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11701 Gateworth Way

11701 Gateworth Way, Louisville, KY 40299
Property in East Louisville
11701 Gateworth Way in Louisville, KY was first built in 2003 and is 21 years old. This has been categorized as a commercial property type. There are a total of 2 floors. 11701 Gateworth Way has 30,600 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 100,430 ft and the linear feet between the front and back of the lot is 8,690. In total, the area measurement of the land is 106,286 square feet.

Learn more about the property and building on this page. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a heating system. 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, 11701 Gateworth Way was last sold in Apr 4, 2023 for $11,867,187. According to our calculations, that's $387.82 per sqft. Prior to that sales transaction, the property was sold for $6,600,000 in Aug 20, 2021. Current property owners are expected to pay $61,797 in taxes per year. The property on 11701 Gateworth Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $5,336,500. To break that down further, the land itself was valued at $1,310,040. While improvements to the property were assessed at a total of $4,026,460. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 106,286
  • Lot Size Depth Feet: 8,690
  • Lot Size Frontage Feet: 100,430
  • Total Building Area: 30,600
  • Building Area: 30,600
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 30,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: REV 1 MINOR PLAT
  • Land Acres: 2.44
  • Standard Land Use Code: Auto repair, auto parts, garage
  • Legal Description 1: 2.44 AC REV TRACT 1 MINOR PLAT DB 10043 X 869

Ownership

  • Current Owner : TERRAZA 7 LLC
  • Previous Owner : DRAKE MOTOR PARTNERS LOUISVILLE LLC
  • Owner Before Previous Owner: BENNETT REALTY LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 010706

Zoning

  • Zoning: C2-COMMERC

Geography

  • Account Number: 01001754
  • District: 152020
  • Subdivision Tract Number: 1
  • Parcel: 22003905380000
  • Municipality: MIDDLETOWN
  • Latitude: 38.2248
  • Longitude: -85.542

    Address

  • Full Address: 11701 Gateworth Way
  • Address - House Number: 11701
  • Address - Street Name: Gateworth
  • Address - Suffix Type: Way
  • State: KY
  • City Name: Louisville
  • Carrier Code: R037
  • 4-Digit Zip Code: 4673
  • Zip Code: 40299

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $61,797
  • Tax Rate Code Area: 20

    Market Valuation

  • Market Total Value: $5,336,500
  • Market Land Value: $1,310,040
  • Market Improvement Value: $4,026,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,336,500
  • Assessed Land Value: $1,310,040
  • Assessed Improvements Value: $4,026,460

    Sales

  • Current Sale Contract Date: Apr 04, 2023
  • Current Sale Recording Date: Apr 10, 2023
  • Current Sale Transaction ID: 11905151742
  • Current Sale Price: $11,867,187
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 68413
  • Previous Sale Recording Date: Aug 23, 2021
  • Previous Sale Contract Date: Aug 20, 2021
  • Previous Sale Amount: $6,600,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: INDEPENDENCE BANK
  • Previous Mortgage Transaction Date: Aug 23, 2021
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $7,885,600
  • Previous Mortgage Term: 14
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Nov 20, 2022

About East Louisville



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Frequently Asked Questions

What neighborhood is 11701 Gateworth Way located in?
The 11701 Gateworth Way is a located in the neighborhood of East Louisville in East Louisville, Louisville.
What is the average sales price for listings in 11701 Gateworth Way?
The average sales price for units in 11701 Gateworth Way is $0 currently.

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