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2922 Bank Street

2922 Bank Street, Louisville, KY 40212
Multifamily in Portland
1 Units For Sale
Unit for sale at 2922 Bank St, Louisville, KY 40212

$115,000

  • Studio
  • 2 Baths
  • 1,794 ft²
2922 Bank St, Louisville, KY 40212 Listing by Martha Hemminger

Local assessors in Louisville, KY have categorized 2922 Bank 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 5,624 square feet. The linear feet between the front and back of the lot was measured at 2,190 ft and the front of the lot was measured at 250 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 are 0 rooms in the home. Of these, 2 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2922 Bank Street has a total of 1,794 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 - D. 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. 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, 2922 Bank Street sold most recently in Oct 12, 2023 for a total of $1,267,819. If you work out the math, that's approximately a cost of $706.70 per sqft. Before that, the property was also sold for $47,750 in Dec 2, 2019. 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 $705 in taxes each year. 2922 Bank Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $52,520. 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 $47,520. 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!

Building Features

Exterior

Vinyl Siding
Wood Exterior
Non-Wood Shingles

Parking

On-Street Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220320
03/20/2022
Studio
2 Bath
1794 ft²
$110,000
bedrooms
Studio
bathrooms
2 Bath
square feet
1794 ft²
-
-
-
Martha Hemminger
RE/MAX Properties East
20191106
11/06/2019
Studio
2 Bath
1794 ft²
$49,000
bedrooms
Studio
bathrooms
2 Bath
square feet
1794 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 5,624
  • Lot Size Depth Feet: 2,190
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,794
  • Building Area: 1,794
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,794
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.129
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: 0.1291 AC +/-, SS BANK ST, 274 FT WEST OF 29TH ST, 25 X 219

Ownership

  • Current Owner : FISCHER PROPERTIES REVOCABLE TRUST
  • Current Owner 2: FISCHER
  • Previous Owner : RT FISCHER PROPERTIES LLC
  • Owner Before Previous Owner: BURDOCK ENTERPRISE
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 000300

Zoning

  • Zoning: R6-RESIDEN

Geography

  • Account Number: 00023197
  • District: 100023
  • Parcel: 02004F00830000
  • Municipality: LOUISVILLE
  • Latitude: 38.271
  • Longitude: -85.7967

    Address

  • Full Address: 2922 Bank St
  • Address - House Number: 2922
  • Address - Street Name: Bank
  • Address - Suffix Type: St
  • State: KY
  • City Name: Louisville
  • Carrier Code: C007
  • 4-Digit Zip Code: 2024
  • Zip Code: 40212

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $705
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.0885
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 112,942
  • High Value: 122,938
  • Low Value: 102,947

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $345,212
  • First Open Lien Mortgage Lender: FISHER RICHARD
  • First Open Lien Mortgage Recording Date: Oct 20, 2023
  • First Open Lien Mortgage Loan Amount: $345,212
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 12, 2043
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $52,520
  • Market Land Value: $5,000
  • Market Improvement Value: $47,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,520
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $47,520

    Sales

  • Current Sale Contract Date: Oct 12, 2023
  • Current Sale Recording Date: Oct 20, 2023
  • Current Sale Transaction ID: 11915147253
  • Current Sale Price: $1,267,819
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 208062
  • Previous Sale Recording Date: Dec 03, 2019
  • Previous Sale Contract Date: Dec 02, 2019
  • Previous Sale Amount: $47,750
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FISHER RICHARD
  • First Mortgage Transaction Date: Oct 20, 2023
  • First Mortgage Loan Amount: $345,212
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 12, 2043

    Previous Mortgages

  • Previous Mortgage Lender: GOLDEN EMPIRE MORTGAGE INC
  • Previous Mortgage Transaction Date: Dec 03, 2019
  • Previous Mortgage Loan Amount: $48,899
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Dec 02, 2020

About Central Louisville



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Frequently Asked Questions

What neighborhood is 2922 Bank Street located in?
The 2922 Bank Street is a multifamily located in the neighborhood of Portland in Central Louisville, Louisville.
How many listings are currently for sale in 2922 Bank Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 2922 Bank Street?
The average sales price for units in 2922 Bank Street is $115,000 , or $64/sqft. currently.

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