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5118 Southern Charm Lane

5118 Southern Charm Lane, Louisville, KY 40219
Property in Okolona
Sold Oct 19, 2016
$149,000
$79,000 by Pnc Mortgage Llc
Mortgage Due Nov 01, 2046
Sold May 24, 2006
$153,900
Seller
$138,510 by Republic Bank & Trust Co
Mortgage Due May 19, 2011
5118 Southern Charm Lane in Louisville, KY was first built in 2005 and is 19 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. It is a single story home. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5118 Southern Charm Lane has 1,903 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. The linear feet across the front of the lot is 87,020 ft and the linear feet between the front and back of the lot is 4,110. In total, the area measurement of the land is 1,903 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 275 sqft. There is one available parking space. 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 A. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. 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 forced air unit. 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, 5118 Southern Charm Lane sold most recently in Oct 17, 2016 for a total of $149,000. If you work out the math, that's approximately a cost of $78.30 per sqft. Before that, the property was also sold for $153,900 in May 19, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,682 in taxes each year. 5118 Southern Charm Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $190,320. Improvements to the property, however, were assessed at a total of $190,320. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Condo
  • 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 Area: 0
  • Garage Type: Attached
  • Garage Square Area: 275
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,903
  • Lot Size Depth Feet: 4,110
  • Lot Size Frontage Feet: 87,020
  • Total Building Area: 1,903
  • Building Area: 1,903
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,903
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAVANNAH SPRINGS (4TH AMEND) BLDG-12
  • Land Acres: 0.044
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: SAVANNAH SPRINGS (4TH AMEND) BLDG-12 UNIT-5118 1903 SQ FT BK 110; PGS 58-60; 8702 X 411; 09/26/2005 OFF: 0652-0566-0000

Ownership

  • Current Owner : MARTIN ANNA M
  • Previous Owner : DOUGLAS JOANNA S
  • Owner Before Previous Owner: LIG LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 011907

Geography

  • Account Number: 00908414
  • District: 500006
  • Parcel: 23372100125118
  • Municipality: OKOLONA
  • Latitude: 38.1283
  • Longitude: -85.6657

    Address

  • Full Address: 5118 Southern Charm Ln
  • Legal Unit: 12
  • Address - House Number: 5118
  • Address - Street Name: Southern Charm
  • Address - Suffix Type: Ln
  • State: KY
  • City Name: Louisville
  • Carrier Code: C010
  • 4-Digit Zip Code: 4573
  • Zip Code: 40219

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,682
  • Tax Rate Code Area: 06

    Appraisal Valuation

  • Standard Deviation: 0.1663
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 243,866
  • High Value: 284,432
  • Low Value: 203,300

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $104,000
  • First Open Lien Mortgage Lender: PNC MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 19, 2016
  • First Open Lien Mortgage Loan Amount: $79,000
  • 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: Nov 01, 2046
  • Second Open Lien Mortgage Lender: PNC BANK NA
  • Second Open Lien Mortgage Recording Date: Dec 15, 2016
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $190,320
  • Market Improvement Value: $190,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,320
  • Assessed Improvements Value: $190,320

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 17, 2016
  • Current Sale Recording Date: Oct 19, 2016
  • Current Sale Transaction ID: 1992250888
  • Current Sale Price: $149,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016256616
  • Previous Sale Recording Date: May 24, 2006
  • Previous Sale Contract Date: May 19, 2006
  • Previous Sale Amount: $153,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 19, 2016
  • First Mortgage Loan Amount: $79,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: REPUBLIC BANK & TRUST CO
  • Previous Mortgage Transaction Date: May 24, 2006
  • Previous Mortgage Loan Amount: $138,510
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: May 19, 2011

About South Side



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Frequently Asked Questions

What neighborhood is 5118 Southern Charm Lane located in?
The 5118 Southern Charm Lane is a located in the neighborhood of Okolona in South Side, Louisville.
What is the average sales price for listings in 5118 Southern Charm Lane?
The average sales price for units in 5118 Southern Charm Lane is $0 currently.

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