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Sold for $93,000
  • $93,000

    2505 Magazine St, Louisville, KY 40211

    3beds
    1,010sqft
    Single Family Residence
    Built in 1997
    3,484 Square Feet Lot
    $99,000 Zestimate®
    $92/sqft
    $1,268 Estimated rent

    Home value

    $99,000

    $86,000 - $111,000

    $1,268/mo

    Zestimate® history
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    $1,268/mo

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    $464/mo

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    What's special

    Prime Investment Opportunity - 2505 Magazine St | 3BD/1BA | Over 1,000 Sq Ft This 3-bedroom, 1-bath home offers over 1,000 sq ft of living space and is an ideal investment for those looking to maximize rental income. Located in a rapidly growing area, this property has strong potential for Section 8 tenants, with fair market rent significantly above the 1% rule for similar homes. Priced to sell at just $95,000, this is an excellent opportunity to secure a high-performing asset with strong cash flow. Key Features: -Over 1,000 sq ft of well-maintained living space -Section 8 potential with fair market rents offering excellent income opportunities -Easily meets the 1% rule, ensuring a solid return on investment -Priced competitively at $95,000, making it an attractive option for investors Whether you're an investor looking to expand your portfolio or a buyer searching for an affordable property with great growth potential, this home offers everything you need. Act fastthis opportunity won't be on the market for long!

    Zillow last checked:

    Listing updated:

    Listed by:

    Desmond Martin 502-553-3296,

    Martin Elite Realty Company

    Bought with:

    Desmond Martin, 276420

    Martin Elite Realty Company

    Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1669678MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: First
    Bedroom
    • Level: First
    Bedroom
    • Level: First
    Primary bathroom
    • Level: First
    Kitchen
    • Level: First
    Laundry
    • Level: First
    Living room
    • Level: First
    Features
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 1,010
    • Total interior livable area: 1,010 sqft
    • Finished area above ground: 1,010
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Off Street, Entry Rear, Driveway
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Fencing: Partial
    Lot
    • Size: 3,484 Square Feet
    Details
    • Parcel number: 001B00260000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding, Wood Frame
    • Foundation: Crawl Space
    • Roof: Shingle
    Condition
    • Year built: 1997

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Louisville

    Financial & listing details

    • Price per square foot: $92/sqft
    • Tax assessed value: $68,000
    • Annual tax amount: $873
    • Date on market: 9/4/2024

    Price history

    DateEventPrice
    11/1/2024Sold$93,000-2.1%$92/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1669678 Report a problem
    10/22/2024Pending sale$94,999$94/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1669678 Report a problem
    9/6/2024Price change$94,9990%$94/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1669678 Report a problem
    9/4/2024Listed for sale$95,000+39.7%$94/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1669678 Report a problem
    8/31/2021Sold$68,000+126.7%$67/sqft
    Source: Public Record Report a problem
    5/26/2021Sold$30,000$30/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$873 -4.3%$68,000
    2023$913 -1.3%$68,000
    2022$925 +96.7%$68,000 +109.7%
    2021$470 +5.5%$32,430
    2020$446 $32,430
    2019$446 +37.8%$32,430 +32.8%
    2018$323 $24,420
    2017$323 +1.2%$24,420
    2013$319 -11.8%$24,420 -32.6%
    2011$362 -12.5%$36,220 -12.5%
    2010$414 $41,380
    2009$414 $41,380 -26.3%
    2007-- $56,120
    2006-- $56,120
    2005-- $56,120 -10.5%
    2004-- $62,700
    Find assessor info on the county website

    Neighborhood: Russell

    Nearby schools

    GreatSchools rating
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