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1503 Rufer Avenue

1503 Rufer Avenue, Louisville, KY 40204
Property in Highlands
Sold Jul 07, 2006
$118,000
$94,400 by Americas Wholesale Lender
Mortgage Due Jul 01, 2036
Local assessors in Louisville, KY have categorized 1503 Rufer Avenue as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 3,864 square feet. The linear feet between the front and back of the lot was measured at 1,610 ft and the front of the lot was measured at 235 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. 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 1503 Rufer Avenue has a total of 1,056 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 224 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 252 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. 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 - C. The building has a hip style roof that was made of composition shingle. Lots of wood siding 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 central 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, 1503 Rufer Avenue sold most recently in Jun 30, 2006 for a total of $118,000. If you work out the math, that's approximately a cost of $111.74 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 $2,023 in taxes each year. 1503 Rufer Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $150,720. If we break it down further, the land itself was valued at $35,100. Improvements to the property, however, were assessed at a total of $115,620. 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: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Type: Partial basement
  • Basement Area: 224
  • Garage Type: Detached
  • Garage Square Area: 252
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 3,864
  • Lot Size Depth Feet: 1,610
  • Lot Size Frontage Feet: 235
  • Total Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,056
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BILLTOWN FARMS SUBDIVISION SECTION 1
  • Land Acres: 0.089
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 23.5 X 161 NS RUFER

Ownership

  • Current Owner : CHIPMAN MELISSA
  • Previous Owner : THE RUFER AVENUE 1503 LAND TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 006400

Zoning

  • Zoning: R5-RESIDEN

Geography

  • Account Number: 00085747
  • District: 100023
  • Parcel: 09027C01170000
  • Municipality: LOUISVILLE
  • Latitude: 38.2367
  • Longitude: -85.7235

    Address

  • Full Address: 1503 Rufer Ave
  • Address - House Number: 1503
  • Address - Street Name: Rufer
  • Address - Suffix Type: Ave
  • State: KY
  • City Name: Louisville
  • Carrier Code: C025
  • 4-Digit Zip Code: 1633
  • Zip Code: 40204

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,023
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.2473
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 224,616
  • High Value: 280,178
  • Low Value: 169,054

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $119,400
  • First Open Lien Mortgage Lender: AMERICAS WHOLESALE LENDER
  • First Open Lien Mortgage Recording Date: Jul 07, 2006
  • First Open Lien Mortgage Loan Amount: $94,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2036
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Second Open Lien Mortgage Recording Date: Sep 29, 2006
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 03, 2036

    Market Valuation

  • Market Total Value: $150,720
  • Market Land Value: $35,100
  • Market Improvement Value: $115,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,720
  • Assessed Land Value: $35,100
  • Assessed Improvements Value: $115,620

    Sales

  • Current Sale Contract Date: Jun 30, 2006
  • Current Sale Recording Date: Jul 07, 2006
  • Current Sale Transaction ID: 1097305202
  • Current Sale Price: $118,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: DN2006107522

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAS WHOLESALE LENDER
  • First Mortgage Transaction Date: Jul 07, 2006
  • First Mortgage Loan Amount: $94,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2036

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Frequently Asked Questions

What neighborhood is 1503 Rufer Avenue located in?
The 1503 Rufer Avenue is a located in the neighborhood of Highlands in The Highlands, Louisville.
What is the average sales price for listings in 1503 Rufer Avenue?
The average sales price for units in 1503 Rufer Avenue is $0 currently.

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