NOT LISTED FOR SALE

197 Coral Ave Louisville, KY 40206

Clifton Neighborhood

Estimated Value: $336,446 - $374,000

-- Bed
3 Baths
2,052 Sq Ft
$173/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $277,500 $135 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,232/month

1 Day on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating System
  • Barret Traditional Middle School Rated A-
  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to Bingham Park

About This Home

As of June 2021

Unit 1 @ $850/mo, Unit 2 @ $700/mo, Unit 3 @ $700/mo. Total gross income $2,250/mo or 27,000/yr. Fantastic triplex (3 1 bed/1 bath) investment opportunity in Clifton just steps away from Brownsboro Road and Frankfort Avenue. Unit 1 has in unit washer/dryer and unit 3 has hookups. New roof and windows, 2 new water heaters, new stoves + refrigerators and off street parking are just a few of the improvements 197 Coral has to offer. This opportunity to own a freshly rehabbed multifamily property in a highly desirable rental area will not last long!

Last Agent to Sell the Property

Sarah Jenkins

Nahata Realty License #240082 Listed on: 05/28/2021

Last Buyer's Agent

Casey Perkins

Real Estate Go To License #222213

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,563

Year Built

  • Built in 1900

Lot Details

  • 4,792

Home Design

  • 2,052 Sq Ft Home
  • Triplex
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for trash removal, gas, electric, cable
  • The owner pays for water, sewer
  • Legal Lot and Block 0068 / 069D
  • Assessor Parcel Number 069D00680000
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,563

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Cooling System: Wall/Window Unit(s)
  • Lot Dimensions: unknown
  • Property Sub Type: Triplex
  • Property Type: MultiFamily
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 2052.0
  • Architectural Style: Tri-Level
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Roof:Shingle: Yes
  • Utilities City Sewer: Yes
  • Special Features: None

Exterior Features

  • Roof: Metal, Shingle
  • Acres: 0.12
  • Construction Type: Wood Frame, Vinyl Siding
  • Exterior Features: 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: 5075.0
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 069D00680000
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Building Info

  • Year Built: 1900

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Block: 069D
  • Tax Lot: 0068

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Jun 28, 2021
Sold by
Corbin Troy and Jenkins Sarah
Bought by
Welter Casey Ann and Perkins Zachary Caleb
Seller's Agent
Sarah Jenkins
Nahata Realty
Buyer's Agent
Casey Perkins
Real Estate Go To
List Price
$274,900
Sold Price
$277,500
Premium/Discount to List
$2,600
0.95%
Current Estimated Value
$355,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,723
Avg. Annual Appreciation
6.03%
Original Mortgage
$208,125
Outstanding Balance
$190,876
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$162,809

Purchase Details

Listed on
May 28, 2021
Closed on
Jun 25, 2021
Sold by
Ellen Anderson Grace and Ellen Tyler
Bought by
Corbin Troy Gregory and Corbin Sarah Marie
Seller's Agent
Sarah Jenkins
Nahata Realty
Buyer's Agent
Casey Perkins
Real Estate Go To
List Price
$274,900
Sold Price
$277,500
Premium/Discount to List
$2,600
0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,125
Outstanding Balance
$190,876
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$162,809

Purchase Details

Listed on
Aug 21, 2018
Closed on
Oct 9, 2018
Sold by
Kuhns James G and Kuhns Nancy K
Bought by
Anderson Grace Ellen and Corbin Troy
Seller's Agent
Jim Kuhns
American Realty Company Inc.
Buyer's Agent
Sarah Jenkins
Covenant Realty LLC
List Price
$177,900
Sold Price
$170,000
Premium/Discount to List
-$7,900
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.74%
Original Mortgage
$161,600
Interest Rate
4.5%
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
Welter Casey Ann $277,500 Agency Title Inc
Corbin Troy Gregory -- Agency Title
Anderson Grace Ellen $170,000 S & B Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welter Casey Ann $208,125
Previous Owner Anderson Grace Ellen $161,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $277,500 +0.9% $135 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $274,900 +61.7% $134 / Sq Ft
10/09/2018 10/09/18 Sold $170,000 -4.4% $83 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $177,900 -- $87 / 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 $3,563 $277,500 $45,000 $232,500
2023 $3,724 $277,500 $45,000 $232,500
2022 $3,774 $170,000 $45,000 $125,000
2021 $2,464 $170,000 $45,000 $125,000
2020 $2,336 $170,000 $45,000 $125,000
2019 $2,281 $170,000 $45,000 $125,000
2018 $1,639 $123,750 $45,000 $78,750
2017 $1,613 $123,750 $45,000 $78,750
2013 $1,066 $106,620 $15,000 $91,620
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sarah Jenkins

    Nahata Realty

    Section Image
  • Casey Perkins

    Buyer's Agent in 2021

    Casey Perkins

    Real Estate Go To

    (502) 415-3314

    2 in this area

    105 Total Sales

    Section Image

  • J

    Seller's Agent in 2018

    Jim Kuhns

    American Realty Company Inc.

    (502) 893-3905

    8 Total Sales

    Section Image
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Map

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

MLS Number: 1586876

Metro Search (Greater Louisville Association of REALTORS®)

APN: 069D00680000

Kentucky Jefferson County Louisville 40206 Clifton

197 Coral Ave, Louisville, KY

This home is located at 197 Coral Ave, Louisville, KY 40206 since 28 May 2021 and is currently estimated at $355,223, approximately $173 per square foot. This property was built in 1900. 197 Coral Ave is a home located in Jefferson County with nearby schools including Chenoweth Elementary School, Field Elementary School, and St. Matthews Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Metro Search (Greater Louisville Association of REALTORS®) The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Copyright 2025 Metro Search, Inc.

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