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7407 Springvale Drive

7407 Springvale Drive, Louisville, KY 40241
Property in Spring Valley
Sold Nov 23, 2021
$333,000
$316,350 by Citizens Bank Na
Mortgage Due Dec 01, 2051
Local assessors in Louisville, KY have categorized 7407 Springvale Drive as a residential type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 29,020 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 7407 Springvale Drive has a total of 1,560 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 garage underground or in the basement for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 - C+. The building has a hip style roof that was made of composition shingle. Lots of brick veneer 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 7407 Springvale Drive sold most recently in Nov 18, 2021 for a total of $333,000. If you work out the math, that's approximately a cost of $213.46 per sqft. 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 $3,856 in taxes each year. 7407 Springvale Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $333,000. If we break it down further, the land itself was valued at $75,600. Improvements to the property, however, were assessed at a total of $257,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

Brick Exterior
Vinyl Siding

Driveway

Driveway

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Cover: Covered
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 1
  • Patio Type: Patio - screened

    Dimensions

  • Lot Size Square Feet: 29,020
  • Total Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,560
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SPRING VALLEY ESTATES
  • Land Acres: 0.666
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 58 SPRING VALLEY ESTATES SEC 3

Ownership

  • Current Owner : MASSILLON EGLATH NAUDET
  • Current Owner 2: MASSILLON NACIUS
  • Previous Owner : ESTATE OF RICHARD T WHITTINGHAM
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 010318

Zoning

  • Zoning: R4-RESIDEN

Geography

  • Account Number: 00010504
  • District: 215020
  • Section: 3
  • Parcel: 21153800580058
  • Lot: 58
  • Municipality: WORTHINGTON
  • Latitude: 38.298
  • Longitude: -85.6134

    Address

  • Full Address: 7407 Springvale Dr
  • Address - House Number: 7407
  • Address - Street Name: Springvale
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Louisville
  • Carrier Code: C045
  • 4-Digit Zip Code: 2738
  • Zip Code: 40241

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,856
  • Tax Rate Code Area: 20

    Appraisal Valuation

  • Standard Deviation: 0.2091
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 376,543
  • High Value: 455,300
  • Low Value: 297,786

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $316,350
  • First Open Lien Mortgage Lender: CITIZENS BANK NA
  • First Open Lien Mortgage Recording Date: Nov 23, 2021
  • First Open Lien Mortgage Loan Amount: $316,350
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $333,000
  • Market Land Value: $75,600
  • Market Improvement Value: $257,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $333,000
  • Assessed Land Value: $75,600
  • Assessed Improvements Value: $257,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Transaction ID: 11868724595
  • Current Sale Price: $333,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021294811

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK NA
  • First Mortgage Transaction Date: Nov 23, 2021
  • First Mortgage Loan Amount: $316,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About East Louisville



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Frequently Asked Questions

What neighborhood is 7407 Springvale Drive located in?
The 7407 Springvale Drive is a located in the neighborhood of Spring Valley in East Louisville, Louisville.
What is the average sales price for listings in 7407 Springvale Drive?
The average sales price for units in 7407 Springvale Drive is $0 currently.

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