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The Hollinden Team Louisville KY Real Estate Blog

309 Revolutionary Rd in Louisville KY

Come see 309 Revolutionary Road it the Yorktown neighborhood. This home has been well maintained and modernized over the years. This home is not currently listed.  Contact the Hollinden Team about this home’s history and other houses in the area.

Front Porch on 309 Revolutionary Rd

The first floor has been opened by removing the wall between the living room and family Patio on 309 Revolutionary Rdroom making it quite spacious. The fireplace mantel was added and dates back to the late 1880's. From the family room, you exit onto a patio under a trellis to enjoy the garden paradise in the backyard. To the left we have a raised garden and there is another more elaborate brick patio to the right. 

 

 

Kitchen on 309 Revolutionary Rd

The kitchen and formal dining area have been merged and form a great gathering area. The island is a nice place for eating and gives more workspace for the cook. Upstairs you will find 4 good sized bedrooms including the master. Closet space here is more than adequate and will surprise you.

 The curb appeal is picture perfect. It is not often that you see a front porch that is 40 foot long with plenty of mature shade, to relax and chat with the neighbors in the front yard. Come see why the present owners have made this home for 20 years.

Give The Hollinden Team a call to see this fine home.

 

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254 Lakewood Drive in Mt Washington KY

Our newest listing is a patio home and we dare you to compare 254 Lakewood against the competition at Woodlake subdivision in Mt Washington, and the surrounding area. This modern patio home is the best in Woodlake and we know that you will agree. As you enter, you will Corner view of 254 Lakewood in Mt Washingtonnotice the open floor plan and vaulted ceiling. In the kitchen there are top of the line Stainless Steel appliances with extra touches throughout. Not your average flooring here, or in the baths--This is custom ceramic tile featuring a unique design! A great addition of this patio home would be the loft area that is currently used as an office, but it could be used as a library or a craft room. Leading from the loft are 2 'bonus' areas that could be finished however you like. The area over the garage is currently used for storage, but is framed and ready to finish also. The master bedroom has a spacious feeling due to its vaulted ceiling. The master bath has a whirlpool tub, separate shower, and a dual vanity. An ADT alarm system adds to your security. Thinking ahead, the owners have wired the home to be generator ready. TheGreat 254 Lakewood Mt Washington Florida room has an abundance of windows with natural lighting; and leads to the patio area. The patio features 'stamped' concrete, and a view of the lake that is really nice for relaxing! Come to Woodlake and see what maintenance-free living is all about.

 

This was a great home that sold in less than 3 months.  Contact the Hollinden Team today to see how we can get your home sold.

 

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4320 Lochridge PKWY in Watterson Woods

Welcome to 4320 Lochridge Pkwy in Watterson Woods! You will find that this is one of the largest homes in the neighborhood, and has one of the largest lots at .35 acres.

4320 Lochridge Pkwy in Louisville KYAs you enter the home through the great room, your eyes move towards the wood burning fireplace and vaulted ceiling. The house then flows into the modern eat-in kitchen with a gas range. The family room is more than abundant and at the present time has a billiard table as the focal point. Being fitness oriented, the sellers have a room dedicated to a home gym.

The large master is conveniently located on the first floor. The master bath has room to spare with a double vanity. Three good sized bedrooms are located upstairs and there is a centrally located full bathroom. The end bedroom is special as it features its own half bath.

4320 Lochridge Pkwy in Louisville KYThe rear yard is quite unique and consists of 2 parts with Stony Brook Creek separating the two. The front part has a chain link fence and the rear part has a wood fence. A wooden walkway gives you access year around. The large deck looks over the back yard and is a great place to relax and listen to the bubbling creek.

 

You will find plenty of parking here with the conventional garage plus a circular driveway. The home gym and pool table are personal items of the seller. They are available for sale separately.

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FHA 203K Renovation Loan Success story in Louisville KY

Renovation loans can be a challenge in the Louisville KY market as well as many others.  We see lots of bank owned homes that need more than a little TLC to get them back in shape.  These would include Fannie Mae, Freddie Mac, local banks as well as the big boys, and HUD homes.

We recently bought a Fannie Mae Foreclosure that needed a lot of “Tender Loving Care”.  Our issues were termite damage, dilapidated carpet, single pane windows, shingles at the end of their life, gutters, siding with holes, outdated kitchen, etc.  Did I mention that it needed paint?  We knew that the price was right, but we required funds for repairs as well as the regular mortgage. 

We initially tried to get a HomePath “Renovation” loan as that seemed like a great deal.   Our first obstacle was finding a loan officer that could take care of us.  In Kentucky, HomePath loans are fairly popular, but we do not have anyone writing HomePath Renovation loans within the state.  To get a HomePath Renovation loan required us going to an out of state lender.  We found a good loan officer in Ohio and were quickly pre-approved.  As we progressed, we found that our down payment would now be 5% putting a squeeze on our cash flow.

FHA has always had their regular 203b loans.  They now offer a program called the 203k Renovation loan.  Within this program, they have the “Streamlined” version as well as the “Standard”.  The FHA Streamlined Renovation version is for expenditures of up to $35,000 and works for most people.  This enabled us to roll the repairs into the cost of the initial mortgage.  The list of what you can receive funding is quite large.  You can’t do major remodeling such as removing a load-bearing wall.  The FHA Standard Renovation loan is a different animal and something for another blog.

Before we made our offer, we contacted a general contractor of our choosing and had him give us an estimate.  We then felt comfortable making an offer and Fannie Mae accepted.  There was some paperwork involved, but we were able to close within 45 days.  Our contractor needed to show proof that he was licensed and insured and that was no big deal. 

As part of the appraisal process, we needed an “as-is” appraisal and a “finished” appraisal before we could get our loan.  The appraiser had our work estimate in hand so he knew what we were looking to accomplish.  The finished appraisal was estimated to be $15,000 more than we would have in the house.

On the day of closing, our contractor was able to receive 50% up front to cover his initial outlay for materials.  We are off to the races!!  A couple of weeks have passed and great progress is being made.  Our family moves to a newly painted and modernized home in a great neighborhood.

I like a story with a good ending.

For more details, feel free to contact The Hollinden Team in Louisville KY about this FHA Renovation process.

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10500 Fairmount Falls Way Louisville KY

We have decided to sell our personal home and move on to the next adventure!

10500 Fairmount Falls Way front view

We have done a lot of work to this home in Glenmary Estates and it shows! When you enter, you will instantly notice the gleaming hardwoods which cover the ground level, muted but attractive colors as well as upgraded, superior millwork which you will see throughout the rest of the home.

The dining room to the right is totally open with elegant columns providing needed support. Ahead a few steps and to your right, you will notice the gorgeous hearth room/kitchen with granite tops, custom maple cabinets, a full-sized stainless hood, premium stainless appliances (including an Advantium oven), island with beverage cooler and beautiful tile backsplashes. No effort or expense was spared here! The hearth room is totally open to the kitchen, and just adjacent to the eat-in area. Hearth and great rooms share a see-though gas fireplace.

The great room offers 18-foot ceilings, spectacular views of the wooded rear lawn through a massive wall of windows, and gracious space for entertaining or simply relaxing. There are TWO decks off this area – one accessible through the eat-in area (covered to protect you from the sun or weather), and the other from the hearth room. There is also a “back” staircase to the upper level in the hearth room – this is a unique but very functional design. At the opposite side of the home is the master suite, with vaulted ceilings, bath featuring ceramic flooring, double vanity, stand-up shower and jetted tub.

On the second level, you will note three spacious bedrooms with more than adequate closet space. and a HUGE bonus room. (With a closet added, this could be a fourth bedroom on this level.)

The basement features 1500 additional feet of meticulously-finished space, offering an arched double-door transom, media room, bedroom, full bath, second family room with triple full-sized windows and views of the woods. The basement also houses a nice workshop (with overhead door if you want to store your golf cart here), and offers crown molding, chair rails, bead-board/wainscoting, storage room and flooring of both ceramic and carpet.

Outside, there’s a large patio below the main deck upstairs. 10500 Fairmount Falls Way rear viewIn addition to all of this, the home has a totally-renovated half-acre lawn with full irrigation, dual high-efficiency heating/cooling systems, extensive landscaping and a cul-de-sac lot which is wooded in the rear. Everything on this home is done with superior quality. There are literally too many features to mention! Utility bills, lot map, and video of home are available. Owner/Agent.

For more details on this home, you can contact Tim Hollinden with RE/MAX Champions at The Hollinden Team.

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