NOT LISTED FOR SALE

2511 Montgomery St Louisville, KY 40212

Portland Neighborhood

Estimated Value: $111,797 - $162,000

1 Bed
1 Bath
3,423 Sq Ft
$40/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $70,000 $20 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $830/month

14 Days on Market

Highlights

  • No HOA
  • Porch
  • 3-minute walk to Portland Park
  • Greathouse Shryock Traditional Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of January 2018

Triplex investment opportunity in Portland: This vacant triplex is across the street from the community enhancing project at Portland Christian School located at 2500 Montgomery St. This project is spearheaded by Gill Holland and Shine Contracting. There is plumbing and working electrical. The property is vacant and is selling AS IS; property needs improvements throughout, including floor, kitchen and bathroom remodels (utilities are all operational).

Last Agent to Sell the Property

Theresa Carnes

Gant Hill & Associates, LLC Listed on: 10/28/2017

Last Buyer's Agent

Theresa Carnes

Gant Hill & Associates, LLC Listed on: 10/28/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,075

Year Built

  • Built in 1900

Lot Details

  • 5,663

Home Design

  • 3,423 Sq Ft Home
  • Triplex
  • Brick Exterior Construction
  • Shingle Roof

Additional Features

  • Porch
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Portland Subdivision

Listing and Financial Details

  • Tenant pays for gas, electric
  • The owner pays for water, trash removal, sewer
  • Legal Lot and Block 0273 / 005F
  • Assessor Parcel Number 005F02730000
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,075

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Lot Dimensions: 0.14
  • Property Sub Type: Triplex
  • Property Type: MultiFamily
  • Subdivision Name: PORTLAND
  • Above Grade Finished Sq Ft: 3423.0
  • Architectural Style: Select One
  • Utilities Electricity Connected: Yes
  • Roof:Shingle: Yes
  • Utilities City Sewer: Yes
  • Owner Pays:Trash Removal: Yes
  • Special Features: None

Exterior Features

  • Roof: Shingle
  • Acres: 0.14
  • Construction Type: Brick
  • Exterior Features: Porch
  • Construction:Brick3: Yes
  • FeaturesExteriorPorch: Yes

Utilities

  • Utilities: City Sewer, City Water, Electricity Connected, Fuel:Natural
  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6094.0
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 005F02730000
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Building Info

  • Year Built: 1900

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Block: 005F
  • Tax Lot: 0273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2017
Closed on
Jan 31, 2018
Sold by
Moorfield Properties Llc
Bought by
Mulas Joanna
Seller's Agent
Theresa Carnes
Gant Hill & Associates, LLC
Buyer's Agent
Theresa Carnes
Gant Hill & Associates, LLC
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%
Current Estimated Value
$136,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,899
Avg. Annual Appreciation
9.94%
Original Mortgage
$80,677
Outstanding Balance
$69,778
Interest Rate
4.22%
Estimated Equity
$74,231

Purchase Details

Closed on
Nov 16, 2013
Sold by
Saylor Arthur and Saylor Kristen
Bought by
Moorfield Properties Llc
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
Mulas Joanna $70,000 None Available
Moorfield Properties Llc -- Freibert & Mattingly Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mulas Joanna $80,677
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2018 01/31/18 Sold $70,000 -6.7% $20 / Sq Ft
11/11/2017 11/11/17 Pending -- -- --
10/28/2017 10/28/17 For Sale $75,000 -- $22 / 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 $1,075 $83,700 $5,000 $78,700
2023 $1,123 $83,700 $5,000 $78,700
2022 $952 $70,000 $2,500 $67,500
2021 $1,015 $70,000 $2,500 $67,500
2020 $962 $70,000 $2,500 $67,500
2019 $939 $70,000 $2,500 $67,500
2018 $846 $63,890 $2,500 $61,390
2017 $833 $63,890 $2,500 $61,390
2013 $639 $63,890 $2,500 $61,390
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Theresa Carnes

    Gant Hill & Associates, LLC

See All Agents

Map

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

MLS Number: 1489562

Metro Search (Greater Louisville Association of REALTORS®)

APN: 005F02730000

Kentucky Jefferson County Louisville 40212 Portland

2511 Montgomery St, Louisville, KY

This home is located at 2511 Montgomery St, Louisville, KY 40212 since 28 October 2017 and is currently estimated at $136,899, approximately $39 per square foot. This property was built in 1900. 2511 Montgomery St is a home located in Jefferson County with nearby schools including Middletown Elementary School, Greathouse Shryock Traditional Elementary School, and Bowen 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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