1601 Richmond Road, Lexington, KY 40502 (MLS# 22010192)

1601 Richmond Road, Lexington, KY 40502

$885,000

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 4,530 Lot Size (sq. ft.): 13,320 Status: Closed

Current Price: $885,000 List Date: 5/18/2022 Last Modified: 8/28/2025

Overview

Description

Richmond Road beauty! Located in the popular Fairway neighborhood and situated on a corner lot for easy access, this home features hardwood floors, built-in bookshelves and cabinetry with spacious rooms for entertaining. The first level offers formal living and dining rooms, family room, half bath, renovated kitchen and breakfast nook overlooking the lovely fenced and landscaped backyard. The second floor features the primary suite with fireplace and private bath plus 2 additional bedrooms and bath. The third floor is currently used for storage but could be the perfect spot for an additional bedroom, office or playroom! The fully finished, walk up basement has a rec room, full bath and study. There are 2 garages, one is accessed from Richmond Road and the other from Sherman Avenue. You'll love the location across from Ashland, the Henry Clay Estate with easy access to downtown LEX and the University of KY! Motivated Sellers!

Listing Details MLS# 22010192

Listing Information

Comp Sale YN: No
Property Sub Type: Single Family Residence

Status Change Information

Price Change Timestamp: 2022-06-20T15:04:30Z
Status Change Timestamp: 2022-08-16
Purchase Contract Date: 2022-06-29
Close Date: 2022-08-12
Close Price: 885000
Buyer Financing: Cash
Sale Type: Arms Length Sale
Concessions Comments: none

Address

County: Fayette
Street Number: 1601
Street Name: Richmond
Street Suffix: Road
State: KY
Zip Code: 40502
Directions: Located on the corner of Richmond Road and Sherman Ave. Driveways on both Richmond Road AND Sherman.
Parcel Number: 10564950
Tax District: 01

Contract

Original List Price: 979000
Start Showing Date: 2022-05-18
Listing Contract Date: 2022-05-18
Listing Agreement: Exclusive Right To Sell
Occupant Type: Occupied
Office Exclusive YN: No
List Price/SqFt: 209.49
Sold Price/SqFt: 195.36
SP/LP: 0.93

Tax Legal

MLS Area Major: 002 - Fayette County NE
Subdivision Name: Fairway
High School District: Fayette County - 1

Interior

Bedrooms Total: 4
Bathrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Above Grade Finished Area: 3378
Below Grade Finished Area: 1152
Living Area: 4530
Basement YN: Yes
Fireplace YN: Yes

More Information

Parking Information

Garage YN: Yes
Garage Spaces: 3
Carport YN: No

Building

Year Built: 1925

Lot

Lot Size Acres: 0.306
Lot Size Square Feet: 13320
View YN: Yes
Waterfront YN: No

Utilities

Cooling YN: Yes
Heating YN: Yes

Remarks

Public Remarks: Richmond Road beauty! Located in the popular Fairway neighborhood and situated on a corner lot for easy access, this home features hardwood floors, built-in bookshelves and cabinetry with spacious rooms for entertaining. The first level offers formal living and dining rooms, family room, half bath, renovated kitchen and breakfast nook overlooking the lovely fenced and landscaped backyard. The second floor features the primary suite with fireplace and private bath plus 2 additional bedrooms and bath. The third floor is currently used for storage but could be the perfect spot for an additional bedroom, office or playroom! The fully finished, walk up basement has a rec room, full bath and study. There are 2 garages, one is accessed from Richmond Road and the other from Sherman Avenue. You'll love the location across from Ashland, the Henry Clay Estate with easy access to downtown LEX and the University of KY! Motivated Sellers!

Currently Not Used

List Price/Acre: 3101307.19

Tax & Legal

Elementary School: Ashland
Middle Or Junior School: Lexington Trad
High School: Henry Clay
Tax Rate: 1.2727
Inside New Circle Road YN: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Attic Features

Finished: Yes
Floored: Yes
Permanent Stairs: Yes

Basement

Bath/Stubbed: Yes
Finished: Yes
Walk-Up Access: Yes

Construction Materials

Brick Veneer: Yes
Solid Masonry: Yes
Other: Yes

Cooling

Electric: Yes

Fencing

Wood: Yes

Flooring

Hardwood: Yes
Tile: Yes
Other: Yes

Foundation Details

Stone: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Interior Features

Breakfast Bar: Yes
Entrance Foyer: Yes
Walk-In Closet(s): Yes

Levels

Three Or More: Yes

Parking Features

Detached Garage: Yes

Possession

Close Of Escrow: Yes

Roof

Composition: Yes

Sewer

Public Sewer: Yes

Structure Type

House: Yes

View

Neighborhood: Yes

Water Source

Public: Yes

Window Features

Blinds: Yes
Window Treatments: Yes

Showing Requirements

Showing Service: Yes

Property Features

Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer Attic Features: Finished; Floored; Permanent Stairs Basement: Bath/Stubbed; Finished; Walk-Up Access Construction Materials: Brick Veneer; Solid Masonry; Other Cooling: Electric Fencing: Wood Flooring: Hardwood; Tile; Other Foundation Details: Stone Heating: Forced Air; Natural Gas Interior Features: Breakfast Bar; Entrance Foyer; Walk-In Closet(s) Levels: Three Or More Parking Features: Detached Garage Possession: Close Of Escrow Roof: Composition Sewer: Public Sewer Structure Type: House View: Neighborhood Water Source: Public Window Features: Blinds; Window Treatments Showing Requirements: Showing Service

Listing Office: Bluegrass Sotheby's International Realty

Last Updated: August - 28 - 2025

Information deemed reliable but not guaranteed.