For SaleRisky Deal37 days on market
1505 Overlook Cir
1505 Overlook Cir, Shelbyville, KY 40065, Shelbyville, KY 40065
$389,900
Estimate®:$386,600
Listing Price
1505 Overlook Cir, Shelbyville, KY 40065
Loc: Shelbyville, KY
Days Listed
37
Tax Assessed
$265k
Estimate®
$387k
Market Rate
Lot Size
0.29 acres
Rent Estimate
$2,446/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Wright Elementary School
K-5
1.1 mi away
6
Shelby County East Middle School
6-8
1.3 mi away
3
Shelby County High School
9-12
0.8 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
traditionalbrick exteriortwo-storygabled rooftwo-car garagevinyl siding accentsfront porchlandscaped lawnsuburbanresidentialsingle-family homewelcomingwell-maintained
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.86%
Total ROI
64.5%
Cash Flow
$-444/mo
DSCR
0.78
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-444/mo net cash flow with a 4.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Shelbyville, KY
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-17 | Price change | $389,900 | $188 |
| 2026-09-04 | Price change | $398,000 | $192 |
| 2026-08-19 | Listed for sale | $399,900 | $192 |
| 2016-07-06 | Sold | $221,500 | $107 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,025.28 | $265,000 |
| 2024 | $3,054.43 | $265,000 |
| 2023 | $3,096.83 | $265,000 |
| 2022 | $2,607.43 | $221,500 |
| 2021 | $2,673.9 | $221,500 |
| 2020 | $2,681.19 | $221,500 |
| 2019 | $2,681.19 | $221,500 |
| 2018 | $2,637.62 | $221,500 |
| 2017 | $2,637.62 | $221,500 |
| 2016 | $233.24 | $27,000 |
| 2015 | $233.24 | $20,000 |
| 2014 | $233.24 | $20,000 |
| 2013 | $233.24 | $20,000 |
| 2012 | $0 | $20,000 |
| 2011 | $0 | $20,000 |
| 2010 | $0 | $26,000 |
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