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5120 Reed Ave

Louisville, KY 40214

2 bd 1 ba 1,074 sqft Built 1938 Lot 3,920 sqft single_family
Most recent sale
$105,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 17, 2023 Listing removed Zumper
Jan 16, 2023 Listed for rent $1,000 Zumper
Jan 5, 2023 Listing removed Zumper
Jan 2, 2023 Listing removed Zumper
Jan 2, 2023 Listed for rent $1,000 Zumper
Dec 28, 2022 Listed for rent $1,000 Zumper
Dec 28, 2022 Listing removed Zumper
Oct 26, 2022 Listing removed Louisville
Oct 18, 2022 Price changed $179,000 MLS #1623336
Oct 3, 2022 Listed $185,000 MLS #1623336
May 29, 2022 Listing removed Louisville
May 27, 2022 Sold $105,000 Public Record
May 11, 2022 Listed $104,900 MLS #1611871
Nov 29, 2016 Listing removed $75,000 Louisville
Nov 28, 2016 Sold $75,000 Louisville
Aug 5, 2016 Listed $75,000 MLS #1454872

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $87,970 $20,060 $108,030 $1,361
2024 $87,970 $20,060 $108,030 $1,348
2023 $84,940 $20,060 $105,000 $1,409
2022 $55,110 $20,060 $75,170 $1,022
2021 $55,110 $20,060 $75,170 $1,084
2020 $57,000 $9,000 $66,000 $907
2019 $57,000 $9,000 $66,000 $885
2018 $57,000 $9,000 $66,000 $874
2017 $57,000 $9,000 $66,000 $860
2016 $61,000 $7,500 $68,500 $896
2015 $61,000 $7,500 $68,500 $898
2014 $61,000 $15,000 $76,000 $1,006
2013 $61,000 $15,000 $76,000 $1,006
2012 $61,000 $15,000 $76,000 $999
2011 $61,000 $15,000 $76,000 $981
2010 $76,000 $980
2009 $76,000 $958

Property facts

Year built
1938
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,074 sqft
Lot size
3,920 sqft
ZIP code
40214
City
Louisville
Street
Reed Ave
Coordinates
38.16261, -85.77722

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
$630
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5120 Reed Ave last sell?
5120 Reed Ave most recently sold on May 27, 2022 for $105,000.
What is the current tax assessment for 5120 Reed Ave?
The most recent total assessment for 5120 Reed Ave (year 2025) is $108,030 with $1,361 in property tax.
How does 5120 Reed Ave's assessment compare to its last sale price?
The current assessment is 2.9% above the last sale price of $105,000.
When was 5120 Reed Ave built?
5120 Reed Ave was built in 1938.
How does 5120 Reed Ave compare to others on Reed Ave?
We track 4 other properties on Reed Ave. Browse the list under "Other properties on Reed Ave" to compare beds, baths, and sale history.
What are the property facts for 5120 Reed Ave?
5120 Reed Ave is a 2 bed, 1 bath, 1,074 sqft, 3,920 sqft lot single_family.
Is 5120 Reed Ave a flip candidate?
No — 5120 Reed Ave does not appear in our flips dataset.
Is 5120 Reed Ave a tax-appeal candidate?
No — 5120 Reed 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
+3.5%
Implied 1-yr
+14.0%
2026 Q3
$267.6K
2026 Q4
$275.2K
ZIP 40214 — Median Price History + Forecast

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