NOT LISTED FOR SALE

2803 Rivers Edge Rd Louisville, KY 40222

Estimated Value: $858,000 - $1,034,217

0.34 Acre
$2,806,776 Price per Acre
14,810 Sq Ft Lot

Last Sold July 13, 2020

Last sale price $100,000

Est. 854% increase in value since last sale

Current estimated payment $5,849/month

22 Days on Market

About This Lot

As of July 2020

Fabulous undeveloped lot in Rivers Edge! The views are great next to woods and large parcel of land. The rear of the property overlooks the meadows and a creek. Rivers Edge also has two ponds for fishing people and is a wonderful spot to build and live. Survey available. Driveway encroachment referenced has been corrected. Buildable area is marked. Restrictions online.

Last Agent to Sell the Property

Sandy Gulick

Kentucky Select Properties License #181963 Listed on: 04/28/2020

Kentucky Select Properties

Last Buyer's Agent

Philip Wunderlich

RE/MAX Premier Properties License #220600

RE/MAX Premier Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,251

Lot Details

Community Details

  • Property has a Home Owners Association
  • Rivers Edge Subdivision

Listing and Financial Details

  • Legal Lot and Block 0011 / 2785
  • Assessor Parcel Number 278500110000
  • Seller Concessions Not Offered

Property Details

Property Type

Land

Est. Annual Taxes

$10,251

Lot Details

0

Listing Details

  • Lot Dimensions: 0
  • Property Sub Type: Residential Land
  • Property Type: Land/Lots
  • Subdivision Name: RIVERS EDGE
  • Utilities Electricity Connected: Yes
  • Special Features: None

Exterior Features

  • Acres: 0.34

Utilities

  • Utilities: Electricity Connected, Public Sewer, Gas: Natural, Public Water

Condo/Co-op/Association

  • Association Fee: 1600.0
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 278500110000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 2785
  • Tax Lot: 0011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2023
Sold by
Eldridge Company Llc
Bought by
Patterson Michael and Patterson Jersenia
Current Estimated Value
$954,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,100
Outstanding Balance
$708,779
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$245,525

Purchase Details

Closed on
Mar 28, 2022
Sold by
Patterson and Jersenia
Bought by
Eldridge Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$802,610
Interest Rate
3.63%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 28, 2020
Closed on
Jul 17, 2020
Sold by
Roth Todd L
Bought by
Patterson Michael
Seller's Agent
Sandy Gulick
Kentucky Select Properties
Buyer's Agent
Philip Wunderlich
RE/MAX Premier Properties
List Price
$125,000
Sold Price
$100,000
Premium/Discount to List
-$25,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.05%

Purchase Details

Closed on
Sep 27, 2007
Sold by
Roth James J and Roth Chase C
Bought by
Roth Chase C
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Patterson Michael $900,803 Kentucky Title
Eldridge Company Llc $100,000 Senn Daniel L
Patterson Michael $100,000 None Available
Roth Chase C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Michael $726,100
Previous Owner Eldridge Company Llc $802,610
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2020 07/13/20 Sold $100,000 -20.0% --
05/20/2020 05/20/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $125,000 -- --
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 $10,251 $900,800 $106,000 $794,800
2023 $3,149 $271,920 $100,000 $171,920
2022 $1,162 $100,000 $100,000 $0
2021 $1,264 $100,000 $100,000 $0
2020 $1,354 $117,500 $117,500 $0
2019 $1,326 $117,500 $117,500 $0
2018 $1,305 $117,500 $117,500 $0
2017 $1,233 $117,500 $117,500 $0
2013 $1,175 $117,500 $117,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Sandy Gulick

    Seller's Agent in 2020

    Sandy Gulick

    Kentucky Select Properties

    (502) 592-8664

    7 in this area

    65 Total Sales

    Sandy Gulick
    Section Image

  • P

    Buyer's Agent in 2020

    Philip Wunderlich

    RE/MAX

    (502) 994-6899

    1 in this area

    107 Total Sales

    Philip Wunderlich
    Section Image
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Map

Source: Metro Search, Inc.

MLS Number: 1558137

Metro Search, Inc.

APN: 278500110000

Kentucky Jefferson County Louisville 40222

2803 Rivers Edge Rd, Louisville, KY

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