1104 Cherokee Road

1104 Cherokee Road 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 1909 and is 115 years old. The building has a total of 3 stories. In addition, 1104 Cherokee Road has 3,347 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,800 ft and across the front of the lot is 410 ft. The area measurement of the land has been determined as 8,507 square feet.

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 open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 1104 Cherokee Road sold most recently in Mar 26, 2021 for a total of $490,000. If you work out the math, that's approximately a cost of $146.40 per sqft. 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 $6,576 in taxes each year. 1104 Cherokee Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $490,000. If we break it down further, the land itself was valued at $85,000. Improvements to the property, however, were assessed at a total of $405,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!