NOT LISTED FOR SALE

308 E Jacob St Louisville, KY 40203

Smoketown Neighborhood

Estimated Value: $546,000 - $622,362

-- Bed
3 Baths
3,700 Sq Ft
$158/Sq Ft Est. Value

Last Sold March 07, 2018

Last sale price $375,000 $101 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,610/month

6 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Balcony
  • Barret Traditional Middle School Rated A-
  • No HOA
  • Porch

About This Home

As of March 2018

Don’t miss this incredible investment opportunity! Furnished multi-family in Old Louisville with established cash flow. Conveniently located between University of Louisville’s main campus and the Downtown Business & Medical core. Extensive renovations and updates throughout make this a low maintenance addition to your portfolio. This building features two one bedroom apartments and a large 10 bedroom apartment. All bedrooms are furnished and leased independently.Rents are collected weekly with a 3 month minimum stay. Agents: Please contact listing agent to discuss this unique business model prior to scheduling showings.

Last Agent to Sell the Property

Ann James

Kentucky Select Properties License #211187 Listed on: 12/07/2017

Kentucky Select Properties

Co-Listed By

Clayton Gentile

Kentucky Select Properties License #211303

Last Buyer's Agent

Rachel Richards

Above & Beyond Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,123

Year Built

  • Built in 1870

Lot Details

  • 5,663

Home Design

  • 3,700 Sq Ft Home
  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction

Outdoor Features

  • Balcony
  • Deck
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • The owner pays for water, sewer, electric, cable
  • Legal Lot and Block 0032 / 030b
  • Assessor Parcel Number 030B00320000
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,123

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Cooling System: Other, Wall/Window Unit(s)
  • Lot Dimensions: 0
  • Property Sub Type: Triplex
  • Property Type: MultiFamily
  • Co List Office Mls Id: 408
  • Co List Office Phone: 502-271-5000
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 3700.0
  • Architectural Style: Traditional
  • Utilities Electricity Connected: Yes
  • ExteriorDeck: Yes
  • Utilities City Sewer: Yes
  • Roof:Built-Up: Yes
  • Special Features: None

Exterior Features

  • Roof: Built-Up
  • Acres: 0.13
  • Construction Type: Brick
  • Exterior Features: Balcony, Deck, Porch
  • Construction:Brick3: Yes
  • FeaturesExteriorPorch: Yes

Utilities

  • Utilities: City Sewer, City Water, Electricity Connected
  • Green Building Features: Laundry Facility
  • Cooling Y N: Yes
  • Heating: Other
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 5700.0
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 030B00320000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Water, Sewer, Electric, Cable

Building Info

  • Year Built: 1870

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Block: 030b
  • Tax Lot: 0032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2021
Sold by
Fazzone Properties Ii Llc
Bought by
Simpson Drew
Current Estimated Value
$584,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Outstanding Balance
$73,613
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$356,895

Purchase Details

Closed on
Apr 29, 2019
Sold by
Fazzone Properties Llc
Bought by
Fazzone Properties Ii Llc

Purchase Details

Listed on
Dec 7, 2017
Closed on
Mar 7, 2018
Sold by
Stephenson Judy and Reed John
Bought by
Fazzone Properties Llc
Seller's Agent
Ann James
Kentucky Select Properties
Buyer's Agent
Rachel Richards
Above & Beyond Real Estate, LLC
List Price
$389,000
Sold Price
$375,000
Premium/Discount to List
-$14,000
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.87%
Original Mortgage
$300,000
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2007
Sold by
Louisville Development Co
Bought by
Stephenson Judy
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
Simpson Drew $399,000 Mattingly Ford Ttl Svcs Llc
Fazzone Properties Ii Llc -- None Available
Fazzone Properties Llc $375,000 None Available
Stephenson Judy $77,000 Agency Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Drew $299,250
Previous Owner Fazzone Properties Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2018 03/07/18 Sold $375,000 -3.6% $101 / Sq Ft
12/07/2017 12/07/17 For Sale $389,000 -- $105 / 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 $5,123 $399,000 $25,900 $373,100
2023 $5,355 $399,000 $25,900 $373,100
2022 $5,426 $375,000 $25,900 $349,100
2021 $5,436 $375,000 $25,900 $349,100
2020 $5,153 $375,000 $25,900 $349,100
2019 $5,031 $375,000 $25,900 $349,100
2018 $1,908 $144,080 $25,900 $118,180
2017 $1,878 $144,080 $25,900 $118,180
2013 $1,390 $139,000 $8,000 $131,000
Source: Public Records

Agents Affiliated with this Home

  • Ann James

    Seller's Agent in 2018

    Ann James

    Kentucky Select Properties

    (502) 296-8849

    1 in this area

    66 Total Sales

    Ann James
    Section Image
  • Clayton Gentile

    Seller Co-Listing Agent in 2018

    Clayton Gentile

    Kentucky Select Properties

    (502) 386-6660

    1 in this area

    119 Total Sales

    Clayton Gentile
    Section Image

  • R

    Buyer's Agent in 2018

    Rachel Richards

    Above & Beyond Real Estate, LLC

See All Agents

Map

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

MLS Number: 1491990

Metro Search (Greater Louisville Association of REALTORS®)

APN: 030B00320000

Kentucky Jefferson County Louisville 40203 Smoketown

308 E Jacob St, Louisville, KY

This home is located at 308 E Jacob St, Louisville, KY 40203 since 07 December 2017 and is currently estimated at $584,181, approximately $157 per square foot. This property was built in 1870. 308 E Jacob St is a home located in Jefferson County with nearby schools including Bloom Elementary School, Byck Elementary School, and Atkinson Academy.

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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