NOT LISTED FOR SALE

5304 Farm Ridge Ln Prospect, KY 40059

Estimated Value: $669,000 - $780,000

0.9 Acre
$805,000 Price per Acre
39,204 Sq Ft Lot

Last Sold March 23, 2016

Last sale price $210,000

Est. 245% increase in value since last sale

Current estimated payment $4,141/month

736 Days on Market

About This Lot

As of March 2016

Spring Farm Lake is located off Wolf Pen Branch Road in Prospect, KY. This exclusive development is situated on 45 acres and features 42 estate size lots, averaging 1/3 to one acre each. The private park-like setting of this secluded neighborhood features a beautiful two-acre lake nestled in an open area. Lot prices begin in the $150,000s. Call today for deed restrictions, plats, and building details.

Last Agent to Sell the Property

John Lenihan

Lenihan Sotheby's International Realty License #189155 Listed on: 01/18/2016

Last Buyer's Agent

John Lenihan

Lenihan Sotheby's International Realty License #189155 Listed on: 01/18/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,084

Lot Details

Community Details

  • Spring Farm Lake Subdivision

Listing and Financial Details

  • Legal Lot and Block 0137 / w006
  • Assessor Parcel Number w00601370008

Property Details

Property Type

Land

Est. Annual Taxes

$2,084

Lot Details

0

Listing Details

  • Lot Dimensions: 0
  • Property Sub Type: Residential Land
  • Property Type: Land/Lots
  • Subdivision Name: SPRING FARM LAKE
  • Utilities Electricity Connected: Yes
  • Special Features: None

Exterior Features

  • Acres: 0.9

Utilities

  • Utilities: Electricity Connected, Public Sewer, Gas: Natural, Public Water

Lot Info

  • Lot Size Sq Ft: 39204.0
  • ResoLotSizeUnits: Acres
  • Parcel #: w00601370008
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: w006
  • Tax Lot: 0137

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2016
Closed on
Mar 23, 2016
Sold by
Spring Farm Lake Llc
Bought by
Stonecroft Homes Llc
Seller's Agent
John Lenihan
Lenihan Sotheby's International Realty
Buyer's Agent
John Lenihan
Lenihan Sotheby's International Realty
List Price
$250,000
Sold Price
$210,000
Premium/Discount to List
-$40,000
-16%
Current Estimated Value
$724,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,500
Avg. Annual Appreciation
8.74%

Purchase Details

Closed on
May 21, 2014
Sold by
Wolford Built Homes Llc
Bought by
Wolford Building & Remondeling Llc
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
Stonecroft Homes Llc $210,000 None Available
Wolford Building & Remondeling Llc $1,032,860 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2016 03/23/16 Sold $210,000 -16.0% --
02/23/2016 02/23/16 Pending -- -- --
02/17/2014 02/17/14 For Sale $250,000 -- --
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 $2,084 $183,150 $183,150 $0
2023 $2,121 $183,150 $183,150 $0
2022 $2,128 $210,000 $210,000 $0
2021 $2,635 $210,000 $210,000 $0
2020 $2,419 $210,000 $210,000 $0
2019 $2,370 $210,000 $210,000 $0
2018 $2,332 $210,000 $210,000 $0
2017 $2,204 $210,000 $210,000 $0
Source: Public Records

Agents Affiliated with this Home

  • John Lenihan

    Seller's Agent in 2016

    John Lenihan

    Lenihan Sotheby's International Realty

    (502) 593-2024

    5 in this area

    35 Total Sales

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Map

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

MLS Number: 1381780

Metro Search (Greater Louisville Association of REALTORS®)

APN: 364901080000

Kentucky Jefferson County Prospect 40059

5304 Farm Ridge Ln, Prospect, KY

This home is located at 5304 Farm Ridge Ln, Prospect, KY 40059 since 18 January 2016 and is currently estimated at $724,500. 5304 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.

Metro Search (Greater Louisville Association of REALTORS®) The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Copyright 2025 Metro Search, Inc.

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