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320 Gheens Avenue

320 Gheens Avenue, Louisville, KY 40214
House in Iroquois
Sold Jun 09, 2021
$142,000
$137,740 by Fairway Independent Mortgage C
Mortgage Due Jul 01, 2051
Sold May 28, 2021
$57,950
320 Gheens 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 home comes with a single bedroom. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 320 Gheens Avenue has 806 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 1,400 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,602 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. 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 building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. 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, 320 Gheens Avenue sold most recently in Jun 4, 2021 for a total of $142,000. If you work out the math, that's approximately a cost of $176.18 per sqft. Before that, the property was also sold for $57,950 in May 27, 2021. 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 $1,906 in taxes each year. 320 Gheens Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $142,000. If we break it down further, the land itself was valued at $18,500. Improvements to the property, however, were assessed at a total of $123,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Aluminum Siding
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • 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
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,602
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 400
  • Total Building Area: 806
  • Building Area: 806
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 806
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOWS
  • Land Acres: 0.129
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 215 THE MEADOWS PB 2 PG 326 0.1286 AC+/-, 40 X 140

Ownership

  • Current Owner : FOUNTAIN JACK D
  • Previous Owner : HASADIA PROPERTIES LLC
  • Owner Before Previous Owner: FOR SALE REAL ESTATE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 009001

Zoning

  • Zoning: R5-RESIDEN

Geography

  • Account Number: 00196086
  • District: 100023
  • Parcel: 12060K00290000
  • Lot: 215
  • Municipality: LOUISVILLE
  • Latitude: 38.1684
  • Longitude: -85.7704

    Address

  • Full Address: 320 Gheens Ave
  • Address - House Number: 320
  • Address - Street Name: Gheens
  • Address - Suffix Type: Ave
  • State: KY
  • City Name: Louisville
  • Carrier Code: C085
  • 4-Digit Zip Code: 2622
  • Zip Code: 40214

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,906
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.2583
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 176,330
  • High Value: 221,887
  • Low Value: 130,774

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $143,740
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jun 09, 2021
  • First Open Lien Mortgage Loan Amount: $137,740
  • 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: Jul 01, 2051
  • Second Open Lien Mortgage Lender: LEXINGTON-FAYETTE URBAN COUNTY
  • Second Open Lien Mortgage Recording Date: Jun 09, 2021
  • Second Open Lien Mortgage Loan Amount: $6,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2031

    Market Valuation

  • Market Total Value: $142,000
  • Market Land Value: $18,500
  • Market Improvement Value: $123,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $142,000
  • Assessed Land Value: $18,500
  • Assessed Improvements Value: $123,500

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 09, 2021
  • Current Sale Transaction ID: 11842378962
  • Current Sale Price: $142,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021141032
  • Previous Sale Recording Date: May 28, 2021
  • Previous Sale Contract Date: May 27, 2021
  • Previous Sale Amount: $57,950
  • Previous Sale Document Type: Correction Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jun 09, 2021
  • First Mortgage Loan Amount: $137,740
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

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Frequently Asked Questions

What neighborhood is 320 Gheens Avenue located in?
The 320 Gheens Avenue is a house located in the neighborhood of Iroquois in South Side, Louisville.
What is the average sales price for listings in 320 Gheens Avenue?
The average sales price for units in 320 Gheens Avenue is $0 currently.

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