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305 Payne Dr; Richmond, KY Property Details

305 Payne Dr, Richmond, KY is a Single Family. This property is currently Financed,New Construction and is not for sale. Our records show that 305 Payne Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 2,020 square feet. The lot size of 305 Payne Dr is 21,344 square feet.

Off market
305 Payne Dr Richmond, KY 40475
$275,000 Estimated Value
4 Beds
2.5 Baths
2,020 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $228,750
  • Open Loans / Balance: 1 / $152,486
  • Est. Equity / %: $293,514 / 65.81%
  • Gross Yield: 7.224%
  • APN: 0038-0046-0033
  • Situs County: Madison
  • Length Of Ownership: 16 years, 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 12
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 2,020/SqFt
  • Lot: 21,344/SqFt
  • Garage: 462/SqFt
  • Living: 2,020/SqFt
  • Basement: 941/SqFt
  • Building: 2,020/SqFt
  • Ground: 941/SqFt
  • Basement Finished: 941/SqFt
  • Price Per Square Foot: $113.24

Legal Description

  • Description: SHILOH COVE LOT 33 PH I
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Madison County School District
  • Lat / Lon: 37.857445 / -84.334526
  • Subdivision: Shiloh Cove
  • Property Class: Residential

Amenities

  • Plus Four: 6025
  • Cooling: Central
  • Garage: Garage
  • Heating: Heat Pump
  • Parking: 2

HOA

  • H O A One: $250
  • H O A Amount: $250
  • H O A One Frequency: Annual
  • H O A One Name: Shiloh Cove Homeowners Association
  • H O A One Type: Home Owner Association

Ownership Info

305 Payne Dr has no associated ownership info
305 Payne Dr has no associated ownership info.

Taxes

305 Payne Dr has 8 associated Taxes items

305 Payne Dr, Richmond, KY pays taxes in Madison County, KY. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $275,000. The APN we've located for 305 Payne Dr is 0038-0046-0033.

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Taxes
  • Assessed Value:  $275,000
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  0038-0046-0033
  • Tax Amount:  2593.25
  • Tax Year:  2025
  • Market Value:  275000
  • Market Year:  2025

Tax History

305 Payne Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $275,000 Land Value Improvement Value Tax Amount $2,593.25 Change Rate -0.015762% Assessed CR Tax Rate +0.00943%
Year 2024 Assessed Value $275,000 Land Value Improvement Value Tax Amount $2,634.78 Change Rate -0.012266% Assessed CR Tax Rate +0.009581%
Year 2023 Assessed Value $275,000 Land Value Improvement Value Tax Amount $2,667.5 Change Rate -0.003083% Assessed CR Tax Rate +0.0097%
Year 2022 Assessed Value $275,000 Land Value Improvement Value Tax Amount $2,675.75 Change Rate -0.018163% Assessed CR Tax Rate +0.00973%
Year 2021 Assessed Value $275,000 Land Value Improvement Value Tax Amount $2,725.25 Change Rate -0.02048% Assessed CR Tax Rate +0.00991%
Year 2020 Assessed Value $275,000 Land Value Improvement Value Tax Amount $2,782.23 Change Rate -0.004918% Assessed CR Tax Rate +0.010117%
Year 2019 Assessed Value $275,000 Land Value Improvement Value Tax Amount $2,795.98 Change Rate +0.202686% Assessed CR Tax Rate +0.010167%
Year 2018 Assessed Value $228,750 Land Value Improvement Value Tax Amount $2,324.78 Change Rate +0.010941% Assessed CR Tax Rate +0.010163%
Year 2017 Assessed Value $228,750 Land Value Improvement Value Tax Amount $2,299.62 Change Rate +0.00796% Assessed CR Tax Rate +0.010053%
Year 2016 Assessed Value $228,750 Land Value Improvement Value Tax Amount $2,281.46 Change Rate +0.024882% Assessed CR Tax Rate +0.009974%
Year 2015 Assessed Value $228,750 Land Value Improvement Value Tax Amount $2,226.07 Change Rate Assessed CR Tax Rate +0.009731%
Year 2014 Assessed Value $228,750 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value $228,750 Land Value $35,000 Improvement Value $193,750 Tax Amount $2,189.14 Change Rate Assessed CR Tax Rate +0.00957%