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261 Clairmont Dr, Richmond, KY, 40475

2beds
2baths
1,585sqft
$299,900
$189price/sqft
$2,053/moest. monthly cost
$82,120/yrincome needed

About This Home

This one-owner condo in Grey Oaks is ready for a new owner. This 2 bedroom, 2 bathroom beauty features a fully equipped kitchen with a new microwave and a 2-level bar perfect for casual eating or entertaining. A more formal dining area is also available. The spacious living room with a gas fireplace, vaulted ceilings and a ceiling fan creates the perfect space for friends and family gatherings. The primary bathroom has a separate tub and large shower along with a double-sink vanity. The living room and the primary bedroom both have access to a patio surrounded by a privacy fence. The washer and dryer will convey to the new owner. The attached 2-car garage has a pull-down stairs unit which leads to the attic.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

6/10
8/10
Madison Middle SchoolGrades 6-81.1 mi
7/10

Construction

Condition

  • Year built: 2009

Materials

  • Foundation: Slab
  • Roof: Dimensional Style
  • Construction materials: Brick Veneer

Type & Style

  • Home type: Condo
  • Architectural style: Ranch
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Microwave,Refrigerator,Washer,Range
  • Laundry features: Electric Dryer Hookup,Main Level,Washer Hookup

Bathroom2

  • Level: First

Bedroom2

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First

Features

  • Breakfast Bar,Entrance Foyer,Walk-In Closet(s),Ceiling Fan(s)
  • Window features: Insulated Windows,Blinds
  • Flooring: Carpet,Hardwood,Tile
  • Number of fireplaces: 1
  • Fireplace features: Gas Log,Living Room,Ventless
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,585

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 1,585
  • Total interior livable area: 1,585 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bathroom

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 005500120261

Features

  • Levels: One
  • Fencing: Wood

Parking

  • Total spaces: 2
  • Parking features: Attached Garage,Driveway,Garage Faces Front
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Tornado
Winter Weather
Hail

FEMA Declared Disasters Across Kentucky Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,516$18,192
Home Insurance *$148$1,776
Property Taxes $235$2,820
Electricity $154$1,850
Total$2,053$24,636
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$70,388/yr
40% on housing$61,590/yr
45% on housing$54,746/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$189This listing

vs Other Active Listings

Avg $/sqft

ZIP 40475$166
Madison County$165

vs Homes Sold Last Month

Median $/sqft

ZIP 40475$175
Madison County$177

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-19Listed for sale$299,900
2009-05-18Sold$199,500

For Sale by Agent

AgentHelen M Fardo
BrokerageColdwell Banker McMahan

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