Check Availability

302 Fairmeade Road

302 Fairmeade Road, Louisville, KY 40207
Sold May 10, 2017
$148,200
$170,000 by First National Bank Of Kentuck
Mortgage Due Feb 01, 2038
Sold Apr 04, 2007
$173,500
$138,800 by Abn Amro Mortgage Group Inc
Mortgage Due Apr 01, 2037
Local assessors in Louisville, KY have categorized 302 Fairmeade Road as a residential type of property. The home was built in 1979 and is 45 years old. The property's lot size has been calculated to be 9,740 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 750 ft. 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, 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 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 302 Fairmeade Road has a total of 1,284 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. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 brick veneer 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 central 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. 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, 302 Fairmeade Road sold most recently in May 1, 2017 for a total of $148,200. If you work out the math, that's approximately a cost of $115.42 per sqft. Before that, the property was also sold for $173,500 in Mar 30, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,892 in taxes each year. 302 Fairmeade Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $251,890. If we break it down further, the land itself was valued at $60,000. Improvements to the property, however, were assessed at a total of $191,890. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Cover: Covered
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,740
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,284
  • Building Area: 1,284
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,284
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CYPRESS STATION
  • Land Acres: 0.224
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 25, CYPRESS STATION SEC 1, PB. 33 PG. 1, 0.2236 AC+/-, 75 X 130.01

Ownership

  • Current Owner : FOR SALE REAL ESTATE LLC
  • Previous Owner : WILL BRIAN
  • Previous Owner 2: FRANKS MARSHA
  • Owner Before Previous Owner: QUINN JERRY R
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 010602

Zoning

  • Zoning: R4-RESIDEN

Geography

  • Account Number: 00070771
  • District: 171026
  • Section: 1
  • Parcel: 22197500250000
  • Lot: 25
  • Municipality: ST MATTHEWS
  • Latitude: 38.246
  • Longitude: -85.6333

    Address

  • Full Address: 302 Fairmeade Rd
  • Address - House Number: 302
  • Address - Street Name: Fairmeade
  • Address - Suffix Type: Rd
  • State: KY
  • City Name: Louisville
  • Carrier Code: C026
  • 4-Digit Zip Code: 4030
  • Zip Code: 40207

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,892
  • Tax Rate Code Area: 26

    Appraisal Valuation

  • Standard Deviation: 0.2111
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 292,504
  • High Value: 354,267
  • Low Value: 230,741

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,000
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK OF KENTUCK
  • First Open Lien Mortgage Recording Date: Jan 30, 2018
  • First Open Lien Mortgage Loan Amount: $170,000
  • 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: Feb 01, 2038

    Market Valuation

  • Market Total Value: $251,890
  • Market Land Value: $60,000
  • Market Improvement Value: $191,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $251,890
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $191,890

    Sales

  • Current Sale Contract Date: May 01, 2017
  • Current Sale Recording Date: May 10, 2017
  • Current Sale Transaction ID: 1588987600
  • Current Sale Price: $148,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017108455
  • Previous Sale Recording Date: Apr 04, 2007
  • Previous Sale Contract Date: Mar 30, 2007
  • Previous Sale Amount: $173,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: ABN AMRO MORTGAGE GROUP INC
  • Previous Mortgage Transaction Date: Apr 04, 2007
  • Previous Mortgage Loan Amount: $138,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2037

About East Louisville



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 201 Fairfax Avenue, St. Matthews, KY, 40207

$1,650 /mo

  • 2 Beds
  • 1 Bath
201 Fairfax Avenue #Fairfax Ave, St. Matthews, KY, 40207 Listing by Manager

Frequently Asked Questions

What neighborhood is 302 Fairmeade Road located in?
The 302 Fairmeade Road is a house located in the neighborhood of East Louisville in East Louisville, Louisville.
What is the average sales price for listings in 302 Fairmeade Road?
The average sales price for units in 302 Fairmeade Road is $0 currently.

Quantcast