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5505 Alicante Lane

5505 Alicante Lane, Louisville, KY 40272
Property in Valley Station
Sold Mar 18, 2021
Transfer
$198,921 by Commonwealth Bank & Trust Co
Mortgage Due Apr 01, 2051
5505 Alicante Lane 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 1969 and is 55 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5505 Alicante Lane has 1,050 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,050 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 9,749 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. Residents will have the luxury of enjoying a patio. 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 C- 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 no air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $833 in taxes per year. The property on 5505 Alicante Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $115,880. To break that down further, the land itself was valued at $18,000. While improvements to the property were assessed at a total of $97,880. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Type: Full basement
  • Basement Area: 1,050
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 9,749
  • Total Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,050
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEEMONT ACRES
  • Land Acres: 0.224
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 142 LEEMONT ACRES SEC 5 PB 24 PG 70 0.2238 AC

Ownership

  • Current Owner : TAYLOR ROSEMARY
  • Current Owner 2: TAYLOR DEBRA
  • Previous Owner : TAYLOR ROSEMARY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 012107

Zoning

  • Zoning: R4-RESIDEN

Geography

  • Account Number: 00267574
  • District: 500009
  • Section: 5
  • Parcel: 24138501420000
  • Lot: 142
  • Municipality: PLEASURE RIDGE PARK
  • Latitude: 38.0853
  • Longitude: -85.8667

    Address

  • Full Address: 5505 Alicante Ln
  • Address - House Number: 5505
  • Address - Street Name: Alicante
  • Address - Suffix Type: Ln
  • State: KY
  • City Name: Louisville
  • Carrier Code: C071
  • 4-Digit Zip Code: 4901
  • Zip Code: 40272

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $833
  • Tax Rate Code Area: 09

    Appraisal Valuation

  • Standard Deviation: 0.2473
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 186,445
  • High Value: 232,565
  • Low Value: 140,325

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $198,921
  • First Open Lien Mortgage Lender: COMMONWEALTH BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Mar 18, 2021
  • First Open Lien Mortgage Loan Amount: $198,921
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $115,880
  • Market Land Value: $18,000
  • Market Improvement Value: $97,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,880
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $97,880

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 12, 2021
  • Current Sale Recording Date: Mar 18, 2021
  • Current Sale Transaction ID: 11828950123
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2021064440

    Last Sale Mortgage

  • First Mortgage Lender: COMMONWEALTH BANK & TRUST CO
  • First Mortgage Transaction Date: Mar 18, 2021
  • First Mortgage Loan Amount: $198,921
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

About West Louisville



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Frequently Asked Questions

What neighborhood is 5505 Alicante Lane located in?
The 5505 Alicante Lane is a located in the neighborhood of Valley Station in West Louisville, Louisville.
What is the average sales price for listings in 5505 Alicante Lane?
The average sales price for units in 5505 Alicante Lane is $0 currently.

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