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1509 Richmond Rd, Lexington, KY, 40502

$1,195,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 2 Partial
House

Location

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1509 Richmond Rd, Lexington$1,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Other, Driveway
Year Built1927
HeatingNatural Gas, Forced Air
CoolingHeat Pump
BasementYes
FireplaceLiving Room, Primary Bedroom, Masonry
MLS #24023743
Lot Size0.22 Acres
StatusAccepting Backup Offers
(Contingent)

About 1509 Richmond Rd

Welcome to an exquisite 4-bedroom, 3 full and 2 half bathroom residence, including a custom designed 'In-Law Suite' completely finished with 1 bedroom and 1 full bathroom above the two car garage. All of this nestled in one of Lexington's most prestigious neighborhoods. As you enter you are welcomed into an inviting foyer, and grand staircase, with genuine hardwood floors that span throughout. The main level is thoughtfully designed for both elegance and functionality, featuring a formal dining room, an expansive living room, a cozy family room, and a chef's kitchen. The primary suite on this floor offers a sanctuary of comfort, complete with a spa-like ensuite and a spacious walk-in closet. Ascend to the second floor, where two additional bedrooms share a beautifully appointed full bathroom, alongside a secondary primary suite with its own luxurious bath, creating an exceptional layout for multi-generational living or private guest quarters. The finished basement extends the home's versatility, with an additional half bath, perfect for entertainment or leisure. Directly across from the Ashland Park Henry Clay Estate this home truly has everything to offer! This is the one!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1927
  • Stories: 2

Listing Office:

  • Office Name: Keller Williams Bluegrass Realty
  • Office Phone: (859) 260-1444

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Water Heater, Refrigerator, Range, Microwave
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Interior: Dining Area, Entrance Foyer, Bedroom First Floor, Primary First Floor, In-Law Floorplan, Walk-In Closet(s)
  • Fireplace: Living Room, Primary Bedroom, Masonry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Patio, Porch

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Richmond Road directly across from the Henry Clay Estate between Sherman Avenue and Bassett Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,195,000

Tax Information:

  • Annual Amount: $7,850
  • 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

$324.7K

Med. Price/SqFt

$146

Avg. Days On Market

22

# of Sold Homes

279

1509 Richmond Rd vs Lexington

2 DAYS ON ROCKET

-20 Days

$1,195,000

+$870.2K More

KEY TAKEAWAY

This property is $870.2K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24023743

Listing Office:

  • Office Name: Keller Williams Bluegrass Realty
  • Office Phone: (859) 260-1444

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: 11/17/2024, 11:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 22, 2018Home Sold
$560,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,850$614,500
2019$7,153$560,000
2018$5,691$445,500

History based on county public records data.

Payment Calculator

$6,032

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,649

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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-606468
7
/10

  • Ashland Elementary School

  • 195 N Ashland Ave

  • 0.62 miles

  • Public District Grades KG-5

school-card-donut-606469
6
/10

  • Cassidy Elementary School

  • 1125 Tates Creek Rd

  • 0.77 miles

  • Public District Grades KG-5

school-card-donut-606470
6
/10

  • Breckinridge Elementary School

  • 2101 Saint Mathilda Dr

  • 0.96 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,406. Residents of Lexington, KY typically earn between $35k-100k each year. The majority of 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 1509 Richmond Rd

What is the listing price of this property?

The listing price of 1509 Richmond Rd property is $1,195,000.

What type of property is this?

The property 1509 Richmond Rd is a house located in Lexington, Kentucky, 40502.

Is this property for sale now?

Accepting Backup Offers: 1509 Richmond 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 $7,850 (source: MLS/based on county public records data).

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

The last sale was on October 22, 2018 for $560,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1509 Richmond Rd has 5 bedrooms and 4 full and 2 half bathrooms.

Which year was this property built?

The year of construction for 1509 Richmond Rd is 1927.

Rocket Homes›Kentucky›Fayette County›Lexington›40502›1509 Richmond Rd

This home is located at 1509 Richmond Rd in Lexington, KY and zip code 40502 in the Kenwick neighborhood. This home, which was built in 1927, sits on a 0.22 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $1,195,000.

Over 60 listings were sold over their listed price in October 2024 in Lexington, KY. In the same period over 160 listings were sold below the listed price and 59 listings were sold for the listed price. The inventory of homes for sale in Lexington, KY between September 2024 and October 2024 increased by 1.6%. Listings spent 22 days on the market in October 2024, and had a median list price of $324,770 during the same period.

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

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