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Sold for $378,000
  • $378,000

    503 Wallace Ave, Saint Matthews, KY 40207

    3beds
    2,320sqft
    Single Family Residence
    Built in 1941
    6,534 Square Feet Lot
    $387,900 Zestimate®
    $163/sqft
    $2,387 Estimated rent

    Home value

    $387,900

    $369,000 - $407,000

    $2,387/mo

    Zestimate® history
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    What's special

    Lovely fireplaceCozy breakfast nookDetached one-car garageSpacious kitchenWine coolerTwo comfortable bedroomsFull wet bar
    Welcome to 503 Wallace Avenue, a charming Cape Cod nestled in the heart of St. Matthews, just moments from the area's most popular shops, restaurants, and everyday conveniences. This beautifully maintained home offers 3 bedrooms**, 2 full baths, and 1 half bath, along with a fully finished basement designed for entertaining and everyday living. Step inside to a warm and inviting family room featuring a lovely fireplace and a picturesque bay window overlooking the front yard. Just beyond the main living area, you'll find a spacious kitchen complete with a cozy breakfast nook, perfect for casual dining and morning coffee. Off the kitchen is a versatile mudroom/office space with direct access to the rear yard, driveway, detached garage, and covered carport. The remainder of the first floor includes two comfortable bedrooms and a beautifully appointed hall bath. Upstairs, you'll find the space currently utilized as the primary suite**, offering a peaceful retreat with two generous closets and a full bath. The fully finished basement creates the ultimate recreational space for family and friends, featuring a full wet bar, wine cooler, and ample room for gatherings, movie nights, or game days. A cozy gas fireplace anchors the rear corner across from the wet bar, complete with TV hookups above for the perfect entertainment setup. Tucked beneath the stairs, you'll also find an adorable play nook that adds both charm and functionality. The basement additionally offers excellent storage space alongside the laundry area. Outside, enjoy the wonderful rear yard complete with a stone fire pit area ideal for relaxing and entertaining year-round. The property also includes a detached one-car garage and covered carport for additional parking and storage. Conveniently located near downtown St. Matthews, this home perfectly blends classic Cape Cod charm with modern functionality and exceptional entertaining spaces. **Please note: The second-floor space (approximately 301 sqft) is considered nonconforming by the appraiser that measured the property. However, the current owners have utilized this area as a third bedroom/primary suite.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mac Barlow,

    Kentucky Select Properties,

    John A Stough 502-271-5000

    Bought with:

    Carol Weber, 210683

    Louisville Realty Group

    Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1718743MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Second
    Bedroom
    • Level: First
    Bedroom
    • Description: Eat in Kitchen
    • Level: First
    Bedroom
    • Level: First
    Primary bathroom
    • Level: Second
    Full bathroom
    • Level: First
    Half bathroom
    • Level: Basement
    Family room
    • Level: Basement
    Kitchen
    • Level: First
    Laundry
    • Level: Basement
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Features
    • Basement: Partially Finished
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,359
    • Total interior livable area: 2,320 sqft
    • Finished area above ground: 1,359
    • Finished area below ground: 660

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Entry Rear, Driveway
    • Garage spaces: 1
    • Carport spaces: 1
    • Covered spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Fencing: Chain Link
    Lot
    • Size: 6,534 Square Feet
    • Dimensions: < 1/4 ACRE
    • Features: Sidewalk, Level
    Details
    • Additional structures: Garage(s)
    • Parcel number: 22041500430000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • Year built: 1941

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & HOA

    Community
    • Subdivision: Breckenridge Villa
    HOA
    • Has HOA: No
    Location
    • Region: Saint Matthews

    Financial & listing details

    • Price per square foot: $163/sqft
    • Tax assessed value: $374,220
    • Annual tax amount: $4,173
    • Date on market: 5/28/2026
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    7/22/2026Sold$378,000-1.8%$163/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1718743 Report a problem
    6/4/2026Contingent$385,000$166/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1718743 Report a problem
    5/28/2026Listed for sale$385,000+40.6%$166/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1718743 Report a problem
    6/17/2024Listing removed--
    Source: Zillow Rentals Report a problem
    6/10/2024Listed for rent$2,250$1/sqft
    Source: Zillow Rentals Report a problem
    8/23/2016Sold$273,900-0.4%$118/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1453428 Report a problem
    7/21/2016Listed for sale$275,000+65.2%$119/sqft
    Source: Keller Williams - Louisville East #1453428 Report a problem
    4/29/2005Sold$166,500$72/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,173 +24.1%$374,220 +27.8%
    2023$3,362 -0.3%$292,860
    2022$3,374 -7.2%$292,860
    2021$3,636 +14.7%$292,860 +6.9%
    2020$3,169 $273,900
    2019$3,169 +3.3%$273,900
    2018$3,069 $273,900
    2017$3,069 +55.2%$273,900 +38.5%
    2013$1,978 $197,750
    2011$1,978 $197,750
    2010$1,978 +18.8%$197,750 +18.8%
    2009$1,665 $166,500
    2007-- $166,500
    2006-- $166,500 +22.4%
    2005-- $136,070
    2004-- $136,070
    Find assessor info on the county website

    Neighborhood: Saint Matthews

    Nearby schools

    GreatSchools rating
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