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740 Tower Dr

Richmond, KY 40475

3 bd 2 ba 1,525 sqft Built 2021 Lot 13,504 sqft single_family
Most recent sale
$245,000
Jan 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2022 Sold $264,900 ImagineMLS
Apr 20, 2022 Listed $264,900 MLS #22007597
Jan 28, 2022 Sold $245,000 MLS #20113978
Jul 17, 2021 Listed $234,900 MLS #20113978

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $264,900 $2,035
2023 $264,900 $2,119
2022 $264,900 $2,383

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,525 sqft
Lot size
13,504 sqft
ZIP code
40475
City
Richmond
Street
Tower Dr
Coordinates
37.68586, -84.27186

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,288
Gross rental yield
11.21%
Implied cap rate
7.28%
Trend-extrapolated value

Frequently asked questions

When did 740 Tower Dr last sell?
740 Tower Dr most recently sold on Jan 28, 2022 for $245,000.
What is the current tax assessment for 740 Tower Dr?
The most recent total assessment for 740 Tower Dr (year 2025) is $264,900 with $2,035 in property tax.
How does 740 Tower Dr's assessment compare to its last sale price?
The current assessment is 8.1% above the last sale price of $245,000.
When was 740 Tower Dr built?
740 Tower Dr was built in 2021.
How does 740 Tower Dr compare to others on Tower Dr?
We track 8 other properties on Tower Dr. Browse the list under "Other properties on Tower Dr" to compare beds, baths, and sale history.
What are the property facts for 740 Tower Dr?
740 Tower Dr is a 3 bed, 2 bath, 1,525 sqft, 13,504 sqft lot single_family.
Is 740 Tower Dr a flip candidate?
No — 740 Tower Dr does not appear in our flips dataset.
Is 740 Tower Dr a tax-appeal candidate?
No — 740 Tower Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.7%
Implied 1-yr
+10.8%
2026 Q3
$390.7K
2026 Q4
$399.6K
ZIP 40475 — Median Price History + Forecast

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