NOT LISTED FOR SALE

5505 Timber Ridge Dr Prospect, KY 40059

Estimated Value: $549,000 - $640,438

4 Beds
4 Baths
3,900 Sq Ft
$149/Sq Ft Est. Value

About This Home

This home is located at 5505 Timber Ridge Dr, Prospect, KY 40059 and is currently estimated at $582,110, approximately $149 per square foot. 5505 Timber Ridge Dr is a home located in Jefferson County with nearby schools including Wilder Elementary School, Dunn Elementary School, and Norton Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2010
Sold by
Doyle Kenneth M and Doyle Shannon M
Bought by
Schmitt John Raymond
Current Estimated Value
$582,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,793
Outstanding Balance
$205,998
Interest Rate
5.02%
Mortgage Type
FHA
Estimated Equity
$376,112
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.

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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.

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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.

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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.

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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
Schmitt John Raymond $329,000 Freibert Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitt John Raymond $307,793
Source: Public Records

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 $5,549 $487,590 $80,000 $407,590
2023 $5,646 $487,590 $80,000 $407,590
2022 $5,666 $355,740 $80,000 $275,740
2021 $4,464 $355,740 $80,000 $275,740
2020 $4,098 $355,740 $80,000 $275,740
2019 $4,016 $355,740 $80,000 $275,740
2018 $3,951 $355,740 $80,000 $275,740
2017 $3,733 $355,740 $80,000 $275,740
2013 $4,872 $385,000 $45,000 $340,000
Source: Public Records

Map

Kentucky Jefferson County Prospect 40059

5505 Timber Ridge Dr, Prospect, KY

This home is located at 5505 Timber Ridge Dr, Prospect, KY 40059 and is currently estimated at $582,110, approximately $149 per square foot. 5505 Timber Ridge Dr is a home located in Jefferson County with nearby schools including Wilder Elementary School, Dunn Elementary School, and Norton Elementary School.

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