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1563 South 9th Street

1563 South 9th Street, Louisville, KY 40208
Multifamily in Algonquin
Sold Dec 27, 2021
$90,000
$67,500 by Hometown Lenders Inc
Mortgage Due Jan 01, 2052
Sold Jan 13, 2021
$92,500
$69,375 by Summerfield Realty Llc
Mortgage Due Jan 01, 2022
Local assessors in Louisville, KY have categorized 1563 South 9th Street as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 4,752 square feet. The linear feet between the front and back of the lot was measured at 990 ft and the front of the lot was measured at 479 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 1563 South 9th Street has a total of 1,550 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 - D-. The building has a gable 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 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, 1563 South 9th Street sold most recently in Dec 20, 2021 for a total of $90,000. If you work out the math, that's approximately a cost of $58.06 per sqft. Before that, the property was also sold for $92,500 in Jan 8, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,208 in taxes each year. 1563 South 9th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $90,000. If we break it down further, the land itself was valued at $4,000. Improvements to the property, however, were assessed at a total of $86,000. 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

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

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D-
  • Construction Type: Wood
  • Building Style: Conventional
  • 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

    Dimensions

  • Lot Size Square Feet: 4,752
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 479
  • Total Building Area: 1,550
  • Building Area: 1,550
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,550
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.109
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: 47.9 X 99, TRACT 1 MINOR PLAT DB. 5397 X 274

Ownership

  • Current Owner : KRAMER MEGAN GRACE
  • Current Owner 2: SALAS JAIRO ARMANDO
  • Previous Owner : MCDOWELL COLIN
  • Owner Before Previous Owner: GFL ENTERPRISES LLC

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 003501

Zoning

  • Zoning: EZ1-ENTERP

Geography

  • Account Number: 00107010
  • District: 100023
  • Subdivision Tract Number: 1
  • Parcel: 08042C00810000
  • Municipality: LOUISVILLE
  • Latitude: 38.2248
  • Longitude: -85.7713

    Address

  • Full Address: 1563 S 9th St
  • Address - House Number: 1563
  • Street Direction: S
  • Address - Street Name: 9th
  • Address - Suffix Type: St
  • State: KY
  • City Name: Louisville
  • Carrier Code: C003
  • 4-Digit Zip Code: 1768
  • Zip Code: 40208

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,208
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.2413
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 66
  • Final Value: 158,035
  • High Value: 196,172
  • Low Value: 119,897

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $67,500
  • First Open Lien Mortgage Lender: HOMETOWN LENDERS INC
  • First Open Lien Mortgage Recording Date: Dec 27, 2021
  • First Open Lien Mortgage Loan Amount: $67,500
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $90,000
  • Market Land Value: $4,000
  • Market Improvement Value: $86,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,000
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $86,000

    Sales

  • Current Sale Contract Date: Dec 20, 2021
  • Current Sale Recording Date: Dec 27, 2021
  • Current Sale Transaction ID: 11875467741
  • Current Sale Price: $90,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021321090
  • Previous Sale Recording Date: Jan 13, 2021
  • Previous Sale Contract Date: Jan 08, 2021
  • Previous Sale Amount: $92,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETOWN LENDERS INC
  • First Mortgage Transaction Date: Dec 27, 2021
  • First Mortgage Loan Amount: $67,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: SUMMERFIELD REALTY LLC
  • Previous Mortgage Transaction Date: Jan 13, 2021
  • Previous Mortgage Loan Amount: $69,375
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2022

About Central Louisville



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Frequently Asked Questions

What neighborhood is 1563 South 9th Street located in?
The 1563 South 9th Street is a multifamily located in the neighborhood of Algonquin in Central Louisville, Louisville.
What is the average sales price for listings in 1563 South 9th Street?
The average sales price for units in 1563 South 9th Street is $120,000 , or $77/sqft. currently.

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