$60,000
SOLD NOV 21, 2017
2 Beds
1 Bath
1,180 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$51 Per Sq Ft

65 Days on Market

Highlights

  • No HOA
  • Barret Traditional Middle School Rated A-
  • Heating System Uses Natural Gas

About This Home

As of February 2021

INVESTOR / Developer ALERT, Opportunity abounds here! $129,800 for pair -1112 & 1114 Payne St. 48 hour notice required to get in occupied side of duplex. Please note these properties (1112 and 1114 Payne St.) are to be sold together and have been priced according to condition. This property is zoned R-6 and per owner could accommodate as many as 3-5 units and would be an ideal location for a multifamily development as it is in close proximity to all the businesses and development on the Baxter Ave. corridor, Headliners music hall, Clifton, The Highlands, downtown an NuLu!Sold 'as is' with no warranties expressed or implied.Condition shouldn't come into consideration at this price and location, the value is in the location and zoning.

Last Agent to Sell the Property

Zach Fry

Keller Williams Realty- Louisville Listed on: 08/04/2017

Last Buyer's Agent

Zach Fry

Keller Williams Realty- Louisville Listed on: 08/04/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,349

Year Built

  • Built in 1900

Home Design

  • Shingle Roof

Interior Spaces

  • 1,180 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 0056 / 068G
  • Assessor Parcel Number 068G00560000
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,349

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Cooling System: None
  • Stories: 1
  • Lot Dimensions: < 1/4 ACRE
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: No
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 1180.0
  • Architectural Style: Shotgun
  • Utilities Electricity Connected: Yes
  • Full Bathroom Level: First
  • Rooms:Living Room5: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Bedroom Level: First
  • Dining Area Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 7
  • Other Rooms:Dining Area: Yes
  • Basement:None6: Yes

Exterior Features

  • Fencing: Other
  • Roof: Shingle
  • Acres: 0.08
  • Construction Type: Wood Frame
  • Foundation Details: Crawl Space
  • Construction:Frame - Wood2: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling Y N: No
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 3485.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 068G00560000
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1900

Tax Info

  • Tax Block: 068G
  • Tax Lot: 0056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2020
Closed on
Feb 26, 2021
Sold by
Kazanova Joshua P
Bought by
Bratton John J
Seller's Agent
Shaw Solomon
Rainey, Allen & Shaw REALTORS
Buyer's Agent
Christopher Metts
Red Edge Realty
List Price
$385,000
Sold Price
$367,500
Premium/Discount to List
-$17,500
-4.55%
Current Estimated Value
$448,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,153
Avg. Annual Appreciation
4.53%
Original Mortgage
$349,125
Outstanding Balance
$313,676
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$134,977

Purchase Details

Listed on
Aug 4, 2017
Closed on
Nov 21, 2017
Sold by
The James K Mathies Trust
Bought by
The Wynnfield Company Llc
Seller's Agent
Zach Fry
Keller Williams Realty- Louisville
Buyer's Agent
Zach Fry
Keller Williams Realty- Louisville
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.06%
Original Mortgage
$379,262
Interest Rate
3.91%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Listed on
Jul 22, 2011
Closed on
Jan 6, 2012
Sold by
Summit Property Investments Llc
Bought by
Scurlock R Hampton
Seller's Agent
Rhonda Fenwick
Keller Williams Realty- Louisville
Buyer's Agent
Amy Smith
Exit Realty Crutcher
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $367,500 Land Group Title & Closings
Warranty Deed $120,000 Rounsavall Title Group Llc
Corporate Deed $35,000 Freibert Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $349,125 New Conventional
Previous Owner $379,262 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $74,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $367,500 -3.0% $184 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/15/2021 01/15/21 Price Changed $379,000 -1.6% $190 / Sq Ft
11/27/2020 11/27/20 For Sale $385,000 +11.0% $193 / Sq Ft
12/16/2019 12/16/19 Sold $347,000 -0.9% $174 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
10/27/2019 10/27/19 For Sale $350,000 +483.3% $175 / Sq Ft
11/21/2017 11/21/17 Sold $60,000 -7.6% $51 / Sq Ft
10/08/2017 10/08/17 Pending -- -- --
08/31/2017 08/31/17 Price Changed $64,900 -7.2% $55 / Sq Ft
08/18/2017 08/18/17 Price Changed $69,900 +99.7% $59 / Sq Ft
01/06/2012 01/06/12 Sold $35,000 -12.5% $37 / Sq Ft
07/25/2011 07/25/11 Pending -- -- --
07/22/2011 07/22/11 For Sale $40,000 -- $42 / 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 $5,349 $416,610 $33,000 $383,610
2023 $4,932 $367,500 $33,000 $334,500
2022 $4,998 $347,000 $33,000 $314,000
2021 $5,030 $347,000 $33,000 $314,000
2020 $4,768 $347,000 $33,000 $314,000
2019 $1,328 $98,960 $17,000 $81,960
2018 $795 $60,000 $17,000 $43,000
2017 $1,118 $85,760 $17,000 $68,760
2013 $350 $35,000 $14,000 $21,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1482924

Metro Search (Greater Louisville Association of REALTORS®)

APN: 068G00560000