NOT LISTED FOR SALE

5302 Farm Ridge Ln Prospect, KY 40059

Estimated Value: $1,545,000 - $1,820,000

5 Beds
5.5 Baths
6,722 Sq Ft
$254/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $1,450,000 $216 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $10,964/month

2 Days on Market

Highlights

  • In Ground Pool
  • 1 Fireplace
  • Home Gym
  • Norton Elementary School Rated A-
  • Screened Porch
  • 3 Car Attached Garage

About This Home

As of June 2021

Prepare to be dazzled by this uniquely stunning contemporary masterpiece, masterfully executed + intelligently designed. Built in 2016, this property offers unparalleled technology with state-of-the-art 'Control 4' system. This brilliant floor plan was devised for entertaining, with focus on open floor plan & flow from interior to exterior spaces. The sleek, modern design offers effortless luxury, featuring only the finest finishes, fixtures + systems. NEW Illusion in-ground heated pool with tanning ledge, gradual stair, fountain jets AND 7-person Jacuzzi lounger hot tub. Other notable features include: controlled environment wine cellar, exercise room, sauna, media room, whole-home generator, foam insulation, security system, irrigation system.

Last Agent to Sell the Property

Libby Loeser

Kentucky Select Properties License #216569 Listed on: 03/24/2021

Kentucky Select Properties

Last Buyer's Agent

Bradley Bringardner

Lenihan Sotheby's International Realty License #213930

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 0.8

Parking

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

Home Design

  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Screened Porch
  • Home Gym
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • In Ground Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System

Additional Features

  • Patio
  • Property is Fully Fenced

Community Details

  • Property has a Home Owners Association
  • Spring Farm Place Subdivision

Listing and Financial Details

  • Legal Lot and Block 0109 / 3649
  • Assessor Parcel Number 364901090000
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Cooling System: Central Air, Heat Pump
  • Stories: 2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: Yes
  • ResoPoolFeatures: In Ground
  • Subdivision Name: SPRING FARM PLACE
  • Above Grade Finished Sq Ft: 3880.0
  • Architectural Style: Contemporary
  • ResoBuildingAreaSource: Appraiser
  • Full Bathroom Level: First
  • 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:Cul-De-Sac: Yes
  • Rooms Exercise Room2: Yes
  • Rooms:Sauna2: Yes
  • Pool Features In Ground: Yes
  • Sewer:Public Sewer: Yes
  • Architectural Style:Contemporary: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished
  • Fireplaces Level 1: 1
  • Bedroom Level: First
  • Dining Area Level: First
  • Exercise Room Level: Basement
  • Foyer Level: First
  • Game Room Level: Basement
  • Kitchen Level: First
  • Living Room Level: First
  • Media Room Level: Basement
  • Office Level: First
  • Sauna Level: Basement
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2842.0
  • Fireplaces: 1
  • Total Bedrooms: 20
  • ResoLivingAreaSource: Appraiser
  • BasementFoundation:Poured Concrete: Yes
  • Other Rooms:Dining Area: Yes
  • Basement Finished: Yes
  • Other Rooms:Office: Yes
  • Other Rooms:Foyer: Yes

Exterior Features

  • Fencing: Other, Full
  • Roof: Shingle
  • Acres: 0.8
  • Construction Type: Wood Frame, Brick Veneer
  • Exterior Features: Sauna/Steam, Hot Tub
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Screened Porch, Patio
  • Exterior Features:Fencing - Full: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Entry Side, Driveway
  • General Property Description:Garage Spaces: 3
  • GarageParking:Attached: Yes
  • Garageparkingdriveway: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1070.0
  • Association: Yes

Schools

  • Junior High Dist: Jefferson

Lot Info

  • Lot Size Sq Ft: 34848.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 364901090000
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 2016

Tax Info

  • Tax Block: 3649
  • Tax Lot: 0109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Jun 1, 2021
Sold by
Jackson Aran and Jackson Theresa M
Bought by
Zemmar Ajmal
Seller's Agent
Libby Loeser
Kentucky Select Properties
Buyer's Agent
Bradley Bringardner
Lenihan Sotheby's International Realty
List Price
$1,495,000
Sold Price
$1,450,000
Premium/Discount to List
-$45,000
-3.01%
Current Estimated Value
$1,746,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,981
Avg. Annual Appreciation
3.92%
Original Mortgage
$1,377,500
Outstanding Balance
$1,257,977
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$444,651

Purchase Details

Closed on
Aug 19, 2016
Sold by
Landis Homes Llc
Bought by
Jackson Aran and Jackson Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,009,727
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Zemmar Ajmal $1,450,000 Limestone Title & Escrow Llc
Jackson Aran $1,262,159 Kemp Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zemmar Ajmal $1,377,500
Previous Owner Jackson Aran $141,024
Previous Owner Jackson Aran $1,009,727
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $1,450,000 -3.0% $216 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $1,495,000 +530.8% $222 / Sq Ft
12/01/2015 12/01/15 Sold $237,000 -3.3% --
11/03/2015 11/03/15 Pending -- -- --
02/17/2014 02/17/14 For Sale $245,000 -- --
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 -- $1,450,000 $165,000 $1,285,000
2023 $16,791 $1,450,000 $165,000 $1,285,000
2022 $16,849 $1,262,160 $237,000 $1,025,160
2021 $15,839 $1,262,160 $237,000 $1,025,160
2020 $14,540 $1,262,160 $237,000 $1,025,160
2019 $14,247 $1,262,160 $237,000 $1,025,160
2018 $14,016 $1,262,160 $237,000 $1,025,160
2017 $13,246 $1,262,160 $237,000 $1,025,160
Source: Public Records

Agents Affiliated with this Home

  • Libby Loeser

    Seller's Agent in 2021

    Libby Loeser

    Kentucky Select Properties

    (502) 314-5099

    3 in this area

    148 Total Sales

    Section Image
  • Bradley Bringardner

    Buyer's Agent in 2021

    Bradley Bringardner

    Lenihan Sotheby's International Realty

    (502) 548-0132

    21 in this area

    204 Total Sales

    Section Image
  • John Lenihan

    Seller's Agent in 2015

    John Lenihan

    Lenihan Sotheby's International Realty

    (502) 593-2024

    5 in this area

    35 Total Sales

    Section Image
  • David Landis

    Buyer's Agent in 2015

    David Landis

    Keller Williams Louisville East

    (502) 592-1760

    Section Image
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Map

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

MLS Number: 1581639

Metro Search (Greater Louisville Association of REALTORS®)

APN: 364901090000

Kentucky Jefferson County Prospect 40059

5302 Farm Ridge Ln, Prospect, KY

This home is located at 5302 Farm Ridge Ln, Prospect, KY 40059 since 24 March 2021 and is currently estimated at $1,705,705, approximately $253 per square foot. This property was built in 2016. 5302 Farm Ridge Ln is a home located in Jefferson County with nearby schools including Wilder Elementary School, Dunn Elementary School, and Norton Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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