NOT LISTED FOR SALE

500 E Ormsby Ave Louisville, KY 40203

Shelby Park Neighborhood

Estimated Value: $288,000 - $324,000

2 Beds
1 Bath
2,240 Sq Ft
$137/Sq Ft Est. Value

Last Sold May 06, 2020

Last sale price $228,359 $102 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,939/month

49 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Meyzeek Middle School Rated A-

About This Home

As of May 2020

Great income-producing DUPLEX in Shelby Park. This renovated duplex offers TWO 4 bedroom 1 bathroom units each on its own floor. (Separate meters) Total current monthly rent is $2280. Renovated in 2018, newer plumbing, heating and air, electric, windows, siding, luxury vinyl floors. Leased through November 2020. Two car garage and off street parking.

Last Agent to Sell the Property

Laurie Huelsman

Real Estate Unlimited License #202831 Listed on: 02/01/2020

Real Estate Unlimited

Last Buyer's Agent

Tim Stephens

Semonin Realtors License #208539

Semonin Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Home Design

  • 2,240 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for sewer, water
  • Legal Lot and Block 0087 / 023D
  • Assessor Parcel Number 023D00870000
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Lot Dimensions: 0
  • Property Sub Type: Duplex
  • Property Type: Multi Family
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 2240.0
  • Architectural Style: Traditional
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Lot Description:Corner Lot2: Yes
  • Architectural Style Traditional: Yes
  • Water and Sewer:City Sewer: Yes
  • Special Features: None

Exterior Features

  • Roof: Shingle
  • Construction Type: Vinyl Siding
  • Exterior Features: None
  • Construction:Vinyl Siding: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 0.08
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 023D00870000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Cable TV, Electricity

Building Info

  • Year Built: 1900

Tax Info

  • Tax Block: 023D
  • Tax Lot: 0087

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2020
Closed on
May 6, 2020
Sold by
Renfro Garrett and Renfro Katherine
Bought by
Enlight Nmint Llc
Seller's Agent
Laurie Huelsman
Real Estate Unlimited
Buyer's Agent
Tim Stephens
Semonin Realtors
List Price
$240,000
Sold Price
$228,359
Premium/Discount to List
-$11,641
-4.85%
Current Estimated Value
$307,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,405
Avg. Annual Appreciation
5.43%
Original Mortgage
$172,500
Outstanding Balance
$83,226
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$224,538

Purchase Details

Closed on
Nov 30, 2018
Sold by
Renfro Katherine
Bought by
Renfro Garrett and Renfro Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2017
Closed on
Oct 3, 2017
Sold by
Nationstar Mortgage Llc
Bought by
Renfro Katherine
Seller's Agent
Kyle Wohrle
Schuler Bauer Real Estate Services ERA Powered
Buyer's Agent
Laurie Huelsman
Real Estate Unlimited
List Price
$47,500
Sold Price
$28,000
Premium/Discount to List
-$19,500
-41.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.00%

Purchase Details

Closed on
May 3, 2006
Sold by
Heuser Terry G
Bought by
Whobrey Terri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Enlight Nmint Llc $228,359 None Available
Renfro Garrett -- Timios Inc
Renfro Katherine $28,000 Title365
Whobrey Terri $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enlight Nmint Llc $172,500
Previous Owner Renfro Garrett $147,000
Previous Owner Whobrey Terri $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2020 05/06/20 Sold $228,359 -4.9% $102 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $240,000 +757.1% $107 / Sq Ft
10/18/2017 10/18/17 Sold $28,000 -6.4% $13 / Sq Ft View Prior Sale
09/28/2017 09/28/17 Pending -- -- --
09/23/2017 09/23/17 Price Changed $29,900 -37.1% $13 / Sq Ft
07/28/2017 07/28/17 For Sale $47,500 -- $21 / 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
2025 $3,910 $310,330 $22,000 $288,330
2024 $3,985 $310,330 $22,000 $288,330
2023 $3,065 $228,360 $22,000 $206,360
2022 $3,106 $228,360 $22,000 $206,360
2021 $3,245 $228,360 $22,000 $206,360
2020 $1,397 $101,700 $14,000 $87,700
2019 $1,364 $101,700 $14,000 $87,700
2018 $371 $28,000 $14,000 $14,000
2017 $203 $15,560 $14,000 $1,560
2013 $800 $80,000 $8,000 $72,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Laurie Huelsman

    Real Estate Unlimited

    (502) 664-9840

    1 in this area

    41 Total Sales

    Laurie Huelsman
    Section Image
  • Tim Stephens

    Buyer's Agent in 2020

    Tim Stephens

    Semonin Realty

    (502) 327-2539

    25 Total Sales

    Tim Stephens
    Section Image
  • Kyle Wohrle

    Seller's Agent in 2017

    Kyle Wohrle

    Schuler Bauer Real Estate Services ERA Powered

    (502) 509-3429

    67 Total Sales

    Kyle Wohrle
    Section Image
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Map

Source: Metro Search, Inc.

MLS Number: 1552182

Metro Search, Inc.

APN: 023D00870000

Kentucky Jefferson County Louisville 40203 Shelby Park

500 E Ormsby Ave, Louisville, KY

Not Listed for Sale

MultiFamily

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