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2506 Martin Avenue

2506 Martin Avenue, Louisville, KY 40216
Property in Shively
Sold Oct 25, 2016
$90,000
$82,200 by First Community Mortgage Inc
Mortgage Due Nov 01, 2046
2506 Martin Avenue in Louisville, KY was first built in 1960 and is 64 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2506 Martin Avenue has 875 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,620. In total, the area measurement of the land is 8,586 square feet.

Learn more about the property and building on this page. There is a patio. The home has a hip style roof made of composition shingle. For those who need parking, there is a detached garage. The garage is 440 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D+. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 2506 Martin Avenue was last sold in Oct 19, 2016 for $90,000. According to our calculations, that's $102.86 per sqft. Current property owners are expected to pay $1,099 in taxes per year. The property on 2506 Martin Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $110,130. To break that down further, the land itself was valued at $17,460. While improvements to the property were assessed at a total of $92,670. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 8,586
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 500
  • Total Building Area: 875
  • Building Area: 875
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 875
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.197
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 0.1971 AC +/-, SS MARTIN AVE

Ownership

  • Current Owner : ROBINSON RELLYA
  • Previous Owner : HAMMOND JANA RAE
  • Previous Owner 2: HAMMOND DENNIS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 012604

Zoning

  • Zoning: R5-RESIDEN

Geography

  • Account Number: 00178039
  • District: 175024
  • Parcel: 25101903360000
  • Municipality: SHIVELY
  • Latitude: 38.1798
  • Longitude: -85.8345

    Address

  • Full Address: 2506 Martin Ave
  • Address - House Number: 2506
  • Address - Street Name: Martin
  • Address - Suffix Type: Ave
  • State: KY
  • City Name: Louisville
  • Carrier Code: C005
  • 4-Digit Zip Code: 3018
  • Zip Code: 40216

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,099
  • Tax Rate Code Area: 24

    Appraisal Valuation

  • Standard Deviation: 0.2632
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 160,500
  • High Value: 202,747
  • Low Value: 118,254

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $82,200
  • First Open Lien Mortgage Lender: FIRST COMMUNITY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Oct 25, 2016
  • First Open Lien Mortgage Loan Amount: $82,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2046

    Market Valuation

  • Market Total Value: $110,130
  • Market Land Value: $17,460
  • Market Improvement Value: $92,670

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,130
  • Assessed Land Value: $17,460
  • Assessed Improvements Value: $92,670

    Sales

  • Current Sale Contract Date: Oct 19, 2016
  • Current Sale Recording Date: Oct 25, 2016
  • Current Sale Transaction ID: 1992270385
  • Current Sale Price: $90,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016260626

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COMMUNITY MORTGAGE INC
  • First Mortgage Transaction Date: Oct 25, 2016
  • First Mortgage Loan Amount: $82,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2506 Martin Avenue located in?
The 2506 Martin Avenue is a located in the neighborhood of Shively in West Louisville, Louisville.
What is the average sales price for listings in 2506 Martin Avenue?
The average sales price for units in 2506 Martin Avenue is $0 currently.

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