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1012 Forrest Street

1012 Forrest Street, Louisville, KY 40217
Sold Jul 01, 2020
$130,000
Sold Dec 13, 2007
$85,000
$76,500 by Republic Bank & Trust Co
Mortgage Due Jan 01, 2038
Local assessors in Louisville, KY have categorized 1012 Forrest Street as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 4,204 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 300 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 1012 Forrest Street has a total of 800 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. 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 wood 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 - D+. The building has a hip style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1012 Forrest Street was last sold in Jun 29, 2020 for $130,000. According to our calculations, that's $162.50 per sqft. Prior to that sales transaction, the property was sold for $85,000 in Dec 11, 2007. Current property owners are expected to pay $2,295 in taxes per year. The property on 1012 Forrest Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $171,000. To break that down further, the land itself was valued at $30,000. While improvements to the property were assessed at a total of $141,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,204
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 300
  • Total Building Area: 800
  • Building Area: 800
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 800
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOUISVILLE CHANCERY
  • Land Acres: 0.097
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 0.0965 AC SWS FORREST ST 550 FT SE OF SHELBY ST BEING LOT 71 PLAT FILED IN ACTION NO. 22110 LOUISVILLE CHANCERY CT MERIW

Ownership

  • Current Owner : H B WUNDERICH LLC
  • Previous Owner : MATTINGLY NICHOLAS R
  • Previous Owner 2: RILEY MATTINGLY WHITNEY
  • Owner Before Previous Owner: STOLL TILE CO INC

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 006800

Zoning

  • Zoning: R5-RESIDEN

Geography

  • Account Number: 00113462
  • District: 100023
  • Parcel: 09024G00420000
  • Lot: 71
  • Municipality: LOUISVILLE
  • Latitude: 38.221
  • Longitude: -85.7418

    Address

  • Full Address: 1012 Forrest St
  • Address - House Number: 1012
  • Address - Street Name: Forrest
  • Address - Suffix Type: St
  • State: KY
  • City Name: Louisville
  • Carrier Code: C053
  • 4-Digit Zip Code: 2204
  • Zip Code: 40217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,295
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.2428
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 220,726
  • High Value: 274,331
  • Low Value: 167,120

    Market Valuation

  • Market Total Value: $171,000
  • Market Land Value: $30,000
  • Market Improvement Value: $141,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,000
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $141,000

    Sales

  • Current Sale Contract Date: Jun 29, 2020
  • Current Sale Recording Date: Jul 01, 2020
  • Current Sale Transaction ID: 11773704007
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020126353
  • Previous Sale Recording Date: Dec 13, 2007
  • Previous Sale Contract Date: Dec 11, 2007
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: ROBERT JOSEPH KLEIN
  • First Mortgage Transaction Date: Jul 01, 2020
  • First Mortgage Loan Amount: $162,000
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)

    Previous Mortgages

  • Previous Mortgage Lender: REPUBLIC BANK & TRUST CO
  • Previous Mortgage Transaction Date: Dec 13, 2007
  • Previous Mortgage Loan Amount: $76,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2038

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Frequently Asked Questions

What neighborhood is 1012 Forrest Street located in?
The 1012 Forrest Street is a house located in the neighborhood of Schnitzelburg in Central Louisville, Louisville.
What is the average sales price for listings in 1012 Forrest Street?
The average sales price for units in 1012 Forrest Street is $0 currently.

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