NOT LISTED FOR SALE

7116 River Rd Prospect, KY 40059

Estimated Value: $572,000 - $698,000

3 Beds
3.5 Baths
4,219 Sq Ft
$146/Sq Ft Est. Value

Last Sold August 05, 2019

Last sale price $465,000 $110 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,731/month

15 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • 1 Car Attached Garage
  • Norton Elementary School Rated A-
  • Porch
  • Patio

About This Home

As of August 2019

(Only 10 minutes from downtown) Craftsman style home is a must see to fully appreciate 7116 River Rd. OUTDOOR ENTERTAINING starts on the ROOF TOP DECK overlooking 1/2 ACRE FENCED back yard, a SPRAWLING COVERED BACK PORCH that looks out on the groomed grounds with a 30 HEAD IRRIGATION SYSTEM, a brand NEW HOT TUB is tucked away in privacy off to one side, a DINING/GRILLING AREA on the other side, and all of this is only 1/4 mile from Prospect shopping, dining and the BIKING/WALKING PATH. If you must go inside, you will find a COOKS KITCHEN with loads of GRANITE counter space, a high end GAS RANGE and a large window overlooks the expansive back yard. A bright family room is centered around a STONE FIRE PLACE and BUILT-IN BOOK SHELVES. A FULL BATH supports the first floor bedrooms and there is a half bath for guests that features an EXPOSED BRICK accent wall. Before you enter the master retreat, you will find a private den with a GLASS BLOCK FLOOR feature, plenty of room for furniture and a TV should you choose. The master is a retreat unto itself and is highlighted by two large closets and a MASTER BATH with a restored CLAW FOOT TUB, double bowl vanity, and a giant WALK-IN STEAM SHOWER. This home finishes with another full bath in the FINISHED lower level that highlights an expansive space for workout equipment, play area, or a great movie space for a growing family.

Last Agent to Sell the Property

Mark Stratton

EXP Realty LLC Listed on: 08/02/2019

Co-Listed By

Kyle Elmore

EXP Realty LLC

Last Buyer's Agent

Steven Ames

Keller Williams Realty- Louisville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,969

Year Built

  • Built in 1949

Lot Details

  • Wood Fence

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Transylvania Subdivision

Listing and Financial Details

  • Legal Lot and Block 0032 / 0205
  • Assessor Parcel Number 020500320000
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,969

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Cooling System: Central Air
  • Stories: 1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: Yes
  • Co List Office Phone: 888-624-6448
  • Subdivision Name: TRANSYLVANIA
  • Above Grade Finished Sq Ft: 2884.0
  • ResoBuildingAreaSource: Other
  • Full Bathroom Level: First
  • Half Bathroom Level: First
  • Primary Bathroom Level: Second
  • Primary Bedroom Level: Second
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Fencing Wood4: Yes
  • Lot Description:Wooded: Yes
  • Rooms:Sitting Room: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Bedroom Level: First
  • Dining Area Level: First
  • Family Room Level: Basement
  • Foyer Level: First
  • Great Room Level: First
  • Kitchen Level: First
  • Laundry Level: Basement
  • Sitting Room Level: Second
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1335.0
  • Fireplaces: 1
  • ResoLivingAreaSource: Other
  • Other Rooms:Family Room2: Yes
  • BasementFoundation:Poured Concrete: Yes
  • Other Rooms:Dining Area: Yes
  • Basement Finished: Yes
  • Other Rooms:Foyer: Yes

Exterior Features

  • Fencing: Wood
  • Roof: Other, Shingle
  • Acres: 0.71
  • Construction Type: Wood Frame
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Patio, Porch
  • Construction:Frame - Wood2: Yes
  • Patio and Porch Features:Porch2: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Off Street, Attached, Entry Front, Driveway
  • GarageParking:Attached: Yes
  • Garageparkingdriveway: Yes
  • GarageParking:Off-Street Parking: 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: No

Schools

  • Junior High Dist: Jefferson

Lot Info

  • Lot Size Sq Ft: 30927.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 020500320000
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1949

Tax Info

  • Tax Block: 0205
  • Tax Lot: 0032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2023
Sold by
White Rosalia
Bought by
Ledbetter Property Renovations Llc
Current Estimated Value
$616,561

Purchase Details

Listed on
Aug 2, 2019
Closed on
Aug 5, 2019
Sold by
Young Nichole B and Hackmiller Sue Ellen
Bought by
Ledbetter Phillip Michael T and Ledbetter Madeline Carol
Seller's Agent
Mark Stratton
EXP Realty LLC
Buyer's Agent
Steven Ames
Keller Williams Realty- Louisville
List Price
$469,000
Sold Price
$465,000
Premium/Discount to List
-$4,000
-0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$465,000
Interest Rate
3.73%
Mortgage Type
VA

Purchase Details

Listed on
Apr 14, 2017
Closed on
May 31, 2017
Sold by
Shoprek Grayson E
Bought by
Young Nichole B and Hackmiller Sue Ellen
Seller's Agent
Colleen Walker
Kentucky Select Properties
Buyer's Agent
Joseph Hayden
RE/MAX Properties East
List Price
$450,000
Sold Price
$445,500
Premium/Discount to List
-$4,500
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.98%
Original Mortgage
$356,400
Interest Rate
3.97%
Mortgage Type
New Conventional
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
Ledbetter Property Renovations Llc $6,500 --
Ledbetter Phillip Michael T $465,000 Millennial Title Llc
Young Nichole B $445,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ledbetter Phillip Michael T $465,000
Previous Owner Young Nichole B $356,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2019 08/05/19 Sold $465,000 -0.9% $110 / Sq Ft
06/08/2019 06/08/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $469,000 +5.3% $111 / Sq Ft
05/31/2017 05/31/17 Sold $445,500 -1.0% $103 / Sq Ft View Prior Sale
04/22/2017 04/22/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $450,000 -- $104 / 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 $5,969 $524,510 $40,000 $484,510
2023 $6,074 $524,510 $40,000 $484,510
2022 $6,095 $465,000 $35,000 $430,000
2021 $5,835 $465,000 $35,000 $430,000
2020 $5,357 $465,000 $35,000 $430,000
2019 $5,029 $445,500 $35,000 $410,500
2018 $4,947 $445,500 $35,000 $410,500
2017 $1,969 $187,610 $35,000 $152,610
2013 $1,834 $183,370 $25,000 $158,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search, Inc.

MLS Number: 1532966

Metro Search, Inc.

APN: 020500320000