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(SOLD) $111,000

  • 3 Beds
  • 1 Baths
  • 1,104 sq. Ft

Property Description for 503 Alger Ave Louisville, KY 40214

Attention Investors – Solid Turn-Key Rental Opportunity!! This 3 Bed, 1 Bath Cape Cod with HUGE 1 Car Garage is currently tenant occupied, please do not disturb. $898 incoming rent per month equates to $10,776 per year of potential passive income. May be purchased as a package with other properties (314 Inverness Ave, 4038 Woodruff Ave, 1010 Stanley Ave). Most of the hard work was already been done for you...since 2019: New Roof, New Vinyl Replacement Windows, New Luxury Vinyl Plank Flooring and Carpet, Bathroom Refinished with New Tub Surround, Toilet and Vanity, Removed Popcorn Ceilings, Added a 1st Floor Laundry Room and Fresh Paint Throughout. Home includes a nice size living room and dining room, along with a generous sized kitchen that tenants appreciate. One bedroom and bath on the

Address:503 Alger Ave Louisville KY 40214
Status:Sold
Sold On: 3/12/2021
Price:$131,900
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,104
Year Built:1946
Lot Size:0.13
County: Jefferson
School System : Jefferson
MLS #:1578022
Property Type:Single Family Residence

Lot Dimensions:5662.8
Lot Features:0
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, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59
Building Utilities:Electricity Connected, Fuel:Natural, Public Sewer, Public Water
Directions:I-264 to south on S 3rd St, right onto street, house on the right.
Abv. Grnd. Sq. Ft. :1,104
Total Sq. Ft. :1,104
Garage:

Loan Price
$625
Price And Interest $579/month
Property Tax $0/month
MTG INS $0/month
HOME INS $46/month
Price
$111,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$552 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room First
Dining Room First
Kitchen First
Bedroom First
Full Bathroom First
Laundry First
Bedroom Second
Bedroom Second

Mandatory HOA Fee:$

Area: 05-Auburndale/Fairdale/IroquoisPrk/Shively
Subdivision: MEADOWS
Zip Code:40214

Total Sq. Ft.:1,104
Exterior Type:Vinyl Siding
Cool:Central Air
Heat:Forced Air, Natural Gas
Total Rooms:8
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Sean Williams with RE/MAX Premier Properties

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

377
Avg. DOM
$239
Avg. $ / Sq.Ft.
$ 284,900
Med. List Price

The house prices in Louisville are not dropping at the moment. There has been a increase in price of $1,600.48. 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 Up. The average house price is $285,000.00 and the average price per square feet is $240.24 per square feet. At the moment, the amount of homes listed is exactly 19618 houses, with 6897 with active status, 1216 with pending status and 11505 sold in Louisville .

The most popular place to buy a home in Louisville is 08-DglasHls/Hurstbrn/Mdltwn/Anchrg/StMatt. 08-DglasHls/Hurstbrn/Mdltwn/Anchrg/StMatt 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 2122 minutes ago.

At the moment we have 77 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 2079.82 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.