Owner
$168,285
1340 SALE AVE, LOUISVILLE, KY
Quick Facts
owner occupied
No
vacant
No
corporate owner
Yes
beds
1
baths
1
sq. ft.
1,246
property type
Single Family Residential
hoa
No
About
Residential
Building Quality D+
Average Condition
Finished Area
Detached Garage
2 Stories
Partial Basement
Central
Wood
None
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1925
Building Size
1,246 sq ft
Lot Size
4,648 sq ft
Lot Size (Acres)
0.11 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
11064C01350000
County
Jefferson County, KY
Metro Area
Louisville/Jefferson County, KY-IN
Zoning
R5-RESIDENTIAL SINGLE FAM
Neighborhood/Subdivision
SIMON
Lot Number
39
School District
Jefferson County School District
Legal Description
LOT 39 SIMON SUB PB 1 PG 100 0.1067 AC
Tax & Value Information
Market Value (Total)
$117,020
Building Value
$110,020
Land Value
$7,000
Annual Property Tax
—
Tax Assessment Year
2023
Assessed Value
$117,020
Last Assessment Year
2023
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
11/24/2021
Recording Date
11/24/2021
Sales Document #
2021.297527
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$6,512
Return on Investment
15.60%
After Repair Value
$185,114
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$151,457
Renovation Cost
$8,414
Closing Costs (buying)
$3,029
Holding Costs
$4,595
Selling Costs
$11,107
Total Investment
$41,735
After Repair Value (ARV)
$185,114
Total Costs
$178,602
Estimated Profit
$6,512
Cash Invested
$38,706
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area