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The Hollinden Team Louisville KY Real Estate Blog

3547 Saint Andrews Village Cir Louisville, KY 40241

3547 Saint Andrews Village Cir Louisville, KY 40241

3547 St. Andrews Village Circle is now under contract. Stay tuned for future opportunities or call the Hollinden Team at 502-429-3866 to find out more about St. Andrews Village patio homes for sale. To Welcome to 3547 St. Andrews Village Circle in St. Andrew Village patio homes in Louisville KY. Enter this three bedroom and two full bathroom patio home and you are immediately greeted by a well-lit foyer. From the foyer, you are led into the spacious living room area. The living room features vaulted ceilings, a well-appointed fireplace, and a trendy drum pendant light fixture. The living room is spacious enough to arrange furniture in a way that will create a nice conversational area. Two French doors are in the living room to provide access to the Florida room.

3547 Saint Andrews Village Circle

While in the living room, you will notice the neutral gray paint color throughout the home. This color allows new owners to play around with just about any color palette they choose. There are two accent walls that are painted a yellow tone that beautifully compliments the neutral gray tone. This color palette was carefully chosen to reflect modern day color schemes. All flooring in this home is new (except the owner's suite) laminate hardwood flooring. Any carpet found in this home is of the highest caliber. The high-quality plantation blinds throughout the home cost around $7,000 in total.

3547 Saint Andrews Village Circle

Directly in front of the living room is the eating area. The eating area, living room, and kitchen are open to one another, creating a nice flow when entertaining. The eating area features a stylish black chandelier, wainscot, and vaulted ceilings. Please note that all the beautiful artwork that compliments this home so well will be available to purchase. The eating area flows into the fully updated kitchen.

3547 Saint Andrews Village Circle

In the kitchen, you will see a grayish tone quartz countertop, gray cabinetry, silver tone tile backsplash, and stainless steel appliances. Lighting will never be an issue in this kitchen as there are two updated pendant light fixtures, as well as can lighting lining the kitchen. The colors in the kitchen are a neutral gray palette, allowing the owners to personalize with just about any color scheme they please. When viewing the kitchen, note the two custom-built French doors that lead to the oversized pantry area. It is touches like this that add so much elegance and personality to a kitchen.

3547 Saint Andrews Village Circle

Exit the kitchen and walk down the hallway and you will find the first bedroom on your right. The first bedroom includes a chic turquoise chandelier, double door closet, large windows, and vaulted ceilings. Across the hall from the first bedroom is a full bathroom. This full bathroom is much larger than most guest full bathrooms. The neutral gray walls paired with the white vanity and bathtub creates a clean and crisp appearance to this bathroom. The border of the walls is lined with a silver tone tile, adding pizazz to the neutral style bathroom. That same tile runs down the middle of the wall by the bathtub. If you look closely while viewing the pictures, you can find a small figurine of a man diving into the bathtub! Other features of this full bathroom include a beige tone tile floor, modern style mirror, can lighting, and an updated light fixture.

3547 Saint Andrews Village Circle

Next, we will move into the second bedroom. Like the first bedroom, the second bedroom features double closet doors, vaulted ceilings, and a similar chic white chandelier. The owner's suite is sure to impress any buyer. The owner's suite boasts vaulted ceiling, modern style chandelier, large windows, and carpet to keep your feet warm on cold mornings. Walk through the French doors in the owner's suite and you have arrived in the luxurious owner's bathroom. The owner's bathroom includes double vanities, ample lighting, pewter colored modern mirrors, AMPLE cabinetry, and tile flooring. There is another set of French doors that lead to the toilet and showering area within the owner's bathroom. Also, located in the owner's bathroom is the large walk-in closet.

Moving to the Florida room in the home, you will find a ceiling fan and plenty of space for entertaining. The blinds in the Florida room are controlled by a remote control! The fan in the sunroom is unique compared to most fans as it looks like a bladed propeller and moves around more air than your average fan. There are three high definition flat screen televisions mounted on the walls that will remain.

Additional features in this home include handicap accessibility; new water heater in 2016; regularly serviced Bryan home generator; and alarm system. Saint Andrews Village also has a pool and clubhouse that is handicap accessible. It is rare to find a patio home community that has a pool and clubhouse, especially as nice as Saint Andrews Village pool and clubhouse.

In addition, the condo is located beside Standard Golf Club. This condo is conveniently located off Brownsboro Road (Hwy 22). For grocery shopping, there is a Kroger down the street.

For more information on St. Andrews Villages patio homes for sale, call the Hollinden Team at 502-429-3866. 


What is a FHA 203k Renovation Loan?

203k Rehab Mortgage Insurance

A few years ago, Steve Dobbs wrote about his experience obtaining a 203k rehab loan. Steve purchased a rehab property and obtained a 203k loan for the repairs. We are going to touch on the topic more in our latest blog.

The Federal Housing Administration (FHA) provides both limited 203k rehab mortgage and 203k rehab mortgage insurance. Both loans are available to homeowners to provide financing on the purchase of a home as well as financing on renovations on homes.

To obtain 203k rehab mortgage, the home must be at least one-year-old. The renovation can be as little as $5,000 worth of work and all the way up to a complete rehabilitation of the whole home. This loan option would be good for a home that needs extensive work. Make sure to visit the U.S. Department of Housing and Urban Development (HUD) website to find out more about home improvement activities that are approved. There is also an FHA mortgage limit per area that borrowers must meet. You can find out the limit on the HUD website. 

According to HUD, once the repairs are complete on the home, the value of the home will be determined by adding the purchase price to cost of renovations or by calculating 110 percent of the appraised value after renovations. Whichever of these two options is less is the option that will be used. 

Limited 203k loans would be a good option for a home that needs $35,000 or less in repairs. When Steve obtained a 203k loan, he closed, the work was done, an appraiser came out to see that the work was finished, then the remainder of funds were released to the contractor. Appraisal are usually more expensive on rehab loans because you have to get a dual appraisal (an appraisal upon purchase and an appraisal with estimated repairs). 

Limited 203k loans and 203k rehab mortgage must be used on a primary residence. This means that you couldn’t use this mortgage insurance on a vacation home or investment property.

Although a 203k loan is an FHA loan, sometimes it can take a little longer to close. This isn't always the case but sometimes it is. Also, 203k loans sometimes require borrowers to provide a lot more paperwork than your average home loan. 

If you have any questions regarding 203k Rehab loans, please contact the Hollinden Team at 502-429-3866. If you would like to speak to a lender regarding obtaining a 203k loan, we have a lender we can recommend to you. 


203(k) Rehab Mortgage Insurance. (n.d.). Retrieved November 01, 2016, from http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/203k/203k--df