NOT LISTED FOR SALE

5551 Forest Lake Dr Prospect, KY 40059

Estimated Value: $205,122 - $244,000

2 Beds
2 Baths
1,088 Sq Ft
240,233 Sq Ft Lot

Last Sold August 15, 2024

Last sale price $195,000 $179 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,315/month

1 Day on Market

Highlights

  • Balcony
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Norton Elementary School Rated A-

About This Home

As of August 2024

Welcome to 5551 Forest Lake Dr in sought after Prospect. This 2 bedroom, 2 bath condo is waiting for you to put your special decorating ideas to work. There is a spacious living and dining area with vaulted ceilings and a spiral staircase that leads to the second floor loft bedroom complete with the second full bath and a walk-in closet. The primary bedroom is on the first floor and has double closets and sliding glass doors leading to a private balcony over looking a treelined green space. There is a first floor full bath opening to the primary as well as the hallway. The fully kitchen is both functional and efficient. The basement is unfinished with laundry hookups and plenty of room for storage. The lower level garage opens to the basement. The kitchen refrigerator does not remain

Last Agent to Sell the Property

Jane Hayes

Signature One Properties License #183277 Listed on: 07/30/2024

Co-Listed By

G. Steven Underwood

Signature One Properties License #186754

Last Buyer's Agent

Debra Poth

Kentucky Select Properties License #217695

Kentucky Select Properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1984

Lot Details

  • 5.52

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 1,088 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 00H3 / 1739
  • Assessor Parcel Number 21173900H300U5
  • Seller Concessions Offered

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include ground maintenance, snow removal, trash, water
  • Harbor At Harrod Subdivision

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Year Built

Built in 1984

Lot Details

5.52 Acres

Parking

2

Listing Details

  • Cooling System: Central Air
  • Stories: 2
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Garage Yn: Yes
  • Reso Association Fee Includes: Maintenance Grounds, Snow Removal, Trash, Water
  • Co List Office Phone: 502-639-4801
  • Subdivision Name: HARBOR AT HARROD
  • Above Grade Finished Sq Ft: 1088.0
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Full Bathroom Level: Second
  • Rooms:Living Room5: Yes
  • Primary Bathroom Level: First
  • Primary Bedroom Level: First
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Bedroom Level: Second
  • Dining Area Level: First
  • Kitchen Level: First
  • Laundry Level: Basement
  • Living Room Level: First
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 2
  • ResoLivingAreaSource: Other
  • BasementFoundation:Poured Concrete: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Fencing: None
  • Roof: Shingle
  • Construction Type: Brick Veneer
  • Exterior Features: Tennis Court, Balcony
  • Foundation Details: Poured Concrete

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Lower Level, Driveway
  • GarageParking:Attached: Yes
  • Garageparkingdriveway: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Sub Condo Amenities Location Of Parking: Garage
  • Sub Condo Amenities Year Building Built: 1984
  • Sub Condo Amenities Year Unit Finished: 1984
  • Association: Yes

Schools

  • Junior High Dist: Jefferson

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel #: 21173900H300U5
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1984

Tax Info

  • Tax Block: 1739
  • Tax Lot: 00H3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2024
Closed on
Aug 15, 2024
Sold by
Bates Howard F and Bates Linda C
Bought by
Wise Brianna
Seller's Agent
Jane Hayes
Signature One Properties
Buyer's Agent
Debra Poth
Kentucky Select Properties
List Price
$185,000
Sold Price
$195,000
Premium/Discount to List
$10,000
5.41%
Views
3
Current Estimated Value
$218,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,031
Avg. Annual Appreciation
7.27%
Original Mortgage
$185,250
Outstanding Balance
$182,657
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$35,374
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wise Brianna $195,000 Limestone Title
Wise Brianna $195,000 Limestone Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wise Brianna $185,250
Closed Wise Brianna $185,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2024 08/15/24 Sold $195,000 +5.4% $179 / Sq Ft
06/22/2024 06/22/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $185,000 -- $170 / Sq Ft
Source: Metro Search, Inc.

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
2025 $2,176 $195,000 $0 $195,000
2024 $1,736 $152,560 $0 $152,560
2023 $1,767 $152,560 $0 $152,560
2022 $1,773 $96,660 $0 $96,660
2021 $1,213 $96,660 $0 $96,660
2020 $1,114 $96,660 $0 $96,660
2019 $1,091 $96,660 $0 $96,660
2018 $1,073 $96,660 $0 $96,660
2017 $1,014 $96,660 $0 $96,660
2013 $1,085 $108,470 $0 $108,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search, Inc.

MLS Number: 1663749

Metro Search, Inc.

APN: 173900H300U5

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