NOT LISTED FOR SALE

7005 Penfield Place Prospect, KY 40059

Estimated Value: $992,000 - $1,042,696

4 Beds
5 Baths
5,700 Sq Ft
$179/Sq Ft Est. Value

Last Sold April 17, 2017

Last sale price $600,000 $105 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,127/month

184 Days on Market

Highlights

  • Tennis Courts
  • Deck
  • 3 Car Attached Garage
  • Norton Elementary School Rated A-
  • 3 Fireplaces
  • Patio

About This Home

As of April 2017

Rare find! Stunning and luxurious ranch home situated on large flat lot in Sutherland, an exclusive community of stately homes offering a clubhouse, tennis courts, swimming pool and 2 fishing lakes. This former Homearama home is characterized by unique architectural details, extensive millwork, hardwood, slate and marble flooring. Upon entering the elegant entrance hall with ten foot ceiling and marble floor, you see the living room with vaulted ceiling and the formal dining room with triple trayed ceiling lighted indirectly, exquisite chandelier, and hardwood floor with mahogany inlay. The dramatic great room features a 20 foot cathedral ceiling, brick fireplace flanked by custom built-in bookcases. Entertaining is made easy with a convenient wet bar with leaded glass cabinets and wine rack. The cook in the family will love the large eat-in kitchen with ample cabinets, granite countertops, stainless steel appliances and built-in roll top desk. The master retreat features a triple-trey ceiling with indirect lighting and a private deck perfect for a hot tub. The all marble master bath includes a large whirlpool tub, an 8 foot shower with dual heads and frameless enclosure, dual vanities, two water closets, one with a bidet, and fireplace. The spacious master walk-in closet has custom built-ins and two separate dressing areas. All three additional bedrooms are large and have walk-in closets. Two have their own private baths. The finished lower level includes a large gathering/billiard room with fireplace, mirrored exercise room and plenty of storage. The expansive 3 car garage has an epoxy floor and custom cabinets. Additional features include a monitored security system, irrigation, central vacuum and whole house sound system. OWNER/AGENT

Last Agent to Sell the Property

Sally Hunt

Rainey, Jones & Shaw REALTORS Listed on: 09/28/2016

Co-Listed By

Kay Colston

Rainey, Jones & Shaw REALTORS

Last Buyer's Agent

Sally Hunt

Rainey, Jones & Shaw REALTORS Listed on: 09/28/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,931

Year Built

  • Built in 1992

Lot Details

  • Partially Fenced Property

Parking

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

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • 3 Fireplaces
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Tennis Courts
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • Sutherland Subdivision

Listing and Financial Details

  • Legal Lot and Block 0027 / 2358
  • Assessor Parcel Number 2358-0027-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,931

Year Built

Built in 1992

Lot Details

0

Parking

3

Listing Details

  • Cooling System: Central Air
  • Stories: 1
  • Lot Dimensions: <= 1 ACRE
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: Yes
  • Co List Office Mls Id: 622701
  • Co List Office Phone: 502-412-9400
  • Subdivision Name: SUTHERLAND
  • Above Grade Finished Sq Ft: 3971.0
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electricity Connected: Yes
  • Dining Room Level: First
  • Full Bathroom Level: First
  • Rooms:Living Room5: Yes
  • Primary Bathroom Level: First
  • Primary Bedroom Level: First
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Architectural Style Ranch: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished
  • Fireplaces Basement: 1
  • Fireplaces Level 1: 2
  • Bedroom Level: First
  • Family Room Level: Basement
  • Great Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Other Level: Basement
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1729.0
  • Fireplaces: 3
  • Total Bedrooms: 16
  • ResoLivingAreaSource: Appraiser
  • Other Rooms:Family Room2: Yes
  • BasementFoundation:Poured Concrete: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Fencing: Partial
  • Roof: Shingle
  • Acres: 0.69
  • Construction Type: Wood Frame, Brick
  • Exterior Features: Tennis Court
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Deck, Patio
  • Construction:Brick3: Yes
  • Construction:Frame - Wood2: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Entry Side
  • General Property Description:Garage Spaces: 3
  • GarageParking:Attached: Yes

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 30056.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 2358-0027-0000
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1992

Tax Info

  • Tax Block: 2358
  • Tax Lot: 0027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2016
Closed on
Apr 17, 2017
Sold by
Colston Mary Katharine and Colston Michael R
Bought by
Williams Kyle T and Williams Brenda S
Seller's Agent
Sally Hunt
Rainey, Jones & Shaw REALTORS
Buyer's Agent
Sally Hunt
Rainey, Jones & Shaw REALTORS
List Price
$675,000
Sold Price
$600,000
Premium/Discount to List
-$75,000
-11.11%
Current Estimated Value
$1,018,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,424
Avg. Annual Appreciation
4.57%

Purchase Details

Closed on
Oct 10, 2005
Sold by
Foley Rawlings Ii Charles M and Foley Rawlings Sharon
Bought by
Colston Mary Katharine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Williams Kyle T $600,000 None Available
Colston Mary Katharine $693,550 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Kyle T $400,000
Previous Owner Colston Michael R $100,000
Previous Owner Colston Mary Katharine $572,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2017 04/17/17 Sold $600,000 -11.1% $105 / Sq Ft
03/31/2017 03/31/17 Pending -- -- --
09/28/2016 09/28/16 For Sale $675,000 -- $118 / 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 $6,931 $655,380 $180,250 $475,130
2023 $7,053 $655,380 $180,250 $475,130
2022 $7,145 $600,000 $110,000 $490,000
2021 $7,022 $600,000 $110,000 $490,000
2020 $6,459 $600,000 $110,000 $490,000
2019 $6,773 $600,000 $110,000 $490,000
2018 $6,663 $600,000 $110,000 $490,000
2017 $5,752 $585,710 $110,000 $475,710
2013 $6,342 $634,200 $100,000 $534,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1459202

Metro Search (Greater Louisville Association of REALTORS®)

APN: 235800270000