2 months on rocket

1142 S 3rd St, Louisville, KY, 40203

$580,000

Home List Price

$6,888*

Closing Credit

3 Bedrooms
2 Full Baths
2,022 SqFt
$287/SqFt
House

Location

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1142 S 3rd St, Louisville$580,000

Buyer Closing Credits

$6,888*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Off-Street Parking, Attached, Entry Rear, See Remarks, Driveway
Attached Garage3 spaces
Year Built1885
HeatingForced Air, Natural Gas, Zoned, Ductless
CoolingCentral Air, Zoned, Ductless
BasementYes
ViewSee Remarks
MLS #1669300
Lot Size0.18 Acres
StatusActive

About 1142 S 3rd St

ONE OF A KIND...amazing space in an incredible block of S 3rd St in Old Louisville. Come see industrial loft living in an historic property-this is truly the best of both worlds. Our owners live in a completely renovated rear unit with 3 BRs and 2 full BAs. Soaring barrel ceiling w/the original mahogany trusses remain as a reminder of this home's original use as a church. Exposed ductwork and steel mullioned windows complete the industrial feel. Spacious Chef's gourmet kitchen offers incredible work space complete with black high gloss cabinetry, composite LG Hi-Macs countertops, GE Monogram 6-burner cooktop (operated on propane) and a vintage 1954 Custom Imperial Stove! This is an entertainment haven with a spectacular open feel. This home was thoughtfully renovated and specifically designed as one of the few "age-in-place" spaces in the neighborhood. A full ramp in the rear leads to a 2-car tandem attached garage. A second 1-car garage is currently being used as an artist studio by our current owners. In addition to the expansive garage space, there are 4 more parking spaces in the front of the building offering rare off-street pkg for guests (or clients if a "live-work" scenario is created). The laundry room is conveniently located off the 1st floor along with the Primary Bedroom Suite as well as both bathrooms having walk-in showers. To further the original renovation, our owners have made MORE recent improvements including 2 new mini-splits for heat/air in the PBR & 3rd BR, new LVP flooring, installed by Korfhage in the LR/DR in 2024, new shingled roof in 2021 & new rubber roof compound installed on half of the rear roof in 2024. This special property has 3 enjoyable outdoor spaces for entertaining & gardening. The front North courtyard has new concrete poured in 2023 and a new security gate permitted by Landmarks & installed in 2024. The brick side courtyard opens off the main living space and features a 6 ft privacy wall. In the rear, you'll find a refreshing 10x16 above ground plunge pool with a new saltwater filtering system enclosed by a 7 ft security fence - just what is needed after a long day at the office! The front half of the building is a blank canvas - an empty space of 1685 square feet to do with as you wish...it's waiting for your personal touch and can accommodate your needs & dreams. Space has been used, in recent years, as antique storage and a space for private parties & art openings. It has it's own electric meter. Of course, any agenda for this space must be approved by the Board of Zoning Approval; current zoning is TNZD - Transitional Neighborhood. Our current owners have architectural plans for 3 addit aptmt units designed by Studio Mayo that are avail for purchase. Let your imagination run wild - this could be the PERFECT SPACE for you!

Property Details

Property Features

Property Information:

  • Year Built: 1885
  • Stories: 1
  • Living Area: 2,022 SqFt

Listing Office:

  • Office Name: Great Space Louisville LLC

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: See Remarks
  • Exterior: See Remarks, Patio, Pool - Above Ground, Handic Prov

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Detached, Off-Street Parking, Attached, Entry Rear, See Remarks, Driveway

Lot Features

Lot Information:

  • Lot: Sidewalk, See Remarks, Cleared, Level
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: South 3rd Street to property (South 3rd Street is one way going Northbound). Property is on the right side of the street prior to E Oak Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $580,000
  • Price Per SqFt: $287/SqFt

Tax Information:

  • Annual Amount: $3,714
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$252.6K

Med. Price/SqFt

$185

Avg. Days On Market

15

# of Sold Homes

750

1142 S 3rd St vs Louisville

80 DAYS ON ROCKET

+65 Days

$580,000

+$327.3K More

$287/SqFt

+$101 More

KEY TAKEAWAY

This property is $327.3K more than the Median Sold Price and $101/SqFt more than other homes in Louisville, 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: #1669300

Listing Office:

  • Office Name: Great Space Louisville 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: 11/18/2024, 2:20:54 PM 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$3,714$270,260
2019$3,625$270,260
2018$3,146$241,380
2017$3,146$241,380

History based on county public records data.

Payment Calculator

$2,962

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,805

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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-756969
1
/10
  • Engelhard Elementary School

  • 1004 S 1st St

  • 0.26 miles

  • Public District Grades KG-5

school-card-donut-756970
1
/10
  • Cochran Elementary School

  • 500 W Gaulbert Ave

  • 0.82 miles

  • Public District Grades KG-5

school-card-donut-756971
1
/10
  • Shelby Elementary School

  • 735 Ziegler St

  • 1.15 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,369. Residents of Louisville, KY typically earn less than $35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1142 S 3rd St

What is the listing price of this property?

The listing price of 1142 S 3rd St property is $580,000.

What type of property is this?

The property 1142 S 3rd St is a house located in Louisville, Kentucky, 40203.

Is this property for sale now?

Active Listing: 1142 S 3rd St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,714 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1142 S 3rd St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1142 S 3rd St is 2,022 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1142 S 3rd St is 1885.

Rocket HomesKentuckyJefferson CountyLouisville402031142 S 3rd St

This home is located at 1142 S 3rd St in Louisville, KY and zip code 40203 in the Old Louisville neighborhood. This 2,022 square foot home, which was built in 1885, sits on a 0.18 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $580,000.

In October 2024, from all listings sold in Louisville, KY there were more than 211 sold above asking price, over 346 sold below and more than 193 were sold right at the asked price. The number of listings in Louisville, KY increased by 6.9% between September 2024 and October 2024. The median list price of listings available in October 2024 was $252,697, while the average time on the real estate market was 15 days.

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

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