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5407 Revere Drive

5407 Revere Drive, Louisville, KY 40218
Property in Newburg
Sold Feb 06, 2006
$85,000
Local assessors in Louisville, KY have categorized 5407 Revere Drive as a residential type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 7,305 square feet. 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 5407 Revere Drive has a total of 993 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 676 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 - D+. 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. 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. 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, 5407 Revere Drive sold most recently in Feb 3, 2006 for a total of $85,000. If you work out the math, that's approximately a cost of $85.60 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,178 in taxes each year. 5407 Revere Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $100,840. If we break it down further, the land itself was valued at $15,000. Improvements to the property, however, were assessed at a total of $85,840. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 676
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,305
  • Total Building Area: 993
  • Building Area: 993
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 993
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKVIEW ESTATES
  • Land Acres: 0.168
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: PARKVIEW ESTATES SEC 7A

Ownership

  • Current Owner : THOMPSON HERMAN L
  • Current Owner 2: THOMPSON DIONNA S
  • Previous Owner : SMITH EMMA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 011302

Zoning

  • Zoning: R5-RESIDEN

Geography

  • Account Number: 00196239
  • District: 500006
  • Section: 7A
  • Parcel: 23099302460000
  • Municipality: OKOLONA
  • Latitude: 38.1696
  • Longitude: -85.6636

    Address

  • Full Address: 5407 Revere Dr
  • Address - House Number: 5407
  • Address - Street Name: Revere
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Louisville
  • Carrier Code: C050
  • 4-Digit Zip Code: 4325
  • Zip Code: 40218

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,178
  • Tax Rate Code Area: 06

    Appraisal Valuation

  • Standard Deviation: 0.2473
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 157,261
  • High Value: 196,162
  • Low Value: 118,360

    Market Valuation

  • Market Total Value: $100,840
  • Market Land Value: $15,000
  • Market Improvement Value: $85,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,840
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $85,840

    Sales

  • Current Sale Contract Date: Feb 03, 2006
  • Current Sale Recording Date: Feb 06, 2006
  • Current Sale Transaction ID: 1081433187
  • Current Sale Price: $85,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: DN2006018717

    Last Sale Mortgage

  • First Mortgage Lender: NATIONAL CITY MORTGAGE
  • First Mortgage Transaction Date: Feb 06, 2006
  • First Mortgage Loan Amount: $68,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Feb 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About South Side



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Frequently Asked Questions

What neighborhood is 5407 Revere Drive located in?
The 5407 Revere Drive is a located in the neighborhood of Newburg in South Side, Louisville.
What is the average sales price for listings in 5407 Revere Drive?
The average sales price for units in 5407 Revere Drive is $0 currently.

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