Located in the Churchill Neighborhood, this residence has been completely remodeled and move in ready! Step inside and you'll be greeted by the warmth of brand-new flooring that flows throughout the home. Natural light pours into every room as well creating a bright and inviting atmosphere. Upstairs, you'll find a versatile loft space that can easily be transformed into a 3rd bedroom suite, home office, or creative studio. The possibilities are endless! Convenience is key with first-floor laundry and the unfinished walkout basement offers even more potential. With a half bath already in place, it's a blank canvas ready for your personal touch - perhaps a home gym, workshop, or additional living space. The backyard is private and motivates space for gardening, entertaining, and more.
Property Details
Property Features
Property Information:
Year Built: 1926
Stories: 1
Living Area: 996 SqFt
Listing Office:
Office Name: EXP Realty LLC
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Exterior: Porch, Deck
Parking Information:
Attached Garage: No
Parking: Street
Lot Features
Lot Information:
Lot Size: 0.06 Acres
Utilities
Utilities Information:
Heating: Electric, Forced Air, Natural Gas
Other
Directions Information:
Directions: 264 W, exit Crittenden to the right. Right on Crittenden, Left onto Central Ave. Right onto 4th St, Left on Montana Ave. House on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $159,000
Price Per SqFt: $160/SqFt
Tax Information:
Annual Amount: $618
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Louisville, KY.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$861
Per Month
Principal & Interest
$794
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$543
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Frayser Elementary School
1230 Larchmont Ave
Distance between this listing and this school0.77 miles
Public District Grades KG-5
1
/10
McFerran Elementary School
1900 S 7th St
Distance between this listing and this school0.87 miles
Public District Grades KG-5
1
/10
Cochran Elementary School
500 W Gaulbert Ave
Distance between this listing and this school0.91 miles
Public District Grades KG-5
Nearby Schools
6
/10
Noe Middle School
121 W Lee St
Distance between this listing and this school0.93 miles
Public Magnet Grades 6-8
1
/10
Olmstead North Middle School
4530 Bellevue Ave
Distance between this listing and this school1.75 miles
Public Magnet Grades 6-8
3
/10
Johnson Traditional Middle School
2509 Wilson Ave
Distance between this listing and this school2.28 miles
Public Magnet Grades 6-8
Nearby Schools
10
/10
Dupont Manual High School
120 W Lee St
Distance between this listing and this school0.93 miles
Public Magnet Grades 9-12
1
/10
Jefferson County High School
900 S Floyd St
Distance between this listing and this school2.12 miles
Public District Grades 7-12
4
/10
Central High Magnet Career Academy
1130 W Chestnut St
Distance between this listing and this school2.64 miles
The neighbors living near this home have an average income of $32,951. Most Louisville, KY residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 502 Montana Ave
What is the listing price of this property?
The listing price of 502 Montana Ave property is $159,000.
What type of property is this?
The property 502 Montana Ave is a house located in Louisville, Kentucky, 40208.
Is this property for sale now?
Active Listing: 502 Montana Ave 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 $618 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 18, 2018 for $50,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 502 Montana Ave has 3 bedrooms and 1 full and 1 half bathrooms.
What is the square footage of this property?
The property 502 Montana Ave is 996 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 502 Montana Ave is 1926.
This home is located at 502 Montana Ave in Louisville, KY and zip code 40208 in the South Louisville neighborhood. This 996 square foot home, which was built in 1926, sits on a 0.06 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 27, 2024 and is currently priced at $159,000.
While more than 211 listings in Louisville, KY in October 2024 were sold above asking price, there were more than 193 listings sold at asking price, and more than 346 were sold below. 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.