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3703 River Farm Cove

3703 River Farm Cove, Prospect, KY 40059
House in Prospect
Sold Oct 12, 2021
$1,000,000
$800,000 by Ally Bank Corp
Mortgage Due Nov 01, 2051
3703 River Farm Cove in Prospect, KY was first built in 2005 and is 19 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 14 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 6 partial bathrooms. 3703 River Farm Cove has 6,620 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 3,199 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 130,592 square feet.

Learn more about the property and building on this page. There is a patio. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 568 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3703 River Farm Cove was last sold in Oct 8, 2021 for $1,000,000. According to our calculations, that's $151.06 per sqft. Current property owners are expected to pay $12,404 in taxes per year. The property on 3703 River Farm Cove was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,000,000. To break that down further, the land itself was valued at $265,000. While improvements to the property were assessed at a total of $735,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 14
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 3,199
  • Garage Type: Attached
  • Garage Square Area: 568
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 130,592
  • Lot Size Frontage Feet: 0
  • Total Building Area: 6,620
  • Building Area: 6,620
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 6,620
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RIVER GLEN
  • Land Acres: 2.998
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOUSE & 2.998 AC

Ownership

  • Current Owner : CONTRACTOR SOHAIL G
  • Current Owner 2: CONTRACTOR SARAH
  • Previous Owner : KHAN RIZWAN N
  • Previous Owner 2: KHAN FARHAT R
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Account Number: 67460
  • Parcel: 02-04-00-2
  • Lot: 2
  • Municipality: NORTH OLDHAM FD
  • Latitude: 38.3699
  • Longitude: -85.6175

    Address

  • Full Address: 3703 River Farm Cv
  • Address - House Number: 3703
  • Address - Street Name: River Farm
  • Address - Suffix Type: Cv
  • State: KY
  • City Name: Prospect
  • Carrier Code: R008
  • 4-Digit Zip Code: 8040
  • Zip Code: 40059

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,404
  • Tax Rate Code Area: 14

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 77
  • Final Value: 1,200,978
  • High Value: 1,412,792
  • Low Value: 989,163

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $800,000
  • First Open Lien Mortgage Lender: ALLY BANK CORP
  • First Open Lien Mortgage Recording Date: Oct 12, 2021
  • First Open Lien Mortgage Loan Amount: $800,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $1,000,000
  • Market Land Value: $265,000
  • Market Improvement Value: $735,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,000,000
  • Assessed Land Value: $265,000
  • Assessed Improvements Value: $735,000

    Sales

  • Current Sale Contract Date: Oct 08, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Transaction ID: 11859356500
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 659455

    Last Sale Mortgage

  • First Mortgage Lender: ALLY BANK CORP
  • First Mortgage Transaction Date: Oct 12, 2021
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

About Prospect



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Nearby Rentals

Unit for rent at 15 Harrods Landing Dr, Prospect, KY, 40059

$2,750 /mo

  • 4 Beds
  • 2.5 Baths
  • 3,025 ft²
15 Harrods Landing Dr, Prospect, KY, 40059 Listing by Remire Heinze

Frequently Asked Questions

What neighborhood is 3703 River Farm Cove located in?
The 3703 River Farm Cove is a house located in the neighborhood of Prospect in Prospect, Prospect.
What is the average sales price for listings in 3703 River Farm Cove?
The average sales price for units in 3703 River Farm Cove is $0 currently.

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