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504 Academy Ridge Place

504 Academy Ridge Place, Louisville, KY 40245
Property in East Louisville
Sold Oct 10, 2014
$275,000
$220,000 by First Community Mortgage Inc
Mortgage Due Nov 01, 2029
Sold Oct 05, 2005
$280,000
$224,000 by Mortgageit Inc
Mortgage Due Oct 01, 2035
Local assessors in Louisville, KY have categorized 504 Academy Ridge Place as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 10,014 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 504 Academy Ridge Place has a total of 2,823 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 1,972 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 attached garage for those who need a place to park their vehicle. The garage on the property is 484 sqft. There are 2 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 gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. 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, 504 Academy Ridge Place was last sold in Oct 9, 2014 for $275,000. According to our calculations, that's $97.41 per sqft. Prior to that sales transaction, the property was sold for $280,000 in Sep 30, 2005. Current property owners are expected to pay $4,136 in taxes per year. The property on 504 Academy Ridge Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $357,150. To break that down further, the land itself was valued at $60,000. While improvements to the property were assessed at a total of $297,150. 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. 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.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: 2002
  • Effective Year Built: 2002
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Covered
  • Basement Type: Finished improved basement
  • Basement Area: 1,972
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 10,014
  • Total Building Area: 2,823
  • Building Area: 2,823
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,823
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ACADEMY RIDGE AT LANDIS LAKES
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 46 ACADEMY RIDGE AT LANDIS LAKES SUBDIVISION (REVISED) SEC 1, PB.47, PG.52, 0.2299 AC +/-

Ownership

  • Current Owner : KODUMURI SRILATHA
  • Current Owner 2: KODUMURI RAGHAVULU
  • Previous Owner : CAUDILL CHRISTOPHER D
  • Previous Owner 2: CAUDILL RACHEL J
  • Owner Before Previous Owner: HUSS TODD E
  • Owner Before Previous Owner 2: HUSS SUZANNE D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 011605

Zoning

  • Zoning: R4-RESIDEN

Geography

  • Account Number: 01015424
  • District: 500020
  • Section: 1
  • Parcel: 22336600460000
  • Lot: 46
  • Municipality: MIDDLETOWN
  • Latitude: 38.2341
  • Longitude: -85.4977

    Address

  • Full Address: 504 Academy Ridge Pl
  • Address - House Number: 504
  • Address - Street Name: Academy Ridge
  • Address - Suffix Type: Pl
  • State: KY
  • City Name: Louisville
  • Carrier Code: R062
  • 4-Digit Zip Code: 3934
  • Zip Code: 40245

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,136
  • Tax Rate Code Area: 20

    Appraisal Valuation

  • Standard Deviation: 0.2097
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 453,058
  • High Value: 548,074
  • Low Value: 358,042

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $428,000
  • First Open Lien Mortgage Lender: FIRST COMMUNITY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Oct 10, 2014
  • First Open Lien Mortgage Loan Amount: $220,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2029
  • Second Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • Second Open Lien Mortgage Recording Date: Mar 10, 2016
  • Second Open Lien Mortgage Loan Amount: $208,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2031

    Market Valuation

  • Market Total Value: $357,150
  • Market Land Value: $60,000
  • Market Improvement Value: $297,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,150
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $297,150

    Sales

  • Current Sale Contract Date: Oct 09, 2014
  • Current Sale Recording Date: Oct 10, 2014
  • Current Sale Transaction ID: 1181208251
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: DN2014130679
  • Previous Sale Recording Date: Oct 05, 2005
  • Previous Sale Contract Date: Sep 30, 2005
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COMMUNITY MORTGAGE INC
  • First Mortgage Transaction Date: Oct 10, 2014
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2029

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGEIT INC
  • Previous Mortgage Transaction Date: Oct 05, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $224,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2035

About East Louisville



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Frequently Asked Questions

What neighborhood is 504 Academy Ridge Place located in?
The 504 Academy Ridge Place is a located in the neighborhood of East Louisville in East Louisville, Louisville.
What is the average sales price for listings in 504 Academy Ridge Place?
The average sales price for units in 504 Academy Ridge Place is $0 currently.

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