1240 Royal Ave
Louisville, KY 40204
3 bd 2 ba 2,740 sqft Built 1989 Lot 10,019 sqft single_family
Most recent sale
$376,000
Jul 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 5, 2022 | Sold | $376,000 | Public Record |
| Jun 27, 2022 | Sold | $376,000 | Louisville |
| May 31, 2022 | Listed | $375,000 | MLS #1613499 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $327,980 | $48,020 | $376,000 | $4,737 |
| 2024 | $327,980 | $48,020 | $376,000 | $4,827 |
| 2023 | $327,980 | $48,020 | $376,000 | $5,045 |
| 2022 | $368,540 | $48,020 | $416,560 | $5,665 |
| 2021 | $368,540 | $48,020 | $416,560 | $5,996 |
| 2020 | $274,850 | $60,000 | $334,850 | $4,601 |
| 2019 | $274,850 | $60,000 | $334,850 | $4,492 |
| 2018 | $274,850 | $60,000 | $334,850 | $4,434 |
| 2017 | $274,850 | $60,000 | $334,850 | $4,364 |
| 2016 | $274,850 | $60,000 | $334,850 | $3,898 |
| 2015 | $274,850 | $60,000 | $334,850 | $3,907 |
| 2014 | $192,170 | $50,000 | $242,170 | $2,730 |
| 2013 | $192,170 | $50,000 | $242,170 | $2,730 |
| 2012 | $192,170 | $50,000 | $242,170 | $2,736 |
| 2011 | $192,170 | $50,000 | $242,170 | $2,688 |
| 2010 | — | — | $208,470 | $2,689 |
| 2009 | — | — | $208,470 | $2,627 |
Property facts
Year built
1989
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,740 sqft
Lot size
10,019 sqft
ZIP code
40204
City
Louisville
Street
Royal Ave
Coordinates
38.22448, -85.72178
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,110
Gross rental yield
13.12%
Implied cap rate
8.53%
Trend-extrapolated value
—
Frequently asked questions
When did 1240 Royal Ave last sell?
1240 Royal Ave most recently sold on Jul 5, 2022 for $376,000.
What is the current tax assessment for 1240 Royal Ave?
The most recent total assessment for 1240 Royal Ave (year 2025) is $376,000 with $4,737 in property tax.
How does 1240 Royal Ave's assessment compare to its last sale price?
The current assessment is 0.0% above the last sale price of $376,000.
When was 1240 Royal Ave built?
1240 Royal Ave was built in 1989.
How does 1240 Royal Ave compare to others on Royal Ave?
We track 1 other property on Royal Ave. Browse the list under "Other properties on Royal Ave" to compare beds, baths, and sale history.
What are the property facts for 1240 Royal Ave?
1240 Royal Ave is a 3 bed, 2 bath, 2,740 sqft, 10,019 sqft lot single_family.
Is 1240 Royal Ave a flip candidate?
No — 1240 Royal Ave does not appear in our flips dataset.
Is 1240 Royal Ave a tax-appeal candidate?
No — 1240 Royal Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.4%
Implied 1-yr
-9.7%
2026 Q3
$421.6K
2026 Q4
$409.6K
ZIP 40204 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Royal Ave