7 months on rocket

5404 Venkata Way, Prospect, KY, 40059

$585,000

5.35 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential Land
ViewSee Remarks
MLS #1644760
Lot Size5.35 Acres
StatusActive

About 5404 Venkata Way

This stunning 5.351-acre lot in the gated Wolf Pen Estates subdivision provides a blank canvas to build your dream home. Situated on a quiet cul-de-sac, the property offers plenty of options for custom home building. Electricity, gas, and water are available on site. Mature trees line the side of the property, providing shade and privacy. With easy access to the interstate, shopping, dining at Norton Commons, and more, the location is ideal. This homesite is conveniently located near everyday conveniences yet feels private. Per the HOA bylaws, home sizes are restricted to:1-story -3,500 sq.ft. (gross living area), 1.5 story -4,050 sq.ft. and 2-story- 4,600 sq ft. Attached survey and soil test provide additional details. Boundary lines in photos are approximate per the photographer. Be sure to watch the video for an aerial view of this gorgeous lot and neighborhood! This is an excellent opportunity to build a custom home in a gated community minutes from Louisville's best amenities.

Property Details

Property Features

Listing Office:

  • Office Name: Polo Real Estate Group LLC

Exterior Features

Exterior Information:

  • View: See Remarks

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, See Remarks, Cleared, Covenant/Restriction, Survey Available
  • Lot Size: 5.35 Acres

School Info

Assigned Schools Information:

  • Ballard High School, Public District Grades 9-12
  • Brown School, Public District Grades KG-12
  • Kammerer Middle School, Public District Grades 6-8
  • Western Middle School, Public District Grades 6-8
  • Norton Elementary School, Public District Grades PK-5
  • Lincoln Elementary Performing Arts, Public District Grades KG-5

Other

Directions Information:

  • Directions: Brownsboro Road to Chamberlain Ln. Take the roundabout to Wolf Pen Branch Road. Left onto Venkata Way, Home is at the end of the cul de sac to the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $585,000

HOA Fees:

  • Amount: $925
  • Frequency: Annually

Tax Information:

  • Annual Amount: $3,690
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$649.4K

Med. Price/SqFt

$225

# of Sold Homes

23

5404 Venkata Way vs Prospect

238 DAYS ON ROCKET

$585,000

-$64.4K Less

KEY TAKEAWAY

This property is $64.4K less than the Median Sold Price in Prospect, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Louisville Association of REALTORS®
  • MLS Number: #1644760

Listing Office:

  • Office Name: Polo Real Estate Group LLC

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: 5/2/2024, 12:10:23 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

Feb 02, 2021Home Sold
$375,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,690$320,290
2019$3,615$320,290
2018$3,361$320,290
2017$3,361$320,290

History based on county public records data.

Payment Calculator

$3,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,820

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NMLS#3030

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.

Elementary School

school-card-donut-4734500
8
/10
  • Norton Elementary School

  • 8101 Brownsboro Rd

  • 1.96 miles

  • Public District Grades PK-5

school-card-donut-4734501
5
/10
  • Lincoln Elementary Performing Arts

  • 930 E Main St

  • 9.65 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4734502
3
/10
  • Kammerer Middle School

  • 7315 Wesboro Rd

  • 3.34 miles

  • Public District Grades 6-8

school-card-donut-4734503
4
/10
  • Western Middle School

  • 2201 W Main St

  • 12.06 miles

  • Public District Grades 6-8

High School

school-card-donut-4734504
6
/10
  • Ballard High School

  • 6000 Brownsboro Rd

  • 3.56 miles

  • Public District Grades 9-12

school-card-donut-4734505
8
/10
  • Brown School

  • 546 S 1st St

  • 10.67 miles

  • Public District Grades KG-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $116,712. Residents of Prospect, KY typically earn $200k+ each year. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5404 Venkata Way

What is the listing price of this property?

The listing price of 5404 Venkata Way property is $585,000.

What type of property is this?

The property 5404 Venkata Way is land located in Prospect, Kentucky, 40059.

Is this property for sale now?

Active Listing: 5404 Venkata Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5404 Venkata Way are:
Norton Elementary School: GreatSchools Rating 8/10
Lincoln Elementary Performing Arts: GreatSchools Rating 5/10
Kammerer Middle School: GreatSchools Rating 3/10
Western Middle School: GreatSchools Rating 4/10
Ballard High School: GreatSchools Rating 6/10
Brown School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,690 (source: MLS/based on county public records data).

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

The last sale was on February 2, 2021 for $375,000. (source: MLS/tax record).

How much acreage is this property?

The property 5404 Venkata Way is 5.35 acres.
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Rocket HomesKentuckyJefferson CountyProspect400595404 Venkata Way

This home is located at 5404 Venkata Way in Prospect, KY and zip code 40059 in the Wolf Pen Estates neighborhood. This home sits on a 5.35 acre lot. It has been listed on Rocket Homes since September 07, 2023 and is currently priced at $585,000.

While more than 5 listings in Prospect, KY in April 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 14 were sold below. The number of homes for sale in Prospect, KY decreased by 9.3% between March 2024 and April 2024.

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

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