2 months on rocket

7018 Shallow Lake Rd, Prospect, KY, 40059

$775,000

Home List Price

$9,203*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
2,452 SqFt
$316/SqFt
House

Location

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7018 Shallow Lake Rd, Prospect$775,000

Buyer Closing Credits

$9,203*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Entry Front
Attached Garage2 spaces
Year Built2020
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #1672297
Lot Size0.63 Acres
StatusActive

About 7018 Shallow Lake Rd

Welcome to this charming one of a kind home. A large driveway with an attached 2 car garage greets you at the entrance with large double doors as the entryway. Plenty of natural sunlight throughout this home with the kitchen dining and living room having an open concept. On the left side of the home you hav two bedrooms seperated by a full guest bathroom. In the sunroom, dining, and living room area we have beautiful ceiling designs. On the right side of the home is the master bedroom with its own master bathroom that includes a tub perfect for those afternoon baths. Master bedroom also includes a very large walk in closet. In the basement area there are two more bedrooms with access to a walk out patio. Enjoy your morning coffee on the outside deck located on the first floor level.

Property Details

Property Features

Property Information:

  • Year Built: 2020
  • Stories: 1
  • Living Area: 2,452 SqFt

Listing Office:

  • Office Name: United Real Estate Louisville

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Patio, Deck

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Entry Front

Lot Features

Lot Information:

  • Lot: Cul-De-Sac
  • Lot Size: 0.63 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: take I71 north to exit 5 to Watterson expressway, take exit 22 to brownsboro rd going left, make a right on timber ridge dr, make a left on shallow lake rd home is on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $775,000
  • Price Per SqFt: $316/SqFt

HOA Fees:

  • Amount: $1000
  • Frequency: Annually

Tax Information:

  • Annual Amount: $449
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$650K

Med. Price/SqFt

$242

# of Sold Homes

28

7018 Shallow Lake Rd vs Prospect

74 DAYS ON ROCKET

$775,000

+$125K More

$316/SqFt

+$74 More

KEY TAKEAWAY

This property is $125K more than the Median Sold Price and $74/SqFt more 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: #1672297

Listing Office:

  • Office Name: United Real Estate 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: 12/22/2024, 3:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 02, 2016Home Sold
$39,000

Tax History

YEARPROP. TAXASSESSMENT
2020$449$39,000
2019$440$39,000
2018$409$39,000
2017$409$39,000

History based on county public records data.

Payment Calculator

$4,018

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,390

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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-1003060
9
/10
  • Norton Elementary School

  • 8101 Brownsboro Rd

  • 2.59 miles

  • Public District Grades KG-5

school-card-donut-1003061
5
/10
  • Norton Commons Elementary School

  • 10941 Kings Crown Dr

  • 2.74 miles

  • Public District Grades KG-5

school-card-donut-1003062
9
/10
  • Goshen Elementary School

  • 12518 Ridgemoor Dr

  • 2.96 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,413. The majority of Prospect, KY residents have income between $35k-100k annually. Residents typically live in married, no kids family. 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 7018 Shallow Lake Rd

What is the listing price of this property?

The listing price of 7018 Shallow Lake Rd property is $775,000.

What type of property is this?

The property 7018 Shallow Lake Rd is a house located in Prospect, Kentucky, 40059.

Is this property for sale now?

Active Listing: 7018 Shallow Lake Rd 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 $449 (source: MLS/based on county public records data).

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

The last sale was on September 2, 2016 for $39,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7018 Shallow Lake Rd has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 7018 Shallow Lake Rd is 2,452 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7018 Shallow Lake Rd is 2020.

Rocket HomesKentuckyJefferson CountyProspect400597018 Shallow Lake Rd

This home is located at 7018 Shallow Lake Rd in Prospect, KY and zip code 40059. This 2,452 square foot home, which was built in 2020, sits on a 0.63 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $775,000.

Over 7 listings were sold over their listed price in November 2024 in Prospect, KY. In the same period over 19 listings were sold below the listed price and 2 listings were sold for the listed price. The inventory of homes for sale in Prospect, KY between October 2024 and November 2024 decreased by 17.3%.

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

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