NOT LISTED FOR SALE

1016 Melbourne Way Richmond, KY 40475

Estimated Value: $304,722

3 Beds
2 Baths
1,610 Sq Ft
$189/Sq Ft Est. Value

About This Home

This home is located at 1016 Melbourne Way, Richmond, KY 40475 and is currently estimated at $304,722, approximately $189 per square foot. 1016 Melbourne Way is a home located in Madison County with nearby schools including Kit Carson Elementary School, Madison Middle School, and Madison Central High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2022
Sold by
Malear Kurtis D and Malear Courtney L
Bought by
Toranzo Juan Carlos and Arrieta Rosa Maria
Current Estimated Value
$304,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,920
Outstanding Balance
$190,455
Interest Rate
5.16%
Mortgage Type
New Conventional
Estimated Equity
$119,306

Purchase Details

Closed on
Aug 21, 2020
Sold by
Apex Homes Llc
Bought by
Malear Kurtis D and Malear Courtney L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,286
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2019
Sold by
Meridian Partners Llc
Bought by
Apex Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.75%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Toranzo Juan Carlos $269,900 --
Malear Kurtis D $205,000 None Available
Apex Homes Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toranzo Juan Carlos $215,920
Previous Owner Malear Kurtis D $201,286
Previous Owner Apex Homes Llc $170,000
Source: Public Records

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 $2,586 $269,900 $0 $0
2023 $2,618 $269,900 $0 $0
2022 $274 $205,000 $0 $0
2021 $2,032 $205,000 $0 $0
2020 $374 $37,000 $0 $0
Source: Public Records

Map

Kentucky Madison County Richmond 40475

1016 Melbourne Way, Richmond, KY

This home is located at 1016 Melbourne Way, Richmond, KY 40475 and is currently estimated at $304,722, approximately $189 per square foot. 1016 Melbourne Way is a home located in Madison County with nearby schools including Kit Carson Elementary School, Madison Middle School, and Madison Central High School.

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