NOT LISTED FOR SALE

Estimated Value: $286,310 - $309,000

-- Bed
3 Baths
3,000 Sq Ft
$99/Sq Ft Est. Value

Last Sold May 28, 2014

Last sale price $140,000 $47 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,790/month

38 Days on Market

Highlights

  • Balcony
  • Patio
  • Forced Air Heating and Cooling System
  • Porch

About This Home

As of May 2014

Perfect Investor Multi Unit Victorian just minutes away from The University of Louisville! All 3 units are rented and have the potential to throw off an even bigger positive cash flow. The property is in need of a little bit of TLC, but the bones appear to be in good condition and the backyard could easily be a garden showplace. It already has lots of bricks laid out in an English Garden pattern. There’s a two car garage (currently used for storage) The property sits on a block with 250k-350k single family homes making this home perfect for conversion to family home with rental on third floor.
Each unit has it’s own Electric Meter (owner pays water/sewer & common area electric).

Last Agent to Sell the Property

Bob Sokoler

RE/MAX Properties East Brokerage Phone: (502) 376-5483 License #206702 Listed on: 04/01/2014

Last Buyer's Agent

Jason Montgomery

Rainey, Jones & Shaw REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,778

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 27x200

Home Design

  • 3,000 Sq Ft Home
  • Triplex
  • Brick Exterior Construction
  • Metal Roof

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

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

Community Details

  • Old Louisville Subdivision

Listing and Financial Details

  • Tenant pays for gas, electric, cable
  • The owner pays for water, sewer
  • Legal Lot and Block 0061 / 032F
  • Assessor Parcel Number 032F00610000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,778

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Lot Dimensions: 27X200
  • Property Sub Type: Triplex
  • Property Type: MultiFamily
  • Attribution Contact: (502) 376-5483
  • Subdivision Name: OLD LOUISVILLE
  • Above Grade Finished Sq Ft: 3000.0
  • Cooling Central Air: Yes
  • Utilities City Sewer: Yes
  • Special Features: VirtualTour

Exterior Features

  • Roof: Metal
  • Construction Type: Brick
  • Exterior Features: Patio, Balcony, Porch
  • Construction:Brick3: Yes
  • FeaturesExteriorPorch: Yes

Garage/Parking

  • General Property Description:_pound_ Parking Spaces: 2.0

Utilities

  • Utilities: City Sewer, City Water, Fuel:Natural
  • Green Building Features: Pets Allowed
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Parcel #: 032F00610000

Rental Info

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

Building Info

  • Year Built: 1900

Tax Info

  • Tax Block: 032F
  • Tax Lot: 0061

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2016
Sold by
Montgomery Jason T and Montgomery Shannon L
Bought by
Svm Prolpeies Llc
Current Estimated Value
$297,655

Purchase Details

Listed on
Apr 1, 2014
Closed on
May 28, 2014
Sold by
Rubin Chuck H and Rubin Meredith L
Bought by
Montgomery Jason T and Montgomery Shannon L
Seller's Agent
Bob Sokoler
RE/MAX Properties East
Buyer's Agent
Jason Montgomery
Rainey, Jones & Shaw REALTORS
List Price
$165,000
Sold Price
$140,000
Premium/Discount to List
-$25,000
-15.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$105,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 5, 2005
Sold by
Rubin Chuck H
Bought by
Rubin Chuck H and Rubin Meredith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,250
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 3, 2005
Sold by
Palm Properties Llc
Bought by
Rubin Chuck

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,250
Interest Rate
5.77%
Mortgage Type
Commercial
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
Svm Prolpeies Llc $140,000 None Available
Montgomery Jason T $140,000 Bridgetrust Title
Rubin Chuck H -- None Available
Rubin Chuck $163,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montgomery Jason T $105,000
Previous Owner Rubin Chuck $122,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2014 05/28/14 Sold $140,000 -15.2% $47 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
02/23/2014 02/23/14 For Sale $165,000 -- $55 / 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 $2,778 $216,390 $90,000 $126,390
2023 $2,904 $216,390 $90,000 $126,390
2022 $2,073 $152,400 $60,000 $92,400
2021 $2,209 $152,400 $60,000 $92,400
2020 $2,094 $152,400 $60,000 $92,400
2019 $2,044 $152,400 $60,000 $92,400
2018 $1,854 $140,000 $40,000 $100,000
2017 $1,825 $140,000 $40,000 $100,000
2013 $1,731 $173,060 $27,540 $145,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search, Inc.

MLS Number: 1382206

Metro Search, Inc.

APN: 032F00610000