20 days on rocket

Sale Pending

500 Fairfield Dr, Louisville, KY, 40206

$2,295,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
6,575 SqFt
$349/SqFt
House
Schools Nearby

Location

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500 Fairfield Dr, Louisville$2,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Entry Side, Driveway
Attached Garage4 spaces
Year Built1937
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #1658093
Lot Size1.03 Acres
StatusSale Pending
(Pending)

About 500 Fairfield Dr

Nestled on a picturesque corner lot of one of Louisville's most desirable streets, this colonial Cherokee Gardens masterpiece has been tastefully modernized, offering a completely move-in ready retreat that still preserves the historic character and glamour that Cherokee Gardens is renowned for. Featuring over an acre of mature trees and rolling lawn, this brick estate home offers a privacy and scale that rarely comes available in the neighborhood, becoming only the second public offering with such acreage in the last five years. Since their initial purchase, the current owners have invested countless improvements into the home, including an extensive kitchen remodel, primary bathroom remodel, new roof, addition of 650+ sq. ft of above grade finish, and much more. Featuring nearly 8,000 sq. ft of total finished square footage, the home has been designed for gracious living and easy entertaining, featuring two first floor living rooms, extensively remodeled sunroom opening to the newly added limestone patio, formal dining room, and spacious eat-in kitchen with windowed breakfast room. Past a columned front entry, guests first arrive into the welcoming foyer of the home, featuring newly added wainscoting, designer wallpaper, and sleek hardwood floors that continue throughout the first floor. An incredible living room immediately greets guests, featuring expansive windows overlooking the scenic front lawn, elegant wood panel detail, and fireplace. The living room folds into the newly remodeled sunroom featuring brand new windows and doors accessing the limestone patio and outdoor dining area, new wallpaper, and designer carpeting. The first floor continues with an impressive formal dining room centered upon a stunning bay window overlooking the treed backyard before opening into the heart of the home: a spacious eat-in kitchen with adjoining breakfast room and hearth room. Adding a modernity to the original floor plan, the gourmet eat-in kitchen has been beautifully updated to feature quartzite countertops, stainless steel appliances, floor-to-ceiling cabinetry, walk-in pantry, and expansive eat-in island. Off the kitchen, the windowed breakfast room and cozy hearth room with fireplace provide the perfect place to gather and relax. A handsome wood panel study with fireplace, oversize powder room, and 4-car attached garage complete the first floor. Accessible by two stairwells, the second floor features the primary bedroom suite of the home: a stunning homeowner's retreat including spacious bedroom with fireplace and newly remodeled primary bathroom with chic wallpaper, designer light fixtures, dual vanities, and oversize walk-in shower. The primary suite continues with an incredible attached study with expansive windows and natural light, perfect for a second home office or private living area. A gracious walk-in closet with custom built-ins completes the primary suite. The second floor also features a spacious bedroom with en-suite bath and walk-in closet, third large bedroom, full bath with dual vanities, and fourth bedroom with walk-in closet and private sitting area. A large laundry room adds a thoughtful convenience to the second floor layout. The third floor features over 650 sq. ft of newly finished living space by the current owners, making it the perfect family room, quiet home office, or oversize playroom for the next owners. The lower level of the home features a 4th full bathroom, oversize craft/hobby room with fireplace detail, and plenty of room for additional storage. The home's exterior is as impressive as the interior, offering new limestone patio addition with entertaining space and outdoor dining area, extensive landscaping with stunning mature trees for added privacy, and spacious flat backyard, perfect for the easy addition of a pool in the future. A rare offering for the neighborhood, this home is not to be missed. Please review the full list of improvements and upgrades for more information on the home's numerous updates.

Property Details

Property Features

Property Information:

  • Year Built: 1937
  • Stories: 2
  • Living Area: 6,575 SqFt

Listing Office:

  • Office Name: Lenihan Sotheby's International Realty

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Patio, Porch

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Attached, Entry Side, Driveway

Lot Features

Lot Information:

  • Lot: Corner Lot, Cleared, Level
  • Lot Size: 1.03 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Lexington Road to Garden Drive. Turn right on Rainbow Drive then left on Fairfield. Home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,295,000
  • Price Per SqFt: $349/SqFt

HOA Fees:

  • Amount: $233
  • Frequency: Annually

Tax Information:

  • Annual Amount: $21,711
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$245.1K

Med. Price/SqFt

$178

# of Sold Homes

701

500 Fairfield Dr vs Louisville

20 DAYS ON ROCKET

$2,295,000

+$2.0M More

$349/SqFt

+$170 More

KEY TAKEAWAY

This property is $2.0M more than the Median Sold Price and $170/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: #1658093

Listing Office:

  • Office Name: Lenihan Sotheby's International Realty

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: 4/29/2024, 3:20:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 10, 2018Home Sold
$1,580,000

Tax History

YEARPROP. TAXASSESSMENT
2020$21,711$1,580,000
2019$21,195$1,580,000
2018$15,742$1,207,890
2017$15,742$1,207,890

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,947

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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-3185835
3
/10
  • Field Elementary School

  • 120 Sacred Heart Ln

  • 0.45 miles

  • Public District Grades PK-5

school-card-donut-3185836
5
/10
  • Lincoln Elementary Performing Arts

  • 930 E Main St

  • 2.89 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3185837
3
/10
  • Highland Middle School

  • 1700 Norris Pl

  • 2.07 miles

  • Public District Grades 6-8

school-card-donut-3185838
4
/10
  • Western Middle School

  • 2201 W Main St

  • 5.79 miles

  • Public District Grades 6-8

High School

school-card-donut-3185839
8
/10
  • Atherton High School

  • 3000 Dundee Rd

  • 2.31 miles

  • Public District Grades 9-12

school-card-donut-3185840
8
/10
  • Brown School

  • 546 S 1st St

  • 3.87 miles

  • Public District Grades KG-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $171,250. Most Louisville, KY residents have annual incomes $200k+. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Fairfield Dr

What is the listing price of this property?

The listing price of 500 Fairfield Dr property is $2,295,000.

What type of property is this?

The property 500 Fairfield Dr is a house located in Louisville, Kentucky, 40206.

Is this property for sale now?

Sale Pending: 500 Fairfield Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 500 Fairfield Dr are:
Field Elementary School: GreatSchools Rating 3/10
Lincoln Elementary Performing Arts: GreatSchools Rating 5/10
Highland Middle School: GreatSchools Rating 3/10
Western Middle School: GreatSchools Rating 4/10
Atherton High School: GreatSchools Rating 8/10
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 $21,711 (source: MLS/based on county public records data).

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

The last sale was on September 10, 2018 for $1,580,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 500 Fairfield Dr has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 500 Fairfield Dr is 6,575 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Fairfield Dr is 1937.

Rocket HomesKentuckyJefferson CountyLouisville40206500 Fairfield Dr

This home is located at 500 Fairfield Dr in Louisville, KY and zip code 40206 in the Cherokee Gardens neighborhood. This 6,575 square foot home, which was built in 1937, sits on a 1.03 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $2,295,000.

In March 2024 more than 192 listings in Louisville, KY were sold above the asking price. During the same period more than 192 listings were sold at asking price, while more than 317 were sold below. 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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