Check Availability
$89,000
House - For Sale

3500 Herman Street

Louisville, KY 40212
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1184 Sqft
$438
Estimated Monthly
$0
HOA / Fees

About This Property

Invest in your future with this incredible opportunity!  2/1 property generates $1,000/month in rental income thanks to its dependable, long-term tenant. And with recent renovations complete and a new roof (Nov '23), you can rest easy knowing the property will continue to provide strong returns. 9%+ CAP Rate. Home has wood floors, basement w/laundry, and back yard. Only two blocks from Young Elementary School in 40212

The manager has listed the unit size as 1184 square feet.
Unit Size
1,184Ft²
Days on Market
42 days
Land Size
0.08 acres
Price per sqft
$75
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1930
Listed By
Joshua Billings
BLUEGRASS REALTY PROS, INC
Last updated: 2 months ago (HKYAR #HK24000997)

Price History

Date / Event Date Event Price
Mar 19, 2024 Listed by BLUEGRASS REALTY PROS, INC $89,000
Listed by BLUEGRASS REALTY PROS, INC
Sep 27, 2023 Sold $55,000
Sold

Property Highlights

Fireplace
Interior Details

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Wood Shingle

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Basement Area: 380
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,511
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 235
  • Total Building Area: 804
  • Building Area: 804
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 804
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.081
  • Legal Description 1: 23.5 X 150 S OF HERMAN ST, 350 FT W OF S 34TH ST

Ownership

  • Current Owner : ZECH410 LLC
  • Previous Owner : 3500 HERMAN STREET LAND TRUST
  • Owner Before Previous Owner: BIVENS SAM H
  • Owner Before Previous Owner 2: BIVINS SAM H
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 000700

Zoning

  • Zoning: R5-RESIDEN

Geography

  • Account Number: 00039964
  • District: 100023
  • Parcel: 01008G01450000
  • Municipality: LOUISVILLE
  • Latitude: 38.2589
  • Longitude: -85.8087

    Address

  • Full Address: 3500 Herman St
  • Address - House Number: 3500
  • Address - Street Name: Herman
  • Address - Suffix Type: St
  • State: KY
  • City Name: Louisville
  • Carrier Code: C015
  • 4-Digit Zip Code: 2327
  • Zip Code: 40212

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $736
  • Intital Tax Deliquent Year: 2011
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.2484
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 71,390
  • High Value: 89,127
  • Low Value: 53,652

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $55,100
  • First Open Lien Mortgage Lender: FLIPPIN LOAN LLC
  • First Open Lien Mortgage Recording Date: Sep 27, 2023
  • First Open Lien Mortgage Loan Amount: $55,100
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Sep 21, 2024

    Market Valuation

  • Market Total Value: $54,870
  • Market Land Value: $3,600
  • Market Improvement Value: $51,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,870
  • Assessed Land Value: $3,600
  • Assessed Improvements Value: $51,270

    Sales

  • Current Sale Contract Date: Sep 22, 2023
  • Current Sale Recording Date: Sep 27, 2023
  • Current Sale Transaction ID: 11913926883
  • Current Sale Price: $55,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 192589
  • Previous Sale Recording Date: Aug 25, 2010
  • Previous Sale Contract Date: Aug 25, 2010
  • Previous Sale Amount: $10,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: FLIPPIN LOAN LLC
  • First Mortgage Transaction Date: Sep 27, 2023
  • First Mortgage Loan Amount: $55,100
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Sep 21, 2024

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
946 ft²
$90/ft²
$84,900 Jan 8, 2024
-
-
House
2 Beds
1 Bath
638 ft²
$114/ft²
$72,500 Feb 12, 2024
-
-
Land
Loft
-
-
$85,000 Feb 26, 2024
-
-

About Central Louisville


Similar Homes for Sale

Unit for sale at 3143 Del Park Terrace, Louisville, KY 40211

$85,000

  • Land
3143 Del Park Terrace, Louisville, KY 40211 Listing by Remire Heinze
Unit for sale at 128 North 43rd Street, Louisville, KY 40212

$72,500

  • 2 Beds
  • 1 Bath
  • 638 ft²
128 North 43rd Street, Louisville, KY 40212 Listing by Ty Thomas
Unit for sale at 737 South 37th Street, Louisville, KY 40211

$84,900

  • 2 Beds
  • 1 Bath
  • 946 ft²
737 South 37th Street, Louisville, KY 40211 Listing by Jaime Delgado

Nearby Rentals

Unit for rent at 1323 Dixie Hwy, Louisville, KY, 40210

$1,400 /mo

  • 3 Beds
  • 2 Baths
  • 2,728 ft²
1323 Dixie Hwy, Louisville, KY, 40210 Listing by Anna Johnson
Unit for rent at 145 E Main Street, New Albany, IN, 47150

$1,350 /mo

  • 2 Beds
  • 1 Bath
  • 720 ft²
145 E Main Street #147 E Main Street Suite 201, New Albany, IN, 47150 Listing by Manager
Unit for rent at 121 N. 25th, Louisville, KY, 40212

$1,295 /mo

  • 4 Beds
  • 1 Bath
  • 1,341 ft²
121 N. 25th #121 N. 25th, Louisville, KY, 40212 Listing by Manager


Frequently Asked Questions

When was property at 3500 Herman Street built and last sold?
The property at 3500 Herman Street was built in 1930 and last sold on Sep 22, 2023 for $55,000.
How much is this home worth?
The estimated value of the home located at 3500 Herman Street is $93,530.
What are some comparable homes to 3500 Herman Street?
Homes that are comparable to 3500 Herman Street include a house property at 737 South 37th Street, 128 North 43rd Street, 3143 Del Park Terrace.

Quantcast