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947 South Brook Street 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 1880 and is 144 years old.
The building has a total of 2 stories.
In addition, 947 South Brook Street has 3,562 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 370 ft.
The area measurement of the land has been determined as 5,179 square feet.
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 poor. 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 inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a 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, 947 South Brook Street sold most recently in Sep 7, 2022 for a total of $312,000. If you work out the math, that's approximately a cost of $87.59 per sqft. Before that, the property was also sold for $260,000 in Feb 25, 2021. 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 $4,187 in taxes each year. 947 South Brook Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $312,000. If we break it down further, the land itself was valued at $14,000. Improvements to the property, however, were assessed at a total of $298,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.
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 poor. 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 inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a 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, 947 South Brook Street sold most recently in Sep 7, 2022 for a total of $312,000. If you work out the math, that's approximately a cost of $87.59 per sqft. Before that, the property was also sold for $260,000 in Feb 25, 2021. 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 $4,187 in taxes each year. 947 South Brook Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $312,000. If we break it down further, the land itself was valued at $14,000. Improvements to the property, however, were assessed at a total of $298,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.
Building Features
Exterior
Brick Exterior
Vinyl Siding
Block Exterior
Stone Exterior
This property description is generated based on publicly available data.
2 Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/18/2022
|
|
Studio
|
5 Bath
|
3562 ft²
|
$299,900
Studio
5 Bath
3562 ft²
|
$312,000
+4.03%
09/13/2022
|
-
|
Zachary S Pitts
RE/MAX Premier Properties
|
10/27/2020
|
|
Studio
|
5 Bath
|
3562 ft²
|
$300,000
Studio
5 Bath
3562 ft²
|
-
-
|
-
|
-
|
Building Info
Overview
Building
Neighborhood
Zoning
Geography
About Central Louisville
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