NOT LISTED FOR SALE

2012 Willow Dr Richmond, KY 40475

Estimated Value: $531,000 - $992,000

8 Beds
8 Baths
4,624 Sq Ft
$170/Sq Ft Est. Value

Last Sold December 02, 2024

Last sale price $505,000 $109 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,510/month

5 Days on Market

About This Home

As of December 2024

Rare opportunity to add this 4-plex apartment to your portfolio. Each unit is metered separately and has laundry hookups. They each have 2 bedrooms and 1.5 baths, with ample parking in the back with easy access. They all have tenants and rent rolls are available upon request.

Last Agent to Sell the Property

Terra Long

Keller Williams Commonwealth License #216445 Listed on: 09/26/2024

Keller Williams Commonwealth

Last Buyer's Agent

Terra Long

Keller Williams Commonwealth License #216445 Listed on: 09/26/2024

Keller Williams Commonwealth

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2007

Parking

  • 10 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 4,624 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • Cooling Available
  • Air Source Heat Pump

Community Details

  • 4 Buildings
  • 4 Units
  • Autumn Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0070-0002-0009-6

Property Details

Home Type

Multi-Family

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Apartment
  • Structure Type: Multi Family, Quadruplex
  • Year Built: 2007
  • New Construction: No
  • Roof:Shingle: Yes
  • Structure Type:Quadruplex: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bathrooms: 8
  • Total Bedrooms: 8
  • LivingArea: 4624.0
  • Total Stories: 2

Exterior Features

  • Roof: Shingle
  • List Price: 550000.0

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Parcel Number: 0070-0002-0009-6
  • Zoning Description: Commercial

Multi Family

  • Number of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Dec 2, 2024
Sold by
Wm A Graham Properties Llc
Bought by
Dlc Rentals Llc
Seller's Agent
Terra Long
Keller Williams Commonwealth
Buyer's Agent
Terra Long
Keller Williams Commonwealth
List Price
$550,000
Sold Price
$505,000
Premium/Discount to List
-$45,000
-8.18%
Views
5
Current Estimated Value
$787,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,313
Avg. Annual Appreciation
50.29%
Original Mortgage
$858,500
Outstanding Balance
$844,315
Interest Rate
6.54%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$57,002
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dlc Rentals Llc $1,010,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dlc Rentals Llc $858,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2024 12/02/24 Sold $505,000 -8.2% $109 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $550,000 -- $119 / 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
2025 $4,762 $505,000 $0 $0
2024 $2,794 $291,600 $0 $0
2023 $2,829 $291,600 $0 $0
2022 $376 $291,600 $0 $0
2021 $2,890 $291,600 $0 $0
2020 $2,924 $289,000 $0 $0
2019 $2,745 $270,000 $0 $0
2018 $2,744 $270,000 $0 $0
2017 $2,714 $270,000 $0 $0
2016 $2,693 $270,000 $0 $0
2015 $2,627 $270,000 $0 $0
2014 $2,584 $270,000 $0 $0
2012 $2,584 $270,000 $270,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24020472

ImagineMLS (Bluegrass REALTORS®)

APN: 0070-0002-0009-6