Check Availability

5420 Rustic Way

5420 Rustic Way, Louisville, KY 40218
Property in Newburg
Sold May 02, 2005
$72,000
$56,840 by Homeservices Lending Llc
Mortgage Due May 01, 2035
5420 Rustic Way has been categorized by the local assessors in Louisville, KY as a residential type of property. The building on the property was first built in 1958 and is 66 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5420 Rustic Way has 900 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,517 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D+ by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. The property was last sold in Apr 29, 2005 for $72,000. That's $80.00 per sqft. 5420 Rustic Way was last assessed in 2023. The total value of the property was assessed at $84,790. Specifically, the land the property is located on was valued at $14,100. While improvements on the property were assessed at a total of $70,690. 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 $990. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,517
  • Total Building Area: 900
  • Building Area: 900
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RANGELAND SUB
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SEC 3 RANGELAND SUB

Ownership

  • Current Owner : SPARKS NIXON CHERYL A
  • Previous Owner : CLIFFORD JOHN R
  • Previous Owner 2: CLIFFORD CHRISTINA C

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 011302

Zoning

  • Zoning: R5-RESIDEN

Geography

  • Account Number: 00194540
  • District: 500006
  • Section: 3
  • Parcel: 23085900360203
  • Municipality: OKOLONA
  • Latitude: 38.1709
  • Longitude: -85.6715

    Address

  • Full Address: 5420 Rustic Way
  • Address - House Number: 5420
  • Address - Street Name: Rustic
  • Address - Suffix Type: Way
  • State: KY
  • City Name: Louisville
  • Carrier Code: C050
  • 4-Digit Zip Code: 4250
  • Zip Code: 40218

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $990
  • Tax Rate Code Area: 06

    Appraisal Valuation

  • Standard Deviation: 0.2473
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 139,093
  • High Value: 173,500
  • Low Value: 104,686

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $62,171
  • First Open Lien Mortgage Lender: HOMESERVICES LENDING LLC
  • First Open Lien Mortgage Recording Date: May 02, 2005
  • First Open Lien Mortgage Loan Amount: $56,840
  • 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: May 01, 2035
  • Second Open Lien Mortgage Lender: KENTUCKY HOUSING CORP
  • Second Open Lien Mortgage Recording Date: Aug 07, 2015
  • Second Open Lien Mortgage Loan Amount: $5,331
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2045

    Market Valuation

  • Market Total Value: $84,790
  • Market Land Value: $14,100
  • Market Improvement Value: $70,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $84,790
  • Assessed Land Value: $14,100
  • Assessed Improvements Value: $70,690

    Sales

  • Current Sale Contract Date: Apr 29, 2005
  • Current Sale Recording Date: May 02, 2005
  • Current Sale Transaction ID: 1080817488
  • Current Sale Price: $72,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: DN2005068439

    Last Sale Mortgage

  • First Mortgage Lender: HOMESERVICES LENDING LLC
  • First Mortgage Transaction Date: May 02, 2005
  • First Mortgage Loan Amount: $56,840
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2035

About South Side



Similar Buildings

Property at 5420 Rustic Way,

5302 Mansfield Court

  • 1 Unit for Sale
  • 1 Story
5302 Mansfield Court, Louisville, KY 40218
Property at 5420 Rustic Way,

4817 Sunday Drive

  • 1 Unit for Sale
  • 1 Story
4817 Sunday Drive, Louisville, KY 40219

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5420 Rustic Way located in?
The 5420 Rustic Way is a located in the neighborhood of Newburg in South Side, Louisville.
What is the average sales price for listings in 5420 Rustic Way?
The average sales price for units in 5420 Rustic Way is $0 currently.

Quantcast