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$108,000 ↓$10,000on 10/10/2022

501 Marret Ave Louisville, KY  40203

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Property Description for 501 Marret Ave Louisville, KY 40203

Calling all Investors/Flippers! This is the perfect property to build out as a 1/1 duplex property for 30-day rentals or make it a single family for Airbnb. OR-2 zoning will allow Short Term Rentals by right. This property has been fully gutted with some framing completed and the brick exposed. A camelback can be added as well, along with a garage and carriage house for additional living spaces (variances may be required). This is your blank slant for your investment ideas. Close to U of L and Churchill Downs.

Address:501 Marret Ave Louisville KY 40203
Status:Active
on site: 852 days
Price:$108,000
Bathrooms:0
Year Built:1900
Lot Size:0.10
County: Jefferson
MLS #:1617093
Property Type:Single Family Residence

Lot Dimensions:4356
Utility Options:0, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24
Building Utilities:Public Sewer, Public Water
Directions:I-65 North to exit 134 A(Jackson St) Continue on Jackson St, and turn right on Marret Ave.

Loan Price
$608
Price And Interest $563/month
Property Tax $0/month
MTG INS $0/month
HOME INS $45/month
Price
$108,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$540 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/10/22 $118,000 $108,000 -8.5%
08/30/22 $128,700 $118,000 -8.3%
07/25/22 $143,000 $128,700 -10%

Mandatory HOA Fee:$

Area: 02-Butchertwn/Hghlnds/Germantwn
City:Louisville
Subdivision: NONE
Zip Code:40203

Exterior Type:Brick
Cool:None
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Jonathan Klunk with Six Degrees Real Estate, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Louisville, KY Market Report

359
Avg. DOM
$240.42
Avg. $ / Sq.Ft.
$ 285,000
Med. List Price

The house prices in Louisville are indeed dropping at the moment. There has been a decrease in price of $4,586.29. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Louisville are going Down. The average house price is $285,000.00 and the average price per square feet is $242.49 per square feet. At the moment, the amount of homes listed is exactly 14176 houses, with 6667 with active status, 1273 with pending status and 6236 sold in Louisville .

The most popular place to buy a home in Louisville is 01-Dtwn Old Louisville/Shively/West Lou. 01-Dtwn Old Louisville/Shively/West Lou is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Louisville .

The average amount of property taxes you would have to pay for a home in Louisville is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Louisville are staying listed for an average of 58 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Louisville was 1110 minutes ago.

At the moment we have 82 open houses that you can visit.

The cost of the most expensive home in Louisville is $10,000,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Louisville is $1.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Louisville in year 1 and the newest built house is in year 9999.

The average size of properties in Louisville is 2092.97 sq.ft. , the biggest one being 39000 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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