4315 Cane Run Road

4315 Cane Run Road has been categorized by the local assessors in Louisville, KY as a commercial type of property. The building on the property was first built in 1998 and is 26 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4315 Cane Run Road has 11,092 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 9,950 ft and across the front of the lot is 73,780 ft. The area measurement of the land has been determined as 55,757 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. We know that this is 5 code building. This code stands for "specialized buildings that do not fit in any of the other categories.". Moving on to the building itself. The condition of the building has been evaluated as average. 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 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, 4315 Cane Run Road sold most recently in May 9, 2022 for a total of $800,000. If you work out the math, that's approximately a cost of $72.12 per sqft. Before that, the property was also sold for $1,048,000 in Oct 26, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $9,584 in taxes each year. 4315 Cane Run Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $800,000. If we break it down further, the land itself was valued at $365,390. Improvements to the property, however, were assessed at a total of $434,610. 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.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.