NOT LISTED FOR SALE

348 Palomino Dr Richmond, KY 40475

Estimated Value: $272,000 - $290,000

3 Beds
2 Baths
1,438 Sq Ft
$195/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $250,000 $174 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,682/month

10 Days on Market

Highlights

  • Newly Remodeled
  • Neighborhood Views
  • Cooling Available
  • Ranch Style House
  • Brick Veneer
  • Breakfast Bar

About This Home

As of July 2023

Welcome to this remarkable all-brick ranch home! You'll love the thoughtful design of this property, featuring a split bedroom plan for added privacy and tranquility. Step into the inviting great room with its vaulted ceilings, creating a spacious and airy ambiance. Cozy up by the gas logs fireplace and enjoy cozy evenings. The open concept layout seamlessly connects the great room with the kitchen, making it easy to entertain and interact with guests. The kitchen boasts a huge kitchen bar, providing ample space for meal preparation and casual dining with the stainless steel appliances adding a modern touch. The primary bedroom has a lovely ensuite bathroom with a jetted tub and double vanity sinks. The outdoor spaces of this home are equally impressive. Step out onto the oversized concrete patio, a fantastic area for outdoor entertaining or simply enjoying the fresh air. The fenced yard adds privacy and security, making it a great space for pets or children to play. Don't miss out on this incredible home!

Last Agent to Sell the Property

Ross Cummins

Keller Williams Legacy Group Listed on: 06/10/2023

Last Buyer's Agent

Karen Bishop Saltzman

National Real Estate License #270216

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,395

Year Built

  • Built in 2004 | Newly Remodeled

Lot Details

  • 0.3 Acre Lot
  • Chain Link Fence

Home Design

  • Ranch Style House
  • Brick Veneer
  • Block Foundation
  • Dimensional Roof
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,438 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Neighborhood Views
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Oven
  • Microwave

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • Garage
  • Front Facing Garage

Schools

  • Kit Carson Elementary School
  • Madison Mid Middle School
  • Madison Central High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Brookline Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0055-0002-0092

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,395

Year Built

Built in 2004 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Structure Type: House
  • Year Built: 2004
  • Above Grade Finished Sq Ft: 1438.0
  • Levels: One
  • New Construction: Yes
  • Structure Type:House: Yes
  • View:Neighborhood: Yes
  • Roof:Dimensional Style: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Flooring:Carpet: 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
  • Laundry Features:Main Level: Yes
  • Architectural Style:Ranch: Yes
  • Foundation Details:Block3: Yes
  • Fencing:Chain Link: Yes
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Oven, Refrigerator
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s)
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Fireplace: Yes
  • LivingArea: 1438.0
  • Lot Size Area: 0.3
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Breakfast Bar: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Roof: Dimensional Style, Shingle
  • Construction Materials: Brick Veneer
  • Fencing: Chain Link
  • Foundation Details: Block, Concrete Perimeter
  • List Price: 251500.0
  • Patio And Porch Features: Patio
  • View: Neighborhood
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: Yes
  • Parking Features: Attached Garage, Garage Faces Front

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Water Source: Public

Schools

  • Elementary School: Kit Carson
  • High School: Madison Central
  • Middle or Junior School: Madison Mid

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068.0
  • Parcel Number: 0055-0002-0092

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2023
Closed on
Jul 21, 2023
Sold by
Ridner Matthew Allen and Ridner Andrea
Bought by
Dunn Raegan and Mckinney Spencer
Seller's Agent
Ross Cummins
Keller Williams Legacy Group
Buyer's Agent
Karen Bishop Saltzman
National Real Estate
List Price
$251,500
Sold Price
$250,000
Premium/Discount to List
-$1,500
-0.6%
Views
115
Current Estimated Value
$280,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,646
Avg. Annual Appreciation
5.47%
Original Mortgage
$245,471
Outstanding Balance
$239,752
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$40,894

Purchase Details

Listed on
Jun 14, 2016
Closed on
Sep 6, 2016
Bought by
Ridner Matthew A
Seller's Agent
Amanda Marcum
Berkshire Hathaway HomeServices Foster Realtors
Buyer's Agent
Ross Cummins
Keller Williams Commonwealth
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$95,000
Interest Rate
3.46%

Purchase Details

Closed on
Jan 17, 2007
Sold by
Tatum Virgil Heath and Tatum Anita S
Bought by
Rose Kimberly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Dunn Raegan $250,000 None Listed On Document
Dunn Raegan $250,000 None Listed On Document
Ridner Matthew A -- --
Rose Kimberly J $148,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunn Raegan $245,471
Closed Dunn Raegan $245,471
Previous Owner Ridner Matthew A $95,000
Previous Owner Ridner Matthew A --
Previous Owner Rose Kimberly J $90,000
Previous Owner Rose Kiberly J $80,000
Previous Owner Rose Kimberly J $118,400
Previous Owner Rose Kimberly L $29,765
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $250,000 -0.6% $174 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/10/2023 06/10/23 For Sale $251,500 0.0% $175 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/05/2023 06/05/23 Price Changed $251,500 +7.0% $175 / Sq Ft
06/01/2023 06/01/23 For Sale $235,000 +62.1% $163 / Sq Ft
09/01/2016 09/01/16 Sold $145,000 0.0% $102 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $145,000 -- $102 / 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
2024 $2,395 $250,000 $0 $0
2023 $1,552 $160,000 $0 $0
2022 $217 $160,000 $0 $0
2021 $1,586 $160,000 $0 $0
2020 $1,467 $145,000 $0 $0
2019 $1,474 $145,000 $0 $0
2018 $1,474 $145,000 $0 $0
2017 $1,458 $145,000 $0 $0
2016 $1,476 $148,000 $0 $0
2015 $1,440 $148,000 $0 $0
2014 $1,416 $148,000 $0 $0
2012 $1,416 $148,000 $148,000 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Ross Cummins

    Keller Williams Legacy Group

  • K

    Buyer's Agent in 2023

    Karen Bishop Saltzman

    National Real Estate

  • Amanda Marcum

    Seller's Agent in 2016

    Amanda Marcum

    Berkshire Hathaway HomeServices Foster Realtors

    (859) 353-2853

    721 Total Sales

    Amanda Marcum
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23010066

ImagineMLS (Bluegrass REALTORS®)

APN: 0055-0002-0092

Kentucky Madison County Richmond 40475

348 Palomino Dr, Richmond, KY

This home is located at 348 Palomino Dr, Richmond, KY 40475 since 10 June 2023 and is currently estimated at $280,646, approximately $195 per square foot. This property was built in 2004. 348 Palomino Dr is a home located in Madison County with nearby schools including Kit Carson Elementary School, Madison 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.

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 2025 LBAR Multiple Listing Service. All Rights Reserved.

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