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$297,500 ↓$32,000on 8/19/2024

323 Richmond Avenue Lexington, KY  40502

  • 2 Beds
  • 1 Baths

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Property Description for 323 Richmond Avenue Lexington, KY 40502

Welcome to your dream home in the highly sought-after Kenwick area of Lexington, KY Step inside to discover an inviting, updated interior that seamlessly blends style and comfort. The spacious living areas are perfect for entertaining or relaxing with family. The modern kitchen, equipped with top-of-the-line appliances, is a chef's delight, ready to inspire your culinary creations. A unique propery zoned R-2 two family residential.... featuring a 640sq ft detatched property in the back yard! With a little bit of work, this versatile space could be transformed into a lucrative Airbnb, a cozy guest house, or even a serene yoga studio. The possibilities are endless! The expansive backyard is a true oasis, featuring a large patio that is perfect for hosting gatherings or enjoying quiet evenings under the stars. The lush greenery and ample space provide a peaceful retreat right in your own home. Owner is replacing the guest house flooring! This unique property offers an exceptional blend of location, luxury and fun!

Address:323 Richmond Avenue Lexington KY 40502
Status:Active
on site: 44 days
Price:$297,500
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Year Built:1935
Lot Size:0.10
County: Fayette
School System : Fayette County - 1
MLS #:24015491
Property Type:Single Family Residence

Lot Dimensions:4342
Water Source:Public
Directions:To get to 323 Richmond Road in Lexington from Nicholasville Road, head north towards downtown, continue straight onto South Limestone Street, passing through the University of Kentucky campus. At the intersection with Avenue of Champions/Euclid Avenue, turn right. Follow it until it merges into Richmond Road. Continue on Richmond Road until you reach 323 Richmond Road on your left.
Abv. Grnd. Sq. Ft. :1,081
Sq. Ft. Source:Public Records

Loan Price
$1,676
Price And Interest $1,552/month
Property Tax $0/month
MTG INS $0/month
HOME INS $124/month
Price
$297,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,488 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
08/19/24 $329,500 $297,500 -9.700000000000001%

RoomSizeLevel
Primary Bedroom Info Not Available
Bedroom Info Not Available
Full Bath Info Not Available
Kitchen Info Not Available
Living Room Info Not Available

Mandatory HOA Fee:$

Area: 002 - Fayette County NE
Subdivision: Kenwick
Zip Code:40502

School System:Fayette County - 1
High School:Henry Clay
Middle School:Lexington Trad
Elementary School:Ashland

Interior Features:Primary First Floor, Bedroom First Floor
Exterior Type:Aluminum Siding
Heat:Electric
Total Rooms:2
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Jenny Gregory with EXP Realty, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Lexington, KY Market Report

82
Avg. DOM
$225.25
Avg. $ / Sq.Ft.
$ 429,900
Med. List Price

The house prices in Lexington are indeed dropping at the moment. There has been a decrease in price of $27,430.71. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Lexington are going Down. The average house price is $425,000.00 and the average price per square feet is $224.37 per square feet. At the moment, the amount of homes listed is exactly 6758 houses, with 421 with active status, 386 with pending status and 5951 sold in Lexington .

The most popular place to buy a home in Lexington is 002 - Fayette County NE. 002 - Fayette County NE is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Lexington .

The average amount of property taxes you would have to pay for a home in Lexington is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Lexington are staying listed for an average of 69 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Lexington was 1450 minutes ago.

At the moment we have 40 open houses that you can visit.

The cost of the most expensive home in Lexington is $10,500,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Lexington is $85,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Lexington in year 1014 and the newest built house is in year 9999.

The average size of properties in Lexington is 57.55 sq.ft. , the biggest one being 3633 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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