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5413 Skeffington Way

5413 Skeffington Way, Louisville, KY 40241
Sold Jul 25, 2019
$225,000
$171,000 by Bay Equity Llc
Mortgage Due May 01, 2050
Sold Apr 05, 2006
$163,400
$161,766 by Us Bank Na
Mortgage Due Apr 01, 2036
5413 Skeffington Way in Louisville, KY was first built in 2003 and is 21 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5413 Skeffington Way has 1,476 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 5,558 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 400 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. 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. 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. 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, 5413 Skeffington Way sold most recently in Jul 22, 2019 for a total of $225,000. If you work out the math, that's approximately a cost of $152.44 per sqft. Before that, the property was also sold for $163,400 in Mar 31, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,610 in taxes each year. 5413 Skeffington Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $225,380. If we break it down further, the land itself was valued at $56,400. Improvements to the property, however, were assessed at a total of $168,980. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl 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
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,558
  • Total Building Area: 1,476
  • Building Area: 1,476
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,476
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WORTHINGTON PLACE
  • Land Acres: 0.128
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: OFF BLK. 8 LOT 160 WORTHINGTON PLACE SEC.1 PB.48 PGS.77-78 .1276 AC

Ownership

  • Current Owner : PRATES DAVID ERIC
  • Current Owner 2: PRATES PENNI JANE
  • Previous Owner : VALDEZ VEDASTO B
  • Previous Owner 2: VALDEZ LEIGHANN R
  • Owner Before Previous Owner: WYNNE PATSY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 010323

Zoning

  • Zoning: R6-RESIDEN

Geography

  • Account Number: 01023013
  • District: 500020
  • Section: 1
  • Parcel: 21351501190000
  • Block: 8
  • Lot: 160
  • Municipality: WORTHINGTON
  • Latitude: 38.3191
  • Longitude: -85.552

    Address

  • Full Address: 5413 Skeffington Way
  • Address - House Number: 5413
  • Address - Street Name: Skeffington
  • Address - Suffix Type: Way
  • State: KY
  • City Name: Louisville
  • Carrier Code: R065
  • 4-Digit Zip Code: 1369
  • Zip Code: 40241

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,610
  • Tax Rate Code Area: 20

    Appraisal Valuation

  • Standard Deviation: 0.2473
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 295,294
  • High Value: 368,340
  • Low Value: 222,249

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $171,000
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: May 01, 2020
  • First Open Lien Mortgage Loan Amount: $171,000
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $225,380
  • Market Land Value: $56,400
  • Market Improvement Value: $168,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,380
  • Assessed Land Value: $56,400
  • Assessed Improvements Value: $168,980

    Sales

  • Current Sale Contract Date: Jul 22, 2019
  • Current Sale Recording Date: Jul 25, 2019
  • Current Sale Transaction ID: 11628182443
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019169290
  • Previous Sale Recording Date: Apr 05, 2006
  • Previous Sale Contract Date: Mar 31, 2006
  • Previous Sale Amount: $163,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTURY LENDING CO
  • First Mortgage Transaction Date: Jul 25, 2019
  • First Mortgage Loan Amount: $168,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Apr 05, 2006
  • Previous Mortgage Loan Amount: $161,766
  • Previous Mortgage Term: 360
  • 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: Apr 01, 2036

About East Louisville



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Frequently Asked Questions

What neighborhood is 5413 Skeffington Way located in?
The 5413 Skeffington Way is a house located in the neighborhood of East Louisville in East Louisville, Louisville.
What is the average sales price for listings in 5413 Skeffington Way?
The average sales price for units in 5413 Skeffington Way is $0 currently.

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