H
Seller's Agent in 2020
Honey Abrams
BERKSHIRE HATHAWAY HomeServices, Parks & Weisberg Realtors
716 E Oak St Louisville, KY 40203
Shelby Park NeighborhoodEstimated Value: $300,000 - $349,000
2
Beds
2
Baths
2,652
Sq Ft
$125/Sq Ft
Est. Value
Highlights
- No HOA
- Porch
- Forced Air Heating and Cooling System
- Meyzeek Middle School Rated A-
- Patio
- 3-minute walk to Shelby Park Community Center
About This Home
As of October 2020You must see this remodeled duplex in one of the most transforming areas of East Downtown. Shelby Park is projected to grow 13% over the next year. Current tenant paying $675/ month for 1 bedroom 1 bath unit downstairs (leased through 1/2021). 2nd unit occupying 2nd and 3rd levels average $1980 +/- monthly in Airbnb rental income. New construction, newly remodeled homes combined with a resurgence in commercial, restaurants, and parks offer room for growth. Minutes from the Highlands. This property was gutted, taken down to the studs, and almost completely redone in 2010 with new drywall, new electrical, new spacious kitchens and gorgeous cabinetry, along with new heating, central air, and roof (2009). This great property also has a mix of refinished, glistening wood floors paired with modern flooring. New, utility efficient replacement windows were added, and the third level was finished out as well. Nice size refurbished garage in back creates a fenced courtyard with patios. The downstairs unit has one bedroom and one full bath. The upstairs unit has potentially three bedrooms, with two full baths, including an upgraded owner's suite with a remodeled full bath. Separately metered. Perfect opportunity to own a great home, and let someone else help pay your mortgage, or for an investor to buy in at the right time with an improving rental base. This Duplex could also be easily converted back to a single home residence and would offer a family the chance to have a four-bedroom, three full bath home including owner suite. Electric and Gas metered seperately.
Last Agent to Sell the Property
Honey Abrams
BERKSHIRE HATHAWAY HomeServices, Parks & Weisberg Realtors Listed on: 09/09/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,744
Year Built
- Built in 1900
Lot Details
- 2,614
Home Design
- 2,652 Sq Ft Home
- Duplex
- Brick Exterior Construction
- Shingle Roof
- Metal Roof
- Block Exterior
- Vinyl Siding
Outdoor Features
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
Listing and Financial Details
- Tenant pays for gas, electric, cable
- The owner pays for water, trash removal, sewer
- Legal Lot and Block 0080 / 023B
- Assessor Parcel Number 023B00800000
- Seller Concessions Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2020
Closed on
Oct 23, 2020
Sold by
Powell Loren P and Apestegui Ilse
Bought by
Abernathy Pierce A
Seller's Agent
Honey Abrams
BERKSHIRE HATHAWAY HomeServices, Parks & Weisberg Realtors
Buyer's Agent
David Willemain
Kentucky Select Properties
List Price
$260,000
Sold Price
$252,500
Premium/Discount to List
-$7,500
-2.88%
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
$78,896
Avg. Annual Appreciation
4.35%
Original Mortgage
$214,625
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 11, 2016
Closed on
Jun 29, 2016
Sold by
Top Richard and Top Ardeen
Bought by
Powell Loren P and Apestegui Hse
Seller's Agent
Michael Jessee
Schuler Bauer Real Estate Services ERA Powered
Buyer's Agent
Honey Abrams
United Real Estate Louisville
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-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
8.11%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Abernathy Pierce A | $252,500 | Triple Crown Title | |
| Powell Loren P | $180,000 | Us Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Abernathy Pierce A | $214,625 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/29/2020 10/29/20 | Sold | $252,500 | -2.9% | $95 / Sq Ft |
| 09/19/2020 09/19/20 | Pending | -- | -- | -- |
| 09/09/2020 09/09/20 | For Sale | $260,000 | +44.4% | $98 / Sq Ft |
| 06/29/2016 06/29/16 | Sold | $180,000 | -7.7% | $68 / Sq Ft |
| 04/04/2016 04/04/16 | Pending | -- | -- | -- |
| 01/10/2016 01/10/16 | For Sale | $195,000 | -- | $74 / 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 | $3,744 | $291,550 | $22,000 | $269,550 |
| 2023 | $3,389 | $252,500 | $22,000 | $230,500 |
| 2022 | $3,434 | $252,500 | $22,000 | $230,500 |
| 2021 | $3,623 | $252,500 | $22,000 | $230,500 |
| 2020 | $2,473 | $180,000 | $14,000 | $166,000 |
| 2019 | $2,415 | $180,000 | $14,000 | $166,000 |
| 2018 | $2,384 | $180,000 | $14,000 | $166,000 |
| 2017 | $2,346 | $180,000 | $14,000 | $166,000 |
| 2013 | $921 | $92,090 | $10,000 | $82,090 |
Source: Public Records
Agents Affiliated with this Home
-
-
David Willemain
D
Buyer's Agent in 2020
David Willemain
Kentucky Select Properties
(502) 299-5223
1 in this area
50 Total Sales
-
M
Seller's Agent in 2016
Michael Jessee
Schuler Bauer Real Estate Services ERA Powered
Map
Source: Metro Search (Greater Louisville Association of REALTORS®)
MLS Number: 1568783
APN: 023B00800000
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