NOT LISTED FOR SALE

Estimated Value: $1,188,911

-- Bed
-- Bath
3,877 Sq Ft
$307/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $1,100,001 $284 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,655/month

82 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Forced Air Heating System
  • Atherton High School Rated A
  • No HOA

About This Home

As of May 2022

Located in the heart of The Highlands, on high-visibility Bardstown Road, this C-2 zoned property has been fully renovated and now includes three high-performing short term rental units with strong occupancy rates and revenues, plus a street-facing commercial space.

Unit 1: 2BR/1BA (sleeps 6), avg. $136/night
Unit 2: 1BR/1BA (sleeps 4), avg. $128/night
Unit 3: 2BR/1BA (sleeps 6), avg. $130/night
Entire Building, (sleeps 16), avg. $718/night

There are four years left on the Parkside Bikes lease (plus a two year option with rent bumps), which is for $2,300/month. Parkside Bikes is on its own meter and pays separate LGE.

The property is being sold fully furnished and rent-ready. Additional highlights include:

> Five off street parking spots > Fully renovated units, each with their own laundry
> Established, highly rated Airbnb presence

Please fill out the Confidentiality Agreement to get automatic access to financials and additional Airbnb information.

Last Agent to Sell the Property

Jenny Johnston

PRG Commercial Property Advisors License #246944 Listed on: 01/23/2022

Last Buyer's Agent

Kim Greenwalt

Semonin REALTORS License #194390

Semonin REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,124

Lot Details

  • 4,922

Home Design

  • 3,877 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof

Additional Features

  • Deck
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,124

Lot Details

0

Listing Details

  • Lot Dimensions: 0
  • Property Sub Type: Quadplex
  • Property Type: MultiFamily
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 3877.0
  • Architectural Style: Traditional
  • ResoBuildingAreaSource: Other
  • Roof:Shingle: Yes
  • ExteriorDeck: Yes
  • Utilities City Sewer: Yes
  • Special Features: None

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick
  • Exterior Features: Deck
  • Construction:Brick3: Yes

Garage/Parking

  • General Property Description:_pound_ Parking Spaces: 5.0

Utilities

  • Utilities: City Sewer
  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2022
Closed on
May 18, 2022
Sold by
Cherokee Triangle Partners Llc
Bought by
Soonie Llc
Seller's Agent
Jenny Johnston
PRG Commercial Property Advisors
Buyer's Agent
Kim Greenwalt
Semonin REALTORS
List Price
$1,299,000
Sold Price
$1,100,001
Premium/Discount to List
-$198,999
-15.32%
Current Estimated Value
$1,188,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,910
Avg. Annual Appreciation
2.94%
Original Mortgage
$759,532
Outstanding Balance
$652,184
Interest Rate
4.48%
Mortgage Type
New Conventional
Estimated Equity
$556,089

Purchase Details

Closed on
Mar 19, 2021
Sold by
Botkins Investment Group Llc
Bought by
Cherokee Triangle Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
2.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 7, 2016
Sold by
Vk Devolopment Llc
Bought by
Cherokee Triangle Partners Llc

Purchase Details

Closed on
May 14, 2014
Sold by
Csp Inc
Bought by
Botkins Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
4.32%
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
Soonie Llc $1,100,001 New Title Company Name
Cherokee Triangle Partners Llc -- None Available
Cherokee Triangle Partners Llc $295,000 S&B Title
Botkins Investment Group Llc $425,000 Mattingly Ford Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soonie Llc $759,532
Previous Owner Cherokee Triangle Partners Llc $615,000
Previous Owner Botkins Investment Group Llc $920,000
Previous Owner Botkins Investment Group Llc $395,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $1,100,001 0.0% $284 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
03/17/2022 03/17/22 Price Changed $1,100,000 -15.3% $284 / Sq Ft
01/23/2022 01/23/22 For Sale $1,299,000 -- $335 / 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 $14,124 $1,100,000 $171,960 $928,040
2023 $14,762 $1,100,000 $171,960 $928,040
2022 $5,780 $425,000 $138,910 $286,090
2021 $6,160 $425,000 $138,910 $286,090
2020 $5,840 $425,000 $138,910 $286,090
2019 $5,701 $425,000 $138,910 $286,090
2018 $5,628 $425,000 $138,910 $286,090
2017 $5,539 $425,000 $138,910 $286,090
2013 $3,613 $361,260 $138,910 $222,350
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1604351

Metro Search (Greater Louisville Association of REALTORS®)

APN: 075F00020000