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7008 Betsy Ross Drive

7008 Betsy Ross Drive, Louisville, KY 40272
Property in West Louisville
Sold Dec 21, 2023
$117,800
$122,735 by Lexington-fayette Urban County
Mortgage Due Mar 01, 2051
Sold Feb 26, 2021
$125,000
$122,735 by Lexington-fayette Urban County
Mortgage Due Mar 01, 2051
Local assessors in Louisville, KY have categorized 7008 Betsy Ross Drive as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 9,100 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 7008 Betsy Ross Drive has a total of 1,176 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. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 336 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a screened patio so you'll have a great option in the back of the home. 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 alum/vinyl siding 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 central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 7008 Betsy Ross Drive was last sold in Dec 19, 2023 for $117,800. According to our calculations, that's $100.17 per sqft. Prior to that sales transaction, the property was sold for $125,000 in Feb 23, 2021. Current property owners are expected to pay $1,498 in taxes per year. The property on 7008 Betsy Ross Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $125,000. To break that down further, the land itself was valued at $18,000. While improvements to the property were assessed at a total of $107,000. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 336
  • Parking Space Count: 2
  • Patio Type: Patio - screened

    Dimensions

  • Lot Size Square Feet: 9,100
  • Total Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,176
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VALLEY VILLAGE
  • Land Acres: 0.209
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 237 SEC 1 VALLEY VILLAGE PB 13 PG 30 0.2089 AC

Ownership

  • Current Owner : JCG PROPERTIES INC
  • Previous Owner : KENTUCKY HOUSING CORPORATION
  • Owner Before Previous Owner: OLIVER JASON
  • Owner Before Previous Owner 2: OLIVER JESSICA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 012104

Zoning

  • Zoning: R4-RESIDEN

Geography

  • Account Number: 00271561
  • District: 500009
  • Section: 1
  • Parcel: 25120100570237
  • Lot: 237
  • Municipality: PLEASURE RIDGE PARK
  • Latitude: 38.0574
  • Longitude: -85.8959

    Address

  • Full Address: 7008 Betsy Ross Dr
  • Address - House Number: 7008
  • Address - Street Name: Betsy Ross
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Louisville
  • Carrier Code: C073
  • 4-Digit Zip Code: 1110
  • Zip Code: 40272

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,498
  • Tax Rate Code Area: 09

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 332,705
  • High Value: 484,022
  • Low Value: 181,387

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $127,735
  • First Open Lien Mortgage Lender: LEXINGTON-FAYETTE URBAN COUNTY
  • First Open Lien Mortgage Recording Date: Feb 26, 2021
  • First Open Lien Mortgage Loan Amount: $122,735
  • 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: Mar 01, 2051
  • Second Open Lien Mortgage Lender: LEXINGTON-FAYETTE URBAN COUNTY
  • Second Open Lien Mortgage Recording Date: Feb 26, 2021
  • Second Open Lien Mortgage Loan Amount: $5,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2031

    Market Valuation

  • Market Total Value: $125,000
  • Market Land Value: $18,000
  • Market Improvement Value: $107,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,000
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $107,000

    Sales

  • Current Sale Contract Date: Dec 19, 2023
  • Current Sale Recording Date: Dec 21, 2023
  • Current Sale Transaction ID: 11918425973
  • Current Sale Price: $117,800
  • Current Sale Document Type: Commissioner's Deed - North Carolina in probate-related transfers. In Hawaii foreclosure-related transfers.
  • Current Sale Input Document Number: 250774
  • Previous Sale Recording Date: Feb 26, 2021
  • Previous Sale Contract Date: Feb 23, 2021
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RIVER CITY BANK, INC
  • First Mortgage Transaction Date: Dec 21, 2023
  • First Mortgage Loan Amount: $167,008
  • First Mortgage Terms: 5
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Jun 19, 2024

    Previous Mortgages

  • Previous Mortgage Lender: LEXINGTON-FAYETTE URBAN COUNTY
  • Previous Mortgage Transaction Date: Feb 26, 2021
  • Previous Mortgage Loan Amount: $122,735
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2051

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Frequently Asked Questions

What neighborhood is 7008 Betsy Ross Drive located in?
The 7008 Betsy Ross Drive is a located in the neighborhood of West Louisville in West Louisville, Louisville.
What is the average sales price for listings in 7008 Betsy Ross Drive?
The average sales price for units in 7008 Betsy Ross Drive is $0 currently.

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