NOT LISTED FOR SALE

225 Old Spring Dr Shelbyville, KY 40065

Estimated Value: $394,000 - $538,000

5 Beds
2.5 Baths
3,495 Sq Ft
$134/Sq Ft Est. Value

Last Sold May 18, 2016

Last sale price $295,000 $84 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,861/month

34 Days on Market

Highlights

  • Deck
  • 3 Fireplaces
  • Porch
  • Traditional Architecture
  • No HOA
  • 2 Car Attached Garage

About This Home

As of May 2016

24 HR FIRST RIGHT on property. FIOutstanding! Charm and character! Enter the covered front porch into the formal LR with fireplace. Arched doorway leads into DR with chair railing. Large kitchen and hearth room has fireplace with beautiful beamed ceiling. Warm family room has bay window, built in bookshelves & fireplace. Tiled mud room. Hardwood floors, moldings & plantation shutters throughout the first floor. 2nd floor/ large master with bay window, moldings, walk-in closet and private bath. 3 additional bedrooms and bathroom. Finished walkout basement has family room & 2 additional bedrooms, walk in cedar closet & unfinished storage space. 2 car garage /attic storage space. Underground dog fence, beautiful park like yard that backs up to tree nursery. Great neighborhood, walk t the park.

Last Agent to Sell the Property

Melody Malone

RE/MAX Associates of Louisville Listed on: 02/19/2016

Last Buyer's Agent

Douglas Bates

Torrey Smith Realty Co., LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,622

Year Built

  • Built in 1987

Lot Details

  • 0.8

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • 3 Fireplaces
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Spring Oaks Subdivision

Listing and Financial Details

  • Tax Lot 15

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,622

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Cooling System: Central Air, Heat Pump
  • Stories: 2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: Yes
  • Subdivision Name: SPRING OAKS
  • Above Grade Finished Sq Ft: 2720.0
  • Architectural Style: Traditional
  • Dining Room Level: First
  • Full Bathroom Level: Second
  • Half Bathroom Level: First
  • Rooms:Living Room5: Yes
  • Primary Bedroom Level: Second
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Architectural Style Traditional: Yes
  • Special Features: None

Interior Features

  • Basement: Walkout Finished
  • Fireplaces Level 1: 3
  • Bedroom Level: Second
  • Family Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Other Level: Basement
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 775.0
  • Fireplaces: 3
  • Total Bedrooms: 15
  • Other Rooms:Family Room2: Yes
  • BasementFoundation:Poured Concrete: Yes

Exterior Features

  • Fencing: None
  • Roof: Shingle
  • Acres: 0.8
  • Construction Type: Brick
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Deck, Patio, Porch
  • Construction:Brick3: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio and Porch Features:Porch2: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached
  • General Property Description:Garage Spaces: 2
  • GarageParking:Attached: Yes

Utilities

  • Cooling Y N: Yes
  • Heating: Heat Pump
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 34848.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 000000
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1987

Tax Info

  • Tax Block: 0
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2016
Closed on
May 18, 2016
Sold by
Malone Victor E and Malone Kimberly H
Bought by
Ellis Justin and Ellis Susan A
Seller's Agent
Melody Malone
RE/MAX Associates of Louisville
Buyer's Agent
Douglas Bates
Torrey Smith Realty Co., LLC
List Price
$310,000
Sold Price
$295,000
Premium/Discount to List
-$15,000
-4.84%
Current Estimated Value
$469,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,636
Avg. Annual Appreciation
4.91%
Original Mortgage
$236,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2005
Sold by
Lancaster Victor Allen and Lancaster Beth Ann
Bought by
Malone Victor E and Malone Kimberly H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.86%
Mortgage Type
Credit Line Revolving
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
Ellis Justin $302,000 Jett Title
Malone Victor E $292,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Justin $215,959
Closed Ellis Justin $236,000
Previous Owner Malone Victor E $60,000
Previous Owner Malone Victor E $232,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2016 05/18/16 Sold $295,000 -4.8% $84 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $310,000 -- $89 / 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 $3,622 $315,000 $0 $0
2023 $3,672 $315,000 $0 $0
2022 $3,688 $315,000 $0 $0
2021 $3,782 $315,000 $0 $0
2020 $3,638 $302,000 $0 $0
2019 $3,638 $302,000 $25,000 $277,000
2018 $3,596 $302,000 $25,000 $277,000
2017 $3,602 $302,000 $0 $0
2016 $3,460 $292,500 $0 $0
2015 $3,411 $292,500 $25,000 $267,500
2014 $3,411 $292,500 $25,000 $267,500
2013 $3,411 $292,500 $25,000 $267,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1439984

Metro Search (Greater Louisville Association of REALTORS®)

APN: S8-06-015