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1256 South 3rd Street

1256 South 3rd Street, Louisville, KY 40203
Multifamily in Old Louisville
Local assessors in Louisville, KY have categorized 1256 South 3rd Street as a office type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 6,970 square feet. The linear feet between the front and back of the lot was measured at 1,410 ft and the front of the lot was measured at 500 ft. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1256 South 3rd Street has a total of 6,916 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. 1256 South 3rd Street is a 5 code building. This code stands for "specialized buildings that do not fit in any of the other categories.". Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - B. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Sep 6, 2005 for $260,000. That's $37.59 per sqft. 1256 South 3rd Street was last assessed in 2023. The total value of the property was assessed at $591,670. Specifically, the land the property is located on was valued at $100,000. While improvements on the property were assessed at a total of $491,670. 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 $7,940. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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

Brick Exterior / Wood Exterior
Stone Exterior
Wood Exterior
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: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 3
  • Basement Type: Unspecified basement
  • Basement Area: 2,486
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 500
  • Total Building Area: 6,916
  • Building Area: 6,916
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 6,916
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Specialized buildings
  • Property Class: Office
  • Subdivision: NW COR 3RD & ORMSBY
  • Land Acres: 0.16
  • Standard Land Use Code: Office bldg (general)
  • Legal Description 1: 50X141 NW COR 3RD & ORMSBY

Ownership

  • Current Owner : EHRLER ROBERT J
  • Previous Owner : JONES ROSE MARIE
  • Previous Owner 2: JONES LAURA ANNE

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 005100

Zoning

  • Zoning: TNZD-TRADI

Geography

  • Account Number: 00092077
  • District: 100023
  • Parcel: 08032A01040000
  • Municipality: LOUISVILLE
  • Latitude: 38.2329
  • Longitude: -85.7595

    Address

  • Full Address: 1256 S 3rd St
  • Address - House Number: 1256
  • Street Direction: S
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: KY
  • City Name: Louisville
  • Carrier Code: C046
  • 4-Digit Zip Code: 2996
  • Zip Code: 40203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,940
  • Tax Rate Code Area: 23

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $430,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 13, 2021
  • First Open Lien Mortgage Loan Amount: $430,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2036

    Market Valuation

  • Market Total Value: $591,670
  • Market Land Value: $100,000
  • Market Improvement Value: $491,670

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $591,670
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $491,670

    Sales

  • Current Sale Contract Date: Sep 06, 2005
  • Current Sale Recording Date: Sep 09, 2005
  • Current Sale Transaction ID: 1047483306
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: DN2005151725

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 09, 2005
  • First Mortgage Loan Amount: $247,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Sep 01, 2035

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Frequently Asked Questions

What neighborhood is 1256 South 3rd Street located in?
The 1256 South 3rd Street is a multifamily located in the neighborhood of Old Louisville in Central Louisville, Louisville.
What is the average sales price for listings in 1256 South 3rd Street?
The average sales price for units in 1256 South 3rd Street is $0 currently.

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