NOT LISTED FOR SALE

5505 Venkata Way Prospect, KY 40059

Estimated Value: $1,263,000 - $3,804,026

4.56 Acres
$555,595 Price per Acre
198,634 Sq Ft Lot

Last Sold October 08, 2019

Last sale price $360,000

Est. 604% increase in value since last sale

Current estimated payment $17,701/month

886 Days on Market

About This Lot

As of October 2019

Exclusive Wolf Pen Estates. A gated community on gently rolling and flat terrain. Building requirements 3500 sq. ft for Ranch, 4050 sq. ft for 1.5 story, 4600 sq. ft for 2 story. HOA fee is $875.00 per year. Convenient Prospect location, provides easy access to shopping, dining, I 71, Gene Snyder and Norton Commons. 11 lots to choose from.

Last Agent to Sell the Property

Stephanie Gilezan

EXP Realty LLC License #199560 Listed on: 04/19/2017

EXP Realty LLC

Last Buyer's Agent

Stephanie Gilezan

EXP Realty LLC License #199560 Listed on: 04/19/2017

EXP Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $51,226

Lot Details

Additional Features

  • Lot Dimensions are 280x390x430x230x530
  • Septic System

Community Details

  • Property has a Home Owners Association
  • Wolf Pen Estates Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Seller Concessions Not Offered

Property Details

Property Type

Land

Est. Annual Taxes

$51,226

Lot Details

0

Listing Details

  • Lot Dimensions: 280x390x430x230x530
  • Property Sub Type: Residential Land
  • Property Type: Land/Lots
  • Subdivision Name: WOLF PEN ESTATES
  • Utilities Electricity Connected: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Special Features: None

Exterior Features

  • Acres: 4.56

Utilities

  • Utilities: Electricity Connected, Gas: Natural, Public Water, Septic System

Condo/Co-op/Association

  • Association Fee: 875.0
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 198633.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 0
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2017
Closed on
Oct 8, 2019
Sold by
Arla Enterprises Limited Lp
Bought by
Sajid Muhammad W and Aziz Sarah
Seller's Agent
Stephanie Gilezan
EXP Realty LLC
Buyer's Agent
Stephanie Gilezan
EXP Realty LLC
List Price
$424,900
Sold Price
$360,000
Premium/Discount to List
-$64,900
-15.27%
Current Estimated Value
$2,533,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,173,513
Avg. Annual Appreciation
40.19%
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
Sajid Muhammad W $360,000 Agency Title Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2019 10/08/19 Sold $360,000 -7.7% --
09/22/2019 09/22/19 Pending -- -- --
01/14/2019 01/14/19 Price Changed $390,000 -2.5% --
05/16/2018 05/16/18 Price Changed $400,000 -5.9% --
04/19/2017 04/19/17 For Sale $424,900 -- --
Source: Metro Search, Inc.

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 $51,226 $4,501,410 $364,800 $4,136,610
2023 $26,497 $2,288,180 $364,800 $1,923,380
2022 $18,997 $360,000 $360,000 $0
2021 $4,518 $360,000 $360,000 $0
2020 $4,147 $360,000 $360,000 $0
2019 $3,088 $273,600 $273,600 $0
2018 $2,929 $273,600 $273,600 $0
2017 $2,871 $273,600 $273,600 $0
2013 $1,315 $131,540 $131,540 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Gilezan

    Seller's Agent in 2019

    Stephanie Gilezan

    EXP Realty LLC

    (502) 817-6484

    77 in this area

    150 Total Sales

    Stephanie Gilezan
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Map

Source: Metro Search, Inc.

MLS Number: 1472907

Metro Search, Inc.

APN: 300100240000

Kentucky Jefferson County Prospect 40059

5505 Venkata Way, Prospect, KY

This home is located at 5505 Venkata Way, Prospect, KY 40059 since 19 April 2017 and is currently estimated at $2,533,513. 5505 Venkata Way is a home located in Jefferson County with nearby schools including Wilder Elementary School, Norton Elementary School, and Zachary Taylor Elementary School.

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