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1000 Merrick Drive

1000 Merrick Drive, Richmond, KY 40475
Property in Madison
Sold Oct 11, 2018
$162,000
$170,000 by Kentucky Bank
Mortgage Due Oct 11, 2043
1000 Merrick Drive has been categorized by the local assessors in Richmond, KY as a residential type of property. The building has a total of 2 stories. In addition, 1000 Merrick Drive has 2,224 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,449 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The exterior walls of the building are made of brick veneer. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1000 Merrick Drive was last sold in Oct 11, 2018 for $162,000. According to our calculations, that's $72.84 per sqft. Current property owners are expected to pay $1,571 in taxes per year. The property on 1000 Merrick Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $162,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Style: Duplex
  • Exterior Walls Type: Brick veneer
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,449
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,224
  • Building Area: 2,224
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,224
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MERRICK PLACE
  • Land Acres: 0.239
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: MERRICK PLACE LOT 53

Ownership

  • Current Owner : GT PARKE RENTALS LLC
  • Previous Owner : JOSH BARRETT HOMES LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 010301

Geography

  • Account Number: 134274
  • District: 02
  • Parcel: 0068-008D-0053
  • Lot: 53
  • Municipality: RICHMOND ANNEX
  • Latitude: 37.7534
  • Longitude: -84.2784

    Address

  • Full Address: 1000 Merrick Dr
  • Address - House Number: 1000
  • Address - Street Name: Merrick
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Richmond
  • Carrier Code: R027
  • 4-Digit Zip Code: 8132
  • Zip Code: 40475

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,571
  • Tax Rate Code Area: 02

    Appraisal Valuation

  • Standard Deviation: 0.2779
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 60
  • Final Value: 232,825
  • High Value: 297,529
  • Low Value: 168,122

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,000
  • First Open Lien Mortgage Lender: KENTUCKY BANK
  • First Open Lien Mortgage Recording Date: Oct 11, 2018
  • First Open Lien Mortgage Loan Amount: $170,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Oct 11, 2043

    Market Valuation

  • Market Total Value: $162,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,000

    Sales

  • Current Sale Contract Date: Oct 11, 2018
  • Current Sale Recording Date: Oct 11, 2018
  • Current Sale Transaction ID: 11522010593
  • Current Sale Price: $162,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2013983177

    Last Sale Mortgage

  • First Mortgage Lender: KENTUCKY BANK
  • First Mortgage Transaction Date: Oct 11, 2018
  • First Mortgage Loan Amount: $170,000
  • First Mortgage Terms: 299
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Oct 11, 2043

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1000 Merrick Drive located in?
The 1000 Merrick Drive is a located in the neighborhood of Madison in Richmond, Richmond.
What is the average sales price for listings in 1000 Merrick Drive?
The average sales price for units in 1000 Merrick Drive is $0 currently.

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