19 days on rocket

109 Shermans Ln, Richmond, KY, 40475

$445,000

Home List Price

$5,284*

Closing Credit

4 Bedrooms
3 Full Baths
House

Location

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109 Shermans Ln, Richmond$445,000

Buyer Closing Credits

$5,284*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built2017
HeatingElectric, Heat Pump
CoolingHeat Pump, Electric
MLS #24023199
Lot Size0.36 Acres
StatusActive

About 109 Shermans Ln

Discover this spacious two-story home located in desirable Shiloh Cove in North Madison County. Boasting 4 large bedrooms- including one conveniently situated on the main level- and 3 full baths, this property is perfect for accommodating everyone. Enjoy formal dining and large eat in kitchen complete with granite, pantry, and mud room plus cozy living room all on the main level with an open plan to entertain guests for those upcoming holidays! The second level has a primary ensuite features a full bath and expansive walk in closet. Two other generous size bedrooms that share a full bath, and loft/bonus area great for flex space or second family room. Benefit from the ample walk up attic for additional storage. The fenced yard adds privacy, and the home is located in a great location with easy access to I-75, for quick commutes to Lexington, Richmond, and Winchester

Property Details

Property Features

Property Information:

  • Year Built: 2017
  • Stories: 2

Listing Office:

  • Office Name: The Real Estate Co.
  • Office Phone: (859) 979-1508

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Refrigerator, Range, Microwave
  • Flooring Type: Carpet, Tile, Hardwood
  • Interior: Dining Area, Breakfast Bar, Bedroom First Floor, Entrance Foyer - 2 Story, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Patio, Porch

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.36 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Exit 95 to Lexington Rd. Left on Shermans Lane

Price Information

Listing Price Info

Price Summary:

  • List Price: $445,000

Tax Information:

  • Annual Amount: $2,809
  • 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

$300.3K

Med. Price/SqFt

$106

Avg. Days On Market

37

# of Sold Homes

59

109 Shermans Ln vs Richmond

19 DAYS ON ROCKET

-18 Days

$445,000

+$144.7K More

KEY TAKEAWAY

This property is $144.7K more than the Median Sold Price in Richmond, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24023199

Listing Office:

  • Office Name: The Real Estate Co.
  • Office Phone: (859) 979-1508

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: 11/23/2024, 4:20:51 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

Mar 17, 2017Home Sold
$277,900

Tax History

YEARPROP. TAXASSESSMENT
2020$2,809$277,600
2019$2,822$277,600
2018$2,821$277,600

History based on county public records data.

Payment Calculator

$2,288

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,401

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NMLS#3030

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-802334
4
/10

  • Boonesborough Elementary School

  • 1342 Boonesborough Rd

  • 1.27 miles

  • Public District Grades PK-5

school-card-donut-802335
6
/10

  • White Hall Elementary School

  • 2166 Lexington Rd

  • 5.60 miles

  • Public District Grades 1-5

school-card-donut-802336
7
/10

  • Glenn Marshall Elementary School

  • 1442 Robert R Martin Bypass

  • 6.25 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 $95,469. The majority of Richmond, KY residents have income between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Richmond, 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 type of housing is available in Richmond, KY?

Richmond's housing market showcases a diverse array of options, with single-family homes being a significant presence. The architectural styles in the area range from classic colonial to contemporary, reflecting the city's historical roots and modern growth. The market is balanced with a mix of both homeowners and renters, providing living spaces for a variety of preferences and needs.

Is Richmond, KY a good place to live?

Richmond is celebrated for its historical significance and vibrant community spirit. The city prides itself on its rich cultural heritage, with numerous landmarks and museums that pay homage to its past. Annual events and festivals contribute to the strong sense of community, drawing residents together to celebrate and foster local traditions.

Are things conveniently located in Richmond, KY?

The community is served by a robust educational system, including multiple public schools at the elementary, middle, and high school levels, as well as private educational institutions. Healthcare services are comprehensive, with facilities offering a range of medical care. The public library system supports lifelong learning, and the city's retail and dining establishments reflect the local culture and cuisine. Initiatives are in place to adapt services to the evolving needs of Richmond's diverse population.

What does the transportation in Richmond, KY look like?

Richmond's transport infrastructure caters to a variety of mobility needs, with public transit options complementing the network of roads and highways that connect the city. The area's walkability varies, with certain neighborhoods being more pedestrian-friendly than others. Bike paths are also available for cycling enthusiasts. Enhancements to the transportation system are ongoing, aiming to improve the efficiency and accessibility for all residents.

Frequently Asked Questions About 109 Shermans Ln

What is the listing price of this property?

The listing price of 109 Shermans Ln property is $445,000.

What type of property is this?

The property 109 Shermans Ln is a house located in Richmond, Kentucky, 40475.

Is this property for sale now?

Active Listing: 109 Shermans 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 $2,809 (source: MLS/based on county public records data).

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

The last sale was on March 17, 2017 for $277,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 109 Shermans Ln has 4 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 109 Shermans Ln is 2017.

Rocket Homes›Kentucky›Madison County›Richmond›40475›109 Shermans Ln

This home is located at 109 Shermans Ln in Richmond, KY and zip code 40475. This home, which was built in 2017, sits on a 0.36 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 03, 2024 and is currently priced at $445,000.

While more than 7 listings in Richmond, KY in October 2024 were sold above asking price, there were more than 15 listings sold at asking price, and more than 37 were sold below. The number of homes for sale in Richmond, KY increased by 9% between September 2024 and October 2024. While the average time on the market in October 2024 was 37 days, the median list price was $300,300.

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

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