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8706 Michael Ray Drive

8706 Michael Ray Drive, Louisville, KY 40219
Property in Highview
Sold Apr 14, 2021
$225,000
$180,000 by North American Savings Bank Fs
Mortgage Due May 01, 2051
Local assessors in Louisville, KY have categorized 8706 Michael Ray Drive as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 9,566 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 8706 Michael Ray Drive has a total of 1,375 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 full basement that is 1,375 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 detached garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. 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 - C. The building has a gable 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. The property was last sold in Apr 8, 2021 for $225,000. That's $163.64 per sqft. 8706 Michael Ray Drive was last assessed in 2023. The total value of the property was assessed at $225,000. Specifically, the land the property is located on was valued at $35,000. While improvements on the property were assessed at a total of $190,000. 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 $2,651. 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. 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: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Type: Full basement
  • Basement Area: 1,375
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,566
  • Total Building Area: 1,375
  • Building Area: 1,375
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,375
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FRIENDLY HILLS EAST
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 94 FRIENDLY HILLS EAST SEC 2B, PB. 28 PG. 73, .2196 AC+/-

Ownership

  • Current Owner : WELSH DERON
  • Current Owner 2: WELSH SARAH ELIZABETH
  • Previous Owner : PERKINS ROBERT
  • Previous Owner 2: PERKINS PAMELA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 011706

Zoning

  • Zoning: R4-RESIDEN

Geography

  • Account Number: 00242971
  • District: 500011
  • Section: 2B
  • Parcel: 23205200940000
  • Lot: 94
  • Municipality: HIGHVIEW
  • Latitude: 38.1259
  • Longitude: -85.6443

    Address

  • Full Address: 8706 Michael Ray Dr
  • Address - House Number: 8706
  • Address - Street Name: Michael Ray
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Louisville
  • Carrier Code: C011
  • 4-Digit Zip Code: 5262
  • Zip Code: 40219

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,651
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.2186
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 70
  • Final Value: 282,295
  • High Value: 344,030
  • Low Value: 220,559

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: NORTH AMERICAN SAVINGS BANK FS
  • First Open Lien Mortgage Recording Date: Apr 14, 2021
  • First Open Lien Mortgage Loan Amount: $180,000
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $225,000
  • Market Land Value: $35,000
  • Market Improvement Value: $190,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,000
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $190,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 08, 2021
  • Current Sale Recording Date: Apr 14, 2021
  • Current Sale Transaction ID: 11835674889
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021090109

    Last Sale Mortgage

  • First Mortgage Lender: NORTH AMERICAN SAVINGS BANK FS
  • First Mortgage Transaction Date: Apr 14, 2021
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

About South Side



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Frequently Asked Questions

What neighborhood is 8706 Michael Ray Drive located in?
The 8706 Michael Ray Drive is a located in the neighborhood of Highview in South Side, Louisville.
What is the average sales price for listings in 8706 Michael Ray Drive?
The average sales price for units in 8706 Michael Ray Drive is $0 currently.

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