5411 Layne Road

Local assessors in Louisville, KY have categorized 5411 Layne Road as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 15,934 square feet. As for the restroom situation, there is one full bathroom. 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 5411 Layne Road has a total of 1,098 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 finished improved basement that is 1,098 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 garage underground or in the basement for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 no 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. 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, 5411 Layne Road sold most recently in Jan 1, 1970 for a total of $387. If you work out the math, that's approximately a cost of $0.35 per sqft. 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. 5411 Layne Road was most recently assessed in 2020. During this assessment, the property's total value was estimated to be about $144,000. If we break it down further, the land itself was valued at $23,000. Improvements to the property, however, were assessed at a total of $121,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.