705 Richmond Road Loop 1 Lancaster, KY 40444
3
Beds
1.5
Baths
1,587
Sq Ft
0.7
Acres
Highlights
- Views of a Farm
- Bonus Room
- Detached Garage
- Wood Flooring
- No HOA
- 1-Story Property
About This Home
As of May 2025Rare opportunity! This 3/4-acre property features a large detached garage and plenty of potential for renovation or new construction. Perfect for building your dream home or a flip project. Don't miss out on this investment chance! Selling as is/where is.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $745
Year Built
- Built in 1949
Lot Details
- 0.7 Acre Lot
Parking
- Detached Garage
Property Views
- Farm
- Rural
Home Design
- Block Foundation
- Slab Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,587 Sq Ft Home
- 1-Story Property
- Bonus Room
- Crawl Space
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Paint Lick Elementary School
- Garrard Co Middle School
- Not Applicable Middle School
- Garrard Co High School
Utilities
- No Cooling
- No Heating
- Septic Tank
Community Details
- No Home Owners Association
- Rural Subdivision
Listing and Financial Details
- Assessor Parcel Number 34A-04-017
Similar Home in Lancaster, KY
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | Sold | $78,000 | -20.4% | $49 / Sq Ft |
| 05/10/2025 05/10/25 | Pending | -- | -- | -- |
| 05/09/2025 05/09/25 | For Sale | $98,000 | -- | $62 / Sq Ft |
Source: ImagineMLS (Bluegrass REALTORS®)
Tax History Compared to Growth
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 | $745 | $70,000 | $20,000 | $50,000 |
| 2023 | $745 | $65,000 | $20,000 | $45,000 |
| 2022 | $718 | $65,000 | $20,000 | $45,000 |
| 2021 | $733 | $65,000 | $20,000 | $45,000 |
| 2020 | $731 | $65,000 | $20,000 | $45,000 |
| 2019 | $621 | $55,000 | $15,000 | $40,000 |
| 2018 | $621 | $55,000 | $15,000 | $40,000 |
| 2017 | $619 | $55,000 | $15,000 | $40,000 |
| 2016 | $607 | $55,000 | $15,000 | $40,000 |
| 2012 | $593 | $55,000 | $15,000 | $40,000 |
Source: Public Records
Agents Affiliated with this Home
-
Erika Beatty
Seller's Agent in 2025
Erika Beatty
Plum Tree Realty
(859) 553-5249
110 Total Sales
Map
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 25009668
APN: 34A-04-017
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