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Backup Offers

268 Palm Hill Dr, Richmond, KY, 40475

$325,000

Home List Price

$3,859*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
House
Schools Nearby

Location

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268 Palm Hill Dr, Richmond$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street
Year Built2003
HeatingElectric
CoolingElectric
FireplaceLiving Room
MLS #24008753
Lot Size0.71 Acres
StatusAccepting Backup Offers
(Contingent)

Property Details

Property Features

Property Information:

  • Year Built: 2003
  • Stories: 1

Listing Office:

  • Office Name: Keller Williams Bluegrass Realty
  • Office Phone: (859) 260-1444

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Hardwood, Tile, Vinyl
  • Interior: Ceiling Fan(s), Dining Area, Primary First Floor, Security System Owned, Walk-In Closet(s)
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck, Porch, Storm Door(s)

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.71 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Model Laboratory High School, Public District Grades 9-12
  • Madison Central High School, Public District Grades 9-12
  • Model Laboratory Middle School, Public District Grades 6-8
  • Madison Middle School, Public District Grades 6-8
  • Kit Carson Elementary School, Public District Grades PK-5
  • Model Laboratory Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Lexington, take I-75 South to Exit 87. Turn right off the ramp, then right again onto Goggins Lane (just past Richmond Centre). Take another right into Covington Woods Estates. Turn left onto Palm Hill Drive. The house will be on your left in the curve, backing onto farmland.

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000

Tax Information:

  • Annual Amount: $268
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Richmond, KY.

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Richmond, KY

City

Med. Sold Price

$289.9K

Med. Price/SqFt

$103

Avg. Days On Market

44

# of Sold Homes

74

268 Palm Hill Dr vs Richmond

25 DAYS ON ROCKET

-19 Days

$325,000

+$35K More

KEY TAKEAWAY

This property is $35K more than the Median Sold Price in Richmond, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24008753

Listing Office:

  • Office Name: Keller Williams Bluegrass Realty
  • Office Phone: (859) 260-1444

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2024, 7:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 20, 2005Home Sold
$145,000

Tax History

YEARPROP. TAXASSESSMENT
2020$268$179,500
2019$256$179,500
2018$1,824$179,500

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3899578
6
/10

  • Kit Carson Elementary School

  • 450 Tates Creek Rd

  • 0.50 miles

  • Public District Grades PK-5

school-card-donut-3899579
7
/10

  • Model Laboratory Elementary School

  • 521 Lancaster Ave

  • 1.43 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3899580
7
/10

  • Model Laboratory Middle School

  • 521 Lancaster Ave

  • 1.43 miles

  • Public District Grades 6-8

school-card-donut-3899581
6
/10

  • Madison Middle School

  • 101 Summit St

  • 1.54 miles

  • Public District Grades 6-8

High School

school-card-donut-3899582
8
/10

  • Model Laboratory High School

  • 521 Lancaster Ave

  • 1.43 miles

  • Public District Grades 9-12

school-card-donut-3899583
6
/10

  • Madison Central High School

  • 705 N 2nd St

  • 1.71 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,848. The majority of Richmond, KY residents have income between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 268 Palm Hill Dr

What is the listing price of this property?

The listing price of 268 Palm Hill Dr property is $325,000.

What type of property is this?

The property 268 Palm Hill Dr is a house located in Richmond, Kentucky, 40475.

Is this property for sale now?

Accepting Backup Offers: 268 Palm Hill Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 268 Palm Hill Dr are:
Kit Carson Elementary School: GreatSchools Rating 6/10
Model Laboratory Elementary School: GreatSchools Rating 7/10
Model Laboratory Middle School: GreatSchools Rating 7/10
Madison Middle School: GreatSchools Rating 6/10
Model Laboratory High School: GreatSchools Rating 8/10
Madison Central High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $268 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 20, 2005 for $145,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 268 Palm Hill Dr has 3 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 268 Palm Hill Dr is 2003.

Rocket Homes›Kentucky›Madison County›Richmond›40475›268 Palm Hill Dr

This home is located at 268 Palm Hill Dr in Richmond, KY and zip code 40475. This home, which was built in 2003, sits on a 0.71 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $325,000.

While more than 14 listings in Richmond, KY in April 2024 were sold above asking price, there were more than 20 listings sold at asking price, and more than 40 were sold below. The number of listings in Richmond, KY increased by 3.3% between March 2024 and April 2024. Listings spent 44 days on the market in April 2024, and had a median list price of $289,957 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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