NOT LISTED FOR SALE

1018 Majestic Oaks Way Simpsonville, KY 40067

Estimated Value: $1,119,000 - $1,581,000

6 Beds
6 Baths
6,075 Sq Ft
$216/Sq Ft Est. Value

Last Sold June 19, 2014

Last sale price $530,000 $87 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $7,721/month

222 Days on Market

Highlights

  • Deck
  • Porch
  • Patio
  • 2 Fireplaces
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2014

Exquisite custom-built, finished walkout, nestled on 5+ acres of rolling hills surrounded by 4-board horse fencing. Located within the elite, gated equestrian community of Majestic Oaks in Simpsonville ''World Saddlebred Capital''. Magnificent & Breathtaking Views - you must see the huge photo assortment of the picturesque setting of the property and home for yourself. Just off I64 and only a 20 minutes to Louisville and a short drive to Frankfort/Lexington. Simpsonville is the site of the long awaited, close to 400,000 square foot outlet shopping center! This stunning, 1.5 story executive home has a contemporary flair and features 6 bedrooms with 4 full and 2 half bathrooms (direct bathroom access for 4 of the 6 bedrooms!). New roof Fall 2013. Two-story vaulted marbled foyer opens a banquet-style dining room adorned with rich hardwood, trey ceiling and recessed lighting and a formal living room, and more beautiful hardwood, a gas fireplace and custom fluted moldings. An abundance of natural light throughout! Wake up in your luxurious first floor master suite which overlooks your horses grazing in the pasture next to the one acre pond. The sprawling bedroom is (approximately) 25? x 12' and has a walk-in closet and master bathroom with roman columns, Jacuzzi whirlpool tub and separate walk-in shower. There is a Large 2nd Bedroom on first level. Bright and open Hearth Room/Family Room has ?wall of windows? for more magnificent views with access to the huge deck and wet bar area for entertaining, another gas fireplace with custom-crafted marble surround. Spacious Eat-In Kitchen has Corian countertops, center island, breakfast nook/eat-in area which has another access point to the huge deck which is the full length of the house! The 1st Floor Laundry is tiled with lots of cabinets and wash sink. On the upper level you will find 4 nicely sized bedrooms - one has a Balcony with overlook of the pasture, creek/waterfall/lake and one Bedroom has a ''Secret-Hidden Bookcase Access''. The 2 full bathrooms (one of them a jack and jill) are tiled. The Cat-Walk/Loft Area overlooks the 2-story family room and foyer. The Finished Walkout Basement with French doors (handicap accessible) has 2 separate Family/Recreation Rooms - one of them has yet another gas fireplace, and a finished bathroom, small office/study, plus room left for storage. Brand new roof in October 2013! The Seller is offering a one year Home Warranty and transferable Terminex Warranty. 2-stall horse barn has tack room, hay loft, large electric water heater, is plumbed below the freeze line for year round water and is walkout style into the pasture. Two pastures are connected with cut through, gated to allow for pasture rest if desired. Backyard waterfall with rock bed stream and pond stocked with bass, crappie, bluegill and koi. Beautiful yard with extensive landscaping include perennials and flowering trees for year round color, a rock fire pit, mature pear and apple trees which produce many pounds of fruit for pies, wine making and jams. 3 different heating and cooling zones; all 3 air conditioners were recently updated (ask to see a copy of the utility bill averages!). Recently painted and re-carpeted. Back of home is surrounded by a 30 foot riding trail so you can literally saddle up and go! Neighborhood has 4 miles of connecting horse trails throughout the neighborhood and there is little need for roadway crossing. The land behind the property is currently zoned for agriculture and there is little chance of later development ? this will protect your private view! We challenge you to find a prettier setting and a lower $ per square foot home in the area! Additional Documents Upon Request - HOA Docs, Utility Averages Sheet, Copy of 1 Year Home Warranty and Terminex Warranty, Floor Plan, Majestic Oaks Info Sheet and over 130 photos (MLS limits us to 35 photos).

Last Agent to Sell the Property

Debbie Hovious

RE/MAX Properties East Brokerage Phone: 502-314-6593 License #270226 Listed on: 09/24/2013

RE/MAX Properties East

Co-Listed By

Rod Richardson

RE/MAX Properties East Brokerage Phone: 502-314-6593 License #205243

Last Buyer's Agent

Bobby Harding

Keller Williams Louisville East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,840

Year Built

  • Built in 2000

Lot Details

  • 5

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • Majestic Oaks Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / SEC1
  • Assessor Parcel Number SEC1-0013-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,840

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Cooling System: Central Air
  • Stories: 2
  • Lot Dimensions: 0
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Attribution Contact: 502-314-6593
  • Garage Yn: Yes
  • Co List Office Mls Id: 743
  • Co List Office Phone: 502-425-6000
  • Subdivision Name: MAJESTIC OAKS
  • Above Grade Finished Sq Ft: 4244.0
  • Architectural Style: Open Plan
  • Reso Other Structures: Outbuilding
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electricity Connected: Yes
  • Dining Room Level: First
  • Full Bathroom Level: Second
  • Half Bathroom Level: First
  • Rooms:Living Room5: Yes
  • Primary Bathroom Level: First
  • Primary Bedroom Level: First
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Lot Description:Pond: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Walkout Finished
  • Fireplaces Basement: 1
  • Fireplaces Level 1: 1
  • Bedroom Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Other Level: Basement
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1831.0
  • Fireplaces: 2
  • Total Bedrooms: 19
  • ResoLivingAreaSource: Appraiser
  • Other Rooms:Family Room2: Yes
  • BasementFoundation:Poured Concrete: Yes

Exterior Features

  • Fencing: None
  • Roof: Shingle
  • Acres: 5.13
  • Construction Type: Other
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Deck, Patio, Porch
  • Patio And Porch Features:Deck2: Yes
  • Patio and Porch Features:Porch2: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Schools

  • Junior High Dist: Shelby

Lot Info

  • Lot Size Sq Ft: 223463.0
  • ResoLotSizeUnits: Acres
  • Parcel #: SEC1-0013-0000
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 2000

Tax Info

  • Tax Block: SEC1
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2013
Closed on
Jun 19, 2014
Sold by
Krueger Kristine Joy
Bought by
Wilson John and Wilson Lindsey
Seller's Agent
Debbie Hovious
RE/MAX Properties East
Buyer's Agent
Bobby Harding
Keller Williams Louisville East
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%
Current Estimated Value
$1,281,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$751,726
Avg. Annual Appreciation
7.91%
Original Mortgage
$530,000
Interest Rate
4.19%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Wilson John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson John $575,000
Closed Wilson John $530,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2014 06/19/14 Sold $530,000 -3.6% $87 / Sq Ft
05/04/2014 05/04/14 Pending -- -- --
09/24/2013 09/24/13 For Sale $550,000 -- $91 / 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 $8,840 $775,000 $0 $0
2023 $8,964 $775,000 $0 $0
2022 $6,172 $530,000 $0 $0
2021 $6,331 $530,000 $0 $0
2020 $6,349 $530,000 $0 $0
2019 $6,349 $530,000 $87,000 $443,000
2018 $6,311 $530,000 $87,000 $443,000
2017 $6,322 $530,000 $0 $0
2016 $6,269 $530,000 $0 $0
2015 $6,916 $530,000 $87,000 $443,000
2014 $6,916 $593,000 $87,000 $506,000
2013 $6,916 $593,000 $87,000 $506,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1372305

Metro Search (Greater Louisville Association of REALTORS®)

APN: 010-00-036M