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508 Richardson Street

508 Richardson Street, Murray, KY 42071
Property in Calloway
Sold May 11, 2023
$220,000
$220,000 by Mortgage Research Center, Llc
Mortgage Due Jun 01, 2053
Sold Jan 26, 2017
$162,000
$157,030 by Southwest Funding Lp
Mortgage Due Feb 01, 2047
Local assessors in Murray, KY have categorized 508 Richardson Street as a residential type of property. The home was built in 1972 and is 52 years old. The property's lot size has been calculated to be 16,213 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 508 Richardson Street has a total of 1,614 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 504 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. 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 brick control joints. The building has a gable or hip style roof that was 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 gas 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. 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, 508 Richardson Street was last sold in May 8, 2023 for $220,000. According to our calculations, that's $136.31 per sqft. Prior to that sales transaction, the property was sold for $162,000 in Jan 20, 2017. Current property owners are expected to pay $605 in taxes per year. The property on 508 Richardson Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $162,000. 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 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. 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

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,213
  • Total Building Area: 1,614
  • Building Area: 1,614
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 1,614
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: W H BROACH ADD MURRAY
  • Land Acres: 0.372
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: 508 RICHARDSON

Ownership

  • Current Owner : MERRELL DALTON
  • Current Owner 2: HERNANDEZ ELIZABETH
  • Previous Owner : HERNANDEZ MARTHA
  • Owner Before Previous Owner: MULLINS GARY J
  • Owner Before Previous Owner 2: MULLINS GAIL L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Murray Independent School District
  • School Tax School District: 01
  • Census Tract: 010601

Geography

  • Account Number: 98259
  • Parcel: 005-0-0026-00008
  • Latitude: 36.6018
  • Longitude: -88.3261

    Address

  • Full Address: 508 Richardson St
  • Address - House Number: 508
  • Address - Street Name: Richardson
  • Address - Suffix Type: St
  • State: KY
  • City Name: Murray
  • Carrier Code: C001
  • 4-Digit Zip Code: 2220
  • Zip Code: 42071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $605

    Appraisal Valuation

  • Standard Deviation: 0.4558
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 8
  • Final Value: 167,253
  • High Value: 243,499
  • Low Value: 91,006

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,000
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Open Lien Mortgage Recording Date: May 11, 2023
  • First Open Lien Mortgage Loan Amount: $220,000
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $162,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,000

    Sales

  • Current Sale Contract Date: May 08, 2023
  • Current Sale Recording Date: May 11, 2023
  • Current Sale Transaction ID: 11908106880
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 683547
  • Previous Sale Recording Date: Jan 26, 2017
  • Previous Sale Contract Date: Jan 20, 2017
  • Previous Sale Amount: $162,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Mortgage Transaction Date: May 11, 2023
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: SOUTHWEST FUNDING LP
  • Previous Mortgage Transaction Date: Jan 26, 2017
  • Previous Mortgage Loan Amount: $157,030
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2047

About Murray



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Frequently Asked Questions

What neighborhood is 508 Richardson Street located in?
The 508 Richardson Street is a located in the neighborhood of Calloway in Murray, Murray.
What is the average sales price for listings in 508 Richardson Street?
The average sales price for units in 508 Richardson Street is $0 currently.

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