Seller's Agent in 2023
David Yunker
RE/MAX
(502) 419-0994
51 in this area
148 Total Sales
7101 Covered Cove Way Prospect, KY 40059
10
Beds
10
Baths
14,647
Sq Ft
4.28
Acres
Highlights
- Tennis Courts
- Spa
- Traditional Architecture
- Norton Elementary School Rated A-
- Deck
- 4 Fireplaces
About This Home
As of August 2023Elegant and stately, this colonial mansion sits prominently above acres of mature trees and exceptional forestland, while simultaneously offering views of the manicured lawns and golf courses of Hunting Creek Estates. Nestled at the end of a private cove cul-de-sac, a winding circular driveway invites guests through the woodside retreat before arriving at the home's columned two-story entrance. The home's rich architecture continues inside where guests are immediately greeted by stunning black and white marble floors, statement-making curved staircase and unique rotating teardrop chandelier. The two-story entryway is flanked by a beautiful formal dining room to the right, featuring triple arched windows, built-in china display and detailed wainscoting, and to the left, a formal living room with bright arched windows, fireplace and lit display shelves. Past the foyer, the home unfolds into an open floor design, welcoming guests into the spacious family room with wet bar, dining room and completely remodeled kitchen. The open space area features recessed lighting, elegant columns, and four gorgeous sets of French Doors leading guests onto the oversize balcony overlooking the hilltop forest. The gourmet kitchen is newly renovated, featuring sleek stainless steel appliances, large walk-in pantry, and eat-in island with granite countertop. From the kitchen, guests continue to indoor pool wing of the house, equipped with a second family room with fireplace, additional kitchen area, lounging area, and heated indoor pool and hot tub with vaulted ceiling, breathtaking surrounding windows and balcony access. The opposite wing of the home offers a handsome study with wood built-ins, half bath (the 2nd on the floor) and master suite with fireplace, walk-in closets and attached laundry room for added convenience. To access the second floor, guests have their choice of two rear stairwells in addition to the main entry staircase, or use of the elevator that services the 1st, 2nd, and basement floors. The second level features two pairs of bedrooms with Jack-and-Jill baths as well as two spacious bedrooms with walk-in closets and ensuite baths, for a total of six bedrooms and four bathrooms on the second floor. The third floor features a private and sizable bedroom or office space with serene views of the surrounding woods. The lower level features theatre room, family room, two full baths connected to the pool by fourth stairwell, and private guest suite. The spacious suite can be accessed by private entrance and includes full kitchen, living room, two bedrooms and full bath, perfect for an extended family stay or live-in nanny. The home is complete with an incredible six car garage, additional storage area, and laundry rooms on the 1st, 2nd and basement level.
Last Agent to Sell the Property
Lenihan Sotheby's International Realty License #212298 Listed on: 05/15/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,712
Year Built
- Built in 1991
Parking
- 6 Car Attached Garage
- Side or Rear Entrance to Parking
- Driveway
Home Design
- Traditional Architecture
- Poured Concrete
- Shingle Roof
Interior Spaces
- 3-Story Property
- 4 Fireplaces
- Basement
Bedrooms and Bathrooms
- 10 Bedrooms
Outdoor Features
- Spa
- Tennis Courts
- Balcony
- Deck
- Porch
Utilities
- Forced Air Heating and Cooling System
Community Details
- Property has a Home Owners Association
- Estates Of Hunting Creek Subdivision
Listing and Financial Details
- Legal Lot and Block 0167 / 2608
- Assessor Parcel Number 260801670000
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 12, 2023
Closed on
Aug 30, 2023
Sold by
Grossfeld Stacie L and Grossfeld Karl David
Bought by
Palazzo Charles Dominic and Palazzo Michelle Deanne
Seller's Agent
David Yunker
RE/MAX Properties East
Buyer's Agent
David Yunker
RE/MAX Properties East
List Price
$2,700,000
Sold Price
$1,820,000
Premium/Discount to List
-$880,000
-32.59%
Total Days on Market
5
Views
1037
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,838
Avg. Annual Appreciation
3.14%
Original Mortgage
$1,729,000
Outstanding Balance
$1,698,559
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$223,141
Purchase Details
Listed on
May 15, 2018
Closed on
Jun 22, 2018
Sold by
Chennareddy Sudhakara and Chennareddy Santhi P
Bought by
Grossfeld Stacie L and Dockstader Karl
Seller's Agent
Jon Mand
Lenihan Sotheby's International Realty
Buyer's Agent
David Yunker
RE/MAX Properties East
List Price
$1,985,000
Sold Price
$1,780,000
Premium/Discount to List
-$205,000
-10.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.43%
Original Mortgage
$1,335,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 20, 2011
Sold by
Bullock Bettie Corum
Bought by
Chennareddy Sudhakara and Chennareddy Santhi P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 8, 2010
Sold by
Bullock Norman J and Bullock Bettie Corum
Bought by
Bullock Norman J and Bullock Bettie Corum
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.94%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,820,000 | None Listed On Document | |
| Warranty Deed | $1,780,000 | Mattingly Ford Title Svcs Ll | |
| Deed | $1,000,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,729,000 | New Conventional | |
| Previous Owner | $866,500 | New Conventional | |
| Previous Owner | $1,335,000 | New Conventional | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $803,700 | New Conventional | |
| Previous Owner | $800,000 | New Conventional | |
| Previous Owner | $417,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2023 08/30/23 | Sold | $1,820,000 | 0.0% | $124 / Sq Ft |
| 06/30/2023 06/30/23 | Price Changed | $1,820,000 | -2.7% | $124 / Sq Ft |
| 06/23/2023 06/23/23 | Price Changed | $1,870,000 | -2.6% | $128 / Sq Ft |
| 06/16/2023 06/16/23 | Price Changed | $1,920,000 | -1.3% | $131 / Sq Ft |
| 06/10/2023 06/10/23 | Price Changed | $1,945,000 | -1.3% | $133 / Sq Ft |
| 06/05/2023 06/05/23 | Price Changed | $1,970,000 | -1.3% | $135 / Sq Ft |
| 04/09/2023 04/09/23 | Price Changed | $1,995,000 | -9.1% | $136 / Sq Ft |
| 03/26/2023 03/26/23 | Price Changed | $2,195,000 | -15.4% | $150 / Sq Ft |
| 02/13/2023 02/13/23 | Price Changed | $2,595,000 | -3.9% | $177 / Sq Ft |
| 01/12/2023 01/12/23 | For Sale | $2,700,000 | +51.7% | $184 / Sq Ft |
| 06/22/2018 06/22/18 | Sold | $1,780,000 | -10.3% | $122 / Sq Ft |
| 05/20/2018 05/20/18 | Pending | -- | -- | -- |
| 05/15/2018 05/15/18 | For Sale | $1,985,000 | -- | $136 / Sq Ft |
Source: Metro Search (Greater Louisville Association of REALTORS®)
Tax History Compared to Growth
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 | $20,712 | $1,820,000 | $305,800 | $1,514,200 |
| 2023 | $21,169 | $1,828,050 | $305,800 | $1,522,250 |
| 2022 | $21,242 | $1,780,000 | $297,000 | $1,483,000 |
| 2021 | $22,337 | $1,780,000 | $297,000 | $1,483,000 |
| 2020 | $20,506 | $1,780,000 | $297,000 | $1,483,000 |
| 2019 | $20,093 | $1,780,000 | $297,000 | $1,483,000 |
| 2018 | $17,313 | $1,559,060 | $297,000 | $1,262,060 |
| 2017 | $16,362 | $1,559,060 | $297,000 | $1,262,060 |
| 2013 | $12,500 | $1,250,000 | $295,710 | $954,290 |
Source: Public Records
Agents Affiliated with this Home
-
David Yunker
-
Jon Mand
Seller's Agent in 2018
Jon Mand
Lenihan Sotheby's International Realty
(502) 822-0074
66 in this area
452 Total Sales
Map
Source: Metro Search (Greater Louisville Association of REALTORS®)
MLS Number: 1503315
APN: 260801670000
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