NOT LISTED FOR SALE

2702 Lancaster Rd Richmond, KY 40475

Estimated Value: $176,000 - $279,000

3 Beds
2 Baths
1,370 Sq Ft
$152/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $165,000 $120 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,241/month

64 Days on Market

Highlights

  • Views of a Farm
  • Cooling Available
  • Shed
  • Kirksville Elementary School Rated 9+
  • Living Room
  • 1-Story Property

About This Home

As of September 2023

Don't miss the opportunity to make your mark on this remarkable property! Embrace the best of both worlds – the comfort of a residential sanctuary and the potential for a thriving commercial enterprise. This home has 3 bedrooms and 2 bathrooms (primary bathroom needs to be finished out but is almost completed). Current zoning is R7 (Rural Agriculture). The basement is a cellar you can access from the outside of the home. The commercial sized septic tank is also an added bonus.

Last Agent to Sell the Property

Cassie Beach

RE/MAX Elite Realty License #295331 Listed on: 05/30/2023

RE/MAX Elite Realty

Last Buyer's Agent

Shawna Wever

Wever Realty LLC License #286622

Home Details

Home Type

  • Single Family

Lot Details

  • 1.35

Parking

  • Driveway

Home Design

  • Stone Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,370 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Utility Room
  • Laundry on main level
  • Laminate Flooring
  • Views of a Farm

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Additional Features

  • Shed
  • 1.35 Acre Lot

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0044-0000-0015

Home Details

Home Type

Single Family

Lot Details

1.35 Acres

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 9999
  • Above Grade Finished Sq Ft: 1370.0
  • Levels: One
  • New Construction: No
  • Water Source:Public: Yes
  • Laundry Features:Main Level: Yes
  • Flooring:Laminate: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Partial, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 3
  • LivingArea: 1370.0
  • Lot Size Area: 1.35
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Partial: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Metal
  • Construction Materials: Wood Siding
  • Foundation Details: Stone
  • List Price: 199000.0
  • Other Structures: Shed(s)
  • View: Farm
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Parking Features: Driveway
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Electric
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Main Level
  • Water Source: Public
  • Sewer Septic Tank: Yes

Schools

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

Lot Info

  • Lot Size Acres: 1.35
  • Lot Size Sq Ft: 58980.0
  • Parcel Number: 0044-0000-0015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Sep 8, 2023
Sold by
King Elisabeth M and King Harold L
Bought by
Mcbride Faizal and Mcbride Bobbi
Seller's Agent
Cassie Beach
RE/MAX Elite Realty
Buyer's Agent
Shawna Wever
Wever Realty LLC
List Price
$250,000
Sold Price
$165,000
Premium/Discount to List
-$85,000
-34%
Views
100
Current Estimated Value
$207,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,866
Avg. Annual Appreciation
9.48%
Original Mortgage
$132,000
Outstanding Balance
$128,787
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$79,079

Purchase Details

Listed on
Jun 14, 2019
Closed on
Aug 26, 2019
Sold by
Tate Barbara Lee and Tate Curtis
Bought by
King Elisabeth M and King Harold L
Seller's Agent
N Katie Tate
WEICHERT REALTORS - Ford Brothers
Buyer's Agent
Lucy May
Trifecta Real Estate Experts
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.20%
Original Mortgage
$100,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 30, 2018
Sold by
Hawkins Connie and Hawkins John C
Bought by
Tate Barbara Lee and Tate Curtis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.6%
Mortgage Type
Unknown
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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Purchase History

Date Buyer Sale Price Title Company
Mcbride Faizal $165,000 None Listed On Document
King Elisabeth M $100,000 Bluegrass Land Title Llc
Tate Barbara Lee $57,266 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcbride Faizal $132,000
Previous Owner King Elisabeth M $100,000
Previous Owner Tate Barbara Lee $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2023 09/08/23 Sold $165,000 -17.1% $120 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
06/29/2023 06/29/23 Price Changed $199,000 -11.6% $145 / Sq Ft
06/06/2023 06/06/23 Price Changed $225,000 -10.0% $164 / Sq Ft
05/30/2023 05/30/23 For Sale $250,000 +150.0% $182 / Sq Ft
08/26/2019 08/26/19 Sold $100,000 0.0% $71 / Sq Ft View Prior Sale
06/20/2019 06/20/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $100,000 -- $71 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

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 $1,556 $165,000 $0 $0
2024 $1,581 $165,000 $0 $0
2023 $970 $100,000 $0 $0
2022 $973 $100,000 $0 $0
2021 $991 $100,000 $0 $0
2020 $1,012 $100,000 $0 $0
2019 $407 $40,000 $0 $0
2018 $407 $40,000 $0 $0
2017 $402 $40,000 $0 $0
2016 $399 $40,000 $0 $0
2015 $383 $40,000 $0 $0
2014 $383 $40,000 $0 $0
2012 $383 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Cassie Beach

    Seller's Agent in 2023

    Cassie Beach

    RE/MAX

    (859) 893-1092

    115 Total Sales

    Cassie Beach
    Section Image
  • Shawna Wever

    Buyer's Agent in 2023

    Shawna Wever

    Wever Realty LLC

    (859) 893-0036

    79 Total Sales

    Shawna Wever
    Section Image

  • N

    Seller's Agent in 2019

    N Katie Tate

    WEICHERT REALTORS - Ford Brothers

    (859) 661-0188

    49 Total Sales

    N Katie Tate
    Section Image

  • L

    Buyer's Agent in 2019

    Lucy May

    Trifecta Real Estate Experts

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23009864

ImagineMLS (Bluegrass REALTORS®)

APN: 0044-0000-0015

Kentucky Madison County Richmond 40461

2702 Lancaster Rd, Richmond, KY

Not Listed for Sale

Detached

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