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305 Summit St; Richmond, KY Property Details

305 Summit St, Richmond, KY is a Single Family. This property is currently Financed and is not for sale. Our records show that 305 Summit St has a total of 2,332 square feet. The lot size of 305 Summit St is 8,480 square feet.

Off market
305 Summit St Richmond, KY 40475
$162,800 Estimated Value
2,332 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $87,000
  • Open Loans / Balance: 2 / $117,130
  • Est. Equity / %: $192,870 / 62.22%
  • Gross Yield: 6.906%
  • APN: R006-0014-0008
  • Situs County: Madison
  • Length Of Ownership: 6 years, 2 months

Structure

  • Stories: 1.5
  • Exterior Wall Type: Brick veneer

Measurements

  • Total: 2,332/SqFt
  • Lot: 8,480/SqFt
  • Garage: 360/SqFt
  • Living: 2,332/SqFt
  • Basement: 1,216/SqFt
  • Building: 2,332/SqFt
  • Ground: 1,216/SqFt
  • Basement Unfinished: 1,216/SqFt
  • Price Per Square Foot: $37.31

Legal Description

  • Description: SMITH ADD LOT 26 & 27
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: 37.743332 / -84.293205
  • Subdivision: Smith Add
  • Property Class: Residential

Amenities

  • Plus Four: 2133
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

305 Summit St has no associated ownership info
305 Summit St has no associated ownership info.

Taxes

305 Summit St has 8 associated Taxes items

305 Summit St, 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 $162,800. The APN we've located for 305 Summit St is R006-0014-0008.

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Taxes
  • Assessed Value:  $162,800
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  R006-0014-0008
  • Tax Amount:  1535.21
  • Tax Year:  2025
  • Market Value:  162800
  • Market Year:  2025

Tax History

305 Summit St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $162,800 Land Value Improvement Value Tax Amount $1,535.21 Change Rate -0.015759% Assessed CR Tax Rate +0.00943%
Year 2024 Assessed Value $162,800 Land Value Improvement Value Tax Amount $1,559.79 Change Rate -0.012266% Assessed CR Tax Rate +0.009581%
Year 2023 Assessed Value $162,800 Land Value Improvement Value Tax Amount $1,579.16 Change Rate -0.003074% Assessed CR Tax Rate +0.0097%
Year 2022 Assessed Value $162,800 Land Value Improvement Value Tax Amount $1,584.03 Change Rate +6.261196% Assessed CR Tax Rate +0.00973%
Year 2021 Assessed Value $162,800 Land Value Improvement Value Tax Amount $218.15 Change Rate -0.006693% Assessed CR Tax Rate +0.00134%
Year 2020 Assessed Value $158,000 Land Value Improvement Value Tax Amount $219.62 Change Rate -0.855994% Assessed CR Tax Rate +0.00139%
Year 2019 Assessed Value $150,000 Land Value Improvement Value Tax Amount $1,525.08 Change Rate +0.00042% Assessed CR Tax Rate +0.010167%
Year 2018 Assessed Value $150,000 Land Value Improvement Value Tax Amount $1,524.44 Change Rate +0.010942% Assessed CR Tax Rate +0.010163%
Year 2017 Assessed Value $150,000 Land Value Improvement Value Tax Amount $1,507.94 Change Rate +0.007961% Assessed CR Tax Rate +0.010053%
Year 2016 Assessed Value $150,000 Land Value Improvement Value Tax Amount $1,496.03 Change Rate +0.024882% Assessed CR Tax Rate +0.009974%
Year 2015 Assessed Value $150,000 Land Value Improvement Value Tax Amount $1,459.71 Change Rate Assessed CR Tax Rate +0.009731%
Year 2014 Assessed Value $150,000 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value $150,000 Land Value $40,000 Improvement Value $110,000 Tax Amount $1,435.5 Change Rate Assessed CR Tax Rate +0.00957%