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7407 Colt Drive

7407 Colt Drive, Louisville, KY 40214
Property in West Louisville
Sold Mar 29, 2012
$139,900
$136,353 by Century Lending Co
Mortgage Due Apr 01, 2042
Sold Feb 26, 2008
$118,000
Hud
Seller
$94,400 by Pbi Bank Inc
Mortgage Due Feb 22, 2009
7407 Colt Drive in Louisville, KY was first built in 1975 and is 49 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7407 Colt Drive has 1,350 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,350 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 10,128 square feet.

Learn more about the property and building on this page. There is a patio. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 540 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 7407 Colt Drive sold most recently in Mar 28, 2012 for a total of $139,900. If you work out the math, that's approximately a cost of $103.63 per sqft. Before that, the property was also sold for $118,000 in Feb 22, 2008. 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 $2,171 in taxes each year. 7407 Colt Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $181,250. If we break it down further, the land itself was valued at $32,980. Improvements to the property, however, were assessed at a total of $148,270. 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: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Covered
  • Basement Type: Finished improved basement
  • Basement Area: 1,350
  • Garage Type: Attached
  • Garage Square Area: 540
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 10,128
  • Total Building Area: 1,350
  • Building Area: 1,350
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,350
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST ESTATES
  • Land Acres: 0.233
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 2 FOREST ESTATES PB 24 PG 82 0.2325 AC

Ownership

  • Current Owner : HENDERSON ADAM S
  • Previous Owner : MAIER MICHAEL G
  • Previous Owner 2: WILLETT DANA
  • Owner Before Previous Owner: HUD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 012204

Zoning

  • Zoning: R4-RESIDEN

Geography

  • Account Number: 00216106
  • District: 500009
  • Parcel: 24138900020000
  • Lot: 2
  • Municipality: PLEASURE RIDGE PARK
  • Latitude: 38.1489
  • Longitude: -85.8071

    Address

  • Full Address: 7407 Colt Dr
  • Address - House Number: 7407
  • Address - Street Name: Colt
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Louisville
  • Carrier Code: C052
  • 4-Digit Zip Code: 4059
  • Zip Code: 40214

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,171
  • Tax Rate Code Area: 09

    Appraisal Valuation

  • Standard Deviation: 0.1779
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 256,055
  • High Value: 301,633
  • Low Value: 210,478

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $136,353
  • First Open Lien Mortgage Lender: CENTURY LENDING CO
  • First Open Lien Mortgage Recording Date: Mar 29, 2012
  • First Open Lien Mortgage Loan Amount: $136,353
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2042

    Market Valuation

  • Market Total Value: $181,250
  • Market Land Value: $32,980
  • Market Improvement Value: $148,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $181,250
  • Assessed Land Value: $32,980
  • Assessed Improvements Value: $148,270

    Sales

  • Current Sale Contract Date: Mar 28, 2012
  • Current Sale Recording Date: Mar 29, 2012
  • Current Sale Transaction ID: 1097379411
  • Current Sale Price: $139,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: DN2012045470
  • Previous Sale Recording Date: Feb 26, 2008
  • Previous Sale Contract Date: Feb 22, 2008
  • Previous Sale Amount: $118,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: CENTURY LENDING CO
  • First Mortgage Transaction Date: Mar 29, 2012
  • First Mortgage Loan Amount: $136,353
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: PBI BANK INC
  • Previous Mortgage Transaction Date: Feb 26, 2008
  • Previous Mortgage Loan Amount: $94,400
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Feb 22, 2009

About West Louisville



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Frequently Asked Questions

What neighborhood is 7407 Colt Drive located in?
The 7407 Colt Drive is a located in the neighborhood of West Louisville in West Louisville, Louisville.
What is the average sales price for listings in 7407 Colt Drive?
The average sales price for units in 7407 Colt Drive is $0 currently.

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