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183 Richmond Avenue

183 Richmond Avenue, Lexington, KY 40502
Property in Eastside
Sold Jan 31, 2018
$388,000
$160,000 by Ark La Tex Fin Serv Llc
Mortgage
Sold Jul 25, 2017
$388,000
$58,200 by University Of Ky Fed Cr Un
Mortgage
Local assessors in Lexington, KY have categorized 183 Richmond Avenue as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 5,401 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 183 Richmond Avenue has a total of 2,452 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Lots of materials we are unsure of 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 central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 183 Richmond Avenue sold most recently in Jan 1, 1970 for a total of $388,000. If you work out the math, that's approximately a cost of $158.24 per sqft. Before that, the property was also sold for $388,000 in Jan 1, 1970. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $4,979 in taxes each year. 183 Richmond Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $402,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Construction Type: Frame
  • Exterior Walls Type: Other
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,401
  • Lot Size Frontage Feet: 450
  • Total Building Area: 2,452
  • Building Area: 2,452
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,452
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRESCENT HILL
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: E-159 CRESCENT HILL LOT PT 10+11; BOOK: 3557 PAGE: 189

Ownership

  • Current Owner : NGUYEN HUU
  • Current Owner 2: NGUYEN ASHLEY
  • Previous Owner : NGUYEN HUU
  • Previous Owner 2: NGUYEN ASHLEY
  • Owner Before Previous Owner: BELL SHANNON
  • Owner Before Previous Owner 2: BELL SEAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fayette County School District
  • Census Tract: 000500

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: MB:33
  • Parcel: 16504625
  • Lot: 10-11
  • Latitude: 38.0355
  • Longitude: -84.4781

    Address

  • Full Address: 183 Richmond Ave
  • Address - House Number: 183
  • Address - Street Name: Richmond
  • Address - Suffix Type: Ave
  • State: KY
  • City Name: Lexington
  • Carrier Code: C088
  • 4-Digit Zip Code: 1428
  • Zip Code: 40502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,979
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.195
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 74
  • Final Value: 586,004
  • High Value: 700,277
  • Low Value: 471,730

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $190,000
  • First Open Lien Mortgage Lender: ARK LA TEX FIN SERV LLC
  • First Open Lien Mortgage Recording Date: Jan 31, 2018
  • First Open Lien Mortgage Loan Amount: $160,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Lender: UNIVERSITY OF KY FED CR UN
  • Second Open Lien Mortgage Recording Date: Jul 01, 2021
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $402,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $402,600

    Sales

  • Current Sale Recording Date: Jan 31, 2018
  • Current Sale Transaction ID: 11381617540
  • Current Sale Price: $388,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 25, 2017
  • Previous Sale Amount: $388,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK LA TEX FIN SERV LLC
  • First Mortgage Transaction Date: Jan 31, 2018
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: UNIVERSITY OF KY FED CR UN
  • Previous Mortgage Transaction Date: Jul 25, 2017
  • Previous Mortgage Loan Amount: $58,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Eastside



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Frequently Asked Questions

What neighborhood is 183 Richmond Avenue located in?
The 183 Richmond Avenue is a located in the neighborhood of Eastside in Eastside, Lexington.
What is the average sales price for listings in 183 Richmond Avenue?
The average sales price for units in 183 Richmond Avenue is $0 currently.

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