502 Regency Circle, Richmond, KY 40475

$4,400,000
Property Type: Residential Income Status: Closed
Current Price: $4,400,000 List Date: 1/09/2023 Last Modified: 8/29/2025

Overview

Description

Twenty individually deeded townhomes. 16 units are two bedrooms with two bathrooms, 2 units are 3/2 and the remaining two are two bedrooms and two baths with large loft area. All units have two car garages. This package also includes a 2000 square foot clubhouse at 593 Regency Circle.

Listing Details MLS# 23000476

Listing Information

Comp Sale YN
No
Property Sub Type
Quadruplex

Status Change Information

Status Change Timestamp
2023-10-16
Purchase Contract Date
2023-03-10
Close Date
2023-10-13
Close Price
4400000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Madison
Street Number
502
Street Name
Regency
Street Suffix
Circle
Street Suffix Modifier
590
State
KY
Zip Code
40475
Directions
Villages of Lake Reba
Parcel Number
0068-0018-0500-2

Contract

Original List Price
3800000
Start Showing Date
2023-01-09
Listing Contract Date
2023-01-09
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
SP/LP
1.16

Tax Legal

MLS Area Major
008 - Madison County
Subdivision Name
Village of Lake Reba
High School District
Madison County - 8

Building

Year Built
2008
Stories Total
Yes

More Information

Utilities

Cooling YN
Yes
Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Remarks

Public Remarks
Twenty individually deeded townhomes. 16 units are two bedrooms with two bathrooms, 2 units are 3/2 and the remaining two are two bedrooms and two baths with large loft area. All units have two car garages. This package also includes a 2000 square foot clubhouse at 593 Regency Circle.

Income and Expenses

Insurance Expense
16500
Maintenance Expense
2500
Personal Property Taxes
34000

Showing Information

Showing Instructions
Call Fred Copeland at 859-619-2100

Tax & Legal

Elementary School
Waco
Middle Or Junior School
Clark-Moores
High School
Madison Central
Tax Rate
0.0115
Zoning Description
R

Association/Community

Number Of Buildings
20
Number Of Units Total
20

Lot

Lot Size Acres
0
Lot Size Square Feet
0

Association Amenities

Clubhouse
Yes

Cooling

Heat Pump
Yes

Possession

Close Of Escrow
Yes
Rental Agreement
Yes

Structure Type

Quadruplex
Yes

Property Features

Utilities: Electricity Connected; Sewer Connected; Water Connected; Electricity Connected; Sewer Connected; Water Connected Association Amenities: Clubhouse Cooling: Heat Pump Possession: Close Of Escrow; Rental Agreement Structure Type: Quadruplex
Listing Office: Bluegrass Sotheby's International Realty
Last Updated: August - 29 - 2025
Information deemed reliable but not guaranteed.
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