4953 Spring Farm Rd Prospect, KY 40059
Estimated Value: $1,224,000 - $2,135,327
5
Beds
8
Baths
6,435
Sq Ft
$250/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- 1 Fireplace
- Porch
- Norton Elementary School Rated A-
- Home Gym
- 3 Car Attached Garage
About This Home
As of July 2019Located in desirable Spring Farm Lake and conveniently situated off Wolf Pen Branch Road, this stunning stone and brick two story has been custom designed by local luxury builder, Stonecroft Homes, and features year-after-year improvements tailored to create an oasis unlike any other. From an incredible backyard retreat featuring oversized columned patio and heated saltwater pool to a spacious lower level with nearly 2,000 sq. feet of additional living space including eat-in wet bar, theatre room and guest suite, this beautiful executive home is perfect for entertaining and enjoying time with friends and family. Through a unique stone columned front porch with gorgeous French door entry, guests arrive into the inviting first floor of the home, featuring sleek hardwood floors, exceptional 12' ceilings with designer finishes and elegant molding and trim work throughout. The first floor immediately opens into the formal dining room with large arched window, coffered ceiling, regal wainscoting and convenient butler's pantry. The open floor plan of the first floor invites guests further into the windowed great room of the home, featuring two-tone coffered ceiling, built-ins and large casing, before folding into the beautiful eat-in kitchen. With floor-to-ceiling cabinetry, GE Profile stainless steel appliances, large eat-in island, convenient Hoshizaki ice maker, designer light fixtures, herringbone backsplash, walk-in pantry and breakfast room, this kitchen is made for the gourmet. Off the spacious kitchen sits a cozy hearth room offering gas fireplace with herringbone surround, coffered ceiling and unique office space with desk built-ins. The first floor continues with an incredible master suite featuring master bedroom with soaring vaulted tray ceiling and bright windows overlooking the scenic backyard as well as designer bathroom with dual vanities, marbled backsplash and tiling, soaking tub, spacious walk-in closet, personal laundry room and half bath with private access to the covered porch. The first floor is complete with two additional half baths, large mudroom and attached 3-car garage. The second floor features three sizeable bedroom suites, each offering walk-in closets and en-suites baths, as well as an additional floor laundry room for ultimate convenience. The fully finished lower level offers a spacious family room, billiards area, eat-in wet bar with stainless steel appliances and walk-in storage for wine and liquor, theatre room with brick arched entry, exercise room, large bedroom, full bath and plenty of room for additional storage. The home's incredible outdoor retreat offers an everyday getaway, featuring columned cover patio with outdoor living room, dining area and grilling station with convenient gas line, as well as an additional entertaining patio with professional landscaping, built-in gas firepit, and heated saltwater pool with tanning ledges and custom misting system. This one-of-a-kind home is not to be missed!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,017
Year Built
- Built in 2015
Lot Details
- Property is Fully Fenced
Parking
- 3 Car Attached Garage
- Side or Rear Entrance to Parking
- Driveway
Home Design
- Traditional Architecture
- Poured Concrete
- Shingle Roof
- Stone Siding
Interior Spaces
- 2-Story Property
- 1 Fireplace
- Home Gym
- Basement
Bedrooms and Bathrooms
- 5 Bedrooms
Outdoor Features
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- Property has a Home Owners Association
- Spring Farm Lake Subdivision
Listing and Financial Details
- Legal Lot and Block 0101 / 3649
- Assessor Parcel Number 364901010000
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2019
Closed on
Jul 8, 2019
Sold by
Smedley Robert A and Smedley Elizabeth A
Bought by
Kaur Surinderpal and Singh Kashmira
Seller's Agent
Jon Mand
Lenihan Sotheby's International Realty
Buyer's Agent
Gant Hill
Gant Hill & Associates, LLC
List Price
$1,149,000
Sold Price
$1,035,000
Premium/Discount to List
-$114,000
-9.92%
Total Days on Market
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$574,082
Avg. Annual Appreciation
6.07%
Original Mortgage
$776,250
Outstanding Balance
$684,270
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$782,826
Purchase Details
Closed on
Jul 31, 2015
Sold by
Stoneccroft Homes Llc
Bought by
Smedley Robert A and Smedley Elizabeth A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 30, 2014
Sold by
Smedley Robert and Smedley Elizabeth
Bought by
Stonecroft Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,920
Interest Rate
4.29%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 28, 2014
Sold by
Spring Farm Lake Llc
Bought by
Smedley Robert and Smedley Elizabeth
Similar Homes in Prospect, KY
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kaur Surinderpal | $1,035,000 | Premium Title Group Llc | |
| Smedley Robert A | $864,000 | Mattingly Ford Title | |
| Stonecroft Homes Llc | $164,000 | None Available | |
| Smedley Robert | $164,000 | Limestone Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kaur Surinderpal | $776,250 | |
| Previous Owner | Smedley Robert A | $770,000 | |
| Previous Owner | Smedley Robert | $307,000 | |
| Previous Owner | Smedley Robert A | $417,000 | |
| Previous Owner | Smedley Robert | $250,000 | |
| Previous Owner | Stonecroft Homes Llc | $607,920 | |
| Previous Owner | Spring Farm Glen Llc | $149,950 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2019 07/08/19 | Sold | $1,035,000 | -9.9% | $161 / Sq Ft |
| 05/16/2019 05/16/19 | Pending | -- | -- | -- |
| 04/18/2019 04/18/19 | For Sale | $1,149,000 | -- | $179 / Sq Ft |
Source: Metro Search (Greater Louisville Association of REALTORS®)
Tax History Compared to Growth
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 | $13,017 | $1,143,840 | $176,550 | $967,290 |
| 2023 | $13,246 | $1,143,840 | $176,550 | $967,290 |
| 2022 | $13,291 | $1,035,000 | $150,000 | $885,000 |
| 2021 | $12,988 | $1,035,000 | $150,000 | $885,000 |
| 2020 | $11,923 | $1,035,000 | $150,000 | $885,000 |
| 2019 | $9,753 | $864,000 | $164,000 | $700,000 |
| 2018 | $9,595 | $864,000 | $164,000 | $700,000 |
| 2017 | $9,068 | $864,000 | $164,000 | $700,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jon Mand
Seller's Agent in 2019
Jon Mand
Lenihan Sotheby's International Realty
(502) 822-0074
67 in this area
451 Total Sales
-
Gant Hill
Buyer's Agent in 2019
Gant Hill
Gant Hill & Associates, LLC
(502) 930-1155
2 in this area
44 Total Sales
Map
Source: Metro Search (Greater Louisville Association of REALTORS®)
MLS Number: 1529701
APN: 364901010000
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