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8514 River Terrace Drive

8514 River Terrace Drive, Louisville, KY 40258
Sold Feb 08, 2017
$152,000
$147,440 by Century Lending Co
Mortgage Due Feb 01, 2047
Sold Mar 28, 2013
$130,000
Seller
$90,000 by Century Lending Co
Mortgage Due Apr 01, 2043
8514 River Terrace Drive 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 1997 and is 27 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8514 River Terrace Drive has 1,471 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,174,280 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. 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 C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick. 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 no air conditioning at the moment. In terms of heating, it is utilizing a central heating system. 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, 8514 River Terrace Drive sold most recently in Jan 30, 2017 for a total of $152,000. If you work out the math, that's approximately a cost of $103.33 per sqft. Before that, the property was also sold for $130,000 in Mar 19, 2013. 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 $1,821 in taxes each year. 8514 River Terrace Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $152,000. Improvements to the property, however, were assessed at a total of $152,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,174,280
  • Total Building Area: 1,471
  • Building Area: 1,471
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,471
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CONDOMINIUM
  • Land Acres: 26.957
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 23A, BLDG 23 RIVER FOREST COURTYARD HOME CONDOMINIUMS

Ownership

  • Current Owner : JONES ELSIE M
  • Previous Owner : EADENS SHERRY
  • Owner Before Previous Owner: WILLETT TED
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 012410

Geography

  • Account Number: 00612070
  • District: 500009
  • Parcel: 252956023A0000
  • Municipality: PLEASURE RIDGE PARK
  • Latitude: 38.1526
  • Longitude: -85.8674

    Address

  • Full Address: 8514 River Terrace Dr
  • Legal Unit: 23A-23
  • Address - House Number: 8514
  • Address - Street Name: River Terrace
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Louisville
  • Carrier Code: C077
  • 4-Digit Zip Code: 5414
  • Zip Code: 40258

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,821
  • Tax Rate Code Area: 09

    Appraisal Valuation

  • Standard Deviation: 0.2105
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 210,209
  • High Value: 254,462
  • Low Value: 165,956

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $147,440
  • First Open Lien Mortgage Lender: CENTURY LENDING CO
  • First Open Lien Mortgage Recording Date: Feb 08, 2017
  • First Open Lien Mortgage Loan Amount: $147,440
  • 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: Feb 01, 2047

    Market Valuation

  • Market Total Value: $152,000
  • Market Improvement Value: $152,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $152,000
  • Assessed Improvements Value: $152,000

    Sales

  • Current Sale Contract Date: Jan 30, 2017
  • Current Sale Recording Date: Feb 08, 2017
  • Current Sale Transaction ID: 1806697675
  • Current Sale Price: $152,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017027973
  • Previous Sale Recording Date: Mar 28, 2013
  • Previous Sale Contract Date: Mar 19, 2013
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTURY LENDING CO
  • First Mortgage Transaction Date: Feb 08, 2017
  • First Mortgage Loan Amount: $147,440
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: CENTURY LENDING CO
  • Previous Mortgage Transaction Date: Mar 28, 2013
  • Previous Mortgage Loan Amount: $90,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2043

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Frequently Asked Questions

What neighborhood is 8514 River Terrace Drive located in?
The 8514 River Terrace Drive is a located in the neighborhood of Pleasure Ridge Park in West Louisville, Louisville.
What is the average sales price for listings in 8514 River Terrace Drive?
The average sales price for units in 8514 River Terrace Drive is $0 currently.

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