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7506 Pimlico Drive

7506 Pimlico Drive, Louisville, KY 40214
Property in West Louisville
Sold Nov 02, 2012
$94,000
$70,500 by Commonwealth Bank & Trust Co
Mortgage Due Dec 01, 2042
Local assessors in Louisville, KY have categorized 7506 Pimlico Drive as a residential type of property. The home was built in 1966 and is 58 years old. The property's lot size has been calculated to be 8,999 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 3 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 7506 Pimlico Drive has a total of 1,134 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 1,134 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 780 sqft. There are 3 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 - C. The building has a hip style roof that was made of composition shingle. Lots of wood siding 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. 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, 7506 Pimlico Drive sold most recently in Nov 2, 2012 for a total of $94,000. If you work out the math, that's approximately a cost of $82.89 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 $1,811 in taxes each year. 7506 Pimlico Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $151,130. If we break it down further, the land itself was valued at $33,000. Improvements to the property, however, were assessed at a total of $118,130. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Type: Finished improved basement
  • Basement Area: 1,134
  • Garage Type: Detached
  • Garage Square Area: 780
  • Parking Space Count: 3
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 8,999
  • Total Building Area: 1,134
  • Building Area: 1,134
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,134
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST HILLS
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 47 FOREST HILLS SUB SEC 1B PB 20 PG 68 0.2066 AC

Ownership

  • Current Owner : RICH JAMES H
  • Current Owner 2: RICH ANNETTE W
  • Previous Owner : HALE MICHAEL R
  • Previous Owner 2: HALE MARGARET A

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 012204

Zoning

  • Zoning: R4-RESIDEN

Geography

  • Account Number: 00214393
  • District: 500009
  • Section: 1B
  • Parcel: 24129400470000
  • Lot: 47
  • Municipality: PLEASURE RIDGE PARK
  • Latitude: 38.1506
  • Longitude: -85.8076

    Address

  • Full Address: 7506 Pimlico Dr
  • Address - House Number: 7506
  • Address - Street Name: Pimlico
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Louisville
  • Carrier Code: C052
  • 4-Digit Zip Code: 4068
  • Zip Code: 40214

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,811
  • Tax Rate Code Area: 09

    Appraisal Valuation

  • Standard Deviation: 0.2583
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 222,208
  • High Value: 279,618
  • Low Value: 164,798

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $70,500
  • First Open Lien Mortgage Lender: COMMONWEALTH BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Nov 02, 2012
  • First Open Lien Mortgage Loan Amount: $70,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2042

    Market Valuation

  • Market Total Value: $151,130
  • Market Land Value: $33,000
  • Market Improvement Value: $118,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $151,130
  • Assessed Land Value: $33,000
  • Assessed Improvements Value: $118,130

    Sales

  • Current Sale Contract Date: Nov 02, 2012
  • Current Sale Recording Date: Nov 02, 2012
  • Current Sale Transaction ID: 1181184929
  • Current Sale Price: $94,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: DN2012162597

    Last Sale Mortgage

  • First Mortgage Lender: COMMONWEALTH BANK & TRUST CO
  • First Mortgage Transaction Date: Nov 02, 2012
  • First Mortgage Loan Amount: $70,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Dec 01, 2042

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Frequently Asked Questions

What neighborhood is 7506 Pimlico Drive located in?
The 7506 Pimlico Drive is a located in the neighborhood of West Louisville in West Louisville, Louisville.
What is the average sales price for listings in 7506 Pimlico Drive?
The average sales price for units in 7506 Pimlico Drive is $0 currently.

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