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1027 Lincoln Avenue

1027 Lincoln Avenue, Louisville, KY 40208
Sold Jul 06, 2022
$168,500
$165,447 by Thrive Mortgage Llc
Mortgage Due Aug 01, 2052
Sold Apr 15, 2021
$40,000
$40,000 by Carolyn Helm
Mortgage Due Apr 15, 2041
1027 Lincoln Avenue has been categorized by the local assessors in Louisville, KY as a residential type of property. The building on the property was first built in 1930 and is 94 years old. The home comes with a single bedroom. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1027 Lincoln Avenue has 1,133 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 728 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 6,390 ft and across the front of the lot is 3,410 ft. The area measurement of the land has been determined as 3,716 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D+ by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood siding. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a central heating system. The property was last sold in Jul 5, 2022 for $168,500. That's $148.72 per sqft. Prior to that sales transaction, the property was also sold in Apr 15, 2021 for $40,000. 1027 Lincoln Avenue was last assessed in 2023. The total value of the property was assessed at $168,500. Specifically, the land the property is located on was valued at $7,000. While improvements on the property were assessed at a total of $161,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,261. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Type: Partial basement
  • Basement Area: 728
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 3,716
  • Lot Size Depth Feet: 6,390
  • Lot Size Frontage Feet: 3,410
  • Total Building Area: 1,133
  • Building Area: 1,133
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,133
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNION LAND COMPANYS BOULEVARD
  • Land Acres: 0.085
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 25 BLK 7 BOULEVARD ADDITION SERIES B, DB 341 X 639, 0.0853 AC +/-

Ownership

  • Current Owner : HOLMES-BROWN DEON
  • Current Owner 2: HOLMES NADINE
  • Previous Owner : VIVACIOUS LIVING LLC
  • Owner Before Previous Owner: BARNETT REALTY LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 003600

Zoning

  • Zoning: R5-RESIDEN

Geography

  • Account Number: 00126962
  • District: 100023
  • Parcel: 11063D00280000
  • Block: 7
  • Lot: 25
  • Municipality: LOUISVILLE
  • Latitude: 38.2116
  • Longitude: -85.7737

    Address

  • Full Address: 1027 Lincoln Ave
  • Address - House Number: 1027
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: KY
  • City Name: Louisville
  • Carrier Code: C009
  • 4-Digit Zip Code: 1103
  • Zip Code: 40208

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,261
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.2632
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 132,442
  • High Value: 167,303
  • Low Value: 97,581

    Open Liens

  • First Open Lien Mortgage Lender: THRIVE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 06, 2022
  • First Open Lien Mortgage Loan Amount: $165,447
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $168,500
  • Market Land Value: $7,000
  • Market Improvement Value: $161,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,500
  • Assessed Land Value: $7,000
  • Assessed Improvements Value: $161,500

    Sales

  • Current Sale Contract Date: Jul 05, 2022
  • Current Sale Recording Date: Jul 06, 2022
  • Current Sale Transaction ID: 11891292538
  • Current Sale Price: $168,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 152537
  • Previous Sale Recording Date: Apr 15, 2021
  • Previous Sale Contract Date: Apr 15, 2021
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THRIVE MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 06, 2022
  • First Mortgage Loan Amount: $165,447
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CAROLYN HELM
  • Previous Mortgage Transaction Date: Apr 15, 2021
  • Previous Mortgage Loan Amount: $40,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 15, 2041

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Frequently Asked Questions

What neighborhood is 1027 Lincoln Avenue located in?
The 1027 Lincoln Avenue is a house located in the neighborhood of Taylor Berry in South Side, Louisville.
What is the average sales price for listings in 1027 Lincoln Avenue?
The average sales price for units in 1027 Lincoln Avenue is $0 currently.

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