NOT LISTED FOR SALE

314 Inverness Ave Louisville, KY 40214

Beechmont Neighborhood

Estimated Value: $126,000 - $175,991

3 Beds
1 Bath
1,400 Sq Ft
$114/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $120,000 $86 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $962/month

8 Days on Market

Highlights

  • No HOA
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of March 2021

Attention Investors – Solid Turn-Key Rental Opportunity!! This 3 Bed, 1 Bath Cape Cod with HUGE 2 Car Carport is currently tenant occupied, please do not disturb. $895 incoming rent per month equates to $10,740 per year of potential passive income. May be purchased as a package with other properties (503 Alger Ave, 4038 Woodruff Ave, 1010 Stanley Ave). TONS of work done throughout this home to attract quality tenants...be sure to check out the ''list of upgrades'' on page 6+7 of Sellers Disclosure of Property Condition. New LVP and LVT Flooring throughout the 1st floor, along with fresh carpet on the 2nd floor. Bathroom and Kitchen renovations completed within the past 2 years, along with updated doors and windows on the 1st floor. New A/C Unit installed, plus new electrical outlets and switches throughout. Laundry hookups in unit, plus additional storage in outdoor shed. Nice size yard with concrete pad in rear. Call Listing Agent for additional details.

Last Agent to Sell the Property

Sean Williams

RE/MAX Premier Properties License #214907 Listed on: 01/26/2021

RE/MAX Premier Properties

Last Buyer's Agent

Brandon Vincent

Fathom Realty Ky LLC License #262982

Fathom Realty Ky LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,541

Year Built

  • Built in 1935

Lot Details

  • Chain Link Fence

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Attached Garage
  • 2 Carport Spaces
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Meadows Subdivision

Listing and Financial Details

  • Legal Lot and Block 0085 / 061L
  • Assessor Parcel Number 061L00850000
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,541

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Stories: 2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Subdivision Name: MEADOWS
  • Above Grade Finished Sq Ft: 1400.0
  • Architectural Style: Camelback
  • Reso Other Structures: Outbuilding
  • Utilities Electricity Connected: Yes
  • Dining Room Level: First
  • Full Bathroom Level: First
  • Rooms:Living Room5: Yes
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Bedroom Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • Basement:None6: Yes

Exterior Features

  • Fencing: Chain Link
  • Roof: Shingle
  • Acres: 0.13
  • Construction Type: Vinyl Siding
  • Foundation Details: Crawl Space

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Driveway
  • GarageParking:Attached: Yes
  • Garageparkingdriveway: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Jefferson

Lot Info

  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 061L00850000
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1935

Tax Info

  • Tax Block: 061L
  • Tax Lot: 0085

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Mar 12, 2021
Sold by
Jes Homes Llc
Bought by
Parker Anthony and Parker Danielle
Seller's Agent
Sean Williams
RE/MAX Premier Properties
Buyer's Agent
Brandon Vincent
Fathom Realty Ky LLC
List Price
$134,900
Sold Price
$120,000
Premium/Discount to List
-$14,900
-11.05%
Current Estimated Value
$158,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,998
Avg. Annual Appreciation
6.27%
Original Mortgage
$96,000
Outstanding Balance
$86,057
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$72,941

Purchase Details

Listed on
Jun 7, 2019
Closed on
Jul 25, 2019
Sold by
James Williams Jason and Clair St Edward
Bought by
Jes Homes Llc
Seller's Agent
Marina Sud
IG Bailey & Co.
Buyer's Agent
Sean Williams
Covenant Realty LLC
List Price
$58,000
Sold Price
$54,000
Premium/Discount to List
-$4,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.24%
Original Mortgage
$84,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 7, 2019
Closed on
Jun 19, 2019
Sold by
M & N Homes Llc
Bought by
Ivan Inverness Family Revocable Trust
Seller's Agent
Marina Sud
IG Bailey & Co.
Buyer's Agent
Sean Williams
Covenant Realty LLC
List Price
$58,000
Sold Price
$54,000
Premium/Discount to List
-$4,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2003
Sold by
Keith Deborah Lynn
Bought by
Lamping Jeffrey W and Lamping Carolyn S
Source: Public Records

Range of Values:

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Average Value
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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
Parker Anthony $120,000 Limestone Title
Parker Anthony $120,000 Limestone Title
Jes Homes Llc -- None Available
Ivan Inverness Family Revocable Trust $54,000 Rounsavall Title Group Llc
M & N Homes Llc $46,000 Rounsavall Title Group Llc
Lamping Jeffrey W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Anthony $96,000
Closed Parker Anthony $96,000
Previous Owner Ivan Inverness Family Revocable Trust $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2021 03/12/21 Sold $120,000 -11.0% $86 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $134,900 +149.8% $96 / Sq Ft
06/17/2019 06/17/19 Sold $54,000 -6.9% $38 / Sq Ft View Prior Sale
06/08/2019 06/08/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $58,000 -- $41 / Sq Ft
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 $1,541 $120,000 $18,500 $101,500
2023 $1,610 $120,000 $18,500 $101,500
2022 $1,632 $90,690 $18,500 $72,190
2021 $1,296 $90,690 $18,500 $72,190
2020 $742 $54,000 $14,000 $40,000
2019 $956 $71,260 $14,000 $57,260
2018 $837 $63,190 $14,000 $49,190
2017 $824 $63,190 $14,000 $49,190
2013 $720 $72,020 $14,000 $58,020
Source: Public Records

Agents Affiliated with this Home

  • Sean Williams

    Seller's Agent in 2021

    Sean Williams

    RE/MAX

    (502) 727-9784

    2 in this area

    79 Total Sales

    Sean Williams
    Section Image

  • B

    Buyer's Agent in 2021

    Brandon Vincent

    Fathom Realty Ky LLC

    Section Image

  • M

    Seller's Agent in 2019

    Marina Sud

    IG Bailey & Co.

See All Agents

Map

Source: Metro Search, Inc.

MLS Number: 1578021

Metro Search, Inc.

APN: 061L00850000

Kentucky Jefferson County Louisville 40214 Beechmont

314 Inverness Ave, Louisville, KY

This home is located at 314 Inverness Ave, Louisville, KY 40214 since 26 January 2021 and is currently estimated at $158,998, approximately $113 per square foot. This property was built in 1935. 314 Inverness Ave is a home located in Jefferson County with nearby schools including Hazelwood Elementary School, Mill Creek Elementary School, and Jacob Elementary School.

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.

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