NOT LISTED FOR SALE

7015 Shallow Lake Rd Prospect, KY 40059

Estimated Value: $828,000 - $884,000

4 Beds
3.5 Baths
6,028 Sq Ft
$143/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $705,000 $117 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,175/month

43 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Screened Porch
  • Norton Elementary School Rated A-
  • 3 Fireplaces
  • 2 Car Garage

About This Home

As of August 2021

This unique property located in the estate section of The Landings is a rare find! The expansive, elegant home is situated on a private, wooded lot whereby sitting anywhere on the second floor porch, patio or screened-in porch just off the kitchen, deer and other wildlife can be seen enjoying what nature provides. The home overlooks a lake to the left which can be fished from the property, and also has its own private dock on Harrods Creek, equipped with water and electricity. The dock is just a short walk downhill to the right of the property in the back and is easily accessible with a wooden walkway which is owned by this property. Pointer signs in the back yard are there to guide you. The home offers many special features which include spacious rooms and a floor plan that offers so much living. On the first floor, a huge great room boasts a tall ceiling, built-in bookcases on each side of the gas fireplace and a bar. Continuing on the first floor is a large formal dining room, a large eat-in kitchen with built-in shelving, planning desk/work space/bar area and a beautiful view of what the back yard offers. The kitchen has granite and hardwood floor runs throughout the entire first floor with the exception of the laundry room located just off the garage and primary bath. The primary bedroom is very large and has its own gas fireplace as well as a whirlpool tub with a huge walk-in closet in the bathroom. Two bedrooms are located upstairs that share a bathroom whereby the sinks are located in two different rooms to accommodate different guests or family members. Don't miss the bonus room located off the back bedroom as it would be great as an office, exercise room, play room or craft room. The walkout basement has an en suite located just through the double doors by the kitchen/bar with a large bedroom and full bathroom. The second great room with a brick fireplace (also gas) could be a perfect theatre room. Off the kitchen/bar area the space was planned to be a game room which has lots of natural light. Don't miss the firepit just outside the French doors leading to the patio In addition to a generous 2.5 car garage, original to the construction of the home, the owners added the third garage which is connected to the home by a breezeway. It was built to accommodate recreational vehicles including a tall boat or RV. The back of the home has two covered decks, one elevated and one ground level, both overlooking the lake. Other amenities to the home include an irrigation system, invisible pet fence, alarm system and central vac system. The neighborhood also has great walking space with wooded beauty to enjoy. Sellers hate to say goodbye but ready to downsize. This property has to be seen to be fully appreciated.

Last Agent to Sell the Property

Ruby Becker

Semonin REALTORS License #213339 Listed on: 07/06/2021

Semonin REALTORS

Last Buyer's Agent

Todd Klondike

RE/MAX Champions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,023

Year Built

  • Built in 1995

Lot Details

  • 0.38

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking
  • Driveway

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • 3 Fireplaces
  • Screened Porch
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • 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 0018 / 2627
  • Assessor Parcel Number 262700180000
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,023

Year Built

Built in 1995

Lot Details

0

Parking

2

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: 3850.0
  • Architectural Style: Traditional
  • Dining Room Level: First
  • Full Bathroom Level: Second
  • Half Bathroom Level: First
  • Primary Bathroom Level: First
  • Primary Bedroom Level: First
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Architectural Style Traditional: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Walkout Finished, Walkout Part Fin
  • Fireplaces Basement: 1
  • Fireplaces Level 1: 2
  • Bedroom Level: Second
  • Game Room Level: Basement
  • Great Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Other Level: First
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2178.0
  • Fireplaces: 3
  • Total Bedrooms: 17
  • BasementFoundation:Poured Concrete: Yes

Exterior Features

  • Fencing: Other
  • Roof: Shingle
  • Acres: 0.38
  • Waterfront Features: Creek, Lake Front
  • Waterfront: Yes
  • Construction Type: Other, Wood Frame
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Screened Porch, Deck, Patio, Porch
  • Construction:Frame - Wood2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio and Porch Features:Porch2: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Creek: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Detached, Attached, Entry Rear, Driveway
  • General Property Description:Garage Spaces: 2
  • GarageParking:Attached: Yes
  • Garageparkingdriveway: Yes
  • GarageParking:Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 750.0
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 16552.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 262700180000
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1995

Tax Info

  • Tax Block: 2627
  • Tax Lot: 0018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Aug 2, 2021
Sold by
Sheller John O and Sheller Patricia A
Bought by
Koontz Carl and Koontz Rachael
Seller's Agent
Ruby Becker
Semonin REALTORS
Buyer's Agent
Todd Klondike
RE/MAX Champions
List Price
$699,000
Sold Price
$705,000
Premium/Discount to List
$6,000
0.86%
Current Estimated Value
$859,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,045
Avg. Annual Appreciation
4.77%
Original Mortgage
$548,250
Outstanding Balance
$499,272
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$359,773
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
Koontz Carl $705,000 Agency Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koontz Carl $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2021 08/02/21 Sold $705,000 0.0% $117 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
06/22/2021 06/22/21 Off Market $705,000 -- --
05/24/2021 05/24/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $699,000 -- $116 / 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 $8,023 $705,000 $80,000 $625,000
2023 $8,164 $705,000 $80,000 $625,000
2022 $8,192 $527,000 $45,000 $482,000
2021 $6,106 $527,000 $45,000 $482,000
2020 $5,618 $527,000 $45,000 $482,000
2019 $5,505 $527,000 $45,000 $482,000
2018 $5,435 $527,000 $45,000 $482,000
2017 $5,531 $527,000 $45,000 $482,000
2013 $5,270 $527,000 $45,000 $482,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search, Inc.

MLS Number: 1586281

Metro Search, Inc.

APN: 262700180000