10 days on rocket

550 S 5th St Unit 202, Louisville, KY, 40202

$242,000

Home List Price

$2,874*

Closing Credit

2 Bedrooms
2 Full Baths
1,325 SqFt
$183/SqFt
Condo
Schools Nearby

Location

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550 S 5th St Unit 202, Louisville$242,000

Buyer Closing Credits

$2,874*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingEntry Rear, Lower Level
Garage1 space
Year Built1922
HeatingForced Air
CoolingCentral Air
MLS #1659386
StatusActive

About 550 S 5th St Unit 202

Must see luxury, downtown condo! Incredible open floor plan with tall ceilings, hardwood floors and large windows allowing for an abundance of natural light. UV blocking blinds are included. Two large bedrooms and two full baths with large showers. Exposed brick and duct work features throughout, highlighting this modern, loft space. Modern kitchen opens up to the multi-level living area. There is a balcony off of the living area, multiple closets, private laundry and additional storage adjacent to the unit. The unit has dedicated, off-street parking on the first level and an elevator for transporting groceries or large items. Also, the building has a security system for all outside doors. No short term rentals.

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 1
  • Living Area: 1,325 SqFt

Listing Office:

  • Office Name: Homepage Realty

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Entry Rear, Lower Level

Lot Features

Lot Information:

  • Lot: Sidewalk, Level

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: West on W. Broadway/US-60 towards S 5th Street. Take the 1st right on to S 5th Street. 550 S 5th is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $242,000
  • Price Per SqFt: $183/SqFt

HOA Fees:

  • Amount: $3300
  • Frequency: Annually
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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

550 S 5th St Unit 202 vs Louisville

10 DAYS ON ROCKET

-8 Days

$242,000

-$3.9K Less

$183/SqFt

+$3 More

KEY TAKEAWAY

This property is $3.9K less than the Median Sold Price and $3/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: #1659386

Listing Office:

  • Office Name: Homepage 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: 5/5/2024, 3:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-6550394
2
/10

  • Engelhard Elementary School

  • 1004 S 1st St

  • 0.83 miles

  • Public District Grades PK-5

school-card-donut-6550395
5
/10

  • Lincoln Elementary Performing Arts

  • 930 E Main St

  • 1.38 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6550396
4
/10

  • Western Middle School

  • 2201 W Main St

  • 1.68 miles

  • Public District Grades 6-8

school-card-donut-6550397
3
/10

  • Highland Middle School

  • 1700 Norris Pl

  • 3.42 miles

  • Public District Grades 6-8

High School

school-card-donut-6550398
8
/10

  • Brown School

  • 546 S 1st St

  • 0.35 miles

  • Public District Grades KG-12

school-card-donut-6550399
6
/10

  • Eastern High School

  • 12400 Old Shelbyville Rd

  • 12.67 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $11,954. The most common annual income of people living in Louisville, KY is less than $35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 550 S 5th St Unit 202

What is the listing price of this property?

The listing price of 550 S 5th St Unit 202 property is $242,000.

What type of property is this?

The property 550 S 5th St Unit 202 is a condo located in Louisville, Kentucky, 40202.

Is this property for sale now?

Active Listing: 550 S 5th St Unit 202 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 550 S 5th St Unit 202 are:
Engelhard Elementary School: GreatSchools Rating 2/10
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
Eastern High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 550 S 5th St Unit 202 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 550 S 5th St Unit 202 is 1,325 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 550 S 5th St Unit 202 is 1922.

Rocket Homes›Kentucky›Jefferson County›Louisville›40202›550 S 5th St Unit 202

This home is located at 550 S 5th St Unit 202 in Louisville, KY and zip code 40202 in the Downtown neighborhood. This 1,325 square foot home was built in 1922. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $242,000.

In April 2024, from all listings sold in Louisville, KY there were more than 237 sold above asking price, over 318 sold below and more than 199 were sold right at the asked price. In April 2024 in Louisville, KY there were 3.6% more homes for sale than in March 2024. Listings spent 18 days on the market in April 2024, and had a median list price of $245,988 during the same period.

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

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