Check Availability

1702 Valley Forge Way

1702 Valley Forge Way, Louisville, KY 40215
Multifamily in Jacobs
Sold Aug 06, 2020
$198,900
$154,000 by Rocket Mortgage Llc
Mortgage Due Dec 01, 2051
Sold Jan 07, 2019
$80,000
1702 Valley Forge Way 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 1969 and is 55 years old. The building has a total of 2 stories. In addition, 1702 Valley Forge Way has 2,940 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,050 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 6,299 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 open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 1702 Valley Forge Way sold most recently in Jul 31, 2020 for a total of $198,900. If you work out the math, that's approximately a cost of $67.65 per sqft. Before that, the property was also sold for $80,000 in Dec 27, 2018. 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 $3,865 in taxes each year. The initial year of tax delinquency occurred in 2012. 1702 Valley Forge Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $288,000. If we break it down further, the land itself was valued at $20,000. Improvements to the property, however, were assessed at a total of $268,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Total Rooms: 4
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 2
  • Living Units: 4
  • Basement Type: Unspecified basement
  • Basement Area: 1,470
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,299
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,940
  • Building Area: 2,940
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,940
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHERBROOK ESTATES
  • Land Acres: 0.145
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 40 SHERBROOK ESTATES SEC 1 PB. 21 PG. 22, 0.1446 AC+/-, 60 X 105

Ownership

  • Current Owner : PEARSON KENNETH
  • Previous Owner : D & M PROPERTIES KY LLC
  • Owner Before Previous Owner: SAWYESR MAC G

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 004301

Zoning

  • Zoning: R7-RESIDEN

Geography

  • Account Number: 08201409
  • District: 100023
  • Section: 1
  • Parcel: 13065H00770040
  • Lot: 40
  • Municipality: LOUISVILLE
  • Latitude: 38.1953
  • Longitude: -85.7939

    Address

  • Full Address: 1702 Valley Forge Way
  • Address - House Number: 1702
  • Address - Street Name: Valley Forge
  • Address - Suffix Type: Way
  • State: KY
  • City Name: Louisville
  • Carrier Code: C071
  • 4-Digit Zip Code: 1661
  • Zip Code: 40215

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,865
  • Intital Tax Deliquent Year: 2012
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 682,959
  • High Value: 985,038
  • Low Value: 380,879

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $154,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 21, 2021
  • First Open Lien Mortgage Loan Amount: $154,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $288,000
  • Market Land Value: $20,000
  • Market Improvement Value: $268,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,000
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $268,000

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Aug 06, 2020
  • Current Sale Transaction ID: 11787197136
  • Current Sale Price: $198,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020154211
  • Previous Sale Recording Date: Jan 07, 2019
  • Previous Sale Contract Date: Dec 27, 2018
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RIVER CITY BANK INC
  • First Mortgage Transaction Date: Aug 06, 2020
  • First Mortgage Loan Amount: $112,968
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Jul 31, 2035

About South Side



Similar Buildings

Multifamily at 1702 Valley Forge Way,

3619 Kahlert Avenue

  • 1 Unit for Sale
3619 Kahlert Avenue, Louisville, KY 40215
Multifamily at 1702 Valley Forge Way,

3653 Lentz Avenue

  • 1 Unit for Sale
3653 Lentz Avenue, Louisville, KY 40215
Multifamily at 1702 Valley Forge Way,

3755 Wheeler Avenue

  • 1 Unit for Sale
3755 Wheeler Avenue, Louisville, KY 40215
Multifamily at 1702 Valley Forge Way,

1426 Longfield Avenue

  • 1 Unit for Sale
1426 Longfield Avenue, Louisville, KY 40215
Multifamily at 1702 Valley Forge Way,

1726 Cloverbrook Drive

  • 1 Unit for Sale
1726 Cloverbrook Drive, Louisville, KY 40215
Multifamily at 1702 Valley Forge Way,

3929 Dixie Highway

  • 1 Unit for Sale
3929 Dixie Highway, Louisville, KY 40216
Multifamily at 1702 Valley Forge Way,

4006 Woodruff Avenue

  • 1 Unit for Sale
4006 Woodruff Avenue, Louisville, KY 40215
Multifamily at 1702 Valley Forge Way,

1220 West Ashland Avenue

  • 1 Unit for Sale
1220 West Ashland Avenue, Louisville, KY 40215
Multifamily at 1702 Valley Forge Way,

1027 Navaho Place

  • 1 Unit for Sale
1027 Navaho Place, Louisville, KY 40215

Nearby Rentals

Unit for rent at 4413 Savage Dr, Louisville, KY, 40216

$1,550 /mo

  • 2 Beds
  • 1 Bath
  • 1,244 ft²
4413 Savage Dr, Louisville, KY, 40216 Listing by Michelle Kurland
Unit for rent at 3016 Montana Ave, Louisville, KY, 40208

$1,375 /mo

  • 3 Beds
  • 1 Bath
3016 Montana Ave #3016 Montana Ave - #2, Louisville, KY, 40208 Listing by Manager
Unit for rent at 3857 Darlene Drive, Louisville, KY, 40216

$1,495 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
3857 Darlene Drive #3857 Darlene Drive, Louisville, KY, 40216 Listing by Manager
Unit for rent at 3626 Nichols-meadow Circle, Louisville, KY, 40215

$1,500 /mo

  • 3 Beds
  • 2 Baths
3626 Nichols-Meadow Circle #3626 Nichols-Meadow Circle, Louisville, KY, 40215 Listing by Manager

Frequently Asked Questions

What neighborhood is 1702 Valley Forge Way located in?
The 1702 Valley Forge Way is a multifamily located in the neighborhood of Jacobs in South Side, Louisville.
What is the average sales price for listings in 1702 Valley Forge Way?
The average sales price for units in 1702 Valley Forge Way is $0 currently.

Quantcast