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2924 Cambridge Road

2924 Cambridge Road, Louisville, KY 40220
Property in Cambridge
Sold Mar 16, 2017
$197,000
$167,000 by Simmons Bank
Mortgage Due May 01, 2042
Sold Jul 07, 2016
$100,000
Local assessors in Louisville, KY have categorized 2924 Cambridge Road as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 10,123 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 750 ft. As for the restroom situation, there is one full bathroom. There are also 2 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 2924 Cambridge Road has a total of 1,204 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 1,204 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 308 sqft. 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 hip 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 central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Mar 10, 2017 for $197,000. That's $163.62 per sqft. Prior to that sales transaction, the property was also sold in Jul 6, 2016 for $100,000. 2924 Cambridge Road was last assessed in 2023. The total value of the property was assessed at $208,230. Specifically, the land the property is located on was valued at $38,000. While improvements on the property were assessed at a total of $170,230. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,432. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Type: Finished improved basement
  • Basement Area: 1,204
  • Garage Type: Detached
  • Garage Square Area: 308
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,123
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,204
  • Building Area: 1,204
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,204
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAMBRIDGE VILLAGE
  • Land Acres: 0.232
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 26 CAMBRIDGE VILLAGE PB 14 PG 32 0.2324 AC+-

Ownership

  • Current Owner : SORRELL JESSICA DAWN
  • Previous Owner : CODISPOTI PHILLIP A
  • Previous Owner 2: CODISPOTI AUDRY V
  • Owner Before Previous Owner: MCCRACKEN TROY SCOTT
  • Owner Before Previous Owner 2: MCCRACKEN ELISABETH J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 010800

Zoning

  • Zoning: R4-RESIDEN

Geography

  • Account Number: 00116168
  • District: 120001
  • Parcel: 22054300670000
  • Lot: 26
  • Municipality: JEFFERSON CO FIRE PROTECTION
  • Latitude: 38.2208
  • Longitude: -85.6156

    Address

  • Full Address: 2924 Cambridge Rd
  • Address - House Number: 2924
  • Address - Street Name: Cambridge
  • Address - Suffix Type: Rd
  • State: KY
  • City Name: Louisville
  • Carrier Code: C069
  • 4-Digit Zip Code: 1508
  • Zip Code: 40220

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,432
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 287,500
  • High Value: 348,093
  • Low Value: 226,907

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $167,000
  • First Open Lien Mortgage Lender: SIMMONS BANK
  • First Open Lien Mortgage Recording Date: May 04, 2022
  • First Open Lien Mortgage Loan Amount: $167,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2042

    Market Valuation

  • Market Total Value: $208,230
  • Market Land Value: $38,000
  • Market Improvement Value: $170,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,230
  • Assessed Land Value: $38,000
  • Assessed Improvements Value: $170,230

    Sales

  • Current Sale Contract Date: Mar 10, 2017
  • Current Sale Recording Date: Mar 16, 2017
  • Current Sale Transaction ID: 1806756353
  • Current Sale Price: $197,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017061768
  • Previous Sale Recording Date: Jul 07, 2016
  • Previous Sale Contract Date: Jul 06, 2016
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMONWEALTH BANK & TRUST CO
  • First Mortgage Transaction Date: Mar 16, 2017
  • First Mortgage Loan Amount: $182,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2047

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 2924 Cambridge Road located in?
The 2924 Cambridge Road is a located in the neighborhood of Cambridge in East Louisville, Louisville.
What is the average sales price for listings in 2924 Cambridge Road?
The average sales price for units in 2924 Cambridge Road is $0 currently.

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