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140 Covington Way

140 Covington Way, Richmond, KY 40475
Property in Madison
Sold Feb 02, 2023
$77,000
Sold Dec 13, 2019
$162,500
$128,000 by Kentucky Bank
Mortgage Due Nov 15, 2049
Local assessors in Richmond, KY have categorized 140 Covington Way as a residential type of property. The property's lot size has been calculated to be 11,737 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 140 Covington Way has a total of 1,371 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 448 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Lots of brick were used in the construction of the exterior walls of the home. The property was last sold in Jan 31, 2023 for $77,000. That's $56.16 per sqft. Prior to that sales transaction, the property was also sold in Nov 15, 2019 for $162,500. 140 Covington Way was last assessed in 2023. The total value of the property was assessed at $162,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,127. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 448
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,737
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,371
  • Building Area: 1,371
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,371
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COVINGTON WOODS
  • Land Acres: 0.269
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COVINGTON WOODS LOT 11

Ownership

  • Current Owner : SPALDING JULIAN SCOTT
  • Current Owner 2: SPALDING ADRIAN ALAN
  • Previous Owner : BURCH ELIZABETH
  • Owner Before Previous Owner: LINDON JOSEPH S
  • Owner Before Previous Owner 2: LINDON VICTORIA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 010702

Geography

  • Account Number: 114034
  • District: 02
  • Section: 1
  • Parcel: 0055-0003-0011
  • Lot: 11
  • Municipality: RICHMOND ANNEX
  • Latitude: 37.751
  • Longitude: -84.3219

    Address

  • Full Address: 140 Covington Way
  • Address - House Number: 140
  • Address - Street Name: Covington
  • Address - Suffix Type: Way
  • State: KY
  • City Name: Richmond
  • Carrier Code: R025
  • 4-Digit Zip Code: 6836
  • Zip Code: 40475

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,127
  • Tax Rate Code Area: 02

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 9
  • Final Value: 347,863
  • High Value: 506,074
  • Low Value: 189,651

    Market Valuation

  • Market Total Value: $162,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 31, 2023
  • Current Sale Recording Date: Feb 02, 2023
  • Current Sale Transaction ID: 11901837772
  • Current Sale Price: $77,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 14130350
  • Previous Sale Recording Date: Dec 13, 2019
  • Previous Sale Contract Date: Nov 15, 2019
  • Previous Sale Amount: $162,500
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: KENTUCKY BANK
  • Previous Mortgage Transaction Date: Dec 13, 2019
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $128,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Nov 15, 2049

About Richmond



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Frequently Asked Questions

What neighborhood is 140 Covington Way located in?
The 140 Covington Way is a located in the neighborhood of Madison in Richmond, Richmond.
What is the average sales price for listings in 140 Covington Way?
The average sales price for units in 140 Covington Way is $0 currently.

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