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4516 Lambert Road

4516 Lambert Road, Louisville, KY 40219
Property in Okolona
Sold Sep 19, 2001
$167,200
$150,927 by Branch Banking And Trust Co
Mortgage Due Nov 30, 2026
4516 Lambert Road 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 1969 and is 55 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4516 Lambert Road has 1,775 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 962 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 11,901 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 patio. 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 brick veneer. 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. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4516 Lambert Road was last sold in Sep 18, 2001 for $167,200. According to our calculations, that's $94.20 per sqft. Current property owners are expected to pay $2,036 in taxes per year. The property on 4516 Lambert Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $174,280. To break that down further, the land itself was valued at $20,460. While improvements to the property were assessed at a total of $153,820. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • 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: 1
  • Floor Cover: Covered
  • Basement Type: Partial basement
  • Basement Area: 962
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 11,901
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,775
  • Building Area: 1,775
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,775
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.273
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 0.2732 AC +/-, SE CORNER LAMBERT RD & OUTER LOOP

Ownership

  • Current Owner : MORTON DONALD J
  • Current Owner 2: MORTON LINDA B
  • Previous Owner : CUNNINGHAM DEBRA COLEGROVE
  • Previous Owner 2: CUNNINGHAM JOEL KEVIN
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 011906

Zoning

  • Zoning: OR3-OFFICE

Geography

  • Account Number: 00230258
  • District: 500006
  • Parcel: 23064301520000
  • Municipality: OKOLONA
  • Latitude: 38.1377
  • Longitude: -85.6766

    Address

  • Full Address: 4516 Lambert Rd
  • Address - House Number: 4516
  • Address - Street Name: Lambert
  • Address - Suffix Type: Rd
  • State: KY
  • City Name: Louisville
  • Zip Code: 40219

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,036
  • Tax Rate Code Area: 06

    Appraisal Valuation

  • Standard Deviation: 0.2473
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 250,159
  • High Value: 312,040
  • Low Value: 188,279

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,927
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Open Lien Mortgage Recording Date: Dec 07, 2016
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $150,927
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Nov 30, 2026

    Market Valuation

  • Market Total Value: $174,280
  • Market Land Value: $20,460
  • Market Improvement Value: $153,820

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $174,280
  • Assessed Land Value: $20,460
  • Assessed Improvements Value: $153,820

    Sales

  • Current Sale Contract Date: Sep 18, 2001
  • Current Sale Recording Date: Sep 19, 2001
  • Current Sale Transaction ID: 1105251845
  • Current Sale Price: $167,200
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: DN2001157011

About South Side



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Frequently Asked Questions

What neighborhood is 4516 Lambert Road located in?
The 4516 Lambert Road is a located in the neighborhood of Okolona in South Side, Louisville.
What is the average sales price for listings in 4516 Lambert Road?
The average sales price for units in 4516 Lambert Road is $0 currently.

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