Seller's Agent in 2017
Joanne Owen
Kentucky Select Properties
(502) 648-5330
1 in this area
132 Total Sales
2811 Rainbow Dr Louisville, KY 40206
Cherokee Gardens NeighborhoodEstimated Value: $1,502,000 - $2,305,000
5
Beds
6.5
Baths
7,114
Sq Ft
$274/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Traditional Architecture
- Balcony
- Barret Traditional Middle School Rated A-
- 6 Fireplaces
- Porch
About This Home
As of February 2017This spectacular and classic 68-year-old Stratton Hammon designed house is ready for its 4th owner after 30 some years in the ownership of Judge and Mrs. Henry Meigs! It has been featured on the 2003 Filson Club Tour and in the book Kentucky Homes of Stratton Hammon. Flemish bond brick work, large windows often extending to the floor, bay windows in the living room and library make the house very light and bright, not to mention allowing beautiful views of Rainbow and Fairfield Drive. Classical detailing everywhere! It will be a wonderful opportunity for the new owner to customize a grand kitchen/family room, perhaps absorbing the original two car garage area. The Meigs added a first floor master bedroom suite which flows out into the pool area, which they also added. The Gunite pool built in 2006 is 3 feet to 5 feet deep. The 9/10 of an acre flat lawn is very private and lush with mature trees. There is a whole house generator and a storage shed. Seller has not lived in property but is willing to share the recent home inspection. LG&E monthly average $619.70. Lou Water Co. 2 month average $324.97. HOA approximately $180 for snow removal. No sign on property.
Last Agent to Sell the Property
Kentucky Select Properties License #181860 Listed on: 11/18/2016
Last Buyer's Agent
Cara King
RE/MAX opia
Home Details
Home Type
- Single Family
Year Built
- Built in 1948
Lot Details
- Chain Link Fence
Parking
- 2 Car Attached Garage
- Side or Rear Entrance to Parking
- Driveway
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Poured Concrete
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- 6 Fireplaces
- Basement
Bedrooms and Bathrooms
- 5 Bedrooms
Outdoor Features
- In Ground Pool
- Balcony
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- Property has a Home Owners Association
- Cherokee Gardens Subdivision
Listing and Financial Details
- Legal Lot and Block 0023 / 074f
- Assessor Parcel Number 074F00230000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2016
Closed on
Feb 14, 2017
Sold by
Averell William H and Averell Ashley R
Bought by
Reibel Jeffrey T and Reibel Nigale
Seller's Agent
Joanne Owen
Kentucky Select Properties
Buyer's Agent
Cara King
RE/MAX opia
List Price
$990,000
Sold Price
$915,000
Premium/Discount to List
-$75,000
-7.58%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,033,175
Avg. Annual Appreciation
8.61%
Original Mortgage
$732,000
Outstanding Balance
$597,307
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,350,868
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reibel Jeffrey T | $915,000 | Millennium Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reibel Jeffrey T | $732,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/14/2017 02/14/17 | Sold | $915,000 | -7.6% | $129 / Sq Ft |
| 12/02/2016 12/02/16 | Pending | -- | -- | -- |
| 11/18/2016 11/18/16 | For Sale | $990,000 | -- | $139 / Sq Ft |
Source: Metro Search, Inc.
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 |
|---|---|---|---|---|
| 2025 | $20,579 | $1,633,240 | $219,300 | $1,413,940 |
| 2024 | $20,971 | $1,633,240 | $219,300 | $1,413,940 |
| 2023 | $18,187 | $1,355,230 | $200,000 | $1,155,230 |
| 2022 | $18,431 | $1,355,230 | $200,000 | $1,155,230 |
| 2021 | $19,521 | $1,355,230 | $200,000 | $1,155,230 |
| 2020 | $15,301 | $1,113,560 | $200,000 | $913,560 |
| 2019 | $14,938 | $1,113,560 | $200,000 | $913,560 |
| 2018 | $14,747 | $1,113,560 | $200,000 | $913,560 |
| 2017 | $12,332 | $946,220 | $200,000 | $746,220 |
| 2013 | $9,101 | $910,050 | $100,000 | $810,050 |
Source: Public Records
Agents Affiliated with this Home
-
Joanne Owen
-
C
Buyer's Agent in 2017
Cara King
RE/MAX opia
Map
Source: Metro Search, Inc.
MLS Number: 1462845
APN: 074F00230000
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Based on information submitted to the MLS GRID
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