500 Beecher Street

500 Beecher Street 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 1929 and is 95 years old. The building has a total of 2 stories. In addition, 500 Beecher Street has 2,298 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 430 ft. The area measurement of the land has been determined as 5,201 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". 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 Apr 3, 2023 for $120,000. That's $52.22 per sqft. Prior to that sales transaction, the property was also sold in Aug 15, 2019 for $25,000. 500 Beecher Street was last assessed in 2023. The total value of the property was assessed at $127,230. Specifically, the land the property is located on was valued at $11,100. While improvements on the property were assessed at a total of $116,130. 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 $1,707. The initial tax year of delinquency was in 2009. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.