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2816 Rivers Edge Road

2816 Rivers Edge Road, Louisville, KY 40222
Property in East Louisville
Sold May 23, 2019
$1,259,073
$259,073 by Morgan Stanley Private Bank Na
Mortgage Due Jun 01, 2049
Sold Oct 03, 2014
$905,000
$417,000 by Commonwealth Bank & Trust Co
Mortgage Due Nov 01, 2034
2816 Rivers Edge Road in Louisville, KY was first built in 2005 and is 19 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 2816 Rivers Edge Road has 4,472 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 2,068 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 16,117 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 600 sqft. There are a total of 2 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 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. 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, 2816 Rivers Edge Road was last sold in May 22, 2019 for $1,259,073. According to our calculations, that's $281.55 per sqft. Prior to that sales transaction, the property was sold for $905,000 in Oct 1, 2014. Current property owners are expected to pay $14,543 in taxes per year. The property on 2816 Rivers Edge Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,255,890. To break that down further, the land itself was valued at $331,250. While improvements to the property were assessed at a total of $924,640. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2005
  • Effective Year Built: 2005
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Covered
  • Basement Type: Finished improved basement
  • Basement Area: 2,068
  • Garage Type: Attached
  • Garage Square Area: 600
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 4,472
  • Building Area: 4,472
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,472
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERS EDGE
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOTS 2 & 3 RIVERS EDGE SUBDIVISION PB.41, PG.39, 0.3700 AC +/-

Ownership

  • Current Owner : SCHEID MICHAEL R
  • Current Owner 2: SCHEID SHERRIL
  • Previous Owner : RUMMEL RICHARD M
  • Previous Owner 2: RUMMEL MASON B
  • Owner Before Previous Owner: YACOUB ORAIB
  • Owner Before Previous Owner 2: YACOUB MAZEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Living Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 007502

Zoning

  • Zoning: R4-RESIDEN

Geography

  • Account Number: 08417010
  • District: 500020
  • Parcel: 21278500020000
  • Lot: 2,3
  • Municipality: HARRODS CREEK
  • Latitude: 38.2952
  • Longitude: -85.6696

    Address

  • Full Address: 2816 Rivers Edge Rd
  • Address - House Number: 2816
  • Address - Street Name: Rivers Edge
  • Address - Suffix Type: Rd
  • State: KY
  • City Name: Louisville
  • Carrier Code: C076
  • 4-Digit Zip Code: 6178
  • Zip Code: 40222

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,543
  • Tax Rate Code Area: 20

    Appraisal Valuation

  • Standard Deviation: 0.1923
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 1,301,463
  • High Value: 1,551,737
  • Low Value: 1,051,188

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $259,073
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: May 23, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $259,073
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2049

    Market Valuation

  • Market Total Value: $1,255,890
  • Market Land Value: $331,250
  • Market Improvement Value: $924,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,255,890
  • Assessed Land Value: $331,250
  • Assessed Improvements Value: $924,640

    Sales

  • Current Sale Contract Date: May 22, 2019
  • Current Sale Recording Date: May 23, 2019
  • Current Sale Transaction ID: 11610445652
  • Current Sale Price: $1,259,073
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019114622
  • Previous Sale Recording Date: Oct 03, 2014
  • Previous Sale Contract Date: Oct 01, 2014
  • Previous Sale Amount: $905,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: May 23, 2019
  • First Mortgage Loan Amount: $259,073
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: COMMONWEALTH BANK & TRUST CO
  • Previous Mortgage Transaction Date: Oct 03, 2014
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2034

About East Louisville



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Frequently Asked Questions

What neighborhood is 2816 Rivers Edge Road located in?
The 2816 Rivers Edge Road is a located in the neighborhood of East Louisville in East Louisville, Louisville.
What is the average sales price for listings in 2816 Rivers Edge Road?
The average sales price for units in 2816 Rivers Edge Road is $0 currently.

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