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7504 Gerald Avenue

7504 Gerald Avenue, Louisville, KY 40258
Sold Jun 29, 2021
$85,000
$271,250 by Citizens Unoin Bank
Mortgage
Sold Oct 04, 2018
$86,000
$68,800 by Century Lending Co
Mortgage Due Oct 01, 2048
Local assessors in Louisville, KY have categorized 7504 Gerald Avenue as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 9,135 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 7504 Gerald Avenue has a total of 875 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 detached garage for those who need a place to park their vehicle. The garage on the property is 308 sqft. 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 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 gable style roof that was made of composition shingle. Lots of wood 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, 7504 Gerald Avenue was last sold in Jun 25, 2021 for $85,000. According to our calculations, that's $97.14 per sqft. Prior to that sales transaction, the property was sold for $86,000 in Sep 28, 2018. Current property owners are expected to pay $1,730 in taxes per year. The property on 7504 Gerald Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $144,370. To break that down further, the land itself was valued at $17,500. While improvements to the property were assessed at a total of $126,870. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 9,135
  • Total Building Area: 875
  • Building Area: 875
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 875
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAFAYETTE MANOR
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 56 LAFAYETTE MANOR PB. 10 PG. 95, .2097 AC+/-

Ownership

  • Current Owner : CARING RE CT LLC
  • Previous Owner : KROB HOLDINGS LLC
  • Owner Before Previous Owner: SHEFFIELD REGINA R
  • Owner Before Previous Owner 2: HARDER STEPHEN
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 012406

Zoning

  • Zoning: R4-RESIDEN

Geography

  • Account Number: 00224139
  • District: 500009
  • Parcel: 25116200730056
  • Lot: 56
  • Municipality: PLEASURE RIDGE PARK
  • Latitude: 38.1421
  • Longitude: -85.8502

    Address

  • Full Address: 7504 Gerald Ave
  • Address - House Number: 7504
  • Address - Street Name: Gerald
  • Address - Suffix Type: Ave
  • State: KY
  • City Name: Louisville
  • Carrier Code: C074
  • 4-Digit Zip Code: 1446
  • Zip Code: 40258

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,730
  • Tax Rate Code Area: 09

    Appraisal Valuation

  • Standard Deviation: 0.2571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 155,653
  • High Value: 195,682
  • Low Value: 115,625

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $271,250
  • First Open Lien Mortgage Lender: CITIZENS UNOIN BANK
  • First Open Lien Mortgage Recording Date: Jun 29, 2021
  • First Open Lien Mortgage Loan Amount: $271,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $144,370
  • Market Land Value: $17,500
  • Market Improvement Value: $126,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $144,370
  • Assessed Land Value: $17,500
  • Assessed Improvements Value: $126,870

    Sales

  • Current Sale Contract Date: Jun 25, 2021
  • Current Sale Recording Date: Jun 29, 2021
  • Current Sale Transaction ID: 11842820189
  • Current Sale Price: $85,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021159857
  • Previous Sale Recording Date: Oct 04, 2018
  • Previous Sale Contract Date: Sep 28, 2018
  • Previous Sale Amount: $86,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS UNOIN BANK
  • First Mortgage Transaction Date: Jun 29, 2021
  • First Mortgage Loan Amount: $271,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Previous Mortgages

  • Previous Mortgage Lender: CENTURY LENDING CO
  • Previous Mortgage Transaction Date: Oct 04, 2018
  • Previous Mortgage Loan Amount: $68,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2048

About West Louisville



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,120 /mo

  • 2 Beds
  • 1.5 Baths
Listing by Manager

Frequently Asked Questions

What neighborhood is 7504 Gerald Avenue located in?
The 7504 Gerald Avenue is a house located in the neighborhood of Pleasure Ridge Park in West Louisville, Louisville.
What is the average sales price for listings in 7504 Gerald Avenue?
The average sales price for units in 7504 Gerald Avenue is $0 currently.

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