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4143 Reservoir Avenue

4143 Reservoir Avenue, Louisville, KY 40213
Property in South Side
Sold Sep 10, 2021
$205,000
$115,000 by Commonwealth Bank & Trust Co
Mortgage Due Oct 01, 2051
Sold Feb 16, 2018
$159,000
$156,120 by Fairway Independent Mortgage C
Mortgage Due Mar 01, 2048
Local assessors in Louisville, KY have categorized 4143 Reservoir Avenue as a residential type of property. The home was built in 1941 and is 83 years old. The property's lot size has been calculated to be 9,200 square feet. The linear feet between the front and back of the lot was measured at 2,160 ft and the front of the lot was measured at 14,040 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 is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4143 Reservoir Avenue has a total of 1,419 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,014 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 800 sqft. There are 3 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 - C-. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding 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 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, 4143 Reservoir Avenue sold most recently in Sep 8, 2021 for a total of $205,000. If you work out the math, that's approximately a cost of $144.47 per sqft. Before that, the property was also sold for $159,000 in Feb 14, 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 $2,751 in taxes each year. The initial year of tax delinquency occurred in 2009. 4143 Reservoir Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $205,000. If we break it down further, the land itself was valued at $23,000. Improvements to the property, however, were assessed at a total of $182,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • 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: Alum/Vinyl 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 Type: Full basement
  • Basement Area: 1,014
  • Garage Type: Detached
  • Garage Square Area: 800
  • Parking Space Count: 3
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 9,200
  • Lot Size Depth Feet: 2,160
  • Lot Size Frontage Feet: 14,040
  • Total Building Area: 1,419
  • Building Area: 1,419
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,419
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CARDINAL PLACE
  • Land Acres: 0.211
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 13 WT MCMURRAYS SUBDIVISION (LOTS 1193 & 1194), DB 1404 X 216, 0.2112 AC +/-

Ownership

  • Current Owner : RIVERA JOHN B
  • Current Owner 2: DAVIS PAUL J
  • Previous Owner : WHITAKER ELIJAH SETH
  • Owner Before Previous Owner: ONEAL CHARLES CLEVELAND
  • Owner Before Previous Owner 2: ONEAL DEBRA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 009402

Zoning

  • Zoning: C1-COMMERC

Geography

  • Account Number: 00155311
  • District: 100023
  • Parcel: 13085B00840013
  • Lot: 13,1193
  • Municipality: LOUISVILLE
  • Latitude: 38.1949
  • Longitude: -85.72

    Address

  • Full Address: 4143 Reservoir Ave
  • Address - House Number: 4143
  • Address - Street Name: Reservoir
  • Address - Suffix Type: Ave
  • State: KY
  • City Name: Louisville
  • Carrier Code: C098
  • 4-Digit Zip Code: 2038
  • Zip Code: 40213

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,751
  • Intital Tax Deliquent Year: 2009
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.2325
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 262,862
  • High Value: 323,983
  • Low Value: 201,741

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $115,000
  • First Open Lien Mortgage Lender: COMMONWEALTH BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Sep 10, 2021
  • First Open Lien Mortgage Loan Amount: $115,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $205,000
  • Market Land Value: $23,000
  • Market Improvement Value: $182,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $205,000
  • Assessed Land Value: $23,000
  • Assessed Improvements Value: $182,000

    Sales

  • Current Sale Contract Date: Sep 08, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Transaction ID: 11860633660
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021227021
  • Previous Sale Recording Date: Feb 16, 2018
  • Previous Sale Contract Date: Feb 14, 2018
  • Previous Sale Amount: $159,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMONWEALTH BANK & TRUST CO
  • First Mortgage Transaction Date: Sep 10, 2021
  • First Mortgage Loan Amount: $115,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: Feb 16, 2018
  • Previous Mortgage Loan Amount: $156,120
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2048

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Frequently Asked Questions

What neighborhood is 4143 Reservoir Avenue located in?
The 4143 Reservoir Avenue is a located in the neighborhood of South Side in South Side, Louisville.
What is the average sales price for listings in 4143 Reservoir Avenue?
The average sales price for units in 4143 Reservoir Avenue is $0 currently.

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