Why not customize and have your dream home built in a beautiful restricted residential community located just minutes from I-75? Lake Ridge Estates offers 1-3 acre lots in two phases beginning at $45,000 and up. Lakefront and lake view lots are available to enjoy while entertaining family & friends, or just to relax and soak up the view. Call for more information or to take a look at this gorgeous gated subdivision. (Phase 1)
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Legacy Group
Office Phone: (859) 661-1225
Lot Features
Lot Information:
Lot Size: 1.76 Acres
Other
Directions Information:
Directions: Take I-75 South to Exit 87. Turn left onto the Eastern Bypass continue straight. Turn right onto KY-52 W/Lancaster Ave. for 3.7 miles. Turn right onto Hagan's Mill Road and then turn right into Lake Ridge Estates.
Price Information
Listing Price Info
Price Summary:
List Price: $82,500
Tax Information:
Annual Amount: $101
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Richmond, KY.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$479
Per Month
Principal & Interest
$412
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$314
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Kirksville Elementary School
2399 Lancaster Rd
Distance between this listing and this school1.17 miles
Public District Grades PK-5
6
/10
Kit Carson Elementary School
450 Tates Creek Rd
Distance between this listing and this school3.96 miles
Public District Grades 1-5
5
/10
Daniel Boone Elementary School
710 N 2nd St
Distance between this listing and this school4.64 miles
Public District Grades 1-5
Nearby Schools
6
/10
Madison Middle School
101 Summit St
Distance between this listing and this school3.81 miles
Public District Grades 6-8
4
/10
Clark Moores Middle School
1143 Berea Rd
Distance between this listing and this school4.14 miles
Public District Grades 6-8
7
/10
B. Michael Caudill Middle School
1428 Robert R Martin Bypass
Distance between this listing and this school5.63 miles
Public District Grades 6-8
Nearby Schools
6
/10
Madison Central High School
705 N 2nd St
Distance between this listing and this school4.57 miles
Public District Grades 9-12
7
/10
Madison Southern High School
279 Glades Rd
Distance between this listing and this school8.37 miles
Public District Grades 9-12
4
/10
Berea Community High School
1 Pirate Pkwy
Distance between this listing and this school8.84 miles
The neighbors living near this home have an average income of $71,698. The most common annual income of people living in Richmond, KY is between $35k-100k. The most common type of family is married, no kids. 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.
What are the common housing types 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 are the advantages of living 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.
Are essential services in Richmond, KY convenient?
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.
How do Richmond, KY residents get around?
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 966 Champion Way
What is the listing price of this property?
The listing price of 966 Champion Way property is $82,500.
What type of property is this?
The property 966 Champion Way is land located in Richmond, Kentucky, 40475.
Is this property for sale now?
Active Listing: 966 Champion Way 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 $101 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 966 Champion Way in Richmond, KY and zip code 40475. This home sits on a 1.76 acre lot. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $82,500.
While more than 7 listings in Richmond, KY in November 2024 were sold above asking price, there were more than 22 listings sold at asking price, and more than 31 were sold below. The number of listings in Richmond, KY increased by 1.4% between October 2024 and November 2024. In November 2024 median list price was $305,072 and the average listing age was 40 days.
From Rocket Homes Real Estate and based on county public records data.