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1405 Forest Park Road

1405 Forest Park Road, Louisville, KY 40223
Property in East Louisville
Sold May 31, 2017
$152,900
$137,610 by Commonwealth Bank & Trust Co
Mortgage Due Jun 01, 2047
Sold Apr 03, 2007
$125,000
$112,500 by Homeservices Lending Llc
Mortgage Due Apr 01, 2037
Local assessors in Louisville, KY have categorized 1405 Forest Park Road as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 555,866 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1405 Forest Park Road has a total of 1,135 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. 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. The building has a gable style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on no air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 1405 Forest Park Road sold most recently in May 31, 2017 for a total of $152,900. If you work out the math, that's approximately a cost of $134.71 per sqft. Before that, the property was also sold for $125,000 in Mar 30, 2007. 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 $1,906 in taxes each year. 1405 Forest Park Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $164,580. Improvements to the property, however, were assessed at a total of $164,580. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 555,866
  • Total Building Area: 1,135
  • Building Area: 1,135
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,135
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST PARK
  • Land Acres: 12.76
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 1405, BLDG 14 FOREST PARK CONDOMINUIMS

Ownership

  • Current Owner : BORGMANN DREW
  • Current Owner 2: BORGMANN DREW P
  • Previous Owner : HUMPHREY KAREN S
  • Owner Before Previous Owner: HOLDEN SHARON SCHUH L
  • Owner Before Previous Owner 2: HOLDEN GEORGE L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 010405

Geography

  • Account Number: 00609640
  • District: 500020
  • Parcel: 21241814050000
  • Municipality: MIDDLETOWN
  • Latitude: 38.2487
  • Longitude: -85.5605

    Address

  • Full Address: 1405 Forest Park Rd
  • Legal Unit: 14
  • Address - House Number: 1405
  • Address - Street Name: Forest Park
  • Address - Suffix Type: Rd
  • State: KY
  • City Name: Louisville
  • Carrier Code: R044
  • 4-Digit Zip Code: 5427
  • Zip Code: 40223

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,906
  • Tax Rate Code Area: 20

    Appraisal Valuation

  • Standard Deviation: 0.1913
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 218,256
  • High Value: 260,015
  • Low Value: 176,498

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $137,610
  • First Open Lien Mortgage Lender: COMMONWEALTH BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: May 31, 2017
  • First Open Lien Mortgage Loan Amount: $137,610
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2047

    Market Valuation

  • Market Total Value: $164,580
  • Market Improvement Value: $164,580

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,580
  • Assessed Improvements Value: $164,580

    Sales

  • Current Sale Contract Date: May 31, 2017
  • Current Sale Recording Date: May 31, 2017
  • Current Sale Transaction ID: 1589760340
  • Current Sale Price: $152,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017123832
  • Previous Sale Recording Date: Apr 03, 2007
  • Previous Sale Contract Date: Mar 30, 2007
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMONWEALTH BANK & TRUST CO
  • First Mortgage Transaction Date: May 31, 2017
  • First Mortgage Loan Amount: $137,610
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: HOMESERVICES LENDING LLC
  • Previous Mortgage Transaction Date: Apr 03, 2007
  • Previous Mortgage Loan Amount: $112,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2037

About East Louisville



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1405 Forest Park Road located in?
The 1405 Forest Park Road is a located in the neighborhood of East Louisville in East Louisville, Louisville.
What is the average sales price for listings in 1405 Forest Park Road?
The average sales price for units in 1405 Forest Park Road is $0 currently.

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