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5606 Timber Ridge Dr

Prospect, KY 40059

4 bd 3 ba 3,202 sqft Built 1952 Lot 13,504 sqft single_family
Most recent sale
$400,000
Jun 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 27, 2022 Sold $400,000 Public Record
Apr 22, 2022 Listed $400,000 MLS #1610493
Aug 16, 2016 Listing removed $335,000 Louisville
May 1, 2016 Listed $335,000 MLS #1446343

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $325,000 $75,000 $400,000 $4,464
2024 $325,000 $75,000 $400,000 $4,552
2023 $325,000 $75,000 $400,000 $4,632
2022 $273,460 $75,000 $348,460 $3,578
2021 $199,220 $70,000 $269,220 $2,870
2020 $199,220 $70,000 $269,220 $2,648
2019 $199,220 $70,000 $269,220 $3,038
2018 $199,220 $70,000 $269,220 $2,572
2017 $199,220 $70,000 $269,220 $2,430
2016 $199,220 $70,000 $269,220 $2,449
2015 $194,710 $45,000 $239,710 $2,144
2014 $194,710 $45,000 $239,710 $2,154
2013 $194,710 $45,000 $239,710 $2,154
2012 $194,710 $45,000 $239,710 $2,510
2011 $194,710 $45,000 $239,710 $2,455
2010 $239,710 $2,453
2009 $239,710 $2,381

Property facts

Year built
1952
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,202 sqft
Lot size
13,504 sqft
ZIP code
40059
City
Prospect
Street
Timber Ridge Dr
Coordinates
38.33175, -85.61743

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,400
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5606 Timber Ridge Dr last sell?
5606 Timber Ridge Dr most recently sold on Jun 27, 2022 for $400,000.
What is the current tax assessment for 5606 Timber Ridge Dr?
The most recent total assessment for 5606 Timber Ridge Dr (year 2025) is $400,000 with $4,464 in property tax.
How does 5606 Timber Ridge Dr's assessment compare to its last sale price?
The current assessment is 0.0% above the last sale price of $400,000.
When was 5606 Timber Ridge Dr built?
5606 Timber Ridge Dr was built in 1952.
How does 5606 Timber Ridge Dr compare to others on Timber Ridge Dr?
We track 8 other properties on Timber Ridge Dr. Browse the list under "Other properties on Timber Ridge Dr" to compare beds, baths, and sale history.
What are the property facts for 5606 Timber Ridge Dr?
5606 Timber Ridge Dr is a 4 bed, 3 bath, 3,202 sqft, 13,504 sqft lot single_family.
Is 5606 Timber Ridge Dr a flip candidate?
No — 5606 Timber Ridge Dr does not appear in our flips dataset.
Is 5606 Timber Ridge Dr a tax-appeal candidate?
No — 5606 Timber Ridge Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.2%
Implied 1-yr
+12.8%
2026 Q3
$971.5K
2026 Q4
$997.2K
ZIP 40059 — Median Price History + Forecast

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