5 months on rocket

501 Lee Ct, Richmond, KY, 40475

$230,000

Home List Price

$2,731*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
House

Location

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501 Lee Ct, Richmond$230,000

Buyer Closing Credits

$2,731*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1977
HeatingBaseboard
CoolingOther
FireplaceWood Burning
MLS #24011464
Lot Size0.25 Acres
StatusActive

About 501 Lee Ct

Charming Ranch Home with Multiple Garages in Northern Madison CountyWelcome to your new home! Nestled in the serene Northern Madison County, this delightful 3-bedroom, 1.5-bath ranch offers the perfect blend of comfort and convenience. Located just off Interstate I-75 at exit 95, you're only 20 minutes away from the vibrant city of Lexington.Close Proximity to schools, parks, and local amenitiesQuiet and friendly neighborhoodPotential for customization and personalization to suit your taste.This home is a rare find in a sought-after location. Whether you're a first-time buyer, looking to downsize, or seeking a convenient commute to Lexington, this property offers a fantastic opportunity.House is being sold AS IS..

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1977
  • Stories: 1

Listing Office:

  • Office Name: Kassie & Associates
  • Office Phone: (859) 806-4111

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Laminate, Vinyl, Wood
  • Interior: Ceiling Fan(s), Dining Area, Other
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Storm Door(s)

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Other

School Info

Assigned Schools Information:

  • Madison Central High School, Public District Grades 9-12
  • Model Laboratory High School, Public District Grades 9-12
  • B. Michael Caudill Middle School, Public District Grades 6-8
  • Model Laboratory Middle School, Public District Grades 6-8
  • White Hall Elementary School, Public District Grades PK-5
  • Model Laboratory Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: 75 South from Lexington Exit 95 Left on KY 627 N/State Hwy 3055Boonesborough RDRight on Colonel RD Left on Boone Trail RDRight on Begley LNLeft on Lee CT

Price Information

Listing Price Info

Price Summary:

  • List Price: $230,000

Tax Information:

  • Annual Amount: $665
  • 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

501 Lee Ct vs Richmond

151 DAYS ON ROCKET

+114 Days

$230,000

-$70.3K Less

KEY TAKEAWAY

This property is $70.3K less than the Median Sold Price in Richmond, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24011464

Listing Office:

  • Office Name: Kassie & Associates
  • Office Phone: (859) 806-4111

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: 11/5/2024, 11:55:51 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$665$105,000
2019$668$105,000
2018$685$105,000

History based on county public records data.

Payment Calculator

$1,215

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$756

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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-104223
6
/10

  • White Hall Elementary School

  • 2166 Lexington Rd

  • 3.22 miles

  • Public District Grades PK-5

school-card-donut-104224
7
/10

  • Model Laboratory Elementary School

  • 521 Lancaster Ave

  • 5.65 miles

  • Public District Grades PK-5

Middle School

school-card-donut-104225
7
/10

  • B. Michael Caudill Middle School

  • 1428 Robert R. Martin By Pass

  • 3.65 miles

  • Public District Grades 6-8

school-card-donut-104226
7
/10

  • Model Laboratory Middle School

  • 521 Lancaster Ave

  • 5.65 miles

  • Public District Grades 6-8

High School

school-card-donut-104227
6
/10

  • Madison Central High School

  • 705 N 2nd St

  • 4.89 miles

  • Public District Grades 9-12

school-card-donut-104228
8
/10

  • Model Laboratory High School

  • 521 Lancaster Ave

  • 5.65 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,750. Residents of Richmond, KY typically earn between $35k-100k each year. Residents typically live in married, with kids family. The majority of residents in this area have post secondary degree education.

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.

Types of housing 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.

What is it like to live in Richmond, KY?

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.

Is it easy to get around Richmond, KY without a car?

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.

Transportation in Richmond, KY.

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 501 Lee Ct

What is the listing price of this property?

The listing price of 501 Lee Ct property is $230,000.

What type of property is this?

The property 501 Lee Ct is a house located in Richmond, Kentucky, 40475.

Is this property for sale now?

Active Listing: 501 Lee Ct is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 501 Lee Ct are:
White Hall Elementary School: GreatSchools Rating 6/10
Model Laboratory Elementary School: GreatSchools Rating 7/10
B. Michael Caudill Middle School: GreatSchools Rating 7/10
Model Laboratory Middle School: GreatSchools Rating 7/10
Madison Central High School: GreatSchools Rating 6/10
Model Laboratory High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $665 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 501 Lee Ct has 3 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 501 Lee Ct is 1977.

Rocket Homes›Kentucky›Madison County›Richmond›40475›501 Lee Ct

This home is located at 501 Lee Ct in Richmond, KY and zip code 40475. This home, which was built in 1977, sits on a 0.25 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 07, 2024 and is currently priced at $230,000.

Richmond, KY housing market in October 2024 saw over 7 listings sold above listed price, more than 15 sold at listed price and over 37 sold below. The number of homes for sale in Richmond, KY increased by 9% between September 2024 and October 2024. In October 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $300,300.

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

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