NOT LISTED FOR SALE

709 Magnolia Ave Shelbyville, KY 40065

Estimated Value: $459,000 - $580,000

3 Beds
3.5 Baths
3,492 Sq Ft
$145/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $469,000 $134 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,226/month

6 Days on Market

Highlights

  • 1 Fireplace
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Porch

About This Home

As of May 2024

She's an absolute beauty! This jaw-dropper of a home on historic Magnolia Avenue is the perfect mix of historic details and modern touches! Nearly every inch of this home was renovated approximately 2 years ago! You'll find tons of gorgeous personal living space, loads of room for entertaining on the inside, a fire pit out back to gather with friends, plus a 2-bay detached garage with a second floor that could be used for anything your mind might dream up from extra storage to a craft room to a place to have band practice. The possibilities are endless! Speaking of possibilities, there are a few options to explore at 709 Magnolia Ave:Option 1- Make it your personal home! It's the kind of home that makes the front of a Hallmark card, one that just welcomes you to cozy up and stay a while. This street is the kind of place where you can see neighbors taking after-dinner strolls, walking their dogs, or learning to ride bikes. You're tucked in close to downtown and near great restaurants and shops plus just a few minutes from the bypass and interstate. It's the kind of place that just feels like home.Option 2: The current owners use the house for short-term rental and have had slam dunk success on Airbnb. Pick this up as part of your short-term rental portfolio or confidently enter the Airbnb world with a property with a proven track record. Complete furniture package negotiable. Either way -- home sweet home or Airbnb, don't miss the chance to see 709 Magnolia Ave. Join me Monday night from 5pm-7pm for an evening Open House or schedule your private showing.

Last Agent to Sell the Property

Melinda Hardin

Torrey Smith Realty Co., LLC Brokerage Phone: 502-633-0220 License #222655 Listed on: 04/18/2024

Torrey Smith Realty Co., LLC

Last Buyer's Agent

Toni Boer

Keller Williams Louisville East License #267827

Keller Williams Louisville East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,567

Year Built

  • Built in 1940

Lot Details

  • 10,019

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Fairview Subdivision

Listing and Financial Details

  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,567

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Cooling System: Central Air
  • Stories: 2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Attribution Contact: 502-633-0220
  • Garage Yn: Yes
  • Subdivision Name: FAIRVIEW
  • Above Grade Finished Sq Ft: 2354.0
  • Dining Room Level: First
  • Full Bathroom Level: Second
  • Half Bathroom Level: First
  • Primary Bathroom Level: First
  • Primary Bedroom Level: First
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Rooms:Den: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: Walkout Part Fin
  • Fireplaces Level 1: 1
  • Bedroom Level: Second
  • Den Level: Second
  • Family Room Level: First
  • Game Room Level: Basement
  • Kitchen Level: First
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1138.0
  • Fireplaces: 1
  • Total Bedrooms: 12
  • Other Rooms:Family Room2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.23
  • Construction Type: Block
  • Foundation Details: Concrete Blk
  • Patio And Porch Features: Porch
  • Patio and Porch Features:Porch2: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: No
  • Parking Features: On Street, Detached, Entry Front, Driveway
  • General Property Description:Garage Spaces: 2
  • Garageparkingdriveway: Yes
  • GarageParking:Detached: Yes

Utilities

  • Utilities: Fuel:Natural
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Shelby

Lot Info

  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 0
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1940

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2021
Sold by
Doran Elizabeth Benjamin and Benjamin Family Irrevocable Tr
Bought by
S & A Properties Llc
Current Estimated Value
$507,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,825
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2018
Sold by
Benjamin Betty V and Benjamin Bette
Bought by
Deran Elizabeth Benjamin and Benjamin Family Irrevocable Trust

Purchase Details

Closed on
Oct 7, 2011
Sold by
Blose Rebecca A
Bought by
Blose Rebecca A and Broussard Raymonda M
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
S & A Properties Llc $180,250 None Available
Deran Elizabeth Benjamin -- None Available
Blose Rebecca A $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 709 Magnolia Llc $398,650
Closed Roberts Kevin $342,400
Closed S & A Properties Llc $20,000
Closed S & A Properties Llc $305,825
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $469,000 -0.2% $134 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $469,900 +9.8% $135 / Sq Ft
07/28/2022 07/28/22 Sold $428,000 -2.7% $123 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/09/2022 06/09/22 Price Changed $439,900 -2.2% $126 / Sq Ft
05/29/2022 05/29/22 Price Changed $450,000 -2.2% $129 / Sq Ft
05/14/2022 05/14/22 For Sale $459,900 0.0% $132 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $459,900 -- $132 / 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 $5,567 $428,000 $0 $0
2023 $4,544 $428,000 $0 $0
2022 $1,951 $180,250 $0 $0
2021 $2,545 $230,000 $0 $0
2020 $2,552 $230,000 $0 $0
2019 $2,552 $230,000 $20,000 $210,000
2018 $2,099 $230,000 $20,000 $210,000
2017 $1,119 $102,400 $0 $0
2016 $1,116 $140,000 $0 $0
2015 $1,130 $140,000 $20,000 $120,000
2014 $1,130 $140,000 $20,000 $120,000
2013 $1,130 $140,000 $20,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1658888

Metro Search (Greater Louisville Association of REALTORS®)

APN: S6-23-003