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7037 Old Richmond Rd, Lexington, KY, 40515

$525,000

Home List Price

$6,234*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
House

Location

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7037 Old Richmond Rd, Lexington$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1969
HeatingHot Water
CoolingElectric
FireplaceGas Log, Living Room
MLS #24021301
Lot Size3.26 Acres
StatusActive

About 7037 Old Richmond Rd

Looking for space, privacy, and potential? This 4-bedroom, 2.5-bath home in southern Fayette County sits on over 3 acres and is ready for your personal touch. With large rooms throughout, a double-sided fireplace, and a spacious back deck overlooking the property, there's plenty of room to spread out, entertain, or relax. The home offers timeless character and endless possibilities to update and make it your own. If you've been dreaming of a home with charm and room to grow, this is your chance!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1969
  • Stories: 1

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Foster Realtors
  • Office Phone: (859) 623-9427

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Water Heater, Refrigerator, Range, Microwave
  • Flooring Type: Carpet, Tile
  • Interior: Dining Area, Breakfast Bar, Primary First Floor, Bedroom First Floor, Walk-In Closet(s), Ceiling Fan(s)
  • Fireplace: Gas Log, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck, Porch, Storm Door(s), Patio

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 3.26 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Electric

Other

Directions Information:

  • Directions: From Richmond Rd. turn right onto Old Richmond Rd. Travel 5.4 miles and property is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000

Tax Information:

  • Annual Amount: $1,774
  • 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

7037 Old Richmond Rd vs Lexington

39 DAYS ON ROCKET

+17 Days

$525,000

+$200.2K More

KEY TAKEAWAY

This property is $200.2K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24021301

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Foster Realtors
  • Office Phone: (859) 623-9427

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: 11/18/2024, 4:20:51 AM 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$1,774$200,000
2019$1,774$200,000
2018$1,793$200,000

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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-652120
9
/10

  • Athens-Chilesburg Elementary School

  • 930 Jouett Creek Dr

  • 4.83 miles

  • Public District Grades KG-5

school-card-donut-652121
7
/10

  • Squires Elementary School

  • 3337 Squire Oak Dr

  • 5.64 miles

  • Public District Grades PK-5

school-card-donut-652122
7
/10

  • Garrett Morgan Elementary School

  • 1150 Passage Mound Way

  • 5.67 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $85,000. Typical income of Lexington, KY residents is between $35k-100k annually. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7037 Old Richmond Rd

What is the listing price of this property?

The listing price of 7037 Old Richmond Rd property is $525,000.

What type of property is this?

The property 7037 Old Richmond Rd is a house located in Lexington, Kentucky, 40515.

Is this property for sale now?

Active Listing: 7037 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 $1,774 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7037 Old Richmond Rd has 4 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 7037 Old Richmond Rd is 1969.

Rocket Homes›Kentucky›Fayette County›Lexington›40515›7037 Old Richmond Rd

This home is located at 7037 Old Richmond Rd in Lexington, KY and zip code 40515 in the Old Richmond Road neighborhood. This home, which was built in 1969, sits on a 3.26 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $525,000.

While more than 60 listings in Lexington, KY in October 2024 were sold above asking price, there were more than 59 listings sold at asking price, and more than 160 were sold below. 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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