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5511 Forest Lake Dr, Prospect, KY, 40059

$249,900

Home List Price

$2,968*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,455 SqFt
$172/SqFt
Condo

Location

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5511 Forest Lake Dr, Prospect$249,900

Buyer Closing Credits

$2,968*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached
Attached Garage2 spaces
Year Built1985
HeatingForced Air, Heat Pump
CoolingCentral Air
BasementYes
MLS #1675117
StatusActive

About 5511 Forest Lake Dr

If a vacation lifestyle is what you want, this one is for you. The premium amenities include a private marina and boat docks, clubhouse, pool, tennis court and a sauna/steam room. This lovely condo first floor features many gorgeous solid wood kitchen cabinets, Corian countertops, nice appliances, a half bath, nice sized living and dining area and a private balcony. The second floor features two private suites with each including a private full bath and one with a private balcony, a second floor laundry area completes this floor. The basement includes a nice sized room with a wall of closets and entrance to the large two car garage where a wall of shelving remains.

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Stories: 2
  • Living Area: 1,455 SqFt

Listing Office:

  • Office Name: Realty 502

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Tennis Court, Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: East on Hwy 42 to left on Marina Dr (The Harbor entrance) to immediate left on Forest Lake Dr to property on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,900
  • Price Per SqFt: $172/SqFt

Tax Information:

  • Annual Amount: $1,448
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Prospect, KY.

Med. Sold Price

$653K

Med. Price/SqFt

$240

# of Sold Homes

40

5511 Forest Lake Dr vs Prospect

3 DAYS ON ROCKET

$249,900

-$403.1K Less

$172/SqFt

-$69 Less

KEY TAKEAWAY

This property is $403.1K less than the Median Sold Price and $69/SqFt less than other homes in Prospect, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
  • MLS Number: #1675117

Listing Office:

  • Office Name: Realty 502

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 6:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 20, 2017Home Sold
$165,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,448$165,000
2019$1,418$165,000
2018$1,102$165,000
2017$1,102$142,590

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-201266
9
/10
  • Norton Elementary School

  • 8101 Brownsboro Rd

  • 2.59 miles

  • Public District Grades KG-5

school-card-donut-201267
7
/10
  • Utica Elementary School

  • 210 Maplehurst Dr

  • 3.13 miles

  • Public District Grades PK-5

school-card-donut-201268
5
/10
  • Dunn Elementary School

  • 2010 Rudy Ln

  • 3.28 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $113,603. Typical income of Prospect, KY residents is between $35k-100k annually. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5511 Forest Lake Dr

What is the listing price of this property?

The listing price of 5511 Forest Lake Dr property is $249,900.

What type of property is this?

The property 5511 Forest Lake Dr is a condo located in Prospect, Kentucky, 40059.

Is this property for sale now?

Active Listing: 5511 Forest Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,448 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 20, 2017 for $165,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5511 Forest Lake Dr has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5511 Forest Lake Dr is 1,455 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5511 Forest Lake Dr is 1985.

Rocket HomesKentuckyJefferson CountyProspect400595511 Forest Lake Dr

This home is located at 5511 Forest Lake Dr in Prospect, KY and zip code 40059. This 1,455 square foot home was built in 1985. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 17, 2024 and is currently priced at $249,900.

In October 2024 more than 8 listings in Prospect, KY were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 25 were sold below. In October 2024 in Prospect, KY there were 1.6% more homes for sale than in September 2024.

From Rocket Homes Real Estate and based on county public records data.

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