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1228 Cherokee Road

1228 Cherokee Road, Louisville, KY 40204
Multifamily in Cherokee Triangle
Sold May 31, 2016
$400,000
$400,000 by Peoples State Bank
Mortgage Due Jul 01, 2031
Sold Dec 27, 2012
$340,000
1228 Cherokee Road in Louisville, KY was first built in 1900 and is 124 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1228 Cherokee Road has 3,020 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 basement is 1,465 sqft and has been categorized as a full basement. In total, the area measurement of the land is 7,919 square feet.

Learn more about the property and building on this page. There is a patio. The home has a hip style roof made of composition shingle. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A-. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk inside and you'll find flooring throughout the home. 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 central 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, 1228 Cherokee Road sold most recently in May 31, 2016 for a total of $400,000. If you work out the math, that's approximately a cost of $132.45 per sqft. Before that, the property was also sold for $340,000 in Dec 27, 2012. 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 $5,524 in taxes each year. 1228 Cherokee Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $411,600. If we break it down further, the land itself was valued at $96,000. Improvements to the property, however, were assessed at a total of $315,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: A-
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Business/Commerical Units Count: 3
  • Floor Cover: Covered
  • Basement Type: Full basement
  • Basement Area: 1,465
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,919
  • Total Building Area: 3,020
  • Building Area: 3,020
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,020
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.182
  • Standard Land Use Code: Parcels with improvements, use not specified
  • Legal Description 1: 0.1818 AC +/-, SWS CHEROKEE RD

Ownership

  • Current Owner : BLIND SQUIREEL LLC
  • Previous Owner : RUMPKE MATTTHEW J
  • Owner Before Previous Owner: GENERAL FEDERATION OF WOMENS CLUB KENTUC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 008201

Zoning

  • Zoning: R5B-RESIDE

Geography

  • Account Number: 00084917
  • District: 100023
  • Parcel: 10075E00450000
  • Municipality: LOUISVILLE
  • Latitude: 38.2374
  • Longitude: -85.7168

    Address

  • Full Address: 1228 Cherokee Rd
  • Address - House Number: 1228
  • Address - Street Name: Cherokee
  • Address - Suffix Type: Rd
  • State: KY
  • City Name: Louisville
  • Carrier Code: C030
  • 4-Digit Zip Code: 2569
  • Zip Code: 40204

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,524
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.0885
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 92
  • Final Value: 611,876
  • High Value: 666,029
  • Low Value: 557,724

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: PEOPLES STATE BANK
  • First Open Lien Mortgage Recording Date: May 31, 2016
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2031

    Market Valuation

  • Market Total Value: $411,600
  • Market Land Value: $96,000
  • Market Improvement Value: $315,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $411,600
  • Assessed Land Value: $96,000
  • Assessed Improvements Value: $315,600

    Sales

  • Current Sale Contract Date: May 31, 2016
  • Current Sale Recording Date: May 31, 2016
  • Current Sale Transaction ID: 1945814229
  • Current Sale Price: $400,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 2016125829
  • Previous Sale Recording Date: Dec 27, 2012
  • Previous Sale Contract Date: Dec 27, 2012
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: Deed

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Frequently Asked Questions

What neighborhood is 1228 Cherokee Road located in?
The 1228 Cherokee Road is a multifamily located in the neighborhood of Cherokee Triangle in The Highlands, Louisville.
What is the average sales price for listings in 1228 Cherokee Road?
The average sales price for units in 1228 Cherokee Road is $0 currently.

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