For SaleRisky Deal24 days on market
1125 Summit Dr
1125 Summit Dr, Shelbyville, KY 40065, Shelbyville, KY 40065
$399,900
Estimate®:$393,800
Listing Price
1125 Summit Dr, Shelbyville, KY 40065
Loc: Shelbyville, KY
Days Listed
24
Tax Assessed
$310k
Estimate®
$394k
Market Rate
Lot Size
9,583 sqft
Rent Estimate
$2,881/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
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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
1.6 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 exteriorattached garagetwo-storygabled roofvinyl sidingbay windowresidentialsuburbanlandscaped lawncozycovered porchsunset lighting
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.64%
Total ROI
81.4%
Cash Flow
$-196/mo
DSCR
0.91
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-196/mo net cash flow with a 5.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.6%)
- • Strong rental demand in Shelbyville
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 |
|---|---|---|---|
| 2026-07-30 | Listed for sale | $399,900 | $136 |
| 2024-02-09 | Listing removed | $0 | – |
| 2024-01-24 | Listed for rent | $2,200 | $1 |
| 2024-01-22 | Listing removed | $0 | – |
| 2023-11-22 | Listed for rent | $2,200 | $1 |
| 2023-11-08 | Listing removed | $0 | – |
| 2023-11-02 | Listed for rent | $2,395 | $1 |
| 2023-06-06 | Sold | $310,000 | $106 |
| 2023-05-24 | Pending sale | $325,000 | $111 |
| 2023-05-16 | Contingent | $325,000 | $111 |
| 2023-05-05 | Listed for sale | $325,000 | $111 |
| 2023-04-21 | Pending sale | $325,000 | $111 |
| 2023-04-18 | Listed for sale | $325,000 | $111 |
| 2005-05-12 | Sold | $158,000 | $54 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,986.55 | $310,000 |
| 2024 | $4,045.45 | $310,000 |
| 2023 | $1,707.79 | $158,000 |
| 2022 | $1,715.69 | $158,000 |
| 2021 | $1,763.09 | $158,000 |
| 2020 | $2,194.9 | $158,000 |
| 2019 | $2,194.9 | $158,000 |
| 2018 | $2,153.22 | $158,000 |
| 2017 | $2,153.22 | $158,000 |
| 2016 | $1,684.59 | $158,000 |
| 2015 | $1,684.59 | $158,000 |
| 2014 | $1,684.59 | $158,000 |
| 2013 | $1,684.59 | $158,000 |
| 2012 | $0 | $158,000 |
| 2011 | $0 | $158,000 |
| 2010 | $0 | $158,000 |
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