NOT LISTED FOR SALE

Estimated Value: $142,630 - $928,000

-- Bed
8 Baths
4,609 Sq Ft
$90/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $765,000 $166 Per Sq Ft

Est. 46% decrease in value since last sale

Current estimated payment $2,182/month

5 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Atherton High School Rated A
  • No HOA

About This Home

As of March 2022

8 unit building in spectacular location. Condo Regime is intact with current owner owning ALL units/could easily reinstate and sell all as condos if a new owner were to choose to do so at some future time. Well-leased/bringing in $6540 in revenue. Owner currently pays $8315.99 per yr in taxes. Owner currently pays $3374.92 per yr in insurance. Owner only pays water (approx $250 per mo). DO NOT TALK TO TENANTS and please stay away from building. Rent Roll and Leases are in Documents. FIRST SHOWING is at the Open House from 3pm-5pm on Tuesday, 1/11/2022 (we will do as well as we can with some tenants undoubtedly claiming that they have COVID/all attendees MUST wear masks). Should we be fortunate enough to receive offers, they will be due by not later than 12N on 1/12/2022 and a decision made on 1/12/2022 at 2pm. Otherwise, unless an accepted offer is in hand, the property will not be shown. We will take offers on the property sight unseen and only with an accepted offer will the property be shown with a 72 hour pending notification to the residents. This is a fully occupied building with four 2BR/1BA units, two 1BR/1BA units and two Studio/1BA units. Preapproval or Proof of Funds must accompany all offers or the offer will not be considered. Current Condo Regime is also in documents for the review of the potential buyer. Property is sold in as is/where is condition, with all faults and with no warranties or guarantees. Seller will make no repairs. Note: Unit #7 is under eviction for illegally subletting his unit.

Last Agent to Sell the Property

Louise Venettozzi

Exit Realty Home Front License #247851 Listed on: 01/07/2022

Exit Realty Home Front

Co-Listed By

Britton Reid

Great Space Louisville LLC License #221315

Last Buyer's Agent

Louise Venettozzi

RE/MAX Connections

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1905

Lot Details

  • 0.26

Home Design

  • 4,609 Sq Ft Home
  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding

Utilities

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

Additional Features

  • Deck
  • Lot Dimensions are 8923x612

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for trash collection, sewer, water
  • Legal Lot and Block 0001 / 028N
  • Assessor Parcel Number 028N0010000
  • Seller Concessions Not Offered

Property Details

Home Type

Apartment

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Lot Dimensions: 8923x612
  • Property Sub Type: Apartment
  • Property Type: Multi Family
  • Co List Office Phone: 502-314-7600
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 4609.0
  • Architectural Style: Traditional
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Owner Pays:Trash Removal: Yes
  • Architectural Style Traditional: Yes
  • Water and Sewer:City Sewer: Yes
  • Special Features: None

Exterior Features

  • Roof: Shingle
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck
  • Construction:Vinyl Siding: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • General Property Description:_pound_ Parking Spaces: 9.0

Utilities

  • Utilities: Electricity Connected, Fuel:Natural
  • Green Building Features: Additional Strg, Pets Allowed
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 028N0010000

Rental Info

  • Owner Pays: Trash Collection, Sewer, Water
  • Tenant Pays: Cable TV, Electricity, Gas, See Remarks

Building Info

  • Year Built: 1905

Tax Info

  • Tax Block: 028N
  • Tax Lot: 0001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2016
Sold by
Havens Sara A
Bought by
Payne Partrick M
Current Estimated Value
$415,877

Purchase Details

Closed on
Jun 1, 2007
Sold by
Cobb Homes Llc
Bought by
Nett Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2006
Sold by
Cobb Homes Llc
Bought by
Hammond Claire L and Adams Tyson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2006
Sold by
Payne Patrick M and Payne Shirley
Bought by
Cobb Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Payne Partrick M $84,500 None Available
Nett Jill $103,500 Principal Title Services
Hammond Claire L $120,000 First American
Cobb Homes Llc $492,812 Mattingly Ford
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nett Jill $82,800
Previous Owner Hammond Claire L $104,400
Previous Owner Cobb Homes Llc $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2022 03/04/22 Sold $765,000 -18.2% $166 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $935,000 -- $203 / Sq Ft
Source: Metro Search, Inc.

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 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search, Inc.

MLS Number: 1603551

Metro Search, Inc.

APN: 028A00420000