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5503 Robinwood Road

5503 Robinwood Road, Louisville, KY 40218
House in Newburg
Sold Apr 21, 2020
$79,000
$63,200 by Republic Bank & Trust Co
Mortgage Due Apr 17, 2030
Sold Aug 15, 2016
$40,000
Local assessors in Louisville, KY have categorized 5503 Robinwood Road as a residential type of property. The home was built in 1968 and is 56 years old. The property's lot size has been calculated to be 6,521 square feet. 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 5503 Robinwood Road has a total of 950 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. 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 - D+. The building has a gable style roof that was made of composition shingle. Lots of brick veneer 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. 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, 5503 Robinwood Road sold most recently in Apr 17, 2020 for a total of $79,000. If you work out the math, that's approximately a cost of $83.16 per sqft. Before that, the property was also sold for $40,000 in Aug 12, 2016. 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 $923 in taxes each year. 5503 Robinwood Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $79,000. If we break it down further, the land itself was valued at $10,000. Improvements to the property, however, were assessed at a total of $69,000. 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.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • 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: 6,521
  • Total Building Area: 950
  • Building Area: 950
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 950
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKVIEW ESTATES
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 123 PARKVIEW ESTATES SEC 3 PB 23 PG 50 0.1497 AC

Ownership

  • Current Owner : JONES GELISA
  • Current Owner 2: JONES GABERIEL
  • Previous Owner : EQUITY TRUST COMPANY
  • Owner Before Previous Owner: HAQS LLC

Neighborhood

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

Zoning

  • Zoning: R5-RESIDEN

Geography

  • Account Number: 00195897
  • District: 500006
  • Section: 3
  • Parcel: 23097501230000
  • Lot: 123
  • Municipality: OKOLONA
  • Latitude: 38.1697
  • Longitude: -85.6676

    Address

  • Full Address: 5503 Robinwood Rd
  • Address - House Number: 5503
  • Address - Street Name: Robinwood
  • Address - Suffix Type: Rd
  • State: KY
  • City Name: Louisville
  • Carrier Code: C050
  • 4-Digit Zip Code: 4337
  • Zip Code: 40218

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $923
  • Tax Rate Code Area: 06

    Appraisal Valuation

  • Standard Deviation: 0.2544
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 64
  • Final Value: 130,384
  • High Value: 163,567
  • Low Value: 97,201

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $63,200
  • First Open Lien Mortgage Lender: REPUBLIC BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Apr 21, 2020
  • First Open Lien Mortgage Loan Amount: $63,200
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 17, 2030

    Market Valuation

  • Market Total Value: $79,000
  • Market Land Value: $10,000
  • Market Improvement Value: $69,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,000
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $69,000

    Sales

  • Current Sale Contract Date: Apr 17, 2020
  • Current Sale Recording Date: Apr 21, 2020
  • Current Sale Transaction ID: 11758815811
  • Current Sale Price: $79,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020081918
  • Previous Sale Recording Date: Aug 15, 2016
  • Previous Sale Contract Date: Aug 12, 2016
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REPUBLIC BANK & TRUST CO
  • First Mortgage Transaction Date: Apr 21, 2020
  • First Mortgage Loan Amount: $63,200
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Apr 17, 2030

About South Side



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5503 Robinwood Road located in?
The 5503 Robinwood Road is a house located in the neighborhood of Newburg in South Side, Louisville.
What is the average sales price for listings in 5503 Robinwood Road?
The average sales price for units in 5503 Robinwood Road is $89,900 , or $95/sqft. currently.

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