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323 Richmond Ave, Lexington, KY, 40502

$297,500

Home List Price

$3,533*

Closing Credit

2 Bedrooms
1 Full Bath
House

Location

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323 Richmond Ave, Lexington$297,500

Buyer Closing Credits

$3,533*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street, Other
Year Built1935
HeatingElectric
CoolingElectric
MLS #24015491
Lot Size0.10 Acres
StatusAccepting Backup Offers
(Contingent)

About 323 Richmond Ave

Welcome to your dream home in the highly sought-after Kenwick area of Lexington, KYStep inside to discover an inviting, updated interior that seamlessly blends style and comfort. The spacious living areas are perfect for entertaining or relaxing with family. The modern kitchen, equipped with top-of-the-line appliances, is a chef's delight, ready to inspire your culinary creations. A unique propery zoned R-2 two family residential.... featuring a 640sq ft detatched property in the back yard! With a little bit of work, this versatile space could be transformed into a lucrative Airbnb, a cozy guest house, or even a serene yoga studio. The possibilities are endless!The expansive backyard is a true oasis, featuring a large patio that is perfect for hosting gatherings or enjoying quiet evenings under the stars. The lush greenery and ample space provide a peaceful retreat right in your own home.Owner is replacing the guest house flooring!This unique property offers an exceptional blend of location, luxury and fun!

Property Details

Property Features

Property Information:

  • Year Built: 1935
  • Stories: 1

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 624-6448

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Flooring Type: Hardwood, Laminate, Tile
  • Interior: Bedroom First Floor, Primary First Floor

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

Other

Directions Information:

  • Directions: To get to 323 Richmond Road in Lexington from Nicholasville Road, head north towards downtown, continue straight onto South Limestone Street, passing through the University of Kentucky campus. At the intersection with Avenue of Champions/Euclid Avenue, turn right. Follow it until it merges into Richmond Road. Continue on Richmond Road until you reach 323 Richmond Road on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $297,500

Tax Information:

  • Annual Amount: $2,031
  • 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

323 Richmond Ave vs Lexington

119 DAYS ON ROCKET

+97 Days

$297,500

-$27.2K Less

KEY TAKEAWAY

This property is $27.2K less than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24015491

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 624-6448

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: 11/21/2024, 1:20:53 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

Jul 28, 2016Home Sold
$159,000
Jul 28, 2016Home Sold
$159,000
Jul 29, 2010Home Sold
$117,500
Dec 14, 2009Home Sold
$60,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,031$159,000
2019$2,031$159,000
2018$2,031$159,000

History based on county public records data.

Payment Calculator

$1,552

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$958

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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-312848
7
/10

  • Ashland Elementary School

  • 195 N Ashland Ave

  • 0.31 miles

  • Public District Grades KG-5

school-card-donut-312849
1
/10

  • William Wells Brown Elementary School

  • 555 E Fifth St

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-312850
5
/10

  • Maxwell Spanish Immersion Elementary School

  • 301 Woodland Ave

  • 1.03 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,798. Most Lexington, KY residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 323 Richmond Ave

What is the listing price of this property?

The listing price of 323 Richmond Ave property is $297,500.

What type of property is this?

The property 323 Richmond Ave is a house located in Lexington, Kentucky, 40502.

Is this property for sale now?

Accepting Backup Offers: 323 Richmond Ave 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 $2,031 (source: MLS/based on county public records data).

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

The last sale was on July 28, 2016 for $159,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 323 Richmond Ave has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 323 Richmond Ave is 1935.

Rocket Homes›Kentucky›Fayette County›Lexington›40502›323 Richmond Ave

This home is located at 323 Richmond Ave in Lexington, KY and zip code 40502 in the Mentelle neighborhood. This home, which was built in 1935, sits on a 0.10 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 25, 2024 and is currently priced at $297,500.

Lexington, KY housing market in October 2024 saw over 60 listings sold above listed price, more than 59 sold at listed price and over 160 sold below. The number of listings in Lexington, KY increased by 1.6% between September 2024 and October 2024. The median list price of listings available in October 2024 was $324,770, while the average time on the real estate market was 22 days.

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

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