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2907 South 5th Street

2907 South 5th Street, Louisville, KY 40208
Sold Aug 27, 2020
$92,000
$69,000 by Hometown Lenders Inc
Mortgage Due Sep 01, 2050
Sold Sep 11, 2015
$15,000
Local assessors in Louisville, KY have categorized 2907 South 5th Street as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 2,004 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 201 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 2907 South 5th Street has a total of 864 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. 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 wood 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 style roof that was made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on no air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2907 South 5th Street was last sold in Aug 27, 2020 for $92,000. According to our calculations, that's $106.48 per sqft. Prior to that sales transaction, the property was sold for $15,000 in Sep 10, 2015. Current property owners are expected to pay $1,413 in taxes per year. The property on 2907 South 5th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $105,310. To break that down further, the land itself was valued at $12,000. While improvements to the property were assessed at a total of $93,310. 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.

Building Features

Exterior

Aluminum Siding
Vinyl Siding
Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 2,004
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 201
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RANGELAND SEC 2
  • Land Acres: 0.046
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 0.0460 AC+/-, E SIDE 5TH ST, 59.75 FT S OF IOWA (FORMERLY N ST) 20.08 X 100 TO 10' PRIVATE ALLEY

Ownership

  • Current Owner : RANKIN DEMETRIUS
  • Current Owner 2: RANKIN KIMBERLY
  • Previous Owner : WALLACE EQUITY GROUP LLC
  • Owner Before Previous Owner: FOLEY CUTHBERT L
  • Owner Before Previous Owner 2: FOLEY LOLA M

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 003700

Zoning

  • Zoning: R6-RESIDEN

Geography

  • Account Number: 00134140
  • District: 100023
  • Parcel: 11050J01880000
  • Municipality: LOUISVILLE
  • Latitude: 38.2076
  • Longitude: -85.7665

    Address

  • Full Address: 2907 S 5th St
  • Address - House Number: 2907
  • Street Direction: S
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: KY
  • City Name: Louisville
  • Carrier Code: C010
  • 4-Digit Zip Code: 1309
  • Zip Code: 40208

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,413
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.2632
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 138,220
  • High Value: 174,602
  • Low Value: 101,838

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $69,000
  • First Open Lien Mortgage Lender: HOMETOWN LENDERS INC
  • First Open Lien Mortgage Recording Date: Aug 27, 2020
  • First Open Lien Mortgage Loan Amount: $69,000
  • 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: $105,310
  • Market Land Value: $12,000
  • Market Improvement Value: $93,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,310
  • Assessed Land Value: $12,000
  • Assessed Improvements Value: $93,310

    Sales

  • Current Sale Contract Date: Aug 27, 2020
  • Current Sale Recording Date: Aug 27, 2020
  • Current Sale Transaction ID: 11796378709
  • Current Sale Price: $92,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020178320
  • Previous Sale Recording Date: Sep 11, 2015
  • Previous Sale Contract Date: Sep 10, 2015
  • Previous Sale Amount: $15,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETOWN LENDERS INC
  • First Mortgage Transaction Date: Aug 27, 2020
  • First Mortgage Loan Amount: $69,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

About South Side



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Frequently Asked Questions

What neighborhood is 2907 South 5th Street located in?
The 2907 South 5th Street is a house located in the neighborhood of South Louisville in South Side, Louisville.
What is the average sales price for listings in 2907 South 5th Street?
The average sales price for units in 2907 South 5th Street is $90,000 , or $104/sqft. currently.

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