NOT LISTED FOR SALE

3121 Lexington Rd Richmond, KY 40475

Estimated Value: $315,000 - $1,421,714

7.03 Acres
$123,522 Price per Acre
306,227 Sq Ft Lot

Last Sold June 05, 2012

Last sale price $200,000

Est. 334% increase in value since last sale

Current estimated payment $5,512/month

486 Days on Market

About This Lot

As of June 2012

7 acre lot zoned UC4-IC (Interstate Commercial) less than 1/4 mile from Exit 95 on I-75. Currently has two residential rental units bringing in $500/mo. each. Property has over 500 feet of frontage on US 25 and backs up to I-75. Excellent opportunity for future development.

Last Agent to Sell the Property

Douglas Dirks

Dirks Realty, LLC License #193025 Listed on: 01/04/2011

Last Buyer's Agent

Dianna Ackerman

ERA Professional Hometown Services License #192285

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,497

Lot Details

  • 7.03 Acre Lot
  • Zoning described as UC4-IC

Listing and Financial Details

  • Assessor Parcel Number 39-0-13

Community Details

Overview

  • Rural Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Gross Income $12,000

Property Details

Property Type

Land

Est. Annual Taxes

$11,497

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub-Type: Unimproved Land
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Size Area: 7.03

Exterior Features

  • List Price: 280000.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Lot Info

  • Lot Dimensions: 570 x ?
  • Additional Parcels: No
  • Lot Size Acres: 7.03
  • Lot Size Sq Ft: 306227.08
  • Parcel Number: 39-0-13
  • Zoning Description: UC4-IC

Multi Family

  • Gross Income: 12000.0

Range of Values:

Collateral Analytics

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ICE

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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

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2012 06/05/12 Sold $200,000 0.0% --
05/04/2012 05/04/12 Pending -- -- --
01/04/2011 01/04/11 For Sale $200,000 -- --
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 $11,497 $1,200,000 $0 $0
2023 $11,640 $1,200,000 $0 $0
2022 $11,676 $1,200,000 $0 $0
2021 $11,892 $1,200,000 $0 $0
2020 $12,141 $1,200,000 $0 $0
2019 $12,201 $1,200,000 $0 $0
2018 $12,195 $1,200,000 $0 $0
2017 $12,063 $1,200,000 $0 $0
2016 $3,590 $360,000 $0 $0
2015 $426 $0 $0 $0
2014 $426 $0 $0 $0
2012 $426 $44,500 $44,500 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Douglas Dirks

    Dirks Realty, LLC

    Section Image

  • D

    Buyer's Agent in 2012

    Dianna Ackerman

    ERA Professional Hometown Services

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1100198

ImagineMLS (Bluegrass REALTORS®)

APN: 0039-0000-0013-1

Kentucky Madison County Richmond 40475

3121 Lexington Rd, Richmond, KY

This home is located at 3121 Lexington Rd, Richmond, KY 40475 since 04 January 2011 and is currently estimated at $868,357. 3121 Lexington Rd is a home located in Madison County with nearby schools including White Hall Elementary School, B. Michael Caudill 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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