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4117 Norene Lane

4117 Norene Lane, Louisville, KY 40219
House in Newburg
Sold Sep 03, 2020
$139,000
$136,482 by Cardinal Financial Company Lp
Mortgage Due Sep 01, 2050
Sold Nov 19, 2018
$126,000
$122,220 by Envoy Mortgage Ltd
Mortgage Due Dec 01, 2048
Local assessors in Louisville, KY have categorized 4117 Norene Lane as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 5,820 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 4117 Norene Lane has a total of 1,316 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 detached garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 brick veneer were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. 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, 4117 Norene Lane sold most recently in Aug 28, 2020 for a total of $139,000. If you work out the math, that's approximately a cost of $105.62 per sqft. Before that, the property was also sold for $126,000 in Nov 13, 2018. 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 $1,624 in taxes each year. 4117 Norene Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $139,000. If we break it down further, the land itself was valued at $18,000. Improvements to the property, however, were assessed at a total of $121,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Covered
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 5,820
  • Total Building Area: 1,316
  • Building Area: 1,316
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,316
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BEVERLEY MANOR
  • Land Acres: 0.134
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 77 SEC 1B BEVERLY MANOR SUB PB. 15 PG. 9, .1336 AC+/-

Ownership

  • Current Owner : JENKINS CARL B
  • Previous Owner : SOMMERSELL JUINEAL
  • Owner Before Previous Owner: COMBS SARAH J
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: IV

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 011405

Zoning

  • Zoning: R5-RESIDEN

Geography

  • Account Number: 00199068
  • District: 500006
  • Section: 1B
  • Parcel: 23087000460077
  • Lot: 77
  • Municipality: OKOLONA
  • Latitude: 38.167
  • Longitude: -85.6839

    Address

  • Full Address: 4117 Norene Ln
  • Address - House Number: 4117
  • Address - Street Name: Norene
  • Address - Suffix Type: Ln
  • State: KY
  • City Name: Louisville
  • Carrier Code: C014
  • 4-Digit Zip Code: 1525
  • Zip Code: 40219

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,624
  • Tax Rate Code Area: 06

    Appraisal Valuation

  • Standard Deviation: 0.2569
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 205,338
  • High Value: 258,100
  • Low Value: 152,575

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $136,482
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Sep 03, 2020
  • First Open Lien Mortgage Loan Amount: $136,482
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $139,000
  • Market Land Value: $18,000
  • Market Improvement Value: $121,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $139,000
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $121,000

    Sales

  • Current Sale Contract Date: Aug 28, 2020
  • Current Sale Recording Date: Sep 03, 2020
  • Current Sale Transaction ID: 11799692271
  • Current Sale Price: $139,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020184844
  • Previous Sale Recording Date: Nov 19, 2018
  • Previous Sale Contract Date: Nov 13, 2018
  • Previous Sale Amount: $126,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Sep 03, 2020
  • First Mortgage Loan Amount: $136,482
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: ENVOY MORTGAGE LTD
  • Previous Mortgage Transaction Date: Nov 19, 2018
  • Previous Mortgage Loan Amount: $122,220
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2048

About South Side



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Frequently Asked Questions

What neighborhood is 4117 Norene Lane located in?
The 4117 Norene Lane is a house located in the neighborhood of Newburg in South Side, Louisville.
What is the average sales price for listings in 4117 Norene Lane?
The average sales price for units in 4117 Norene Lane is $0 currently.

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