NOT LISTED FOR SALE

501 E Ormsby Ave Louisville, KY 40203

Shelby Park Neighborhood

Estimated Value: $287,000

2 Beds
2 Baths
1,296 Sq Ft
$221/Sq Ft Est. Value

Last Sold October 23, 2018

Last sale price $80,000 $62 Per Sq Ft

Est. 259% increase in value since last sale

Current estimated payment $1,774/month

6 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating and Cooling System
  • Meyzeek Middle School Rated A-
  • Cooling System Mounted To A Wall/Window

About This Home

As of October 2018

Investment opportunity! This property features a duplex and a single family residence on same lot, fully occupied. Sold As-Is. Buyer and buyer's agent to verify all information on property including utilities. Seller has never lived in property and has no information to give. The seller owns an equitable interest in the subject property that will be converted into fee simple ownership on or prior to the closing. All inspections and due diligence to be complete prior to offer. CASH ONLY.

Last Agent to Sell the Property

Bryce Cariel

Caperton Realty License #267734 Listed on: 10/09/2018

Last Buyer's Agent

Bryce Cariel

Caperton Realty License #267734 Listed on: 10/09/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,398

Home Design

  • 1,296 Sq Ft Home
  • Duplex
  • Composition Roof
  • Vinyl Siding

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Shelby Park Subdivision

Listing and Financial Details

  • Tenant pays for gas, electric, cable
  • Legal Lot and Block 0108 / 023D
  • Assessor Parcel Number 023D01080000
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Cooling System: Central Air, Wall/Window Unit(s)
  • Lot Dimensions: .08
  • Property Sub Type: Duplex
  • Property Type: MultiFamily
  • Subdivision Name: SHELBY PARK
  • Above Grade Finished Sq Ft: 1296.0
  • Architectural Style: Other
  • Utilities Electricity Connected: Yes
  • Cooling Central Air: Yes
  • Utilities City Sewer: Yes
  • Roof:Composition: Yes
  • Special Features: None

Exterior Features

  • Roof: Composition
  • Construction Type: Wood Frame, Vinyl Siding
  • Exterior Features: Porch
  • FeaturesExteriorPorch: Yes
  • Construction:Frame - Wood2: Yes

Utilities

  • Utilities: City Sewer, City Water, Electricity Connected
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 023D01080000

Rental Info

  • Tenant Pays: Gas, Electric, Cable

Building Info

  • Year Built: 1900

Tax Info

  • Tax Block: 023D
  • Tax Lot: 0108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2023
Sold by
G I G Llc
Bought by
Elmore George and Jenni Ormsby Family Revocable Trust
Current Estimated Value
$287,000

Purchase Details

Listed on
Oct 9, 2018
Closed on
Oct 23, 2018
Sold by
Emison S Bryce and Emison Christine R
Bought by
Property Seller Solutioins Llc
Seller's Agent
Bryce Cariel
Caperton Realty
Buyer's Agent
Bryce Cariel
Caperton Realty
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.41%

Purchase Details

Listed on
Oct 9, 2018
Closed on
Oct 19, 2018
Sold by
Property Seller Solutions Llc
Bought by
East Ormsby Ave Properties Llc
Seller's Agent
Bryce Cariel
Caperton Realty
Buyer's Agent
Bryce Cariel
Caperton Realty
List Price
$80,000
Sold Price
$80,000

Purchase Details

Closed on
May 2, 2007
Sold by
Us Bank Na
Bought by
Emison S Bryce and Emison Christine R
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
Elmore George -- None Listed On Document
Property Seller Solutioins Llc $65,000 Rounsavall Title Group Llc
East Ormsby Ave Properties Llc $80,000 Rounsavall Title Group Llc
Emison S Bryce $20,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2018 10/23/18 Sold $80,000 0.0% $62 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $80,000 -- $62 / 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 $3,296 $261,600 $22,000 $239,600
2024 $3,359 $261,600 $22,000 $239,600
2023 $1,332 $99,230 $22,000 $77,230
2022 $1,350 $99,230 $22,000 $77,230
2021 $1,429 $99,230 $22,000 $77,230
2020 $1,099 $80,000 $14,000 $66,000
2019 $1,073 $80,000 $14,000 $66,000
2018 $1,183 $89,350 $14,000 $75,350
2017 $1,165 $89,350 $14,000 $75,350
2013 $712 $71,160 $9,000 $62,160
Source: Public Records

Agents Affiliated with this Home

  • Bryce Cariel

    Seller's Agent in 2018

    Bryce Cariel

    Caperton Realty

    (502) 836-3035

    2 in this area

    120 Total Sales

    Bryce Cariel
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Map

Source: Metro Search, Inc.

MLS Number: 1516672

Metro Search, Inc.

APN: 023D01080000

Kentucky Jefferson County Louisville 40203 Shelby Park

501 E Ormsby Ave, Louisville, KY

Not Listed for Sale

MultiFamily

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