See Home Value
$73,154*
House - Off Market

501 Alger Ave

Louisville, KY 40214
bedrooms
2 Beds
bathrooms
1 Bath
square feet
784 Sqft
$60,000 - $70,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Feb 17, 2021
$73,000
Sold Jul 15, 2008
$57,500
$51,750 by Ctx Mortgage Company Llc
Mortgage Due Aug 01, 2038

About This Property

Perfect starter home or investment property! This well-maintained 2 bedroom, 1 full bath has a large eat-in kitchen with lots of cabinets for storage. The fully fenced-in back yard has open space for entertaining and is also secure for pets. Sellers added a privacy fence on the 'street' side of the property for more privacy.  The storage shed will remain.

The manager has listed the unit size as 784 square feet.
Unit Size
784Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$83
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1946

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jan 22, 2021 In contract -
In contract
Jan 20, 2021 Price Decreased $65,000
↓ $21K (24.3%)
Price Decreased
Nov 23, 2020 Listed $85,900
Listed

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 5,602
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 400
  • Total Building Area: 784
  • Building Area: 784
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 784
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE MEADOWS SUB
  • Land Acres: 0.129
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 111 THE MEADOWS SUBDIVISION, PB. 2, PG. 326, 0.1286 AC +/-

Ownership

  • Current Owner : KD SERVICES LLC
  • Previous Owner : KENWOOD HILL PROPERTIES LLC
  • Owner Before Previous Owner: JWS 1 LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 009001

Zoning

  • Zoning: R5-RESIDEN

Geography

  • Account Number: 00197491
  • District: 100023
  • Parcel: 12061L00620000
  • Lot: 111
  • Municipality: LOUISVILLE
  • Latitude: 38.1671
  • Longitude: -85.7724

    Address

  • Full Address: 501 Alger Ave
  • Address - House Number: 501
  • Address - Street Name: Alger
  • Address - Suffix Type: Ave
  • State: KY
  • City Name: Louisville
  • Carrier Code: C085
  • 4-Digit Zip Code: 2720
  • Zip Code: 40214

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $980
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.2583
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 114,941
  • High Value: 144,638
  • Low Value: 85,245

    Market Valuation

  • Market Total Value: $73,000
  • Market Land Value: $18,500
  • Market Improvement Value: $54,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,000
  • Assessed Land Value: $18,500
  • Assessed Improvements Value: $54,500

    Sales

  • Current Sale Contract Date: Feb 12, 2021
  • Current Sale Recording Date: Feb 17, 2021
  • Current Sale Transaction ID: 11827310781
  • Current Sale Price: $73,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021037948
  • Previous Sale Recording Date: Jul 15, 2008
  • Previous Sale Contract Date: Jul 11, 2008
  • Previous Sale Amount: $57,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CTX MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date: Jul 15, 2008
  • Previous Mortgage Loan Amount: $51,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2038



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Side


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at

$798 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
Listing by Manager
Unit for rent at

$785 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager
Unit for rent at

$800 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,674 ft²
Listing by Sheila Barrett


Frequently Asked Questions

When was property at 501 Alger Avenue built and last sold?
The property at 501 Alger Avenue was built in 1946 and last sold on Feb 12, 2021 for $73,000.
How much is this home worth?
The estimated value of the home located at 501 Alger Avenue is $67,857.
What are some comparable homes to 501 Alger Avenue?
There are currently no comparable homes to 501 Alger Avenue.

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