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507 Summers Ave, Louisville, KY, 40214

$280,000

Home List Price

$3,325*

Closing Credit

3 Bedrooms
2 Full Baths
1,800 SqFt
$156/SqFt
House
Schools Nearby

Location

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507 Summers Ave, Louisville$280,000

Buyer Closing Credits

$3,325*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Off-Street Parking, Driveway
Garage1 space
Year Built1942
HeatingNatural Gas
CoolingCentral Air
BasementYes
MLS #1660698
Lot Size0.16 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 507 Summers Ave

There is so much to love about this adorable Cape Cod home with a fenced in back yard and garage for secured parking! This home boasts hardwood flooring that extends from the living area and throughout the bedrooms on the first and second level. The living room offers a bay window and a fireplace that create a cozy feel making this an excellent place to welcome your guests. The dining room and kitchen are open to one another creating a seamless area to entertain. Just off the kitchen is a sitting room with direct access to the deck that overlooks the fenced in back yard. There are 2 bedrooms on the main level and the entire second floor is dedicated to the third bedroom offering lots of privacy. In the unfinished basement you will find a laundry room, full bathroom, and plenty of space for seasonal or overflow storage. This location is close to Colonial Gardens, Iroquois Park, and all of the dining and entertainment this area has to offer. You will have easy access to New Cut Rd and the Watterson Expressway for a quick commute around the city. Make sure you get a chance to see this house and make it your new home - schedule a tour today!

Property Details

Property Features

Property Information:

  • Year Built: 1942
  • Stories: 2
  • Living Area: 1,800 SqFt

Listing Office:

  • Office Name: RE/MAX Premier Properties

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Off-Street Parking, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Iroquois High School, Public Magnet Grades 9-12
  • Brown School, Public District Grades KG-12
  • Frederick Law Olmsted Academy South, Public District Grades 6-8
  • Western Middle School, Public District Grades 6-8
  • Rutherford Elementary School, Public District Grades PK-5
  • Lincoln Elementary Performing Arts, Public District Grades KG-5

Other

Directions Information:

  • Directions: New Cut Rd to Southern Parkway to Summers Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $280,000
  • Price Per SqFt: $156/SqFt

Tax Information:

  • Annual Amount: $1,924
  • 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

$245.9K

Med. Price/SqFt

$179

Avg. Days On Market

18

# of Sold Homes

754

507 Summers Ave vs Louisville

10 DAYS ON ROCKET

-8 Days

$280,000

+$34K More

$156/SqFt

-$24 Less

KEY TAKEAWAY

This property is $34K more than the Median Sold Price and $24/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: #1660698

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: 5/23/2024, 6:20:39 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 06, 2020Home Sold
$190,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,924$140,000
2019$1,555$155,250
2018$1,533$155,250
2017$1,533$155,250

History based on county public records data.

Payment Calculator

$1,465

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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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.

Elementary School

school-card-donut-727119
2
/10

  • Rutherford Elementary School

  • 301 Southland Blvd

  • 0.44 miles

  • Public District Grades PK-5

school-card-donut-727120
4
/10

  • Lincoln Elementary Performing Arts

  • 930 E Main St

  • 6.20 miles

  • Public District Grades KG-5

Middle School

school-card-donut-727121
1
/10

  • Frederick Law Olmsted Academy South

  • 5650 Southern Pkwy

  • 0.18 miles

  • Public District Grades 6-8

school-card-donut-727122
3
/10

  • Western Middle School

  • 2201 W Main St

  • 6.26 miles

  • Public District Grades 6-8

High School

school-card-donut-727123
1
/10

  • Iroquois High School

  • 4615 Taylor Blvd

  • 0.28 miles

  • Public Magnet Grades 9-12

school-card-donut-727124
10
/10

  • Brown School

  • 546 S 1st St

  • 5.64 miles

  • Public District Grades KG-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,048. Residents of Louisville, KY typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 507 Summers Ave

What is the listing price of this property?

The listing price of 507 Summers Ave property is $280,000.

What type of property is this?

The property 507 Summers Ave is a house located in Louisville, Kentucky, 40214.

Is this property for sale now?

Accepting Backup Offers: 507 Summers Ave 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 507 Summers Ave are:
Rutherford Elementary School: GreatSchools Rating 2/10
Lincoln Elementary Performing Arts: GreatSchools Rating 4/10
Frederick Law Olmsted Academy South: GreatSchools Rating 1/10
Western Middle School: GreatSchools Rating 3/10
Iroquois High School: GreatSchools Rating 1/10
Brown School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,924 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 6, 2020 for $190,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 507 Summers Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 507 Summers Ave is 1,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 507 Summers Ave is 1942.

Rocket Homes›Kentucky›Jefferson County›Louisville›40214›507 Summers Ave

This home is located at 507 Summers Ave in Louisville, KY and zip code 40214 in the Iroquois neighborhood. This 1,800 square foot home, which was built in 1942, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $280,000.

In April 2024, from all listings sold in Louisville, KY there were more than 237 sold above asking price, over 318 sold below and more than 199 were sold right at the asked price. The inventory of homes for sale in Louisville, KY between March 2024 and April 2024 increased by 3.6%. While the average time on the market in April 2024 was 18 days, the median list price was $245,988.

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

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