NOT LISTED FOR SALE

1324 Highland Ave Louisville, KY 40204

Original Highlands Neighborhood

Estimated Value: $396,856 - $403,000

2 Beds
2 Baths
2,781 Sq Ft
$144/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $335,000 $120 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,456/month

3 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating and Cooling System
  • Atherton High School Rated A
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Patterson Playground

About This Home

As of September 2021

Great opportunity for investor. Three total units, one very large one and two studio style apartments. Original Highlands details like trim work and pocket doors. Each studio rents for $595/mo. One tenant set to vacate. Unit 1 is also vacant. Could live in unit or collect $1400 + in rent. The deck can be rebuilt. Come check out this opportunity!

Last Agent to Sell the Property

Neal Cox

Judah Real Estate Group License #286108 Listed on: 08/10/2021

Last Buyer's Agent

Tim Bowman

PML Real Estate Group LLC License #243302

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,405

Home Design

  • 2,781 Sq Ft Home
  • Triplex
  • Shingle Roof
  • Aluminum Siding

Utilities

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

Additional Features

  • Porch
  • Lot Dimensions are 35x215

Community Details

  • No Home Owners Association
  • Original Highlands Subdivision

Listing and Financial Details

  • Tenant pays for gas, electric, cable
  • The owner pays for water, trash removal, sewer
  • Legal Lot and Block 0108 / 027B
  • Assessor Parcel Number 027B01080000
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Cooling System: Central Air, Wall/Window Unit(s)
  • Lot Dimensions: 35x215
  • Property Sub Type: Triplex
  • Property Type: MultiFamily
  • Subdivision Name: ORIGINAL HIGHLANDS
  • Above Grade Finished Sq Ft: 2781.0
  • Architectural Style: Other
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electricity Connected: Yes
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Utilities City Sewer: Yes
  • Owner Pays:Trash Removal: Yes
  • Special Features: None

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Construction Type: Wood Frame, Aluminum Siding
  • Exterior Features: Porch
  • FeaturesExteriorPorch: Yes
  • Construction:Frame - Wood2: Yes
  • Construction:Aluminum: 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: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7525.0
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 027B01080000
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Building Info

  • Year Built: 1900

Tax Info

  • Tax Block: 027B
  • Tax Lot: 0108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Sep 24, 2021
Sold by
Smalley Mary M and Smalley Mark J
Bought by
Cupp Phillip and Cupp Rachel
Seller's Agent
Neal Cox
Judah Real Estate Group
Buyer's Agent
Tim Bowman
PML Real Estate Group LLC
List Price
$335,000
Sold Price
$335,000
Current Estimated Value
$399,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,928
Avg. Annual Appreciation
4.28%
Original Mortgage
$323,819
Outstanding Balance
$293,364
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$106,564
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
Cupp Phillip $335,000 None Available
Cupp Phillip $335,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cupp Phillip $323,819
Closed Cupp Phillip $323,819
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2021 09/24/21 Sold $335,000 0.0% $120 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/08/2021 08/08/21 For Sale $335,000 -- $120 / 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
2025 $4,221 $335,000 $57,000 $278,000
2024 $4,301 $335,000 $57,000 $278,000
2023 $4,496 $335,000 $57,000 $278,000
2022 $4,556 $270,000 $57,000 $213,000
2021 $3,904 $270,000 $57,000 $213,000
2020 $3,463 $252,000 $40,000 $212,000
2019 $3,381 $252,000 $40,000 $212,000
2018 $3,337 $252,000 $40,000 $212,000
2017 $3,284 $252,000 $40,000 $212,000
2013 -- $187,880 $33,000 $154,880
Source: Public Records

Agents Affiliated with this Home

  • Neal Cox

    Seller's Agent in 2021

    Neal Cox

    Judah Real Estate Group

    (502) 415-3649

    1 in this area

    122 Total Sales

    Neal Cox
    Section Image

  • T

    Buyer's Agent in 2021

    Tim Bowman

    PML Real Estate Group LLC

    (502) 553-3302

    4 in this area

    198 Total Sales

    Tim Bowman
    Section Image
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Map

Source: Metro Search, Inc.

MLS Number: 1593424

Metro Search, Inc.

APN: 027B01080000

Kentucky Jefferson County Louisville 40204 Original Highlands

1324 Highland Ave, Louisville, KY

Not Listed for Sale

MultiFamily

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