5502 Locust Way Louisville, KY 40229
2
Beds
1
Bath
900
Sq Ft
0.54
Acres
Highlights
- Deck
- 2 Car Detached Garage
- Forced Air Heating and Cooling System
- No HOA
- Porch
About This Home
As of January 2025Great opportunity, 2 bed, 1 bath, 900 square feet on 1st floor with 900 square feet of unfinished space in the basement. 2.5 car detached garage with side deck, covered front and side porches, convenient location.
Last Agent to Sell the Property
Spetz & Associates REALTORS License #279595 Listed on: 06/27/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,625
Year Built
- Built in 1953
Lot Details
- Lot Dimensions are 100x232
Parking
- 2 Car Detached Garage
Home Design
- Shingle Roof
- Stone Siding
Interior Spaces
- 900 Sq Ft Home
- 1-Story Property
- Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Deck
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 0234 / 0085
- Assessor Parcel Number 008502340000
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2024
Closed on
Jan 8, 2025
Sold by
Bernal Willians Jaz and Euceda Nohelia Barrera
Bought by
Ferreiro Daysi Delmas
Seller's Agent
Neisis Blanco Benitez
G. Starks Realty Co.
Buyer's Agent
Alonso Espinosa
EXP Realty LLC
List Price
$260,000
Sold Price
$256,000
Premium/Discount to List
-$4,000
-1.54%
Views
65
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
$633
Avg. Annual Appreciation
-4.51%
Original Mortgage
$10,000
Outstanding Balance
$7,059
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$242,294
Purchase Details
Listed on
Jun 27, 2024
Closed on
Sep 4, 2024
Sold by
Strickland Rebecca Ann
Bought by
Bernal Willians Jaz and Euccda Nohelia Barrera
Seller's Agent
Stephen Long
Spetz & Associates REALTORS
Buyer's Agent
Neisis Blanco Benitez
G. Starks Realty Co.
List Price
$174,900
Sold Price
$185,000
Premium/Discount to List
$10,100
5.77%
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
152.96%
Original Mortgage
$138,750
Interest Rate
6.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 13, 2002
Sold by
Gabhart Mildred Pearl and Strickland Rebecca
Bought by
Gabhart Ii Charles W
Similar Homes in Louisville, KY
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $256,000 | Bluegrass Land Title | |
| Deed | $256,000 | Bluegrass Land Title | |
| Deed | $185,000 | Bluegrass Land Title | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $10,000 | New Conventional | |
| Closed | $10,000 | New Conventional | |
| Open | $251,363 | FHA | |
| Closed | $251,363 | FHA | |
| Previous Owner | $138,750 | New Conventional | |
| Previous Owner | $78,000 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/08/2025 01/08/25 | Sold | $256,000 | +2.4% | $142 / Sq Ft |
| 11/20/2024 11/20/24 | Pending | -- | -- | -- |
| 11/19/2024 11/19/24 | Price Changed | $250,000 | -3.8% | $139 / Sq Ft |
| 10/20/2024 10/20/24 | For Sale | $260,000 | +40.5% | $144 / Sq Ft |
| 09/04/2024 09/04/24 | Sold | $185,000 | +5.8% | $206 / Sq Ft |
| 07/03/2024 07/03/24 | Pending | -- | -- | -- |
| 06/27/2024 06/27/24 | For Sale | $174,900 | 0.0% | $194 / Sq Ft |
| 04/01/2024 04/01/24 | Pending | -- | -- | -- |
| 03/30/2024 03/30/24 | For Sale | $174,900 | -- | $194 / Sq Ft |
Source: Metro Search (Greater Louisville Association of REALTORS®)
Tax History Compared to Growth
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 | $1,625 | $143,200 | $36,720 | $106,480 |
| 2023 | $1,673 | $143,200 | $36,720 | $106,480 |
| 2022 | $1,678 | $119,040 | $20,000 | $99,040 |
| 2021 | $1,506 | $119,040 | $20,000 | $99,040 |
| 2020 | $1,401 | $119,040 | $20,000 | $99,040 |
| 2019 | $1,290 | $119,040 | $20,000 | $99,040 |
| 2018 | $1,274 | $119,040 | $20,000 | $99,040 |
| 2017 | $1,249 | $119,040 | $20,000 | $99,040 |
| 2013 | $1,069 | $106,860 | $22,640 | $84,220 |
Source: Public Records
Agents Affiliated with this Home
-
N
Seller's Agent in 2025
Neisis Blanco Benitez
G. Starks Realty Co.
-
A
Buyer's Agent in 2025
Alonso Espinosa
EXP Realty LLC
-
S
Seller's Agent in 2024
Stephen Long
Spetz & Associates REALTORS
-
J
Seller Co-Listing Agent in 2024
John Spetz
Spetz & Associates REALTORS
Map
Source: Metro Search (Greater Louisville Association of REALTORS®)
MLS Number: 1657601
APN: 008502340000
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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.
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