4 months on rocket

2516 Pennacook Rd, Louisville, KY, 40214

$680,000

Home List Price

$8,075*

Closing Credit

0 Baths
6,790 SqFt
$100/SqFt
Condo

Location

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2516 Pennacook Rd, Louisville$680,000

Buyer Closing Credits

$8,075*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1970
HeatingForced Air
MLS #1665614
StatusActive

About 2516 Pennacook Rd

This eight 2BR/1BA unit property is located in a high rental-demand area of South Louisville. The seller has begun the process of re-tenanting the property and has been achieving rents in the high $900's. Highlights include: > Eight 2BR/1BA units > Washer/Dryer hookups > Separately metered for LGE > Ample off-street parking > Opportunity to increase revenue, with some demonstrated high rents in place The seller does NOT currently pay flood insurance. The building on the property is not in the flood zone.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1970
  • Living Area: 6,790 SqFt

Listing Office:

  • Office Name: PRG Commercial Property Advisors

Exterior Features

Exterior Information:

  • Exterior: None

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions:  Get on I-65 S 2 min (0.5 mi)  Continue on I-65 S. Take I-264 W to KY-1865 S/Taylor Blvd. Take exit 9 from I-264 W 8 min (7.5 mi)  Continue on KY-1865 S/Taylor Blvd to your destination

Price Information

Listing Price Info

Price Summary:

  • List Price: $680,000
  • Price Per SqFt: $100/SqFt
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Housing Market Comparison

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

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Louisville, KY

City

Med. Sold Price

$252.6K

Med. Price/SqFt

$185

Avg. Days On Market

15

# of Sold Homes

750

2516 Pennacook Rd vs Louisville

126 DAYS ON ROCKET

+111 Days

$680,000

+$427.3K More

$100/SqFt

-$86 Less

KEY TAKEAWAY

This property is $427.3K more than the Median Sold Price and $86/SqFt less 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: #1665614

Listing Office:

  • Office Name: PRG Commercial Property Advisors

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, 3:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,461

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,105

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NMLS#3030

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-794975
1
/10

  • Trunnell Elementary School

  • 7609 Saint Andrews Church Rd

  • 0.65 miles

  • Public District Grades KG-5

school-card-donut-794976
3
/10

  • Kenwood Elementary School

  • 7420 Justan Ave

  • 1.07 miles

  • Public District Grades KG-5

school-card-donut-794977
2
/10

  • Gutermuth Elementary School

  • 1500 Sanders Ln

  • 1.62 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,674. Typical income of Louisville, KY residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Louisville, KY

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Louisville, KY?

Louisville offers a diverse array of housing options, with single-family homes making up a significant portion of the market. These homes showcase a mix of architectural styles, including Victorian, colonial, and contemporary designs. The city also provides a range of multi-family dwellings, such as apartments and condominiums, appealing to various lifestyle needs. The housing market is dynamic, with a healthy balance of historic homes and newer constructions.

Is Louisville, KY a good place to live?

Louisville is celebrated for its vibrant cultural scene and the famous Kentucky Derby, which reflects the city's rich equestrian heritage. The community prides itself on its expansive parks system and the annual festivals that bring residents together, showcasing the city's strong sense of community and tradition.

Are things conveniently located in Louisville, KY?

The city is served by a robust educational system, including numerous public and private schools that cater to a range of educational preferences. Louisville's healthcare network is comprehensive, with several hospitals and clinics providing specialized services to meet the community's needs. The public library system is well-established, offering resources and programs for all ages. Retail and dining options are plentiful, with an emphasis on local cuisine and unique shopping experiences.

What does the transportation in Louisville, KY look like?

Louisville's transportation infrastructure includes an extensive network of roads and highways, facilitating easy travel and commuting within the city and to surrounding areas. Public transit options are available, providing residents with alternatives to private vehicle use. The city is also making strides in enhancing walkability and bikeability, particularly in the downtown area and other key neighborhoods.

Frequently Asked Questions About 2516 Pennacook Rd

What is the listing price of this property?

The listing price of 2516 Pennacook Rd property is $680,000.

What type of property is this?

The property 2516 Pennacook Rd is a condo located in Louisville, Kentucky, 40214.

Is this property for sale now?

Active Listing: 2516 Pennacook Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The property 2516 Pennacook Rd is 6,790 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2516 Pennacook Rd is 1970.

Rocket Homes›Kentucky›Jefferson County›Louisville›40214›2516 Pennacook Rd

This home is located at 2516 Pennacook Rd in Louisville, KY and zip code 40214. This 6,790 square foot home was built in 1970. It has been listed on Rocket Homes since July 15, 2024 and is currently priced at $680,000.

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 homes for sale in Louisville, KY increased by 6.9% between September 2024 and October 2024. Listings spent 15 days on the market in October 2024, and had a median list price of $252,697 during the same period.

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

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