NOT LISTED FOR SALE

Estimated Value: $427,502 - $442,000

-- Bed
3 Baths
4,428 Sq Ft
$98/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $350,000 $79 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,661/month

25 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Forced Air Heating and Cooling System
  • No HOA
  • Patio

About This Home

As of September 2023

Attention Investors!! This listing combines the triplex listed MLS # 1640412 and the vacant lot MLS #1640425 for an amazing value at $389,000! This 4400 sq ft triplex is fully rented and ready to add to your portfolio. The building was renovated under the guidance of an architect in the 70's and boasts spacious floor plans. Unit 1 has 1561 sq ft and has been used as a 2/3 bedroom rental with a partially finished basement and a full bath and laundry, plus a bonus room.. Unit 2 has 1616 sq ft, 2 bedrooms and a bonus room that can be used as a walk in closet or an office. Unit 3 offers 1220 sq ft and provides 2 bedrooms with a light and lofty feel due to the open living space, skylights, vaulted ceilings and stained glass. All units have laundry hook ups! Unit 1 has access through the front and rear doors and units 2 & 3 are accessed from an exterior side staircase. Units are separately metered for gas and electric and have separate furnaces, central air and dedicated hot water heaters for each unit. Seller pays water/sewer. The gorgeous original staircase is located in the foyer of unit 1. Hardwood floors and original fireplace mantles add historic charm. The triplex is located on an extra wide lot (64' x 125'). The building lot across the alley is deeded separately, and included as part of this listing, and also listed separately as MLS #1640425.

Last Agent to Sell the Property

Monica Dunlap

Totally About Houses License #282710 Listed on: 07/07/2023

Last Buyer's Agent

Chris Taylor

Joe Cochran Real Estate 2000 License #283219

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,736

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 65 x 125

Home Design

  • 4,428 Sq Ft Home
  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slate Roof

Outdoor Features

  • Patio
  • Porch

Utilities

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

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • Old Louisville Subdivision

Listing and Financial Details

  • Tenant pays for gas, electric, cable
  • The owner pays for water, sewer
  • Legal Lot and Block 0035 / 032H
  • Assessor Parcel Number 032H00350000
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,736

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Lot Dimensions: 65 x 125
  • Property Sub Type: Triplex
  • Property Type: MultiFamily
  • Garage Yn: No
  • Subdivision Name: OLD LOUISVILLE
  • Above Grade Finished Sq Ft: 4399.0
  • Architectural Style: Traditional
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Cooling Central Air: Yes
  • Utilities City Sewer: Yes
  • RoofSlate: Yes
  • Special Features: None

Interior Features

  • Basement YN: Yes

Exterior Features

  • Roof: Slate
  • Acres: 0.19
  • Construction Type: Wood Frame, Brick
  • Exterior Features: Patio, Porch
  • Construction:Brick3: Yes
  • FeaturesExteriorPorch: Yes
  • Construction:Frame - Wood2: Yes

Utilities

  • Utilities: City Sewer, City Water, Electricity Connected, Fuel:Natural
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 8125.0
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 032H00350000
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Building Info

  • Year Built: 1900

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Block: 032H
  • Tax Lot: 0035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Sep 15, 2023
Sold by
Entelechy Homes Llc
Bought by
Delaney Meghan Lucia and Bowling Shane Michael
Seller's Agent
Monica Dunlap
Totally About Houses
Buyer's Agent
Chris Taylor
Joe Cochran Real Estate 2000
List Price
$389,000
Sold Price
$350,000
Premium/Discount to List
-$39,000
-10.03%
Views
310
Current Estimated Value
$434,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,751
Avg. Annual Appreciation
6.94%
Original Mortgage
$343,660
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 2023
Sold by
Entelechy Homes Llc
Bought by
Jambeih Rami and Sandid Tala

Purchase Details

Closed on
Jun 13, 2019
Sold by
Flodstrom John H
Bought by
The John H Flodstrom Trust
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
Delaney Meghan Lucia $350,000 Louisville Title
Jambeih Rami $195,000 None Listed On Document
The John H Flodstrom Trust -- Kentucky Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delaney Meghan Lucia $345,944
Closed Delaney Meghan Lucia $343,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $350,000 -10.0% $79 / Sq Ft
07/07/2023 07/07/23 For Sale $389,000 +29.7% $88 / Sq Ft
10/30/2020 10/30/20 Sold $300,000 -6.2% $68 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $319,900 -- $72 / 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 $3,736 $291,000 $50,000 $241,000
2023 $3,609 $268,960 $50,000 $218,960
2022 $3,536 $260,000 $40,000 $220,000
2021 $3,736 $260,000 $40,000 $220,000
2020 $2,680 $195,000 $40,000 $155,000
2019 $2,616 $195,000 $40,000 $155,000
2018 $2,392 $180,600 $20,000 $160,600
2017 $2,354 $180,600 $20,000 $160,600
2013 $1,450 $145,040 $8,000 $137,040
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1640440

Metro Search (Greater Louisville Association of REALTORS®)

APN: 032H00350000