NOT LISTED FOR SALE

507 E Ormsby Ave Louisville, KY 40203

Shelby Park Neighborhood

Estimated Value: $222,000 - $330,000

2 Beds
2 Baths
2,142 Sq Ft
$131/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $115,000 $54 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $1,721/month

2 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Meyzeek Middle School Rated A-
  • Porch
  • Heating System Uses Natural Gas

About This Home

As of December 2021

OPEN SATURDAY, 10/16/21 FROM 3-4 PM. Opportunity is knocking with this one. Located on a block and in a neighborhood where investments are happening. Currently used as a duplex this could be rehabbed as a great BRRRR or remodeled into a single-family flip or hold. Shelby Park is a great location offering access to great parks, restaurants, bars, and shops. So much possibility with this house!

Last Agent to Sell the Property

Brent Logsdon

Semonin Realtors Listed on: 10/15/2021

Last Buyer's Agent

NON MEMBER

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,659

Home Design

  • 2,142 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Shingle Roof

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Shelby Park Subdivision

Listing and Financial Details

  • Tenant pays for gas, electric
  • The owner pays for water, trash removal, sewer
  • Legal Lot and Block 0111 / 023D
  • Assessor Parcel Number 023D01110000
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Cooling System: Wall/Window Unit(s)
  • Lot Dimensions: 0
  • Property Sub Type: Duplex
  • Property Type: MultiFamily
  • Subdivision Name: SHELBY PARK
  • Above Grade Finished Sq Ft: 2142.0
  • Architectural Style: Traditional
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Roof:Shingle: Yes
  • Utilities City Sewer: Yes
  • Owner Pays:Trash Removal: Yes
  • Special Features: VirtualTour

Exterior Features

  • Roof: Shingle
  • Construction Type: Wood Frame
  • Exterior Features: Porch
  • FeaturesExteriorPorch: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • General Property Description:_pound_ Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 023D01110000

Rental Info

  • Owner Pays: Water, Trash Removal, Sewer
  • Tenant Pays: Gas, Electric

Building Info

  • Year Built: 1900

Tax Info

  • Tax Block: 023D
  • Tax Lot: 0111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Dec 1, 2021
Sold by
Another Place Properties
Bought by
Jones Wall Shira Devora and Wall Jonathan Benjamin
Seller's Agent
Brent Logsdon
Semonin Realtors
Buyer's Agent
NON MEMBER
NON-MEMBER OFFICE
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%
Current Estimated Value
$281,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,169
Avg. Annual Appreciation
24.37%
Original Mortgage
$86,250
Outstanding Balance
$78,814
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$202,355
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jones Wall Shira Devora $115,000 Rounsavall Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Wall Shira Devora $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2021 12/01/21 Sold $115,000 -4.2% $54 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $120,000 -- $56 / 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 $3,040 $241,280 $22,000 $219,280
2024 $3,098 $241,280 $22,000 $219,280
2023 $1,543 $115,000 $22,000 $93,000
2022 $1,564 $124,060 $22,000 $102,060
2021 $1,785 $124,060 $22,000 $102,060
2020 $1,341 $97,590 $14,000 $83,590
2019 $1,309 $97,590 $14,000 $83,590
2018 $1,126 $85,050 $14,000 $71,050
2017 $1,108 $85,050 $14,000 $71,050
2013 $607 $60,650 $8,000 $52,650
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Brent Logsdon

    Semonin Realty

  • N

    Buyer's Agent in 2021

    NON MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: Metro Search, Inc.

MLS Number: 1598694

Metro Search, Inc.

APN: 023D01110000

Kentucky Jefferson County Louisville 40203 Shelby Park

507 E Ormsby Ave, Louisville, KY

Not Listed for Sale

MultiFamily

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.

Metro Search, Inc. 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