NOT LISTED FOR SALE

11 Retreat Point Somerset, KY 42503

Estimated Value: $808,000 - $928,256

5 Beds
5.5 Baths
5,000 Sq Ft
$170/Sq Ft Est. Value

Last Sold September 19, 2018

Last sale price $635,000 $127 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,901/month

151 Days on Market

Highlights

  • Boat Ramp
  • Lake View
  • 2 Car Attached Garage
  • Property is near a marina
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of September 2018

REDUCED by $40,000!! Priced well below appraisal! One of the best lake views on Lake Cumberland from this beautiful brick & stone home located in Allen's Landing. This gorgeous home features 5000 sq ft with 5 bedrooms & 5 1/2 baths, beautiful master suite with a fantastic lake view, beautiful hickory flooring, LED lighting throughout, very nice kitchen with top of the line appliances, Quartszite counter tops throughout, formal dining room, direct view napoleon fireplace in the living room, 12 foot ceilings on main floor, full finished walkout basement with 10&12 ft ceilings, 2 car garage up & also a 2 car garage in the basement. Spray foam & blown cellulose insulation makes this home very energy efficient, all of this situated on an over sized lot. Just minutes to shopping, restaurants, golf & marina

Last Agent to Sell the Property

Michael Hines

Lake Cumberland Real Estate Professionals License #206380 Listed on: 04/20/2018

Last Buyer's Agent

Lori Johnson

Lake Cumberland Real Estate Professionals License #205411

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,285

Year Built

  • Built in 2016

Lot Details

  • 0.83 Acre Lot
  • Many Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Dimensional Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Blinds
  • Window Screens
  • Insulated Doors
  • Living Room with Fireplace
  • Lake Views
  • Security System Owned
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Soaking Tub

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Property is near a marina
  • Boat Ramp
  • Patio

Utilities

  • Cooling Available
  • Heating unit installed on the ceiling
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Heating System Powered By Leased Propane
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank

Community Details

  • Allen's Landing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 051-6-2-27

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,285

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 2016
  • Levels: One
  • New Construction: No
  • Roof:Dimensional Style: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Percent Basement Finished: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Basement: Finished, Full, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Lot Size Area: 0.83
  • Window Features: Blinds, Insulated Windows, Screens, Window Treatments
  • Full Basement: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Stone, Other
  • Foundation Details: Concrete Perimeter
  • List Price: 669000.0
  • Lot Features: Many Trees
  • Patio And Porch Features: Patio
  • View: Lake
  • View YN: Yes
  • Water Body Name: Lake Cumberland
  • Waterfront: No
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Screens: Yes
  • Window Features:Window Treatments: Yes
  • View:Lake: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Heating: Ceiling, Electric, Heat Pump, Natural Gas, Propane Tank Leased
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security Features: Security System Owned
  • Utilities: Underground Utilities
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane Tank Leased: Yes
  • Heating:Ceiling: Yes

Lot Info

  • Lot Size Acres: 0.83
  • Lot Size Sq Ft: 36155.0
  • Parcel Number: 051-6-2-27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
Sep 13, 2018
Sold by
Sloan Kerry B
Bought by
Bates Nathan R and Bates Paige L
Seller's Agent
Michael Hines
Lake Cumberland Real Estate Professionals
Buyer's Agent
Lori Johnson
Lake Cumberland Real Estate Professionals
List Price
$709,900
Sold Price
$635,000
Premium/Discount to List
-$74,900
-10.55%
Current Estimated Value
$852,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,419
Avg. Annual Appreciation
4.23%

Purchase Details

Closed on
Mar 13, 2015
Bought by
Sloan Kerry B and Sloan Rachel L
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
Bates Nathan R $635,000 --
Sloan Kerry B $130,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2018 09/19/18 Sold $635,000 -10.6% $127 / Sq Ft
09/19/2018 09/19/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $709,900 +2578.9% $142 / Sq Ft
04/28/2016 04/28/16 Sold $26,500 -46.9% $5 / Sq Ft View Prior Sale
03/09/2016 03/09/16 Pending -- -- --
11/19/2015 11/19/15 For Sale $49,900 -- $10 / 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
2025 $5,285 $700,000 $100,000 $600,000
2024 $5,179 $700,000 $100,000 $600,000
2023 $4,941 $635,000 $100,000 $535,000
2022 $5,010 $635,000 $100,000 $535,000
2021 $5,220 $635,000 $100,000 $535,000
2020 $5,255 $635,000 $100,000 $535,000
2019 $5,429 $635,000 $100,000 $535,000
2018 $5,680 $675,000 $125,000 $550,000
2017 $5,569 $675,000 $125,000 $550,000
2016 $1,073 $130,000 $130,000 $0
2015 $1,048 $130,000 $130,000 $0
2014 -- $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 3030952

ImagineMLS (Bluegrass REALTORS®)

APN: 051-6-2-27