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101 Spencer Court

101 Spencer Court, Shelbyville, KY 40065
Property in Shelby
Sold Jun 16, 2021
$203,500
$190,830 by Commonwealth Bank & Trust Co
Mortgage Due Jul 01, 2051
Sold Sep 13, 2018
$155,000
$152,192 by First Harrison Bank
Mortgage Due Oct 01, 2048
Local assessors in Shelbyville, KY have categorized 101 Spencer Court as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 7,079 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 101 Spencer Court has a total of 1,437 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 420 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 101 Spencer Court sold most recently in Jun 15, 2021 for a total of $203,500. If you work out the math, that's approximately a cost of $141.61 per sqft. Before that, the property was also sold for $155,000 in Sep 7, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,186 in taxes each year. 101 Spencer Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $203,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Mixed use
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,079
  • Total Building Area: 1,437
  • Building Area: 1,437
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,437
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MIDLAND ESTATES
  • Land Acres: 0.163
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MIDLAND ESTATES SEC V PH I LOT 110

Ownership

  • Current Owner : MARTIN MECASKEY LYNN
  • Previous Owner : ALAS ASHTON
  • Previous Owner 2: ALAS JOSE
  • Owner Before Previous Owner: BANKS KATHLEEN
  • Owner Before Previous Owner 2: BANKS NICKOLAS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • School Tax School District: SHELBYVILLE
  • Census Tract: 040301

Zoning

  • Zoning: RESIDENTIA

Geography

  • Account Number: 0054019
  • District: 01
  • Section: 5
  • Subdivision Phase Number: 1
  • Parcel: 040C-01-048
  • Lot: 110
  • Municipality: SHELBYVILLE
  • Latitude: 38.2192
  • Longitude: -85.2483

    Address

  • Full Address: 101 Spencer Ct
  • Address - House Number: 101
  • Address - Street Name: Spencer
  • Address - Suffix Type: Ct
  • State: KY
  • City Name: Shelbyville
  • Carrier Code: R009
  • 4-Digit Zip Code: 8794
  • Zip Code: 40065

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,186
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2554
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 63
  • Final Value: 241,565
  • High Value: 303,277
  • Low Value: 179,854

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $190,830
  • First Open Lien Mortgage Lender: COMMONWEALTH BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Jun 16, 2021
  • First Open Lien Mortgage Loan Amount: $190,830
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $203,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,500

    Sales

  • Current Sale Contract Date: Jun 15, 2021
  • Current Sale Recording Date: Jun 16, 2021
  • Current Sale Transaction ID: 11840772451
  • Current Sale Price: $203,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 473876
  • Previous Sale Recording Date: Sep 13, 2018
  • Previous Sale Contract Date: Sep 07, 2018
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMONWEALTH BANK & TRUST CO
  • First Mortgage Transaction Date: Jun 16, 2021
  • First Mortgage Loan Amount: $190,830
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HARRISON BANK
  • Previous Mortgage Transaction Date: Sep 13, 2018
  • Previous Mortgage Loan Amount: $152,192
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2048

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Frequently Asked Questions

What neighborhood is 101 Spencer Court located in?
The 101 Spencer Court is a located in the neighborhood of Shelby in Shelbyville, Shelbyville.
What is the average sales price for listings in 101 Spencer Court?
The average sales price for units in 101 Spencer Court is $0 currently.

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