2 months on rocket

513 M St, Louisville, KY, 40208

$140,000

Home List Price

$1,663*

Closing Credit

3 Bedrooms
1 Full Bath
1,640 SqFt
$85/SqFt
House

Location

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513 M St, Louisville$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff-Street Parking, Entry Rear
Year Built1910
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #1670436
Lot Size0.08 Acres
StatusActive

About 513 M St

Great investment opportunity! Perfectly situated near Churchill Downs, and U of L. This home was fully renovated a few years ago. Listed as a 3 bedroom, adding a closet to one room could easily turn this into a conforming 4-bedroom home. Long term tenants in place that want to stay. Current rental income is $1322 per month, and tenant pays all utilities! A rate increase is due with new lease before the new year. This well-maintained rental will be a cash flow property for many years to come.

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Stories: 2
  • Living Area: 1,640 SqFt

Listing Office:

  • Office Name: Totally About Houses

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Attached Garage: No
  • Parking: Off-Street Parking, Entry Rear

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Central Ave, right onto 5th and left onto M. From Eastern Pkwy, left onto 3rd, and right onto M.

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000
  • Price Per SqFt: $85/SqFt

Tax Information:

  • Annual Amount: $770
  • Tax Year: 2020
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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

513 M St vs Louisville

69 DAYS ON ROCKET

+54 Days

$140,000

-$112.6K Less

$85/SqFt

-$101 Less

KEY TAKEAWAY

This property is $112.6K less than the Median Sold Price and $101/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: #1670436

Listing Office:

  • Office Name: Totally About Houses

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: 11/21/2024, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 11, 2018Home Sold
$56,000
Mar 26, 2013Home Sold
$49,200

Tax History

YEARPROP. TAXASSESSMENT
2020$770$56,000
2019$751$56,000
2018$641$49,200
2017$641$49,200

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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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-371293
2
/10

  • Frayser Elementary School

  • 1230 Larchmont Ave

  • 0.69 miles

  • Public District Grades KG-5

school-card-donut-371294
1
/10

  • McFerran Elementary School

  • 1900 S 7th St

  • 0.97 miles

  • Public District Grades KG-5

school-card-donut-371295
1
/10

  • Semple Elementary School

  • 724 Denmark St

  • 1.00 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 $32,951. Residents of Louisville, KY typically earn less than $35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 513 M St

What is the listing price of this property?

The listing price of 513 M St property is $140,000.

What type of property is this?

The property 513 M St is a house located in Louisville, Kentucky, 40208.

Is this property for sale now?

Active Listing: 513 M 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 $770 (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 11, 2018 for $56,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 513 M St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 513 M St is 1,640 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 513 M St is 1910.

Rocket Homes›Kentucky›Jefferson County›Louisville›40208›513 M St

This home is located at 513 M St in Louisville, KY and zip code 40208 in the South Louisville neighborhood. This 1,640 square foot home, which was built in 1910, sits on a 0.08 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $140,000.

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. In October 2024 in Louisville, KY there were 6.9% more homes for sale than in September 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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