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507 North 38th Street

507 North 38th Street, Louisville, KY 40212
Property in Portland
Sold Oct 20, 2023
$1,267,819
$345,212 by Fisher Richard
Mortgage Due Oct 12, 2043
Sold Feb 01, 2019
$38,500
$32,725 by Primelending
Mortgage Due Feb 01, 2049
Local assessors in Louisville, KY have categorized 507 North 38th Street as a residential type of property. The home was built in 1948 and is 76 years old. The property's lot size has been calculated to be 5,053 square feet. The linear feet between the front and back of the lot was measured at 1,260 ft and the front of the lot was measured at 400 ft. 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 507 North 38th Street has a total of 848 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 848 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. 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 hip style roof that was made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. 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. The property was last sold in Oct 12, 2023 for $1,267,819. That's $1,495.07 per sqft. Prior to that sales transaction, the property was also sold in Jan 30, 2019 for $38,500. 507 North 38th Street was last assessed in 2023. The total value of the property was assessed at $50,750. Specifically, the land the property is located on was valued at $6,000. While improvements on the property were assessed at a total of $44,750. 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 $681. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Type: Full basement
  • Basement Area: 848
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 5,053
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 400
  • Total Building Area: 848
  • Building Area: 848
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 848
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 0.1160 AC +/-; ES 38TH ST 169.56 FT N OF BANK ST 40 X 126

Ownership

  • Current Owner : FISCHER PROPERTIES REVOCABLE TRUST
  • Current Owner 2: FISCHER
  • Previous Owner : RT FISCHER PROPERTIES LLC
  • Owner Before Previous Owner: TOWNSEND LILY LOREE
  • Owner Before Previous Owner 2: TOWNSEND JOEL
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 000400

Zoning

  • Zoning: R6-RESIDEN

Geography

  • Account Number: 00021671
  • District: 100023
  • Parcel: 01011C00980000
  • Municipality: LOUISVILLE
  • Latitude: 38.2727
  • Longitude: -85.8095

    Address

  • Full Address: 507 N 38th St
  • Address - House Number: 507
  • Street Direction: N
  • Address - Street Name: 38th
  • Address - Suffix Type: St
  • State: KY
  • City Name: Louisville
  • Carrier Code: C008
  • 4-Digit Zip Code: 2901
  • Zip Code: 40212

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $681
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.2632
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 73,519
  • High Value: 92,871
  • Low Value: 54,168

    Open Liens

  • First Open Lien Mortgage Lender: FISHER RICHARD
  • First Open Lien Mortgage Recording Date: Oct 20, 2023
  • First Open Lien Mortgage Loan Amount: $345,212
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 12, 2043
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $50,750
  • Market Land Value: $6,000
  • Market Improvement Value: $44,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,750
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $44,750

    Sales

  • Current Sale Contract Date: Oct 12, 2023
  • Current Sale Recording Date: Oct 20, 2023
  • Current Sale Transaction ID: 11915142074
  • Current Sale Price: $1,267,819
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 208062
  • Previous Sale Recording Date: Feb 01, 2019
  • Previous Sale Contract Date: Jan 30, 2019
  • Previous Sale Amount: $38,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FISHER RICHARD
  • First Mortgage Transaction Date: Oct 20, 2023
  • First Mortgage Loan Amount: $345,212
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 12, 2043

    Previous Mortgages

  • Previous Mortgage Lender: PRIMELENDING
  • Previous Mortgage Transaction Date: Feb 01, 2019
  • Previous Mortgage Loan Amount: $32,725
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2049

About Central Louisville



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Frequently Asked Questions

What neighborhood is 507 North 38th Street located in?
The 507 North 38th Street is a located in the neighborhood of Portland in Central Louisville, Louisville.
What is the average sales price for listings in 507 North 38th Street?
The average sales price for units in 507 North 38th Street is $0 currently.

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