14 days on rocket

5737 S Watterson Trl, Louisville, KY, 40291

$1,500,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 2 Partial
2,251 SqFt
$666/SqFt
House
Schools Nearby

Location

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5737 S Watterson Trl, Louisville$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2 Car Carport, Attached, Entry Front, Driveway
Attached Garage2 spaces
Year Built1966
HeatingElectric, Heat Pump
CoolingCentral Air
ViewSee Remarks, Trees/Woods
MLS #1660821
Lot Size6.03 Acres
StatusActive

About 5737 S Watterson Trl

Incredible rare find in the heart of Fern Creek! Over 6 rolling creek side acres than includes a rare opportunity with 5 homes one property. Great for Investor, or someone looking for a great Airbnb opportunity with some work and planning. 2 of the 5 homes are currently rented, and 1 is owner occupied. The details of this listing relates to owner occupied Owner's residence. (home #1) --Home #5 has great history, parts of which date back to the 1800's, with beautiful stone, original wood trim, a 1-2 br, 1 bath home with a 1 car garage, central air. Home # 4 is 2 br, 1bth, central air, 1 car garage ( former office of the honorable order of KY colonels), Home #3 currently rented 2 br, 1 bath, cathedral ceiling, central air, storage and currently rented at 825 month (could be raised). Home #2 1 bedroom, 1 bath, central air and currently rented. Strategic Location: Business and Pleasure Situated a mere six miles from the Watterson Expressway and three miles from the Gene Synder, the estate offers easy access to the city while providing a tranquil country setting in the middle of bustling Fern Creek. It's an ideal spot for corporate retreats, offering businesses a unique venue for team-building and strategy sessions in a peaceful environment. These homes, dating back to the late 1800s, offer guests a chance to step back in time. Whether utilized for themed vacation rentals, long-term leases, or as intimate business retreats, these cottages provide a steady stream of income with their charm and historical significance. Diverse Revenue Streams: Your Financial Foothold With five separate homes on the property, the estate is a multi-faceted investment that can cater to various market needs. From short-term vacation stays to long-term rentals, the potential for revenue is as vast as the estate itself. Natural Haven: A Wildlife Retreat The property's rolling hills and creek are not just a backdrop but a sanctuary for deer and other wildlife, adding to the allure for guests and residents alike. This natural setting provides a picturesque escape from the hustle and bustle of city life. A Rare Opportunity: Invest in a Legacy 5737 S Watterson Trail is more than an estate; it's a piece of history, a business venture, and a personal retreat all in one. This estate is not just a collection of homes; it's a community, a destination, and a lifestyle. Make 5737 S Watterson Trail the cornerstone of your investment portfolio and watch as it grows into a prosperous future.

Property Details

Property Features

Property Information:

  • Year Built: 1966
  • Stories: 2
  • Living Area: 2,251 SqFt

Listing Office:

  • Office Name: RE/MAX Premier Properties

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: See Remarks, Trees/Woods
  • Exterior: See Remarks, Patio, Screened in Porch, Porch, Creek

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: 2 Car Carport, Attached, Entry Front, Driveway

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, See Remarks, Cleared, Dead End Street, Irregular Lot, Wooded
  • Lot Size: 6.03 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Fern Creek Traditional High School, Public District Grades 9-12
  • Brown School, Public District Grades KG-12
  • Newburg Middle School, Public District Grades 6-8
  • Western Middle School, Public District Grades 6-8
  • Fern Creek Elementary School, Public District Grades KG-5
  • Lincoln Elementary Performing Arts, Public District Grades KG-5

Other

Directions Information:

  • Directions: Bardstown Rd to Hurstbourne ln to street Pass the hidden entrance sign from Hurstbourne Ln. and enter the property on the right side of the road, across the bridge going over the creek.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $666/SqFt

Tax Information:

  • Annual Amount: $6,765
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Louisville, KY.

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Louisville, KY

City

Med. Sold Price

$245.9K

Med. Price/SqFt

$179

Avg. Days On Market

18

# of Sold Homes

754

5737 S Watterson Trl vs Louisville

14 DAYS ON ROCKET

-4 Days

$1,500,000

+$1.2M More

$666/SqFt

+$486 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $486/SqFt more than other homes in Louisville, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
  • MLS Number: #1660821

Listing Office:

  • Office Name: RE/MAX Premier Properties

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 12:50:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 02, 2009Home Sold
$600,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,765$574,770
2019$6,229$574,770
2018$6,032$574,770
2017$6,032$574,770

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4163127
1
/10

  • Fern Creek Elementary School

  • 8815 Ferndale Rd

  • 1.32 miles

  • Public District Grades KG-5

school-card-donut-4163128
4
/10

  • Lincoln Elementary Performing Arts

  • 930 E Main St

  • 8.83 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4163129
2
/10

  • Newburg Middle School

  • 4901 Exeter Ave

  • 2.95 miles

  • Public District Grades 6-8

school-card-donut-4163130
3
/10

  • Western Middle School

  • 2201 W Main St

  • 11.35 miles

  • Public District Grades 6-8

High School

school-card-donut-4163131
3
/10

  • Fern Creek Traditional High School

  • 9115 Fern Creek Rd

  • 1.44 miles

  • Public District Grades 9-12

school-card-donut-4163132
10
/10

  • Brown School

  • 546 S 1st St

  • 9.43 miles

  • Public District Grades KG-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,242. Typical income of Louisville, KY residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5737 S Watterson Trl

What is the listing price of this property?

The listing price of 5737 S Watterson Trl property is $1,500,000.

What type of property is this?

The property 5737 S Watterson Trl is a house located in Louisville, Kentucky, 40291.

Is this property for sale now?

Active Listing: 5737 S Watterson Trl is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5737 S Watterson Trl are:
Fern Creek Elementary School: GreatSchools Rating 1/10
Lincoln Elementary Performing Arts: GreatSchools Rating 4/10
Newburg Middle School: GreatSchools Rating 2/10
Western Middle School: GreatSchools Rating 3/10
Fern Creek Traditional High School: GreatSchools Rating 3/10
Brown School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,765 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 2, 2009 for $600,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5737 S Watterson Trl has 4 bedrooms and 3 full and 2 half bathrooms.

What is the square footage of this property?

The property 5737 S Watterson Trl is 2,251 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5737 S Watterson Trl is 1966.

Rocket Homes›Kentucky›Jefferson County›Louisville›40291›5737 S Watterson Trl

This home is located at 5737 S Watterson Trl in Louisville, KY and zip code 40291 in the Fern Creek neighborhood. This 2,251 square foot home, which was built in 1966, sits on a 6.03 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $1,500,000.

Over 237 listings were sold over their listed price in April 2024 in Louisville, KY. In the same period over 318 listings were sold below the listed price and 199 listings were sold for the listed price. The inventory of homes for sale in Louisville, KY between March 2024 and April 2024 increased by 3.6%. In April 2024, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $245,988.

From Rocket Homes Real Estate and based on county public records data.

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