$369,000

108 Covington Way Richmond, KY 40475

$4,382
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

  • Full Bathrooms: 3
  • Appliances: Dishwasher, Electric Water Heater, Oven, Refrigerator, Range, Microwave
  • Basement: Yes
  • Flooring Type: Carpet, Tile, Hardwood
  • Interior: Dining Area, Breakfast Bar, Entrance Foyer, Bedroom First Floor, Primary First Floor, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: Basement, Gas Starter, Gas Log
  • Total Bedroom Count: 4
  • Parking: Driveway
  • Exterior: Deck, Patio, Hot Tub
  • Architectural Style: Ranch
  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump, Electric
  • List Price: $369,000
  • Annual Tax Amount: $2,134
  • Tax Year: 2023
  • Directions: From I-75, take exit 87, and go east. Turn right on Goggins Lane (just after Meijer). Turn right into Covington Woods. Home is on the right.
  • Year Built: 2004
  • Stories: 1
  • Lot Size: 0.568 Acres
  • 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: 4/28/2025, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

ranch-style home with a front yard, brick siding, and an attached garage

$369,000

108 Covington Way

$4,382

closing credit¹

Sell your home with Rocket and save even more!

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. Typical income of Richmond, KY residents is between $35k-100k annually. Typical family type is 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

Similar homes for sale

Frequently asked questions

Living in Richmond, KY

Richmond's transport infrastructure caters to a variety of mobility needs, with public transit options complementing the network of roads and highways that connect the city. The area's walkability varies, with certain neighborhoods being more pedestrian-friendly than others. Bike paths are also available for cycling enthusiasts. Enhancements to the transportation system are ongoing, aiming to improve the efficiency and accessibility for all residents.

The community is served by a robust educational system, including multiple public schools at the elementary, middle, and high school levels, as well as private educational institutions. Healthcare services are comprehensive, with facilities offering a range of medical care. The public library system supports lifelong learning, and the city's retail and dining establishments reflect the local culture and cuisine. Initiatives are in place to adapt services to the evolving needs of Richmond's diverse population.

Richmond is celebrated for its historical significance and vibrant community spirit. The city prides itself on its rich cultural heritage, with numerous landmarks and museums that pay homage to its past. Annual events and festivals contribute to the strong sense of community, drawing residents together to celebrate and foster local traditions.

Richmond's housing market showcases a diverse array of options, with single-family homes being a significant presence. The architectural styles in the area range from classic colonial to contemporary, reflecting the city's historical roots and modern growth. The market is balanced with a mix of both homeowners and renters, providing living spaces for a variety of preferences and needs.

About 108 Covington Way

The listing price of 108 Covington Way property is $369,000.

The property 108 Covington Way is a house located in Richmond, Kentucky, 40475.

Active Listing: 108 Covington Way is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 108 Covington Way are: Kit Carson Elementary School (GreatSchools Rating 7/10), Daniel Boone Elementary School (GreatSchools Rating 6/10), White Hall Elementary School (GreatSchools Rating 4/10), Madison Middle School (GreatSchools Rating 4/10), B. Michael Caudill Middle School (GreatSchools Rating 7/10), Clark Moores Middle School (GreatSchools Rating 5/10), Madison Central High School (GreatSchools Rating 5/10), Madison Southern High School (GreatSchools Rating 8/10), Berea Community High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $2,134 (source: MLS/based on county public records data).

The last sale was on June 7, 2023 for $319,000 (source: MLS/tax record).

The property at 108 Covington Way has 4 bedrooms and 3 bathrooms.

The year of construction for 108 Covington Way is 2004.

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 $369,000.

While more than 7 listings in Richmond, KY in March 2025 were sold above asking price, there were more than 8 listings sold at asking price, and more than 26 were sold below. The number of listings in Richmond, KY increased by 16.3% between February and March 2025. 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.

More resources