Jamie Klein
Family Realty LLC
(812) 382-3990
89 Total Sales
2 in Shelby Park
$170K - $205K Price Range
541 E Ormsby Ave Louisville, KY 40203
Shelby Park NeighborhoodEstimated Value: $175,254
Studio
2
Baths
3,440
Sq Ft
$51/Sq Ft
Est. Value
Highlights
- No HOA
- Patio
- Heating System Uses Natural Gas
- Atherton High School Rated A
- 1 Car Garage
About This Home
As of October 2024An exceptional development opportunity in the heart of Shelby Park. This corner commercial unit, with C2 zoning, is strategically located 3 blocks from Shelby Street, surrounded by a thriving residential community. The property's prime location offers an unparalleled opportunity for investors and developers. This property presents a unique canvas with variances already secured for the demolition and reconstruction of an accessory rear unit and a front exterior awning.
Priced competitively, this property offers diverse potential uses, including residential units, short-term rentals (Airbnb), and/or commercial uses. Its adaptable layout and zoning designation provide a rare chance to capitalize on the burgeoning demand for mixed-use spaces in this sought-after neighborhood.
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
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1906
Lot Details
- 3,049
Parking
- 1 Car Garage
Home Design
- Triplex
- Tri-Level Property
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Outdoor Features
- Patio
- Outbuilding
Additional Features
- Lot Dimensions are 135' x 25'
- Heating System Uses Natural Gas
- Basement
Community Details
- No Home Owners Association
- Shelby Park Subdivision
Listing and Financial Details
- Legal Lot and Block 0128 / 023D
- Assessor Parcel Number 023D01280000
- Seller Concessions Not Offered
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2024
Closed on
Oct 10, 2024
Sold by
541 E Ormsby Ave Llc
Bought by
Seller's Agent
Jonathan Klunk
EXP Realty LLC
Buyer's Agent
Ryan Brown
RE/MAX Premier Properties
List Price
$215,000
Sold Price
$152,500
Premium/Discount to List
-$62,500
-29.07%
Views
102
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,754
Avg. Annual Appreciation
7.47%
Original Mortgage
$310,298
Interest Rate
6.54%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Oct 21, 2019
Closed on
Jan 3, 2020
Sold by
Cleary Mary Beth
Bought by
541 E Ormsby Llc
Seller's Agent
Kim Farris
Schuler Bauer Real Estate Services ERA Powered
Buyer's Agent
Kathleen Messenger
Keller Williams Collective
List Price
$84,900
Sold Price
$70,000
Premium/Discount to List
-$14,900
-17.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.73%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Shelby Park, KY
-
Jamie Klein
-
Julie Gamble
Julie Gamble
JPAR Aspire
(812) 382-3451
58 Total Sales
1 in Shelby Park
$195,000 Price
-
Tracy French
Tracy French
Responds QuicklyRE/MAX Premier Properties
(859) 470-3588
629 Total Sales
6 in Shelby Park
$70K - $375K Price Range
-
Michael Mawood
Michael Mawood
RE/MAX Results
(502) 305-5281
121 Total Sales
4 in Shelby Park
$79K - $226K Price Range
-
Lavell Jackson
Lavell Jackson
Re/Max Five Star Properties
(270) 600-7273
148 Total Sales
1 in Shelby Park
$20,000 Price
-
Kristin Kidwell
Kristin Kidwell
Kentucky Select Properties
(502) 305-7949
108 Total Sales
1 in Shelby Park
$300,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $152,500 | None Listed On Document | ||
| 541 E Ormsby Llc | $70,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $310,298 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/10/2024 10/10/24 | Sold | $152,500 | -7.6% | $44 / Sq Ft | |
| 09/18/2024 09/18/24 | Pending | -- | -- | -- | |
| 09/04/2024 09/04/24 | Price Changed | $165,000 | -10.8% | $48 / Sq Ft | |
| 08/05/2024 08/05/24 | Price Changed | $185,000 | -2.6% | $54 / Sq Ft | |
| 07/22/2024 07/22/24 | Price Changed | $190,000 | -2.6% | $55 / Sq Ft | |
| 07/01/2024 07/01/24 | Price Changed | $195,000 | -9.3% | $57 / Sq Ft | |
| 05/14/2024 05/14/24 | For Sale | $215,000 | +207.1% | $63 / Sq Ft | |
| 01/03/2020 01/03/20 | Sold | $70,000 | -17.6% | $25 / Sq Ft | View Prior Sale |
| 10/29/2019 10/29/19 | Pending | -- | -- | -- | |
| 10/18/2019 10/18/19 | For Sale | $84,900 | -- | $30 / Sq Ft |
Source: Metro Search, Inc.
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,922 | $152,500 | $22,000 | $130,500 |
| 2024 | $1,224 | $95,340 | $22,000 | $73,340 |
| 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 | $1,116 | $81,230 | $14,000 | $67,230 |
| 2019 | $1,090 | $81,230 | $14,000 | $67,230 |
| 2018 | $1,076 | $81,230 | $14,000 | $67,230 |
| 2017 | $1,059 | $81,230 | $14,000 | $67,230 |
| 2013 | $788 | $78,780 | $18,680 | $60,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Klunk
Seller's Agent in 2024
Jonathan Klunk
EXP Realty LLC
(502) 410-8181
2 in this area
112 Total Sales
-
Ryan Brown
Buyer's Agent in 2024
Ryan Brown
RE/MAX
(502) 889-0122
3 in this area
53 Total Sales
-
JB
Buyer's Agent in 2024
James Brown
Semonin Realty
-
Kim Farris
KF
Seller's Agent in 2020
Kim Farris
Schuler Bauer Real Estate Services ERA Powered
(502) 644-4117
39 Total Sales
-
KM
Buyer's Agent in 2020
Kathleen Messenger
Keller Williams Collective
Map
Source: Metro Search, Inc.
MLS Number: 1660773
APN: 023D01280000
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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by the seller and other third parties and has not been verified.
Based on information submitted to the MLS GRID
Nearby Homes
- 530 Camp St
- 514 E Ormsby Ave
- 509 E Ormsby Ave
- 626 E Ormsby Ave
- 617 Camp St
- 711 E Ormsby Ave
- 417 Camp St
- 725 E Ormsby Ave
- 1273 S Preston St
- 409 Marret Ave
- 1269 S Preston St
- 424 Gwendolyn St
- 401 Marret Ave
- 402 Marret Ave
- 628 E Oak St
- 1260 S Preston St
- 434 E Oak St
- 1222 S Preston St
- 1352 S Preston St
- 643 E Oak St
- 539 E Ormsby Ave
- 537 E Ormsby Ave
- 535 E Ormsby Ave
- 601 E Ormsby Ave
- 1271 S Hancock St
- 533 E Ormsby Ave
- 603 E Ormsby Ave
- 531 E Ormsby Ave
- 605 E Ormsby Ave
- 540 E Ormsby Ave
- 529 E Ormsby Ave
- 536 E Ormsby Ave
- 542 E Ormsby Ave
- 544 E Ormsby Ave
- 607 E Ormsby Ave
- 600 E Ormsby Ave
- 534 E Ormsby Ave
- 602 E Ormsby Ave
- 532 E Ormsby Ave
- 538 Camp St
Your Personal Tour Guide
Ask me questions while you tour the home.