NOT LISTED FOR SALE

5703 Laurel Ln Prospect, KY 40059

Estimated Value: $824,528 - $977,000

5 Beds
3.5 Baths
4,579 Sq Ft
$201/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $524,000 $114 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,427/month

96 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Central Air
  • Goshen at Hillcrest Elementary School Rated A
  • 3 Car Attached Garage
  • Heating System Uses Natural Gas

About This Home

As of September 2017

8/20PRICE REDUCED CLOSE TO 15K. GREAT BUYING OPPORTUNITY. This is a beautiful READY TO MOVE-IN home on a wooded, 0.98 acre WALK-OUT lot! With neutral decor, you can move right in!A grand TWO-STORY FOYER with leaded glass front door will welcome you. In the GOURMET KITCHEN, GRANITE countertops,stainless appliances, and abundant cabinets abound.A spacious dining room, formal living room, awesome family room with WOOD FLOORING and essential office space are all light filled and lovely.The master suite is elegant and roomy featuring tray ceiling, attached tiled bath with WHIRLPOOL corner tub, separate shower, DUAL VANITY sinks and OVER-SIZED WALK-IN CLOSET. You'll love entertaining in the FINISHED WALK-OUT lower level, and your guests will enjoy the additional bedroom and full bath it offers Admire the TREED VIEW and very LARGE PRIVATE LOT from the DECK patio. JACK DANIEL'S BAR in basement remain. Front porch lights with ambient sensors, IRRIGATION SYSTEM and More.. Sellers offering 2-10 Home Warranty for 1st year. MUST SEE!

Last Agent to Sell the Property

Praveen Katta

First Realty, LLC License #215747 Listed on: 08/25/2017

Last Buyer's Agent

Brooke Miller

Kentucky Select Properties License #212740

Kentucky Select Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 0.98

Parking

  • 3 Car Attached Garage
  • Side or Rear Entrance to Parking

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • Glen Oaks Subdivision

Listing and Financial Details

  • Legal Lot and Block 697 / 12C
  • Assessor Parcel Number 1111C12C697
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Cooling System: Central Air
  • Stories: 2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: Yes
  • Subdivision Name: GLEN OAKS
  • Above Grade Finished Sq Ft: 3479.0
  • Architectural Style: Traditional
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electricity Connected: Yes
  • Dining Room Level: First
  • Full Bathroom Level: Second
  • Half Bathroom Level: First
  • Rooms:Living Room5: Yes
  • Primary Bathroom Level: Second
  • Primary Bedroom Level: Second
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Architectural Style Traditional: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Partially Finished, Finished, Walkout Finished, Walkout Part Fin
  • Bedroom Level: Second
  • Great Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1100.0
  • Fireplaces: 1
  • ResoLivingAreaSource: Appraiser
  • BasementFoundation:Poured Concrete: Yes
  • Basement:Partially Finished: Yes
  • Basement Finished: Yes

Exterior Features

  • Fencing: None
  • Roof: Shingle
  • Acres: 0.98
  • Construction Type: Brick Veneer, Stone
  • Foundation Details: Poured Concrete
  • Construction:Stone3: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Entry Side
  • GarageParking:Attached: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 375.0
  • Association: Yes

Schools

  • Junior High Dist: Oldham

Lot Info

  • Lot Size Sq Ft: 42776.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1111C12C697
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 2008

Tax Info

  • Tax Block: 12C
  • Tax Lot: 697

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2017
Closed on
Sep 29, 2017
Sold by
Mahadevan Shankar Ram and Ram Uma Shankar
Bought by
Stamle Adam and Stemle Lindsey
Seller's Agent
Praveen Katta
First Realty, LLC
Buyer's Agent
Brooke Miller
Kentucky Select Properties
List Price
$524,900
Sold Price
$524,000
Premium/Discount to List
-$900
-0.17%
Current Estimated Value
$920,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,632
Avg. Annual Appreciation
7.03%
Original Mortgage
$419,200
Outstanding Balance
$347,612
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$573,020

Purchase Details

Closed on
Nov 4, 2011
Sold by
Alemi Mark W and Alemi Jill A
Bought by
Mahadevan Shankar Ram and Ram Uma Shankar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2008
Sold by
Olympia Homes Llc
Bought by
Alemi Mark W and Alemi Jill A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.82%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Stamle Adam $524,000 Attorney
Mahadevan Shankar Ram $495,000 None Available
Alemi Mark W $501,462 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stamle Adam $419,200
Previous Owner Mahadevan Shankar Ram $396,000
Previous Owner Alemi Mark W $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2017 09/29/17 Sold $524,000 -0.2% $114 / Sq Ft
09/28/2017 09/28/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $524,900 0.0% $115 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
08/20/2017 08/20/17 Price Changed $524,900 -2.6% $115 / Sq Ft
06/24/2017 06/24/17 For Sale $539,000 -- $118 / Sq Ft
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
2025 $7,360 $560,000 $100,000 $460,000
2023 $6,864 $524,000 $100,000 $424,000
2022 $6,851 $524,000 $100,000 $424,000
2021 $6,809 $524,000 $100,000 $424,000
2020 $6,746 $524,000 $100,000 $424,000
2019 $6,686 $524,000 $100,000 $424,000
2018 $6,452 $524,000 $0 $0
2017 $5,629 $460,000 $0 $0
2013 $5,508 $480,000 $100,000 $380,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search, Inc.

MLS Number: 1479217

Metro Search, Inc.

APN: 11-11C-12C-697