NOT LISTED FOR SALE

1616 Ellwood Ave Louisville, KY 40204

Tyler Park Neighborhood

Estimated Value: $317,000 - $412,000

2 Beds
2 Baths
1,962 Sq Ft
$184/Sq Ft Est. Value

Last Sold August 25, 2022

Last sale price $275,000 $140 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,192/month

9 Days on Market

Highlights

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

About This Home

As of August 2022

Investor opportunity in the historic Original Highlands neighborhood. Built in 1900, this duplex has been upgraded over the years – such as vinyl siding, replacement windows, hot water heaters, and central air conditioning. Unit 1 on the first floor has two bedrooms, living room, eat-in kitchen, utility room with washer/dryer hook ups, and full bath with shower. Unit 2 on the second floor has one bedroom, a large walk-in closet, sitting area off the stairs, living room, eat-in kitchen, and full bath with shower. Both units have separate front and back door entrances. Tenants have access to a fenced back yard with 3 parking spaces at the rear. Unit 1 tenant has been renting for 16 years and Unit 2 tenant has been renting for 3.5 years. The duplex The duplex is within walking distance of Bardstown Road restaurants and shops with easy access to public transportation. The open shelving over the range in the kitchen on the second floor does not stay. The home is in need of cosmetic updates and is priced accordingly. Due to tenants' schedules, all showings will be in an Open House format every TUESDAY, 4-6 pm.

Last Agent to Sell the Property

Gale Cox

RE/MAX Real Estate Champions License #220928 Listed on: 07/06/2022

RE/MAX Real Estate Champions

Last Buyer's Agent

Bryce Cariel

Caperton Realty License #267734

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 30' x 188'

Home Design

  • 1,962 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding

Outdoor Features

  • Deck
  • Porch

Utilities

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

Additional Features

  • Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 0034 / 075A
  • Assessor Parcel Number 075A00340000
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Lot Dimensions: 30' X 188'
  • Property Sub Type: Duplex
  • Property Type: MultiFamily
  • Garage Yn: No
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 1962.0
  • Architectural Style: Traditional
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • ExteriorDeck: Yes
  • Utilities City Sewer: Yes
  • Special Features: None

Interior Features

  • Basement YN: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.13
  • Construction Type: Wood Frame, Vinyl Siding
  • Exterior Features: Deck, Porch
  • FeaturesExteriorPorch: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • General Property Description:_pound_ Parking Spaces: 3.0

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: 5876.24
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 075A00340000
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Year Built: 1900

Tax Info

  • Tax Block: 075A
  • Tax Lot: 0034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 25, 2022
Sold by
Ray Harris Kenneth and Ray Louise Kathryn
Bought by
Parker Bradley A
Seller's Agent
Gale Cox
RE/MAX Real Estate Champions
Buyer's Agent
Bryce Cariel
Caperton Realty
List Price
$300,000
Sold Price
$275,000
Premium/Discount to List
-$25,000
-8.33%
Current Estimated Value
$361,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,918
Avg. Annual Appreciation
8.71%
Original Mortgage
$270,019
Outstanding Balance
$258,500
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$103,418
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
Parker Bradley A $275,000 Momentum Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Bradley A $270,019
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2022 08/25/22 Sold $275,000 -8.3% $140 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $300,000 -- $153 / 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 $3,531 $275,000 $52,000 $223,000
2023 $3,691 $275,000 $52,000 $223,000
2022 $3,501 $257,400 $52,000 $205,400
2021 $3,739 $257,400 $52,000 $205,400
2020 $3,739 $272,100 $50,000 $222,100
2019 $3,650 $272,100 $50,000 $222,100
2018 $3,603 $272,100 $50,000 $222,100
2017 $3,546 $272,100 $50,000 $222,100
2013 $1,607 $160,680 $26,500 $134,180
Source: Public Records

Agents Affiliated with this Home

  • Gale Cox

    Seller's Agent in 2022

    Gale Cox

    RE/MAX

    (502) 296-0085

    1 in this area

    48 Total Sales

    Gale Cox
    Section Image
  • Bryce Cariel

    Buyer's Agent in 2022

    Bryce Cariel

    Caperton Realty

    (502) 836-3035

    1 in this area

    123 Total Sales

    Bryce Cariel
    Section Image
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Map

Source: Metro Search, Inc.

MLS Number: 1616809

Metro Search, Inc.

APN: 075A00340000

Kentucky Jefferson County Louisville 40204 Tyler Park

1616 Ellwood Ave, Louisville, KY

Not Listed for Sale

MultiFamily

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