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503 North Watterson Trail

503 North Watterson Trail, Louisville, KY 40243
Sold Aug 03, 2022
$265,000
$249,000 by Park Community Credit Union
Mortgage Due Aug 01, 2052
Sold Aug 03, 2022
$265,000
503 North Watterson Trail in Louisville, KY was first built in 1985 and is 39 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 503 North Watterson Trail has 1,605 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 9,348 square feet.

Learn more about the property and building on this page. There is a patio. The home has a gable style roof made of composition shingle. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jul 29, 2022 for $265,000. That's $165.11 per sqft. Prior to that sales transaction, the property was also sold in Jun 2, 2022 for $265,000. 503 North Watterson Trail was last assessed in 2023. The total value of the property was assessed at $265,000. Specifically, the land the property is located on was valued at $60,000. While improvements on the property were assessed at a total of $205,000. 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 $3,069. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • 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
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 9,348
  • Total Building Area: 1,605
  • Building Area: 1,605
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,605
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RUNNING CREEK
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 4 RUNNING CREEK ESTATES SUBDIVISION, SEC 1, PB. 31, PG. 21, 0.2146 AC +/-

Ownership

  • Current Owner : LAND CLIFTON SCOTT
  • Current Owner 2: COLE KATHLEEN MARGUERITE
  • Previous Owner : SIRVA RELOCATION CREDIT LLC
  • Owner Before Previous Owner: JAVHERI
  • Owner Before Previous Owner 2: PAYAL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 010408

Zoning

  • Zoning: R4-RESIDEN

Geography

  • Account Number: 00091124
  • District: 126020
  • Section: 1
  • Parcel: 22194200040000
  • Lot: 4
  • Municipality: MIDDLETOWN
  • Latitude: 38.236
  • Longitude: -85.5408

    Address

  • Full Address: 503 N Watterson Trl
  • Address - House Number: 503
  • Street Direction: N
  • Address - Street Name: Watterson
  • Address - Suffix Type: Trl
  • State: KY
  • City Name: Louisville
  • Carrier Code: C053
  • 4-Digit Zip Code: 2711
  • Zip Code: 40243

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,069
  • Tax Rate Code Area: 20

    Appraisal Valuation

  • Standard Deviation: 0.2116
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 294,474
  • High Value: 356,809
  • Low Value: 232,138

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $249,000
  • First Open Lien Mortgage Lender: PARK COMMUNITY CREDIT UNION
  • First Open Lien Mortgage Recording Date: Aug 03, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $249,000
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $265,000
  • Market Land Value: $60,000
  • Market Improvement Value: $205,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $265,000
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $205,000

    Sales

  • Current Sale Contract Date: Jul 29, 2022
  • Current Sale Recording Date: Aug 03, 2022
  • Current Sale Transaction ID: 11894098586
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 179904
  • Previous Sale Recording Date: Aug 03, 2022
  • Previous Sale Contract Date: Jun 02, 2022
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARK COMMUNITY CREDIT UNION
  • First Mortgage Transaction Date: Aug 03, 2022
  • First Mortgage Loan Amount: $249,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 503 North Watterson Trail located in?
The 503 North Watterson Trail is a house located in the neighborhood of East Louisville in East Louisville, Louisville.
What is the average sales price for listings in 503 North Watterson Trail?
The average sales price for units in 503 North Watterson Trail is $0 currently.

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