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539 School Way

539 School Way, Louisville, KY 40214
House in Beechmont
Sold Dec 20, 2021
$178,000
$174,775 by Bay Equity Llc
Mortgage Due Jan 01, 2052
539 School Way in Louisville, KY was first built in 1947 and is 77 years old. This has been categorized as a residential property type. It is a single story home. This is a single bedroom home. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 539 School Way has 986 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 basement is 792 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 6,098 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 detached garage. The garage is 672 sqft. There are a total of 2 available parking spaces. 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 alum/vinyl siding. 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 central heating system. 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. 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, 539 School Way was last sold in Dec 20, 2021 for $178,000. According to our calculations, that's $180.53 per sqft. Current property owners are expected to pay $2,389 in taxes per year. The property on 539 School Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $178,000. To break that down further, the land itself was valued at $14,100. While improvements to the property were assessed at a total of $163,900. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Type: Partial basement
  • Basement Area: 792
  • Garage Type: Detached
  • Garage Square Area: 672
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 986
  • Building Area: 986
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 986
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: IROQUOIS VILLAGE
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 50 X 120 539 SCHOOLWAY .14 AC

Ownership

  • Current Owner : TRUONG TIEN
  • Previous Owner : BAILEY LAURA LANELL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 004600

Zoning

  • Zoning: R5-RESIDEN

Geography

  • Account Number: 00188094
  • District: 100023
  • Parcel: 12060G00940000
  • Municipality: LOUISVILLE
  • Latitude: 38.1743
  • Longitude: -85.7734

    Address

  • Full Address: 539 School Way
  • Address - House Number: 539
  • Address - Street Name: School
  • Address - Suffix Type: Way
  • State: KY
  • City Name: Louisville
  • Carrier Code: C090
  • 4-Digit Zip Code: 1334
  • Zip Code: 40214

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,389
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.2124
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 210,362
  • High Value: 255,052
  • Low Value: 165,671

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $174,775
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Dec 20, 2021
  • First Open Lien Mortgage Loan Amount: $174,775
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $178,000
  • Market Land Value: $14,100
  • Market Improvement Value: $163,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,000
  • Assessed Land Value: $14,100
  • Assessed Improvements Value: $163,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 20, 2021
  • Current Sale Recording Date: Dec 20, 2021
  • Current Sale Transaction ID: 11874835697
  • Current Sale Price: $178,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021317482

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: Dec 20, 2021
  • First Mortgage Loan Amount: $174,775
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2052

About South Side



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Frequently Asked Questions

What neighborhood is 539 School Way located in?
The 539 School Way is a house located in the neighborhood of Beechmont in South Side, Louisville.
What is the average sales price for listings in 539 School Way?
The average sales price for units in 539 School Way is $0 currently.

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