1 month on rocket

1345 S 3rd St, Louisville, KY, 40208

$735,000

Home List Price

$8,728*

Closing Credit

0 Baths
5,235 SqFt
$140/SqFt
Condo
Schools Nearby

Location

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1345 S 3rd St, Louisville$735,000

Buyer Closing Credits

$8,728*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1880
HeatingForced Air, Natural Gas, Other
CoolingWall/Window Unit(s)
MLS #1655870
Lot Size0.04 Acres
StatusActive

About 1345 S 3rd St

Investors Take Note. 1880 Victorian in the heart of Old Louisville offers 5235 Sq. Ft. graciously divided into 6 fully renovated apartments. With total rents of $5,705, minus expenses the cap rate falls right around 7.5%. All units have recently been renovated with new electrical, separate meters, most all new plumbing, kitchens and baths. You will find maple kitchen cabinetry, granite countertops, fully equipped kitchens with new appliances including dishwashers, refrigerators, gas cooktops and ovens. The bathrooms have all been renovated too and shine with tile flooring and tub and shower surrounds in white subway tile with accents. Oak & Pine wood flooring throughout most of the units along with some exposed brick accent walls. Recent updates include rebuilt front porch structure, new concrete porch stoop and sidewalk, handrails, box gutter tune-up, soffit & cornice repairs and paint, rebuilt fire escape.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1880
  • Living Area: 5,235 SqFt

Listing Office:

  • Office Name: RE/MAX 100

Exterior Features

Exterior Information:

  • Exterior: Porch

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas, Other
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: From I-65 take St. Catherine to left (South) on S. 3rd St. (Millionaires Rd.) Property is between Park Ave. and Magnolia on the East side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $735,000
  • Price Per SqFt: $140/SqFt

Tax Information:

  • Annual Amount: $4,328
  • 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

1345 S 3rd St vs Louisville

53 DAYS ON ROCKET

$735,000

+$489.8K More

$140/SqFt

-$39 Less

KEY TAKEAWAY

This property is $489.8K more than the Median Sold Price and $39/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: #1655870

Listing Office:

  • Office Name: RE/MAX 100

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: 4/27/2024, 9:20:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 24, 2017Home Sold
$315,000
Aug 13, 2007Home Sold
$262,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,328$315,000
2019$4,225$315,000
2018$3,777$315,000
2017$3,777$289,800

History based on county public records data.

Payment Calculator

$3,736

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,270

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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-1646864
3
/10

  • Wheatley Elementary School

  • 1107 S 17th St

  • 1.45 miles

  • Public Magnet Grades PK-5

school-card-donut-1646865
5
/10

  • Lincoln Elementary Performing Arts

  • 930 E Main St

  • 2.06 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1646866
4
/10

  • Western Middle School

  • 2201 W Main St

  • 2.57 miles

  • Public District Grades 6-8

school-card-donut-1646867
3
/10

  • Highland Middle School

  • 1700 Norris Pl

  • 2.90 miles

  • Public District Grades 6-8

High School

school-card-donut-1646868
8
/10

  • Brown School

  • 546 S 1st St

  • 1.36 miles

  • Public District Grades KG-12

school-card-donut-1646869
1
/10

  • Iroquois High School

  • 4615 Taylor Blvd

  • 4.14 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 $20,457. Typical income of Louisville, KY residents is less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1345 S 3rd St

What is the listing price of this property?

The listing price of 1345 S 3rd St property is $735,000.

What type of property is this?

The property 1345 S 3rd St is a condo located in Louisville, Kentucky, 40208.

Is this property for sale now?

Active Listing: 1345 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 1345 S 3rd St are:
Wheatley Elementary School: GreatSchools Rating 3/10
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
Iroquois 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 $4,328 (source: MLS/based on county public records data).

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

The last sale was on July 24, 2017 for $315,000. (source: MLS/tax record).

What is the square footage of this property?

The property 1345 S 3rd St is 5,235 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1345 S 3rd St is 1880.

Rocket Homes›Kentucky›Jefferson County›Louisville›40208›1345 S 3rd St

This home is located at 1345 S 3rd St in Louisville, KY and zip code 40208 in the Old Louisville neighborhood. This 5,235 square foot home, which was built in 1880, sits on a 0.04 acre lot. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $735,000.

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. Between February 2024 and March 2024, Louisville, KY real estate market has seen increase in the number of listings by 6.7%.

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

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