NOT LISTED FOR SALE

505 Lee Ct Richmond, KY 40475

Estimated Value: $227,000 - $241,000

3 Beds
2.5 Baths
2,350 Sq Ft
$99/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $230,000 $98 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,376/month

2 Days on Market

Highlights

  • Bonus Room
  • Neighborhood Views
  • Brick Veneer
  • White Hall Elementary School Rated A-
  • Eat-In Kitchen
  • Cooling Available

About This Home

As of April 2024

Welcome to your dream home in North Madison County, a perfect haven for first-time buyers, investors, families, and retirees alike! This updated split foyer house offers 2,350 finished square feet of living space nestled on a 0.2-acre lot, centrally located between Richmond, Lexington, and Winchester. Boasting 3 spacious bedrooms and 2.5 well-appointed bathrooms, this property is ready for you to move in and make it your own. The low-maintenance brick and vinyl exterior, new dimensional roof, and siding provide a worry-free living experience. Step inside and be greeted by an inviting atmosphere, with updated features throughout, including an eat-in kitchen and replacement windows. The lower level offers a cozy wood-burning fireplace for those chilly evenings, while the fenced yard is perfect for outdoor activities and relaxation.
In addition to its numerous amenities, this home features an extended 1-car garage for convenient parking and additional storage. Don't miss out on this incredible opportunity to own a beautiful, updated home in a prime location - schedule a showing today!

Last Agent to Sell the Property

Sean Mcgovern

RE/MAX Creative Realty License #192228 Listed on: 02/16/2024

RE/MAX Creative Realty

Last Buyer's Agent

Rola Lawand Duran

Keller Williams Commonwealth License #242388

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,389

Year Built

  • Built in 1978

Lot Details

  • 8,673 Sq Ft Lot
  • Chain Link Fence

Home Design

  • Brick Veneer
  • Block Foundation
  • Dimensional Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Blinds
  • Insulated Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Bonus Room
  • Neighborhood Views
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement

Parking

  • Garage
  • Basement Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Schools

  • Boonesboro Elementary School
  • Michael Caudill Middle School
  • Madison Central High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Madison Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053C-0000-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,389

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Split Level
  • Structure Type: House
  • Year Built: 1978
  • Above Grade Finished Sq Ft: 1400.0
  • Levels: Two
  • New Construction: No
  • Structure Type:House: Yes
  • View:Neighborhood: Yes
  • Roof:Dimensional Style: 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
  • Foundation Details:Block3: Yes
  • Fencing:Chain Link: Yes
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Percent Basement Finished: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Primary Downstairs
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Finished, Full, Sump Pump, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 950.0
  • Fireplace Features: Basement, Family Room, Wood Burning
  • Fireplace: Yes
  • LivingArea: 2350.0
  • Lot Size Area: 0.2
  • Window Features: Blinds, Insulated Windows
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Sump Pump: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Dimensional Style, Shingle
  • Construction Materials: Vinyl Siding, Brick Veneer
  • Fencing: Chain Link
  • Foundation Details: Block
  • List Price: 225000.0
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: Neighborhood
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: Yes
  • Parking Features: Attached Garage, Basement, Driveway, Garage Door Opener, Garage Faces Front, Off Street
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Schools

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

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8673.0
  • Parcel Number: 053C-0000-005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Apr 10, 2024
Sold by
Mcintosh Lester and Mcintosh Patricia
Bought by
Nicholson Russell and Nicholson Sarah
Seller's Agent
Sean Mcgovern
RE/MAX Creative Realty
Buyer's Agent
Rola Lawand Duran
Keller Williams Commonwealth
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%
Views
20
Current Estimated Value
$233,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,006
Avg. Annual Appreciation
0.92%
Original Mortgage
$221,950
Outstanding Balance
$218,671
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$14,335
Source: Public Records

Range of Values:

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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
Nicholson Russell $230,000 None Listed On Document
Nicholson Russell $230,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicholson Russell $221,950
Closed Nicholson Russell $221,950
Previous Owner Lester Jesse $107,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $230,000 +2.2% $98 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $225,000 +99.6% $96 / Sq Ft
09/18/2014 09/18/14 Sold $112,700 0.0% $67 / Sq Ft
09/16/2014 09/16/14 Sold $112,700 0.0% $67 / Sq Ft
08/13/2014 08/13/14 Pending -- -- --
07/15/2014 07/15/14 Pending -- -- --
07/10/2014 07/10/14 For Sale $112,700 0.0% $67 / Sq Ft
03/18/2014 03/18/14 For Sale $112,700 +226.7% $67 / Sq Ft
01/17/2014 01/17/14 Sold $34,500 0.0% $33 / Sq Ft
12/09/2013 12/09/13 Pending -- -- --
07/30/2013 07/30/13 For Sale $34,500 -- $33 / 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 $1,389 $145,000 $0 $0
2023 $1,407 $145,000 $0 $0
2022 $1,411 $145,000 $0 $0
2021 $1,437 $145,000 $0 $0
2020 $1,140 $112,700 $0 $0
2019 $1,146 $112,700 $0 $0
2018 $1,145 $112,700 $0 $0
2017 $1,133 $112,700 $0 $0
2016 $1,124 $112,700 $0 $0
2015 $1,097 $112,700 $0 $0
2014 $813 $59,500 $0 $0
2012 $813 $85,000 $13,500 $71,500
Source: Public Records

Agents Affiliated with this Home

  • Sean Mcgovern

    Seller's Agent in 2024

    Sean Mcgovern

    RE/MAX

    (859) 619-6146

    84 Total Sales

    Sean Mcgovern
    Section Image

  • R

    Buyer's Agent in 2024

    Rola Lawand Duran

    Keller Williams Commonwealth

  • N

    Seller's Agent in 2014

    Null Non-Member

    Non-Member Office

  • D

    Seller's Agent in 2014

    Donna Mabes

    Century 21 Pinnacle

    Section Image
  • Kimberly Brunson

    Seller's Agent in 2014

    Kimberly Brunson

    Hunter Real Estate

    (859) 312-6366

    73 Total Sales

    Kimberly Brunson
    Section Image
See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24002682

ImagineMLS (Bluegrass REALTORS®)

APN: 053C-0000-0053

Kentucky Madison County Richmond 40475

505 Lee Ct, Richmond, KY

This home is located at 505 Lee Ct, Richmond, KY 40475 since 16 February 2024 and is currently estimated at $233,006, approximately $99 per square foot. This property was built in 1978. 505 Lee Ct 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.

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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