NOT LISTED FOR SALE

Estimated Value: $485,000 - $584,698

-- Bed
3 Baths
2,679 Sq Ft
$200/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $350,000 $131 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,174/month

32 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating System Uses Natural Gas

About This Home

As of December 2020

Perfect Investor Opportunity Or Income Producing Residence, Old Louisville Location, Spacious, Updates, Large Triplex on Quiet Tree Covered Street (please see 3D Tour and pictures). This elegant turn of the century and well maintained Triplex is located in the middle of Old Louisville historic district close to everything! You will enjoy the updates including new paint throughout. The main floor unit is currently empty, which would be perfect for an owner/occupant. The other 2 units are rented for a total of $2075 a month (with both rented). All 3 units are on separate meters, and also have their own separate HVAC systems with central A/C. Controlled by wireless thermostats. First floor unit is a large 1 bedroom, living room and a full bath. Roomy eat-in kitchen with refrigerator, range, dishwasher, with a High-Efficiency Samsung stackable Washer/Dryer. 2nd level is a 1 bedroom unit with living room, eat in kitchen with appliances and a full bath. There is an office space area that can be used as a great space to work, or you can be creative with extra seating. 3rd level unit is a spacious studio with plenty of closet space! Unit 2 and 3 are provided fully furnished (Former Airbnb's). There are 2 parking spaces off the rear alley, and no permits required to park on street in front. Great opportunity! Come see this one today!
Building kicks off (when all are rented):
Apt. #1 $1100. Monthly
Apt. #2 $1250 Monthly
Apt. #3 $825 Monthly

Last Agent to Sell the Property

Bob Sokoler

RE/MAX Properties East Brokerage Phone: (502) 376-5483 License #206702 Listed on: 10/16/2020

Last Buyer's Agent

NON MEMBER

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,494

Year Built

  • Built in 1906

Home Design

  • 2,679 Sq Ft Home
  • Triplex
  • Brick Exterior Construction
  • Asphalt Roof

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Old Louisville Subdivision

Listing and Financial Details

  • Tenant pays for gas, electric
  • The owner pays for water, trash removal, sewer, cable
  • Legal Lot and Block 0139 / 032F
  • Assessor Parcel Number 032F01390000
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,494

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Cooling System: Heat Pump, Other, Central Air
  • Lot Dimensions: 0
  • Property Sub Type: Triplex
  • Property Type: MultiFamily
  • Attribution Contact: (502) 376-5483
  • Subdivision Name: OLD LOUISVILLE
  • Above Grade Finished Sq Ft: 2679.0
  • Architectural Style: Tri-Level
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Cooling Central Air: Yes
  • Utilities City Sewer: Yes
  • Owner Pays:Trash Removal: Yes
  • RoofAsphalt: Yes
  • Special Features: VirtualTour

Exterior Features

  • Roof: Asphalt, Rolled/Hot Mop
  • Construction Type: Brick
  • Exterior Features: None
  • Construction:Brick3: Yes

Garage/Parking

  • General Property Description:_pound_ Parking Spaces: 2.0

Utilities

  • Utilities: City Sewer, City Water, Electricity Connected, Fuel:Natural
  • Cooling Y N: Yes
  • Heating: Natural Gas, Heat Pump, Other
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 0.11
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 032F01390000
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Building Info

  • Year Built: 1906

Tax Info

  • Tax Block: 032F
  • Tax Lot: 0139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Dec 18, 2020
Sold by
Engelking Stuart W
Bought by
Baumgardner Josef Clint
Seller's Agent
Bob Sokoler
RE/MAX Properties East
Buyer's Agent
NON MEMBER
NON-MEMBER OFFICE
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Current Estimated Value
$534,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,849
Avg. Annual Appreciation
9.12%
Original Mortgage
$337,750
Outstanding Balance
$300,698
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$234,151

Purchase Details

Closed on
Dec 21, 2006
Sold by
Enoch Carl L
Bought by
Engelking Stuart W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,700
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Baumgardner Josef Clint $350,000 Bluegrass Land Title Llc
Engelking Stuart W $152,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baumgardner Josef Clint $337,750
Previous Owner Engelking Stuart W $151,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $350,000 -6.7% $131 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $375,000 -- $140 / 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 $4,494 $350,000 $60,000 $290,000
2023 $4,697 $350,000 $60,000 $290,000
2022 $4,760 $189,000 $60,000 $129,000
2021 $2,740 $189,000 $60,000 $129,000
2020 $2,597 $189,000 $60,000 $129,000
2019 $2,535 $189,000 $60,000 $129,000
2018 $2,330 $175,950 $40,000 $135,950
2017 $2,293 $175,950 $40,000 $135,950
2013 $1,529 $152,900 $27,000 $125,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search, Inc.

MLS Number: 1571924

Metro Search, Inc.

APN: 032F01390000