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1408 Champion Way, Richmond, KY, 40475

$1,250,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
House

Location

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1408 Champion Way, Richmond$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built2020
HeatingElectric, Heat Pump
CoolingHeat Pump, Electric
BasementYes
FireplaceDining Room, Outside, Great Room, Gas Log
MLS #24021520
Lot Size2.69 Acres
StatusActive

About 1408 Champion Way

Welcome to your DREAM home!! This exquisite custom-built home, just 4 years old, is nestled in one of Madison Co's most prestigious neighborhoods. This stunner offers the perfect blend of comfort and luxury with gorgeous views of Wilgreen Lake! Enjoy evenings outside on the deck by the custom fireplace or throw a line in the water down by the lake! Sitting on over 2.6 acres, with gorgeous views, you'll have plenty of space to enjoy the outdoors with family and friends. Inside you'll find an expansive floor plan. The garage entryway has been recently updated with a massive, custom drop zone for your family's needs. The chefs kitchen is a dream come true, offering high end Wolf appliances, quartz countertops, custom cabinets, gas cooktop, pot filler and ample space to host a crowd! The spacious layout offers an open floor plan that seamlessly connects living spaces, perfect for entertaining and family gatherings. The expansive primary bedroom ,with its spa like ensuite bathroom, is a perfect place to relax and recharge. Don't miss out on your opportunity to own this custom beauty! Priced UNDER appraised value!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, Craftsman
  • Year Built: 2020
  • Stories: 1

Listing Office:

  • Office Name: Keller Williams Legacy Group
  • Office Phone: (859) 779-8964

Interior Features

Interior Information:

  • Appliances: Disposal, Electric Water Heater, Tankless Water Heater, Cooktop, Refrigerator, Microwave, Dishwasher, Double Oven
  • Basement: Yes
  • Flooring Type: Hardwood, Tile, Marble
  • Interior: Dining Area, Breakfast Bar, Entrance Foyer, Bedroom First Floor, Primary First Floor, Entrance Foyer - 2 Story, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: Dining Room, Outside, Great Room, Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Deck, Storm Door(s)

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 2.69 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From I-75 S. take exit 83 (Duncannon) and turn Right. Go approx .4 miles and turn R onto Caleast Rd. Travel approx 2 miles to the end of Caleast. At the stop sign, go straight, crossing over lancaster road. Go approximately .5 miles and turn Right into Lake Ridge Estates. This is a gated community but with the home building going on, the gate is usually open. Home is approximately 1.3 miles

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000

Tax Information:

  • Annual Amount: $1,265
  • 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

$305K

Med. Price/SqFt

$104

Avg. Days On Market

40

# of Sold Homes

60

1408 Champion Way vs Richmond

58 DAYS ON ROCKET

+18 Days

$1,250,000

+$944.9K More

KEY TAKEAWAY

This property is $944.9K more than the Median Sold Price in Richmond, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24021520

Listing Office:

  • Office Name: Keller Williams Legacy Group
  • Office Phone: (859) 779-8964

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: 12/18/2024, 3:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 26, 2018Home Sold
$125,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,265$125,000
2019$1,271$125,000
2018$102$10,000

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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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-4360718
6
/10

  • Kirksville Elementary School

  • 2399 Lancaster Rd

  • 1.75 miles

  • Public District Grades PK-5

school-card-donut-4360719
6
/10

  • Kit Carson Elementary School

  • 450 Tates Creek Rd

  • 3.48 miles

  • Public District Grades 1-5

school-card-donut-4360720
5
/10

  • Daniel Boone Elementary School

  • 710 N 2nd St

  • 4.25 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 $71,698. Typical income of Richmond, KY residents is between $35k-100k annually. The majority of families are 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 1408 Champion Way

What is the listing price of this property?

The listing price of 1408 Champion Way property is $1,250,000.

What type of property is this?

The property 1408 Champion Way is a house located in Richmond, Kentucky, 40475.

Is this property for sale now?

Active Listing: 1408 Champion Way 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 $1,265 (source: MLS/based on county public records data).

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

The last sale was on November 26, 2018 for $125,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1408 Champion Way has 5 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 1408 Champion Way is 2020.

Rocket Homes›Kentucky›Madison County›Richmond›40475›1408 Champion Way

This home is located at 1408 Champion Way in Richmond, KY and zip code 40475. This home, which was built in 2020, sits on a 2.69 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $1,250,000.

Over 7 listings were sold over their listed price in November 2024 in Richmond, KY. In the same period over 31 listings were sold below the listed price and 22 listings were sold for the listed price. The inventory of homes for sale in Richmond, KY between October 2024 and November 2024 increased by 1.4%. In November 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $305,072.

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

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