NOT LISTED FOR SALE

1235 Maple Hill Dr Somerset, KY 42503

Estimated Value: $44,000 - $292,000

0.5 Acre
$262,242 Price per Acre
21,780 Sq Ft Lot

Last Sold February 20, 2024

Last sale price $44,000

Est. 198% increase in value since last sale

Current estimated payment $725/month

100 Days on Market

About This Lot

As of February 2024

Beautiful Lot with detached garage already on the property located in Maple Hill Sudivision near the Oak Hill/SWHS schools! This is a PERFECT place to build your dream home. There is already a septic and electric on the property. Garage is a 28x18, has a brand new roof and the upstairs storage could be finished out into a small apartment or used for storage. Property is currently being used to park sellers RV. There are some subdivision restrictions that do apply. Owner is guesstimating Lot to be around half an acre. Has not been surveyed and should be verified by buyer.

Last Agent to Sell the Property

Ashly Smith

Keller Williams Commonwealth - Somerset License #212224 Listed on: 10/31/2023

Last Buyer's Agent

Matthew Fouch

Keller Williams Commonwealth - Somerset License #264821

Keller Williams Commonwealth - Somerset

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $326

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Farming

  • Agricultural

Community Details

  • Maple Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050-4-2-60

Property Details

Property Type

Land

Est. Annual Taxes

$326

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub-Type: Agriculture
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Size Area: 0.5

Exterior Features

  • Disclosures: Other, Restrictions
  • List Price: 59900.0
  • Lot Features: Level

Utilities

  • Utilities: Electricity Connected, Water Connected

Lot Info

  • Topography: Level
  • Current Use: Other, Residential
  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21780.0
  • Parcel Number: 050-4-2-60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Feb 20, 2024
Sold by
Baker Christopher and Baker Misty
Bought by
Buchanan Arthur Dale and Buchanan Eva W
Seller's Agent
Ashly Smith
Keller Williams Commonwealth - Somerset
Buyer's Agent
Matthew Fouch
Keller Williams Commonwealth - Somerset
List Price
$79,900
Sold Price
$44,000
Premium/Discount to List
-$35,900
-44.93%
Views
125
Current Estimated Value
$131,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,121
Avg. Annual Appreciation
94.61%

Purchase Details

Closed on
Oct 18, 2023
Sold by
Cox Family Trust
Bought by
Baker Christopher

Purchase Details

Closed on
Mar 16, 2018
Bought by
Cox Fam
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Buchanan Arthur Dale $44,000 Millennial Title Llc
Baker Christopher $20,000 Attorney Only
Cox Fam $590,100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2024 02/20/24 Sold $44,000 -26.5% --
02/09/2024 02/09/24 Pending -- -- --
01/17/2024 01/17/24 Price Changed $59,900 -6.4% --
12/04/2023 12/04/23 Price Changed $64,000 -8.4% --
11/15/2023 11/15/23 Price Changed $69,900 -12.5% --
10/31/2023 10/31/23 For Sale $79,900 -- --
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 $326 $44,000 $14,000 $30,000
2023 $140 $18,000 $18,000 $0
2022 $1 $18,000 $18,000 $0
2021 $148 $18,000 $18,000 $0
2020 $149 $18,000 $18,000 $0
2019 $154 $18,000 $18,000 $0
2018 $151 $18,000 $18,000 $0
2017 $149 $18,000 $18,000 $0
2016 $149 $18,000 $18,000 $0
2015 $145 $18,000 $18,000 $0
2014 $141 $18,000 $18,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23021065

ImagineMLS (Bluegrass REALTORS®)

APN: 050-4-2-60