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(SOLD) $248,000

627 W Main Street Richmond, KY  40475

  • 3 Beds
  • 3 Baths

Property Description for 627 W Main Street Richmond, KY 40475

Rare opportunity in the heart of historic Richmond. This charming craftsman is ready for new owners. Nestled on a massive lot, this home has endless potential. The main level consists of a large living area, dining room. two bedrooms, two full bathrooms, and kitchen. Downstairs features another living area, a third bedroom, secondary kitchen, a half bath with potential for a full bathroom. The finished attic space is non-conforming but has potential to be an additional bedroom or bonus space. Outside you will find a large two car garage, extra parking pad, and a large yard. The roof has recently been replaced and the HVAC system has been updated. The property is located in the H-1 district. New owners may have the opportunity for a zone change to allow for business use or multi-family. Call today to set up a private showing.
QuickBuy option for home selling

Address:627 W Main Street Richmond KY 40475
Status:Sold
Sold On: 9/26/2024
Price:$259,900
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Year Built:9999
Lot Size:0.30
County: Madison
School System : Madison County - 8
MLS #:24010327
Property Type:Single Family Residence

Lot Dimensions:13200
Water Source:Public
Directions:Exit 90 to Lexington Rd to W. Main St. House will be one the left.
Abv. Grnd. Sq. Ft. :3,573
Sq. Ft. Source:Appraiser
Garage:

Loan Price
$1,397
Price And Interest $1,294/month
Property Tax $0/month
MTG INS $0/month
HOME INS $103/month
Price
$248,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,236 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom Info Not Available
Bedroom Info Not Available
Bedroom Info Not Available
Full Bath Info Not Available
Full Bath Info Not Available
Half Bath Info Not Available
Living Room Info Not Available
Kitchen Info Not Available
Kitchen Info Not Available
Family Room Info Not Available
Utility Room Info Not Available
Dining Room Info Not Available

Mandatory HOA Fee:$

Area: 008 - Madison County
Subdivision: Downtown
Zip Code:40475

School System:Madison County - 8
High School:Madison Central
Middle School:Madison Mid
Elementary School:Kit Carson

Interior Features:Primary First Floor, Dining Area, Bedroom First Floor, Ceiling Fan(s)
Exterior Type:Vinyl Siding, Wood Siding, Brick Veneer
Heat:Natural Gas
Total Rooms:6
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Joshua Lynch and Michael Martin with The Brokerage

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.





Richmond, KY Market Report

119
Avg. DOM
$155.67
Avg. $ / Sq.Ft.
$ 329,000
Med. List Price

The house prices in Richmond are indeed dropping at the moment. There has been a decrease in price of $24,848.68. 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 Richmond are going Down. The average house price is $325,000.00 and the average price per square feet is $158.35 per square feet. At the moment, the amount of homes listed is exactly 757 houses, with 217 with active status, 87 with pending status and 453 sold in Richmond .

The most popular place to buy a home in Richmond is 008 - Madison County. 008 - Madison County 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 Richmond .

The average amount of property taxes you would have to pay for a home in Richmond 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 Richmond are staying listed for an average of 77 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 Richmond was 2300 minutes ago.

At the moment we have 21 open houses that you can visit.

The cost of the most expensive home in Richmond is $1,250,000.00. 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 Richmond is $90,000.00 . 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 Richmond in year 1950 and the newest built house is in year 9999.

The average size of properties in Richmond is 66.15 sq.ft. , the biggest one being 3445 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.