6 months on rocket

5737 S Watterson Trl, Louisville, KY, 40218

$960,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,251 SqFt
$426/SqFt
Multi

Location

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5737 S Watterson Trl, Louisville$960,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Garage2 spaces
Year Built1966
HeatingForced Air, Natural Gas, Other
CoolingCentral Air
MLS #1661134
StatusActive

About 5737 S Watterson Trl

NEW AS-IS PRICE Incredible rare find in the heart of Fern Creek! Over 6 rolling creek side acres than includes a rare opportunity with 5 homes one property. Great for Investor, or someone looking for a great Airbnb opportunity with some work and planning. 2 of the 5 homes are currently rented, and 1 is owner occupied. The details of this listing relates to owner occupied Owner's residence. (home #1) --Home #5 has great history, parts of which date back to the 1800's, with beautiful stone, original wood trim, a 1-2 br, 1 bath home with a 1 car garage, central air. Home # 4 is 2 br, 1bth, central air, 1 car garage ( former office of the honorable order of KY colonels), Home #3 currently rented 2 br, 1 bath, cathedral ceiling, central air, storage and currently rented at 825 month (could be raised). Home #2 1 bedroom, 1 bath, central air and currently rented. Strategic Location: Business and Pleasure Situated a mere six miles from the Watterson Expressway and three miles from the Gene Synder, the estate offers easy access to the city while providing a tranquil country setting in the middle of bustling Fern Creek. It's an ideal spot for corporate retreats, offering businesses a unique venue for team-building and strategy sessions in a peaceful environment. These homes, dating back to the late 1800s, offer guests a chance to step back in time. Whether utilized for themed vacation rentals, long-term leases, or as intimate business retreats, these cottages provide a steady stream of income with their charm and historical significance. Diverse Revenue Streams: Your Financial Foothold With five separate homes on the property, the estate is a multi-faceted investment that can cater to various market needs. From short-term vacation stays to long-term rentals, the potential for revenue is as vast as the estate itself. Natural Haven: A Wildlife Retreat The property's rolling hills and creek are not just a backdrop but a sanctuary for deer and other wildlife, adding to the allure for guests and residents alike. This natural setting provides a picturesque escape from the hustle and bustle of city life. A Rare Opportunity: Invest in a Legacy 5737 S Watterson Trail is more than an estate; it's a piece of history, a business venture, and a personal retreat all in one. This estate is not just a collection of homes; it's a community, a destination, and a lifestyle. Make 5737 S Watterson Trail the cornerstone of your investment portfolio and watch as it grows into a prosperous future.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1966
  • Living Area: 2,251 SqFt

Listing Office:

  • Office Name: RE/MAX Premier Properties

Exterior Features

Exterior Information:

  • Exterior: None

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot: Cul-De-Sac

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Head South on Bardstown Road. Turn right on Hurstbourne Lane and then right again on Watterson Trail. Pass the hidden entrance sign and enter the property on the right side of the road, across the bridge going over the creek.

Price Information

Listing Price Info

Price Summary:

  • List Price: $960,000
  • Price Per SqFt: $426/SqFt

Tax Information:

  • Annual Amount: $6,765
  • 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

5737 S Watterson Trl vs Louisville

185 DAYS ON ROCKET

+170 Days

$960,000

+$707.3K More

$426/SqFt

+$240 More

KEY TAKEAWAY

This property is $707.3K more than the Median Sold Price and $240/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: #1661134

Listing Office:

  • Office Name: RE/MAX Premier Properties

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

Listing History

Feb 02, 2009Home Sold
$600,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,765$574,770
2019$6,229$574,770
2018$6,032$574,770
2017$6,032$574,770

History based on county public records data.

Payment Calculator

$4,859

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,945

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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-765643
1
/10
  • Fern Creek Elementary School

  • 8815 Ferndale Rd

  • 1.31 miles

  • Public District Grades KG-5

school-card-donut-765644
4
/10
  • Luhr Elementary School

  • 6900 Fegenbush Ln

  • 1.34 miles

  • Public District Grades KG-5

school-card-donut-765645
1
/10
  • Watterson Elementary School

  • 3900 Breckenridge Ln

  • 1.87 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,242. Most Louisville, KY residents have annual incomes less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket Homes›Kentucky›Jefferson County›Louisville›40218›5737 S Watterson Trl

This home is located at 5737 S Watterson Trl in Louisville, KY and zip code 40218 in the Fern Creek neighborhood. This 2,251 square foot home was built in 1966. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $960,000.

Louisville, KY housing market in October 2024 saw over 211 listings sold above listed price, more than 193 sold at listed price and over 346 sold below. Between September 2024 and October 2024, Louisville, KY real estate market has seen increase in the number of listings by 6.9%. While the average time on the market in October 2024 was 15 days, the median list price was $252,697.

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

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