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48 Lake Ave

Louisville, KY 40206

2 bd 2 ba 962 sqft Built 1998 condos
Most recent sale
$175,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $175,000 Public Record
May 26, 2022 Sold $175,000 Louisville
Apr 22, 2022 Listed $165,000 MLS #1610491
Jul 3, 2018 Sold $140,000 Public Record
Jun 26, 2018 Sold $140,000 Louisville
May 15, 2018 Listed $139,999 MLS #1503386
Apr 25, 2016 Sold $123,000 Public Record
Apr 22, 2016 Sold $123,000 Louisville
Mar 1, 2016 Relisted $127,500 MLS #1424558
Feb 3, 2016 Listing removed $127,500 Louisville
Dec 8, 2015 Relisted $127,500 MLS #1424558
Nov 6, 2015 Listing removed $127,500 Louisville
Jul 16, 2015 Listed $127,500 MLS #1424558
Apr 18, 2012 Sold $116,500 Public Record
Apr 13, 2012 Sold $116,500 Louisville
Jan 19, 2012 Price changed $120,500 MLS #1316206
Oct 26, 2011 Price changed $122,900 MLS #1316206
Oct 16, 2011 Listed $125,900 MLS #1316206
Jul 2, 2008 Sold $102,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $175,000 $175,000 $2,205
2024 $175,000 $175,000 $2,247
2023 $175,000 $175,000 $2,348
2022 $140,000 $140,000 $1,904
2021 $140,000 $140,000 $2,029
2020 $140,000 $140,000 $1,923
2019 $140,000 $140,000 $1,878
2018 $123,000 $123,000 $1,628
2017 $123,000 $123,000 $1,603
2016 $118,330 $118,330 $1,548
2015 $118,330 $118,330 $1,551
2014 $116,500 $116,500 $1,542
2013 $116,500 $116,500 $1,542
2012 $102,500 $102,500 $900
2011 $102,500 $102,500 $884
2010 $68,800 $887
2009 $68,800 $866

Property facts

Year built
1998
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
962 sqft
Lot size
ZIP code
40206
City
Louisville
Street
Lake Ave
Coordinates
38.26642, -85.70053

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
$1,443
Gross rental yield
9.89%
Implied cap rate
6.43%
Trend-extrapolated value

Frequently asked questions

When did 48 Lake Ave last sell?
48 Lake Ave most recently sold on May 31, 2022 for $175,000.
What is the current tax assessment for 48 Lake Ave?
The most recent total assessment for 48 Lake Ave (year 2025) is $175,000 with $2,205 in property tax.
How does 48 Lake Ave's assessment compare to its last sale price?
The current assessment is 0.0% above the last sale price of $175,000.
When was 48 Lake Ave built?
48 Lake Ave was built in 1998.
How does 48 Lake Ave compare to others on Lake Ave?
We track 8 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 48 Lake Ave?
48 Lake Ave is a 2 bed, 2 bath, 962 sqft condos.
Is 48 Lake Ave a flip candidate?
No — 48 Lake Ave does not appear in our flips dataset.
Is 48 Lake Ave a tax-appeal candidate?
No — 48 Lake Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-6.4%
Implied 1-yr
-25.8%
2026 Q3
$207.3K
2026 Q4
$184.3K
ZIP 40206 — Median Price History + Forecast

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