NOT LISTED FOR SALE

7022 Village Gate Trace Louisville, KY 40291

Estimated Value: $323,000 - $336,000

3 Beds
2 Baths
2,696 Sq Ft
$121/Sq Ft Est. Value

Last Sold May 14, 2014

Last sale price $171,000 $63 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,994/month

31 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Central Air
  • Traditional Architecture
  • 2 Car Attached Garage
  • Privacy Fence

About This Home

As of May 2014

Gorgeous! 3 Bedroom, 2 full Bath Brick home! Updated throughout! Huge Living Room with vaulted ceilings, and beautiful fireplace. The modern kitchen features beautiful wood cabinets and breakfast bar. Features an eye-catching tray ceiling in dining room. Boasting a magnificent master suite with vaulted ceilings, spacious master bathroom with Jack & Jill sinks, glass shower enclosure, whirlpool tub, and walk-in closet. Huge 2nd floor loft. 1st floor laundry room. Offering a partially finished basement. Conveniently located near expressways, dining, shopping & entertainment. This home is absolutely stunning, and ready for you to call home today! This property is INSURED WITH ESCROW ($300), and is eligible for STANDARD FHA and/or FHA RENOVATION FINANCING. There is a Combo Lock Box on this property. This is a HUD owned home and is being sold "As Is" - Seller will make no repairs. Please note utilities are off at this property – bring a flashlight. Equal Housing Opportunity Case #201-497002.

Last Agent to Sell the Property

Santosh Bhatt

Greater Louisville Homes, LLC License #193077 Listed on: 04/05/2014

Last Buyer's Agent

Rick Nix

RE/MAX Properties East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,534

Year Built

  • Built in 2003

Lot Details

  • Privacy Fence
  • Wood Fence

Parking

  • 2 Car Attached Garage
  • Side or Rear Entrance to Parking

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Village Of Farmgate Subdivision

Listing and Financial Details

  • Legal Lot and Block 26 / 3258

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,534

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Cooling System: Central Air
  • Stories: 2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: Yes
  • Subdivision Name: VILLAGE OF FARMGATE
  • Above Grade Finished Sq Ft: 1765.0
  • Architectural Style: Traditional
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electricity Connected: Yes
  • Dining Room Level: First
  • Full Bathroom Level: First
  • Rooms:Living Room5: Yes
  • Primary Bathroom Level: Second
  • Primary Bedroom Level: Second
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Fencing Wood4: Yes
  • Fencing Privacy: Yes
  • Architectural Style Traditional: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished
  • Fireplaces Level 1: 1
  • Bedroom Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Other Level: Second
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 931.0
  • Fireplaces: 1
  • Total Bedrooms: 10
  • ResoLivingAreaSource: Appraiser
  • BasementFoundation:Poured Concrete: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Fencing: Privacy, Wood
  • Roof: Shingle
  • Acres: 0.17
  • Construction Type: Vinyl Siding, Brick Veneer
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Entry Side
  • General Property Description:Garage Spaces: 2
  • GarageParking:Attached: Yes

Utilities

  • Utilities: Electricity Connected, Fuel:Natural
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Jefferson

Lot Info

  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 2003

Tax Info

  • Tax Block: 3258
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2014
Closed on
May 14, 2014
Sold by
The Secretary Of Hud
Bought by
Bale Craig Anthony
Seller's Agent
Santosh Bhatt
Greater Louisville Homes, LLC
Buyer's Agent
Rick Nix
RE/MAX Properties East
List Price
$174,000
Sold Price
$171,000
Premium/Discount to List
-$3,000
-1.72%
Current Estimated Value
$327,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,217
Avg. Annual Appreciation
5.72%
Original Mortgage
$165,870
Outstanding Balance
$128,735
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$191,763

Purchase Details

Closed on
Dec 30, 2013
Sold by
Rudd James C
Bought by
Secretary Of Hud

Purchase Details

Closed on
Nov 22, 2011
Sold by
Kuerzi Kevin and Kuerzi Roseann
Bought by
Rudd James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,070
Interest Rate
4.17%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 2006
Sold by
Howard Thomas Wendy and Howard Thomas
Bought by
Kuerzi Kevin and Kuerzi Roseann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,910
Interest Rate
6.22%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bale Craig Anthony -- Agency Title Inc
Secretary Of Hud $125,000 None Available
Rudd James C $155,000 None Available
Kuerzi Kevin $189,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bale Craig Anthony $165,870
Previous Owner Rudd James C $151,070
Previous Owner Kuerzi Kevin $170,910
Previous Owner Kuerzi Kevin $18,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2014 05/14/14 Sold $171,000 -1.7% $63 / Sq Ft
04/08/2014 04/08/14 Pending -- -- --
03/08/2014 03/08/14 For Sale $174,000 -- $65 / Sq Ft
Source: Metro Search (Greater Louisville Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,534 $221,310 $32,500 $188,810
2023 $2,607 $221,310 $32,500 $188,810
2022 $2,616 $198,340 $37,000 $161,340
2021 $2,509 $198,340 $37,000 $161,340
2020 $2,334 $198,340 $37,000 $161,340
2019 $2,150 $198,340 $37,000 $161,340
2018 $2,123 $198,340 $37,000 $161,340
2017 $2,082 $198,340 $37,000 $161,340
2013 -- $155,000 $32,000 $123,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search (Greater Louisville Association of REALTORS®)

MLS Number: 1383378

Metro Search (Greater Louisville Association of REALTORS®)

APN: 325800260000