7070 Wildwood Cir #153 · Louisville/Jefferson County metro government (balance), KY 40291

$109,000

1 bd · 1.0 ba · 683 sqft · Condo · 35 Days on market

Built 1979 $179/mo HOA · 16% of rent

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +13.8/30.0
• ARV discount +7.5/15.0
• 1% rule +5.4/10.0
• Rent growth +5.0/5.0
• DSCR +4.2/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

DESIRABLE, CAREFREE, CONVENIENT, Condo Living! Own it, love it and appreciate the freedom this ADORABLE One Bedroom, 1 bath, approximately 700 s.f. provides for both young and old alike! This ATTRACTIVE & UPDATED first floor ranch style home offers easy trouble-free living for busy people on the go or a great place to retire to and just take-it-easy (and there are no steps)! You?ll love the OPEN FLOOR PLAN and all the recent updates this unit has to offer. Upon entry you?re welcomed by the openness of the Living area, Dining Area and Kitchen, creating the spacious environment we all long for. The Living Room, Dining Area, hall and Bedroom has nice new modern California Shag carpeting. Everything has been freshly painted and some new remote-ceiling fans & lighting fixtures added. Just wait till you see the newly remodeled Kitchen with new, crisp White Cabinetry, neutral counter tops, built-in microwave & dishwasher. The smooth top range and refrigerator also remain. The open breakfast bar overlooks the Living Rm. and Dining area. There is plenty of room in the Living Room for the entertainment center or big screen TV and the patio doors lead out to the patio. The Dining area will accommodate a nice size table or even a hutch if desired. The laundry room complete with washer and dryer offers ample room for the laundry and some storage. King-size Master Bedroom with 2 double closets! The bathroom is roomy and complimented with ceramic tile, a new pedestal sink, extra cabinetry for storage and new bath fixtures. You?ll enjoy long hot showers with what seems like endless hot water and fantastic water pressure, as shared by the seller. By the way, the water, trash, and exterior maintenance, grounds keeping and Master insurance is covered by the monthly maintenance fee which is only $117.00 per month, so shower away! One of the outstanding features of this quiet, sequestered condo community is the lovey grounds that offer beautiful shade trees with benches, swings, and picnic tables for all the residents to enjoy, located just a few steps away from your patio. What a great place to take a walk, sit and read a book or visit with the neighbors. So, if you love the outdoors and want to have friends or family over for that summer cook-out, this is the perfect set up! Across the road to the right is the Clubhouse, pool, playground, tennis courts, basketball court and more picnic facilities for your enjoyment. You?ll have ample parking just out front of your own domain with visibility and easy access to your entry door along with all the great amenities this development has to offer. Yes, it?s the PERFECT LOCATION just off Bardstown Rd & Watterson Trail, for the PERFECT PRICE of $57,500 with payments so affordable and cheaper than rent, with the PERFECT LIFESTYLE for some LUCKY BUYER ready to call this ?HOME?!!

Key facts

• Tennis courts
• Pool
• Playground area

Tags

• BREAKFAST BAR
• SEPARATE LAUNDRY ROOM
• POOL
• TENNIS COURTS
• PLAYGROUND AREA

Property features AI

Finance

• Other: Building has 2 floors total with 8 condo units; Building area reported as 683 above-grade finished living area
• HOA & community: Association present with monthly maintenance fee; Community amenities include clubhouse, playground, and pool; Rental allowed; Pets allowed per restrictions

Exterior

• Parking: One assigned parking space; No additional parking features listed
• Utilities: Electricity connected; Natural gas
• Home design: Condominium (residential); One-story unit; Located on the first floor; Other architectural style
• Construction: Built in 1979; Brick construction; Shingle roof; Slab foundation
• Exterior features: No fencing; Condominium in the Wildwood subdivision; Located on building 7070, unit 153

Interior

• Kitchen: Eat-in kitchen (first floor)
• Bedrooms: One bedroom on the first floor
• Bathrooms: One full bathroom on the first floor
• Heating & cooling: Forced air heating (natural gas); Central air conditioning
• Interior features: Eat-in kitchen; Dining area; Living room; Laundry on the first floor; Three closets (total)
• Laundry & utility: First-floor laundry

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $109k.

Deal economics

• At list price, monthly cash flow is $9 ($109/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $109k).
• Recommended offer: $106k (3.0% below list) — sets the bar for market timing.
• Cap rate 6.4% vs local median 4.0% in Louisville/Jefferson County metro government (balance) — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• Jefferson County (urban): math 19% / reading 35% proficiency, ranked #121 of 165 in KY (top 73%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Fern Creek Elementary (math 11% / reading 27%, grade F, #599 of 676 statewide, top 89%, 712 students, 66% FRL); Newburg Middle (math 14% / reading 36%, grade F, #184 of 217 statewide, top 87%, 941 students, 64% FRL); Fern Creek High (math 20% / reading 27%, grade F, #199 of 254 statewide, top 78%, 1,688 students, 60% FRL).
• Market conditions: Rents rising fast (+15.0%/yr); 294 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,836 units permitted in Jefferson County in 2024 (1,558 in 5+ unit buildings).
• This rent is only 17% of the median local income ($81k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $754 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Jefferson County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 35 days — a 3% lower offer ($106k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 25y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $52k; list at $109k implies a 108% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $105,730 (3.0% below list)

Questions for the listing agent

1. It's been on market 35 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.04% ✓
• Cap rate: 6.39%
• Cash-on-cash: 0.36%
• DSCR: 1.02
• GRM: 8.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -9.3%
• Equity multiple: 0.64×
• Total profit: $-11,021
• Equity at exit: $16,252

10-year hold

• IRR: 6.5%
• Equity multiple: 1.61×
• Total profit: $18,702
• Equity at exit: $9,424

Cash invested: $30,520 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Kentucky: 83 Strongly Landlord-Friendly · R+16
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit (URLTA cities); generally landlord-friendly.

Methodology + full state rankings →

ZIP-level market 40291

• Rents YoY: 15.0%
• Active inventory: 294
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,129 high
• Mortgage (P&I): −$572
• Tax from tax record: −$87 /mo · $1,045/yr
• Insurance: −$45
• HOA: −$179
• Vacancy / Maint / Mgmt: −$237
• Net cashflow: $9

Break-even live

Break-even rent $1,118

Max offer price $109,000

Occupancy floor 94%

Sensitivity live

Price	-10% $71	-5% $40	+0% $9	+5% $-22	+10% $-53
Rent	-10% $-80	-5% $-36	+0% $9	+5% $54	+10% $98
Rate	-1.0pp $64	-0.5pp $37	base $9	+0.5pp $-19	+1.0pp $-48

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $27,250
• Closing costs: $3,270
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4603 Roxann Blvd Louisville, KY	1.0	1.0	576	$1,025	$1.78	4d	6	0.35mi
4204 Breckenridge Ln Louisville, KY	1.0	1.0	650	$892	$1.37	16d	7	0.79mi
4313 Norbrook Dr Unit 4 Louisville, KY	2.0	1.0	725	$950	$1.31	25d	1	0.89mi
4311 Norbrook Dr Apt 4 Louisville, KY	1.0	1.0	550	$850	$1.55	25d	1	0.89mi
6003 Jo Danielle Pl Louisville, KY	1.0–2.0	1.0–2.0	888	$1,085	$1.22	18d	7	1.19mi
5312 Poindexter Dr Louisville, KY	1.0–3.0	1.0–2.0	824	$870	$1.06	4d	7	1.26mi
2041 Shady Grove Way Louisville, KY	3.0	1.0–2.0	754	$1,042	$1.38	25d	4	1.41mi
3500 Lodge Ln #240 Louisville, KY	1.0	1.0	687	$1,040	$1.51	5d	1	1.49mi

HOA detail condo

• Monthly dues: $179 · $2,148/yr
• Likely covers: watertrashlandscapingexterior maint.insurancepool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 21 events

1. 2026-06-13
   statusdays on market $109,000 Pending 35 DOM
2. 2026-06-10
   days on market $109,000 Active Under Contract 33 DOM
3. 2026-06-09
   days on market $109,000 Active Under Contract 32 DOM
4. 2026-06-08
   days on market $109,000 Active Under Contract 31 DOM
5. 2026-06-07
   days on market $109,000 Active Under Contract 30 DOM
6. 2026-06-03
   days on market $109,000 Active Under Contract 26 DOM
7. 2026-06-02
   days on market $109,000 Active Under Contract 25 DOM
8. 2026-06-01
   days on market $109,000 Active Under Contract 24 DOM
9. 2026-05-31
   days on market $109,000 Active Under Contract 23 DOM
10. 2026-05-12
    historical Active Under Contract
11. 2026-05-08
    listed $109,000 Active
12. 2013-08-14
    soldstatus $52,500
13. 2013-08-12
    soldstatus $52,500 2865-char remark

    Show marketing remark (2865 chars)

    DESIRABLE, CAREFREE, CONVENIENT, Condo Living! Own it, love it and appreciate the freedom this ADORABLE One Bedroom, 1 bath, approximately 700 s.f. provides for both young and old alike! This ATTRACTIVE & UPDATED first floor ranch style home offers easy trouble-free living for busy people on the go or a great place to retire to and just take-it-easy (and there are no steps)! You?ll love the OPEN FLOOR PLAN and all the recent updates this unit has to offer. Upon entry you?re welcomed by the openness of the Living area, Dining Area and Kitchen, creating the spacious environment we all long for. The Living Room, Dining Area, hall and Bedroom has nice new modern California Shag carpeting. Everything has been freshly painted and some new remote-ceiling fans & lighting fixtures added. Just wait till you see the newly remodeled Kitchen with new, crisp White Cabinetry, neutral counter tops, built-in microwave & dishwasher. The smooth top range and refrigerator also remain. The open breakfast bar overlooks the Living Rm. and Dining area. There is plenty of room in the Living Room for the entertainment center or big screen TV and the patio doors lead out to the patio. The Dining area will accommodate a nice size table or even a hutch if desired. The laundry room complete with washer and dryer offers ample room for the laundry and some storage. King-size Master Bedroom with 2 double closets! The bathroom is roomy and complimented with ceramic tile, a new pedestal sink, extra cabinetry for storage and new bath fixtures. You?ll enjoy long hot showers with what seems like endless hot water and fantastic water pressure, as shared by the seller. By the way, the water, trash, and exterior maintenance, grounds keeping and Master insurance is covered by the monthly maintenance fee which is only $117.00 per month, so shower away! One of the outstanding features of this quiet, sequestered condo community is the lovey grounds that offer beautiful shade trees with benches, swings, and picnic tables for all the residents to enjoy, located just a few steps away from your patio. What a great place to take a walk, sit and read a book or visit with the neighbors. So, if you love the outdoors and want to have friends or family over for that summer cook-out, this is the perfect set up! Across the road to the right is the Clubhouse, pool, playground, tennis courts, basketball court and more picnic facilities for your enjoyment. You?ll have ample parking just out front of your own domain with visibility and easy access to your entry door along with all the great amenities this development has to offer. Yes, it?s the PERFECT LOCATION just off Bardstown Rd & Watterson Trail, for the PERFECT PRICE of $57,500 with payments so affordable and cheaper than rent, with the PERFECT LIFESTYLE for some LUCKY BUYER ready to call this ?HOME?!!

14. 2013-06-13
    listed $57,500 2865-char remark

    Show marketing remark (2865 chars)

    DESIRABLE, CAREFREE, CONVENIENT, Condo Living! Own it, love it and appreciate the freedom this ADORABLE One Bedroom, 1 bath, approximately 700 s.f. provides for both young and old alike! This ATTRACTIVE & UPDATED first floor ranch style home offers easy trouble-free living for busy people on the go or a great place to retire to and just take-it-easy (and there are no steps)! You?ll love the OPEN FLOOR PLAN and all the recent updates this unit has to offer. Upon entry you?re welcomed by the openness of the Living area, Dining Area and Kitchen, creating the spacious environment we all long for. The Living Room, Dining Area, hall and Bedroom has nice new modern California Shag carpeting. Everything has been freshly painted and some new remote-ceiling fans & lighting fixtures added. Just wait till you see the newly remodeled Kitchen with new, crisp White Cabinetry, neutral counter tops, built-in microwave & dishwasher. The smooth top range and refrigerator also remain. The open breakfast bar overlooks the Living Rm. and Dining area. There is plenty of room in the Living Room for the entertainment center or big screen TV and the patio doors lead out to the patio. The Dining area will accommodate a nice size table or even a hutch if desired. The laundry room complete with washer and dryer offers ample room for the laundry and some storage. King-size Master Bedroom with 2 double closets! The bathroom is roomy and complimented with ceramic tile, a new pedestal sink, extra cabinetry for storage and new bath fixtures. You?ll enjoy long hot showers with what seems like endless hot water and fantastic water pressure, as shared by the seller. By the way, the water, trash, and exterior maintenance, grounds keeping and Master insurance is covered by the monthly maintenance fee which is only $117.00 per month, so shower away! One of the outstanding features of this quiet, sequestered condo community is the lovey grounds that offer beautiful shade trees with benches, swings, and picnic tables for all the residents to enjoy, located just a few steps away from your patio. What a great place to take a walk, sit and read a book or visit with the neighbors. So, if you love the outdoors and want to have friends or family over for that summer cook-out, this is the perfect set up! Across the road to the right is the Clubhouse, pool, playground, tennis courts, basketball court and more picnic facilities for your enjoyment. You?ll have ample parking just out front of your own domain with visibility and easy access to your entry door along with all the great amenities this development has to offer. Yes, it?s the PERFECT LOCATION just off Bardstown Rd & Watterson Trail, for the PERFECT PRICE of $57,500 with payments so affordable and cheaper than rent, with the PERFECT LIFESTYLE for some LUCKY BUYER ready to call this ?HOME?!!

15. 2005-06-02
    soldstatus $53,000
16. 2005-05-31
    soldstatus $53,000 531-char remark

    Show marketing remark (531 chars)

    Immediate possession. First Floor! Comfortable 1 bedroom, 1 bath condo in Wildwood. Eat in kitchen and bar stool area. Large Living Room with sliding glass doors to patio. Kitchen includes stove, refrigerator, dishwasher, microwave and garbage disposal. Separate laundry room with washer and dryer also stay. Ceramic tile in bathroom. New A/C in 2004, Roof replaced in 2003. Convenient area. Common ground includes clubhouse, inground swimming pool, tennis court, basketball court, playground, picnic area. Lots of fun. Call today!

17. 2004-12-11
    listed $55,500 531-char remark

    Show marketing remark (531 chars)

    Immediate possession. First Floor! Comfortable 1 bedroom, 1 bath condo in Wildwood. Eat in kitchen and bar stool area. Large Living Room with sliding glass doors to patio. Kitchen includes stove, refrigerator, dishwasher, microwave and garbage disposal. Separate laundry room with washer and dryer also stay. Ceramic tile in bathroom. New A/C in 2004, Roof replaced in 2003. Convenient area. Common ground includes clubhouse, inground swimming pool, tennis court, basketball court, playground, picnic area. Lots of fun. Call today!

18. 2004-12-03
    historical
19. 2004-08-03
    listed $59,900
20. 2001-06-15
    soldstatus $53,500
21. 2001-05-12
    listed $55,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast KY · Resets to sale price

• Current annual tax: $1,045 · $87/mo
• Projected year-2 tax: $1,045 · $87/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥104°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 3% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,552
• − Mortgage interest: −$6,106
• − Property taxes: −$1,045
• − Insurance: −$545
• − Repairs & maintenance: −$1,084
• − Management: −$1,084
• − HOA: −$2,148
• − Depreciation: −$3,171
• Taxable loss: −$1,631
• Est. tax savings @ 24.0%: +$391
• After-tax cash flow: $500/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Jefferson County
• NCES district ID: 2102990
• Math proficiency: 19% ▼ -17.00%
• Reading proficiency: 35% ▼ -11.00%
• Median HH income: $47,885
• Composite: 23.45/100
• National rank: #7884
• State rank: #121 of 165 in KY

Livability — Louisville/Jefferson County metro government (balance)

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Louisville/Jefferson County metro government (balance), KY
• County: Jefferson County · 790,184 people
• City population: 419,741
• Metro: Louisville/Jefferson County, KY-IN
• Population (ZIP): 41,222
• Household income: $81,267
• Rent vs Own: 23.3% rent · 76.7% own
• Severe rent burden: 790.0

Population outlook (Jefferson County) Hauer SSP2

• Today (2025): 823,112 people
• By 2030: 849,343 · +3.2%
• By 2040: 895,696 · +8.8%
• By 2050: 933,630 · +13.4%
• By 2075: 1,028,262 · +24.9%
• By 2100: 1,072,675 · +30.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (66%)
• Race & ethnicity: White 66% Black 19% Two or more races 8% Hispanic / Latino 8% Asian 3%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Italian 4% Slovak 3% Lithuanian 2%
• Foreign-born: 7% · Canada, India, Vietnam
• Languages at home: 89% English-only · Spanish 4% Russian/Polish/Slavic 1% French/Haitian/Cajun 1%

Political lean MEDSL · Jefferson

• 2024 margin: D (+16.6) · D 57.4% · R 40.9% · Other 1.7%
• 2008→2024 swing: +4.5pp toward D · 2008: 12.0pp · 2024: 16.6pp
• All cycles: 2024: D+16.6 2020: D+20.1 2016: D+13.3 2012: D+11.1 2008: D+12.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -279.15%
• Current HPI: 218.0784
• Rent YoY: ▲ 14.96%
• Metro: Louisville/Jefferson County, KY-IN
• State GDP YoY: ▲ 1.81%
• F500 in state: 4

Industry mix (Fortune 500 HQ in KY)

Industry	F500 HQs	Revenue
▸Healthcare	1	$118B
▸Food / Beverage	1	$7B

Price history

+95.0% since first listed

12 events — show timeline

• 2026-05-12 Contingent — Metro Search MLS
• 2026-05-08 Listed $109,000 Metro Search MLS
• 2013-08-14 Sold (Public Records) $52,500 Public Records
• 2013-08-12 Sold (MLS) $52,500 Metro Search MLS
• 2013-06-13 Listed $57,500 Metro Search MLS
• 2005-06-02 Sold (Public Records) $53,000 Public Records
• 2005-05-31 Sold (MLS) $53,000 Metro Search MLS
• 2004-12-11 Listed $55,500 Metro Search MLS
• 2004-12-03 Listing Removed — Metro Search MLS
• 2004-08-03 Listed $59,900 Metro Search MLS
• 2001-06-15 Sold (MLS) $53,500 Metro Search MLS
• 2001-05-12 Listed $55,900 Metro Search MLS

Property tax history

+5.9%/yr

Latest (2025): $1,045 · +49.4% YoY. Source: county tax records.