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Backup Offers

5355 New Cut Rd, Louisville, KY, 40214

$149,950

Home List Price

$1,781*

Closing Credit

3 Bedrooms
1 Full Bath
1,365 SqFt
$110/SqFt
House
Schools Nearby

Location

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5355 New Cut Rd, Louisville$149,950

Buyer Closing Credits

$1,781*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Entry Front
Attached Garage1 space
Year Built1952
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #1656003
Lot Size0.23 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 5355 New Cut Rd

Investors take note! One of multiple, seasoned and established properties in a portfolio of investment homes for sale for the first time in decades! This is one of up to 8 total properties that have long term tenants! This home is generating $ 995/ month; See agent notes for other MLS listings available or soon to be available. Well kept and shows great this is a turnkey opportunity for a new investor of to add to your growing portfolio!

Property Details

Property Features

Property Information:

  • Year Built: 1952
  • Stories: 1
  • Living Area: 1,365 SqFt

Listing Office:

  • Office Name: RE/MAX Action First

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Entry Front

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.23 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
  • Kenwood Elementary School, Public District Grades PK-5
  • Lincoln Elementary Performing Arts, Public District Grades KG-5

Other

Directions Information:

  • Directions: Southern Parkway to New Cut home on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $149,950
  • Price Per SqFt: $110/SqFt

Tax Information:

  • Annual Amount: $1,423
  • 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

5355 New Cut Rd vs Louisville

51 DAYS ON ROCKET

$149,950

-$95.1K Less

$110/SqFt

-$69 Less

KEY TAKEAWAY

This property is $95.1K less than the Median Sold Price and $69/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: #1656003

Listing Office:

  • Office Name: RE/MAX Action First

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, 3:20:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,423$103,530
2019$1,388$103,530
2018$1,349$103,530
2017$1,349$103,530

History based on county public records data.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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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-1374279
5
/10

  • Kenwood Elementary School

  • 7420 Justan Ave

  • 0.79 miles

  • Public District Grades PK-5

school-card-donut-1374280
5
/10

  • Lincoln Elementary Performing Arts

  • 930 E Main St

  • 7.20 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1374281
5
/10

  • Frederick Law Olmsted Academy South

  • 5650 Southern Pkwy

  • 1.24 miles

  • Public District Grades 6-8

school-card-donut-1374282
4
/10

  • Western Middle School

  • 2201 W Main St

  • 7.33 miles

  • Public District Grades 6-8

High School

school-card-donut-1374283
1
/10

  • Iroquois High School

  • 4615 Taylor Blvd

  • 1.30 miles

  • Public Magnet Grades 9-12

school-card-donut-1374284
8
/10

  • Brown School

  • 546 S 1st St

  • 6.69 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 $45,631. Residents of Louisville, KY typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5355 New Cut Rd

What is the listing price of this property?

The listing price of 5355 New Cut Rd property is $149,950.

What type of property is this?

The property 5355 New Cut Rd is a house located in Louisville, Kentucky, 40214.

Is this property for sale now?

Accepting Backup Offers: 5355 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 5355 New Cut Rd are:
Kenwood 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 $1,423 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5355 New Cut Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5355 New Cut Rd is 1,365 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5355 New Cut Rd is 1952.

Rocket Homes›Kentucky›Jefferson County›Louisville›40214›5355 New Cut Rd

This home is located at 5355 New Cut Rd in Louisville, KY and zip code 40214 in the Kenwood Hill neighborhood. This 1,365 square foot home, which was built in 1952, sits on a 0.23 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $149,950.

Over 192 listings were sold over their listed price in March 2024 in Louisville, KY. In the same period over 317 listings were sold below the listed price and 192 listings were sold for the listed 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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