NOT LISTED FOR SALE

506 Ballard Dr Richmond, KY 40475

Estimated Value: $164,000 - $202,000

3 Beds
2 Baths
1,015 Sq Ft
$180/Sq Ft Est. Value

Last Sold April 29, 2019

Last sale price $126,400 $125 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,076/month

82 Days on Market

Highlights

  • New Construction
  • Great Room
  • Walk-In Closet
  • B. Michael Caudill Middle School Rated A-
  • Brick Veneer
  • Cooling Available

About This Home

As of April 2019

New construction rare find for this price!! 3 bedroom, 2 bath ranch and a 2 car garage. Vaulted great room open to the kitchen and kitchen bar. Spacious master bedroom with walk in closet and ensuite. Waterproof laminate in common areas and carpet in bedrooms. Upgrades include waterproof laminate in common areas, carpet in bedrooms, stainless steel kitchen appliances, granite counter tops, vaulted ceiling in great room, 9 ft ceilings throughout the rest of the house, stackable washer and dryer. Side patio and sidewalk to backyard with large private backyard. 5 minutes to I-75 and downtown Richmond!

Last Agent to Sell the Property

Kathy Marshall

Keller Williams Legacy Group License #201737 Listed on: 01/09/2019

Keller Williams Legacy Group

Last Buyer's Agent

Patrick Barnes

Keller Williams Bluegrass Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,211

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Veneer
  • Slab Foundation
  • Dimensional Roof
  • Vinyl Siding

Interior Spaces

  • 1,015 Sq Ft Home
  • Ceiling Fan
  • Window Screens
  • Great Room
  • Utility Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Built by Paul Marshall - Three Keys Construction
  • Downtown Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,211

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 2019
  • Above Grade Finished Sq Ft: 1015.0
  • Levels: One
  • New Construction: Yes
  • Roof:Dimensional Style: Yes
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Flooring:Laminate: Yes
  • Appliances Refrigerators: Yes
  • Foundation Details:Slab: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Primary Downstairs, Walk-In Closet(s)
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: No
  • Total Bedrooms: 3
  • Fireplace: No
  • LivingArea: 1015.0
  • Lot Size Area: 0.13
  • Window Features: Screens
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Roof: Dimensional Style
  • Builder Name: Paul Marshall - Three Keys Construction
  • Construction Materials: Vinyl Siding, Brick Veneer
  • Foundation Details: Slab
  • Home Warranty: Yes
  • List Price: 124900.0
  • Patio And Porch Features: Patio
  • Property Condition: New Construction
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Screens: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Electricity Connected
  • Water Source: Public
  • Heating:Heat Pump2: 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: 0.13
  • Lot Size Sq Ft: 5662.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2019
Closed on
Apr 29, 2019
Sold by
L & P Investments Llc
Bought by
Baker Matthew T
Seller's Agent
Kathy Marshall
Keller Williams Legacy Group
Buyer's Agent
Patrick Barnes
Keller Williams Bluegrass Realty
List Price
$126,400
Sold Price
$126,400
Current Estimated Value
$183,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,662
Avg. Annual Appreciation
5.97%
Original Mortgage
$124,110
Outstanding Balance
$111,984
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$71,078

Purchase Details

Closed on
Feb 15, 2019
Sold by
Casework Of Ky Llc
Bought by
L & P Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Listed on
May 9, 2018
Closed on
Aug 3, 2018
Sold by
Thompson Danny and Thompson Kathy
Bought by
Closet & Casework Of Ky Llc
Seller's Agent
Anita Brown
ERA Professional Hometown Services
Buyer's Agent
Kathy Marshall
Keller Williams Legacy Group
List Price
$10,000
Sold Price
$10,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.34%
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
Baker Matthew T $126,400 None Available
L & P Investments Llc $10,464 None Available
Closet & Casework Of Ky Llc $10,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Matthew T $15,456
Open Baker Matthew T $124,110
Closed Baker Matthew T $4,500
Previous Owner L & P Investments Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2019 04/29/19 Sold $126,400 0.0% $125 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
01/09/2019 01/09/19 For Sale $126,400 +1164.0% $125 / Sq Ft
08/03/2018 08/03/18 Sold $10,000 0.0% $10 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $10,000 -- $10 / 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 $1,211 $126,400 $0 $0
2023 $1,226 $126,400 $0 $0
2022 $163 $126,400 $0 $0
2021 $1,253 $126,400 $0 $0
2020 $1,279 $126,400 $0 $0
2019 $102 $10,000 $0 $0
2018 $203 $20,000 $0 $0
2017 $201 $20,000 $0 $0
2016 $199 $20,000 $0 $0
2015 $199 $20,000 $0 $0
2014 $96 $20,000 $0 $0
2012 $96 $10,000 $10,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1900613

ImagineMLS (Bluegrass REALTORS®)

APN: R005-0018-0003