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Off market
  • $262,000

    309 E Market St Unit 501, Louisville, KY 40202

    1beds
    831sqft
    Condo
    Built in 1889
    -- sqft lot
    $262,000 Zestimate®
    $315/sqft
    $1,419 Estimated rent

    Home value

    $262,000

    $246,000 - $280,000

    $1,419/mo

    Zestimate® history
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    $1,909/mo

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    $1,909/mo

    Est. payment

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    What's special

    PRICE SLASHED BY OVER $50,000!! Pick your jaw up off the floor and get down to see this stunning condo. A DEAL LIKE THIS DOES NOT COME AROUND VERY OFTEN AND YOU DO NOT WANT TO MISS OUT! Unit 501 in the Mercantile Lofts offers THE. BEST. VIEW in the entire building (and likely in the entire city); and being located on the top floor means there is NO ONE above you. The Mercantile Lofts are truly something special; this building offers you some of the finest conveniences of downtown luxury living while experiencing urban living at its best with close proximity to all of downtowns hot spots that include KFC Yum! Center, the new LouCity FC soccer stadium, NULU, Louisville Slugger Stadium, Waterfront Park, Kentucky Arts Center and SO MUCH MORE! This condo provides a perfect blend of historic character with modern living; inside you will find stained concrete flooring, soaring ceilings, floor to ceiling windows (the light just pours in!), exposed (but painted) brick, an updated kitchen with solid wood cabinetry, stainless-steel appliances and granite countertops with barstool seating. There are numerous possibilities to provide comfortable seating options in the living areas (for a sectional couch, standard couch with side chairs, dining/cafe table, etc.); situated perfectly for entertaining and/or relaxing! The nicely-sized and updated bathroom comes with a walk-in ceramic tiled shower and full-height frameless glass doors. A full-sized washer and dryer is located inside the unit (that affords additional storage options as well). The Mercantile Lofts offer unparalleled amenities including a full gym/workout facility, fireplace with lounge/conference room, billiard and poker tables, library, secure outdoor courtyard green space with BBQ grills, a catering kitchen, bicycle garage, common laundry room, secure parking on site and a below ground storage unit. In addition, the building offers a state-of-the art security system. Do yourself a favor and schedule your showing today!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Laundry: Common Area, In Unit
    Features
    • Flooring: Other
    Interior area
    • Total interior livable area: 831 sqft
    • Finished area below ground: 0.00

    Property

    Parking
    • Parking features: Garage - Attached
    • Details: Off-Street Parking
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Exterior features: Other, Brick
    Lot
    • Size: 137.7 Acres
    • Features: Level, Sidewalk
    • Topography: Level
    Details
    • Parcel number: 04017Z05010000
    • Wooded area: 0

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    Materials
    • Wood
    • Roof: Other
    Condition
    • Year built: 1889

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Connected, Sewer Connected

    Community & HOA

    Community
    • Features: Fitness Center
    • Security: Security Service
    HOA
    • Has HOA: Yes
    • Amenities included: Security, Trash, Water, Fitness Center, Laundry, Elevator(s), Snow Removal, Maintenance Grounds, Additional Strg, Pets Allowed per Restrictions, Laundry Located in Unit, Sewer, Insurance, Maintenance, Rental Allowed
    • Services included: Snow Removal, Trash, Maintenance Grounds, Water, Sewer, Security, Exterior Maint., Mstr Ins
    • HOA fee: $294 monthly
    Location
    • Region: Louisville

    Financial & listing details

    • Price per square foot: $315/sqft
    • Tax assessed value: $248,000
    • Annual tax amount: $3,125

    Price history

    DateEventPrice
    10/13/2022Sold$248,000-6.4%$298/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1621178 Report a problem
    10/13/2022Pending sale$265,000$319/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1621178 Report a problem
    9/19/2022Contingent$265,000$319/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1621178 Report a problem
    9/1/2022Listed for sale$265,000+19.6%$319/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1621178 Report a problem
    1/17/2020Sold$221,500-3.1%$267/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1549296 Report a problem
    1/13/2020Pending sale$228,500$275/sqft
    Source: Kentucky Select Properties #1549296 Report a problem
    12/10/2019Price change$228,500-19.1%$275/sqft
    Source: Kentucky Select Properties #1549296 Report a problem
    8/24/2019Price change$282,500-4.2%$340/sqft
    Source: Kentucky Select Properties #1549296 Report a problem
    4/4/2019Price change$294,900-1.7%$355/sqft
    Source: Wakefield Reutlinger REALTORS #1525980 Report a problem
    3/6/2019Listed for sale$300,000+11.5%$361/sqft
    Source: Wakefield Reutlinger REALTORS #1525980 Report a problem
    7/29/2013Sold$269,000$324/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,125 -1.9%$248,000
    2024$3,184 -4.3%$248,000
    2023$3,328 +35.2%$248,000 +12%
    2022$2,462 -7.8%$221,500
    2021$2,668 -27.8%$221,500 -17.7%
    2020$3,696 $269,000
    2019$3,696 +3.8%$269,000
    2018$3,562 $269,000
    2017$3,562 +107.1%$269,000 +56.4%
    2013$1,720 $172,020
    Find assessor info on the county website

    Neighborhood: Central Business District

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Jefferson

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $262,000
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    With Zillow Showcase(estimated)
    $267,240