NOT LISTED FOR SALE

1423 E Main St Richmond, KY 40475

Estimated Value: $309,961

2 Beds
2 Baths
1,178 Sq Ft
$263/Sq Ft Est. Value

Last Sold October 09, 2018

Last sale price $191,000 $162 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,833/month

173 Days on Market

Highlights

  • Brick Veneer
  • 1-Story Property
  • Carpet
  • Cooling Available
  • Ceiling Fan
  • Heat Pump System

About This Home

As of October 2018

Opportunity is knocking!! This location is the perfect spot for any business. Currently in use as a liquor store with nice 2 bedroom/2 bath apartment attached. All inventory is being conveyed with property including a 12 door walk-in cooler as well as 3 way license(packaged liquor, packaged beer & Individual drinks). This well established business comes complete with a nice drive-thru window for customer convenience. Apartment contains 1,178 square ft. and 1,840 square ft. Store, 3,018 total finished square ft. Don't miss out on what could be the opportunity of a lifetime.

Last Agent to Sell the Property

Stephanie Hembree

Century 21 Pinnacle License #218876 Listed on: 02/27/2018

Century 21 Pinnacle

Last Buyer's Agent

Elizabeth Elliott

RE/MAX Elite Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,491

Year Built

  • Built in 1974

Lot Details

  • 0.25

Home Design

  • Brick Veneer
  • Block Foundation
  • Masonry

Interior Spaces

  • 1,178 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Carpet
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Rear-Facing Garage
  • Off-Street Parking

Schools

  • Daniel Boone Elementary School
  • Madison Mid Middle School
  • Madison Central High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Downtown Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,491

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Townhouse
  • Year Built: 1974
  • Above Grade Finished Sq Ft: 1178.0
  • Levels: One
  • New Construction: No
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: No
  • Total Bedrooms: 2
  • Fireplace: No
  • LivingArea: 1178.0
  • Lot Size Area: 0.25

Exterior Features

  • Construction Materials: Brick Veneer, Solid Masonry
  • Foundation Details: Block
  • List Price: 246000.0
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Solid Masonry: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Features: Garage Faces Rear, Off Street

Utilities

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

Schools

  • Elementary School: Daniel Boone
  • High School: Madison Central
  • Middle or Junior School: Madison Mid

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2018
Closed on
Oct 9, 2018
Sold by
Powell John M and Soderstrom Irina Ruth
Bought by
Hbvl Llc
Seller's Agent
Stephanie Hembree
Century 21 Pinnacle
Buyer's Agent
Elizabeth Elliott
RE/MAX Elite Realty
List Price
$191,000
Sold Price
$191,000
Current Estimated Value
$309,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,961
Avg. Annual Appreciation
7.11%
Original Mortgage
$161,500
Outstanding Balance
$100,307
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$209,654

Purchase Details

Closed on
Jan 11, 2011
Sold by
Wolfingarger Herbert H M
Bought by
Powell John M and Soderstrom Irina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.48%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Hbvl Llc $205,000 None Available
Powell John M $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hbvl Llc $161,500
Previous Owner Powell John M $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2018 10/09/18 Sold $191,000 0.0% $162 / Sq Ft
08/18/2018 08/18/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $191,000 -- $162 / 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 $2,491 $260,000 $0 $0
2023 $2,522 $260,000 $0 $0
2022 $335 $260,000 $0 $0
2021 $2,032 $205,000 $0 $0
2020 $2,074 $205,000 $0 $0
2019 $2,084 $205,000 $0 $0
2018 $1,220 $120,000 $0 $0
2017 $1,206 $120,000 $0 $0
2016 $1,197 $120,000 $0 $0
2015 $1,168 $120,000 $0 $0
2014 $1,148 $120,000 $0 $0
2012 $1,148 $120,000 $20,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1803867

ImagineMLS (Bluegrass REALTORS®)

APN: R009-0054-0019