NOT LISTED FOR SALE

1040 Classic Way Louisville, KY 40245

Estimated Value: $387,000 - $515,000

3 Beds
2 Baths
1,966 Sq Ft
7,405 Sq Ft Lot

Last Sold October 16, 2023

Last sale price $375,000 $191 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,654/month

105 Days on Market

Highlights

  • 1 Fireplace
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Lowe Elementary School Rated A-

About This Home

As of October 2023

Welcome Home to the most meticulously maintained and updated 3 Bed, 2 bath patio home in the idyllic Reserve of Polo Fields. This particularly bright and better-than-new home highlights updated granite countertops, a gas range with a hood, added cabinetry, a private patio area, beautiful landscaping, an ideal corner lot setting, and a wide-open (and rare) unfinished basement which could easily be finished in a variety of ways by the next lucky owner. The yearly HOA fee for Polo Fields is $450 and the $375 monthly maintenance covers water, exterior maintenance, groundskeeping, master insurance, irrigation, snow removal and trash pick-up. An optional social membership fee of $65/month would grant access to the Polo Fields clubhouse, pool, playground, tennis courts and more. This wonderfully built and appointed turn-key patio home will provide a fantastic lifestyle experience for the next owner. A must see! Please contact the listing agent for a private showing.

Last Agent to Sell the Property

Michael Tyrikos

Lenihan Sotheby's International Realty License #261523 Listed on: 08/09/2023

Last Buyer's Agent

Beth Northup

Weichert Realtors-ABG

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2017

Lot Details

  • 7,405

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 1,966 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • Association fees include ground maintenance, sewer, snow removal, trash, water
  • The Reserve Of Polo Fields Subdivision

Listing and Financial Details

  • Legal Lot and Block 0141 / 3882
  • Assessor Parcel Number 388201410000
  • Seller Concessions Not Offered

Property Details

Home Type

Condominium

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Cooling System: Central Air
  • Stories: 1
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Garage Yn: Yes
  • Reso Association Fee Includes: Maintenance Grounds, Sewer, Snow Removal, Trash, Water
  • Subdivision Name: THE RESERVE OF POLO FIELDS
  • Above Grade Finished Sq Ft: 1966.0
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Full Bathroom Level: First
  • Primary Bedroom Level: First
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Architectural Style Ranch: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Fireplaces Level 1: 1
  • Bedroom Level: First
  • Dining Area Level: First
  • Great Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Stories: 1
  • ResoLivingAreaSource: Other
  • BasementFoundation:Poured Concrete: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Construction Type: Brick
  • Foundation Details: Poured Concrete
  • Construction:Brick3: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached
  • General Property Description:Garage Spaces: 2
  • GarageParking:Attached: Yes

Utilities

  • Utilities: Electricity Connected, Fuel:Natural
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 450.0
  • Association: Yes

Schools

  • Junior High Dist: Jefferson

Lot Info

  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 388201410000
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 2017

Tax Info

  • Tax Block: 3882
  • Tax Lot: 0141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Oct 16, 2023
Sold by
Jessie Tammy and Jessie Dennis
Bought by
Hughes Jacob and Hughes Fallon
Seller's Agent
Michael Tyrikos
Lenihan Sotheby's International Realty
Buyer's Agent
Beth Northup
Weichert Realtors-ABG
List Price
$395,000
Sold Price
$375,000
Premium/Discount to List
-$20,000
-5.06%
Views
136
Current Estimated Value
$436,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,975
Avg. Annual Appreciation
9.00%
Original Mortgage
$75,000
Outstanding Balance
$73,863
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$365,541

Purchase Details

Listed on
Dec 9, 2016
Closed on
Nov 8, 2017
Sold by
Highline Residential Development
Bought by
Hartlage Thomas and Hartlage Maria
Seller's Agent
Elizabeth Monarch
Keller Williams Realty- Louisville
Buyer's Agent
Dane Melton
RE/MAX Properties East
List Price
$265,000
Sold Price
$263,500
Premium/Discount to List
-$1,500
-0.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$185,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hughes Jacob $520,000 Limestone Title
Jessie Dennis Ray $375,000 Kentucky Title
Hartlage Thomas $263,500 Regional First Title Group L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jessie Dennis Ray $75,000
Previous Owner Hartlage Thomas $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $375,000 -2.6% $191 / Sq Ft
08/24/2023 08/24/23 Price Changed $384,900 -1.3% $196 / Sq Ft
07/17/2023 07/17/23 Price Changed $389,900 -1.3% $198 / Sq Ft
06/01/2023 06/01/23 For Sale $395,000 +49.9% $201 / Sq Ft
11/09/2017 11/09/17 Sold $263,500 -0.6% $134 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
12/09/2016 12/09/16 For Sale $265,000 -- $135 / Sq Ft
Source: Metro Search (Greater Louisville Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $375,000 $55,000 $320,000
2023 $3,281 $283,320 $55,000 $228,320
2022 $3,292 $263,500 $35,000 $228,500
2021 $3,307 $263,500 $35,000 $228,500
2020 $3,036 $263,500 $35,000 $228,500
2019 $2,974 $263,500 $35,000 $228,500
2018 $2,821 $263,500 $35,000 $228,500
2017 $262 $25,000 $25,000 $0
2013 $196 $19,590 $19,590 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search (Greater Louisville Association of REALTORS®)

MLS Number: 1637712

Metro Search (Greater Louisville Association of REALTORS®)

APN: 388201410000