Cool Brick Ranch on Cottonwood - Richmond, KY, 40475

Madison County, Richmond, KY, 40475
Sold
Listed at: May 29th, 2024
Price
$123,000
ARV
$190,000
Gross Margin
$67,000
Sq. Footage
1092
Type
Single-Family
Parking
Unassigned
Year build
1990
Lot size
0.25 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

Details:

  • 3bd/1ba with 1092 sqft
  • Built in Unknown
  • Owner Occupied
  • Closing on or before 06/28/24
  • Market Rent: $1,400.00
  • Current Rent: N/A
  • This one is a solid flip opportunity! Move fast!!!

 

ARV is $190,000 based on the following comps:

 

  • 662 Cottonwood Drive in Richmond, KY, 40475 is a As Is, Not Renovated 1092 SqFt, 3 Bed / 1 Bath that sold for $190000 on 7/31/2023 ($173.99 per SqFt)
  • 654 Cottonwood Drive in Richmond, KY, 40475 is a Renovated 1092 SqFt, 3 Bed / 1 Bath that sold for $189000 on 8/11/2023 ($173.08 per SqFt)
  • 403 Douglas Court in Richmond, KY, 40475 is a Renovated 1155 SqFt 3 Bed / 2 Bath that sold for $215,000 on 3/29/2024 ($186.15 per SqFt)

 

Repairs:

 Roof: Metal roof, 4 years old

HVAC: Needs updating

Flooring: Need updating

Kitchen: Needs updating

Bathroom: Need updating

Windows: Good condition

Foundation: No knowns issues

Other: Needs updating and a little clean up.

 

 

These deals move fast. If you would like to lock the property up, our client accepts sight-unseen, no-contingency cash offers.

$2,500 non-refundable deposit required for all buyers.

Realtors, add your fee (whatever you like) and bring us a
buyer!

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Andy Klunder

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Disposition manager