NOT LISTED FOR SALE

1008 Merrick Dr Unit A & B Richmond, KY 40475

Estimated Value: $209,973 - $293,000

4 Beds
5 Baths
2,266 Sq Ft
$119/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $170,000 $75 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,546/month

6 Days on Market

About This Home

As of November 2019

Attention INVESTORS or OWNER occupants! Great opportunity to add to your investment portfolio or prime opportunity to have your tenant help pay your OWN mortgage! Centrally located in the heart of Richmond and just minutes from EKU you find this well maintained 2 unit duplex. Unit 1 is a 2 bedroom, 1 1/2 bath and Unit 2 a 2 bedroom 2 full bath and 2 1 half bath. Each move in ready! Schedule a viewing today!

Last Agent to Sell the Property

Anita Brown

ERA Professional Hometown Services Listed on: 10/09/2019

Last Buyer's Agent

Vonda Sipple

Keller Williams Legacy Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,629

Year Built

  • Built in 1999

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • 2,266 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 10 Parking Spaces
  • Paved Parking

Schools

  • Daniel Boone Elementary School
  • Clark-Moores Middle School
  • Madison Central High School

Utilities

  • Cooling Available
  • Air Source Heat Pump

Community Details

Overview

  • 2 Units

Building Details

  • 2 Vacant Units
  • Gross Income $1,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,629

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Duplex
  • Structure Type: Duplex
  • Year Built: 1999
  • New Construction: No
  • Roof:Composition: Yes
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 3
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • LivingArea: 2266.0
  • Lot Size Area: 0.18

Exterior Features

  • Roof: Composition, Shingle
  • List Price: 174900.0

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 10.0

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: Daniel Boone
  • High School: Madison Central
  • Middle or Junior School: Clark-Moores

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840.81
  • Zoning Description: R-2

Multi Family

  • Number of Units Total: 2
  • Number of Units Vacant: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2019
Closed on
Nov 22, 2019
Sold by
Cornelison John F and Cornelison Judy D
Bought by
Combs Steve D and Combs Robin
Seller's Agent
Anita Brown
ERA Professional Hometown Services
Buyer's Agent
Vonda Sipple
Keller Williams Legacy Group
List Price
$170,000
Sold Price
$170,000
Current Estimated Value
$269,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,493
Avg. Annual Appreciation
8.08%

Purchase Details

Closed on
Feb 8, 2006
Sold by
Cornelison John F and Cornelison Judy D
Bought by
Cornelison John F and Cornelison John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
6.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Combs Steve D $170,000 Jett Title
Cornelison John F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cornelison John F $91,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2019 11/22/19 Sold $170,000 0.0% $75 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $170,000 -- $75 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,629 $170,000 $0 $0
2023 $1,649 $170,000 $0 $0
2022 $235 $170,000 $0 $0
2021 $243 $170,000 $0 $0
2020 $1,720 $170,000 $0 $0
2019 $1,576 $155,000 $0 $0
2018 $1,423 $140,000 $0 $0
2017 $1,407 $140,000 $0 $0
2016 $1,396 $140,000 $0 $0
2015 $1,362 $140,000 $0 $0
2014 $1,340 $140,000 $0 $0
2012 $1,340 $140,000 $140,000 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Anita Brown

    ERA Professional Hometown Services

  • V

    Buyer's Agent in 2019

    Vonda Sipple

    Keller Williams Legacy Group

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1923782

ImagineMLS (Bluegrass REALTORS®)

APN: 0068-008D-0051

Kentucky Madison County Richmond 40475

1008 Merrick Dr Unit A & B, Richmond, KY

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