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637 East Ormsby Avenue

637 East Ormsby Avenue, Louisville, KY 40203
Multifamily in Shelby Park
Sold Mar 06, 2019
$153,000
$114,750 by Wilson & Muir Bank & Trust Co
Mortgage Due Apr 01, 2034
Sold Jun 21, 2018
$85,000
$93,026 by Anchor Loans Inc
Mortgage Due Jan 01, 2019
637 East Ormsby Avenue 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 1900 and is 124 years old. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 637 East Ormsby Avenue has 2,168 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,350 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 3,350 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. 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 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 wood siding. 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. 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, 637 East Ormsby Avenue sold most recently in Mar 5, 2019 for a total of $153,000. If you work out the math, that's approximately a cost of $70.57 per sqft. Before that, the property was also sold for $85,000 in Jun 18, 2018. 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 $2,053 in taxes each year. 637 East Ormsby Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $153,000. If we break it down further, the land itself was valued at $14,000. Improvements to the property, however, were assessed at a total of $139,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Covered
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 3,350
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,168
  • Building Area: 2,168
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,168
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROLLING ACRES
  • Land Acres: 0.077
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: 0.0769 AC +/-, N SIDE E.ORMSBY AVE, 50 FT W OF S CLAY ST, 25 X 135

Ownership

  • Current Owner : SKIKIC MILLI
  • Current Owner 2: CARDONA SHIRLEY JACINTA
  • Previous Owner : PETTWAY ENTERPRISES LLC
  • Owner Before Previous Owner: LINER MIKE
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 006500

Zoning

  • Zoning: R6-RESIDEN

Geography

  • Account Number: 00096459
  • District: 100023
  • Parcel: 09023E00650000
  • Municipality: LOUISVILLE
  • Latitude: 38.2307
  • Longitude: -85.7443

    Address

  • Full Address: 637 E Ormsby Ave
  • Address - House Number: 637
  • Street Direction: E
  • Address - Street Name: Ormsby
  • Address - Suffix Type: Ave
  • State: KY
  • City Name: Louisville
  • Carrier Code: C039
  • 4-Digit Zip Code: 2622
  • Zip Code: 40203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,053
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.2473
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 235,674
  • High Value: 293,971
  • Low Value: 177,376

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $114,750
  • First Open Lien Mortgage Lender: WILSON & MUIR BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Mar 06, 2019
  • First Open Lien Mortgage Loan Amount: $114,750
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2034

    Market Valuation

  • Market Total Value: $153,000
  • Market Land Value: $14,000
  • Market Improvement Value: $139,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $153,000
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $139,000

    Sales

  • Current Sale Contract Date: Mar 05, 2019
  • Current Sale Recording Date: Mar 06, 2019
  • Current Sale Transaction ID: 11588264373
  • Current Sale Price: $153,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019048597
  • Previous Sale Recording Date: Jun 21, 2018
  • Previous Sale Contract Date: Jun 18, 2018
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WILSON & MUIR BANK & TRUST CO
  • First Mortgage Transaction Date: Mar 06, 2019
  • First Mortgage Loan Amount: $114,750
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: ANCHOR LOANS INC
  • Previous Mortgage Transaction Date: Jun 21, 2018
  • Previous Mortgage Loan Amount: $93,026
  • Previous Mortgage Term: 6
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jan 01, 2019

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Frequently Asked Questions

What neighborhood is 637 East Ormsby Avenue located in?
The 637 East Ormsby Avenue is a multifamily located in the neighborhood of Shelby Park in Central Louisville, Louisville.
What is the average sales price for listings in 637 East Ormsby Avenue?
The average sales price for units in 637 East Ormsby Avenue is $0 currently.

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