$389,000

108 Covington Way Richmond, KY 40475

$4,619
Closing credit¹
4 beds
3 full
0.6 acres
House

Property details

About 108 Covington Way

Well-maintained, turnkey and extra efficient -- with solar power and a new roof installed in 2023! This beautiful ranch home on a full finished walk-out basement is 10 minutes from downtown Richmond, KY, but nestled away in a quiet subdivision with over a half-acre of space to spread out. With 3 beds and 2 full baths on the main level, and another bedroom and full bath in the basement, this home can offer versatile living arrangement options, or plenty of room to grow! The vaulted open concept kitchen and living area is ideal for hosting, with a large breakfast bar, eat-in kitchen dining area, lovely hardwood floors and ample natural light. The basement walks out to the back patio hot tub (which will convey!); and the full bath down there is like a spa -- amazing whirlpool tub, luxurious vanity space, custom cabinetry and an ample laundry/utility area with laundry chute from upstairs. The private tree-lined backyard includes a storage shed that will convey. Don't delay - set up your private tour!

Highlights

Home typeSingle Family Residence
HeatingElectric, Heat Pump
StatusActive
CoolingHeat Pump, Electric
BasementYes
Lot size0.568 Acres
Year built2004
ParkingDriveway
MLS #25006801
FireplaceBasement, Gas Starter, Gas Log

Summary

  • MLS Number: 25006801
  • Office Name: Dexter Real Estate
  • Office Phone: (859) 236-8830
  • Office Email: mark@dexteragency.com

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/7/2025, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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ranch-style home with fence, a garage, a front yard, brick siding, and driveway

$389,000

108 Covington Way

$4,619

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 07, 2023
Home Sold
$319,000
Aug 04, 2005
Home Sold
$156,160

Tax history

YearAssessmentProperty Tax
2023$220,000$2,134
2022$220,000$2,140
2021$220,000$301
2019$162,500$242
2018$162,500$1,651

History based on county public records data.

Nearby schools

7

Kit Carson Elementary School

Public District 1-5

0.7 mi

450 Tates Creek Rd

6

Daniel Boone Elementary School

Public District 1-5

1.9 mi

710 N 2nd St

4

White Hall Elementary School

Public District 1-5

1.9 mi

2166 Lexington Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $60,848. Residents of Richmond, KY typically earn between $35k-100k each year. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

22%
<35k
60%
35k-100k
14%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
7%
Single, with Kids
36%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
29%
18-34 yrs old
34%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • College FootballCollege Football
  • PGA/LPGAPGA/LPGA
  • SoccerSoccer

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Stein MartStein Mart
  • Best BuyBest Buy

Where do the neighbors go to eat?

  • SonicSonic
  • Bob EvansBob Evans
  • Texas RoadhouseTexas Roadhouse

What do the neighbors drive?

  • KiaKia
  • LincolnLincoln
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • Contemporary ChristianContemporary Christian
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Richmond, KY

About 108 Covington Way

This home is located at 108 Covington Way in Richmond, KY and zip code 40475. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 7, 2025 and is currently priced at $389,000.

In March 2025, from all listings sold in Richmond, KY there were more than 7 sold above asking price, over 26 sold below and more than 8 were sold right at the asked price. Between February and March 2025, Richmond, KY real estate market has seen increase in the number of listings by 16.3%. The median list price of listings available in March 2025 was $305,044, while the average time on the real estate market was 52 days.

From Rocket Homes Real Estate and based on county public records data.

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