

Listing Office:

  • Office Name: Rector Hayden Realtors
  • Office Phone: (859) 276-4811

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Oven, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Other, Vinyl
  • Interior: Bedroom First Floor, Dining Area
  • Fireplace: Gas Log, Gas Starter, Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Steam, Forced Air, Hot Water, Natural Gas
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Henry Clay High School, Public Magnet Grades 9-12
  • Morton Middle School, Public District Grades 6-8
  • Ashland Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Corner of Richmond Road and Bassett Avenue. Driveway is off Bassett Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $748,000

Tax Information:

  • Annual Amount: $6,396
  • Tax Year: 2020
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Housing Market Comparison

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

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Lexington, KY

City

Med. Sold Price

$313.3K

Med. Price/SqFt

$150

Avg. Days On Market

16

# of Sold Homes

298

1501 Richmond Rd vs Lexington

12 DAYS ON ROCKET

-4 Days

$748,000

+$434.6K More

KEY TAKEAWAY

This property is $434.6K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24009311

Listing Office:

  • Office Name: Rector Hayden Realtors
  • Office Phone: (859) 276-4811

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: 5/22/2024, 11:20:36 PM 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$6,396$540,000
2019$6,396$540,000
2018$6,418$540,000

History based on county public records data.

Payment Calculator

$3,801

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,309

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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-423587
7
/10

  • Ashland Elementary School

  • 195 N Ashland Ave

  • 0.60 miles

  • Public District Grades KG-5

Middle School

school-card-donut-423588
6
/10

  • Morton Middle School

  • 1225 Tates Creek Rd

  • 0.81 miles

  • Public District Grades 6-8

High School

school-card-donut-423589
5
/10

  • Henry Clay High School

  • 2100 Fontaine Rd

  • 1.04 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,406. Most Lexington, KY residents have annual incomes between $35k-100k. Most families are 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 1501 Richmond Rd

What is the listing price of this property?

The listing price of 1501 Richmond Rd property is $748,000.

What type of property is this?

The property 1501 Richmond Rd is a house located in Lexington, Kentucky, 40502.

Is this property for sale now?

Active Listing: 1501 Richmond 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 1501 Richmond Rd are:
Ashland Elementary School: GreatSchools Rating 7/10
Morton Middle School: GreatSchools Rating 6/10
Henry Clay High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,396 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1501 Richmond Rd has 4 bedrooms and 3 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 1501 Richmond Rd is 1923.

Rocket Homes›Kentucky›Fayette County›Lexington›40502›1501 Richmond Rd

This home is located at 1501 Richmond Rd in Lexington, KY and zip code 40502 in the Kenwick neighborhood. This home, which was built in 1923, sits on a 0.33 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $748,000.

Over 95 listings were sold over their listed price in April 2024 in Lexington, KY. In the same period over 106 listings were sold below the listed price and 97 listings were sold for the listed price. The inventory of homes for sale in Lexington, KY between March 2024 and April 2024 increased by 11.5%. In April 2024, listings were on the market for 16 days. During the same period, the median list price in this real estate market was $313,312.

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

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