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2511 McGee Drive

2511 McGee Drive, Louisville, KY 40216
Sold Jan 21, 2022
$192,500
$175,518 by Stockton Mortgage Corporation
Mortgage Due Feb 01, 2052
Sold Jul 23, 2015
$105,000
$103,098 by Fifth Third Mortgage Co
Mortgage Due Aug 01, 2045
2511 McGee Drive 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 1968 and is 56 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2511 McGee Drive has 1,050 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,050 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,450 ft and across the front of the lot is 625 ft. The area measurement of the land has been determined as 9,060 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. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 333 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as average. 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 wood control joints. 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 building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it 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, 2511 McGee Drive was last sold in Jan 14, 2022 for $192,500. According to our calculations, that's $183.33 per sqft. Prior to that sales transaction, the property was sold for $105,000 in Jul 16, 2015. Current property owners are expected to pay $2,306 in taxes per year. The property on 2511 McGee Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $192,500. To break that down further, the land itself was valued at $25,000. While improvements to the property were assessed at a total of $167,500. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Type: Finished improved basement
  • Basement Area: 1,050
  • Garage Type: Mixed use
  • Garage Square Area: 333
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 9,060
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 625
  • Total Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,050
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROSEVALE
  • Land Acres: 0.208
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 0.2080 AC LOT 43 ROSEVALE SEC 2 PB 21 PG 69 NES MCGEE DR 62.5 X 145

Ownership

  • Current Owner : FARRIS ROBIN M
  • Previous Owner : GIBERSON NORMA A
  • Previous Owner 2: GIBERSON JOHN A
  • Owner Before Previous Owner: SCOTT ERIC D
  • Owner Before Previous Owner 2: SCOTT REBECCA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 012412

Zoning

  • Zoning: R4-RESIDEN

Geography

  • Account Number: 00196146
  • District: 500009
  • Section: 2
  • Parcel: 25133000430000
  • Lot: 43
  • Municipality: PLEASURE RIDGE PARK
  • Latitude: 38.167
  • Longitude: -85.8577

    Address

  • Full Address: 2511 Mcgee Dr
  • Address - House Number: 2511
  • Address - Street Name: Mcgee
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Louisville
  • Carrier Code: C012
  • 4-Digit Zip Code: 1331
  • Zip Code: 40216

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,306
  • Tax Rate Code Area: 09

    Appraisal Valuation

  • Standard Deviation: 0.2208
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 211,196
  • High Value: 257,848
  • Low Value: 164,544

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,518
  • First Open Lien Mortgage Lender: STOCKTON MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Jan 21, 2022
  • First Open Lien Mortgage Loan Amount: $175,518
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $192,500
  • Market Land Value: $25,000
  • Market Improvement Value: $167,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,500
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $167,500

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Jan 21, 2022
  • Current Sale Transaction ID: 11880096134
  • Current Sale Price: $192,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16881
  • Previous Sale Recording Date: Jul 23, 2015
  • Previous Sale Contract Date: Jul 16, 2015
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: STOCKTON MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Jan 21, 2022
  • First Mortgage Loan Amount: $175,518
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Previous Mortgage Transaction Date: Jul 23, 2015
  • Previous Mortgage Loan Amount: $103,098
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2045

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Frequently Asked Questions

What neighborhood is 2511 McGee Drive located in?
The 2511 McGee Drive is a located in the neighborhood of Pleasure Ridge Park in West Louisville, Louisville.
What is the average sales price for listings in 2511 McGee Drive?
The average sales price for units in 2511 McGee Drive is $0 currently.

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