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$216,000 ↓$14,000on 11/17/2024

501 Lee Court Richmond, KY  40475

  • 3 Beds
  • 2 Baths

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Property Description for 501 Lee Court Richmond, KY 40475

Charming Ranch Home with Multiple Garages in Northern Madison County Welcome to your new home! Nestled in the serene Northern Madison County, this delightful 3-bedroom, 1.5-bath ranch offers the perfect blend of comfort and convenience. Located just off Interstate I-75 at exit 95, you're only 20 minutes away from the vibrant city of Lexington. Close Proximity to schools, parks, and local amenities Quiet and friendly neighborhood Potential for customization and personalization to suit your taste. This home is a rare find in a sought-after location. Whether you're a first-time buyer, looking to downsize, or seeking a convenient commute to Lexington, this property offers a fantastic opportunity. House is being sold AS IS..
QuickBuy option for home selling

Address:501 Lee Court Richmond KY 40475
Status:Active
on site: 191 days
Price:$216,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Year Built:1977
Lot Size:0.25
County: Madison
School System : Madison County - 8
MLS #:24011464
Property Type:Single Family Residence

Lot Dimensions:10890
Water Source:Public
Directions:75 South from Lexington Exit 95 Left on KY 627 N/State Hwy 3055 Boonesborough RD Right on Colonel RD Left on Boone Trail RD Right on Begley LN Left on Lee CT
Abv. Grnd. Sq. Ft. :1,196
Sq. Ft. Source:Public Records

Loan Price
$1,217
Price And Interest $1,127/month
Property Tax $0/month
MTG INS $0/month
HOME INS $90/month
Price
$216,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,080 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/17/24 $230,000 $216,000 -6.1%
08/10/24 $242,999 $230,000 -5.3%
06/28/24 $249,999 $242,999 -2.8000000000000003%

RoomSizeLevel
Primary Bedroom Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Full Bath Info Not Available
Half Bath Info Not Available

Mandatory HOA Fee:$

Area: 008 - Madison County
City:Richmond
Subdivision: Madison Village
Zip Code:40475

School System:Madison County - 8
High School:Madison Co
Middle School:Michael Caudill
Elementary School:Boonesboro

Interior Features:Dining Area, Ceiling Fan(s), Other
Exterior Type:Brick Veneer
Heat:Baseboard
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Rick Barnes and Kassie Bennett with Kassie & Associates

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Richmond, KY Market Report

113
Avg. DOM
$155.67
Avg. $ / Sq.Ft.
$ 328,900
Med. List Price

The house prices in Richmond are indeed dropping at the moment. There has been a decrease in price of $24,848.68. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Richmond are going Down. The average house price is $325,000.00 and the average price per square feet is $158.35 per square feet. At the moment, the amount of homes listed is exactly 757 houses, with 217 with active status, 87 with pending status and 453 sold in Richmond .

The most popular place to buy a home in Richmond is 008 - Madison County. 008 - Madison County is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Richmond .

The average amount of property taxes you would have to pay for a home in Richmond is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Richmond are staying listed for an average of 77 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Richmond was 3391 minutes ago.

At the moment we have 21 open houses that you can visit.

The cost of the most expensive home in Richmond is $1,250,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Richmond is $90,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Richmond in year 1950 and the newest built house is in year 9999.

The average size of properties in Richmond is 66.15 sq.ft. , the biggest one being 3445 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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