NOT LISTED FOR SALE

1057 Merrick Dr Richmond, KY 40475

Estimated Value: $303,065 - $345,000

-- Bed
-- Bath
-- Sq Ft
7,841 Sq Ft Lot

Last Sold December 22, 2023

Last sale price $330,000

Est. 2% decrease in value since last sale

Current estimated payment $1,950/month

About This Home

As of December 2023

Charming duplex featuring two well-appointed units, each boasting 3 bedrooms and 2.5 baths for optimal comfort and convenience. The property includes attached garages and individual laundry rooms for added functionality. Constructed with a timeless blend of sturdy brick and low-maintenance vinyl siding, the duplex exudes durability and aesthetic appeal. Ample parking space for up to 4 cars ensures convenience for residents and guests alike. This property harmoniously combines modern living with classic design, making it an ideal choice for those seeking a comfortable and stylish duplex living experience.

Last Agent to Sell the Property

Jonathan Noel

Noel Auctioneers and Real Estate Advisors License #216755 Listed on: 12/05/2023

Noel Auctioneers and Real Estate Advisors

Last Buyer's Agent

Crystal Towe

The Real Estate Group License #211989

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,162

Year Built

  • Built in 1999

Lot Details

  • 7,841

Parking

  • 10 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • 2-Story Property
  • 7,841 Sq Ft Lot

Community Details

  • 2 Buildings
  • 2 Units
  • Merrick Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0068-008D-0015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,162

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:Shingle: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Lot Size Area: 0.18
  • Total Stories: 2

Exterior Features

  • Roof: Shingle
  • List Price: 330000.0

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

  • Heating: Electric
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Available, Sewer Available, Water Available

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: 7841.0
  • Parcel Number: 0068-008D-0015
  • Zoning Description: residentaial

Multi Family

  • Number of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
Dec 22, 2023
Sold by
Richmond Rentals Llc
Bought by
Baldwood Properties Llc
Seller's Agent
Jonathan Noel
Noel Auctioneers and Real Estate Advisors
Buyer's Agent
Crystal Towe
The Real Estate Group
List Price
$330,000
Sold Price
$330,000
Views
3
Current Estimated Value
$322,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,984
Avg. Annual Appreciation
-1.32%
Original Mortgage
$330,000
Outstanding Balance
$288,109
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$33,907
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
Baldwood Properties Llc $330,000 Five Star Title
Baldwood Properties Llc $330,000 Five Star Title
Baldwood Properties Llc $330,000 Five Star Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baldwood Properties Llc $330,000
Closed Baldwood Properties Llc $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2023 12/22/23 Sold $330,000 0.0% --
12/06/2023 12/06/23 Pending -- -- --
12/05/2023 12/05/23 For Sale $330,000 +24.3% --
12/30/2022 12/30/22 Sold $265,500 -10.0% -- View Prior Sale
11/14/2022 11/14/22 Pending -- -- --
11/05/2022 11/05/22 For Sale $295,000 -- --
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 $3,162 $330,000 $0 $0
2023 $2,575 $265,500 $0 $0
2022 $229 $165,000 $0 $0
2021 $1,635 $165,000 $0 $0
2020 $1,669 $165,000 $0 $0
2019 $1,678 $165,000 $0 $0
2018 $1,132 $111,414 $0 $0
2017 $1,120 $111,414 $0 $0
2016 $1,111 $111,414 $0 $0
2015 $1,436 $111,414 $0 $0
2014 $1,436 $100,000 $0 $0
2012 $1,436 $150,000 $150,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jonathan Noel

    Noel Auctioneers and Real Estate Advisors

    (859) 612-9175

    150 Total Sales

    Jonathan Noel
    Section Image
  • Crystal Towe

    Buyer's Agent in 2023

    Crystal Towe

    The Real Estate Group

    (859) 492-8861

    102 Total Sales

    Crystal Towe
    Section Image

  • M

    Seller's Agent in 2022

    Marion Taulbee

    Trifecta Real Estate Experts

    (859) 358-0067

    14 Total Sales

    Marion Taulbee
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23023082

ImagineMLS (Bluegrass REALTORS®)

APN: 0068-008D-0015

Kentucky Madison County Richmond 40475

1057 Merrick Dr, Richmond, KY

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