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700 South Barbee Way

700 South Barbee Way, Louisville, KY 40217
Property in Merriwether
Sold Aug 05, 2015
$131,000
$123,570 by Ally Bank
Mortgage Due Nov 01, 2050
Sold Apr 04, 2011
$104,250
$101,607 by Allied Home Mortgage Corp
Mortgage Due Apr 01, 2041
700 South Barbee 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 1924 and is 100 years old. The home comes with a single bedroom. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 700 South Barbee Way has 1,330 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 950 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 linear feet between the front and back of the lot is 920 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 3,668 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 240 sqft. According to our sources, there is one available parking space. 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 alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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, 700 South Barbee Way was last sold in Jul 29, 2015 for $131,000. According to our calculations, that's $98.50 per sqft. Prior to that sales transaction, the property was sold for $104,250 in Mar 31, 2011. Current property owners are expected to pay $2,231 in taxes per year. The property on 700 South Barbee Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $166,240. To break that down further, the land itself was valued at $29,000. While improvements to the property were assessed at a total of $137,240. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1924
  • Effective Year Built: 1924
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Covered
  • Basement Type: Full basement
  • Basement Area: 950
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 3,668
  • Lot Size Depth Feet: 920
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,330
  • Building Area: 1,330
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,330
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GARDINERS PRESTON PARK
  • Land Acres: 0.084
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 76 GARDINERS PRESTON PK ADD DB 1094 PG 304 0.0842 AC

Ownership

  • Current Owner : BURT ADAM
  • Current Owner 2: BURT KEVIN
  • Previous Owner : TOPP ROBERT
  • Previous Owner 2: TOPP JAMIE
  • Owner Before Previous Owner: LEIGH HERMAN TERRELL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 007102

Zoning

  • Zoning: R5-RESIDEN

Geography

  • Account Number: 00116226
  • District: 100023
  • Parcel: 09024E00610000
  • Lot: 76
  • Municipality: LOUISVILLE
  • Latitude: 38.2191
  • Longitude: -85.745

    Address

  • Full Address: 700 S Barbee Way
  • Address - House Number: 700
  • Street Direction: S
  • Address - Street Name: Barbee
  • Address - Suffix Type: Way
  • State: KY
  • City Name: Louisville
  • Carrier Code: C044
  • 4-Digit Zip Code: 2108
  • Zip Code: 40217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,231
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.2163
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 70
  • Final Value: 239,203
  • High Value: 290,963
  • Low Value: 187,443

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $198,570
  • First Open Lien Mortgage Lender: ALLY BANK
  • First Open Lien Mortgage Recording Date: Feb 12, 2021
  • First Open Lien Mortgage Loan Amount: $123,570
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050
  • Second Open Lien Mortgage Lender: HUNTINGTON NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Apr 12, 2022
  • Second Open Lien Mortgage Loan Amount: $75,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 24, 2052

    Market Valuation

  • Market Total Value: $166,240
  • Market Land Value: $29,000
  • Market Improvement Value: $137,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $166,240
  • Assessed Land Value: $29,000
  • Assessed Improvements Value: $137,240

    Sales

  • Current Sale Contract Date: Jul 29, 2015
  • Current Sale Recording Date: Aug 05, 2015
  • Current Sale Transaction ID: 1323987168
  • Current Sale Price: $131,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: DN2015102711
  • Previous Sale Recording Date: Apr 04, 2011
  • Previous Sale Contract Date: Mar 31, 2011
  • Previous Sale Amount: $104,250
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATEWIDE MORTGAGE
  • First Mortgage Transaction Date: Aug 05, 2015
  • First Mortgage Loan Amount: $128,627
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: ALLIED HOME MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 04, 2011
  • Previous Mortgage Loan Amount: $101,607
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2041

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Frequently Asked Questions

What neighborhood is 700 South Barbee Way located in?
The 700 South Barbee Way is a located in the neighborhood of Merriwether in Central Louisville, Louisville.
What is the average sales price for listings in 700 South Barbee Way?
The average sales price for units in 700 South Barbee Way is $0 currently.

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