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655 Cottonwood Drive

655 Cottonwood Drive, Richmond, KY 40475
Property in Madison
Sold Feb 22, 2019
$70,000
$60,000 by Movement Mortgage
Mortgage Due Mar 01, 2034
Sold Oct 13, 2005
$78,500
$60,500 by Community Trust Bank Inc
Mortgage Due Nov 01, 2035
This has been categorized as a residential property type. It is a single story home. 655 Cottonwood Drive has 1,050 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,549 square feet.

Learn more about the property and building on this page. The exterior walls of the home are made of brick veneer. 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, 655 Cottonwood Drive was last sold in Feb 20, 2019 for $70,000. According to our calculations, that's $66.67 per sqft. Prior to that sales transaction, the property was sold for $78,500 in Oct 5, 2005. Current property owners are expected to pay $482 in taxes per year. The property on 655 Cottonwood Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $96,000. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,549
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,050
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLD SOUTH ES
  • Land Acres: 0.196
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OLD SOUTH ESTS LOT 25

Ownership

  • Current Owner : LEWIS EVERETT STEVEN
  • Previous Owner : SILVER DAVID G
  • Previous Owner 2: SILVER JILL
  • Owner Before Previous Owner: KINNEY JANE C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 010301

Geography

  • Account Number: 129364
  • District: 02
  • Parcel: R014-0002-0025
  • Lot: 25
  • Municipality: RICHMOND ANNEX
  • Latitude: 37.7492
  • Longitude: -84.2739

    Address

  • Full Address: 655 Cottonwood Dr
  • Address - House Number: 655
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Richmond
  • Carrier Code: C002
  • 4-Digit Zip Code: 1841
  • Zip Code: 40475

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $482
  • Tax Rate Code Area: 02

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 9
  • Final Value: 320,982
  • High Value: 466,967
  • Low Value: 174,996

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $60,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 22, 2019
  • First Open Lien Mortgage Loan Amount: $60,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2034

    Market Valuation

  • Market Total Value: $96,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 20, 2019
  • Current Sale Recording Date: Feb 22, 2019
  • Current Sale Transaction ID: 11574090591
  • Current Sale Price: $70,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2013988675
  • Previous Sale Recording Date: Oct 13, 2005
  • Previous Sale Contract Date: Oct 05, 2005
  • Previous Sale Amount: $78,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Feb 22, 2019
  • First Mortgage Loan Amount: $60,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY TRUST BANK INC
  • Previous Mortgage Transaction Date: Oct 13, 2005
  • Previous Mortgage Loan Amount: $60,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2035

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Frequently Asked Questions

What neighborhood is 655 Cottonwood Drive located in?
The 655 Cottonwood Drive is a located in the neighborhood of Madison in Richmond, Richmond.
What is the average sales price for listings in 655 Cottonwood Drive?
The average sales price for units in 655 Cottonwood Drive is $0 currently.

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