13 days on rocket

Sale Pending

709 Magnolia Ave, Shelbyville, KY, 40065

$469,900

Home List Price

$5,580*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
2,354 SqFt
$200/SqFt
House
Schools Nearby

Location

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709 Magnolia Ave, Shelbyville$469,900

Buyer Closing Credits

$5,580*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Entry Front, Street, Driveway
Garage2 spaces
Year Built1940
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #1658888
Lot Size0.23 Acres
StatusSale Pending
(Pending)

About 709 Magnolia Ave

She's an absolute beauty! This jaw-dropper of a home on historic Magnolia Avenue is the perfect mix of historic details and modern touches! Nearly every inch of this home was renovated approximately 2 years ago! You'll find tons of gorgeous personal living space, loads of room for entertaining on the inside, a fire pit out back to gather with friends, plus a 2-bay detached garage with a second floor that could be used for anything your mind might dream up from extra storage to a craft room to a place to have band practice. The possibilities are endless! Speaking of possibilities, there are a few options to explore at 709 Magnolia Ave: Option 1- Make it your personal home! It's the kind of home that makes the front of a Hallmark card, one that just welcomes you to cozy up and stay a while. This street is the kind of place where you can see neighbors taking after-dinner strolls, walking their dogs, or learning to ride bikes. You're tucked in close to downtown and near great restaurants and shops plus just a few minutes from the bypass and interstate. It's the kind of place that just feels like home. Option 2: The current owners use the house for short-term rental and have had slam dunk success on Airbnb. Pick this up as part of your short-term rental portfolio or confidently enter the Airbnb world with a property with a proven track record. Complete furniture package negotiable. Either way -- home sweet home or Airbnb, don't miss the chance to see 709 Magnolia Ave. Join me Monday night from 5pm-7pm for an evening Open House or schedule your private showing.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Stories: 2
  • Living Area: 2,354 SqFt

Listing Office:

  • Office Name: Torrey Smith Realty Co., LLC

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Entry Front, Street, Driveway

Lot Features

Lot Information:

  • Lot: Sidewalk, Cleared
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Shelbyville Rd/Midland Trail East to Magnolia Ave. Turn Right onto Magnolia Ave. Home is on the Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $469,900
  • Price Per SqFt: $200/SqFt

Tax Information:

  • Annual Amount: $3,166
  • Tax Year: 2020
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Housing Market Comparison

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

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Shelbyville, KY

City

Med. Sold Price

$300K

Med. Price/SqFt

$178

Avg. Days On Market

39

# of Sold Homes

26

709 Magnolia Ave vs Shelbyville

13 DAYS ON ROCKET

-26 Days

$469,900

+$169.9K More

$200/SqFt

+$21 More

KEY TAKEAWAY

This property is $169.9K more than the Median Sold Price and $21/SqFt more than other homes in Shelbyville, 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: #1658888

Listing Office:

  • Office Name: Torrey Smith Realty Co., LLC

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, 12:20:21 AM 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$3,166$230,000
2019$3,173$230,000
2018$2,622$230,000
2017$2,622$102,400

History based on county public records data.

Payment Calculator

$2,413

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,475

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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.

Nearby Schools

school-card-donut-4488433
3
/10

  • Southside Elementary School

  • 728 Ginkgo Dr

  • 0.46 miles

  • Public District Grades KG-5

school-card-donut-4488434
6
/10

  • Clear Creek Elementary School

  • 279 Chapel Hill Rd

  • 0.89 miles

  • Public District Grades KG-5

school-card-donut-4488435
4
/10

  • Painted Stone Elementary School

  • 150 Warriors Way

  • 1.89 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,241. The most common annual income of people living in Shelbyville, KY is less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 709 Magnolia Ave

What is the listing price of this property?

The listing price of 709 Magnolia Ave property is $469,900.

What type of property is this?

The property 709 Magnolia Ave is a house located in Shelbyville, Kentucky, 40065.

Is this property for sale now?

Sale Pending: 709 Magnolia Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,166 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 709 Magnolia Ave has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 709 Magnolia Ave is 2,354 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 709 Magnolia Ave is 1940.

Rocket Homes›Kentucky›Shelby County›Shelbyville›40065›709 Magnolia Ave

This home is located at 709 Magnolia Ave in Shelbyville, KY and zip code 40065. This 2,354 square foot home, which was built in 1940, sits on a 0.23 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $469,900.

In April 2024, from all listings sold in Shelbyville, KY there were more than 7 sold above asking price, over 11 sold below and more than 8 were sold right at the asked price. The number of homes for sale in Shelbyville, KY increased by 5.8% between March 2024 and April 2024. While the average time on the market in April 2024 was 39 days, the median list price was $300,000.

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

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