$1,980,000
SOLD JUN 11, 2024

14458 River Glades Dr Prospect, KY 40059

2.15 Acres
$920,930 Price per Acre
93,654 Sq Ft Lot

Recently Sold

541% Above List Price

84 Days on Market

About This Lot

As of June 2024

Lot #3 features 2.15+/- acres in the exclusive gated community of River Glades located off Rose Island Road in Prospect. This estate lot has partial cleared land as well as wooded area for privacy. Underground utilities include city water, natural gas and electric. See documents for plat map and building restrictions.

Last Agent to Sell the Property

Caron Osborn

Kentucky Select Properties License #206037 Listed on: 12/14/2023

Last Buyer's Agent

Janet O'Bryant

Karem Realty Group, Inc. License #210284

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,828

Utilities

  • Septic System

Community Details

  • Property has a Home Owners Association
  • River Glades Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 0202j00
  • Assessor Parcel Number 0202J003
  • Seller Concessions Not Offered

Property Details

Property Type

Land

Est. Annual Taxes

$2,828

Lot Details

0

Listing Details

  • Lot Dimensions: 0
  • Property Sub Type: Residential Land
  • Property Type: Land/Lots
  • Subdivision Name: RIVER GLADES
  • Utilities Electricity Connected: Yes
  • Lot Description:Wooded: Yes
  • Special Features: None

Exterior Features

  • Acres: 2.15

Utilities

  • Utilities: Electricity Connected, Gas: Natural, Public Water, Septic System

Condo/Co-op/Association

  • Association Fee: 3325.0
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 93654.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0202J003
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 0202j00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2024
Sold by
Andrew Simmons Family Business Trust and Simmons Andrew
Bought by
Simmons Andrew and Simmons Danette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.75%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 14, 2023
Closed on
Aug 5, 2024
Sold by
River Glades Llc
Bought by
Andrew Simmons Family Business Trust and Simmons
Seller's Agent
Caron Osborn
Kentucky Select Properties
Buyer's Agent
Janet O'Bryant
Karem Realty Group, Inc.
List Price
$309,000
Sold Price
$1,980,000
Premium/Discount to List
$1,671,000
540.78%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.93%
Original Mortgage
$2,000,000
Interest Rate
6.75%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed $298,500 Bluegrass Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Price Changed $3,395,000 +7.8% $398 / Sq Ft
01/07/2025 01/07/25 Price Changed $3,150,000 +5.2% $370 / Sq Ft
09/27/2024 09/27/24 For Sale $2,995,000 0.0% $352 / Sq Ft
09/10/2024 09/10/24 Off Market $2,995,000 -- --
08/22/2024 08/22/24 For Sale $2,995,000 +51.3% $352 / Sq Ft
06/11/2024 06/11/24 Sold $1,980,000 +540.8% --
03/07/2024 03/07/24 Pending -- -- --
12/14/2023 12/14/23 For Sale $309,000 -- --
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 $2,828 $230,000 $230,000 $0
2023 $2,841 $230,000 $230,000 $0
2022 $2,831 $230,000 $230,000 $0
2021 $2,813 $230,000 $230,000 $0
2020 $2,656 $216,600 $216,600 $0
2019 $2,630 $216,600 $216,600 $0
2018 $2,631 $216,600 $0 $0
2017 $2,613 $216,600 $0 $0
2013 $3,295 $216,600 $216,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1651356

Metro Search (Greater Louisville Association of REALTORS®)

APN: 02-02J-00-3