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Backup Offers

5527 Forest Lake Dr, Prospect, KY, 40059

$269,000

Home List Price

$3,194*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,749 SqFt
$154/SqFt
Condo

Location

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5527 Forest Lake Dr, Prospect$269,000

Buyer Closing Credits

$3,194*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDetached
Garage1 space
Year Built1982
HeatingElectric, Heat Pump
CoolingCentral Air
MLS #1673595
StatusAccepting Backup Offers
(Active Under Contract)

About 5527 Forest Lake Dr

Welcome to 5527 Forest Lake Drive, a stunning townhouse condo nestled in the serene Harbor at Harrods Creek community of Prospect, KY. Perfect for families, individuals, and couples who yearn for a tranquil river lifestyle, this property offers an idyllic setting combined with luxury living. Featuring 3 cozy bedrooms, including a spacious primary suite, and 2.5 well-appointed baths, this townhouse promises comfort and privacy for all residents. The heart of the home is a large family room, complete with a warming fireplace, perfect for entertaining or simply unwinding after a day on the water. Step outside onto your enclosed porch and enjoy a peaceful wooded view, fostering a sense of retreat and relaxation. Embrace a host of premium amenities such as a refreshing pool, private marina, and dock for your boat, alongside a welcoming clubhouse, tennis court, and sauna/steam room.

Property Details

Property Features

Property Information:

  • Year Built: 1982
  • Stories: 2
  • Living Area: 1,749 SqFt

Listing Office:

  • Office Name: The Agency Louisville

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Tennis Court, Creek, Lake

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: HWY 42 towards Prospect, left on Marina Dr, left on Forest Lake

Price Information

Listing Price Info

Price Summary:

  • List Price: $269,000
  • Price Per SqFt: $154/SqFt

HOA Fees:

  • Amount: $5522
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,792
  • 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

5527 Forest Lake Dr vs Prospect

29 DAYS ON ROCKET

$269,000

-$384K Less

$154/SqFt

-$87 Less

KEY TAKEAWAY

This property is $384K less than the Median Sold Price and $87/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: #1673595

Listing Office:

  • Office Name: The Agency Louisville

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: 11/23/2024, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,792$155,520
2019$1,755$155,520
2018$1,632$155,520
2017$1,632$155,520

History based on county public records data.

Payment Calculator

$1,870

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$873

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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-925854
9
/10
  • Norton Elementary School

  • 8101 Brownsboro Rd

  • 2.55 miles

  • Public District Grades KG-5

school-card-donut-925855
7
/10
  • Utica Elementary School

  • 210 Maplehurst Dr

  • 3.18 miles

  • Public District Grades PK-5

school-card-donut-925856
5
/10
  • Dunn Elementary School

  • 2010 Rudy Ln

  • 3.27 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. The majority of Prospect, KY residents have income between $35k-100k annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5527 Forest Lake Dr

What is the listing price of this property?

The listing price of 5527 Forest Lake Dr property is $269,000.

What type of property is this?

The property 5527 Forest Lake Dr is a condo located in Prospect, Kentucky, 40059.

Is this property for sale now?

Accepting Backup Offers: 5527 Forest Lake Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,792 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5527 Forest Lake Dr has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5527 Forest Lake Dr is 1,749 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5527 Forest Lake Dr is 1982.

Rocket HomesKentuckyJefferson CountyProspect400595527 Forest Lake Dr

This home is located at 5527 Forest Lake Dr in Prospect, KY and zip code 40059. This 1,749 square foot home was built in 1982. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $269,000.

Over 8 listings were sold over their listed price in October 2024 in Prospect, KY. In the same period over 25 listings were sold below the listed price and 7 listings were sold for the listed price. The number of listings in Prospect, KY increased by 1.6% between September 2024 and October 2024.

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

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