For SaleRisky Deal0 days on market
2038 Hearthside Cir
2038 Hearthside Cir, Shelbyville, KY 40065, Shelbyville, KY 40065
$340,000
Estimate®:$322,100
Listing Price
2038 Hearthside Cir, Shelbyville, KY 40065
Loc: Shelbyville, KY
Days Listed
0
Tax Assessed
$295k
Estimate®
$322k
Market Rate
Rent Estimate
$1,936/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
1.6 mi away
6
Shelby County East Middle School
6-8
1.5 mi away
3
Shelby County High School
9-12
1.7 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
ranch stylebrick exteriorsingle-storycovered front porchgabled rooflandscaped yardtraditionalresidentialneutral color palettesuburbanwell-maintainedcozymulti-pane windows
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.16%
Total ROI
49.3%
Cash Flow
$-585/mo
DSCR
0.67
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-585/mo net cash flow with a 4.2% 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 |
|---|---|---|---|
| 2026-09-25 | Listed for sale | $340,000 | $179 |
| 2024-04-22 | Sold | $295,000 | $155 |
| 2024-03-09 | Pending sale | $295,000 | $155 |
| 2024-03-08 | Listed for sale | $295,000 | $155 |
| 2024-03-08 | Pending sale | $295,000 | $155 |
| 2024-03-07 | Listed for sale | $295,000 | $155 |
| 2020-04-30 | Sold | $200,000 | $105 |
| 2020-04-10 | Pending sale | $200,000 | $105 |
| 2020-04-10 | Listed for sale | $200,000 | $105 |
| 2009-04-28 | Sold | $145,000 | $76 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,795.98 | $295,000 |
| 2024 | $2,627 | $200,000 |
| 2023 | $2,149 | $200,000 |
| 2022 | $2,159 | $200,000 |
| 2021 | $2,219 | $200,000 |
| 2020 | $2,018.26 | $145,000 |
| 2019 | $2,018.26 | $145,000 |
| 2018 | $1,976.06 | $145,000 |
| 2017 | $1,976.06 | $145,000 |
| 2016 | $1,545.99 | $145,000 |
| 2015 | $1,545.99 | $145,000 |
| 2014 | $1,545.99 | $145,000 |
| 2013 | $1,545.99 | $145,000 |
| 2012 | $0 | $145,000 |
| 2011 | $0 | $145,000 |
| 2010 | $0 | $145,000 |
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