NOT LISTED FOR SALE

601 Richmond Rd N Berea, KY 40403

Estimated Value: $2,685,686

-- Bed
-- Bath
29,878 Sq Ft
$90/Sq Ft Est. Value

About This Home

This home is located at 601 Richmond Rd N, Berea, KY 40403 and is currently estimated at $2,685,686, approximately $89 per square foot. 601 Richmond Rd N is a home located in Madison County with nearby schools including Berea Community Elementary School, Berea Community Middle School, and Berea Community High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2017
Sold by
Berea Health Care Inc
Bought by
Berea Realty Holdings Llc
Current Estimated Value
$2,685,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,350,679
Outstanding Balance
$28,386,409
Interest Rate
3.82%
Mortgage Type
Commercial
Estimated Equity
-$25,776,420
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Berea Realty Holdings Llc $1,750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berea Realty Holdings Llc $33,350,679
Previous Owner Berea Health Care Inc $2,590,919
Source: Public Records

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 $20,599 $1,750,000 $0 $0
2023 $22,890 $1,750,000 $0 $0
2022 $22,208 $1,750,000 $0 $0
2021 $23,555 $1,750,000 $0 $0
2020 $23,025 $1,750,000 $0 $0
2019 $23,778 $1,750,000 $0 $0
2018 $23,315 $1,750,000 $0 $0
2017 $26,106 $2,000,000 $0 $0
2016 $25,407 $2,000,000 $0 $0
2015 $25,820 $2,000,000 $0 $0
2014 $25,820 $2,000,000 $0 $0
2012 $25,820 $2,000,000 $200,000 $1,800,000
Source: Public Records

Map

Kentucky Madison County Berea 40403

601 Richmond Rd N, Berea, KY

This home is located at 601 Richmond Rd N, Berea, KY 40403 and is currently estimated at $2,685,686, approximately $89 per square foot. 601 Richmond Rd N is a home located in Madison County with nearby schools including Berea Community Elementary School, Berea Community Middle School, and Berea Community High School.

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