2 years on rocket

5898 Old Richmond Rd, Lexington, KY, 40515

$524,900

Home List Price

$6,233*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
House

Location

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5898 Old Richmond Rd, Lexington$524,900

Buyer Closing Credits

$6,233*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built1935
HeatingNone
CoolingNone
BasementYes
MLS #22022421
Lot Size3.91 Acres
StatusActive

About 5898 Old Richmond Rd

Farm house on acreage ready for your touch. Home is gutted to studs. Plumbing and electrical is mostly done.

Property Details

Property Features

Property Information:

  • Year Built: 1935
  • Stories: 2

Listing Office:

  • Office Name: RE/MAX Creative Realty
  • Office Phone: (859) 422-2000

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Flooring Type: Hardwood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Lot Features

Lot Information:

  • Lot Size: 3.91 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: old richmond rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $524,900

Tax Information:

  • Annual Amount: $4,416
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lexington, KY.

Med. Sold Price

$325.1K

Med. Price/SqFt

$144

Avg. Days On Market

21

# of Sold Homes

237

5898 Old Richmond Rd vs Lexington

799 DAYS ON ROCKET

+778 Days

$524,900

+$199.7K More

KEY TAKEAWAY

This property is $199.7K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #22022421

Listing Office:

  • Office Name: RE/MAX Creative Realty
  • Office Phone: (859) 422-2000

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, 2:21:03 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

Mar 02, 2015Home Sold
$376,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,416$400,000
2019$4,416$400,000
2018$4,416$400,000

History based on county public records data.

Payment Calculator

$2,687

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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-12705
9
/10
  • Athens-Chilesburg Elementary School

  • 930 Jouett Creek Dr

  • 3.62 miles

  • Public District Grades KG-5

school-card-donut-12706
7
/10
  • Squires Elementary School

  • 3337 Squire Oak Dr

  • 3.63 miles

  • Public District Grades PK-5

school-card-donut-12707
7
/10
  • Garrett Morgan Elementary School

  • 1150 Passage Mound Way

  • 4.50 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $85,000. The most common annual income of people living in Lexington, KY is between $35k-100k. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5898 Old Richmond Rd

What is the listing price of this property?

The listing price of 5898 Old Richmond Rd property is $524,900.

What type of property is this?

The property 5898 Old Richmond Rd is a house located in Lexington, Kentucky, 40515.

Is this property for sale now?

Active Listing: 5898 Old Richmond Rd 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 $4,416 (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 2, 2015 for $376,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5898 Old Richmond Rd has 4 bedrooms and 3 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 5898 Old Richmond Rd is 1935.

Rocket HomesKentuckyFayette CountyLexington405155898 Old Richmond Rd

This home is located at 5898 Old Richmond Rd in Lexington, KY and zip code 40515 in the Old Richmond Road neighborhood. This home, which was built in 1935, sits on a 3.91 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 10, 2022 and is currently priced at $524,900.

In November 2024 more than 44 listings in Lexington, KY were sold above the asking price. During the same period more than 65 listings were sold at asking price, while more than 128 were sold below. The inventory of homes for sale in Lexington, KY between October 2024 and November 2024 decreased by 4.7%. In November 2024, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $325,139.

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

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