NOT LISTED FOR SALE

Estimated Value: $263,000 - $315,000

2 Beds
2 Baths
1,440 Sq Ft
1.31 Acres

Last Sold July 28, 2022

Last sale price $230,000 $160 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,737/month

28 Days on Market

Highlights

  • Balcony
  • Forced Air Heating and Cooling System
  • 1 Car Garage
  • Atherton High School Rated A

About This Home

As of July 2022

Opportunity knocks at Park Terrace Condominiums on prestigious Spring Drive in the sought-after park side Highlands location. This 1440 Sq. Ft. unit offers 2 bedrooms, 2 full baths, an eat-in kitchen, dining room and a massive living room. The outdoor covered balcony overlooking Spring Drive can be accessed out sliding doors from either the living room or guest bedroom. This unit is going to need renovation, but the price can't be beat. You are going to love the oak flooring in a unique herringbone laid pattern throughout the living areas. The primary bedroom has a double vanity, a walk-in shower and walk-in closet along with a linen closet. The 2nd bedroom has been used as a library/guest room with built cabinets/shelving and a closet. There is a giant storage closet in the hallway that could be configured any way you like. Park Terrace offers great living with a secure building, party rooms, inground pool, garage (1 car designated with this unit), off Street & Street parking are available. In the lower level there is a common laundry room with 3 sets of washer/dryers and a 6' X 6' storage room. This community is full of fun and interesting owners that enjoy socializing, playing cards, attending movie nights and spending time in the beautiful gardens and pool areas. The monthly maintenance of $569.51 covers basic cable, exterior maintenance (excluding windows), grounds keeping, pool maintenance, snow removal, water, sewer, trash and master insurance. Bring your architect/designer to help you visualize & create your own personal space. Many of the units have opened up the kitchen to the living areas for a more open concept. (There are a few pieces of hardwood missing, however you can always steal a few pieces from the large entry closet at the front entry).

Last Agent to Sell the Property

Michael Mawood

RE/MAX Results License #189931 Listed on: 06/16/2022

Last Buyer's Agent

Ephraim Osborne

Aspire Real Estate Group License #213138

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,953

Year Built

  • Built in 1972

Lot Details

  • 1.31

Parking

  • 1 Car Garage

Home Design

  • 1,440 Sq Ft Home
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System
  • Basement

Community Details

  • Property has a Home Owners Association
  • Park Terrace Subdivision
  • 1-Story Property

Listing and Financial Details

  • Legal Lot and Block 003E / 077M
  • Assessor Parcel Number 077M003E0000
  • Seller Concessions Not Offered

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,953

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Cooling System: Central Air
  • Stories: 1
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Garage Yn: Yes
  • Subdivision Name: PARK TERRACE
  • Above Grade Finished Sq Ft: 1440.0
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Full Bathroom Level: Third
  • Rooms:Living Room5: Yes
  • Cooling Central Air: Yes
  • Architectural Style Ranch: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Unfinished
  • Bedroom Level: Third
  • Dining Area Level: Third
  • Kitchen Level: Third
  • Living Room Level: Third
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 7
  • Stories: 5
  • ResoLivingAreaSource: Other
  • BasementFoundation:Poured Concrete: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Fencing: None
  • Roof: Flat
  • Construction Type: Brick
  • Exterior Features: Balcony
  • Foundation Details: Poured Concrete
  • Construction:Brick3: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: No
  • Parking Features: On Street, Off Street
  • General Property Description:Garage Spaces: 1
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association Fee: 6828.0
  • Association: Yes

Schools

  • Junior High Dist: Jefferson

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel #: 077M003E0000
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1972

Tax Info

  • Tax Block: 077M
  • Tax Lot: 003E

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Jul 28, 2022
Sold by
Heck Stephen L
Bought by
Hawkes Curtis and Bartley Charles David
Seller's Agent
Michael Mawood
RE/MAX Results
Buyer's Agent
Ephraim Osborne
Aspire Real Estate Group
List Price
$259,000
Sold Price
$230,000
Premium/Discount to List
-$29,000
-11.2%
Total Days on Market
28
Current Estimated Value
$280,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,972
Avg. Annual Appreciation
11.20%
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
Hawkes Curtis $230,000 Rounsavall Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $230,000 -8.0% $160 / Sq Ft
06/29/2022 06/29/22 Price Changed $250,000 -3.5% $174 / Sq Ft
06/16/2022 06/16/22 For Sale $259,000 -- $180 / 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 $2,953 $230,000 $0 $230,000
2023 $3,087 $230,000 $0 $230,000
2022 $2,332 $212,000 $0 $212,000
2021 $3,073 $212,000 $0 $212,000
2020 $2,913 $212,000 $0 $212,000
2019 $2,844 $212,000 $0 $212,000
2018 $2,808 $212,000 $0 $212,000
2017 $2,763 $212,000 $0 $212,000
2013 $1,454 $145,400 $0 $145,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1615143

Metro Search (Greater Louisville Association of REALTORS®)

APN: 077M003E0000