NOT LISTED FOR SALE

101 Speedway Dr Somerset, KY 42503

Estimated Value: $275,000 - $317,000

4 Beds
2.5 Baths
3,000 Sq Ft
$99/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $235,000 $78 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,660/month

111 Days on Market

Highlights

  • Marble Flooring
  • No HOA
  • Brick Veneer
  • Hopkins Elementary School Rated A-
  • Neighborhood Views
  • Cooling Available

About This Home

As of December 2022

New to the market, wonderful brick home in Somerset City. Come and enjoy this spacious home that is walking distance to the city shops and schools. From the covered front porch you can access a living room that is covered with hardwood flooring, and has a fire place ready for an insert. The main level also boast of a dining room, kitchen, 2 beds and a bath which has been remolded with marble flooring. Upstairs you will find 2 bedrooms (with hardwood), and a half bath, along with ample attic storage. This beautiful home is equipped with a full walkout basement that has a full kitchen, washer and dryer hookup, entertainment area (or use as an additional bedroom), a bath which is equipped with a jacuzzi tub and shower, also there is more storage. The owners are leaving 2 refrigerators, 2 range stoves, and a dishwasher. Wait! Outside you will find a 3 car detached garage, gazebo with a swing and a deck to relax. Don't miss out call today.

Last Agent to Sell the Property

Mike Broughton

Weichert Realtors Ford Brothers, Inc. License #193061 Listed on: 07/26/2022

Weichert Realtors Ford Brothers, Inc.

Last Buyer's Agent

Janna Chalfant Smith

United Real Estate Bluegrass License #212967

United Real Estate Bluegrass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $592

Lot Details

  • 0.33 Acre Lot

Parking

  • Garage

Home Design

  • Brick Veneer
  • Block Foundation
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Oven or Range
  • Basement

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Hopkins Elementary School
  • Somerset Middle School
  • Not Applicable Middle School
  • Somerset High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060-6-3-32

Home Details

Home Type

Single Family

Est. Annual Taxes

$592

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 9999
  • Levels: Two
  • New Construction: No
  • ResoPropertyType: Residential
  • Location Tax Legal Info:Elementary School: Hopkins
  • Location Tax Legal Info:Middle or Junior School: Somerset
  • Location Tax Legal Info:High School: Somerset
  • Location Tax Legal Info:Intermediate School: Not Applicable
  • Contract Info:On Market Date: 2022-07-25
  • General Property Description:Lot Size Acres: 0.33
  • General Property Description:Waterfront: No
  • View:Neighborhood: Yes
  • Stories:Two2: Yes
  • Basement: Yes
  • Flooring:Hardwood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Foundation Details:Block3: Yes
  • Cooling:Electric2: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring:Wood4: Yes
  • Flooring:Marble: Yes
  • General Property Description:Finished Area Total: 3000.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Marble, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Lot Size Area: 0.33
  • Fireplace Features:Fireplace YN: Yes
  • Appliances Range: Yes
  • Fireplace Features:Living Room3: Yes
  • General Property Description:_pound_ of Half Baths: 1

Exterior Features

  • Construction Materials: Stucco, Vinyl Siding, Brick Veneer
  • List Price: 249900.0
  • View: Neighborhood
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Stucco2: Yes

Garage/Parking

  • Carport: No
  • Garage: Yes
  • Garage Features:Garage YN: Yes
  • Carport Features:Carport YN: No

Utilities

  • Heating: Heat Pump
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hopkins
  • High School: Somerset
  • Middle or Junior School: Somerset

Lot Info

  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14375.0
  • Parcel Number: 060-6-3-32
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Dec 15, 2022
Sold by
Decker Doyle
Bought by
Mcdowell Claudia M
Seller's Agent
Mike Broughton
Weichert Realtors Ford Brothers, Inc.
Buyer's Agent
Janna Chalfant Smith
United Real Estate Bluegrass
List Price
$299,900
Sold Price
$235,000
Premium/Discount to List
-$64,900
-21.64%
Views
175
Current Estimated Value
$296,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,247
Avg. Annual Appreciation
8.92%
Original Mortgage
$135,000
Outstanding Balance
$130,787
Interest Rate
6.36%
Mortgage Type
Construction
Estimated Equity
$165,460

Purchase Details

Closed on
Jun 6, 2012
Sold by
Mink David A and Mink Becky A
Bought by
Hewitt John and Doyle Decker
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcdowell Claudia M $235,000 Attorney Only
Hewitt John $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdowell Claudia M $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2022 12/15/22 Sold $235,000 -6.0% $78 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
09/20/2022 09/20/22 Price Changed $249,900 -9.1% $83 / Sq Ft
08/24/2022 08/24/22 Price Changed $275,000 -8.3% $92 / Sq Ft
07/26/2022 07/26/22 For Sale $299,900 -- $100 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $592 $235,000 $10,000 $225,000
2023 $613 $235,000 $10,000 $225,000
2022 $193 $113,000 $113,000 $0
2021 $202 $113,000 $113,000 $0
2020 $208 $113,000 $113,000 $0
2019 $323 $113,000 $113,000 $0
2018 $321 $113,000 $113,000 $0
2017 $321 $113,000 $113,000 $0
2016 $321 $113,000 $113,000 $0
2015 $320 $113,000 $113,000 $0
2014 $319 $113,000 $113,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22016514

ImagineMLS (Bluegrass REALTORS®)

APN: 060-6-3-32