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3121 W Magnolia Ave, Louisville, KY, 40211

2beds
2baths
900sqft
$145,000
$161price/sqft
$1,231/moest. monthly cost
$49,240/yrincome needed

About This Home

Fully renovated and move-in ready, this 2-bedroom, 2 full bathroom bungalow delivers style, space, and low-maintenance living. Step inside to a bright, open layout with new flooring, fresh paint, and plenty of natural light. The updated kitchen features white cabinetry, stainless steel appliances, and modern countertops perfect for everyday living and entertaining. Both bedrooms offer comfortable space, and both bathrooms have been fully updated with a clean, modern feel. Outside, enjoy convenient rear access and a detached garage ideal for parking, storage, or a workshop. The tree-lined lot adds privacy and curb appeal. Now ready for its next owner, schedule your showing today.

Getting Around

42
WalkingCar-Dependent
0
TransitVery Limited Transit
75
BikeVery Bikeable

Schools

4/10
Carter Elementary SchoolGrades K-50.5 mi
3/10
Ramsey Middle SchoolGrades 6-815.3 mi
2/10

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Vinyl Siding,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Cellar

Bedroom

  • Level: First

Bedroom

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Area

  • Level: First

Features

  • Finished area below ground: 0
  • Finished area above ground: 900

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 900
  • Total interior livable area: 900 sqft

Kitchen

  • Level: First

Laundry

  • Level: First

Living Room

  • Level: First

Property

Details

  • Parcel number: 06048H00950000

Features

  • Stories: 1
  • Patio & porch: Porch
  • Fencing: Chain Link

Lot

  • Lot size: 3,049 sqft
  • Features: Easement
  • Lot size dimensions: 28 x 110

Parking

  • Total spaces: 2
  • Parking features: On Street,Off Street,Detached,Entry Rear
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Tornado
Cold Wave
Heat Wave

FEMA Declared Disasters Across Kentucky Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $733$8,796
Home Insurance *$184$2,208
Property Taxes $160$1,920
Electricity $154$1,850
Total$1,231$14,772
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$42,205/yr
40% on housing$36,930/yr
45% on housing$32,826/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.3%
6.3%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$161This listing

vs Other Active Listings

Avg $/sqft

ZIP 40211$72
Jefferson County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 40211$89
Jefferson County$160

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-09Price change$150,000
2026-03-25Listed for sale$155,000
2025-12-16Listing removed$155,000
2025-08-22Listed for sale$155,000
2025-05-06Sold$35,000
2025-05-05Pending sale$45,000
2025-04-24Listed for sale$45,000

For Sale by Agent

AgentTy'Shawn G Brooks
BrokerageUnited Real Estate Louisville

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