NOT LISTED FOR SALE

1564 Ferry Rd Somerset, KY 42503

Estimated Value: $223,000 - $266,000

4 Beds
2 Baths
-- Sq Ft
0.84 Acres

Last Sold April 28, 2023

Last sale price $190,000

Est. 29% increase in value since last sale

Current estimated payment $1,406/month

74 Days on Market

Highlights

  • Mountain View
  • Home Office
  • Cooling Available
  • Wood Flooring
  • Brick Veneer
  • 1-Story Property

About This Home

As of April 2023

Back on the Market due to No Fault of its own. WOW! 3 Possibly 4 Bedroom 2BA Home in Great Location. Just minutes to Slate Branch Boat Ramp or to Firebrook Park. The Sellers have provided so many updates including New Laminate Flooring, New Central Heat and Air, New Pool, New Deck and more. Kitchen Features New Appliances, Granite Counters and a Tiled Back Splash. Laundry Rm Includes a New Washer/ Dryer. Bonus Room could be Formal Living Rm/Office or 4th BR. Lots of Storage with a Full Unfinished Basement as well as a Large Detached Garage with Work Bench. Back Yard is Large and Flat, measuring at .87 of an acre. Located in the Oak Hill School District is just another perk to Owning this home. Lots of Recent Upgrades as well.

Last Agent to Sell the Property

Millie King Weaver

Keller Williams Bluegrass Realty - Lake Cumberland Listed on: 03/27/2023

Last Buyer's Agent

Misty Tingle

Weichert Realtors Ford Brothers, Inc. License #246683

Weichert Realtors Ford Brothers, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,435

Year Built

  • Built in 1980

Lot Details

  • 0.84 Acre Lot

Parking

  • Garage

Home Design

  • Brick Veneer
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Home Office
  • Mountain Views
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Oakhill Elementary School
  • Southern Middle School
  • Southwestern High School

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Septic Tank

Community Details

  • Lakeside Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 051-2-1-08

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,435

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1980
  • Levels: One
  • New Construction: No
  • Foundation Details:Concrete Perimeter: Yes
  • Water Source:Public: Yes
  • Flooring:Laminate: Yes
  • View:Mountains: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate, Wood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Basement: Yes
  • Total Bedrooms: 4
  • Lot Size Area: 0.84
  • Full Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Brick Veneer
  • Foundation Details: Concrete Perimeter
  • List Price: 194900.0
  • View: Mountain(s)
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Carport: No
  • Garage: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Oakhill
  • High School: Southwestern
  • Middle or Junior School: Southern

Lot Info

  • Lot Size Acres: 0.84
  • Lot Size Sq Ft: 36590.0
  • Parcel Number: 051-2-1-08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
Apr 28, 2023
Sold by
Chamley Holly A
Bought by
Will Gabrielle O and Crider Kyle Alexander
Seller's Agent
Millie King Weaver
Keller Williams Bluegrass Realty - Lake Cumberland
Buyer's Agent
Misty Tingle
Weichert Realtors Ford Brothers, Inc.
List Price
$194,900
Sold Price
$190,000
Premium/Discount to List
-$4,900
-2.51%
Views
214
Current Estimated Value
$245,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,271
Avg. Annual Appreciation
10.89%
Original Mortgage
$90,000
Outstanding Balance
$87,377
Interest Rate
6.34%
Mortgage Type
Construction
Estimated Equity
$157,894

Purchase Details

Closed on
Feb 15, 2018
Bought by
Burton Christopher Allen and Burton Lisa Carol
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
Will Gabrielle O $190,000 The Land Group Llc
Burton Christopher Allen $83,050 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Will Gabrielle O $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2023 04/28/23 Sold $190,000 -2.5% --
03/31/2023 03/31/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $194,900 0.0% --
02/21/2023 02/21/23 Pending -- -- --
02/09/2023 02/09/23 Price Changed $194,900 0.0% --
02/09/2023 02/09/23 For Sale $194,900 -2.5% --
02/01/2023 02/01/23 Pending -- -- --
01/15/2023 01/15/23 For Sale $199,900 +58.7% --
12/30/2019 12/30/19 Sold $126,000 -9.4% $105 / Sq Ft View Prior Sale
11/07/2019 11/07/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $139,000 -- $116 / 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 $1,435 $190,000 $10,000 $180,000
2024 $1,406 $190,000 $10,000 $180,000
2023 $980 $126,000 $10,000 $116,000
2022 $994 $126,000 $10,000 $116,000
2021 $1,036 $126,000 $10,000 $116,000
2020 $1,043 $126,000 $10,000 $116,000
2019 $710 $83,000 $10,000 $73,000
2018 $698 $83,000 $10,000 $73,000
2017 $767 $93,000 $93,000 $0
2016 $767 $93,000 $93,000 $0
2015 $750 $93,000 $93,000 $0
2014 $730 $93,000 $93,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23000864

ImagineMLS (Bluegrass REALTORS®)

APN: 051-2-1-08