NOT LISTED FOR SALE

1564 Wesley Chapel Rd Somerset, KY 42501

Estimated Value: $178,430 - $196,000

2 Beds
1.5 Baths
-- Sq Ft
42.5 Acres

Last Sold November 02, 2015

Last sale price $99,500

Est. 91% increase in value since last sale

Current estimated payment $1,033/month

303 Days on Market

Highlights

  • Guest House
  • 42.5 Acre Lot
  • Ranch Style House
  • Waterfront
  • Wooded Lot
  • Workshop

About This Home

As of November 2015

REDUCED! Great retreat w/42.5 acres mostly fenced. Quaint lane passes barn to enter property. There is a livable 2 bedroom/1 bath cottage w/front deck. Bathroom has been updated. Wood floors & tin roof to enjoy during rain storms. The grounds have many flower gardens of day lilies & hosta plants. The cottage breaths of life for an artist or a painter w/a separate studio to display work or teach students w/a shower & sink. The grounds end w/a steep drop to the Cumberland River. There is a cattle chute in the barn and the property is mostly fenced. The dawn and sunsets are inspiring w/peace & serenity. Window A/C 1988. Appliances are 29 years old. Kitchen updated in 1986 & LR in 1988. Porch needs some repair. Property is sold as is-where is & priced to sell. There is a spring fed pond that needs attending. Cistern filled by water supplier monthly. 2nd cistern needs pump. Soot damage in 1993 & has been cleaned & repainted. This property is truly a wonderful moment in time and quaint.

Last Agent to Sell the Property

Phyllis Rasnick

Unknown Agency License #57137 Listed on: 04/23/2015

Last Buyer's Agent

Phyllis Rasnick

Unknown Agency License #57137 Listed on: 04/23/2015

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $409

Year Built

  • Built in 1935

Lot Details

  • 42.5 Acre Lot
  • Waterfront
  • Vinyl Fence
  • Wire Fence
  • Gentle Sloping Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • Ranch Style House
  • Farm

Interior Spaces

  • Living Room
  • Workshop
  • Utility Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Farming

  • Dairy Barn
  • Silo

Utilities

  • Space Heater
  • Cistern
  • Septic Tank

Additional Features

  • Guest House
  • Hay Storage

Listing and Financial Details

  • Assessor Parcel Number 107-0-0-30

Property Details

Property Type

Other

Est. Annual Taxes

$409

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Sub-Type: Farm
  • Architectural Style: Ranch
  • Year Built: 1935
  • New Construction: No
  • Architectural Style:Ranch: Yes
  • Fencing:Wire: Yes
  • Farm Improvements:Silo(s): Yes
  • Farm Improvements:Dairy Barn(s): Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Lot Size Area: 42.5
  • Possible Use: Residential, Recreational, Pasture, Horses, Cattle, Agricultural

Exterior Features

  • Fencing: Wire
  • List Price: 99500.0
  • Lot Features: Wooded, Cleared, Gentle Sloping, Waterfront
  • Other Structures: Workshop
  • Lot Features:Wooded: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Electric, Space Heater
  • Heating: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Cistern
  • Sewer Septic Tank: Yes
  • Heating:Space Heater: Yes

Lot Info

  • Topography: Gentle Sloping, Wooded, Cleared
  • Lot Dimensions: 0
  • Current Use: Other
  • Horse Amenities: Hay Storage
  • Lot Size Acres: 42.5
  • Lot Size Sq Ft: 1851300.0
  • Parcel Number: 107-0-0-30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2015
Bought by
Campbell Jason and Campbell Dana
Current Estimated Value
$189,810
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Campbell Jason $50,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2015 11/02/15 Sold $99,500 -38.8% --
08/22/2015 08/22/15 Pending -- -- --
10/22/2014 10/22/14 For Sale $162,500 -- --
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 $409 $54,000 $24,000 $30,000
2024 $400 $99,500 $69,500 $30,000
2023 $421 $99,500 $69,500 $30,000
2022 $427 $99,500 $69,500 $30,000
2021 $818 $99,500 $69,500 $30,000
2020 $823 $99,500 $69,500 $30,000
2019 $851 $99,500 $69,500 $30,000
2018 $454 $99,500 $69,500 $30,000
2017 $446 $99,500 $69,500 $30,000
2016 $446 $54,000 $24,000 $30,000
2015 $139 $54,000 $24,000 $30,000
2014 $142 $150,000 $120,000 $30,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 3020023

ImagineMLS (Bluegrass REALTORS®)

APN: 107-0-0-30