NOT LISTED FOR SALE

1324 Forest Dr Louisville, KY 40219

Newburg Neighborhood

Estimated Value: $208,000 - $253,000

3 Beds
2 Baths
1,114 Sq Ft
$199/Sq Ft Est. Value

Last Sold May 03, 2016

Last sale price $110,000 $99 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,322/month

5 Days on Market

Highlights

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

About This Home

As of May 2016

INVESTORS perk up those ears!!! This is a package DEAL (DEAL being the OPERATIVE WORD). 17 investment properties for sale! No less than 5 properties will be sold at one time. The other 16 MLS #’s are: 1442770, 1442773, 1442774, 1442775, 1442780, 1442781, 1442782, 1442786, 1442787, 1442789, 1442790, 1442793, 1442795, 1442797, 1442800, 1442802. ALL 17 homes are CURRENTLY RENTED. Most of them are on LONG term leases. Total price for all 17 homes is $1,725,000. The return on investment is 10.25%, PLUS depreciation of 3% for a total return on investment of 13.25%. The total monthly income for all 17 houses is $14,658.00. Total maintenance for all 17 homes in 2015 was $8,450. Home owner's insurance for all 17 properties was $13,460 in 2015. The total tax bill for all 17 properties was $16,102 in 2015. ALL of these homes are well kept, in great condition, and have great tenants!!! Buyer will have to adhere to all lease terms currently in place until renewal date(s). Owner pays NO utilities under current lease terms.

Last Agent to Sell the Property

Candace Bornstein

Gilezan Realty Listed on: 03/23/2016

Last Buyer's Agent

Spencer Lindahl

Main Street Renewal, LLC License #219071

Main Street Renewal, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,485

Year Built

  • Built in 2000

Lot Details

  • 10,019

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,114 Sq Ft Home
  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Forest Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 0049 / 2815
  • Assessor Parcel Number 281500490000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,485

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Stories: 1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Subdivision Name: FOREST PARK
  • Above Grade Finished Sq Ft: 1114.0
  • Architectural Style: Ranch
  • Utilities Electricity Connected: Yes
  • Full Bathroom Level: First
  • Rooms:Living Room5: Yes
  • Primary Bathroom Level: First
  • Primary Bedroom Level: First
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Architectural Style Ranch: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Bedroom Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.23
  • Construction Type: Vinyl Siding, Brick
  • Patio And Porch Features: Porch
  • Construction:Brick3: Yes
  • Patio and Porch Features:Porch2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway
  • Garageparkingdriveway: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 281500490000
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 2000

Tax Info

  • Tax Block: 2815
  • Tax Lot: 0049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2017
Sold by
Eph2 Assets Llc
Bought by
Home Sfr Borrower Ii Llc
Current Estimated Value
$221,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,878,931
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 23, 2016
Closed on
May 3, 2016
Sold by
Gordon Properties Llc
Bought by
Eph 2 Assets Llc
Seller's Agent
Candace Bornstein
Gilezan Realty
Buyer's Agent
Spencer Lindahl
Main Street Renewal, LLC
List Price
$105,000
Sold Price
$110,000
Premium/Discount to List
$5,000
4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%

Purchase Details

Closed on
Oct 28, 2009
Sold by
Goldsmith Gus
Bought by
Gp Enterprises Llc

Purchase Details

Closed on
Oct 16, 2009
Sold by
Howard Debra A and Holman Alberta
Bought by
Goldsmith Gus

Purchase Details

Closed on
Apr 17, 2006
Sold by
Gp Enterprises Llc
Bought by
Howard Debra A and Holman Alberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 2006
Sold by
Fox Angel
Bought by
Gp Enterprises Llc
Source: Public Records

Range of Values:

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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
Home Sfr Borrower Ii Llc $647,500 None Available
Eph 2 Assets Llc $660,000 None Available
Gp Enterprises Llc -- None Available
Goldsmith Gus -- None Available
Howard Debra A $132,000 None Available
Gp Enterprises Llc $102,510 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Home Sfr Borrower Ii Llc $79,878,931
Previous Owner Howard Debra A $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2016 05/03/16 Sold $110,000 +4.8% $99 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $105,000 +31.3% $94 / Sq Ft
04/29/2013 04/29/13 Sold $80,000 -36.0% $72 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
01/09/2013 01/09/13 For Sale $125,000 -- $112 / 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 $1,485 $130,800 $16,000 $114,800
2023 $1,528 $130,800 $16,000 $114,800
2022 $1,533 $133,700 $24,000 $109,700
2021 $1,691 $133,700 $24,000 $109,700
2020 $1,574 $133,700 $24,000 $109,700
2019 $1,449 $133,700 $24,000 $109,700
2018 $1,431 $133,700 $24,000 $109,700
2017 $1,403 $133,700 $24,000 $109,700
2013 $1,320 $132,000 $24,000 $108,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Candace Bornstein

    Gilezan Realty

  • S

    Buyer's Agent in 2016

    Spencer Lindahl

    Main Street Renewal, LLC

    Section Image

  • K

    Seller's Agent in 2013

    Kim Delaney

    RE/MAX

See All Agents

Map

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

MLS Number: 1442771

Metro Search (Greater Louisville Association of REALTORS®)

APN: 281500490000

Kentucky Jefferson County Louisville 40219 Newburg

1324 Forest Dr, Louisville, KY

This home is located at 1324 Forest Dr, Louisville, KY 40219 since 23 March 2016 and is currently estimated at $221,565, approximately $198 per square foot. This property was built in 2000. 1324 Forest Dr is a home located in Jefferson County with nearby schools including Okolona Elementary School, Blue Lick Elementary School, and Slaughter Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Metro Search (Greater Louisville Association of REALTORS®) The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Copyright 2025 Metro Search, Inc.

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