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702 Drummond Way

Fairdale, KY 40118

3 bd 1 ba 1,440 sqft Built 1965 Lot 8,712 sqft single_family
Most recent sale
$184,000
Jul 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 27, 2022 Sold $184,000 Public Record
Jul 18, 2022 Sold $184,000 Louisville
Jun 3, 2022 Listed $184,900 MLS #1613874
Oct 7, 2015 Sold $49,600 Public Record
Oct 2, 2015 Sold $49,600 Louisville
Aug 24, 2015 Listing removed $50,000 HardinCounty
Aug 17, 2015 Listed $50,000 MLS #10030958
Aug 13, 2010 Sold $91,000 Public Record
Jul 27, 2010 Listing removed $94,900 Louisville
Apr 26, 2010 Listed $94,900 MLS #1270068

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $213,340 $20,800 $234,140 $2,437
2024 $213,340 $20,800 $234,140 $1,959
2023 $170,480 $13,520 $184,000 $2,020
2022 $107,420 $13,520 $120,940 $1,332
2021 $107,420 $13,520 $120,940 $1,430
2020 $77,170 $15,000 $92,170 $1,020
2019 $77,170 $15,000 $92,170 $999
2018 $77,170 $15,000 $92,170 $987
2017 $77,170 $15,000 $92,170 $967
2016 $33,600 $16,000 $49,600 $523
2015 $75,000 $16,000 $91,000 $962
2014 $75,000 $16,000 $91,000 $962
2013 $75,000 $16,000 $91,000 $962
2012 $75,000 $16,000 $91,000 $953
2011 $75,000 $16,000 $91,000 $932
2010 $89,120 $912
2009 $55,420 $551

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,440 sqft
Lot size
8,712 sqft
ZIP code
40118
City
Fairdale
Street
Drummond Way
Coordinates
38.12119, -85.75296

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,160
Gross rental yield
14.09%
Implied cap rate
9.16%
Trend-extrapolated value

Frequently asked questions

When did 702 Drummond Way last sell?
702 Drummond Way most recently sold on Jul 27, 2022 for $184,000.
What is the current tax assessment for 702 Drummond Way?
The most recent total assessment for 702 Drummond Way (year 2025) is $234,140 with $2,437 in property tax.
How does 702 Drummond Way's assessment compare to its last sale price?
The current assessment is 27.3% above the last sale price of $184,000.
When was 702 Drummond Way built?
702 Drummond Way was built in 1965.
How does 702 Drummond Way compare to others on Drummond Way?
We track 6 other properties on Drummond Way. Browse the list under "Other properties on Drummond Way" to compare beds, baths, and sale history.
What are the property facts for 702 Drummond Way?
702 Drummond Way is a 3 bed, 1 bath, 1,440 sqft, 8,712 sqft lot single_family.
Is 702 Drummond Way a flip candidate?
No — 702 Drummond Way does not appear in our flips dataset.
Is 702 Drummond Way a tax-appeal candidate?
Yes — 702 Drummond Way appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+17.4%
Implied 1-yr
+69.5%
2026 Q1
$2.19M
2026 Q2
$2.19M
ZIP 40118 — Median Price History + Forecast

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