$288,200
- 3 Beds
- 2 Baths
- 1,113 sqft (on 0.28 acres)
116 Covington Way, Richmond, KY 40475
Est. Refi. Payment $1,812/mo*
Refinance Your HomeCurrently Off Market - Sold Mar 22, 2005 for $129,180
Home Value
Trulia Estimate
$288KSince last month
Decreased$800 (-0.3%)Since last year
Decreased$1K (-0.4%)Since last sale
Increased$159K (+123.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +112% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $289K |
| August 2026 | $289K |
| July 2026 | $291K |
| June 2026 | $298K |
| May 2026 | $291K |
| April 2026 | $289K |
| March 2026 | $283K |
| February 2026 | $281K |
| January 2026 | $274K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.22 | Single-Family Home | $279,000 | 03/06/26 | 3 | 2 | 1,314 | |
0.09 | Single-Family Home | $295,000 | 02/13/26 | 3 | 2 | 1,696 | |
0.17 | Single-Family Home | $345,000 | 12/11/25 | 3 | 2 | 1,720 | |
0.21 | Single-Family Home | $350,000 | 06/25/26 | 3 | 2 | 1,920 | |
0.24 | Single-Family Home | $291,500 | 03/23/26 | 3 | 2.5 | 1,453 | |
0.11 | Single-Family Home | $310,000 | 09/15/26 | 3 | 2 | 1,578 | |
0.29 | Single-Family Home | $349,900 | 04/30/26 | 3 | 2 | 1,818 | |
0.36 | Single-Family Home | $332,500 | 02/13/26 | 3 | 2 | 1,656 | |
0.20 | Single-Family Home | $280,000 | 04/22/26 | 3 | 2 | 1,638 | |
0.35 | Single-Family Home | $501,500 | 05/29/26 | 3 | 2 | 2,225 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $309,000 | 3 | 3.5 | 2,007 | Off Market | |
0.04 | $295,100 | 3 | 2 | 1,451 | Off Market | |
0.04 | $361,600 | 3 | 2 | 1,984 | Off Market | |
0.04 | $288,400 | 3 | 2 | 1,485 | Off Market | |
0.05 | $300,800 | 3 | 2 | 1,532 | Off Market | |
0.09 | $295,000 | 3 | 2 | 1,696 | Recently Sold | |
0.05 | $314,200 | 3 | 2 | 1,525 | Off Market | |
0.08 | $305,600 | 3 | 2 | 1,525 | Off Market | |
0.06 | $297,800 | 4 | 3 | 2,586 | Off Market | |
0.10 | $298,700 | 3 | 2 | 1,578 | Off Market | |
0.09 | $284,100 | 3 | 2 | 1,527 | Off Market | |
0.11 | $294,000 | 3 | 2 | 1,831 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
0.28 acre lot
1,113 sqft
$259/sqft
Garage
About this House
This single-family home is located at 116 Covington Way, Richmond, KY. 116 Covington Way is in Richmond, KY and in ZIP code 40475. This property has 3 bedrooms, 2 bathrooms and approximately 1,113 sqft of floor space. This property has a lot size of 0.28 acres.
116 Covington Way, Richmond, KY 40475 is a 3 bedroom, 2 bathroom, 1,113 sqft single-family home. It last sold for $129,180 on Mar 22, 2005. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $288,200, with a rent estimate of $1,549/month.
Home Details for 116 Covington Way
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Levels, Entrance, & Accessibility Stories: 1 |
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Property Type / Style Property Type: Single Family Home |
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Exterior Home Features Exterior: Brick |
Parking & Garage GarageParking: Garage Attached, Off Street |
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Lot Area: 0.28 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 22, 2005 Source: N/A | Sold | $129,180 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,593 | $218,000 |
Home facts updated by county records
Market trends in Richmond
Last updated August 2026
Avg. sale price
$327K
$167MoM
Sale-to-List Price
98.5%
Price per sq ft
$163
$1MoM
Available listings
323
11MoM
Around this home
What Locals Say about Richmond
At least 348 Trulia users voted on each feature.
91 % Say car is needed
83 % Say parking is easy
82 % Say it's dog friendly
76 % Say there's holiday spirit
71 % Say there are sidewalks
70 % Say yards are well-kept
64 % Say kids play outside
56 % Say people would walk alone at night
55 % Say it's quiet
52 % Say streets are well-lit
51 % Say neighbors are friendly
47 % Say there's wildlife
40 % Say they plan to stay for at least 5 years
38 % Say it's walkable to restaurants
23 % Say it's walkable to grocery stores
18 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 116 Covington Way
- What is 116 Covington Way estimated to be worth?Trulia's estimated value for 116 Covington Way in Richmond, KY is $288,200.
- What is the price history for 116 Covington Way?116 Covington Way in Richmond, KY last sold for $129,180 in March 2005.
- Is Richmond a buyer's or seller's market?Richmond is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Richmond?The median sale price in Richmond is $327K. That is down $167 from the prior month.
- How big is the lot at 116 Covington Way?The lot at 116 Covington Way in Richmond, KY is about 0.28 acres (12,196 sq ft).
- Does 116 Covington Way have a garage?Yes, 116 Covington Way in Richmond, KY has a garage.