NOT LISTED FOR SALE

2816 Rivers Edge Rd Louisville, KY 40222

Estimated Value: $1,062,000 - $1,582,535

3 Beds
4.5 Baths
6,084 Sq Ft
$230/Sq Ft Est. Value

Last Sold May 22, 2019

Last sale price $1,259,073 $207 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,857/month

3 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Porch
  • Norton Elementary School Rated A-
  • 4 Fireplaces
  • 2 Car Attached Garage

About This Home

As of May 2019

One of a kind 21 year old custom built brick home on a double lot! Very open great room plan! Stunning OHIO River views. Eight minutes to downtown! Beautiful landscaping, limestone walls and circular driveway. Four gas fireplaces. On the main floor, a huge, open kitchen (recently updated with all new appliances) and an additional fully equipped catering kitchen! The den on the first floor could easily be adapted to a bedroom with a full bath. Living and dining room give a tremendous river view. On the second floor, the master bedroom and bath suite afford a stunning Ohio River view that runs the entire width of the house. The closets in this house defy one's imagination! The large lower level has a wonderful family room, fireplace, wet bar, two non-conforming bedrooms and a full bath...with enormous storage! Outside, enjoy the outdoor terrace with the retractable awning, screened gazebo, and a half-bath that will "wow" your company and help you "unwind"! There is even space for pool equipment hidden under the west side of the terrace should an owner wish to build a swimming pool. Enjoy the wonderful community of Rivers Edge which maintains two ponds and sweeping lawns for $400 per quarter! Front hall chandelier is motorized and moves up and down for easy cleaning. Sellers have investigated putting in an elevator which goes to all three floors... (Estimated cost $60,000) Chandeliers in dining area and breakfast room area, front door knocker and washer dryer do not remain. LG&E Average $250 and Louisville Water Average $138 a month. Current owner pays $375 per year for flood insurance.

Last Agent to Sell the Property

Joanne Owen

Kentucky Select Properties License #181860 Listed on: 04/19/2019

Kentucky Select Properties

Last Buyer's Agent

Katie Beaver Pehlke

Weichert Realtors - ABG

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,292

Year Built

  • Built in 1998

Lot Details

  • 0.32

Parking

  • 2 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Driveway

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • 4 Fireplaces
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • Rivers Edge Subdivision

Listing and Financial Details

  • Legal Lot and Block 0002 / 2785
  • Assessor Parcel Number 278500020000
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,292

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Cooling System: Central Air
  • Stories: 2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: Yes
  • Subdivision Name: RIVERS EDGE
  • Above Grade Finished Sq Ft: 4387.0
  • Architectural Style: Traditional
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electricity Connected: Yes
  • Full Bathroom Level: First
  • Half Bathroom Level: First
  • Primary Bathroom Level: Second
  • Primary Bedroom Level: Second
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Rooms:Sitting Room: Yes
  • Architectural Style Traditional: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished
  • Fireplaces Basement: 1
  • Fireplaces Level 1: 2
  • Fireplaces Level 2: 1
  • Bedroom Level: Second
  • Breakfast Room Level: First
  • Dining Area Level: First
  • Family Room Level: Basement
  • Game Room Level: Basement
  • Great Room Level: First
  • Kitchen Level: First
  • Office Level: Second
  • Sitting Room Level: Second
  • Study Level: First
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1590.0
  • Fireplaces: 4
  • Total Bedrooms: 17
  • ResoLivingAreaSource: Appraiser
  • Other Rooms:Family Room2: Yes
  • BasementFoundation:Poured Concrete: Yes
  • Other Rooms:Dining Area: Yes
  • Basement:Partially Finished: Yes
  • Other Rooms:Office: Yes
  • Other Rooms:Breakfast Room: Yes
  • Other Rooms:Study: Yes

Exterior Features

  • Fencing: None
  • Roof: Shingle
  • Acres: 0.32
  • Construction Type: Brick Veneer
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Deck, Patio, Porch
  • Patio And Porch Features:Deck2: Yes
  • Patio and Porch Features:Porch2: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Off Street, Attached, Entry Side, Driveway
  • General Property Description:Garage Spaces: 2
  • GarageParking:Attached: Yes
  • Garageparkingdriveway: Yes
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Utilities: Electricity Connected, Fuel:Natural
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1600.0
  • Association: Yes

Schools

  • Junior High Dist: Jefferson

Lot Info

  • Lot Size Sq Ft: 13939.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 278500020000
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1998

Tax Info

  • Tax Block: 2785
  • Tax Lot: 0002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2024
Sold by
Scheid Michael R and Scheid Sherrill
Bought by
Scheid Family Living Trust and Scheid
Current Estimated Value
$1,400,134

Purchase Details

Listed on
Apr 19, 2019
Closed on
May 22, 2019
Sold by
Rummel Richard M and Rummel Mason B
Bought by
Scheid Michael R and Scheid Sherril
Seller's Agent
Joanne Owen
Kentucky Select Properties
Buyer's Agent
Katie Beaver Pehlke
Weichert Realtors - ABG
List Price
$1,280,000
Sold Price
$1,259,074
Premium/Discount to List
-$20,926
-1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.26%
Original Mortgage
$259,073
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 11, 2014
Closed on
Oct 1, 2014
Sold by
Yacoub Oraib and Yacoub Mazen
Bought by
Rummel Richard M and Rummel Mason B
Seller's Agent
Joanne Owen
Kentucky Select Properties
Buyer's Agent
Joanne Owen
Kentucky Select Properties
List Price
$950,000
Sold Price
$905,000
Premium/Discount to List
-$45,000
-4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$417,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2010
Sold by
Yacoub Oraib A
Bought by
Yacoub Mazen and Mostofi Maha

Purchase Details

Closed on
Jan 4, 2007
Sold by
Yacoub Yacoub E and Yacoub Oraib A
Bought by
Jury David
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Scheid Family Living Trust -- None Listed On Document
Scheid Michael R $1,259,073 None Available
Rummel Richard M $905,000 None Available
Yacoub Mazen -- None Available
Jury David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scheid Michael R $259,073
Previous Owner Rummel Mason B $55,000
Previous Owner Rummel Mason B $75,000
Previous Owner Rummel Richard M $417,000
Previous Owner Rummel Richard M $233,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2019 05/22/19 Sold $1,259,074 -1.6% $207 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $1,280,000 +41.4% $210 / Sq Ft
10/01/2014 10/01/14 Sold $905,000 -4.7% $150 / Sq Ft
08/29/2014 08/29/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $950,000 -- $158 / 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 $14,292 $1,255,890 $331,250 $924,640
2023 $14,543 $1,255,890 $331,250 $924,640
2022 $14,593 $1,259,070 $142,000 $1,117,070
2021 $15,800 $1,259,070 $142,000 $1,117,070
2020 $14,504 $1,259,070 $142,000 $1,117,070
2019 $10,406 $921,890 $142,000 $779,890
2018 $10,238 $921,890 $142,000 $779,890
2017 $9,675 $921,890 $142,000 $779,890
2013 $7,067 $706,670 $100,000 $606,670
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

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

MLS Number: 1529810

Metro Search (Greater Louisville Association of REALTORS®)

APN: 278500020000