NOT LISTED FOR SALE

5617 Lovers Ln Louisville, KY 40299

Estimated Value: $158,000 - $219,000

2 Beds
1 Bath
773 Sq Ft
$235/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $120,000 $155 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,074/month

8 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Mini Split Heat Pump
  • Porch

About This Home

As of September 2023

Rare Investment Opportunity: Cozy Bungalow on .46 Acres

You must see this charming 2 bedroom, 1 bath bungalow situated within 3 miles of J-Town. It includes a living room, eat-in kitchen, first floor laundry/mud room, and a large shed that could double as a compact-car garage.

This has great cash flow potential at an affordable initial investment, which is rare in today's investing market. This property needs renovation and TLC and is being sold as-is but is an ideal investment. Priced competitively for handy buyers.

Sold as-is. This opportunity won't last long.

Last Agent to Sell the Property

Sharon Handy

Real Estate Go To License #265164 Listed on: 08/19/2023

Last Buyer's Agent

Kim Karst

First Saturday Real Estate License #263604

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,374

Year Built

  • Built in 1947

Lot Details

  • 0.45

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 773 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Mini Split Heat Pump
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 0205 / 0051
  • Assessor Parcel Number 005102050000
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,374

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Cooling System: Wall/Window Unit(s)
  • Stories: 1
  • Lot Dimensions: 135.61 x 146.08 x 135.40 x 147.11 (0.46 acres)
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: No
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 773.0
  • Architectural Style: Bungalow
  • Reso Other Structures: Outbuilding
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Roof:Shingle: Yes
  • Foundation:Slab: Yes
  • Architectural Style Bungalow: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Bedroom Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Other
  • Other Rooms:Family Room2: Yes
  • Basement:None6: Yes

Exterior Features

  • Fencing: None
  • Roof: Shingle
  • Acres: 0.45
  • Construction Type: Wood Frame, Block
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Construction:Frame - Wood2: Yes
  • Patio and Porch Features:Porch2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Entry Front, Driveway
  • Garageparkingdriveway: Yes

Utilities

  • Utilities: Electricity Connected, Fuel:Natural
  • Cooling Y N: Yes
  • Heating: MiniSplit/Ductless
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Jefferson

Lot Info

  • Lot Size Sq Ft: 19781.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 005102050000
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1947

Tax Info

  • Tax Block: 0051
  • Tax Lot: 0205

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2023
Closed on
Sep 18, 2023
Sold by
Rodriguez Hilario Solis and Rodriguez Sandra E
Bought by
Copeland Kathleen Renee and Bishop Billy Joe
Seller's Agent
Sharon Handy
Real Estate Go To
Buyer's Agent
Kim Karst
First Saturday Real Estate
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Views
3
Current Estimated Value
$181,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,919
Avg. Annual Appreciation
21.14%
Original Mortgage
$96,000
Outstanding Balance
$93,964
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$87,955

Purchase Details

Closed on
Jul 17, 2018
Sold by
Handy Mark D and Handy Dena R
Bought by
Rodriguez Hilaria Solis and Rodriguez Sandra E

Purchase Details

Closed on
Aug 15, 2017
Sold by
Handy Mark D and Handy Dena R
Bought by
Rodriguez Hilario Solis and Flores Sandra E

Purchase Details

Closed on
Sep 16, 2011
Sold by
Terhune Raymond E and Terhune Delores M
Bought by
Jecker Renee and Mosely Jolene
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
Copeland Kathleen Renee $120,000 Kentucky Title
Rodriguez Hilaria Solis $65,000 None Available
Rodriguez Hilario Solis -- None Available
Jecker Renee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Copeland Kathleen Renee $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2023 09/18/23 Sold $120,000 -4.0% $155 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
08/15/2023 08/15/23 For Sale $125,000 +166.0% $162 / Sq Ft
09/12/2013 09/12/13 Sold $47,000 -32.8% $59 / Sq Ft View Prior Sale
08/18/2013 08/18/13 Pending -- -- --
05/07/2013 05/07/13 For Sale $69,900 -- $87 / 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
2024 $1,374 $120,000 $37,600 $82,400
2023 $1,147 $97,350 $28,200 $69,150
2022 $1,151 $97,350 $28,200 $69,150
2021 $1,228 $97,350 $28,200 $69,150
2020 $1,064 $90,380 $46,000 $44,380
2019 $980 $90,380 $46,000 $44,380
2018 $968 $90,380 $46,000 $44,380
2017 $949 $90,380 $46,000 $44,380
2013 $820 $82,030 $28,000 $54,030
Source: Public Records

Agents Affiliated with this Home

  • Sharon Handy

    Seller's Agent in 2023

    Sharon Handy

    Real Estate Go To

    (502) 895-8300

    33 Total Sales

    Sharon Handy
    Section Image

  • K

    Buyer's Agent in 2023

    Kim Karst

    First Saturday Real Estate

    (502) 558-5912

    47 Total Sales

    Kim Karst
    Section Image
  • Richard Grammer

    Seller's Agent in 2013

    Richard Grammer

    Richard Grammer Realty

    (502) 419-8888

    46 Total Sales

    Richard Grammer
    Section Image

  • D

    Buyer's Agent in 2013

    Dena Handy

    Exclusively Yours, REALTORS

See All Agents

Map

Source: Metro Search, Inc.

MLS Number: 1643222

Metro Search, Inc.

APN: 005102050000

Kentucky Jefferson County Louisville 40291

5617 Lovers Ln, Louisville, KY

Not Listed for Sale

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