NOT LISTED FOR SALE

Estimated Value: $265,000 - $286,000

2 Beds
2 Baths
1,836 Sq Ft
$152/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $250,000 $136 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,790/month

15 Days on Market

Highlights

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

About This Home

As of December 2022

Welcome to the lovely 305 E Kentucky Street! Your next house hack or short-term rental. Conveniently located between Old Lou, NULU and the Highlands this property is in arms reach of the best restaurants, bars, shopping, arts and event spaces in the city, a key part of Louisville's vibrant and appealing, work play and live nature. This fully renovated, turn-key brick duplex is the perfect fit for an owner occupant looking to offset their mortgage with rental income, buy and hold investor or STR investor. Zoned OR2 the property can easily be registered for AirBNB/VRBO listing to generate handsome profits. The 2nd floor unit is currently at $925.00 per mo. Unit 1 has been kept vacant for showing and flexibility in use for the new owner.

Last Agent to Sell the Property

Samuel Higdon

EXP Realty LLC License #266524 Listed on: 12/19/2022

EXP Realty LLC

Last Buyer's Agent

Jessica Yu

Keller Williams Louisville East License #217738

Keller Williams Louisville East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,210

Year Built

  • Built in 1900

Lot Details

  • 3,049

Home Design

  • 1,836 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Block Exterior
  • Stone Siding

Additional Features

  • Porch
  • Lot Dimensions are 32.5 x 95
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for gas, electric, cable
  • The owner pays for water, sewer
  • Legal Lot and Block 0039 / 030F
  • Assessor Parcel Number 030F00390000
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,210

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Lot Dimensions: 32.5 X 95
  • Property Sub Type: Duplex
  • Property Type: MultiFamily
  • Garage Yn: No
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 1836.0
  • Architectural Style: Other
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Utilities City Sewer: Yes
  • Special Features: None

Interior Features

  • Basement YN: No

Exterior Features

  • Roof: Shingle
  • Acres: 0.07
  • Construction Type: Block, Brick, Stone
  • Exterior Features: Porch
  • Construction:Brick3: Yes
  • FeaturesExteriorPorch: Yes
  • Construction:Stone3: Yes

Utilities

  • Utilities: City Sewer, City Water, Electricity Connected
  • 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: 3087.5
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 030F00390000
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Building Info

  • Year Built: 1900

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Block: 030F
  • Tax Lot: 0039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2022
Closed on
Dec 16, 2022
Sold by
Charles A Miller Family Revocable Trust
Bought by
Patagundi Sagar I
Seller's Agent
Samuel Higdon
EXP Realty LLC
Buyer's Agent
Jessica Yu
Keller Williams Louisville East
List Price
$269,900
Sold Price
$250,000
Premium/Discount to List
-$19,900
-7.37%
Current Estimated Value
$279,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,768
Avg. Annual Appreciation
2.21%
Original Mortgage
$212,500
Outstanding Balance
$207,169
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$58,144

Purchase Details

Closed on
Mar 22, 2021
Sold by
Factor Five M Llc
Bought by
Miller Charles A and Charles A Miller Family Revoca
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
Patagundi Sagar I $250,000 --
Miller Charles A $79,943 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patagundi Sagar I $212,500
Previous Owner Charles A Miller Family Revoca $30,000
Previous Owner Miller Charles A $86,600
Previous Owner Miller Charles A $87,401
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $250,000 -7.4% $136 / Sq Ft
10/24/2022 10/24/22 For Sale $269,900 -- $147 / 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 $3,210 $250,000 $16,000 $234,000
2023 $3,355 $250,000 $16,000 $234,000
2022 $1,087 $76,680 $16,000 $60,680
2021 $1,094 $76,680 $16,000 $60,680
2020 $587 $42,740 $14,000 $28,740
2019 $573 $42,740 $14,000 $28,740
2018 $566 $42,740 $14,000 $28,740
2017 $557 $42,740 $14,000 $28,740
2013 $800 $80,000 $8,000 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1624759

Metro Search (Greater Louisville Association of REALTORS®)

APN: 030F00390000