NOT LISTED FOR SALE

7814 Farm Spring Dr Prospect, KY 40059

Prospect Area

Estimated Value: $1,779,000 - $2,352,000

4 Beds
8 Baths
9,248 Sq Ft
$232/Sq Ft Est. Value

Sale Details

Date Sold: September 27, 2017

Last sale price $1,200,000 $130 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $13,189 / mo

288 Days on Market

Highlights

  • 2 Fireplaces
  • No HOA
  • Brick Veneer
  • Norton Elementary School Rated A-
  • 3 Car Attached Garage
  • Patio

About This Home

As of September 2017

This distinctive home was custom designed and built by Penny Love in sought after Spring Farm Place. This home is distinguished by the elegant elements of an older home blended with the desirable amenities of newer construction. Attention to detail is evident throughout the home, beginning in the entry hall featuring a hand painted mural of a pastoral country scene, brightened by a stunning barrel vaulted ceiling. Arched openings and windows sustain the elegant ambiance throughout the formal living and dining rooms. Mahogany stained wood paneling decorates a two story drawing room/study affording a glimpse of the neighborhood lake. Gracious outdoor living and entertaining is a highlight of this home, enjoy relaxing on the expansive covered veranda with outdoor stone fireplace and a wonderful view of classic Kentucky countryside. Stairs from this veranda lead up a charming sunroom and the adjoining family room featuring a 10 foot coffered ceiling plus traditional stone fireplace as the focal point. The adjoining kitchen and dining area are beautifully rendered with granite topped custom cabinets, stainless steel deluxe appliances, exquisite tile work, and small crystal chandeliers lighting the central island. A butler's pantry provides bar service area between the kitchen and formal dining room. The luxurious first floor master suite offers a spa-like respite complete with plantation shutters, surround sound stereo, a walking closet with divided chambers, and a soothing bath area offering dual vanities, a dressing table, soaking tub, and shower. Practical elements for a busy family include a work room just behind the kitchen with dual work stations and shelves, a spacious first floor laundry room, and a mudroom with cubbies for backpacks and shoes. The second floor includes three generous sized bedrooms all with en suite baths, and an upstairs bonus room with access to a private balcony area lined with bookshelves overlooking the drawing room below. The expansive walkout lower level extends the informal living and recreation area complete with a second kitchen area, craft room, flexible rooms for living or entertaining, a full bath, access to the three car garage, and access to an outdoor patio area.

Last Agent to Sell the Property

Nell Pearce Bradley

Lenihan Sotheby's Int'l Realty License #181106 Listed on: 10/21/2016

Last Buyer's Agent

Terri Bass

Lenihan Sotheby's Int'l Realty License #213930

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 0.96

Parking

  • 3 Car Attached Garage
  • Side or Rear Entrance to Parking

Home Design

  • Brick Veneer
  • Poured Concrete
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio

Utilities

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

Community Details

  • No Home Owners Association
  • Spring Farm Place Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0.96 Acres

Parking

3

Listing Details

  • Cooling System: Central Air
  • Stories: 2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: Yes
  • Subdivision Name: SPRING FARM PLACE
  • Above Grade Finished Sq Ft: 6500.0
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electricity Connected: Yes
  • Dining Room Level: First
  • Rooms:Living Room5: Yes
  • Primary Bedroom Level: First
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Partially Finished, Walkout Part Fin
  • Bedroom Level: Second
  • Craft/Hobby Room Level: Basement
  • Family Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Office Level: Basement
  • Other Level: First
  • Study Level: First
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2748.0
  • Fireplaces: 2
  • ResoLivingAreaSource: Appraiser
  • Other Rooms:Family Room2: Yes
  • BasementFoundation:Poured Concrete: Yes
  • Basement:Partially Finished: Yes
  • Other Rooms:Office: Yes
  • Other Rooms:Study: Yes

Exterior Features

  • Fencing: None
  • Roof: Shingle
  • Acres: 0.96
  • Construction Type: Brick Veneer, Brick, Stone
  • Exterior Features: See Remarks
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Patio
  • Construction:Brick3: Yes
  • Construction:Stone3: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Entry Side
  • GarageParking:Attached: Yes

Utilities

  • Utilities: Electricity Connected, Fuel:Natural
  • 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: 41817.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 0
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 2008

Tax Info

  • Tax Block: 0
  • Tax Lot: 11

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2016
Closed on
Sep 27, 2017
Sold by
Bought by
Seller's Agent
Nell Pearce Bradley
Lenihan Sotheby's Int'l Realty
Buyer's Agent
Terri Bass
Lenihan Sotheby's Int'l Realty
List Price
$1,795,000
Sold Price
$1,200,000
Premium/Discount to List
-$595,000
-33.15%
Current Estimated Value
$2,149,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$949,561
Avg. Annual Appreciation
6.76%
Original Mortgage
$960,000
Interest Rate
2.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 7, 2011
Sold by
Bought by

Purchase Details

Closed on
Dec 8, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 27, 2005
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Prospect, KY

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,200,000 Limestone Title & Escrow Llc
-- Limestone Title & Escrow Llc
$1,600,000 None Available
-- None Available
$320,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $700,000
Closed $960,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/27/2017 09/27/17 Sold $1,200,000 -14.0% $130 / Sq Ft
08/05/2017 08/05/17 Pending -- -- --
06/28/2017 06/28/17 Price Changed $1,395,000 -6.7% $151 / Sq Ft
06/01/2017 06/01/17 Price Changed $1,495,000 -16.7% $162 / Sq Ft
10/21/2016 10/21/16 For Sale $1,795,000 -- $194 / Sq Ft
Source: Metro Search, Inc.

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,765 $1,502,240 $175,000 $1,327,240
2024 $17,095 $1,502,240 $175,000 $1,327,240
2023 $17,396 $1,502,240 $175,000 $1,327,240
2022 $17,456 $1,200,000 $200,000 $1,000,000
2021 $15,059 $1,200,000 $200,000 $1,000,000
2020 $13,824 $1,200,000 $200,000 $1,000,000
2019 $13,546 $1,200,000 $200,000 $1,000,000
2018 $13,326 $1,200,000 $200,000 $1,000,000
2017 $17,891 $1,704,740 $200,000 $1,504,740
2013 $16,000 $1,600,000 $370,000 $1,230,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search, Inc.

MLS Number: 1460974

Metro Search, Inc.

APN: 364900110000

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