4800 Blevins Gap Rd, Louisville, KY 40272 (MLS# 1584552)

$55,000

4800 Blevins Gap Rd
Louisville, KY 40272
MLS# 1584552
Status: Closed

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Property Description
7.7 Acres. See Lojic.org for additional information. Not in floodplain. R4 Zoning will cover a Modular Home

Details

Maps

None

Current Price: $55,000

Contract Info

Original List Price: 65000

Listing Date: 2021-01-01

Listing Price: 65000

List Price/Acre: 8441.56

Property Sub Type: Residential Land

HOA Y/N: No

HOA Fee: No

Location, Tax & Legal Info

Street #: 4800

Street: Blevins Gap

St Suffix: Rd

Area: 05-Auburndale/Fairdale/IroquoisPrk/Shively

Sub Area: B

County: Jefferson

State/Province: KY

Zip Code: 40272

Parcel ID: 112700040007

Deed Bk: 11131

Pg #: 0131

Subdivision/Condo: NONE

Block: 1127

Lot: 0004

Sub-Lot: 0007

Directions: Dixie OR Stonestreet to Blevins Gap Rd

Coop Comm: 2.5

Disclosure: Yes

Geo Lat: 38.066067

Geo Lon: -85.848089

General Property Description

Dedicated Road?: Y

Acres: 7.7

Zoning: Multi-family

Restrictions: No

Maint By: City

Flood Plain: No

Status Change Info

Status: Closed

Contract Acceptance Date: 2021-10-11

Sold Date: 2021-11-01

Sold Price: $55,000

Property Features

Lot Description: See Remarks

Lot Access: City Road

Utilities: Other

Listing Office: Home Link Realtor

Last Updated: June - 21 - 2022

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Mortgage Calculator Help

You can calculate the mortgage loan amount from the price of the real estate by providing the down payment percentage.

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Or if you know the price of the real estate and the loan amout and enter "0" for the down payment percentage, the calculator will calculate the down payment amount and percentage.

Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

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