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926 Cherokee Road

926 Cherokee Road, Louisville, KY 40204
Multifamily in Cherokee Triangle
Sold Jan 27, 2021
$860,000
$645,000 by Evansville Teachers Fcu
Mortgage Due Jan 22, 2026
Local assessors in Louisville, KY have categorized 926 Cherokee Road as a residential type of property. The home was built in 1903 and is 121 years old. The property's lot size has been calculated to be 8,102 square feet. The linear feet between the front and back of the lot was measured at 1,800 ft and the front of the lot was measured at 450 ft. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 926 Cherokee Road has a total of 6,439 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - B. Residents rely on air conditioning for their cooling system. The home's a 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, 926 Cherokee Road was last sold in Jan 22, 2021 for $860,000. According to our calculations, that's $133.56 per sqft. Current property owners are expected to pay $11,541 in taxes per year. The property on 926 Cherokee Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $860,000. To break that down further, the land itself was valued at $85,000. While improvements to the property were assessed at a total of $775,000. 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. 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. 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
Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1903
  • Effective Year Built: 1903
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 3
  • Living Units: 7
  • Basement Type: Unspecified basement
  • Basement Area: 1,480
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,102
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 450
  • Total Building Area: 6,439
  • Building Area: 6,439
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 6,439
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.186
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: 0.1860 AC SWS CHEROKEE RD

Ownership

  • Current Owner : CDKN PROPERTIES LLC
  • Previous Owner : JONES EDWARD
  • Previous Owner 2: BAUER HARRY
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 008202

Zoning

  • Zoning: R5B-RESIDE

Geography

  • Account Number: 08201447
  • District: 100023
  • Parcel: 10068K00430000
  • Municipality: LOUISVILLE
  • Latitude: 38.2424
  • Longitude: -85.7246

    Address

  • Full Address: 926 Cherokee Rd
  • Address - House Number: 926
  • Address - Street Name: Cherokee
  • Address - Suffix Type: Rd
  • State: KY
  • City Name: Louisville
  • Carrier Code: C035
  • 4-Digit Zip Code: 2375
  • Zip Code: 40204

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,541
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 746,812
  • High Value: 1,077,134
  • Low Value: 416,489

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $785,000
  • First Open Lien Mortgage Lender: EVANSVILLE TEACHERS FCU
  • First Open Lien Mortgage Recording Date: Jan 27, 2021
  • First Open Lien Mortgage Loan Amount: $645,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jan 22, 2026
  • Second Open Lien Mortgage Lender: LIBERTY FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jun 12, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $140,000
  • Second Open Lien Mortgage Term: 17
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 20, 2024

    Market Valuation

  • Market Total Value: $860,000
  • Market Land Value: $85,000
  • Market Improvement Value: $775,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $860,000
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $775,000

    Sales

  • Current Sale Contract Date: Jan 22, 2021
  • Current Sale Recording Date: Jan 27, 2021
  • Current Sale Transaction ID: 11825926265
  • Current Sale Price: $860,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021023161

    Last Sale Mortgage

  • First Mortgage Lender: EVANSVILLE TEACHERS FCU
  • First Mortgage Transaction Date: Jan 27, 2021
  • First Mortgage Loan Amount: $645,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jan 22, 2026

About The Highlands



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Frequently Asked Questions

What neighborhood is 926 Cherokee Road located in?
The 926 Cherokee Road is a multifamily located in the neighborhood of Cherokee Triangle in The Highlands, Louisville.
What is the average sales price for listings in 926 Cherokee Road?
The average sales price for units in 926 Cherokee Road is $0 currently.

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