NOT LISTED FOR SALE

314 S 3rd St Richmond, KY 40475

Estimated Value: $197,000 - $242,000

3 Beds
1.5 Baths
1,800 Sq Ft
$120/Sq Ft Est. Value

Sale Details

Date Sold: December 14, 2021

Last sale price $110,000 $61 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,241 / mo

109 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Porch
  • Cooling Available
  • Wood Flooring
  • Storm Windows
  • 1-minute walk to Irvine Mcdowell Park

About This Home

As of December 2021

Sellers are offering a credit of $6,000 at closing for a completely water proofing system, to be installed by B-Dry of Kentucky. This charming rancher in the heart of Downtown Richmond, Kentucky has SO much potential! Some neat original features include arched door ways, cast iron tub in bathroom, hardwood floors, fireplace, inset shelves for telephones, etc! This home also boasts an interior room (prior to an addition on the back) of a room that now would be ideal for an office. There is also a half bathroom in the largest of the 3 bedrooms. That bedroom also has two separate closets. There is hardwood under some of the carpet. The washer & dryer hook ups are in the unfinished below grade basement. There WAS W/D hook ups inside the half bathroom but its been drywalled over. This home has gas service for the water heater, range & furnace. It has original windows with wood frames that will likely need replaced sooner rather than later. Per the sellers, the electric has been updated but there is still cast iron plumbing. The siding is wood (cedar) that has been painted.

Last Agent to Sell the Property

Amanda Marcum

Berkshire Hathaway HomeServices Foster Realtors License #214077 Listed on: 10/22/2021

Berkshire Hathaway HomeServices Foster Realtors

Last Buyer's Agent

Erica Clark

Keller Williams Legacy Group License #272275

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Lot Details

  • 7,841 Sq Ft Lot
  • Chain Link Fence

Home Design

  • Midcentury Modern Architecture
  • Ranch Style House
  • Block Foundation
  • Dimensional Roof
  • Wood Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Entrance Foyer
  • Living Room with Fireplace
  • Washer and Electric Dryer Hookup

Kitchen

  • Gas Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Unfinished Basement

  • Partial Basement
  • Walk-Up Access
  • Interior Basement Entry

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Patio
  • Porch

Schools

  • Glenn Marshall Elementary School
  • Michael Caudill Middle School
  • Madison Central High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number R006-0011-0010

Community Details

Overview

  • Downtown Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Mid-Century Modern, Ranch
  • Structure Type: House
  • Year Built: 9999
  • Above Grade Finished Sq Ft: 1800.0
  • Levels: One
  • New Construction: No
  • Structure Type:House: Yes
  • Roof:Dimensional Style: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Architectural Style:Ranch: Yes
  • Foundation Details:Block3: Yes
  • Fencing:Chain Link: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Microwave, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, Primary Downstairs
  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Concrete, Interior Entry, Partial, Unfinished, Walk-Up Access
  • Basement: Yes
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • LivingArea: 1800.0
  • Lot Size Area: 0.18
  • Window Features: Blinds, Screens, Storm Window(s)
  • Basement:Concrete: Yes
  • Interior Features:Entrance Foyer: Yes
  • Basement:Partial: Yes
  • Basement:Walk-Up Access: Yes
  • Basement:Interior Entry: Yes
  • Appliances:Gas Range: Yes

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Wood Siding
  • Fencing: Chain Link
  • Foundation Details: Block
  • List Price: 138500.0
  • Patio And Porch Features: Patio, Porch
  • Waterfront: No
  • Window Features:Blinds: Yes
  • Window Features:Screens: Yes
  • Exterior Features:Storm Door(s): Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Parking Features: Driveway, Off Street
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Park

Schools

  • Elementary School: Glenn Marshall
  • High School: Madison Central
  • Middle or Junior School: Michael Caudill

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7841.0
  • Parcel Number: R006-0011-0010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Dec 14, 2021
Sold by
Mann Susie B
Bought by
Smith Sara Jane and Smith Darrell Kevin
Seller's Agent
Amanda Marcum
Berkshire Hathaway HomeServices Foster Realtors
Buyer's Agent
Erica Clark
Keller Williams Legacy Group
Sold Price
$110,000
Current Estimated Value
$215,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,398
Avg. Annual Appreciation
17.00%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Sara Jane $110,000 Metro Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2021 12/14/21 Sold $110,000 -26.7% $61 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
10/22/2021 10/22/21 For Sale -- -- --
10/02/2021 10/02/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $150,000 -- $83 / 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 $1,103 $117,000 $0 $0
2024 $1,054 $110,000 $0 $0
2023 $1,067 $110,000 $0 $0
2022 $142 $110,000 $0 $0
2021 $998 $141,200 $0 $0
2020 $988 $137,000 $0 $0
2019 $922 $130,000 $0 $0
2018 $939 $130,000 $0 $0
2017 $929 $130,000 $0 $0
2016 $929 $130,000 $0 $0
2015 $919 $93,100 $0 $0
2014 $919 $130,000 $0 $0
2012 $919 $130,000 $20,000 $110,000
Source: Public Records

Agents Affiliated with this Home

  • Amanda Marcum

    Seller's Agent in 2021

    Amanda Marcum

    Berkshire Hathaway HomeServices Foster Realtors

    (859) 353-2853

    286 in this area

    658 Total Sales

    Amanda Marcum
    Section Image
  • Erica Clark

    Buyer's Agent in 2021

    Erica Clark

    Keller Williams Legacy Group

    (859) 302-3723

    18 in this area

    32 Total Sales

    Erica Clark
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20114719

ImagineMLS (Bluegrass REALTORS®)

APN: R006-0011-0010

Kentucky Madison County Richmond 40475

314 S 3rd St, Richmond, KY

Not Listed for Sale

Detached

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