NOT LISTED FOR SALE

Estimated Value: $420,000 - $490,000

2 Beds
3 Baths
3,893 Sq Ft
$117/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $344,500 $88 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,826/month

3 Days on Market

Highlights

  • Deck
  • Porch
  • 2-minute walk to Memorial Park
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of July 2020

New price, new season, and a new market! Out of town buyers have gotten cold feet, and seller is motivated. This fully renovated duplex in an opportunity zone will astound you with its preservation of the old and added amenities of the 21st century. The downstairs unit is adorned with natural original woodwork (double pocket doors), 2 large bedrooms, 1.5 updated baths, remodeled kitchen, laundry, and a new deck. This unit is currently rented below market value for $600 (month to month to a friend) but could easily be rented for $800+. The upstairs unit encompasses the 2nd and 3rd floors and will amaze you with light-filled views of the historic architecture of Walnut Street Baptist Church and downtown Louisville. The second floor open floor concept sprawls from the all new modern kitchen into the massive family room. Functionality presents itself with a convenient laundry room, a master bedroom and bathroom, and a private balcony. Head upstairs through the spiraling staircase to the third floor, where you will find 2 adjoining bedrooms, a captivating sitting room, and a beautiful new full bathroom. Both units have their own interior updated electrical panels. The tall basement/cellar is dry, protected, well lit, and great for storage. Outback is a private adjoining courtyard that is safe and secure. If you don't want long term renters, this building is also short term rental approved and transferable to the new owner. You are 2 blocks away from St. James, The Filson Historical Society, and a short distance to Central Park.

Last Agent to Sell the Property

Eddie Kidwell

Kentucky Select Properties License #220036 Listed on: 05/18/2020

Kentucky Select Properties

Co-Listed By

Kristin Kidwell

Kentucky Select Properties License #241087

Last Buyer's Agent

Adam Caperton

Caperton Realty License #206775

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,116

Year Built

  • Built in 1900

Lot Details

  • 2,614

Home Design

  • 3,893 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Stone Siding

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Old Louisville Subdivision

Listing and Financial Details

  • The owner pays for water, gas, electric, cable
  • Legal Lot and Block 0105 / 029K
  • Assessor Parcel Number 029K01050000
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,116

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Lot Dimensions: .06
  • Property Sub Type: Duplex
  • Property Type: MultiFamily
  • Co List Office Mls Id: 408
  • Co List Office Phone: 502-271-5000
  • Subdivision Name: OLD LOUISVILLE
  • Above Grade Finished Sq Ft: 3893.0
  • Architectural Style: Other
  • ResoBuildingAreaSource: Appraiser
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • ExteriorDeck: Yes
  • Utilities City Sewer: Yes
  • Special Features: None

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick, Stone
  • Exterior Features: Deck, Porch
  • Construction:Brick3: Yes
  • FeaturesExteriorPorch: Yes
  • Construction:Stone3: Yes

Utilities

  • Utilities: City Sewer, City Water, Fuel:Natural
  • Green Building Features: Pets Allowed
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 029K01050000

Rental Info

  • Owner Pays: Water, Gas, Electric, Cable

Building Info

  • Year Built: 1900

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Block: 029K
  • Tax Lot: 0105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Jul 10, 2020
Sold by
Hoffman Cortney
Bought by
Williamson James and Gigante Peter Frederick
Seller's Agent
Eddie Kidwell
Kentucky Select Properties
Buyer's Agent
Adam Caperton
Caperton Realty
List Price
$350,000
Sold Price
$344,500
Premium/Discount to List
-$5,500
-1.57%
Current Estimated Value
$456,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,961
Avg. Annual Appreciation
3.97%
Original Mortgage
$338,259
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 15, 2016
Closed on
Mar 17, 2017
Sold by
Merritt Frederick L
Bought by
Hoffman Cortney
Seller's Agent
Michael Mawood
RE/MAX Results
Buyer's Agent
Eddie Kidwell
Semonin REALTORS
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.63%
Original Mortgage
$186,558
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Williamson James $344,500 Rounsavall Title Group Llc
Hoffman Cortney $190,000 Limestone Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williamson James $340,694
Closed Williamson James $338,259
Previous Owner Hoffman Cortney $186,558
Previous Owner Merritt Frederick L $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $344,500 -1.6% $88 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $350,000 +84.2% $90 / Sq Ft
03/17/2017 03/17/17 Sold $190,000 -5.0% $59 / Sq Ft
01/10/2017 01/10/17 Pending -- -- --
09/30/2016 09/30/16 For Sale $200,000 -- $62 / 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 $4,116 $320,570 $40,500 $280,070
2023 $4,302 $320,570 $40,500 $280,070
2022 $4,685 $344,500 $40,000 $304,500
2021 $4,915 $344,500 $40,000 $304,500
2020 $2,611 $190,000 $40,000 $150,000
2019 $2,549 $190,000 $40,000 $150,000
2018 $2,516 $190,000 $40,000 $150,000
2017 $2,129 $163,360 $40,000 $123,360
2013 $1,764 $176,380 $27,540 $148,840
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1559686

Metro Search (Greater Louisville Association of REALTORS®)

APN: 029K01050000