NOT LISTED FOR SALE

106 E University Dr Somerset, KY 42503

Estimated Value: $150,000 - $298,000

2 Beds
1 Bath
885 Sq Ft
$215/Sq Ft Est. Value

Last Sold February 01, 2023

Last sale price $115,000 $130 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,062/month

9 Days on Market

Highlights

  • 1 Acre Lot
  • Ranch Style House
  • Cooling Available
  • Hopkins Elementary School Rated A-
  • No HOA
  • Views

About This Home

As of February 2023

We are pleased to now offer this stunningly cute home! This well-maintained ranch style house is in near pristine condition and value comes from its condition and location! The home rests deep off of the road on a spacious acre lot, and is located in the desirable north part of downtown Somerset. The home backs up to beautiful pine trees for privacy, and has a well-kept storage shed for all your tools and belongings! Looking inside, you will find an awesome open floor living area with 2 great sized bedrooms, full sized closets, and a full bathroom. This highly desired property has to be appreciated in person. Call me today for your own private viewing!

Last Agent to Sell the Property

Nathanael Sears

Keller Williams Commonwealth Listed on: 01/04/2023

Last Buyer's Agent

Nathanael Sears

Keller Williams Commonwealth - Somerset License #268946

Keller Williams Commonwealth - Somerset

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $290

Year Built

  • Built in 2002

Lot Details

  • 1

Home Design

  • 885 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Metal Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • Oven
  • 1 Acre Lot
  • Property Views

Community Details

  • No Home Owners Association
  • Downtown Area Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060-6-2-39

Home Details

Home Type

Single Family

Est. Annual Taxes

$290

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Structure Type: House
  • Year Built: 2002
  • Levels: One
  • New Construction: No
  • ResoPropertyType: Residential
  • Location Tax Legal Info:Elementary School: Somerset
  • Location Tax Legal Info:Middle or Junior School: Meece
  • Location Tax Legal Info:High School: Somerset
  • Location Tax Legal Info:Intermediate School: Not Applicable
  • Contract Info:On Market Date: 2023-01-04
  • General Property Description:Lot Size Acres: 1.0
  • General Property Description:Waterfront: No
  • Structure Type:House: Yes
  • Basement: No
  • Flooring:Carpet: Yes
  • Flooring:Tile2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • Architectural Style:Ranch: Yes
  • Stories:One: Yes
  • Foundation Details:Block3: Yes
  • Cooling:Electric2: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Vinyl: Yes
  • Roof:Metal3: Yes
  • View:Suburban: Yes
  • General Property Description:Finished Area Total: 885.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Lot Size Area: 1.0
  • Appliances:Oven: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 124900.0
  • View: Suburban
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

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

Utilities

  • Heating: Heat Pump
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Main Level
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Acres: 1.0
  • Lot Size Sq Ft: 43560.0
  • Parcel Number: 060-6-2-39
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
Feb 1, 2023
Sold by
Silvers Willie
Bought by
Bonzo Thomas Simon
Seller's Agent
Nathanael Sears
Keller Williams Commonwealth
Buyer's Agent
Nathanael Sears
Keller Williams Commonwealth - Somerset
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%
Views
137
Current Estimated Value
$190,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,515
Avg. Annual Appreciation
13.87%

Purchase Details

Closed on
Oct 16, 2015
Bought by
Silvers Willie
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
Bonzo Thomas Simon $115,000 Five Star Title
Silvers Willie $60,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Sold $115,000 -7.9% $130 / Sq Ft
01/14/2023 01/14/23 Pending -- -- --
01/04/2023 01/04/23 For Sale $124,900 -- $141 / 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 $290 $115,000 $10,000 $105,000
2023 $300 $115,000 $10,000 $105,000
2022 $159 $60,000 $60,000 $0
2021 $167 $60,000 $60,000 $0
2020 $170 $60,000 $60,000 $0
2019 $172 $60,000 $60,000 $0
2018 $171 $60,000 $60,000 $0
2017 $170 $60,000 $60,000 $0
2016 $170 $60,000 $60,000 $0
2015 $65 $60,000 $60,000 $0
2014 $68 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23000208

ImagineMLS (Bluegrass REALTORS®)

APN: 060-6-2-39