See Home Value
$195,136*
House - Off Market

4114 S 3rd St

Louisville, KY 40214
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1596 Sqft
$157,000 - $191,000
Reference Base Price*
11.51%
Since Dec 1, 2021
National-US
Primary Model
Sold Jun 01, 2018
$44,200

About This Property

Investor opportunity. Rental property renovated 2018 through 2021. Granite countertops.  NEW white shaker cabinets, stainless steel appliances. Tile flooring throughout entire interior.  NEW bathrooms.  Current rent is $2,000 per month. $2,000 deposit. 1 year lease.  Lease expires July 2022. Tenants pay all utilities. At the list price it produces a very strong 11.6% CAP rate. If financed with 20% down/20 yr AM at 3.25% it produces $10,209.55 positive cash flow and a HUGE 29% cash on cash return.  NEW hot water heater 2019.  NEW furnace 2019. NEW A/C 2019.  NEW roof 2021

The manager has listed the unit size as 1596 square feet.
Unit Size
1,596Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$110
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1900

Price History

Date / Event Date Event Price
Nov 18, 2021 No longer available -
No longer available
Oct 27, 2021 Listed $174,999
Listed
Sep 22, 2021 No longer available -
No longer available
Sep 15, 2021 Relisted $175,000
Relisted
Sep 8, 2021 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Metal
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 5,001
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,596
  • Building Area: 1,596
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,596
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKDALE
  • Land Acres: 0.115
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: 0.1148 AC+/- WS S 3RD ST 175 FT S OF EVELYN ST

Ownership

  • Current Owner : M & T EQUITY
  • Previous Owner : LI CHIN DAVID

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 004100

Zoning

  • Zoning: R6-RESIDEN

Geography

  • Account Number: 00152705
  • District: 100023
  • Parcel: 12055G00750000
  • Municipality: LOUISVILLE
  • Latitude: 38.1962
  • Longitude: -85.7655

    Address

  • Full Address: 4114 S 3rd St
  • Address - House Number: 4114
  • Street Direction: S
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: KY
  • City Name: Louisville
  • Carrier Code: C055
  • 4-Digit Zip Code: 1618
  • Zip Code: 40214

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,946
  • Intital Tax Deliquent Year: 2014
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.0885
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 92
  • Final Value: 171,495
  • High Value: 186,673
  • Low Value: 156,318

    Market Valuation

  • Market Total Value: $145,000
  • Market Land Value: $10,000
  • Market Improvement Value: $135,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,000
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $135,000

    Sales

  • Current Sale Contract Date: May 17, 2018
  • Current Sale Recording Date: Jun 01, 2018
  • Current Sale Transaction ID: 11468865890
  • Current Sale Price: $44,200
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018126132

    Last Sale Mortgage

  • First Mortgage Lender: SUREPOINT EQUITY LLC
  • First Mortgage Transaction Date: Jun 01, 2018
  • First Mortgage Loan Amount: $79,330
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 17, 2019



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3 Baths
1,973 ft²
$99/ft²
$195,000 Mar 25, 2023
-
-
House
3 Beds
2 Baths
1,100 ft²
$132/ft²
$145,000 Mar 20, 2023
-
-
House
3 Beds
2 Baths
1,008 ft²
$146/ft²
$147,500 Feb 14, 2023
-
-
House
3 Beds
1 Bath
925 ft²
$163/ft²
$151,000 Feb 1, 2023
-
-
House
2 Beds
1 Bath
864 ft²
$162/ft²
$140,000 Apr 7, 2023
-
-

About South Side


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Frequently Asked Questions

When was property at 4114 South 3rd Street built and last sold?
The property at 4114 South 3rd Street was built in 1900 and last sold on May 17, 2018 for $44,200.
How much is this home worth?
The estimated value of the home located at 4114 South 3rd Street is $179,834.
What are some comparable homes to 4114 South 3rd Street?
There are currently no comparable homes to 4114 South 3rd Street.

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