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253 Cecil Avenue

253 Cecil Avenue, Louisville, KY 40212
Multifamily in Shawnee
Sold Jan 28, 2019
$80,000
$75,000 by First Savings Bank
Mortgage Due Sep 01, 2050
Sold Jan 14, 2016
$82,500
$82,000 by Van Dyk Mortgage Corp
Mortgage Due Feb 01, 2046
253 Cecil Avenue 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 1925 and is 99 years old. The building has a total of 2 stories. In addition, 253 Cecil Avenue has 3,086 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 1,220 ft and across the front of the lot is 460 ft. The area measurement of the land has been determined as 5,619 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 no 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, 253 Cecil Avenue sold most recently in Jan 15, 2019 for a total of $80,000. If you work out the math, that's approximately a cost of $25.92 per sqft. Before that, the property was also sold for $82,500 in Jan 11, 2016. 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 $2,500 in taxes each year. 253 Cecil Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $186,300. If we break it down further, the land itself was valued at $5,000. Improvements to the property, however, were assessed at a total of $181,300. 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

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

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 2
  • Living Units: 4
  • Basement Type: Unspecified basement
  • Basement Area: 1,543
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,619
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 460
  • Total Building Area: 3,086
  • Building Area: 3,086
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,086
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOWE PLACE
  • Land Acres: 0.129
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 138 HOWE PL PB 3 PG 74 0.1290 AC+/- (NE CORNER CECIL ST (FKA HOWE) AND HERMAN ST

Ownership

  • Current Owner : CALLOWAY ENTERPRISES LLC
  • Previous Owner : MCMAHAN CHRISTOPHER
  • Owner Before Previous Owner: A PLUS PRIMETIME LL
  • Owner Generation Identifier: SR

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 000800

Zoning

  • Zoning: R5-RESIDEN

Geography

  • Account Number: 08200148
  • District: 100023
  • Parcel: 01008B01020000
  • Lot: 138
  • Municipality: LOUISVILLE
  • Latitude: 38.2609
  • Longitude: -85.8183

    Address

  • Full Address: 253 Cecil Ave
  • Address - House Number: 253
  • Address - Street Name: Cecil
  • Address - Suffix Type: Ave
  • State: KY
  • City Name: Louisville
  • Carrier Code: C015
  • 4-Digit Zip Code: 2558
  • Zip Code: 40212

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,500
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 671,475
  • High Value: 968,475
  • Low Value: 374,474

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,000
  • First Open Lien Mortgage Lender: FIRST SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Aug 12, 2020
  • First Open Lien Mortgage Loan Amount: $75,000
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $186,300
  • Market Land Value: $5,000
  • Market Improvement Value: $181,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $186,300
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $181,300

    Sales

  • Current Sale Contract Date: Jan 15, 2019
  • Current Sale Recording Date: Jan 28, 2019
  • Current Sale Transaction ID: 11564271706
  • Current Sale Price: $80,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019019982
  • Previous Sale Recording Date: Jan 14, 2016
  • Previous Sale Contract Date: Jan 11, 2016
  • Previous Sale Amount: $82,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: VAN DYK MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 14, 2016
  • Previous Mortgage Loan Amount: $82,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Feb 01, 2046

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Frequently Asked Questions

What neighborhood is 253 Cecil Avenue located in?
The 253 Cecil Avenue is a multifamily located in the neighborhood of Shawnee in Central Louisville, Louisville.
What is the average sales price for listings in 253 Cecil Avenue?
The average sales price for units in 253 Cecil Avenue is $0 currently.

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