See Home Value
Madison 40475
1008 Palmetto Drive
$498,804*
House - Off Market

1008 Palmetto Drive

Richmond, KY 40475
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3728 Sqft
$306,000 - $372,000
Reference Base Price*
46.75%
Since Aug 1, 2019
National-US
Primary Model
Sold Aug 20, 2019
$319,900
$269,900 by Republic State Mortgage Co
Mortgage Due Sep 01, 2049
Sold Mar 15, 2016
$297,500
$282,625 by Bank Of Lexington Inc
Mortgage Due Apr 01, 2046

About This Property

Ranch Home in Indigo Run! This home features a foyer with hardwood flooring; great room with hardwood flooring, vaulted ceiling and fireplace; kitchen with hardwood flooring, updated kitchen cabinets, and tiled backsplash; large laundry room with utility sink; spacious dining room with hardwood flooring and beautiful crown molding; master bedroom with tray ceiling with beautiful master bath with double bowl vanity, whirlpool tub and separate shower. Two spacious guest bedrooms and a full bath with ceramic tile flooring complete the first floor. The finished basement has a large recreation area, a full bath, bedroom and two other rooms perfect for home office and work out space! There is plenty of room for lawn equipment storage and more in the utility garage. Outdoors you'll enjoy two deck and a patio overlooking the farm behind the house. The huge flat yard is perfect for outdoor play! Just minutes to Richmond, Winchester, and Lexington.

The manager has listed the unit size as 3728 square feet.
Unit Size
3,728Ft²
Days on Market
-
Land Size
1.46 acres
Price per sqft
$91
Property Type
House
Property Taxes
-
HOA Dues
$10
Year Built
-

Price History

Date / Event Date Event Price
Aug 20, 2019 Sold to Joel Edward Ford, Judith Br... $319,900
Sold to Joel Edward Ford, Judith Br...
Jul 20, 2019 No longer available -
No longer available
Jul 12, 2019 Price Decreased $339,900
↓ $7K (2.1%)
Price Decreased
Jun 20, 2019 Listed $347,000
Listed

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 2,064
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 63,598
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,064
  • Building Area: 2,064
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,064
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: INDIGO RUN
  • Land Acres: 1.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: INDIGO RUN LOT 55

Ownership

  • Current Owner : FORD JUDITH BROWDER
  • Current Owner 2: FORD JOEL EDWARD
  • Previous Owner : GROVES PAUL E
  • Previous Owner 2: GROVES MICAH SANNING
  • Owner Before Previous Owner: NAPIER MICHAEL
  • Owner Before Previous Owner 2: NAPIER DANITA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 010103

Geography

  • Account Number: 120826
  • District: 01
  • Parcel: 0040-0001-0055
  • Block: 2
  • Lot: 55
  • Municipality: COUNTY
  • Latitude: 37.8117
  • Longitude: -84.3607

    Address

  • Full Address: 1008 Palmetto Dr
  • Address - House Number: 1008
  • Address - Street Name: Palmetto
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Richmond
  • Carrier Code: R017
  • 4-Digit Zip Code: 8224
  • Zip Code: 40475

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,103
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 9
  • Final Value: 411,487
  • High Value: 598,635
  • Low Value: 224,338

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $269,900
  • First Open Lien Mortgage Lender: REPUBLIC STATE MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Aug 20, 2019
  • First Open Lien Mortgage Loan Amount: $269,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2049

    Market Valuation

  • Market Total Value: $319,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $319,900

    Sales

  • Current Sale Contract Date: Aug 19, 2019
  • Current Sale Recording Date: Aug 20, 2019
  • Current Sale Transaction ID: 11642163458
  • Current Sale Price: $319,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2013997334
  • Previous Sale Recording Date: Mar 15, 2016
  • Previous Sale Contract Date: Mar 11, 2016
  • Previous Sale Amount: $297,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: REPUBLIC STATE MORTGAGE CO
  • First Mortgage Transaction Date: Aug 20, 2019
  • First Mortgage Loan Amount: $269,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF LEXINGTON INC
  • Previous Mortgage Transaction Date: Mar 15, 2016
  • Previous Mortgage Loan Amount: $282,625
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2046



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Madison


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Frequently Asked Questions

When was property at 1008 Palmetto Drive built and last sold?
The property at 1008 Palmetto Drive was built in and last sold on Aug 19, 2019 for $319,900.
How much is this home worth?
The estimated value of the home located at 1008 Palmetto Drive is $355,409.
What are some comparable homes to 1008 Palmetto Drive?
There are currently no comparable homes to 1008 Palmetto Drive.

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