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1611 Speedwell Road

1611 Speedwell Road, Richmond, KY 40475
Property in Madison
Sold Apr 18, 2018
$124,000
$125,252 by Stockton Mortgage Corp
Mortgage Due May 01, 2048
Local assessors in Richmond, KY have categorized 1611 Speedwell Road as a residential type of property. The property's lot size has been calculated to be 46,174 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 1611 Speedwell Road has a total of 1,300 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 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. The building has a roof that is made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1611 Speedwell Road sold most recently in Apr 10, 2018 for a total of $124,000. If you work out the math, that's approximately a cost of $95.38 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $996 in taxes each year. 1611 Speedwell Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $149,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can 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
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 46,174
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,300
  • Building Area: 1,300
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,300
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DREAMLAND
  • Land Acres: 1.06
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DREAMLAND LOT 4

Ownership

  • Current Owner : LYKINS CORMAN
  • Current Owner 2: LYKINS LISA A
  • Previous Owner : JODY ARTHUR
  • Previous Owner 2: JODY MARYA H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 011002

Geography

  • Account Number: 130053
  • District: 01
  • Subdivision Phase Number: 1
  • Parcel: 0109-0001-0004
  • Lot: 4
  • Municipality: COUNTY
  • Latitude: 37.7022
  • Longitude: -84.1776

    Address

  • Full Address: 1611 Speedwell Rd
  • Address - House Number: 1611
  • Address - Street Name: Speedwell
  • Address - Suffix Type: Rd
  • State: KY
  • City Name: Richmond
  • Carrier Code: R003
  • 4-Digit Zip Code: 9589
  • Zip Code: 40475

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $996
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 9
  • Final Value: 145,259
  • High Value: 211,324
  • Low Value: 79,193

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,252
  • First Open Lien Mortgage Lender: STOCKTON MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 18, 2018
  • First Open Lien Mortgage Loan Amount: $125,252
  • 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: May 01, 2048

    Market Valuation

  • Market Total Value: $149,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 10, 2018
  • Current Sale Recording Date: Apr 18, 2018
  • Current Sale Transaction ID: 11456456341
  • Current Sale Price: $124,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2013974486

    Last Sale Mortgage

  • First Mortgage Lender: STOCKTON MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 18, 2018
  • First Mortgage Loan Amount: $125,252
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

About Madison



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Frequently Asked Questions

What neighborhood is 1611 Speedwell Road located in?
The 1611 Speedwell Road is a located in the neighborhood of Madison in Madison, Richmond.
What is the average sales price for listings in 1611 Speedwell Road?
The average sales price for units in 1611 Speedwell Road is $0 currently.

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