NOT LISTED FOR SALE

509 Washburn Ave Louisville, KY 40222

Estimated Value: $259,000 - $308,000

4 Beds
2 Baths
2,277 Sq Ft
$124/Sq Ft Est. Value

Last Sold July 27, 2023

Last sale price $202,400 $89 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,728/month

34 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating and Cooling System
  • Greathouse Shryock Traditional Elementary School Rated A-
  • 1 Car Attached Garage
  • Property is Fully Fenced

About This Home

As of July 2023

ONLINE AUCTION. BIDDING ENDS ON WEDNESDAY, JUNE 21, 7PM. www.BidKentucky.com ATTENTION REMODELERS/DEVELOPERS!!! Excellent opportunity to remodel this large sprawling ranch on huge lot(100'X170'), or tear down existing home and develop multiple homes. There is a 50' unimproved right of way named R.E. Lee Terrace. Home has 4 bedrooms, 2 full baths, 2 family rooms, one with woodburning fireplace. Back yard has a full privacy fence and sunroom. 1 car attached garage that is long enough for nice workshop area. 1 of the 2 Air is less than 1 year old. Roof approximately 8 years old.

Last Agent to Sell the Property

Julie Bex

RE/MAX Results License #216702 Listed on: 05/19/2023

RE/MAX Results

Last Buyer's Agent

Julie Bex

RE/MAX FIRST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,257

Year Built

  • Built in 1947

Lot Details

  • Lot Dimensions are 100x170
  • Property is Fully Fenced
  • Privacy Fence

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,277 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Warwick Village Subdivision

Listing and Financial Details

  • Auction
  • Legal Lot and Block 0008 / 0349
  • Assessor Parcel Number 034900080026
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,257

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Cooling System: Central Air
  • Stories: 1
  • Lot Dimensions: 100x170
  • Property Sub Type: Auction
  • Property Type: Residential
  • Garage Yn: Yes
  • Subdivision Name: WARWICK VILLAGE
  • Above Grade Finished Sq Ft: 2277.0
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Other
  • Full Bathroom Level: First
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Fencing Privacy: Yes
  • Architectural Style Ranch: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Bedroom Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 10
  • ResoLivingAreaSource: Other
  • Other Rooms:Family Room2: Yes
  • Other Rooms:Dining Area: Yes
  • Basement:None6: Yes

Exterior Features

  • Fencing: Privacy, Full
  • Roof: Shingle
  • Acres: 0.38
  • Construction Type: Block
  • Patio And Porch Features: Porch
  • Exterior Features:Fencing - Full: Yes
  • Patio and Porch Features:Porch2: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Attached
  • General Property Description:Garage Spaces: 1
  • GarageParking:Attached: Yes

Utilities

  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 17000.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 034900080026
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1947

Tax Info

  • Tax Block: 0349
  • Tax Lot: 0008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Jul 27, 2023
Sold by
Kennison Alvin and Kennison Dania H
Bought by
Karr Richard
Seller's Agent
Julie Bex
RE/MAX Results
Buyer's Agent
Julie Bex
RE/MAX100, Inc.
List Price
$1
Sold Price
$202,400
Premium/Discount to List
$202,399
20239900%
Views
544
Current Estimated Value
$282,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,158
Avg. Annual Appreciation
19.31%
Original Mortgage
$196,328
Outstanding Balance
$192,720
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$99,504
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
Karr Richard $202,400 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karr Richard $196,328
Previous Owner Kennison Alvin $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2023 07/27/23 Sold $202,400 +20239900.0% $89 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $1 -- $0 / Sq Ft
Source: Metro Search (Greater Louisville Association of 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 $2,257 $202,400 $39,550 $162,850
2023 $2,835 $293,320 $39,550 $253,770
2022 $3,216 $177,570 $25,000 $152,570
2021 $1,707 $177,570 $25,000 $152,570
2020 $1,600 $177,570 $25,000 $152,570
2019 $1,568 $177,570 $25,000 $152,570
2018 $139 $177,570 $25,000 $152,570
2017 $1,469 $177,570 $25,000 $152,570
2013 $1,564 $156,370 $22,440 $133,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search (Greater Louisville Association of REALTORS®)

MLS Number: 1636885

Metro Search (Greater Louisville Association of REALTORS®)

APN: 034900080026