NOT LISTED FOR SALE

7913 Farm Spring Dr Prospect, KY 40059

Estimated Value: $1,555,000 - $2,186,849

5 Beds
8 Baths
8,010 Sq Ft
$230/Sq Ft Est. Value

Last Sold July 22, 2013

Last sale price $1,200,000 $150 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $10,964/month

114 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • Porch
  • Norton Elementary School Rated A-
  • 2 Fireplaces
  • 3 Car Attached Garage

About This Home

As of July 2013

Not often do we see a house with such thoughtful planning, precise proportions and an overall spectacular use of every square foot. This is the one! Entering through the front doors of this Penny Love designed/built masterpiece, you will see the attention to detail from floor to ceiling. The foyer is flanked by the formal living room, which has a beautiful coffered ceiling, fireplace and the spacious formal dining room with french doors to the patio for wonderful entertaining flow. The great room is the family nerve center of the house connecting formal and casual living. With a fireplace and flanking bookshelves and also open to the gourmet kitchen, the great room has picturesque views of the newly installed heated saltwater pool, terrace and lovely plantings. The kitchen is a gourmet chef's dream with a tremendous island and high quality appliances. Granite and solid wood counter tops. Appliances include Thermador: stainless professional range has 6 burners plus a griddle, french door built in refrigerator/freezer with cabinet front and warming drawer. GE Monogram stainless Advantium oven, Bosch stainless dishwasher, built-in wine cooler and ice maker too! Farm sink, prep sink, planning desk and large area for a kitchen table complete this top of the line custom kitchen. Just outside of the kitchen you will find a large pantry with plentiful shelving, butler's pantry/serving area, 1 of the 2 half baths on the first floor, laundry room with sink and built-in ironing board, mud room storage area and access to the 3 car garage. The splendid first floor master bedroom has beautiful views and connects with a gorgeously detailed master bath with dual vanities, soaking tub, shower with rain head/traditional shower head not to mention his and hers fitted closets. 3 additional bedrooms with en suite baths upstairs- 2 with separate play or study rooms and all with large closets. The lower level has 2 large family/play room areas, work out room, office, 1/2 bath and another bedroom with egress to the outside, sitting area and full bath with multi jet shower spray system. Gym and Swim installed pool with a completion date of May 2012- heated, salt water, sand-filtered with extra money spent for ease of maintenance/cleaning with state of the art system and Loop Lock cover for safety. New outdoor fireplace with gas starter, landscaping and fencing 2012. Custom mill work throughout, hardwood floors, irrigation system, gas grill hookup on terrace, wired for sound with built in speakers on main floor. Built-in back-up GENERATOR.

Last Agent to Sell the Property

Elizabeth Boland

Skelton Company REALTORS License #190798 Listed on: 02/04/2013

Last Buyer's Agent

Gwen Killion

Century 21 Joe Guy Hagan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,622

Lot Details

  • Property is Fully Fenced

Parking

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

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • In Ground Pool
  • 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 0038 / 3649
  • Assessor Parcel Number 3649-0038-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,622

Lot Details

0

Parking

3

Listing Details

  • Cooling System: Central Air
  • Stories: 2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: Yes
  • ResoPoolFeatures: In Ground
  • Subdivision Name: SPRING FARM
  • Above Grade Finished Sq Ft: 5275.0
  • Architectural Style: Traditional
  • Utilities Electricity Connected: Yes
  • 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
  • Pool Features In Ground: Yes
  • Architectural Style Traditional: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished
  • Fireplaces Level 1: 2
  • Bedroom Level: Second
  • Family Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Office Level: Basement
  • Other Level: Basement
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2735.0
  • Fireplaces: 2
  • Total Bedrooms: 21
  • Other Rooms:Family Room2: Yes
  • BasementFoundation:Poured Concrete: Yes
  • Basement:Partially Finished: Yes
  • Other Rooms:Office: Yes

Exterior Features

  • Fencing: Full
  • Roof: Shingle
  • Acres: 1.06
  • Construction Type: Wood Frame
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Porch
  • Exterior Features:Fencing - Full: Yes
  • Construction:Frame - Wood2: Yes
  • Patio and Porch Features:Porch2: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Entry Side
  • General Property Description:Garage Spaces: 3
  • 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

Lot Info

  • Lot Size Sq Ft: 46156.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 3649-0038-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 3649
  • Tax Lot: 0038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2013
Closed on
Jul 22, 2013
Sold by
Tway William T and Tway Kaye
Bought by
Cunanan Stephen R and Cunanan Ellen M
Seller's Agent
Elizabeth Boland
Skelton Company REALTORS
Buyer's Agent
Gwen Killion
Century 21 Joe Guy Hagan
List Price
$1,375,000
Sold Price
$1,200,000
Premium/Discount to List
-$175,000
-12.73%
Current Estimated Value
$1,764,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$564,658
Avg. Annual Appreciation
3.05%
Original Mortgage
$700,000
Outstanding Balance
$502,334
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,221,489

Purchase Details

Closed on
Nov 10, 2010
Sold by
Tway Gail B
Bought by
Tway William T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$669,500
Interest Rate
4.58%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 14, 2007
Sold by
Design Innovations Inc
Bought by
Tway Gail B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
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
Cunanan Stephen R $1,200,000 None Available
Tway William T $940,000 None Available
Tway Gail B $1,257,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cunanan Stephen R $700,000
Previous Owner Tway Ii William T $914,000
Previous Owner Tway Ii William T $100,000
Previous Owner Tway Ii William T $669,500
Previous Owner Tway Gail B $365,000
Previous Owner Tway William $399,300
Previous Owner Tway William $400,000
Previous Owner Tway Gail B $1,000,000
Previous Owner Design Innovations Inc $920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2013 07/22/13 Sold $1,200,000 -12.7% $150 / Sq Ft
05/29/2013 05/29/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $1,375,000 -- $172 / Sq Ft
Source: Metro Search (Greater Louisville Association of REALTORS®)

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 $15,622 $1,372,730 $184,450 $1,188,280
2023 $15,896 $1,372,730 $184,450 $1,188,280
2022 $15,951 $1,319,120 $204,760 $1,114,360
2021 $16,554 $1,319,120 $204,760 $1,114,360
2020 $15,196 $1,319,120 $204,760 $1,114,360
2019 $14,890 $1,319,120 $204,760 $1,114,360
2018 $14,649 $1,319,120 $204,760 $1,114,360
2017 $13,844 $1,319,120 $204,760 $1,114,360
2013 $12,579 $1,257,900 $169,500 $1,088,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search (Greater Louisville Association of REALTORS®)

MLS Number: 1351175

Metro Search (Greater Louisville Association of REALTORS®)

APN: 364900380000