NOT LISTED FOR SALE

5401 Farm Ridge Ln Prospect, KY 40059

Estimated Value: $1,509,000 - $1,883,000

6 Beds
6 Baths
6,622 Sq Ft
$255/Sq Ft Est. Value

Last Sold September 24, 2015

Last sale price $1,317,000 $199 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $10,710/month

21 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Patio
  • Norton Elementary School Rated A-
  • 4 Car Attached Garage
  • Central Air

About This Home

As of September 2015

Welcome to Paradise...This GORGEOUS French country home is one you DO NOT want to miss! When you enter this masterpiece, built by Penny Love, you will find breath taking panoramic views of the lake in the rear yard, loads of windows and light, wonderful NEWLY refinished hickory floors, a hickory room with fireplace, large dining room, first floor master suite with HUGE walk-in closet (professionally built with granite island), and spa bathroom/shower (5 nozzle shower heads) with separate air jet tub as the center piece. The kitchen is a show stopper, featuring: an Aga six burner, gas and electric stove with pot filler above it, profile refrigerator drawers (in addition to the french door Jenn Air refrigerator), GE monogram beverage fridge, GE profile ice marker, warming drawer, and a top of the line Miele dishwasher. The breakfast nook, great room, and living room all overlook the professionally landscaped yard by Korfhage. Upstairs is a lovely landing with built-in shelves, four more large bedrooms and closets, 2 full baths, one of which is a Jack & Jill with separate sink areas and the other on suite both with beautiful tile work and granite countertops. When you enter the walkout finished basement you will find entertainment galore...to die for sunken bar with GE monogram beverage fridge, intricate granite counters with tile floor, a cedar wine cellar, workout room / 6th bedroom with rubber flooring and lots of light, loads of recreational space for guests, a full bath with steam shower, tons of storage and the unfinished space on one side is wired for a home theatre! As if this is not enough...this one of a kind home has been professionally decorated by Hubbochs, has a whole yard irrigation system, a mosquito automated control system, 4 car garage (new garage doors in 2014), and sits on an unbelievable acre plus lot in desirable Spring Farm! There is also an outdoor gas fireplace, 37 yard chipping area to 3 hole putting green in the backyard, central HVAC, and all copper gutters! Chandelier in breakfast nook, server in basement, and curtains in dining room and curtains in hickory room DO NOT remain.

Last Agent to Sell the Property

Candace Bornstein

Gilezan Realty Listed on: 05/08/2015

Last Buyer's Agent

Rick Walters

Canfield Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,120

Year Built

  • Built in 2006

Lot Details

  • 1.1

Parking

  • 4 Car Attached Garage

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Spring Farm Subdivision

Listing and Financial Details

  • Legal Lot and Block 0031 / 3649
  • Assessor Parcel Number 364900310000

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,120

Year Built

Built in 2006

Lot Details

0

Parking

4

Listing Details

  • Cooling System: Central Air
  • Stories: 2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: Yes
  • Subdivision Name: SPRING FARM
  • Above Grade Finished Sq Ft: 4972.0
  • Architectural Style: Traditional
  • Utilities Electricity Connected: Yes
  • Dining Room Level: First
  • Full Bathroom Level: Second
  • Half Bathroom Level: First
  • Rooms:Living Room5: Yes
  • Primary Bathroom Level: First
  • Primary Bedroom Level: First
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Architectural Style Traditional: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: Walkout Finished
  • Fireplaces Level 1: 1
  • Bedroom Level: Second
  • Dining Area Level: First
  • Family Room Level: Basement
  • Great Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Other Level: First
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1650.0
  • Fireplaces: 1
  • Total Bedrooms: 20
  • Other Rooms:Family Room2: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Fencing: None
  • Roof: Shingle
  • Acres: 1.1
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Brick Veneer
  • Exterior Features: See Remarks
  • Patio And Porch Features: Patio
  • Waterfront Features:Lake Front: Yes

Garage/Parking

  • Garage Spaces: 4.0
  • Attached Garage: Yes
  • Parking Features: Attached
  • General Property Description:Garage Spaces: 4
  • GarageParking:Attached: Yes

Utilities

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

Schools

  • Junior High Dist: Jefferson

Lot Info

  • Lot Size Sq Ft: 47916.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 364900310000
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 2006

Tax Info

  • Tax Block: 3649
  • Tax Lot: 0031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2015
Closed on
Sep 24, 2015
Sold by
Pohn Jordan and Pohn Hilary L
Bought by
Desai Jignesh and Desai Purvi
Seller's Agent
Candace Bornstein
Gilezan Realty
Buyer's Agent
Rick Walters
Canfield Realty Group, LLC
List Price
$1,350,000
Sold Price
$1,317,000
Premium/Discount to List
-$33,000
-2.44%
Current Estimated Value
$1,688,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,392
Avg. Annual Appreciation
2.77%
Original Mortgage
$1,000,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2008
Sold by
Heitmann Erik and Heitmann Susan
Bought by
Pohn Hilary

Purchase Details

Closed on
Sep 19, 2007
Sold by
Pohn Hilary L and Pohn Jordan
Bought by
Pohn Jordan and Pohn Hilary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.49%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Desai Jignesh $1,317,000 Attorney
Pohn Hilary $40,000 Kentucky Title
Pohn Jordan -- Real Estate Title Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desai Jignesh $944,000
Closed Desai Jignesh $1,000,000
Previous Owner Pohn Jordan $1,000,000
Previous Owner Pohn Jordan $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2015 09/24/15 Sold $1,317,000 -2.4% $199 / Sq Ft
05/29/2015 05/29/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $1,350,000 -- $204 / Sq Ft
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 $18,120 $1,592,270 $190,500 $1,401,770
2023 $18,438 $1,592,270 $190,500 $1,401,770
2022 $18,502 $1,317,000 $193,800 $1,123,200
2021 $16,527 $1,317,000 $193,800 $1,123,200
2020 $15,172 $1,317,000 $193,800 $1,123,200
2019 $14,866 $1,317,000 $193,800 $1,123,200
2018 $14,625 $1,317,000 $193,800 $1,123,200
2017 $13,822 $1,317,000 $193,800 $1,123,200
2013 $10,016 $1,001,620 $193,800 $807,820
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

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

MLS Number: 1418107

Metro Search (Greater Louisville Association of REALTORS®)

APN: 364900310000