Seller's Agent in 2022
Zachary Pitts
RE/MAX
(502) 759-0050
1 in this area
250 Total Sales
320 E College St Louisville, KY 40203
Smoketown NeighborhoodEstimated Value: $573,000 - $649,853
--
Bed
7
Baths
3,731
Sq Ft
$164/Sq Ft
Est. Value
Highlights
- Deck
- Traditional Architecture
- Balcony
- Barret Traditional Middle School Rated A-
- No HOA
- 4-minute walk to May Hillerich Park
About This Home
As of August 2022This is an extraordinary turn-key investment opportunity for the next lucky owner. Established cash flow, updated throughout, fully furnished, 100% occupied, and continuously increasing demand.
Please note that the 322 E. College lot is also included in the sale for a total land area of over 10,000 square feet!
It's quite a substantial property at 3,701 sq. ft. above and bonus unfinished space below. It's conveniently located in the Jackson-Smoketown area between UL's main campus and downtown. It's been an incredibly appealing housing option for traveling nurses and other Airbnb bookings.
A few of the tenants have liked the arrangement so much that they've lived here for over 7 years! Zoned C-2 and set on an enormous lot, it can be configured a number of different ways. Th possibilities are limitless. It's currently set up with 10 individual fully furnished efficiency units, a large communal kitchen and laundry, and another room which was converted to storage to support the Airbnb business. Extensive renovations and updates throughout make this a low maintenance addition to your portfolio. There are 4 bedrooms and 2 full baths on the top level, 3 bedrooms and 2 full baths on the 2nd level, and another 3 bedrooms, 2 full baths and 1 half bath on the first floor. On-site video surveillance/security system throughout the entire property, inside and out. Off street parking. The current property manager is an absolute rock star.
Last Agent to Sell the Property
RE/MAX Premier Properties License #263016 Listed on: 06/02/2022
Co-Listed By
Michael Tyrikos
RE/MAX Premier Properties
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $6,111
Year Built
- Built in 1870
Lot Details
- 5,663
Home Design
- 3,731 Sq Ft Home
- Traditional Architecture
- Brick Exterior Construction
- Asphalt Roof
Outdoor Features
- Balcony
- Deck
- Outbuilding
- Porch
Additional Features
- Lot Dimensions are 30 x 200
- Forced Air Heating and Cooling System
- Basement
Listing and Financial Details
- The owner pays for water, trash removal, sewer, electric, cable
- Legal Lot and Block 0056 / 030D
- Assessor Parcel Number 030D00560000
- Seller Concessions Not Offered
Community Details
Overview
- No Home Owners Association
- Butchertown Subdivision
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 2, 2022
Closed on
Aug 1, 2022
Sold by
Bhatia and Sandeep
Bought by
320 E College Street Llc
Seller's Agent
Zachary Pitts
RE/MAX Premier Properties
Buyer's Agent
Ryan Brown
RE/MAX Premier Properties
List Price
$550,000
Sold Price
$505,000
Premium/Discount to List
-$45,000
-8.18%
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
$106,427
Avg. Annual Appreciation
3.99%
Original Mortgage
$412,046
Outstanding Balance
$380,560
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$188,855
Purchase Details
Listed on
Feb 3, 2021
Closed on
Mar 23, 2021
Sold by
Stephenson Judy
Bought by
Sharma Sandeep and Bhatia Siksha
Seller's Agent
Clayton Gentile
Kentucky Select Properties
Buyer's Agent
Amber Carter
Seven Fourteen Realty Inc.
List Price
$479,900
Sold Price
$450,000
Premium/Discount to List
-$29,900
-6.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%
Purchase Details
Closed on
Nov 26, 2018
Sold by
Reed John Fitzgerald
Bought by
Stephenson Judy
Purchase Details
Closed on
Jun 10, 2005
Sold by
Penner James Paul
Bought by
Stephenson Judy
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 320 E College Street Llc | $505,000 | None Listed On Document | |
| Sharma Sandeep | $450,000 | Accommodation | |
| Stephenson Judy | -- | None Available | |
| Stephenson Judy | $95,000 | Agency Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 320 E College Street Llc | $412,046 | |
| Previous Owner | Stephenson Judy | $382,082 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2022 08/01/22 | Sold | $505,000 | -8.2% | $135 / Sq Ft |
| 06/18/2022 06/18/22 | Pending | -- | -- | -- |
| 06/02/2022 06/02/22 | For Sale | $550,000 | +22.2% | $147 / Sq Ft |
| 03/23/2021 03/23/21 | Sold | $450,000 | -6.2% | $122 / Sq Ft |
| 02/03/2021 02/03/21 | For Sale | $479,900 | -- | $130 / Sq Ft |
Source: Metro Search (Greater Louisville Association of REALTORS®)
Tax History Compared to Growth
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 | $6,111 | $475,960 | $40,860 | $435,100 |
| 2023 | $6,387 | $475,960 | $40,860 | $435,100 |
| 2022 | $6,120 | $175,410 | $40,860 | $134,550 |
| 2021 | $2,536 | $175,410 | $40,860 | $134,550 |
| 2020 | $2,236 | $162,740 | $27,240 | $135,500 |
| 2019 | $2,183 | $162,740 | $27,240 | $135,500 |
| 2018 | $2,155 | $162,740 | $27,240 | $135,500 |
| 2017 | $2,121 | $162,740 | $27,240 | $135,500 |
| 2013 | $2,052 | $205,240 | $42,000 | $163,240 |
Source: Public Records
Agents Affiliated with this Home
-
Zachary Pitts
-
M
Seller Co-Listing Agent in 2022
Michael Tyrikos
RE/MAX
-
Ryan Brown
R
Buyer's Agent in 2022
Ryan Brown
RE/MAX
(502) 889-0122
1 in this area
62 Total Sales
-
J
Buyer's Agent in 2022
James Brown
Semonin Realty
-
Clayton Gentile
Seller's Agent in 2021
Clayton Gentile
Kentucky Select Properties
(502) 386-6660
1 in this area
119 Total Sales
-
Ann James
Seller Co-Listing Agent in 2021
Ann James
Kentucky Select Properties
(502) 296-8849
1 in this area
66 Total Sales
Map
Source: Metro Search (Greater Louisville Association of REALTORS®)
MLS Number: 1613698
APN: 030D00560000
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.
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.
Nearby Homes
- 925 S Preston St
- 823 S Jackson St
- 822 S Hancock St
- 824 S Hancock St
- 918 S Hancock St
- 534 Lampton St
- 932 S 1st St
- 930 S 1st St
- 936 S 1st St
- 938 S 1st St
- 609 E Caldwell St
- 1012 S Floyd St
- 1014 S Floyd St
- 103 W Kentucky St
- 1033 S Brook St
- 717 Lampton St
- 719 Lampton St
- 1034 S Brook St
- 621 E Kentucky St
- 644 S 2nd St Unit 2
- 324 E College St
- 958 S Preston St
- 808 S Floyd St
- 112 E College St
- 1259 S Preston St
- 308 E Jacob St
- 310 E Jacob St
- 751 S Preston St
- 747 S Preston St
- 745 S Preston St
- 240 E College St
- 238 E College St
- 737 S Preston St
- 316 E Breckinridge St
- 1009 S Floyd St
- 109 S Floyd St
- 320 E Breckinridge St
- 322 E Breckinridge St
- 318 E Breckinridge St
- 217 E Breckinridge St