NOT LISTED FOR SALE

3401 Peleske Dr Louisville, KY 40216

Estimated Value: $211,000 - $252,000

3 Beds
2 Baths
2,025 Sq Ft
$112/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $112,000 $55 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,379/month

23 Days on Market

Highlights

  • Ranch Style House
  • Brick Veneer
  • Forced Air Heating System
  • Wood Flooring
  • Cooling Available
  • Garage

About This Home

As of October 2021

This home is a flip, not a flop. A rare starter home that is a ranch on a basement. A house flipper or real estate investor's dream. Buy and hold or fix and flip. Either way, potential profit to be made. This home is priced to sell immediately. The home sits on a corner lot and has a nice-sized yard. This home does need some work and may not qualify for certain loan programs. Don't let this opportunity pass.

Last Agent to Sell the Property

Daniel David

EXP Realty, LLC License #218644 Listed on: 08/09/2021

EXP Realty, LLC

Last Buyer's Agent

GLAR Non-Member

GLAR Office - non member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,785

Year Built

  • Built in 1959

Lot Details

  • 9,936 Sq Ft Lot

Home Design

  • Ranch Style House
  • Brick Veneer
  • Block Foundation

Interior Spaces

  • Partially Finished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Carport

Schools

  • Gutermuth Elementary School
  • Olmstead Academy N Middle School
  • Not Applicable Middle School
  • Western High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Combination Of Heating Systems
  • Heating System Uses Natural Gas

Community Details

  • Lynn Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,785

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1959
  • Above Grade Finished Sq Ft: 1215.0
  • Levels: One
  • New Construction: No
  • ResoPropertyType: Residential
  • Location Tax Legal Info:Elementary School: Gutermuth
  • Location Tax Legal Info:Middle or Junior School: Olmstead Academy N
  • Location Tax Legal Info:High School: Western
  • Location Tax Legal Info:Intermediate School: Not Applicable
  • Contract Info:On Market Date: 2021-08-09
  • General Property Description:Lot Size Acres: 0.2281
  • General Property Description:Above Grade Finished Area: 1215.0
  • General Property Description:Below Grade Unfinished Area: 195.0
  • Structure Type:House: Yes
  • Basement: Yes
  • Flooring:Hardwood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Architectural Style:Ranch: Yes
  • Stories:One: Yes
  • Foundation Details:Block3: Yes
  • Flooring:Vinyl: Yes
  • General Property Description:Below Grade Finished Area: 610.0
  • General Property Description:Finished Area Total: 2025.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Vinyl
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Partially Finished, Concrete, Interior Entry
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 610.0
  • LivingArea: 2025.0
  • Lot Size Area: 0.23
  • Basement:Concrete: Yes
  • Basement:Partially Finished: Yes
  • Basement:Interior Entry: Yes

Exterior Features

  • Construction Materials: Brick Veneer
  • List Price: 125000.0
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Carport: Yes
  • Garage: Yes
  • Garage Features:Garage YN: Yes
  • Carport Features:Carport YN: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Combination
  • Cooling: Yes
  • Heating: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes

Schools

  • Elementary School: Gutermuth
  • High School: Western
  • Middle or Junior School: Olmstead Academy N

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 9936.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2023
Sold by
Adkins & Adkins Llc
Bought by
Maddox Christina Viola
Current Estimated Value
$224,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,649
Outstanding Balance
$179,091
Interest Rate
7.19%
Mortgage Type
FHA
Estimated Equity
$45,979

Purchase Details

Listed on
Aug 9, 2021
Closed on
Oct 8, 2021
Sold by
Johnston Raymond and Johnston Shavonne
Bought by
Adkins & Adkins Llc
Seller's Agent
Daniel David
EXP Realty, LLC
Buyer's Agent
GLAR Non-Member
GLAR Office - non member
List Price
$140,000
Sold Price
$112,000
Premium/Discount to List
-$28,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.93%
Original Mortgage
$144,710
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2008
Sold by
Kitchen Eugene Edison and Kitchen Louise
Bought by
Johnston Raymond and Johnston Shavonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,432
Interest Rate
6.49%
Mortgage Type
FHA
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
Maddox Christina Viola $185,000 Home Closings
Adkins & Adkins Llc $120,000 Turn Key Title & Escrow Llc
Johnston Raymond $123,400 Kentucky Title Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maddox Christina Viola $181,649
Previous Owner Adkins & Adkins Llc $296,000
Previous Owner Adkins & Adkins Llc $144,710
Previous Owner Johnston Raymond $122,432
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $112,000 -20.0% $55 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $140,000 -- $69 / Sq Ft
Source: ImagineMLS (Bluegrass 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 $1,785 $185,000 $15,000 $170,000
2023 $1,198 $120,000 $15,000 $105,000
2022 $1,202 $132,020 $15,000 $117,020
2021 $1,445 $132,020 $15,000 $117,020
2020 $1,329 $132,020 $15,000 $117,020
2019 $1,299 $132,020 $15,000 $117,020
2018 $320 $94,320 $20,000 $74,320
2017 $896 $94,320 $20,000 $74,320
2013 $1,133 $113,300 $22,440 $90,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20116332

ImagineMLS (Bluegrass REALTORS®)

APN: 121801790000