1016R Cherokee Rd, Louisville, KY 40204
SOLDJUL 7, 2023

1016R Cherokee Rd
Louisville, KY 40204

Cherokee Triangle
  • 5 Beds
  • 3 Baths
  • 6,375 sqft
  • 5 Beds
  • 3 Baths
  • 6,375 sqft

$1,070,037

Last Sold: Jul 7, 2023
7% below list $1.15M
$168/sqft
Est. Refi. Payment $6,499/mo*

Homes for Sale Near 1016R Cherokee Rd

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from August 07, 2023
1016 Cherokee Rd is a five-plex with an excellent rental history. This 1880 Victorian was originally built by then mayor of Louisville for his two daughters to live side by side in a magnificent family compound. 1016 Cherokee Rd is comprised of four units in the main house and one unit in the carriage house and has 6,375 total finished square feet, with an additional 1225 sq ft of unfinished space in the carriage house. The first-floor unit earns $1750/month, is a two bedroom, two bath, with remodeled kitchen and bath and washer and dryer. Beautiful entryway, dining room and living room. The second floor has two units, $850 each/ month, one bed, one bath in each, washer dryer access in cellar. The third-floor rent is $925/month, one bed, one bath, washer and dryer in unit. The carriage house unit earns $1200/month, one bed, one bath, washer and dryer in unit. Unfinished space next door could be used to add sq ft to the existing unit. Lots of updates over the years. The grounds are beautiful. Excellent, highly desirable area for renters and owners alike. So close to dining, shopping, banks, coffee, nightlife. 48 hours' notice to show. All units rented with leases in place.

Home Highlights

Parking
No Info
Outdoor
Porch, Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$168/sqft
Listed
180+ days ago

Home Details for 1016R Cherokee Rd

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3
Dimensions and Layout
Living Area: 6375 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Gas & Electric
Has Electric on Property

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Patio, Porch
Parking & Garage
No Garage
Water & Sewer
Sewer: City Sewer
Finished Area
Finished Area (above surface): 5307 Square Feet

Property Information

Year Built
Year Built: 1880
Property Type / Style
Property Type: Residential IncomeProperty Subtype: ApartmentArchitecture: Traditional
Building
Construction Materials: Brick
Property Information
Parcel Number: 075C00740000

Price & Status

Price
List Price: $1,150,000Price Per Sqft: $168/sqft
Status Change & Dates
Off Market Date: Sun May 28 2023

Active Status

MLS Status: Closed

Location

Direction & Address
City: LouisvilleCommunity: Cherokee Triangle

Building

Building Area
Building Area: 5307 Square Feet

HOA

No HOA

Miscellaneous

Mls Number: 1636498
Last check for updates: about 18 hours ago
Listed by James Peterworth, (502) 271-5000
Kentucky Select Properties
Bought with: John A Stough, (502) 271-5000, Kentucky Select Properties
Source: GLARMLS, MLS#1636498

Price History for 1016R Cherokee Rd

DatePriceEventSource
07/07/2023$1,070,037Sold
GLARMLS #1636498
07/07/2023$1,150,000PendingGLARMLS #1636498
05/30/2023$1,150,000ContingentGLARMLS #1636498
05/15/2023$1,150,000Listed For SaleGLARMLS #1636498

Comparable Sales for 1016R Cherokee Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.60
Apartment
$989,995
05/10/23
9
5
6,838
0.60
Apartment
$768,000
02/05/24
-
4,506
1.85
Apartment
$335,000
12/27/23
5
3
5,820
1.89
Apartment
$459,000
07/03/23
6
3
5,084
1.56
Apartment
$875,000
12/27/23
16
10
6,476
2.17
Apartment
$683,000
08/30/23
7
4
5,247
2.03
Apartment
$539,700
04/19/24
8
4
4,126
2.08
Apartment
$430,000
08/16/23
5
4
3,585
2.38
Apartment
$575,000
10/12/23
6
4
4,777

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Cherokee Triangle

  • Trulia User
    "Dog friendly with a large park and friendly people. Streets aren’t too busy so it’s fairly safe to walk "
    2
    Flag
  • Trulia User
    "honestly I'm not completely sure, I haven't lived here for very long, but I will say that the community is very active and is quite lively in a very positive way"
    2
    Flag
  • Christina C.
    "Walk to the park, walk to dog park, walk to grocery, bike to work. Neighbors are pleasant and private. Noise level is not bad. Close to everything. I feel safe at home "
    3
    Flag
  • Lenalions
    "I operate a Home for Disabled Veterans in Cherokee Triangle that has been open 40 yrs in July. This is an amazing neighborhood filled with diverse friendly residents who help one another. You will absolutely love The Highlands, the parks, shops, restaurants and entertainment. "
    8
    Flag
  • Danielle B.
    "They would love the sidewalks and big old trees for shade. They would love that several people are out walking their dogs at the same time unless their dogs don’t like other dogs. "
    1
    Flag
  • Rebecca M.
    "Great neighborhood. Walking distance to bars ans restaurants. Socially liberal community. I feel safe. "
    3
    Flag
  • Rebecca M.
    "Cherokee Park is beautiful. I don’t have kids. There is a lot of traffic. People drive too fast down the streets. "
    1
    Flag
  • Jessibel70
    "I don’t go anywhere So my commute is extremely comfortable. I tend to stay away from bardstown road. The drivers around here are not the safest. "
    3
    Flag
  • Janeva L.
    "Nice Friendly people Always smiles on their faces Lots of kids playing around and all nice little park down the street"
    0
    Flag
  • Trulia User
    "I take the bus, and there's lots of routes that go through here. It's super easy to get downtown, but I don't really go anywhere else."
    0
    Flag
  • Jeff
    "Lots of beautiful, old, huge mansions on Cherokee Rd. Pretty trees, everybody keeps their place nice."
    6
    Flag
  • Jleemartin925
    "The neighborhood is very well kept and is very beautiful. The neighborhors look out for one another and are very friendly. "
    3
    Flag
  • clbycmbl
    "Food, shops, and nightlife are the best in Louisville. The area is so pet friendly that if you do not own a dog you will soon want to get one. Cherokee park is beautiful with plenty of walking and bike trails. The Highlands is very friendly and eventful community, there is always something going on that is fun for the whole family. I would recommend the area to anyone looking to move to Louisville. Bardstown Rd/ Baxter Ave is nonstop independently owned shops, bars and restruants that are guarenteed not to let you down. This place is a 10 outa 10 in my book. "
    2
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Homes for Rent Near 1016R Cherokee Rd

Off Market Homes Near 1016R Cherokee Rd

1016R Cherokee Rd, Louisville, KY 40204 is a 5 bedroom, 3 bathroom, 6,375 sqft apartment built in 1880. 1016R Cherokee Rd is located in Cherokee Triangle, Louisville. This property is not currently available for sale. 1016R Cherokee Rd was last sold on Jul 7, 2023 for $1,070,037 (7% lower than the asking price of $1,150,000).