NOT LISTED FOR SALE

3302 Overlook Ridge Rd Prospect, KY 40059

Estimated Value: $1,868,000 - $1,979,000

5 Beds
5.5 Baths
6,863 Sq Ft
$282/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $1,063,000 $155 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $11,159/month

44 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Home Gym
  • Goshen at Hillcrest Elementary School Rated A
  • Traditional Architecture
  • Porch

About This Home

As of October 2019

Situated on a breathtaking lot of Oldham County countryside, this incredible custom-built home offers a glamorous everyday getaway, featuring 3.3 manicured acres, iconic four-board fencing and resort inspired outdoor living spaces including freeform pool, second floor terrace and spacious patio with covered dining area, built-in grill and stone fireplace. Designed for entertaining, this picturesque home offers three levels of custom-designed finishes, desirable open floor plans and scenic views in every direction. Featuring sleek hardwood floors, arched doorways and oversized windows throughout, the first floor begins with a two-story foyer with French door entry before flowing effortlessly into the elegant formal dining room with custom wainscoting, crown molding and floor-to-ceiling window. A barrel vaulted hallway leads guests to the stunning gourmet eat-in kitchen with tray ceiling, marbled granite countertops, stainless steel appliances, dry bar with wine fridge and dark wood breakfast bar. The kitchen opens to the spacious hearth room with dining area, dramatic vaulted ceiling and gas fireplace. From the hearth room, guests arrive into the spacious great room of the home with coffered ceiling detail, stone fireplace centerpiece, built-in bookshelves, and scenic French door access to the covered terrace of the second floor. The master suite of the home encompasses an entire wing of the first floor, featuring master bedroom with vaulted tray ceiling and private terrace access, designer bathroom with unique tray ceiling and dual vanities, his-and-her master closets and dressing room area. The first floor is complete with a handsome paneled study, powder room, laundry room, oversize mud room with desk area and attached three-car garage. The second floor offers three incredible bedroom suites, each featuring walk-in closets and ensuite baths, as well as a fourth additional bedroom with attached bonus room and unique study area. The finished walk-out lower level is perfect for time with family and friends, featuring family room with gas fireplace and oversize windows, fully equipped wet bar with granite countertops and new stainless steel appliances, private wine & cigar room with tray ceiling, theatre room with eat-in bar, exercise room and full bath. (Please note the exercise room could be easily reconverted into a sixth bedroom suite for the home.) Within the award winning North Oldham school district and just minutes from Prospect, this exceptional estate home is not to be missed.

Last Agent to Sell the Property

Jon Mand

Lenihan Sotheby's Int'l Realty License #212298 Listed on: 07/10/2019

Last Buyer's Agent

Karen Wallace

RE/MAX Properties East License #219650

RE/MAX Properties East

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • Property is Fully Fenced

Parking

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

Home Design

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

Interior Spaces

  • 2-Story Property
  • Home Gym
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • In Ground Pool
  • 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
  • Overlook On Covered Bridge Subdivision

Listing and Financial Details

  • Legal Lot and Block 29 / Bridge
  • Assessor Parcel Number 10-13G-00-29
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

0

Parking

3

Listing Details

  • Cooling System: Central Air
  • Stories: 2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: Yes
  • ResoPoolFeatures: In Ground
  • Subdivision Name: OVERLOOK ON COVERED BRIDGE
  • Above Grade Finished Sq Ft: 5200.0
  • Architectural Style: Traditional
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Dining Room Level: First
  • Full Bathroom Level: Second
  • Half Bathroom Level: First
  • Primary Bathroom Level: First
  • Primary Bedroom Level: First
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Rooms Exercise Room2: Yes
  • Pool Features In Ground: Yes
  • Architectural Style Traditional: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Walkout Finished
  • Bedroom Level: Second
  • Exercise Room Level: Basement
  • Family Room Level: Basement
  • Foyer Level: First
  • Great Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Media Room Level: Basement
  • Office Level: First
  • Other Level: Basement
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1663.0
  • ResoLivingAreaSource: Other
  • Other Rooms:Family Room2: Yes
  • BasementFoundation:Poured Concrete: Yes
  • Other Rooms:Office: Yes
  • Other Rooms:Foyer: Yes

Exterior Features

  • Fencing: Split Rail, Full
  • Roof: Shingle
  • Acres: 3.3
  • Construction Type: Brick Veneer, Stone
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Deck, Patio, Porch
  • Exterior Features:Fencing - Full: Yes
  • Construction:Stone3: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio and Porch Features:Porch2: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Entry Side
  • 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 Fee: 605.0
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 143748.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 10-13G-00-29
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 2013

Tax Info

  • Tax Block: Bridge
  • Tax Lot: 29

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2019
Closed on
Oct 11, 2019
Sold by
Smith James E T and Haman Smith Danielle
Bought by
Wallace James R and Wallace Karen L
Seller's Agent
Jon Mand
Lenihan Sotheby's Int'l Realty
Buyer's Agent
Karen Wallace
RE/MAX Properties East
List Price
$1,195,000
Sold Price
$1,063,000
Premium/Discount to List
-$132,000
-11.05%
Current Estimated Value
$1,936,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$873,648
Avg. Annual Appreciation
10.09%
Original Mortgage
$903,550
Outstanding Balance
$784,605
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$1,152,043

Purchase Details

Listed on
Oct 4, 2017
Closed on
Dec 1, 2017
Sold by
Smith James S and Smith Jennifer A
Bought by
Smith James E T and Smith Danielle Haman
Seller's Agent
Pamela Schiller
Kentucky Select Properties
Buyer's Agent
Jon Mand
Lenihan Sotheby's Int'l Realty
List Price
$995,000
Sold Price
$985,000
Premium/Discount to List
-$10,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$788,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2011
Sold by
Krebs David and Krebs Carol
Bought by
Smith James S and Smith Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,125
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Wallace James R $1,063,000 None Available
Smith James E T $985,000 Limstone Title & Escrow Llc
Smith James S $157,500 Mattingly Ford Title Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace James R $903,550
Previous Owner Smith James E T $788,000
Previous Owner Smith James S $118,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2019 10/11/19 Sold $1,063,000 -11.0% $155 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $1,195,000 +21.3% $174 / Sq Ft
12/01/2017 12/01/17 Sold $985,000 -1.0% $144 / Sq Ft View Prior Sale
10/10/2017 10/10/17 Pending -- -- --
10/04/2017 10/04/17 For Sale $995,000 -- $145 / Sq Ft
Source: Metro Search, Inc.

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
2025 $13,584 $1,100,000 $170,000 $930,000
2023 $13,235 $1,063,000 $157,500 $905,500
2022 $13,173 $1,063,000 $157,500 $905,500
2021 $13,056 $1,063,000 $157,500 $905,500
2020 $13,087 $1,063,000 $157,500 $905,500
2019 $11,996 $985,000 $157,500 $827,500
2018 $12,001 $985,000 $0 $0
2017 $10,560 $872,500 $0 $0
2013 $1,905 $872,500 $157,500 $715,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search, Inc.

MLS Number: 1537171

Metro Search, Inc.

APN: 10-13G-00-29