NOT LISTED FOR SALE

388 Chesterfield Way Simpsonville, KY 40067

Estimated Value: $1,007,000 - $1,264,165

4 Beds
4.5 Baths
5,721 Sq Ft
$204/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $700,000 $122 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,772/month

48 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Patio
  • Deck
  • Porch
  • Central Air

About This Home

As of June 2020

Gorgeous country estate surrounded by horse farms on a private, secluded road with only 3 distant neighbors in beautiful Simpsonville. This home sits on 13.85 acres with 4 board fencing and a fully stocked lake. The interior is undergoing renovation and is a renovators dream. This home is ready for you to add your own design. There is a total of 5,721 sq ft of living area with approx 2860 sq ft that are livable now. In addition a basement with 1450 sq ft. Grand total of 7171 sq feet! There are 2 MASTERS on the first floor, 2 bedrooms & 2 full baths on second floor. Gorgeous Great Room with vaulted ceilings, stone fireplace and beautiful views of pool and pastures. Features 3 large fireplaces! Main entrance was constructed around an original cabin that was on the property dating back to 1794. The HVAC/furnace system is new and the inground pool has been resurfaced with new gunite and a new salt water system. Price per sq ft is considerably below market value for this area.This is a once in a lifetime property in a coveted area of Shelby County but still just minutes from Louisville. Call for appointment to see this secluded classic Kentucky beauty.

Last Agent to Sell the Property

Jennifer Roberts

Torrey Smith Realty Co., LLC Brokerage Phone: 502-633-0220 License #220987 Listed on: 03/22/2020

Torrey Smith Realty Co., LLC

Last Buyer's Agent

Nellie Grin

Realty Advanced License #241286

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,990

Lot Details

  • Wood Fence

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 5,721 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Propane
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,990

Lot Details

0

Parking

2

Listing Details

  • Cooling System: Central Air
  • Stories: 2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Attribution Contact: 502-633-0220
  • Garage Yn: Yes
  • ResoPoolFeatures: In Ground
  • Co List Office Phone: 502-633-0220
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 5721.0
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Dining Room Level: First
  • Full Bathroom Level: First
  • Half Bathroom Level: First
  • Primary Bathroom Level: First
  • Primary Bedroom Level: First
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Fencing Wood4: Yes
  • Pool Features In Ground: Yes
  • Lot Description:Pond: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Unfinished
  • Bedroom Level: Second
  • Great Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Other
  • Basement:Unfinished: Yes

Exterior Features

  • Fencing: Wood
  • Roof: Shingle
  • Acres: 13.85
  • Construction Type: Wood Frame
  • Patio And Porch Features: Deck, Patio, Porch
  • Construction:Frame - Wood2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio and Porch Features:Porch2: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected
  • Cooling Y N: Yes
  • Heating: Natural Gas, Propane
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Propane5: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Shelby

Lot Info

  • Lot Size Sq Ft: 603306.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2020
Closed on
Jun 19, 2020
Sold by
Wenmar Properties Llc
Bought by
Broadus Christopher Lloyd and Broadus B
Seller's Agent
Jennifer Roberts
Torrey Smith Realty Co., LLC
Buyer's Agent
Nellie Grin
Realty Advanced
List Price
$849,900
Sold Price
$700,000
Premium/Discount to List
-$149,900
-17.64%
Current Estimated Value
$1,166,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,722
Avg. Annual Appreciation
10.00%
Original Mortgage
$484,000
Outstanding Balance
$429,029
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$737,693

Purchase Details

Closed on
Jun 7, 2019
Sold by
Smith Daniel M and Smith Karen
Bought by
Wenmar Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,376
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 29, 2009
Sold by
Leffler Jennifer and Smith Jennifer
Bought by
Smith Daniel M
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 Buyer Sale Price Title Company
Broadus Christopher Lloyd $700,000 None Available
Wenmar Properties Llc $450,000 None Available
Smith Daniel M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broadus Christopher Lloyd $484,000
Previous Owner Wenmar Properties Llc $357,376
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2020 06/19/20 Sold $700,000 -10.8% $122 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
04/24/2020 04/24/20 Price Changed $785,000 -7.6% $137 / Sq Ft
03/17/2020 03/17/20 For Sale $849,900 -- $149 / 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
2024 $7,990 $700,000 $0 $0
2023 $8,102 $700,000 $0 $0
2022 $8,137 $700,000 $0 $0
2021 $8,347 $700,000 $0 $0
2020 $5,398 $450,000 $0 $0
2019 $5,443 $450,000 $145,000 $305,000
2018 $5,404 $453,850 $13,850 $440,000
2017 $5,414 $453,850 $0 $0
2016 $5,368 $453,850 $0 $0
2015 $5,293 $453,850 $13,850 $440,000
2014 $5,293 $453,850 $13,850 $440,000
2013 $5,293 $453,850 $13,850 $440,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search, Inc.

MLS Number: 1555808

Metro Search, Inc.

APN: 014-00-025G