$273,000
SOLD MAR 17, 2021
5 Beds
2 Baths
2,171 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$126 Per Sq Ft

1% Above List Price

3 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating Available
  • Porch

About This Home

As of March 2021

Investor opportunity. Beautiful completely renovated rental property.
Current rent is $2,500 per month.
$25,238.26 NOI.
At list price it offers a very strong 9.3% CAP rate. If financed with 20% down/15 yr AM at 4.75% it produces $5,076.82 positive cash flow.

Current lease expires 5/23/23.
Tenants pay all utilities.
SELLER ALSO HAS 8 OTHER RENTAL PROPERTY LISTINGS: MLS #S ARE AS FOLLOWS 1577379,1577347,1577380,1577381,1577382,1577375,1577376,1577277,1577378

Last Agent to Sell the Property

Shawn Owens

Beck Realty Group License #217950 Listed on: 01/14/2021

Last Buyer's Agent

Natalie Bajandas

Keller Williams Realty- Louisville License #199036

Keller Williams Realty- Louisville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,505

Year Built

  • Built in 1900

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,171 Sq Ft Home
  • 2-Story Property
  • Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Old Louisville Subdivision

Listing and Financial Details

  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,505

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Stories: 2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Subdivision Name: OLD LOUISVILLE
  • Above Grade Finished Sq Ft: 2171.0
  • ResoBuildingAreaSource: Builder
  • Utilities Electricity Connected: Yes
  • Full Bathroom Level: First
  • Rooms:Living Room5: Yes
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: Cellar
  • Bedroom Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Total Bedrooms: 10
  • ResoLivingAreaSource: Builder
  • Other Rooms:Family Room2: Yes
  • Basement:Cellar: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.05
  • Construction Type: Brick
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Porch
  • Construction:Brick3: Yes
  • Patio and Porch Features:Porch2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, None
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Utilities: Electricity Connected, Fuel:Natural
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1900

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Mar 4, 2021
Sold by
M & T Equity Llc
Bought by
Magee Andrew Patrick and Edwards Magee Rebecca
Seller's Agent
Shawn Owens
Beck Realty Group
Buyer's Agent
Natalie Bajandas
Keller Williams Realty- Louisville
List Price
$270,000
Sold Price
$273,000
Premium/Discount to List
$3,000
1.11%
Current Estimated Value
$365,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,908
Avg. Annual Appreciation
6.60%
Original Mortgage
$223,860
Outstanding Balance
$202,942
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$157,261

Purchase Details

Closed on
Aug 19, 2019
Sold by
Thompson Doug L
Bought by
M & T Equity Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,762
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 11, 2018
Sold by
Thompson Troy and Thompson Michelle
Bought by
Thompson Dough L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,369
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 2009
Sold by
Troutman Seunghee and Ryoo Seunghee
Bought by
Troutman Reed M

Purchase Details

Closed on
Jan 5, 2007
Sold by
Estate Of Goldie B Bailey
Bought by
Troutman Reed M and Troutman Seunghee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
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
Warranty Deed $273,000 None Available
Commissioners Deed $114,180 None Available
Warranty Deed $143,000 Freibert & Mattingly Title G
Interfamily Deed Transfer -- None Available
Deed $90,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $223,860 New Conventional
Previous Owner $176,000 Commercial
Previous Owner $142,762 Commercial
Previous Owner $140,369 FHA
Previous Owner $72,000 Purchase Money Mortgage
Previous Owner $18,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $273,000 +1.1% $126 / Sq Ft
01/17/2021 01/17/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $270,000 +196.7% $124 / Sq Ft
08/03/2012 08/03/12 Sold $91,000 -27.2% $49 / Sq Ft
07/20/2012 07/20/12 Pending -- -- --
02/13/2012 02/13/12 For Sale $124,950 -- $68 / 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 $3,505 $273,000 $40,000 $233,000
2023 $3,664 $273,000 $40,000 $233,000
2022 $3,713 $114,180 $40,000 $74,180
2021 $1,655 $114,180 $40,000 $74,180
2020 $1,569 $114,180 $40,000 $74,180
2019 $1,918 $143,000 $40,000 $103,000
2018 $1,754 $132,440 $40,000 $92,440
2017 $1,726 $132,440 $40,000 $92,440
2013 $910 $91,000 $9,000 $82,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1577347

Metro Search (Greater Louisville Association of REALTORS®)

APN: 032F00690000