2 months on rocket

1238 S 3rd St, Louisville, KY, 40203

$500,000

Home List Price

$5,938*

Closing Credit

10 Bedrooms
5 Full Baths
6,400 SqFt
$78/SqFt
House
Schools Nearby

Location

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1238 S 3rd St, Louisville$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff-Street Parking
Year Built1903
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #1653195
Lot Size0.21 Acres
StatusActive

About 1238 S 3rd St

This Victorian gem is ready to be brought back to life! Complete with an updated two-apartment carriage house, potential springs from this Old Louisville mansion - from the beautiful woodwork to the elegant floor plan. From the entrance hall, one notices the ornate fireplaces and the stunning staircase which twists its way up to the third floor. Awaiting restoration sits the main house, 4,928 square feet with 8 bedrooms and 11 fireplaces. The TNZD zoning district allows for residential, commercial, and mixed use occupancy. Check with Metro Zoning and Planning for your exact use. The most recent investments in the property are the copper roof, rebuilding of the rear of the main house with porches, and renovating the 2 apartment units in the carriage house, all dating around 15 years ago Property is being sold in AS-IS condition, the Seller and agents do not warranty or guarantee the condition or potential use of any part of the property. Potential commercial use. Investors, take note!

Property Details

Property Features

Property Information:

  • Year Built: 1903
  • Stories: 3
  • Living Area: 6,400 SqFt

Listing Office:

  • Office Name: Housing Associates

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • Exterior: Porch, Balcony

Parking Information:

  • Attached Garage: No
  • Parking: Off-Street Parking

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Brown School, Public District Grades KG-12
  • Jeffersontown High School, Public Magnet Grades 9-12
  • Western Middle School, Public District Grades 6-8
  • Highland Middle School, Public District Grades 6-8
  • Engelhard Elementary School, Public District Grades PK-5
  • Lincoln Elementary Performing Arts, Public District Grades KG-5

Other

Directions Information:

  • Directions: S. 3rd St between Oak and Ormsby

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
  • Price Per SqFt: $78/SqFt

Tax Information:

  • Annual Amount: $5,723
  • 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

$245.1K

Med. Price/SqFt

$178

# of Sold Homes

701

1238 S 3rd St vs Louisville

87 DAYS ON ROCKET

$500,000

+$254.8K More

$78/SqFt

-$101 Less

KEY TAKEAWAY

This property is $254.8K more than the Median Sold Price and $101/SqFt less 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: #1653195

Listing Office:

  • Office Name: Housing Associates

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: 4/19/2024, 6:20:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,723$416,470
2019$5,586$416,470
2018$4,613$353,920
2017$4,613$353,920

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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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-678296
2
/10

  • Engelhard Elementary School

  • 1004 S 1st St

  • 0.42 miles

  • Public District Grades PK-5

school-card-donut-678297
5
/10

  • Lincoln Elementary Performing Arts

  • 930 E Main St

  • 1.93 miles

  • Public District Grades KG-5

Middle School

school-card-donut-678298
4
/10

  • Western Middle School

  • 2201 W Main St

  • 2.41 miles

  • Public District Grades 6-8

school-card-donut-678299
3
/10

  • Highland Middle School

  • 1700 Norris Pl

  • 2.97 miles

  • Public District Grades 6-8

High School

school-card-donut-678300
8
/10

  • Brown School

  • 546 S 1st St

  • 1.18 miles

  • Public District Grades KG-12

school-card-donut-678301
1
/10

  • Jeffersontown High School

  • 9600 Old Six Mile Ln

  • 9.92 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,369. The majority of Louisville, KY residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Old Louisville, Louisville

What type of housing is available in Old Louisville, Louisville?

In Old Louisville, roughly 40% of dwellings are large apartment buildings, while the remainder are mainly small apartment buildings and single detached homes. This area is primarily composed of two bedroom and one bedroom homes. Around 80% of the population of this neighborhood rent their home and owners make up the remainder. Most housing in this part of the municipality was built pre-1960, during its largest construction boom.

Is Old Louisville, Louisville a good place to live?

Despite the somewhat busy feel, there are a lot of green spaces to enjoy in Old Louisville. There are a few green spaces close by for residents to check out, like Memorial Park and Central, and they are very well-spread out, which makes it easy to access them. This neighborhood is a good area for those who aren't bothered by some noise, since during rush hour, traffic can occasionally be bothersome, although there are still several quieter pockets.

Are things conveniently located in Old Louisville, Louisville?

It is a short walk to access both primary and secondary schools from anywhere in Old Louisville. Residents have the choice between public and private high schools. With respect to eating, the closest supermarket in this part of the municipality is generally only a very short walk away. Moreover, those who are fond of dining in restaurants or cafes will have a fair number of opportunities in Old Louisville.

What does the transportation in Old Louisville, Louisville look like?

This neighborhood will appeal to physically active home buyers because it is quite conducive to those who travel by foot; meeting daily needs is easy by walking, and a fair number of businesses of different types can be found as well. This part of Louisville is not especially transit friendly. Nevertheless, the neighborhood is served by a few bus lines, and most residences are very close to a bus stop. In contrast, getting around by car is straightforward in Old Louisville. Coming across a place to park is quite easy, and many houses for sale are a very short drive from the nearest highway, such as Interstate 65.

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Frequently Asked Questions About 1238 S 3rd St

What is the listing price of this property?

The listing price of 1238 S 3rd St property is $500,000.

What type of property is this?

The property 1238 S 3rd St is a house located in Louisville, Kentucky, 40203.

Is this property for sale now?

Active Listing: 1238 S 3rd St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1238 S 3rd St are:
Engelhard Elementary School: GreatSchools Rating 2/10
Lincoln Elementary Performing Arts: GreatSchools Rating 5/10
Western Middle School: GreatSchools Rating 4/10
Highland Middle School: GreatSchools Rating 3/10
Brown School: GreatSchools Rating 8/10
Jeffersontown High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,723 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1238 S 3rd St has 10 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 1238 S 3rd St is 6,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1238 S 3rd St is 1903.

Rocket Homes›Kentucky›Jefferson County›Louisville›40203›1238 S 3rd St

This home is located at 1238 S 3rd St in Louisville, KY and zip code 40203 in the Old Louisville neighborhood. This 6,400 square foot home, which was built in 1903, sits on a 0.21 acre lot. Features: 10 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 23, 2024 and is currently priced at $500,000.

In March 2024, from all listings sold in Louisville, KY there were more than 192 sold above asking price, over 317 sold below and more than 192 were sold right at the asked price. In March 2024 in Louisville, KY there were 6.7% more homes for sale than in February 2024.

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

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