See Home Value
Louisville 40211 Chickasaw
727 Louis Coleman Jr Dr
$60,000 - $70,000
House - Off Market

727 Louis Coleman Jr Dr

Louisville, KY 40211
bedrooms
3 Beds
bathrooms
1.5 Baths, 1 Half Bath
square feet
1292 Sqft
Sold Feb 08, 2019
$23,900
Sold Feb 09, 2018
$35,000

About This Property

Looking for a solid 3 bedroom, 1 and a half bathroom investment property in the BOOMING city of Louisville, KY? Then look no further! This is your opportunity to walk into instant equity AND acquire a property already hitting the 1% rule with significant room to increase rents by over 30%! If that isn't enough to get you excited add in the fact that this zip code has appreciated ON AVERAGE 23.3% PER YEAR for the last 5 years and you have a recipe for significant upside going forward! You do NOT want to miss this opportunity-so schedule your showing TODAY before it's gone! This property can also be bundled with other properties, reach out to the listing agent for more information.

The manager has listed the unit size as 1292 square feet.
Unit Size
1,292Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$50
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1915

Price History

Date / Event Date Event Price
Feb 17, 2024 No longer available -
No longer available
Feb 11, 2024 In contract -
In contract
Nov 21, 2023 No longer available -
No longer available
Oct 13, 2023 Listed $65,000
Listed
Jul 9, 2017 Listed $20,000
Listed
Siding and Windows in great condition. The manager has listed the unit size as 1292 square feet.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Type: Full basement
  • Basement Area: 1,012
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,858
  • Total Building Area: 1,012
  • Building Area: 1,012
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,012
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEST MORELAND PLACE
  • Land Acres: 0.066
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 6 BLK G WESTMORELAND SUB PB. 1 PG. 88, 0.065 AC+/-, 30 X 85 IRREG

Ownership

  • Current Owner : BOLOTTE A
  • Current Owner 2: WESL LAND TRUST
  • Previous Owner : FAUREST MICHAEL
  • Owner Before Previous Owner: BEST KY RENTALS LLC
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 001100

Zoning

  • Zoning: R5-RESIDEN

Geography

  • Account Number: 01025631
  • District: 100023
  • Parcel: 06043G02620000
  • Block: G
  • Lot: 6
  • Municipality: LOUISVILLE
  • Latitude: 38.2488
  • Longitude: -85.8084

    Address

  • Full Address: 727 Louis Coleman Jr Dr
  • Address - House Number: 727
  • Address - Street Name: Louis Coleman Jr
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Louisville
  • Carrier Code: C070
  • 4-Digit Zip Code: 2801
  • Zip Code: 40211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $769
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.0885
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 92
  • Final Value: 62,154
  • High Value: 67,655
  • Low Value: 56,653

    Market Valuation

  • Market Total Value: $57,320
  • Market Land Value: $5,500
  • Market Improvement Value: $51,820

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,320
  • Assessed Land Value: $5,500
  • Assessed Improvements Value: $51,820

    Sales

  • Current Sale Contract Date: Feb 07, 2019
  • Current Sale Recording Date: Feb 08, 2019
  • Current Sale Transaction ID: 11568919350
  • Current Sale Price: $23,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019030177
  • Previous Sale Recording Date: Feb 09, 2018
  • Previous Sale Contract Date: Feb 09, 2018
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LCJD LAND TRUST
  • First Mortgage Transaction Date: Feb 08, 2019
  • First Mortgage Loan Amount: $7,420
  • First Mortgage Terms: 24
  • First Mortgage Loan Type: Stand Alone Second
  • First Mortgage Loan Due Date: Feb 01, 2021



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
1,210 ft²
$54/ft²
$65,000 Oct 13, 2023
-
-
House
2 Beds
1 Bath
616 ft²
$97/ft²
$60,000 Jan 12, 2024
-
-
House
4 Beds
1.5 Baths
2,460 ft²
$26/ft²
$65,000 Dec 8, 2023
-
-
House
4 Beds
2 Baths
2,661 ft²
$26/ft²
$69,900 Jan 11, 2024
-
-

About Central Louisville


Similar Homes for Sale

Unit for sale at 671 South 38th Street, Louisville, KY 40211

$69,900

  • 4 Beds
  • 2 Baths
  • 2,661 ft²
671 South 38th Street, Louisville, KY 40211 Listing by Travis Cox
Unit for sale at 3016 River Park Drive, Louisville, KY 40211

$65,000

  • 4 Beds
  • 1.5 Baths
  • 2,460 ft²
3016 River Park Drive, Louisville, KY 40211 Listing by WSG Homes

Nearby Rentals

Unit for rent at 2008 W Burnett Ave, Louisville, KY, 40210

$1,400 /mo

  • 4 Beds
  • 2 Baths
  • 1,400 ft²
2008 W Burnett Ave, Louisville, KY, 40210 Listing by Manager
Unit for rent at 2643 Dixdale Ave, Louisville, KY, 40210

$1,299 /mo

  • 4 Beds
  • 1 Bath
2643 Dixdale Ave #2643 Dixdale Ave, Louisville, KY, 40210 Listing by Manager
Unit for rent at 1609 S 31st Street, Louisville, KY, 40211

$1,350 /mo

  • 4 Beds
  • 1 Bath
  • 1,210 ft²
1609 S 31st Street, Louisville, KY, 40211 Listing by Manager


Frequently Asked Questions

When was property at 727 Louis Coleman Jr Drive built and last sold?
The property at 727 Louis Coleman Jr Drive was built in 1915 and last sold on Feb 7, 2019 for $23,900.
How much is this home worth?
The estimated value of the home located at 727 Louis Coleman Jr Drive is $70,880.
What are some comparable homes to 727 Louis Coleman Jr Drive?
Homes that are comparable to 727 Louis Coleman Jr Drive include a house property at 3016 River Park Drive, 671 South 38th Street, 3420 Del Park Terrace.

Quantcast