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1503 Milburn Court

1503 Milburn Court, La Grange, KY 40031
Property in Oldham
Sold Jul 19, 2022
$192,500
$500,000 by Stock Yards Bank & Trust Compa
Mortgage Due Mar 08, 2033
Sold Nov 01, 2021
$130,000
$97,500 by Thrive Mortgage Llc
Mortgage Due Nov 01, 2051
1503 Milburn Court has been categorized by the local assessors in La Grange, KY as a residential type of property. The building on the property was first built in 1978 and is 46 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. 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, 1503 Milburn Court has 1,025 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 7,543 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. 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 frame control joints. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Jul 13, 2022 for $192,500. That's $187.80 per sqft. Prior to that sales transaction, the property was also sold in Oct 27, 2021 for $130,000. 1503 Milburn Court was last assessed in 2023. The total value of the property was assessed at $192,500. Specifically, the land the property is located on was valued at $30,000. While improvements on the property were assessed at a total of $162,500. 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 $2,438. 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! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,543
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,025
  • Building Area: 1,025
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,025
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GREENWOOD COMMONS
  • Land Acres: 0.173
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOUSE & LOT

Ownership

  • Current Owner : MEDAL PROPERTIES 2 LLC
  • Previous Owner : BRINKLEY ENGLISH DANIEL
  • Previous Owner 2: BRINKLEY COURTNEY R
  • Owner Before Previous Owner: FELTON SELMA L
  • Owner Before Previous Owner 2: ESTATE OF BETTY J ALLEN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Oldham County School District
  • Census Tract: 030302

Geography

  • Account Number: 69206
  • Section: 1
  • Parcel: 46-20A-01-103
  • Block: SEC 1
  • Lot: 103
  • Municipality: LAGRANGE
  • Latitude: 38.417
  • Longitude: -85.378

    Address

  • Full Address: 1503 Milburn Ct
  • Address - House Number: 1503
  • Address - Street Name: Milburn
  • Address - Suffix Type: Ct
  • State: KY
  • City Name: La Grange
  • Carrier Code: R007
  • 4-Digit Zip Code: 9510
  • Zip Code: 40031

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,438
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 68
  • Final Value: 211,773
  • High Value: 260,130
  • Low Value: 163,416

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $745,000
  • First Open Lien Mortgage Lender: STOCK YARDS BANK & TRUST COMPA
  • First Open Lien Mortgage Recording Date: Mar 10, 2023
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 08, 2033
  • Second Open Lien Mortgage Lender: STOCK YARDS BANK & TRUST COMPA
  • Second Open Lien Mortgage Recording Date: Mar 09, 2023
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $245,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 09, 2053

    Market Valuation

  • Market Total Value: $192,500
  • Market Land Value: $30,000
  • Market Improvement Value: $162,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,500
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $162,500

    Sales

  • Current Sale Contract Date: Jul 13, 2022
  • Current Sale Recording Date: Jul 19, 2022
  • Current Sale Transaction ID: 11892629043
  • Current Sale Price: $192,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 698931
  • Previous Sale Recording Date: Nov 01, 2021
  • Previous Sale Contract Date: Oct 27, 2021
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: THRIVE MORTGAGE LLC
  • Previous Mortgage Transaction Date: Nov 01, 2021
  • Previous Mortgage Loan Amount: $97,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2051

About La Grange



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Frequently Asked Questions

What neighborhood is 1503 Milburn Court located in?
The 1503 Milburn Court is a located in the neighborhood of Oldham in La Grange, La Grange.
What is the average sales price for listings in 1503 Milburn Court?
The average sales price for units in 1503 Milburn Court is $0 currently.

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