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Owner
$473,626
2404 TRADITION CIR, LOUISVILLE, KY
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
Yes
beds
0
baths
2
sq. ft.
3,699
property type
Condominium Unit (Residential)
hoa
Yes

About

Residential
Building Quality A
Average Condition
Finished Area
Attached Garage
1.5 Stories
Central
Wood
Central

Financial Overview

Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property

Property Features

Year Built
2005
Building Size
3,699 sq ft
Lot Size
3,700 sq ft
Lot Size (Acres)
0.08 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)
21341400280100
County
Jefferson County, Kentucky
Metro Area
Louisville/Jefferson County, KY-IN
Zoning
Neighborhood/Subdivision
LAKE FOREST LEGACY
Lot Number
School District
Jefferson County School District
Legal Description
LAKE FOREST LEGACY BK. 87, PGS. 21-29, 7869 X 884, 04/26/2002 BLDG. 28, UNIT-100 3700 SQ FT OFF: 0016-0095-0000

Tax & Value Information

Market Value (Total)
$401,160
Building Value
$401,160
Land Value
$0
Annual Property Tax
$4,565
Tax Assessment Year
2024
Assessed Value
$401,160
Last Assessment Year
2024
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
3/25/2022
Recording Date
6/20/2022
Sales Document #
2022.140591
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
Include
Address
Sale Date
Sale Price
Sq.Ft.
Bed/Bath
Lot Size
Year
$/Sq.Ft.
Distance
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$18,327
Return on Investment
15.60%
After Repair Value
$520,989

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
$426,263
Renovation Cost
$23,681
Closing Costs (buying)
$8,525
Holding Costs
$12,933
Selling Costs
$31,259
Total Investment
$117,459
After Repair Value (ARV)
$520,989
Total Costs
$502,662
Estimated Profit
$18,327
Cash Invested
$108,934
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
Date
Action
Price
PPSF
DOM
Agent
Brokerage
MLS/Listing #
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112015
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112016
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112017
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112018
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