NOT LISTED FOR SALE

7516 River Rd Prospect, KY 40059

Estimated Value: $251,000 - $283,000

3 Beds
1.5 Baths
1,338 Sq Ft
$200/Sq Ft Est. Value

Last Sold July 10, 2019

Last sale price $170,000 $127 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,598/month

2 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Porch
  • Norton Elementary School Rated A-
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2019

This bungalow charmer in a great location of Prospect is easily accessible to schools, highways and downtown. This former rental is a great investment option for those looking to have rental property. Bungalow Charm with screened front porch and living room as you enter. Kitchen has lots of cabinet space and dining room charm gives lots of great first floor living. Settled on a .39 acre lot there is a great detached 2 car garage for cars or hobby space. The 2nd floor has 3 bedrooms, most are a good size and the Full Bath off of the hallway has 1922 charms and finishes. Please see attached list of any updates or maintenance updated by seller. House is not in a flood plain, see attached cert.

Last Agent to Sell the Property

Kelly Smith

Semonin Realtors License #212725 Listed on: 05/29/2019

Semonin Realtors

Last Buyer's Agent

Matt Fowler

Semonin Realtors License #219874

Semonin Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 0.39

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,338 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 0014 / 0201
  • Assessor Parcel Number 020100140018
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Cooling System: Central Air, Heat Pump
  • Stories: 2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: Yes
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 1338.0
  • Architectural Style: Bungalow
  • ResoBuildingAreaSource: Other
  • Dining Room Level: First
  • Full Bathroom Level: Second
  • Half Bathroom Level: First
  • Rooms:Living Room5: Yes
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Lot Description:Wooded: Yes
  • Sewer:Public Sewer: Yes
  • Architectural Style Bungalow: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Unfinished
  • Bedroom Level: Second
  • Kitchen Level: First
  • Laundry Level: Basement
  • Living Room Level: First
  • Other Level: First
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • ResoLivingAreaSource: Other
  • BasementFoundation:Poured Concrete: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Fencing: None
  • Roof: Shingle
  • Acres: 0.39
  • Construction Type: Stucco
  • Foundation Details: Crawl Space, Poured Concrete
  • Patio And Porch Features: Porch
  • Construction:Stucco2: Yes
  • Patio and Porch Features:Porch2: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: No
  • Parking Features: Detached
  • GarageParking:Detached: Yes

Utilities

  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 16988.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 020100140018
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1922

Tax Info

  • Tax Block: 0201
  • Tax Lot: 0014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2019
Closed on
Jul 11, 2019
Sold by
Phipps James Clay and Phipps James
Bought by
Phipps Gerald T and Phipps Patricia A
Seller's Agent
Kelly Smith
Semonin Realtors
Buyer's Agent
Matt Fowler
Semonin Realtors
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Current Estimated Value
$276,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,719
Avg. Annual Appreciation
7.18%
Original Mortgage
$136,000
Outstanding Balance
$118,378
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$149,381

Purchase Details

Closed on
Sep 30, 2016
Sold by
Pfiefer Chad and Pfiefer Katie E
Bought by
Phipps James and Phipps Gerrald T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,815
Interest Rate
3.43%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2008
Sold by
Woodring Paul J and Woodring Katherine J
Bought by
Pfeifer Chad and Hurley Katie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,351
Interest Rate
6.31%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 5, 2005
Sold by
Papps Annette
Bought by
Woodring Paul J and Woodring Katherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,800
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Phipps Gerald T $170,000 Bluegrass Title Services
Phipps James $164,800 None Available
Pfeifer Chad $158,000 Real Estate Title
Woodring Paul J $142,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phipps Gerald T $136,000
Previous Owner Phipps James $161,815
Previous Owner Pfeifer Chad $152,351
Previous Owner Woodring Paul J $127,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2019 07/10/19 Sold $170,000 -2.9% $127 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
05/29/2019 05/29/19 For Sale $175,000 -- $131 / Sq Ft
Source: Metro Search, Inc.

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 $1,900 $170,240 $33,250 $136,990
2024 $1,937 $170,240 $33,250 $136,990
2023 $1,971 $170,240 $33,250 $136,990
2022 $1,978 $170,000 $35,000 $135,000
2021 $2,133 $170,000 $35,000 $135,000
2020 $1,958 $170,000 $35,000 $135,000
2019 $1,860 $164,800 $25,000 $139,800
2018 $1,830 $164,800 $25,000 $139,800
2017 $1,730 $164,800 $25,000 $139,800
2013 $1,580 $158,000 $22,000 $136,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search, Inc.

MLS Number: 1533342

Metro Search, Inc.

APN: 020100140018