10 days on rocket

12986 E Orell Rd, Louisville, KY, 40272

$1,250,000

Home List Price

$10,000*

Closing Credit

0 Baths
19,160 SqFt
$65/SqFt
Condo
Schools Nearby

Location

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12986 E Orell Rd, Louisville$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
HeatingForced Air
MLS #1659177
StatusActive

About 12986 E Orell Rd

This 20 unit multifamily property is located minutes from Dixie Hwy./I-265, but has a quiet and rural feel. It is comprised of eight 2BR/1.5BA townhome units (separately metered for all utilities including water), eight large 1BR/1BA units, and four 2BR/1BA units. The large, 1.4 acre parcel includes off-street parking plus residual land with potential for additional buildings. The two-story townhomes also include walkout basements with washer/dryer hookups. Most tenants are long term and on MTM leases.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Living Area: 19,160 SqFt

Listing Office:

  • Office Name: PRG Commercial Property Advisors

Exterior Features

Exterior Information:

  • Exterior: None

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Valley High School, Public District Grades 9-12
  • Brown School, Public District Grades KG-12
  • Stuart Middle School, Public District Grades 6-8
  • Western Middle School, Public District Grades 6-8
  • Watson Lane Elementary School, Public District Grades PK-5
  • Lincoln Elementary Performing Arts, Public District Grades KG-5

Other

Directions Information:

  • Directions: Get on I-65 S 2 min (0.5 mi)  Follow I-65 S and KY-841 W/Gene Snyder Fwy to US-31W S/US-60 W. Exit from KY-841 W/Gene Snyder Fwy 19 min (20.4 mi)  Continue on US-31W S/US-60 W to your destination

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $65/SqFt

Tax Information:

  • Annual Amount: $236
  • 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

12986 E Orell Rd vs Louisville

10 DAYS ON ROCKET

-8 Days

$1,250,000

+$1.0M More

$65/SqFt

-$115 Less

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $115/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: #1659177

Listing Office:

  • Office Name: PRG Commercial Property Advisors

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: 5/3/2024, 6:20:38 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$236$20,410
2019$231$20,410
2018$214$20,410
2017$214$20,410

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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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-5508432
1
/10

  • Watson Lane Elementary School

  • 7201 Watson Ln

  • 1.00 miles

  • Public District Grades PK-5

school-card-donut-5508433
5
/10

  • Lincoln Elementary Performing Arts

  • 930 E Main St

  • 15.14 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5508434
1
/10

  • Stuart Middle School

  • 4601 Valley Station Rd

  • 3.51 miles

  • Public District Grades 6-8

school-card-donut-5508435
4
/10

  • Western Middle School

  • 2201 W Main St

  • 14.33 miles

  • Public District Grades 6-8

High School

school-card-donut-5508436
1
/10

  • Valley High School

  • 10200 Dixie Hwy

  • 2.92 miles

  • Public District Grades 9-12

school-card-donut-5508437
8
/10

  • Brown School

  • 546 S 1st St

  • 14.42 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 $41,223. Typical income of Louisville, KY residents is between $35k-100k annually. The majority of 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

Frequently Asked Questions About 12986 E Orell Rd

What is the listing price of this property?

The listing price of 12986 E Orell Rd property is $1,250,000.

What type of property is this?

The property 12986 E Orell Rd is a condo located in Louisville, Kentucky, 40272.

Is this property for sale now?

Active Listing: 12986 E Orell Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 12986 E Orell Rd are:
Watson Lane Elementary School: GreatSchools Rating 1/10
Lincoln Elementary Performing Arts: GreatSchools Rating 5/10
Stuart Middle School: GreatSchools Rating 1/10
Western Middle School: GreatSchools Rating 4/10
Valley High School: GreatSchools Rating 1/10
Brown School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $236 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 12986 E Orell Rd is 19,160 SqFt (source: MLS/tax record).

Rocket Homes›Kentucky›Jefferson County›Louisville›40272›12986 E Orell Rd

This home is located at 12986 E Orell Rd in Louisville, KY and zip code 40272. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $1,250,000.

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%. While the average time on the market in April 2024 was 18 days, the median list price was $245,988.

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

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