NOT LISTED FOR SALE

5629 Rustic Way Louisville, KY 40218

Newburg Neighborhood

Estimated Value: $136,000 - $182,000

3 Beds
1 Bath
900 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $70,000 $78 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $973/month

1 Day on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 5-minute walk to Black Mudd Park

About This Home

As of August 2018

Excellent investment opportunity. Great price for a 1st time home-buyer.House is in great Shape. Remodeled in 2018. New Hardwood flooring throughout.House is leased to a section 8 tenant for $871 per month. 100% of the rent is paid by section 8. Wont Last

Last Agent to Sell the Property

Deon Reese

Polo Real Estate Group LLC License #216639 Listed on: 08/15/2018

Last Buyer's Agent

Philip Bendler

United Real Estate Louisville License #214357

United Real Estate Louisville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,328

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 51.38 x 122
  • Chain Link Fence

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 0033 / 0863
  • Assessor Parcel Number 086300330283
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,328

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Stories: 1
  • Lot Dimensions: 51.38 x 122
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 900.0
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Full Bathroom Level: First
  • Rooms:Living Room5: Yes
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Foundation:Slab: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Bedroom Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • ResoLivingAreaSource: Other
  • Basement:None6: Yes

Exterior Features

  • Fencing: Chain Link
  • Roof: Shingle
  • Acres: 0.14
  • Construction Type: Brick
  • Foundation Details: Slab
  • Construction:Brick3: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway
  • Garageparkingdriveway: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Jefferson

Lot Info

  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 086300330283
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1961

Tax Info

  • Tax Block: 0863
  • Tax Lot: 0033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2019
Sold by
Kuvshinov Vladimiir and Prodelaylo Galina
Bought by
Volga Ky 1 Llc
Current Estimated Value
$162,333

Purchase Details

Closed on
May 7, 2019
Sold by
Volga Ky 1 Llc
Bought by
Kuvshinov Vladimir and Prodelaylo Galina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2018
Closed on
Aug 31, 2018
Sold by
Walker Armon and Walker Lourdes
Bought by
Volga Ky 1 Llc
Seller's Agent
Deon Reese
Polo Real Estate Group LLC
Buyer's Agent
Philip Bendler
United Real Estate Louisville
List Price
$65,000
Sold Price
$70,000
Premium/Discount to List
$5,000
7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%

Purchase Details

Closed on
Jul 11, 2016
Sold by
Great Eight Properties Llc
Bought by
Walker Armon

Purchase Details

Closed on
May 12, 2011
Sold by
Burnett Joe and Burnett Trina
Bought by
Great Eight Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,500
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Burnett Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,500
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2006
Sold by
Mack Jeffery
Bought by
Mudd Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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
Volga Ky 1 Llc -- Accommodation
Kuvshinov Vladimir -- Limestone Title & Escrow Llc
Volga Ky 1 Llc $70,000 Freibert & Mattingly Title G
Walker Armon -- Tradition Title Agency Llc
Great Eight Properties Llc -- None Available
Burnett Joe $15,000 None Available
Mudd Bryan $64,000 Consumer Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kuvshinov Vladimir $72,750
Previous Owner Great Eight Properties Llc $41,500
Previous Owner Mudd Bryan $57,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $70,000 +7.7% $78 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $65,000 -- $72 / 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 $1,328 $117,000 $14,100 $102,900
2023 $1,367 $117,000 $14,100 $102,900
2022 $1,035 $70,000 $14,000 $56,000
2021 $885 $70,000 $14,000 $56,000
2020 $824 $70,000 $14,000 $56,000
2019 $759 $70,000 $14,000 $56,000
2018 $565 $52,790 $14,000 $38,790
2017 $554 $52,790 $14,000 $38,790
2013 $330 $33,000 $13,000 $20,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Deon Reese

    Polo Real Estate Group LLC

    (502) 387-6330

    82 Total Sales

    Deon Reese
    Section Image
  • Philip Bendler

    Buyer's Agent in 2018

    Philip Bendler

    United Real Estate Louisville

    (949) 922-5649

    5 in this area

    26 Total Sales

    Philip Bendler
    Section Image
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Map

Source: Metro Search, Inc.

MLS Number: 1511899

Metro Search, Inc.

APN: 086300330283

Kentucky Jefferson County Louisville 40218 Newburg

5629 Rustic Way, Louisville, KY

This home is located at 5629 Rustic Way, Louisville, KY 40218 since 15 August 2018 and is currently estimated at $162,333, approximately $180 per square foot. This property was built in 1961. 5629 Rustic Way is a home located in Jefferson County with nearby schools including Okolona Elementary School, Blue Lick Elementary School, and Rangeland Elementary School.

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.

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