NOT LISTED FOR SALE

205 Keystone Dr Richmond, KY 40475

Richmond Area

Estimated Value: $588,000 - $1,134,000

Studio
-- Baths
-- Sq Ft
0.55 Acre Lot

Sale Details

Date Sold: March 6, 2025

Last sale price $780,000

Est. 15% increase in value since last sale

Current estimated payment $5,287 / mo

10 Days on Market

About This Home

As of March 2025

Attention investors! Own a piece of prime real estate in the heart of a bustling college town with this 10-plex property. With a steady demand for rentals from students and faculty, this is a great opportunity to generate rental income. Contact the listing agent today for rental information and unit details.

Last Agent to Sell the Property

Ariel Barrow

RE/MAX Elite Realty License #265227 Listed on: 12/11/2024

RE/MAX Elite Realty

Last Buyer's Agent

GLAR Non-Member

GLAR Office - non member

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Lot Details

  • 24,041 Sq Ft Lot

Home Design

Community Details

  • 10 Units
  • South Bluegrass Center Subdivision

Listing and Financial Details

  • Assessor Parcel Number 054C-0005-0029

Property Details

Home Type

Multi-Family

Lot Details

0.55 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Apartment
  • Structure Type: Multi Family
  • Year Built: 9999
  • New Construction: No
  • Lot: Lot Size Acres: 0.5519
  • Lot: Lot Size Square Feet: 24041.0
  • Other Sold Info: New Construction YN: No
  • Structure Type: Multi Family: Yes
  • AssociationCommunity: Number Of Units Total: 10.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Area: 0.55

Exterior Features

  • List Price: 905000.0

Lot Info

  • Lot Size Acres: 0.55
  • Lot Size Sq Ft: 24041.0
  • Parcel Number: 054C-0005-0029
  • Zoning Description: Commercial

Multi Family

  • Number of Units Total: 10

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
Dec 11, 2024
Closed on
Mar 6, 2025
Sold by
Beckwith Enterprises Llc
Bought by
Seller's Agent
Ariel Barrow
RE/MAX Elite Realty
Buyer's Agent
GLAR Non-Member
GLAR Office - non member
List Price
$905,000
Sold Price
$780,000
Premium/Discount to List
-$125,000
-13.81%
Views
3
Current Estimated Value
$900,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,711
Avg. Annual Appreciation
4.51%
Original Mortgage
$2,273,333
Interest Rate
6.96%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Richmond, KY

  • Ciara Isaacs Hagedorn Real Estate Agent - RE/MAX Elite Lexington

    Ciara Isaacs Hagedorn

    RE/MAX Elite Lexington

    (859) 800-7360

    80 Total Sales

    2 in Richmond

    $183K - $225K Price Range

    Ciara Isaacs Hagedorn
     Section Image
  • Stacey Kelly Real Estate Agent - CENTURY 21 Advantage Realty

    Stacey Kelly

    CENTURY 21 Advantage Realty

    (859) 267-1379

    101 Total Sales

    58 in Richmond

    $35K - $615K Price Range

    Stacey Kelly
     Section Image
  • Brenda Leigh Walters Real Estate Agent - United Real Estate Bluegrass

    Brenda Leigh Walters

    United Real Estate Bluegrass

    (859) 800-6309

    91 Total Sales

    1 in Richmond

    $226,500 Price

    Brenda Leigh Walters
     Section Image
  • Connie Hunt Real Estate Agent - CENTURY 21 Advantage Realty

    Connie Hunt

    CENTURY 21 Advantage Realty

    (606) 404-4880

    63 Total Sales

    1 in Richmond

    $213,750 Price

    Connie Hunt
     Section Image
  • Renee' Slaughenhaupt Real Estate Agent - CENTURY 21 Advantage Realty

    Renee' Slaughenhaupt

    CENTURY 21 Advantage Realty

    (859) 715-0854

    12 Total Sales

    5 in Richmond

    $225K - $537K Price Range

    Renee' Slaughenhaupt
     Section Image
  • Mary Ann Morris Real Estate Agent - Bluegrass Properties Group

    Mary Ann Morris

    Bluegrass Properties Group

    (859) 687-6987

    77 Total Sales

    6 in Richmond

    $230K - $470K Price Range

    Mary Ann Morris
     Section Image
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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
$1,821,000 None Listed On Document
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 $8,680,000
Closed Gemstone Apartments Llc $2,273,333
Previous Owner Beckwith Enterprises Llc $1,290,294
Previous Owner Beckwith Enterprises Llc $470,000
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
03/06/2025 03/06/25 Sold $780,000 -13.8% --
12/21/2024 12/21/24 Pending -- -- --
12/11/2024 12/11/24 For Sale $905,000 -- --
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 $3,819 $405,000 $0 $0
2024 $3,593 $375,000 $0 $0
2023 $3,638 $375,000 $0 $0
2022 $484 $375,000 $0 $0
2021 $3,716 $375,000 $0 $0
2020 $3,794 $375,000 $0 $0
2019 $3,813 $375,000 $0 $0
2018 $3,811 $375,000 $0 $0
2017 $3,770 $375,000 $0 $0
2016 $3,740 $375,000 $0 $0
2015 $3,649 $375,000 $0 $0
2014 $3,589 $375,000 $0 $0
2012 $3,589 $375,000 $30,000 $345,000
Source: Public Records

Agents Affiliated with this Home

  • Ariel Barrow Real Estate Agent - RE/MAX

    Seller's Agent in 2025

    Ariel Barrow

    RE/MAX

    66 Total Sales

    Ariel Barrow
    Section Image

  • GN

    Buyer's Agent in 2025

    GLAR Non-Member

    GLAR Office - non member

  • GG

    Buyer's Agent in 2025

    GLAR GLAR Non-Member

    Non-Member Office

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24025563

ImagineMLS (Bluegrass REALTORS®)

APN: 054C-0005-0029

Kentucky Madison County Richmond 40475

205 Keystone Dr, Richmond, KY

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.

ImagineMLS (Bluegrass REALTORS®) The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 LBAR Multiple Listing Service. All Rights Reserved.

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