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1401 Phyllis Avenue

1401 Phyllis Avenue, Louisville, KY 40215
Sold Jul 29, 2022
$80,000
$1,087,400 by Republic Bank & Trust Co.
Mortgage Due Jul 18, 2032
Sold Apr 04, 2022
$80,000
$60,000 by First Commonwealth Mortgage Co
Mortgage Due Apr 01, 2037
1401 Phyllis Avenue 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 1950 and is 74 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1401 Phyllis Avenue has 708 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,112 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 patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D+ by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood siding. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central 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, 1401 Phyllis Avenue was last sold in Jul 21, 2022 for $80,000. According to our calculations, that's $112.99 per sqft. Prior to that sales transaction, the property was sold for $80,000 in Mar 24, 2022. Current property owners are expected to pay $1,074 in taxes per year. The property on 1401 Phyllis Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $80,000. To break that down further, the land itself was valued at $7,000. While improvements to the property were assessed at a total of $73,000. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 4,112
  • Total Building Area: 708
  • Building Area: 708
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 708
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: INDUSTRIAL PARK
  • Land Acres: 0.094
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 32 & SE 4 FT LOT 31 INDUSTRIAL PARK PB. 3 PG. 56, 0.0944 AC+/-

Ownership

  • Current Owner : GOODMAN HOMES LLC
  • Previous Owner : EDWARD GOODMAN GLENN
  • Owner Before Previous Owner: TONYA FULLER
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 003600

Zoning

  • Zoning: R5-RESIDEN

Geography

  • Account Number: 00136674
  • District: 100023
  • Subdivision Tract Number: 1
  • Parcel: 11063M01050000
  • Lot: 31,32
  • Municipality: LOUISVILLE
  • Latitude: 38.2058
  • Longitude: -85.7812

    Address

  • Full Address: 1401 Phyllis Ave
  • Address - House Number: 1401
  • Address - Street Name: Phyllis
  • Address - Suffix Type: Ave
  • State: KY
  • City Name: Louisville
  • Carrier Code: C042
  • 4-Digit Zip Code: 2243
  • Zip Code: 40215

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,074
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.2632
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 100,383
  • High Value: 126,805
  • Low Value: 73,960

    Open Liens

  • First Open Lien Mortgage Lender: REPUBLIC BANK & TRUST CO.
  • First Open Lien Mortgage Recording Date: Jul 27, 2023
  • First Open Lien Mortgage Loan Amount: $1,087,400
  • First Open Lien Mortgage Term: 107
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jul 18, 2032

    Market Valuation

  • Market Total Value: $80,000
  • Market Land Value: $7,000
  • Market Improvement Value: $73,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,000
  • Assessed Land Value: $7,000
  • Assessed Improvements Value: $73,000

    Sales

  • Current Sale Contract Date: Jul 21, 2022
  • Current Sale Recording Date: Jul 29, 2022
  • Current Sale Transaction ID: 11893678518
  • Current Sale Price: $80,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 176068
  • Previous Sale Recording Date: Apr 04, 2022
  • Previous Sale Contract Date: Mar 24, 2022
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST COMMONWEALTH MORTGAGE CO
  • Previous Mortgage Transaction Date: Apr 04, 2022
  • Previous Mortgage Loan Amount: $60,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2037

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Frequently Asked Questions

What neighborhood is 1401 Phyllis Avenue located in?
The 1401 Phyllis Avenue is a house located in the neighborhood of Taylor Berry in South Side, Louisville.
What is the average sales price for listings in 1401 Phyllis Avenue?
The average sales price for units in 1401 Phyllis Avenue is $0 currently.

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