NOT LISTED FOR SALE

Estimated Value: $846,000 - $1,040,822

-- Bed
5 Baths
5,929 Sq Ft
$159/Sq Ft Est. Value

Last Sold November 02, 2016

Last sale price $395,000 $67 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $5,502/month

189 Days on Market

Highlights

  • Deck
  • Porch
  • Patio
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Memorial Park

About This Home

As of November 2016

PLEASE NOTE: LEVELS LISTED BELOW ARE ACTUALLY NUMBERED UNITS (NOT FLOORS)
This Italianate Mansion located on ''Millionaires Row'' in Historic Old Louisville offers over 5900 Sq. Ft. above grade and has been wonderfully renovated and restored by the current owner. It's currently being used as an owner occupied 3-plex. The existing TNZD zoning also offers the potential of commercial use for this property situated on a 50' X 200' lot with off street parking for7-8 cars. The main unit is located on the 1st & 2nd floors of the building and offers approximately 3500 Sq. Ft. of elegant Victorian living space with gorgeous entry foyer, formal living room with incredible floor to ceiling windows and fireplace. Heavy crown molding, incredible floor to ceiling pocket doors and soaring 12'+ ceiling tops and ample cabinetry. The dining area is open to the kitchen and offers an exposed brick wall and beautiful pine flooring. There is also a guest half bath along with 1st floor laundry. This spectacular owners' unit also offers a first floor master BR with private ensuite bath. The 2nd floor of this unit offers 2 additional private suites with separate baths along with a 3 BR that's currently being used as a game room. There is a small 1-bedroom apartment in the rear of the 1st floor which is approximately 500 Sq. Ft. The 3rd unit is a townhouse style offering approximately 1900 Sq. Ft. and is located on the 2nd and 3rd floors of the building. Enter the foyer with parquet flooring off the rear deck on the 2nd floor where you will also find a nice sized bedroom with 1/2 bath which makes for a great private guest suite. Up the stairs to the rest of this spacious unit where you will find another bedroom, full bath, living room and fully equipped galley kitchen. There is also great storage in the basement which is entered from an exterior staircase on the south side of the structure. Each unit is separately metered with separate hot water heaters and the current tenants pay their own gas and electric. The owners' unit is serviced by dual zoned HVAC systems. The 1-bedroom unit has a separate furnace and window air conditioner. Unit 3 has its own HVAC system also. The owners' unit LG&E is on EEMP which is currently billed at $172 per month.

Last Agent to Sell the Property

Michael Mawood

RE/MAX Results License #189931 Listed on: 03/11/2016

Co-Listed By

Jacob Mercier

RE/MAX Results License #216059

Last Buyer's Agent

Michael Davis

BERKSHIRE HATHAWAY HomeServices, Parks & Weisberg Realtors License #220890

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,710

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50x200

Home Design

  • 5,929 Sq Ft Home
  • Triplex
  • Brick Exterior Construction
  • Metal Roof

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Old Louisville Subdivision

Listing and Financial Details

  • Tenant pays for gas, electric, cable
  • The owner pays for water, sewer
  • Legal Lot and Block 0099 / 029K
  • Assessor Parcel Number 029K00990000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,710

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Cooling System: Central Air, Wall/Window Unit(s)
  • Lot Dimensions: 50x200
  • Property Sub Type: Triplex
  • Property Type: MultiFamily
  • Co List Office Mls Id: 23679
  • Co List Office Phone: 502-253-9100
  • Subdivision Name: OLD LOUISVILLE
  • Above Grade Finished Sq Ft: 5929.0
  • Architectural Style: Other
  • Utilities Electricity Connected: Yes
  • Cooling Central Air: Yes
  • ExteriorDeck: Yes
  • Utilities City Sewer: Yes
  • Special Features: None

Exterior Features

  • Roof: Metal, Rolled/Hot Mop
  • Construction Type: Brick
  • Exterior Features: Patio, Deck, Porch
  • Construction:Brick3: Yes
  • FeaturesExteriorPorch: Yes

Garage/Parking

  • General Property Description:_pound_ Parking Spaces: 7.0

Utilities

  • Utilities: City Sewer, City Water, Electricity Connected, Fuel:Natural
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 029K00990000

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas, Electric, Cable

Building Info

  • Year Built: 1900

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Block: 029K
  • Tax Lot: 0099

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2016
Closed on
Nov 2, 2016
Sold by
Riggs Marucs Wayne and Riggs Bambi
Bought by
Phillips Samuel W and Phillips Lisa
Seller's Agent
Michael Mawood
RE/MAX Results
Buyer's Agent
Michael Davis
BERKSHIRE HATHAWAY HomeServices, Parks & Weisberg Realtors
List Price
$489,000
Sold Price
$395,000
Premium/Discount to List
-$94,000
-19.22%
Current Estimated Value
$943,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$548,411
Avg. Annual Appreciation
5.14%
Original Mortgage
$296,250
Outstanding Balance
$242,687
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$373,398

Purchase Details

Closed on
Jul 20, 2007
Sold by
Carter Riggs Jennifer Lynn
Bought by
Riggs Marcus Wayne
Source: Public Records

Range of Values:

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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
Phillips Samuel W $395,000 None Available
Riggs Marcus Wayne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Samuel W $296,250
Previous Owner Riggs Marcus W $20,000
Previous Owner Riggs Marcus W $118,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2016 11/02/16 Sold $395,000 -19.2% $67 / Sq Ft
09/16/2016 09/16/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $489,000 -- $82 / 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 $5,710 $444,680 $45,000 $399,680
2023 $5,968 $444,680 $45,000 $399,680
2022 $5,372 $395,000 $40,000 $355,000
2021 $5,726 $395,000 $40,000 $355,000
2020 $5,428 $395,000 $40,000 $355,000
2019 $5,299 $395,000 $40,000 $355,000
2018 $5,231 $395,000 $40,000 $355,000
2017 $5,148 $395,000 $40,000 $355,000
2013 $2,135 $213,450 $27,540 $185,910
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1441725

Metro Search (Greater Louisville Association of REALTORS®)

APN: 029K00990000