NOT LISTED FOR SALE

1585 Lancaster Rd Richmond, KY 40475

Estimated Value: $430,000 - $653,597

3 Beds
2.5 Baths
2,371 Sq Ft
$212/Sq Ft Est. Value

Last Sold December 10, 2020

Last sale price $571,000 $241 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,023/month

10 Days on Market

Highlights

  • Barn
  • Stables
  • Secluded Lot
  • Kirksville Elementary School Rated 9+
  • 29.52 Acre Lot
  • Wood Flooring

About This Home

As of December 2020

Rare opportunity! This kind of property doesn't come on the market often! Completely remodeled 3BR/2.5BA ranch on partially finished basement sitting on 29.52 gorgeous acres. Perfectly located only 1.3 miles from EKU campus, shopping and restaurants ... country living with the convenience of town. Too many updates to mention ... include HVAC, 12x26 addition, new kitchen/bathrooms, quartz countertops, SS appliance package, new flooring throughout, windows, driveway, fencing and extensive trim work. Almost 1600 square feet unfinished in the basement for future expansion. Property includes a 60x36 barn with electric and 2 hole automatic waterer in field for livestock. Call today for your private showing! Owner/Agent

Last Agent to Sell the Property

Heather Brockman

Keller Williams Legacy Group License #213709 Listed on: 10/04/2020

Keller Williams Legacy Group

Last Buyer's Agent

Joan Stafford

Milestone Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,535

Year Built

  • Built in 1970

Lot Details

  • 29.52 Acre Lot
  • Wood Fence
  • Wire Fence
  • Secluded Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Brick Veneer
  • Block Foundation
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • Ceiling Fan
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Entrance Foyer

Kitchen

  • Breakfast Bar
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Partially Finished Basement

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

Schools

  • Kirksville Elementary School
  • Madison Mid Middle School
  • Madison Central High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Additional Features

  • Barn
  • Stables

Community Details

  • Rural Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,535

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1970
  • Above Grade Finished Sq Ft: 1971.0
  • Levels: One
  • New Construction: No
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • Fencing:Wood2: Yes
  • Roof:Shingle: Yes
  • Other Structures:Barn(s): Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Primary Downstairs, Walk-In Closet(s)
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full, Partially Finished, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 400.0
  • Fireplace: No
  • LivingArea: 2371.0
  • Lot Size Area: 29.52
  • Window Features: Insulated Windows, Screens
  • Full Basement: Yes
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes
  • Basement:Partially Finished: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Brick Veneer, HardiPlank Type
  • Fencing: Wood
  • Foundation Details: Block
  • Horse: Yes
  • List Price: 575000.0
  • Lot Features: Many Trees, Secluded
  • Other Structures: Barn(s), Stable(s)
  • Patio And Porch Features: Deck, Patio
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Screens: Yes
  • Lot Features:Secluded: Yes
  • Construction Materials:HardiPlank Type: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

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

Schools

  • Elementary School: Kirksville
  • High School: Madison Central
  • Middle or Junior School: Madison Mid

Lot Info

  • Lot Size Acres: 29.52
  • Lot Size Sq Ft: 1285892.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2020
Closed on
Dec 10, 2020
Sold by
Peyton Homes Llc
Bought by
Forman Johnna Leeann and Forman Micah David
Seller's Agent
Heather Brockman
Keller Williams Legacy Group
Buyer's Agent
Joan Stafford
Milestone Realty Consultants
List Price
$575,000
Sold Price
$571,000
Premium/Discount to List
-$4,000
-0.7%
Current Estimated Value
$501,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,351
Avg. Annual Appreciation
-2.70%
Original Mortgage
$510,400
Outstanding Balance
$457,281
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$44,368

Purchase Details

Listed on
Apr 25, 2019
Closed on
Jun 18, 2019
Sold by
Cotton Doris L
Bought by
Peyton Homes Llc
Seller's Agent
Connie Byers
CENTURY 21 Advantage Realty
Buyer's Agent
Heather Brockman
Keller Williams Legacy Group
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.20%
Original Mortgage
$280,000
Interest Rate
4.1%
Mortgage Type
Construction
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
Forman Johnna Leeann $571,000 Bluegrass Land Title Llc
Peyton Homes Llc $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forman Johnna Leeann $150,000
Open Forman Johnna Leeann $510,400
Previous Owner Peyton Homes Llc $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2020 12/10/20 Sold $571,000 -0.7% $241 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
10/04/2020 10/04/20 For Sale $575,000 +64.3% $243 / Sq Ft
06/19/2019 06/19/19 Sold $350,000 0.0% $211 / Sq Ft
05/05/2019 05/05/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $350,000 -- $211 / 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 $3,535 $369,000 $0 $0
2023 $3,579 $369,000 $0 $0
2022 $3,590 $369,000 $0 $0
2021 $2,606 $263,000 $0 $0
2020 $1,801 $178,000 $0 $0
2019 $976 $135,300 $0 $0
2018 $993 $135,300 $0 $0
2017 $982 $135,300 $0 $0
2016 $981 $135,300 $0 $0
2015 $958 $98,400 $0 $0
2014 $1,142 $153,300 $0 $0
2012 $1,142 $153,300 $36,300 $117,000
Source: Public Records

Agents Affiliated with this Home

  • Heather Brockman

    Seller's Agent in 2020

    Heather Brockman

    Keller Williams Legacy Group

    (859) 358-1756

    26 Total Sales

    Heather Brockman
    Section Image

  • J

    Buyer's Agent in 2020

    Joan Stafford

    Milestone Realty Consultants

  • C

    Seller's Agent in 2019

    Connie Byers

    CENTURY 21 Advantage Realty

    Section Image
  • Stacey Kelly

    Seller Co-Listing Agent in 2019

    Stacey Kelly

    CENTURY 21 Advantage Realty

    (859) 624-1440

    91 Total Sales

    Stacey Kelly
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20020580

ImagineMLS (Bluegrass REALTORS®)

APN: 0056-0000-0021

Kentucky Madison County Richmond 40475

1585 Lancaster Rd, Richmond, KY

This home is located at 1585 Lancaster Rd, Richmond, KY 40475 since 04 October 2020 and is currently estimated at $501,649, approximately $211 per square foot. This property was built in 1970. 1585 Lancaster Rd is a home located in Madison County with nearby schools including Kirksville Elementary School, Madison Middle School, and Madison Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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