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8504 Gainsborough Drive

8504 Gainsborough Drive, Louisville, KY 40291
Property in Fern Creek
Sold Feb 25, 2020
$180,000
$171,000 by The Mortgage Warehouse
Mortgage Due Mar 01, 2050
Sold Mar 26, 2014
$131,000
$124,450 by Centra Cu
Mortgage Due Apr 01, 2029
Local assessors in Louisville, KY have categorized 8504 Gainsborough Drive as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 8,115 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 8504 Gainsborough Drive has a total of 1,025 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,025 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 are 2 available parking spaces so it's a great situation for those with more than one car. 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 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. The property was last sold in Feb 21, 2020 for $180,000. That's $175.61 per sqft. Prior to that sales transaction, the property was also sold in Mar 24, 2014 for $131,000. 8504 Gainsborough Drive was last assessed in 2023. The total value of the property was assessed at $180,000. Specifically, the land the property is located on was valued at $27,000. While improvements on the property were assessed at a total of $153,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,120. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Type: Finished improved basement
  • Basement Area: 1,025
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,115
  • Total Building Area: 1,025
  • Building Area: 1,025
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,025
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CREEK HOLLOW
  • Land Acres: 0.186
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 0.1863 AC LOT 23 CREEK HOLLOW PB 30 PG 93 IRREG LOT S CORNER GAINSBOROUGH DR & SHAW CT

Ownership

  • Current Owner : LUDWIG MORGAN
  • Current Owner 2: TAYLOR CHARLES A
  • Previous Owner : KURTZ KEVIN C
  • Previous Owner 2: KURTZ BRIANNA D
  • Owner Before Previous Owner: HACK AARON C
  • Owner Before Previous Owner 2: HACK JUSTINE C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 011516

Zoning

  • Zoning: R4-RESIDEN

Geography

  • Account Number: 00234750
  • District: 500011
  • Parcel: 23209000230000
  • Lot: 23,S
  • Municipality: HIGHVIEW
  • Latitude: 38.1344
  • Longitude: -85.6036

    Address

  • Full Address: 8504 Gainsborough Dr
  • Address - House Number: 8504
  • Address - Street Name: Gainsborough
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Louisville
  • Carrier Code: R019
  • 4-Digit Zip Code: 2949
  • Zip Code: 40291

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,120
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 246,056
  • High Value: 289,739
  • Low Value: 202,373

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $171,000
  • First Open Lien Mortgage Lender: THE MORTGAGE WAREHOUSE
  • First Open Lien Mortgage Recording Date: Feb 25, 2020
  • First Open Lien Mortgage Loan Amount: $171,000
  • 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: Mar 01, 2050

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $27,000
  • Market Improvement Value: $153,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,000
  • Assessed Land Value: $27,000
  • Assessed Improvements Value: $153,000

    Sales

  • Current Sale Contract Date: Feb 21, 2020
  • Current Sale Recording Date: Feb 25, 2020
  • Current Sale Transaction ID: 11738477466
  • Current Sale Price: $180,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020039238
  • Previous Sale Recording Date: Mar 26, 2014
  • Previous Sale Contract Date: Mar 24, 2014
  • Previous Sale Amount: $131,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE MORTGAGE WAREHOUSE
  • First Mortgage Transaction Date: Feb 25, 2020
  • First Mortgage Loan Amount: $171,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CENTRA CU
  • Previous Mortgage Transaction Date: Mar 26, 2014
  • Previous Mortgage Loan Amount: $124,450
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2029

About South Side



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Frequently Asked Questions

What neighborhood is 8504 Gainsborough Drive located in?
The 8504 Gainsborough Drive is a located in the neighborhood of Fern Creek in South Side, Louisville.
What is the average sales price for listings in 8504 Gainsborough Drive?
The average sales price for units in 8504 Gainsborough Drive is $0 currently.

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