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2903 Elder Park Road

2903 Elder Park Road, La Grange, KY 40031
House in Oldham
Sold Apr 21, 2020
$250,000
$165,000 by American Mortgage Service Co
Mortgage Due May 01, 2050
Sold May 07, 2018
$248,500
$167,236 by Century Lending Co
Mortgage Due May 01, 2048
Local assessors in La Grange, KY have categorized 2903 Elder Park Road as a residential type of property. The home was built in 1978 and is 46 years old. The property's lot size has been calculated to be 55,321 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2903 Elder Park Road has a total of 1,442 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 575 sqft. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2903 Elder Park Road sold most recently in Apr 17, 2020 for a total of $250,000. If you work out the math, that's approximately a cost of $173.37 per sqft. Before that, the property was also sold for $248,500 in Apr 20, 2018. 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 $2,576 in taxes each year. 2903 Elder Park Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $250,000. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $210,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Brick Exterior / Wood Exterior
Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,442
  • Garage Type: Garage
  • Garage Square Area: 575
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 55,321
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,442
  • Building Area: 1,442
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,442
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BOROWICK FARMS
  • Land Acres: 1.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOUSE & 1.27AC

Ownership

  • Current Owner : HUSBAND THOMAS L
  • Current Owner 2: HUSBAND LISA L
  • Previous Owner : BAKER BARBARA
  • Previous Owner 2: BAKER JOHN
  • Owner Before Previous Owner: BAKER DONNA K
  • Owner Before Previous Owner 2: BAKER DONNIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oldham County School District
  • Census Tract: 030401

Geography

  • Account Number: 63886
  • Section: 5
  • Parcel: 40-40B-05-152
  • Block: SEC 5
  • Lot: 152
  • Municipality: LAGRANGE FD
  • Latitude: 38.3691
  • Longitude: -85.4084

    Address

  • Full Address: 2903 Elder Park Rd
  • Address - House Number: 2903
  • Address - Street Name: Elder Park
  • Address - Suffix Type: Rd
  • State: KY
  • City Name: La Grange
  • Carrier Code: R003
  • 4-Digit Zip Code: 9304
  • Zip Code: 40031

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,576
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.2152
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 70
  • Final Value: 344,336
  • High Value: 418,454
  • Low Value: 270,217

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: AMERICAN MORTGAGE SERVICE CO
  • First Open Lien Mortgage Recording Date: Apr 21, 2020
  • First Open Lien Mortgage Loan Amount: $165,000
  • 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: May 01, 2050
  • Second Open Lien Mortgage Lender: PNC BANK NA
  • Second Open Lien Mortgage Recording Date: Nov 09, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $35,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 09, 2050

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $40,000
  • Market Improvement Value: $210,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,000
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $210,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 17, 2020
  • Current Sale Recording Date: Apr 21, 2020
  • Current Sale Transaction ID: 11757358472
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 569741
  • Previous Sale Recording Date: May 07, 2018
  • Previous Sale Contract Date: Apr 20, 2018
  • Previous Sale Amount: $248,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN MORTGAGE SERVICE CO
  • First Mortgage Transaction Date: Apr 21, 2020
  • First Mortgage Loan Amount: $165,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CENTURY LENDING CO
  • Previous Mortgage Transaction Date: May 07, 2018
  • Previous Mortgage Loan Amount: $167,236
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: May 01, 2048

About Oldham



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Frequently Asked Questions

What neighborhood is 2903 Elder Park Road located in?
The 2903 Elder Park Road is a house located in the neighborhood of Oldham in Oldham, La Grange.
What is the average sales price for listings in 2903 Elder Park Road?
The average sales price for units in 2903 Elder Park Road is $268,500 , or $134/sqft. currently.

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