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504 Wood Lake Drive

504 Wood Lake Drive, La Grange, KY 40031
Property in Oldham
Sold Mar 14, 2023
$465,000
$417,904 by Academy Bank, N.a.
Mortgage Due Apr 01, 2053
Sold Mar 14, 2023
$465,000
504 Wood Lake Drive has been categorized by the local assessors in La Grange, KY as a residential type of property. The building on the property was first built in 2008 and is 16 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 504 Wood Lake Drive has 1,955 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 12,754 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 611 sqft. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer 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, 504 Wood Lake Drive sold most recently in Mar 13, 2023 for a total of $465,000. If you work out the math, that's approximately a cost of $237.85 per sqft. Before that, the property was also sold for $465,000 in Jan 31, 2023. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $5,508 in taxes each year. 504 Wood Lake Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $440,000. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $400,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2008
  • Effective Year Built: 2008
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,955
  • Garage Type: Attached
  • Garage Square Area: 611
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,754
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,955
  • Gross Building Area: 510
  • Building Area: 1,955
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,955
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OLD ANITA SPRINGS
  • Land Acres: 0.293
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOUSE & .2928 AC LOT

Ownership

  • Current Owner : SOUZA THOMAS
  • Current Owner 2: SOUZA ERIN L
  • Previous Owner : CARTUS FINANCIAL CORPORATION
  • Owner Before Previous Owner: RANKIN EDWIN KEITH
  • Owner Before Previous Owner 2: RANKIN ALICIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Oldham County School District
  • Census Tract: 030301

Geography

  • Account Number: 62658
  • Parcel: 47-01F-00-79
  • Lot: 79
  • Municipality: LAGRANGE
  • Latitude: 38.4014
  • Longitude: -85.3913

    Address

  • Full Address: 504 Wood Lake Dr
  • Address - House Number: 504
  • Address - Street Name: Wood Lake
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: La Grange
  • Carrier Code: R009
  • 4-Digit Zip Code: 8713
  • Zip Code: 40031

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,508
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 77
  • Final Value: 491,050
  • High Value: 576,971
  • Low Value: 405,130

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,904
  • First Open Lien Mortgage Lender: ACADEMY BANK, N.A.
  • First Open Lien Mortgage Recording Date: Mar 14, 2023
  • First Open Lien Mortgage Loan Amount: $417,904
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Market Valuation

  • Market Total Value: $440,000
  • Market Land Value: $40,000
  • Market Improvement Value: $400,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $440,000
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $400,000

    Sales

  • Current Sale Contract Date: Mar 13, 2023
  • Current Sale Recording Date: Mar 14, 2023
  • Current Sale Transaction ID: 11903831929
  • Current Sale Price: $465,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 722900
  • Previous Sale Recording Date: Mar 14, 2023
  • Previous Sale Contract Date: Jan 31, 2023
  • Previous Sale Amount: $465,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY BANK, N.A.
  • First Mortgage Transaction Date: Mar 14, 2023
  • First Mortgage Loan Amount: $417,904
  • First Mortgage Loan Due Date: Apr 01, 2053

About La Grange



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 504 Wood Lake Drive located in?
The 504 Wood Lake Drive is a located in the neighborhood of Oldham in La Grange, La Grange.
What is the average sales price for listings in 504 Wood Lake Drive?
The average sales price for units in 504 Wood Lake Drive is $0 currently.

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