StatusAccepting Backup Offers (Active Under Contract)
About 828 E Chestnut St
TURNKEY AIRBNB FOR SALE! Located in Phoenix Hill, this charming 2 bed, 2 full bath residence sits 5 blocks from the vibrant districts of NULU and the Original Highlands - a prime locale for short-term rentals. This all-stone home is zoned OR-2 and comes with a grandfathered transferable registration. Offered fully furnished, it's an excellent STR investment, ideal for first-time homebuyers, and convenient for medical students. Covered off-street parking for 2 vehicles is accessible from the rear of the house. With the ongoing developments in NULU, Phoenix Hill is poised for a surge in property values. The seller is parting ways with a select few STR properties, having enjoyed profitable returns for years. AirDNA projects $37K in annual gross revenue.
Property Details
Property Features
Property Information:
Year Built: 1900
Stories: 1
Living Area: 1,508 SqFt
Listing Office:
Office Name: EXP Realty LLC
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Exterior: Porch, Deck
Parking Information:
Attached Garage: No
Parking: 2 Car Carport, Off-Street Parking, Street
Lot Features
Lot Information:
Lot: Sidewalk, Level
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: Central Air
School Info
Assigned Schools Information:
Brown School, Public District Grades KG-12
Atherton High School, Public District Grades 9-12
Meyzeek Middle School, Public Magnet Grades 6-8
Western Middle School, Public District Grades 6-8
Lincoln Elementary Performing Arts, Public District Grades KG-5
Shelby Traditional Academy, Public District Grades PK-5
Other
Directions Information:
Directions: From Grinstead Dr, right onto Lexington Rd, keep left onto Lexington Rd, right onto Barret Ave, right onto E Broadway, right onto S Campbell St, slight left onto E Gray St, right onto S Shelby St, right onto E Chestnut
Price Information
Listing Price Info
Price Summary:
List Price: $289,000
Price Per SqFt: $192/SqFt
Tax Information:
Annual Amount: $2,054
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.
$1,510
Per Month
Principal & Interest
$1,443
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
$933
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.
Elementary School
4
/10
Lincoln Elementary Performing Arts
930 E Main St
Distance between this listing and this school0.52 miles
Public District Grades KG-5
1
/10
Shelby Traditional Academy
735 Ziegler St
Distance between this listing and this school1.64 miles
Public District Grades PK-5
Middle School
5
/10
Meyzeek Middle School
828 S Jackson St
Distance between this listing and this school0.62 miles
Public Magnet Grades 6-8
3
/10
Western Middle School
2201 W Main St
Distance between this listing and this school2.85 miles
Public District Grades 6-8
High School
10
/10
Brown School
546 S 1st St
Distance between this listing and this school0.86 miles
Public District Grades KG-12
9
/10
Atherton High School
3000 Dundee Rd
Distance between this listing and this school3.52 miles
Public District Grades 9-12
Assigned Schools
4
/10
Lincoln Elementary Performing Arts
930 E Main St
Distance between this listing and this school0.52 miles
Public District Grades KG-5
1
/10
Shelby Traditional Academy
735 Ziegler St
Distance between this listing and this school1.64 miles
Public District Grades PK-5
Nearby Schools
2
/10
Breckinridge Franklin Elementary School
1351 Payne St
Distance between this listing and this school0.77 miles
Public District Grades PK-5
Assigned Schools
5
/10
Meyzeek Middle School
828 S Jackson St
Distance between this listing and this school0.62 miles
Public Magnet Grades 6-8
3
/10
Western Middle School
2201 W Main St
Distance between this listing and this school2.85 miles
Public District Grades 6-8
Nearby Schools
7
/10
Jefferson County Traditional Middle School
1418 Morton Ave
Distance between this listing and this school0.72 miles
Public Magnet Grades 6-8
Assigned Schools
10
/10
Brown School
546 S 1st St
Distance between this listing and this school0.86 miles
Public District Grades KG-12
9
/10
Atherton High School
3000 Dundee Rd
Distance between this listing and this school3.52 miles
Public District Grades 9-12
Nearby Schools
1
/10
Jefferson County High School
900 S Floyd St
Distance between this listing and this school0.84 miles
The neighbors living near this home have an average income of $30,164. The most common annual income of people living in Louisville, KY is less than $35k. Typical family type is 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
Frequently Asked Questions About 828 E Chestnut St
What is the listing price of this property?
The listing price of 828 E Chestnut St property is $289,000.
What type of property is this?
The property 828 E Chestnut St is a house located in Louisville, Kentucky, 40204.
Is this property for sale now?
Accepting Backup Offers: 828 E Chestnut St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 828 E Chestnut St are: Lincoln Elementary Performing Arts: GreatSchools Rating 4/10Shelby Traditional Academy: GreatSchools Rating 1/10Meyzeek Middle School: GreatSchools Rating 5/10Western Middle School: GreatSchools Rating 3/10Brown School: GreatSchools Rating 10/10Atherton High School: GreatSchools Rating 9/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,054 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 13, 2015 for $149,500. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 828 E Chestnut St has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 828 E Chestnut St is 1,508 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 828 E Chestnut St is 1900.
This home is located at 828 E Chestnut St in Louisville, KY and zip code 40204 in the Phoenix Hill neighborhood. This 1,508 square foot home, which was built in 1900, sits on a 0.08 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $289,000.
In April 2024 more than 237 listings in Louisville, KY were sold above the asking price. During the same period more than 199 listings were sold at asking price, while more than 318 were sold below. The number of listings in Louisville, KY increased by 3.6% between March 2024 and April 2024. In April 2024 median list price was $245,988 and the average listing age was 18 days.
From Rocket Homes Real Estate and based on county public records data.