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6509 Bilsim Lane

6509 Bilsim Lane, Louisville, KY 40291
Property in Fern Creek
Sold May 17, 2006
$121,000
$96,800 by Decision One Mortgage Company
Mortgage Due May 11, 2036
Sold Jul 11, 2005
$93,600
$87,134 by River City Bank Highv
Mortgage Due Jan 08, 2006
6509 Bilsim 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 1972 and is 52 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, 6509 Bilsim Lane has 1,302 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 7,427 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 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 6509 Bilsim Lane was last sold in May 12, 2006 for $121,000. According to our calculations, that's $92.93 per sqft. Prior to that sales transaction, the property was sold for $93,600 in Jul 8, 2005. Current property owners are expected to pay $1,632 in taxes per year. The property on 6509 Bilsim Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $138,510. To break that down further, the land itself was valued at $32,500. While improvements to the property were assessed at a total of $106,010. 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. 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. 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: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,427
  • Total Building Area: 1,302
  • Building Area: 1,302
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,302
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BIRCHWOOD SUB
  • Land Acres: 0.171
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 84 BIRCHWOOD SUB SEC 2 PB 25 PG 60

Ownership

  • Current Owner : LARKINS MICHAEL
  • Current Owner 2: LARKINS LESLIE
  • Previous Owner : CARTER MICHAEL R
  • Previous Owner 2: CARTER MARY SUE
  • Owner Before Previous Owner: SPURRIER CHESTER S
  • Owner Before Previous Owner 2: SPURRIER DORA D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 011515

Zoning

  • Zoning: R4-RESIDEN

Geography

  • Account Number: 00216239
  • District: 500015
  • Section: 2
  • Parcel: 23200900840000
  • Lot: 84
  • Municipality: FERN CREEK
  • Latitude: 38.1514
  • Longitude: -85.5957

    Address

  • Full Address: 6509 Bilsim Ln
  • Address - House Number: 6509
  • Address - Street Name: Bilsim
  • Address - Suffix Type: Ln
  • State: KY
  • City Name: Louisville
  • Carrier Code: C072
  • 4-Digit Zip Code: 2609
  • Zip Code: 40291

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,632
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.2473
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 217,275
  • High Value: 271,022
  • Low Value: 163,529

    Open Liens

  • First Open Lien Mortgage Lender: DECISION ONE MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: May 17, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $96,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien 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.)
  • First Open Lien Mortgage Loan Due Date: May 11, 2036

    Market Valuation

  • Market Total Value: $138,510
  • Market Land Value: $32,500
  • Market Improvement Value: $106,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $138,510
  • Assessed Land Value: $32,500
  • Assessed Improvements Value: $106,010

    Sales

  • Current Sale Contract Date: May 12, 2006
  • Current Sale Recording Date: May 17, 2006
  • Current Sale Transaction ID: 1144294538
  • Current Sale Price: $121,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: DN2006078364
  • Previous Sale Recording Date: Jul 11, 2005
  • Previous Sale Contract Date: Jul 08, 2005
  • Previous Sale Amount: $93,600
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: DECISION ONE MORTGAGE COMPANY
  • First Mortgage Transaction Date: May 17, 2006
  • First Mortgage Loan Amount: $96,800
  • First Mortgage Terms: 360
  • First 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.)
  • First Mortgage Loan Due Date: May 11, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: RIVER CITY BANK HIGHV
  • Previous Mortgage Transaction Date: Jul 11, 2005
  • Previous Mortgage Loan Amount: $87,134
  • Previous Mortgage Term: 5
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 08, 2006

About South Side



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Frequently Asked Questions

What neighborhood is 6509 Bilsim Lane located in?
The 6509 Bilsim Lane is a located in the neighborhood of Fern Creek in South Side, Louisville.
What is the average sales price for listings in 6509 Bilsim Lane?
The average sales price for units in 6509 Bilsim Lane is $0 currently.

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