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2802 Rio Rita Avenue

2802 Rio Rita Avenue, Louisville, KY 40220
Property in Bon Air
Sold Apr 07, 2021
$202,500
$198,831 by Prosperity Home Mortgage Llc
Mortgage Due May 01, 2051
Sold Jan 17, 2017
$166,500
$163,483 by Century Lending Co
Mortgage Due Feb 01, 2047
2802 Rio Rita Avenue in Louisville, KY was first built in 1955 and is 69 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2802 Rio Rita Avenue has 1,285 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 918 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 14,702 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. 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 brick veneer. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 2802 Rio Rita Avenue sold most recently in Apr 1, 2021 for a total of $202,500. If you work out the math, that's approximately a cost of $157.59 per sqft. Before that, the property was also sold for $166,500 in Jan 11, 2017. 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 $2,718 in taxes each year. 2802 Rio Rita Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $202,500. If we break it down further, the land itself was valued at $29,680. Improvements to the property, however, were assessed at a total of $172,820. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Covered
  • Basement Type: Finished improved basement
  • Basement Area: 918
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,702
  • Total Building Area: 1,285
  • Building Area: 1,285
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,285
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MONTEREY VILLA
  • Land Acres: 0.338
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 1, BLK A, MONTEREY VILLAGE SUBDIVISION, SEC. 1, PB. 11, PG. 85, 0.3375 AC +/-

Ownership

  • Current Owner : HAZLETT JERZE
  • Current Owner 2: MCALLISTER SARAH
  • Previous Owner : ROUSE ROBERT
  • Previous Owner 2: ROUSE CHEYENNE ELIZABETH
  • Owner Before Previous Owner: ELLIOTT AMY MARTIN
  • Owner Before Previous Owner 2: ELLIOTT ROBERT L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 010901

Zoning

  • Zoning: R5-RESIDEN

Geography

  • Account Number: 00131825
  • District: 100023
  • Section: 1
  • Parcel: 14082Y00550000
  • Block: A
  • Lot: 1
  • Municipality: LOUISVILLE
  • Latitude: 38.2101
  • Longitude: -85.6532

    Address

  • Full Address: 2802 Rio Rita Ave
  • Address - House Number: 2802
  • Address - Street Name: Rio Rita
  • Address - Suffix Type: Ave
  • State: KY
  • City Name: Louisville
  • Carrier Code: C039
  • 4-Digit Zip Code: 2413
  • Zip Code: 40220

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,718
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 256,520
  • High Value: 310,584
  • Low Value: 202,457

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $198,831
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 07, 2021
  • First Open Lien Mortgage Loan Amount: $198,831
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $202,500
  • Market Land Value: $29,680
  • Market Improvement Value: $172,820

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,500
  • Assessed Land Value: $29,680
  • Assessed Improvements Value: $172,820

    Sales

  • Current Sale Contract Date: Apr 01, 2021
  • Current Sale Recording Date: Apr 07, 2021
  • Current Sale Transaction ID: 11833889634
  • Current Sale Price: $202,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021084169
  • Previous Sale Recording Date: Jan 17, 2017
  • Previous Sale Contract Date: Jan 11, 2017
  • Previous Sale Amount: $166,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 07, 2021
  • First Mortgage Loan Amount: $198,831
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CENTURY LENDING CO
  • Previous Mortgage Transaction Date: Jan 17, 2017
  • Previous Mortgage Loan Amount: $163,483
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2047

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Frequently Asked Questions

What neighborhood is 2802 Rio Rita Avenue located in?
The 2802 Rio Rita Avenue is a located in the neighborhood of Bon Air in East Louisville, Louisville.
What is the average sales price for listings in 2802 Rio Rita Avenue?
The average sales price for units in 2802 Rio Rita Avenue is $0 currently.

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