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316 Macon Avenue

316 Macon Avenue, Louisville, KY 40207
Property in East Louisville
Sold Mar 04, 2022
$507,500
$300,000 by Wesbanco Bank Inc
Mortgage Due Mar 02, 2032
Sold Dec 22, 2020
$1,040,000
$884,000 by Independence Bank Of Kentucky
Mortgage Due Dec 07, 2025
316 Macon Avenue has been categorized by the local assessors in Louisville, KY as a residential type of property. The building on the property was first built in 1942 and is 82 years old. The building has a total of 2 stories. In addition, 316 Macon Avenue has 2,904 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,300 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,490 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Mar 2, 2022 for $507,500. That's $174.76 per sqft. Prior to that sales transaction, the property was also sold in Dec 7, 2020 for $1,040,000. 316 Macon Avenue was last assessed in 2023. The total value of the property was assessed at $507,500. Specifically, the land the property is located on was valued at $50,000. While improvements on the property were assessed at a total of $457,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,811. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 2
  • Total Rooms: 4
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 2
  • Living Units: 4
  • Basement Type: Unspecified basement
  • Basement Area: 1,452
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,490
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,904
  • Building Area: 2,904
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,904
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRECKENRIDGE VILLA
  • Land Acres: 0.149
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: 50 X 130 LOT 10 BLK H BRECKENRIDGE VILLA UNIT 2 PB. 6 PG. 49, .1536 AC+/-

Ownership

  • Current Owner : NAHAL CAPITAL LLC
  • Previous Owner : G & L HOLDINGS LLC
  • Owner Before Previous Owner: ELINE DEVELOPMENT CO
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 007800

Zoning

  • Zoning: R7-RESIDEN

Geography

  • Account Number: 08201570
  • District: 100023
  • Parcel: 14073L00830000
  • Block: H
  • Lot: 10
  • Municipality: LOUISVILLE
  • Latitude: 38.2512
  • Longitude: -85.6596

    Address

  • Full Address: 316 Macon Ave
  • Legal Unit: 2
  • Address - House Number: 316
  • Address - Street Name: Macon
  • Address - Suffix Type: Ave
  • State: KY
  • City Name: Louisville
  • Carrier Code: C041
  • 4-Digit Zip Code: 3031
  • Zip Code: 40207

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,811
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 704,498
  • High Value: 1,016,104
  • Low Value: 392,891

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: WESBANCO BANK INC
  • First Open Lien Mortgage Recording Date: Mar 04, 2022
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 02, 2032

    Market Valuation

  • Market Total Value: $507,500
  • Market Land Value: $50,000
  • Market Improvement Value: $457,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $507,500
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $457,500

    Sales

  • Current Sale Contract Date: Mar 02, 2022
  • Current Sale Recording Date: Mar 04, 2022
  • Current Sale Transaction ID: 11881034474
  • Current Sale Price: $507,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 51336
  • Previous Sale Recording Date: Dec 22, 2020
  • Previous Sale Contract Date: Dec 07, 2020
  • Previous Sale Amount: $1,040,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WESBANCO BANK INC
  • First Mortgage Transaction Date: Mar 04, 2022
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 02, 2032

    Previous Mortgages

  • Previous Mortgage Lender: INDEPENDENCE BANK OF KENTUCKY
  • Previous Mortgage Transaction Date: Dec 22, 2020
  • Previous Mortgage Loan Amount: $884,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Dec 07, 2025

About East Louisville



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Frequently Asked Questions

What neighborhood is 316 Macon Avenue located in?
The 316 Macon Avenue is a located in the neighborhood of East Louisville in East Louisville, Louisville.
What is the average sales price for listings in 316 Macon Avenue?
The average sales price for units in 316 Macon Avenue is $0 currently.

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