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8707 Gainsborough Drive

8707 Gainsborough Drive, Louisville, KY 40291
House in Fern Creek
Sold Jun 23, 2020
$158,000
$1,860,076 by German American Bank
Mortgage Due May 06, 2031
Sold Jul 29, 2011
$127,000
Local assessors in Louisville, KY have categorized 8707 Gainsborough Drive as a residential type of property. The home was built in 1975 and is 49 years old. The property's lot size has been calculated to be 11,761 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 8707 Gainsborough Drive has a total of 1,464 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 attached garage for those who need a place to park their vehicle. The garage on the property is 567 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 - D+. 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. 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, 8707 Gainsborough Drive was last sold in Jun 19, 2020 for $158,000. According to our calculations, that's $107.92 per sqft. Prior to that sales transaction, the property was sold for $127,000 in Jul 25, 2011. Current property owners are expected to pay $1,861 in taxes per year. The property on 8707 Gainsborough Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $158,000. To break that down further, the land itself was valued at $29,000. While improvements to the property were assessed at a total of $129,000. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Brick Exterior

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • 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: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 567
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,464
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GAINSBOROUGH
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 74 GAINSBOROUGH SUB PB 28 PG 74

Ownership

  • Current Owner : ST JAMES CROSSING LLC
  • Previous Owner : EMBRY TAMMY A
  • Previous Owner 2: EMBRY JEFF
  • Owner Before Previous Owner: EVANS SHIRLEY L
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R4-RESIDEN

Geography

  • Account Number: 00233438
  • District: 500015
  • Parcel: 23205100740000
  • Lot: 74
  • Municipality: FERN CREEK
  • Latitude: 38.1355
  • Longitude: -85.5995

    Address

  • Full Address: 8707 Gainsborough Dr
  • Address - House Number: 8707
  • Address - Street Name: Gainsborough
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Louisville
  • Carrier Code: R095
  • 4-Digit Zip Code: 2936
  • Zip Code: 40291

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,861
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.205
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 72
  • Final Value: 220,285
  • High Value: 265,452
  • Low Value: 175,118

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,860,076
  • First Open Lien Mortgage Lender: GERMAN AMERICAN BANK
  • First Open Lien Mortgage Recording Date: Nov 18, 2022
  • First Open Lien Mortgage Loan Amount: $1,860,076
  • First Open Lien Mortgage Term: 101
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 06, 2031

    Market Valuation

  • Market Total Value: $158,000
  • Market Land Value: $29,000
  • Market Improvement Value: $129,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,000
  • Assessed Land Value: $29,000
  • Assessed Improvements Value: $129,000

    Sales

  • Current Sale Contract Date: Jun 19, 2020
  • Current Sale Recording Date: Jun 23, 2020
  • Current Sale Transaction ID: 11771019234
  • Current Sale Price: $158,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020118038
  • Previous Sale Recording Date: Jul 29, 2011
  • Previous Sale Contract Date: Jul 25, 2011
  • Previous Sale Amount: $127,000
  • Previous Sale Document Type: Warranty Deed

About South Side



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Frequently Asked Questions

What neighborhood is 8707 Gainsborough Drive located in?
The 8707 Gainsborough Drive is a house located in the neighborhood of Fern Creek in South Side, Louisville.
What is the average sales price for listings in 8707 Gainsborough Drive?
The average sales price for units in 8707 Gainsborough Drive is $0 currently.

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