NOT LISTED FOR SALE

7013 Shallow Lake Rd Prospect, KY 40059

Estimated Value: $730,000 - $826,000

4 Beds
4.5 Baths
4,704 Sq Ft
$163/Sq Ft Est. Value

Last Sold June 14, 2016

Last sale price $497,400 $106 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,532/month

18 Days on Market

Highlights

  • Tennis Courts
  • Deck
  • Patio
  • Norton Elementary School Rated A-
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2016

Immaculate and updated! Nestled at the end of a quiet cul-de-sac in the Estate section of The Landings, this 4 bedroom, 4 1/2 bath, 3 car garage casually elegant home is loaded with updates. Move in ready. Crisply landscaped in the front with a cost-efficient separately metered irrigation system, you can fish on the private lake accessed from your own partially planned, partially naturally wooded back yard. Feel the space around you - through the new entry door and spacious foyer there is an easy flow through rooms, all with 9' ceilings on the main level and an abundance of natural light pouring through the many banks of full windows. Overlooking the back yard and lake, the large, updated well equipped eat-in kitchen features new granite counter tops with coordinated glass back splash, new Dacor gas cook top and vent, and new stainless LG high efficiency refrigerator and dishwasher, all aesthetically complementing the existing GE Profile double wall ovens. The new ventless gas-log fireplace is a pleasing addition to the main family room. With a master suite overlooking the treetops, you will enjoy none less than a walk-in closet, with new additional heating, that is the size of most bedrooms. Bedrooms 2 and 3 have a Jack and Jill bathroom while bedroom 4 is en-suite with its own bathroom. Newly finished, 1048 sq.ft. basement with 8' ceilings includes an electric fireplace, wet bar with granite counters and back splash and loads of cabinets in the large family room, a wine cellar, a full bath featuring a walk-in shower with heated floor, and a finished room ideal as an office or work-out room. The remaining 578 sq.ft. unfinished space is ideal for storage or workshop. Other updates include new sump pump, new attic fan and new keyless entry from garage to house. This house features a full ADT security system. Across from the Prospect Village Kroger center, the neighborhood amenities include a clubhouse, pool, tennis courts and walking path around Putney Pond. Easy access to I-265, I-71, Watterson and River Road. The annual HOA fee of $650 includes the pool, tennis courts and clubhouse.

Last Agent to Sell the Property

Neil Blumberg

Metro 1 License #201409 Listed on: 04/15/2016

Last Buyer's Agent

David Parks

RE/MAX Properties East License #176518

RE/MAX Properties East

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 0.41

Parking

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

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

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
  • The Landings Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 0017 / 2627
  • Assessor Parcel Number 262700170000

Home Details

Home Type

Single Family

Year Built

Built in 2000

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: THE LANDINGS ESTATES
  • Above Grade Finished Sq Ft: 3656.0
  • Architectural Style: Contemporary
  • 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
  • Lot Description:Cul-De-Sac: Yes
  • Lot Description:Wooded: Yes
  • Lot Description:Pond: Yes
  • Sewer:Public Sewer: Yes
  • Architectural Style:Contemporary: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Bedroom Level: Second
  • Family Room Level: First
  • Kitchen Level: First
  • Laundry Level: Second
  • Living Room Level: First
  • Office Level: Basement
  • Other Level: Basement
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1048.0
  • Total Bedrooms: 17
  • Other Rooms:Family Room2: Yes
  • BasementFoundation:Poured Concrete: Yes
  • Basement Finished: Yes
  • Other Rooms:Office: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.41
  • Construction Type: Brick
  • Exterior Features: Tennis Court
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Deck, Patio
  • Construction:Brick3: 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: 17859.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 262700170000
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 2000

Tax Info

  • Tax Block: 2627
  • Tax Lot: 0017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2016
Closed on
Jun 14, 2016
Sold by
Goldstein Joyce R and Schaub Urs
Bought by
Padgett Patrick Thomas and Padgett Elizabeth Austin
Seller's Agent
Neil Blumberg
Metro 1
Buyer's Agent
David Parks
RE/MAX Properties East
List Price
$510,000
Sold Price
$497,400
Premium/Discount to List
-$12,600
-2.47%
Current Estimated Value
$765,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,042
Avg. Annual Appreciation
4.71%
Original Mortgage
$440,437
Outstanding Balance
$350,653
Interest Rate
3.58%
Mortgage Type
VA
Estimated Equity
$414,789

Purchase Details

Listed on
Sep 12, 2012
Closed on
Nov 30, 2012
Sold by
Fyffe Michael and Fyffe Caroline
Bought by
Goldstein Joyce R and Schaub Urs
Seller's Agent
James Aubrey
Wakefield Reutlinger REALTORS
Buyer's Agent
Neil Blumberg
Metro 1
List Price
$449,900
Sold Price
$412,000
Premium/Discount to List
-$37,900
-8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$150,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2009
Sold by
Linn Michael L and Linn Patricia L
Bought by
Fyffe Michael and Fyffe Caroline

Purchase Details

Closed on
Sep 13, 2005
Sold by
Frantz David M and Frantz Linda J
Bought by
Linn Michael L and Linn Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Padgett Patrick Thomas $497,400 None Available
Goldstein Joyce R $412,000 None Available
Fyffe Michael $468,000 First American Title Ins Co
Linn Michael L $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padgett Patrick Thomas $440,437
Previous Owner Goldstein Joyce R $150,000
Previous Owner Linn Michael L $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2016 06/14/16 Sold $497,400 -2.5% $106 / Sq Ft
05/01/2016 05/01/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $510,000 +23.8% $108 / Sq Ft
11/30/2012 11/30/12 Sold $412,000 -8.4% $113 / Sq Ft View Prior Sale
11/04/2012 11/04/12 Pending -- -- --
09/12/2012 09/12/12 For Sale $449,900 -- $123 / 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
2024 -- $535,240 $77,600 $457,640
2023 $6,198 $535,240 $77,600 $457,640
2022 $6,219 $497,400 $80,000 $417,400
2021 $6,242 $497,400 $80,000 $417,400
2020 $5,730 $497,400 $80,000 $417,400
2019 $5,615 $497,400 $80,000 $417,400
2018 $5,524 $497,400 $80,000 $417,400
2017 $5,220 $497,400 $80,000 $417,400
2013 $4,120 $412,000 $76,000 $336,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search, Inc.

MLS Number: 1444873

Metro Search, Inc.

APN: 262700170000