7312 River Rd Prospect, KY 40059
Estimated Value: $492,000 - $1,850,000
4
Beds
2
Baths
1,540
Sq Ft
$805/Sq Ft
Est. Value
About This Home
This home is located at 7312 River Rd, Prospect, KY 40059 and is currently estimated at $1,240,333, approximately $805 per square foot. 7312 River Rd is a home located in Jefferson County with nearby schools including Wilder Elementary School, Dunn Elementary School, and Norton Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 14, 2025
Sold by
Wescott Development Llc
Bought by
Lodges Of Prospect Wd Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,679,000
Outstanding Balance
$8,310,989
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$7,070,656
Purchase Details
Closed on
Jun 16, 2025
Sold by
Mayfair Development Llc
Bought by
Wescott Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,679,000
Outstanding Balance
$8,310,989
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$7,070,656
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lodges Of Prospect Wd Llc | -- | None Listed On Document | |
| Lodges Of Prospect Wd Llc | -- | None Listed On Document | |
| Wescott Development Llc | $1,800,000 | None Listed On Document | |
| Wescott Development Llc | $1,800,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wescott Development Llc | $8,679,000 | |
| Closed | Wescott Development Llc | $8,679,000 |
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 |
|---|---|---|---|---|
| 2025 | $4,464 | $400,000 | $400,000 | $0 |
| 2024 | $4,552 | $400,000 | $400,000 | $0 |
| 2023 | $4,632 | $400,000 | $390,000 | $10,000 |
| 2022 | $4,648 | $199,400 | $77,230 | $122,170 |
| 2021 | $2,502 | $199,400 | $77,230 | $122,170 |
| 2020 | $2,297 | $199,400 | $77,230 | $122,170 |
| 2019 | $2,251 | $199,400 | $77,230 | $122,170 |
| 2018 | $2,214 | $199,400 | $77,230 | $122,170 |
| 2017 | $2,093 | $199,400 | $77,230 | $122,170 |
| 2013 | $2,000 | $200,000 | $82,240 | $117,760 |
Source: Public Records
Map
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