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2503 Ranelle Court

2503 Ranelle Court, Louisville, KY 40216
House in St. Dennis
Sold Dec 15, 2022
$1,441,204
$322,634,000 by Morgan Stanley Mtg Cap Holding
Mortgage Due Oct 09, 2028
Sold Mar 28, 2022
$173,900
2503 Ranelle Court in Louisville, KY was first built in 1962 and is 62 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2503 Ranelle Court has 1,161 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,161 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 11,295 square feet.

Learn more about the property and building on this page. There is a patio. The home has a hip style roof made of composition shingle. For those who need parking, there is a mixed used garage. The garage is 876 sqft. There are a total of 4 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of materials we are unsure of. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2503 Ranelle Court was last sold in Dec 14, 2022 for $1,441,204. According to our calculations, that's $1,241.35 per sqft. Prior to that sales transaction, the property was sold for $173,900 in Mar 23, 2022. Current property owners are expected to pay $2,083 in taxes per year. The property on 2503 Ranelle Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $173,900. To break that down further, the land itself was valued at $15,000. While improvements to the property were assessed at a total of $158,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Carport
Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Other
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Type: Finished improved basement
  • Basement Area: 1,161
  • Garage Type: Mixed use
  • Garage Square Area: 876
  • Parking Space Count: 4
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 11,295
  • Total Building Area: 1,161
  • Building Area: 1,161
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,161
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CEDAR HILLS ACRES
  • Land Acres: 0.259
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 9 CEDAR HILLS ACRES SEC 3, PB. 18 PG. 33, .2593 AC+/-

Ownership

  • Current Owner : ARMM ASSET COMPANY 1 LLC
  • Previous Owner : VM PRONTO LLC
  • Owner Before Previous Owner: TUNSTILL SHARISSE N
  • Owner Before Previous Owner 2: TUNSTILL JERRIN L
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 012604

Zoning

  • Zoning: R4-RESIDEN

Geography

  • Account Number: 00161933
  • District: 500009
  • Section: 3
  • Parcel: 25121102450000
  • Lot: 9
  • Municipality: LAKE DREAMLAND
  • Latitude: 38.1902
  • Longitude: -85.8349

    Address

  • Full Address: 2503 Ranelle Ct
  • Address - House Number: 2503
  • Address - Street Name: Ranelle
  • Address - Suffix Type: Ct
  • State: KY
  • City Name: Louisville
  • Carrier Code: C042
  • 4-Digit Zip Code: 3544
  • Zip Code: 40216

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,083
  • Tax Rate Code Area: 09

    Appraisal Valuation

  • Standard Deviation: 0.2473
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 196,707
  • High Value: 245,365
  • Low Value: 148,048

    Open Liens

  • First Open Lien Mortgage Lender: MORGAN STANLEY MTG CAP HOLDING
  • First Open Lien Mortgage Recording Date: Sep 11, 2023
  • First Open Lien Mortgage Loan Amount: $322,634,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 09, 2028

    Market Valuation

  • Market Total Value: $173,900
  • Market Land Value: $15,000
  • Market Improvement Value: $158,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $173,900
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $158,900

    Sales

  • Current Sale Contract Date: Dec 14, 2022
  • Current Sale Recording Date: Dec 15, 2022
  • Current Sale Transaction ID: 11899921073
  • Current Sale Price: $1,441,204
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 280160
  • Previous Sale Recording Date: Mar 28, 2022
  • Previous Sale Contract Date: Mar 23, 2022
  • Previous Sale Amount: $173,900
  • Previous Sale Document Type: Warranty Deed

About West Louisville



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Nearby Rentals

Unit for rent at

$1,570 /mo

  • 3 Beds
  • 2 Baths
  • 1,300 ft²
Listing by Roy Rainey Jr.

Frequently Asked Questions

What neighborhood is 2503 Ranelle Court located in?
The 2503 Ranelle Court is a house located in the neighborhood of St. Dennis in West Louisville, Louisville.
What is the average sales price for listings in 2503 Ranelle Court?
The average sales price for units in 2503 Ranelle Court is $149,900 , or $75/sqft. currently.

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