NOT LISTED FOR SALE

7901 Farm Spring Dr Prospect, KY 40059

Estimated Value: $1,543,317 - $1,792,000

4 Beds
7 Baths
6,797 Sq Ft
$245/Sq Ft Est. Value

Last Sold April 01, 2014

Last sale price $1,000,000 $147 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $9,808/month

154 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Patio
  • Norton Elementary School Rated A-
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of April 2014

**** Motivated Sellers, entertaining all offers**** Elegant, Spacious and Impressive! This is the hallmark of an extraordinary home! Walk into a two story foyer with turned staircase with extensive millwork throughout. The dining room is flanked by a wall of windows overlooking a spectacular backyard. The Living room features a coffered ceiling and arched bookcases surrounding a gas fireplace with light streaming in from more windows. The gourmet kitchen offers Granite countertops, custom cabinets, Stainless Steel Appliances, an oversized central island, advantium microwave and a tremendous amount of work space. There?s a wall of custom cabinetry that separates the large eat-in kitchen and hearth room which features it?s own Fireplace and mantle. The laundry room, family powder room and garage are all of the kitchen and hearth room making it truly the heart of the home. There is even a side entry that opens directly into the laundry room (with planning desk). The luxurious master suite features a triple tray barrel ceiling and has ample room for a sitting area. French doors lead to a private porch. The master bath will literally knock your socks off! It has two vanities, a separate shower (with body washers) and Jacuzzi style tub, as well as his and her closets outfitted with California style shelving. All the bedrooms upstairs are large and have their own private full baths. One even has a bonus room for study or play! An oak staircase leads to an expansive lower level. The huge family room has several areas for everything from a pool table to games area. There?s also a wet bar with fridge and wine cooler! Another room off the lower family room can be used as a media room. On the other side of the lower level there?s a home office with Brazilian cherry floors and built-in cabinetry! Another room in the basement currently being used as a bedroom and there?s also a full bath! The WOW factor continues outside with the perfect place for entertaining. The grand covered porch with stamped concrete flooring stretches across the back of the house and opens onto the large flat backyard, and a patio complete with a fireplace

Last Agent to Sell the Property

Bob Sokoler

RE/MAX Properties East Brokerage Phone: (502) 376-5483 License #206702 Listed on: 10/01/2013

Last Buyer's Agent

Cheryl Fusselman

RE/MAX Metro

Home Details

Home Type

  • Single Family

Lot Details

  • 0.75

Parking

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

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • Spring Farm Subdivision

Listing and Financial Details

  • Legal Lot and Block 0022 / 3649
  • Assessor Parcel Number 3649-0022-0000

Home Details

Home Type

Single Family

Lot Details

0

Parking

3

Listing Details

  • Cooling System: Central Air
  • Stories: 2
  • Lot Dimensions: <= 1 ACRE
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Attribution Contact: (502) 376-5483
  • Garage Yn: Yes
  • Subdivision Name: SPRING FARM
  • Above Grade Finished Sq Ft: 4563.0
  • Architectural Style: Traditional
  • ResoBuildingAreaSource: Appraiser
  • Dining Room Level: First
  • Full Bathroom Level: Second
  • Half Bathroom Level: First
  • Rooms:Living Room5: Yes
  • Primary Bathroom Level: First
  • Primary Bedroom Level: First
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Architectural Style Traditional: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Partially Finished
  • Bedroom Level: Second
  • Great Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Other Level: Basement
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2234.0
  • ResoLivingAreaSource: Appraiser
  • BasementFoundation:Poured Concrete: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Fencing: None
  • Roof: Shingle
  • Acres: 0.75
  • Construction Type: Wood Frame, Brick, Stone
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Patio, Porch
  • Construction:Brick3: Yes
  • Construction:Frame - Wood2: Yes
  • Construction:Stone3: Yes
  • Patio and Porch Features:Porch2: Yes

Garage/Parking

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

Utilities

  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Lot Info

  • Lot Size Sq Ft: 32670.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 3649-0022-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 3649
  • Tax Lot: 0022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2013
Closed on
Apr 1, 2014
Sold by
Connor Sean T O and Connor Therese A O
Bought by
Allison Wes A and Allison Angela
Seller's Agent
Bob Sokoler
RE/MAX Properties East
Buyer's Agent
Cheryl Fusselman
RE/MAX Metro
List Price
$1,150,000
Sold Price
$1,000,000
Premium/Discount to List
-$150,000
-13.04%
Current Estimated Value
$1,663,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$663,772
Avg. Annual Appreciation
4.40%
Original Mortgage
$900,000
Outstanding Balance
$678,668
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$985,104

Purchase Details

Closed on
Jul 27, 2007
Sold by
Giesselman Kurt M and Giesselman Janet P
Bought by
Giesselman Janet and Janet Giesselman Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,612
Interest Rate
6.71%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Allison Wes A $1,000,000 Rounsavall Title
Giesselman Janet -- None Available
Giesselman Kurt M $1,250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allison Wes A $900,000
Previous Owner Giesselman Kurt M $559,612
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2014 04/01/14 Sold $1,000,000 -13.0% $147 / Sq Ft
03/04/2014 03/04/14 Pending -- -- --
10/01/2013 10/01/13 For Sale $1,150,000 -- $169 / 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
2025 $14,030 $1,257,210 $168,000 $1,089,210
2024 $14,307 $1,257,210 $168,000 $1,089,210
2023 $14,559 $1,257,210 $168,000 $1,089,210
2022 $14,609 $1,228,520 $200,000 $1,028,520
2021 $15,417 $1,228,520 $200,000 $1,028,520
2020 $14,153 $1,228,520 $200,000 $1,028,520
2019 $13,868 $1,228,520 $200,000 $1,028,520
2018 $13,643 $1,228,520 $200,000 $1,028,520
2017 $12,893 $1,228,520 $200,000 $1,028,520
2013 $12,225 $1,222,500 $164,500 $1,058,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search, Inc.

MLS Number: 1372866

Metro Search, Inc.

APN: 364900220000