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Backup Offers

5003 New Cut Rd, Louisville, KY, 40214

$165,000

Home List Price

$1,959*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
913 SqFt
$181/SqFt
House
Schools Nearby

Location

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5003 New Cut Rd, Louisville$165,000

Buyer Closing Credits

$1,959*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Entry Rear
Garage2 spaces
Year Built1925
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #1658964
Lot Size0.01 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 5003 New Cut Rd

Welcome to your opportunity to own a gem right across from the picturesque Iroquois Park! This 3-bedroom, 1.5-bath home is filled with potential and awaits your personal touch to transform it into a one-of-a-kind beauty. The main level features beautiful hardwood flooring, a cozy living area with two family rooms, two bedrooms, a full bath, and a kitchen with a nice dining area. The walkout, partially finished basement is a versatile space, perfect for an additional bedroom, a home office, or recreation room. There is a half bath and plenty of storage space in the basement. A two-car detached garage provides convenient parking and storage. With a little TLC, this home can be transformed into a true gem.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 1
  • Living Area: 913 SqFt

Listing Office:

  • Office Name: Semonin REALTORS

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch, Deck

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Entry Rear

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Iroquois High School, Public Magnet Grades 9-12
  • Brown School, Public District Grades KG-12
  • Frederick Law Olmsted Academy South, Public District Grades 6-8
  • Western Middle School, Public District Grades 6-8
  • Rutherford Elementary School, Public District Grades PK-5
  • Lincoln Elementary Performing Arts, Public District Grades KG-5

Other

Directions Information:

  • Directions: New Cut Rd to house.

Price Information

Listing Price Info

Price Summary:

  • List Price: $165,000
  • Price Per SqFt: $181/SqFt

Tax Information:

  • Annual Amount: $1,113
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$245.9K

Med. Price/SqFt

$179

Avg. Days On Market

18

# of Sold Homes

754

5003 New Cut Rd vs Louisville

13 DAYS ON ROCKET

-5 Days

$165,000

-$80.9K Less

$181/SqFt

+$1 More

KEY TAKEAWAY

This property is $80.9K less than the Median Sold Price and $1/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: #1658964

Listing Office:

  • Office Name: Semonin REALTORS

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: 5/2/2024, 11:20:22 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

Sep 01, 2015Home Sold
$81,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,113$81,000
2019$1,086$81,000
2018$1,056$81,000
2017$1,056$81,000

History based on county public records data.

Payment Calculator

$891

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$561

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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-4672922
5
/10
  • Rutherford Elementary School

  • 301 Southland Blvd

  • 0.70 miles

  • Public District Grades PK-5

school-card-donut-4672923
5
/10
  • Lincoln Elementary Performing Arts

  • 930 E Main St

  • 6.52 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4672924
5
/10
  • Frederick Law Olmsted Academy South

  • 5650 Southern Pkwy

  • 0.45 miles

  • Public District Grades 6-8

school-card-donut-4672925
4
/10
  • Western Middle School

  • 2201 W Main St

  • 6.54 miles

  • Public District Grades 6-8

High School

school-card-donut-4672926
1
/10
  • Iroquois High School

  • 4615 Taylor Blvd

  • 0.50 miles

  • Public Magnet Grades 9-12

school-card-donut-4672927
8
/10
  • Brown School

  • 546 S 1st St

  • 5.96 miles

  • Public District Grades KG-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,763. The most common annual income of people living in Louisville, KY is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5003 New Cut Rd

What is the listing price of this property?

The listing price of 5003 New Cut Rd property is $165,000.

What type of property is this?

The property 5003 New Cut Rd is a house located in Louisville, Kentucky, 40214.

Is this property for sale now?

Accepting Backup Offers: 5003 New Cut Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 5003 New Cut Rd are:
Rutherford Elementary School: GreatSchools Rating 5/10
Lincoln Elementary Performing Arts: GreatSchools Rating 5/10
Frederick Law Olmsted Academy South: GreatSchools Rating 5/10
Western Middle School: GreatSchools Rating 4/10
Iroquois 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 $1,113 (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 1, 2015 for $81,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5003 New Cut Rd has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5003 New Cut Rd is 913 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5003 New Cut Rd is 1925.

Rocket HomesKentuckyJefferson CountyLouisville402145003 New Cut Rd

This home is located at 5003 New Cut Rd in Louisville, KY and zip code 40214 in the Iroquois neighborhood. This 913 square foot home, which was built in 1925, sits on a 0.01 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $165,000.

While more than 237 listings in Louisville, KY in April 2024 were sold above asking price, there were more than 199 listings sold at asking price, and more than 318 were sold below. The number of homes for sale in Louisville, KY increased by 3.6% between March 2024 and April 2024. In April 2024 median list price was $245,988 and the average listing age was 18 days.

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

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