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1500 Riverside Drive

1500 Riverside Drive, Prospect, KY 40059
Property in Prospect
Sold Nov 17, 2021
$612,500
$612,500 by Republic Bank & Trust Co
Mortgage Due Dec 01, 2051
1500 Riverside Drive has been categorized by the local assessors in Prospect, KY as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1500 Riverside Drive has 2,730 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,227 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. The garage measured 1,365 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a patio. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The roof of the building is made of composition shingle. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. Finally, the property is currently sourcing its water from a water system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1500 Riverside Drive sold most recently in Nov 15, 2021 for a total of $612,500. If you work out the math, that's approximately a cost of $224.36 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,617 in taxes each year. 1500 Riverside Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $612,500. If we break it down further, the land itself was valued at $100,000. Improvements to the property, however, were assessed at a total of $512,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Garage Square Area: 1,365
  • Parking Space Count: 3
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 9,227
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,730
  • Building Area: 2,730
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,730
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HARMONY VILLAGE
  • Land Acres: 0.211
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOUSE & LOT (50' RIVER FRONTAGE)

Ownership

  • Current Owner : SPERRY CHRISTOPHER LYNN
  • Current Owner 2: SPERRY TRISHA ANNE
  • Previous Owner : WILLIS JAMES H
  • Previous Owner 2: WILLIS MARY P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oldham County School District
  • Census Tract: 030801

Geography

  • Account Number: 67747
  • Parcel: 01-01A-00-15
  • Lot: 15
  • Municipality: NORTH OLDHAM FD
  • Latitude: 38.4033
  • Longitude: -85.6207

    Address

  • Full Address: 1500 Riverside Dr
  • Address - House Number: 1500
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: KY
  • City Name: Prospect
  • Carrier Code: R008
  • 4-Digit Zip Code: 9065
  • Zip Code: 40059

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,617
  • Tax Rate Code Area: 14

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 77
  • Final Value: 747,951
  • High Value: 879,866
  • Low Value: 616,036

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $612,500
  • First Open Lien Mortgage Lender: REPUBLIC BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Nov 17, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $612,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $612,500
  • Market Land Value: $100,000
  • Market Improvement Value: $512,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $612,500
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $512,500

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Nov 17, 2021
  • Current Sale Transaction ID: 11868351402
  • Current Sale Price: $612,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 666071

    Last Sale Mortgage

  • First Mortgage Lender: REPUBLIC BANK & TRUST CO
  • First Mortgage Transaction Date: Nov 17, 2021
  • First Mortgage Loan Amount: $612,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Prospect



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Frequently Asked Questions

What neighborhood is 1500 Riverside Drive located in?
The 1500 Riverside Drive is a located in the neighborhood of Prospect in Prospect, Prospect.
What is the average sales price for listings in 1500 Riverside Drive?
The average sales price for units in 1500 Riverside Drive is $0 currently.

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