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1264 Cherokee Road

1264 Cherokee Road, Louisville, KY 40204
Multifamily in Cherokee Triangle
1264 Cherokee Road in Louisville, KY was first built in 1900 and is 124 years old. This has been categorized as a residential property type. There are a total of 3 floors. 1264 Cherokee Road has 4,142 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 510 ft and the linear feet between the front and back of the lot is 1,800. In total, the area measurement of the land is 9,270 square feet.

Learn more about the property and building on this page. There is a open porch. For those who need parking, there is a detached garage. The garage is 532 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home 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, 1264 Cherokee Road sold most recently in May 19, 2021 for a total of $490,000. If you work out the math, that's approximately a cost of $118.30 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. 1264 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 $96,000. Improvements to the property, however, were assessed at a total of $394,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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
Concrete Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: B
  • Floor Count: 3
  • Living Units: 6
  • Basement Type: Unspecified basement
  • Basement Area: 1,440
  • Garage Type: Detached
  • Garage Square Area: 532
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,270
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 510
  • Total Building Area: 4,142
  • Building Area: 4,142
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 4,142
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EASTERN PARKLAND CO
  • Land Acres: 0.213
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: 0.2128 AC+/- SWS CHEROKEE RD (FKA BROADWAY) 358 FT NW OF LONGEST AVE

Ownership

  • Current Owner : EXCHANGE PROFESSIONALS LLC
  • Previous Owner : DISSELL DONN
  • Previous Owner 2: ESTATE OF HARVEY THOMAS BAILEY
  • 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: 08201645
  • District: 100023
  • Parcel: 10075E00550000
  • Municipality: LOUISVILLE
  • Latitude: 38.2366
  • Longitude: -85.7155

    Address

  • Full Address: 1264 Cherokee Rd
  • Address - House Number: 1264
  • Address - Street Name: Cherokee
  • Address - Suffix Type: Rd
  • State: KY
  • City Name: Louisville
  • Carrier Code: C030
  • 4-Digit Zip Code: 2269
  • Zip Code: 40204

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,576
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 711,075
  • High Value: 1,025,590
  • Low Value: 396,559

    Market Valuation

  • Market Total Value: $490,000
  • Market Land Value: $96,000
  • Market Improvement Value: $394,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $490,000
  • Assessed Land Value: $96,000
  • Assessed Improvements Value: $394,000

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: Jun 03, 2021
  • Current Sale Transaction ID: 11841710834
  • Current Sale Price: $490,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021135130

    Last Sale Mortgage

  • First Mortgage Lender: EVANSVILLE TEACHERS FCU
  • First Mortgage Transaction Date: Jun 03, 2021
  • First Mortgage Loan Amount: $536,000
  • First Mortgage Terms: 82
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 20, 2028

About The Highlands



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Nearby Rentals

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$750 /mo

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  • 1 Bath
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$750 /mo

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$765 /mo

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$830 /mo

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$795 /mo

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Frequently Asked Questions

What neighborhood is 1264 Cherokee Road located in?
The 1264 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 1264 Cherokee Road?
The average sales price for units in 1264 Cherokee Road is $0 currently.

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