Check Availability

504 Ranier Drive

504 Ranier Drive, Richmond, KY 40475
Property in Madison
Sold May 29, 2020
$40,000
$32,000 by Peoples Bank & Trust Co Of Mad
Mortgage Due May 29, 2050
Local assessors in Richmond, KY have categorized 504 Ranier Drive as a residential type of property. The property's lot size has been calculated to be 62,291 square feet.

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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 504 Ranier Drive was last sold in May 6, 2020 for $40,000. Current property owners are expected to pay $388 in taxes per year. The property on 504 Ranier Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $40,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 62,291
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE SUMMIT
  • Land Acres: 1.43
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: THE SUMMIT LOT 4 PH 1 (1.43 ACRES)

Ownership

  • Current Owner : KLAUS PETER
  • Current Owner 2: KLAUS JAMIE
  • Previous Owner : KING MILTON J
  • Previous Owner 2: KING JOY LEE

Neighborhood

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

Geography

  • Account Number: 128371
  • District: 01
  • Subdivision Phase Number: 1
  • Parcel: 0043-006D-0004
  • Lot: 4
  • Municipality: COUNTY
  • Latitude: 37.723
  • Longitude: -84.3545

    Address

  • Full Address: 504 Ranier Dr
  • Address - House Number: 504
  • Address - Street Name: Ranier
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Richmond
  • Carrier Code: R022
  • 4-Digit Zip Code: 7711
  • Zip Code: 40475

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $388
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 9
  • Final Value: 298,346
  • High Value: 434,036
  • Low Value: 162,655

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $56,087
  • First Open Lien Mortgage Lender: PEOPLES BANK & TRUST CO OF MAD
  • First Open Lien Mortgage Recording Date: May 29, 2020
  • First Open Lien Mortgage Loan Amount: $32,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: May 29, 2050
  • Second Open Lien Mortgage Lender: WHITAKER BANK, INC.
  • Second Open Lien Mortgage Recording Date: Jul 03, 2023
  • Second Open Lien Mortgage Loan Amount: $24,087
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 21, 2033

    Market Valuation

  • Market Total Value: $40,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,000

    Sales

  • Current Sale Contract Date: May 06, 2020
  • Current Sale Recording Date: May 29, 2020
  • Current Sale Transaction ID: 11764402795
  • Current Sale Price: $40,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2014012894

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES BANK & TRUST CO OF MAD
  • First Mortgage Transaction Date: May 29, 2020
  • First Mortgage Loan Amount: $32,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Madison



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 504 Ranier Drive located in?
The 504 Ranier Drive is a located in the neighborhood of Madison in Madison, Richmond.
What is the average sales price for listings in 504 Ranier Drive?
The average sales price for units in 504 Ranier Drive is $0 currently.

Quantcast