NOT LISTED FOR SALE

409 Letcher Ave Richmond, KY 40475

Estimated Value: $132,000 - $178,000

2 Beds
1 Bath
1,672 Sq Ft
$96/Sq Ft Est. Value

Last Sold January 04, 2023

Last sale price $144,000 $86 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $971/month

29 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating System
  • 1 Car Detached Garage
  • Patio
  • Privacy Fence

About This Home

As of January 2023

Buyer financing fell through, this fantastic home is back on the market! Excellent off campus housing! 2 minutes from EKU or I75. This lovely cottage style home is full of charm and offers many updates. All appliances remain including the washer & dryer. Full size refrigerator will be moved upstairs to original location. Recent addition provides extra space and privacy. Large privacy fenced backyard with storage shed. Shared driveway with 1 car garage.

Last Agent to Sell the Property

Shelly Stoyell

PCS Real Estate License #195964 Listed on: 12/10/2022

Last Buyer's Agent

Shelly Stoyell

PCS Real Estate License #195964 Listed on: 12/10/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,380

Year Built

  • Built in 1939

Lot Details

  • Privacy Fence

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 24 25 / A
  • Assessor Parcel Number R005-001-0006
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,380

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Stories: 1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: Yes
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 736.0
  • Utilities Electricity Connected: Yes
  • Full Bathroom Level: First
  • Fencing Privacy: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Bedroom Level: First
  • Craft/Hobby Room Level: First
  • Dining Area Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 736.0
  • Total Bedrooms: 7
  • Other Rooms:Family Room2: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Fencing: Privacy
  • Roof: Metal
  • Acres: 0.16
  • Construction Type: Vinyl Siding, Brick
  • Foundation Details: Concrete Blk
  • Patio And Porch Features: Patio, Porch
  • Construction:Brick3: Yes
  • Patio and Porch Features:Porch2: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: No
  • Parking Features: Detached
  • General Property Description:Garage Spaces: 1
  • GarageParking:Detached: Yes

Utilities

  • Utilities: Electricity Connected, Fuel:Natural
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6969.0
  • ResoLotSizeUnits: Acres
  • Parcel #: R005-001-0006
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1939

Tax Info

  • Tax Block: A
  • Tax Lot: 24 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2022
Closed on
Jan 4, 2023
Sold by
Robertson William E
Bought by
Martin Rebecca Ann
Seller's Agent
Shelly Stoyell
PCS Real Estate
Buyer's Agent
Shelly Stoyell
PCS Real Estate
List Price
$145,000
Sold Price
$144,000
Premium/Discount to List
-$1,000
-0.69%
Views
75
Current Estimated Value
$160,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,791
Avg. Annual Appreciation
4.17%
Original Mortgage
$139,680
Outstanding Balance
$135,519
Interest Rate
6.42%
Estimated Equity
$25,272

Purchase Details

Listed on
Jul 6, 2018
Closed on
Aug 27, 2018
Sold by
Webb James P and Webb Stephanie
Bought by
Robertson William E
Seller's Agent
Kelsey Caskey
Keller Williams Commonwealth
Buyer's Agent
Connie Lawson
Berkshire Hathaway HomeServices Foster Realtors
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.14%
Original Mortgage
$72,750
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Martin Rebecca Ann $144,000 --
Robertson William E $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Rebecca Ann $139,680
Previous Owner Robertson William E $72,750
Previous Owner Ray Chenault $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2023 01/04/23 Sold $144,000 0.0% $86 / Sq Ft
12/21/2022 12/21/22 Pending -- -- --
12/13/2022 12/13/22 Price Changed $144,000 -0.7% $86 / Sq Ft
12/10/2022 12/10/22 For Sale $145,000 0.0% $87 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
11/22/2022 11/22/22 For Sale $145,000 +93.3% $87 / Sq Ft
08/27/2018 08/27/18 Sold $75,000 0.0% $101 / Sq Ft
07/21/2018 07/21/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $75,000 +21.0% $101 / Sq Ft
09/26/2014 09/26/14 Sold $62,000 0.0% $88 / Sq Ft
09/12/2014 09/12/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $62,000 -- $88 / Sq Ft
Source: Metro Search (Greater Louisville Association of 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 $1,380 $144,000 $0 $0
2023 $728 $75,000 $0 $0
2022 $97 $75,000 $0 $0
2021 $743 $75,000 $0 $0
2020 $759 $75,000 $0 $0
2019 $763 $75,000 $0 $0
2018 $630 $62,000 $0 $0
2017 $623 $62,000 $0 $0
2016 $618 $62,000 $0 $0
2015 $603 $62,000 $0 $0
2014 $249 $60,000 $0 $0
2012 $249 $60,000 $15,000 $45,000
Source: Public Records

Agents Affiliated with this Home

  • Shelly Stoyell

    Seller's Agent in 2023

    Shelly Stoyell

    PCS Real Estate

    (502) 551-2030

    76 Total Sales

    Shelly Stoyell
    Section Image

  • K

    Seller's Agent in 2018

    Kelsey Caskey

    Keller Williams Commonwealth

  • Connie Lawson

    Buyer's Agent in 2018

    Connie Lawson

    Berkshire Hathaway HomeServices Foster Realtors

    (859) 661-0285

    8 Total Sales

    Connie Lawson
    Section Image

  • B

    Seller's Agent in 2014

    Ben McPherson

    NextHome Bluegrass

See All Agents

Map

Source: Metro Search (Greater Louisville Association of REALTORS®)

MLS Number: 1626529

Metro Search (Greater Louisville Association of REALTORS®)

APN: R005-0011-0006

Kentucky Madison County Richmond 40475

409 Letcher Ave, Richmond, KY

This home is located at 409 Letcher Ave, Richmond, KY 40475 since 10 December 2022 and is currently estimated at $160,791, approximately $96 per square foot. This property was built in 1939. 409 Letcher Ave 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.

Metro Search (Greater Louisville Association of REALTORS®) The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Copyright 2025 Metro Search, Inc.

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