NOT LISTED FOR SALE

124 Shermans Ln Richmond, KY 40475

Richmond Area

Estimated Value: $455,000 - $522,000

4 Beds
3 Baths
2,850 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: October 26, 2023

Last sale price $408,000 $143 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,850 / mo

35 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • Wood Flooring
  • White Hall Elementary School Rated A-
  • Ranch Style House
  • Porch

About This Home

As of October 2023

Welcome to the epitome of modern living in desirable Shiloh Cove. This exceptional ranch with finished basement offers the perfect blend of style, comfort, and convenience. With 4 bedrooms and 3 full baths, this home provides ample space for families of all sizes.
Step into the heart of the home and be greeted by the rich hardwood floors that flow seamlessly throughout. The open concept creates an inviting atmosphere, perfect for both everyday living and entertaining guests. The newly remodeled kitchen features exquisite granite countertops that elegantly contrast with the cabinetry.
In the living area you'll notice custom built-ins that not only enhance the space but also provide functional storage.
Unwind while soaking in the beauty of Madison County on the new deck. Whether it's a morning coffee or an evening sunset, this deck will become a favorite spot.
The finished basement offers versatility as a recreation area (wet bar included), home office, or additional living space.
Located minutes from Lexington and Richmond, you'll enjoy the best of both worlds - a peaceful retreat to call home while being conveniently close to urban amenities. Buyer to confirm all information.

Last Agent to Sell the Property

Teresa Richmond

Freedom Realty & Property Management License #192541 Listed on: 08/18/2023

Co-Listed By

Terry Powell

Freedom Realty & Property Management License #189839

Last Buyer's Agent

Sarah Espinosa

RE/MAX Creative Realty License #194393

RE/MAX Creative Realty

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • 12,197 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Veneer
  • Dimensional Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • Ceiling Fan
  • Ventless Fireplace
  • Gas Log Fireplace
  • Blinds
  • Family Room
  • Dining Room
  • Views of Woods
  • Storm Doors

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Boonesboro Elementary School
  • Michael Caudill Middle School
  • Madison Central High School

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Electric Water Heater

Community Details

  • Shiloh Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0038-0046-0014

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

0.28 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Structure Type: House
  • Year Built: 2010
  • Above Grade Finished Sq Ft: 1691.0
  • Levels: One
  • New Construction: No
  • Structure Type:House: Yes
  • Roof:Dimensional Style: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • Architectural Style:Ranch: Yes
  • Appliances Refrigerators: Yes
  • Lot: Lot Size Acres: 0.28
  • Lot: Lot Size Square Feet: 12197.0
  • Tax Legal: Elementary School: Boonesboro
  • Tax Legal: Middle Or Junior School: Michael Caudill
  • Tax Legal: High School: Madison Central
  • Patio And Porch Features: Patio: Yes
  • Other Sold Info: New Construction YN: No
  • Cooling: Electric: Yes
  • Cooling: Heat Pump: Yes
  • Levels: One: Yes
  • Patio And Porch Features: Deck: Yes
  • Water Heater: Electric: Yes
  • Lot: View YN: Yes
  • Construction Materials: Stone: Yes
  • Patio And Porch Features: Porch: Yes
  • View: Trees/Woods: Yes
  • Fireplace Features: Ventless: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Concrete, Full, Partially Finished, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1159.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log, Ventless
  • Fireplace: Yes
  • LivingArea: 2850.0
  • Lot Size Area: 0.28
  • Window Features: Blinds
  • Basement:Concrete: Yes
  • Full Basement: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Partially Finished: Yes
  • Basement:Walk-Out Access: Yes
  • Interior: Basement YN: Yes
  • Interior: Fireplace YN: Yes
  • Interior Features: Ceiling Fan(s): Yes
  • Attic Features: Pull-Down Stairs: Yes
  • Attic Features: Partially Floored: Yes

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Stone, Vinyl Siding, Brick Veneer
  • Foundation Details: Concrete Perimeter
  • List Price: 419900.0
  • Patio And Porch Features: Deck, Patio, Porch
  • View: Trees/Woods
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Exterior Features:Storm Door(s): Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot: Waterfront YN: No

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached Garage, Driveway, Garage Faces Front
  • Parking Features:Driveway: Yes
  • Parking Information: Garage YN: Yes
  • Parking Information: Garage Spaces: 2.0
  • Parking Features: Attached Garage: Yes
  • Parking Information: Carport YN: No
  • Parking Features: Garage Faces Front: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Utilities: Electricity Connected, Water Available
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Utilities: Cooling YN: Yes
  • Utilities: Heating YN: Yes
  • Utilities: Electricity Connected: Yes
  • Heating: Electric: Yes
  • Utilities: Water Available: Yes

Schools

  • Elementary School: Boonesboro
  • High School: Madison Central
  • Middle or Junior School: Michael Caudill

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12197.0
  • Parcel Number: 0038-0046-0014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Oct 26, 2023
Sold by
Bought by
Seller's Agent
Teresa Richmond
Freedom Realty & Property Management
Buyer's Agent
Sarah Espinosa
RE/MAX Creative Realty
List Price
$424,900
Sold Price
$408,000
Premium/Discount to List
-$16,900
-3.98%
Views
133
Current Estimated Value
$461,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,137
Avg. Annual Appreciation
5.61%
Original Mortgage
$394,383
Outstanding Balance
$381,083
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$95,315

Purchase Details

Listed on
Aug 18, 2023
Closed on
Aug 29, 2023
Sold by
Bought by
Seller's Agent
Teresa Richmond
Freedom Realty & Property Management
Buyer's Agent
Sarah Espinosa
RE/MAX Creative Realty
List Price
$424,900
Sold Price
$408,000
Premium/Discount to List
-$16,900
-3.98%
Views
133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,383
Outstanding Balance
$381,083
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$95,315

Purchase Details

Listed on
Apr 19, 2019
Closed on
Jun 6, 2019
Sold by
Bought by
Seller's Agent
Christine Adams
Signature Bluegrass Realty
Buyer's Agent
Dustin Blake Ferguson
Keller Williams Bluegrass Realty
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$270,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2016
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,417
Interest Rate
3.42%

Purchase Details

Closed on
Nov 24, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,722
Interest Rate
4.94%
Mortgage Type
VA

Purchase Details

Closed on
Aug 14, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$408,000 True Title
$347,640 None Listed On Document
$290,000 Bluegrass Land Title Llc
-- --
$246,722 None Available
$38,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $394,383
Previous Owner $25,000
Previous Owner $238,400
Previous Owner $270,000
Previous Owner $248,417
Previous Owner $246,722
Previous Owner $195,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2023 10/26/23 Sold $408,000 -2.8% $143 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
09/13/2023 09/13/23 Price Changed $419,900 -1.2% $147 / Sq Ft
08/18/2023 08/18/23 For Sale $424,900 +46.5% $149 / Sq Ft
06/07/2019 06/07/19 Sold $290,000 0.0% $102 / Sq Ft View Prior Sale
04/22/2019 04/22/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $290,000 -- $102 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,847 $408,000 $0 $0
2024 $3,909 $408,000 $0 $0
2023 $2,813 $290,000 $0 $0
2022 $2,822 $290,000 $0 $0
2021 $2,874 $290,000 $0 $0
2020 $2,934 $290,000 $0 $0
2019 $2,572 $253,000 $0 $0
2018 $2,571 $253,000 $0 $0
2017 $2,543 $253,000 $0 $0
2016 $2,461 $246,722 $0 $0
2015 $2,401 $246,722 $0 $0
2014 $2,361 $246,722 $0 $0
2012 $2,361 $246,722 $246,722 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23015750

ImagineMLS (Bluegrass REALTORS®)

APN: 0038-0046-0014

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