NOT LISTED FOR SALE

2348 Payne St Louisville, KY 40206

Clifton Neighborhood

Estimated Value: $255,000 - $414,000

2 Beds
2 Baths
1,984 Sq Ft
$164/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $251,000 $127 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,146/month

12 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Brick Veneer
  • Barret Traditional Middle School Rated A-
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of October 2022

A rare Frankfort avenue duplex with the feel of home - this property is perfect for an owner occupant. Minutes from food, drinks and the heart of Louisville, location is the last thing you'll want for. Perfectly located off Frankfort avenue, which feeds onto Shelbyville road and the expressway so you can be anywhere in Louisville with ease.

The bottom unit is currently rented for $850, while the 2 bed/1 bath on top was left open. Owner pays Sewer, trash removal, water tenant pays cable, electric and gas.

Last Agent to Sell the Property

Hunter Gann

Weichert Realtors - ABG License #269860 Listed on: 10/05/2022

Weichert Realtors - ABG

Last Buyer's Agent

Brooke Crum

Investment Property Group,Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 7,405

Home Design

  • 1,984 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Brick Veneer

Additional Features

  • Porch
  • Forced Air Heating and Cooling System
  • Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for gas, electric, cable
  • The owner pays for water, trash removal, sewer
  • Legal Lot and Block 0106 / 070G
  • Assessor Parcel Number 070G01060000
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Lot Dimensions: 0
  • Property Sub Type: Duplex
  • Property Type: MultiFamily
  • Garage Yn: No
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 1984.0
  • Architectural Style: Colonial
  • ResoBuildingAreaSource: Appraiser
  • Cooling Central Air: Yes
  • Utilities City Sewer: Yes
  • Owner Pays:Trash Removal: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement YN: Yes

Exterior Features

  • Roof: Other
  • Acres: 0.17
  • Construction Type: Wood Frame, Brk/Ven
  • Exterior Features: Porch
  • FeaturesExteriorPorch: Yes
  • Construction:Frame - Wood2: Yes

Utilities

  • Utilities: City Sewer, City Water
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7535.0
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 070G01060000
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Building Info

  • Year Built: 1937

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Block: 070G
  • Tax Lot: 0106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Oct 31, 2022
Sold by
Dgjr Llc
Bought by
Miller Joanna
Seller's Agent
Hunter Gann
Weichert Realtors - ABG
Buyer's Agent
Brooke Crum
Investment Property Group,Inc.
List Price
$295,000
Sold Price
$251,000
Premium/Discount to List
-$44,000
-14.92%
Views
1
Current Estimated Value
$342,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,235
Avg. Annual Appreciation
9.76%
Original Mortgage
$250,000
Outstanding Balance
$242,747
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$82,747

Purchase Details

Closed on
Mar 5, 2020
Sold by
Dougherty Raine J and Williams Chad
Bought by
Dgjr Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 20, 2016
Closed on
Aug 23, 2016
Sold by
Estate Of Ray Wills Snider
Bought by
Dougherty Raine J
Seller's Agent
Brian Clark
Semonin REALTORS
Buyer's Agent
Logan Ormerod
Kentucky Select Properties
List Price
$189,500
Sold Price
$188,300
Premium/Discount to List
-$1,200
-0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$17,885
Interest Rate
3.42%
Mortgage Type
New Conventional
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
Miller Joanna $251,000 Kentucky Title
Dgjr Llc $205,000 None Available
Dougherty Raine J $188,500 Kentucky Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Joanna $250,000
Previous Owner Dgjr Llc $153,750
Previous Owner Dougherty Raine J $17,885
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $251,000 -14.9% $127 / Sq Ft
09/23/2022 09/23/22 For Sale $295,000 +56.7% $149 / Sq Ft
08/23/2016 08/23/16 Sold $188,300 -0.6% $95 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $189,500 -- $96 / 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 -- $251,000 $35,000 $216,000
2023 $3,368 $251,000 $35,000 $216,000
2022 $3,287 $241,670 $35,000 $206,670
2021 $3,476 $241,670 $35,000 $206,670
2020 $1,572 $188,300 $45,000 $143,300
2019 $2,526 $188,300 $45,000 $143,300
2018 $2,494 $188,300 $45,000 $143,300
2017 $2,454 $188,300 $45,000 $143,300
2013 $1,336 $133,600 $15,000 $118,600
Source: Public Records

Agents Affiliated with this Home

  • Hunter Gann

    Seller's Agent in 2022

    Hunter Gann

    Weichert Realtors - ABG

    (270) 535-9505

    2 in this area

    76 Total Sales

    Section Image

  • B

    Buyer's Agent in 2022

    Brooke Crum

    Investment Property Group,Inc.

  • Brian Clark

    Seller's Agent in 2016

    Brian Clark

    Semonin Realty

    (502) 558-1441

    5 in this area

    116 Total Sales

    Section Image

  • B

    Seller Co-Listing Agent in 2016

    BILL CLARK

    Semonin Realty

    Section Image

  • L

    Buyer's Agent in 2016

    Logan Ormerod

    Kentucky Select Properties

See All Agents

Map

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

MLS Number: 1622784

Metro Search (Greater Louisville Association of REALTORS®)

APN: 070G01060000

Kentucky Jefferson County Louisville 40206 Clifton

2348 Payne St, Louisville, KY

This home is located at 2348 Payne St, Louisville, KY 40206 since 05 October 2022 and is currently estimated at $325,494, approximately $164 per square foot. This property was built in 1937. 2348 Payne St 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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