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305 Richmond Road

305 Richmond Road, Lancaster, KY 40444
House in Garrard
Local assessors in Lancaster, KY have categorized 305 Richmond Road as a type of property. The home was built in 1913 and is 113 years old. The property's lot size has been calculated to be 8,360 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, 3 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 is one full bathroom. There are also 2 partial bathrooms.

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. The home sources its water from system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is . 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 control joints. The building has a style roof that was made of . Lots of were used in the construction of the exterior walls of the home. The home's is the primary heating source and it is being fueled with . 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, 305 Richmond Road sold most recently in Apr 27, 2020 for a total of $142,150. Before that, the property was also sold for $60,000 in Apr 13, 2017. 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 $163,343 in taxes each year. 305 Richmond Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $142,000. If we break it down further, the land itself was valued at $42,000. Improvements to the property, however, were assessed at a total of $100,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Brick Venner Exterior
Brick Exterior / Wood Exterior
Masonry Exterior
Vinyl Siding
Wood Exterior
Stone Veneer Exterior
Wood Siding

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230731
07/31/2023
4 Bed
2 Bath
2409 ft²
$229,900
bedrooms
4 Bed
bathrooms
2 Bath
square feet
2409 ft²
-
-
Asia Smith
Keller Williams Bluegrass Realty
20191126
11/26/2019
4 Bed
2 Bath
2409 ft²
$149,900
bedrooms
4 Bed
bathrooms
2 Bath
square feet
2409 ft²
-
-
-


Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,360
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000191
  • Standard Land Use Code: 1999
  • Legal Description 1: H & L

Neighborhood

  • School District Name: Garrard County School District
  • School Tax School District: CITY OF LANCAST
  • Census Tract: 970201

Geography

  • Account Number: 21966
  • District: 08
  • Parcel: L5-01-022
  • Municipality: CITY OF LANCASTER
  • Latitude: 37.6184
  • Longitude: -84.5733

    Address

  • Full Address: 305 Richmond St
  • Address - House Number: 305
  • Address - Street Name: Richmond
  • Address - Suffix Type: St
  • State: KY
  • City Name: Lancaster
  • Carrier Code: C002
  • 4-Digit Zip Code: 1319
  • Zip Code: 40444

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $163,343

    Appraisal Valuation

  • Standard Deviation: 0.4249
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 15
  • Final Value: 150,696
  • High Value: 214,740
  • Low Value: 86,651

    Market Valuation

  • Market Total Value: $142,000
  • Market Land Value: $42,000
  • Market Improvement Value: $100,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $142,000
  • Assessed Land Value: $42,000
  • Assessed Improvements Value: $100,000

    Sales

  • Current Sale Contract Date: Apr 27, 2020
  • Current Sale Recording Date: Apr 30, 2020
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 156913
  • Previous Sale Recording Date: Apr 18, 2017
  • Previous Sale Contract Date: Apr 13, 2017
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Frequently Asked Questions

What neighborhood is 305 Richmond Road located in?
The 305 Richmond Road is a house located in the neighborhood of Garrard in Lancaster, Lancaster.
What is the average sales price for listings in 305 Richmond Road?
The average sales price for units in 305 Richmond Road is $0 currently.