NOT LISTED FOR SALE

17 Cumberland Terrace Burnside, KY 42519

Estimated Value: $192,741 - $235,000

2 Beds
2 Baths
934 Sq Ft
$223/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $183,500 $196 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,422/month

146 Days on Market

Highlights

  • Public Water Access
  • Wooded Lot
  • Community Pool
  • View of Trees or Woods
  • Ranch Style House
  • Tennis Courts

About This Home

As of June 2024

Nestled within the picturesque Lake Cumberland Resort, this charming 2-bedroom, 2-bath home invites you to experience a cozy retreat amidst nature's beauty.

The warm and inviting living room, featuring a fireplace, welcomes you as you step inside, setting the tone for relaxation and comfort. As you explore, the back deck beckons, offering a serene forest view - the perfect spot to unwind and reconnect with nature. The primary bedroom boasts an ensuite, providing a private oasis within this lakeside haven. The kitchen, well-appointed with plenty of cabinets, is designed for both functionality and charm. Whether you're seeking a primary residence, a second home, or a lucrative investment property, this well-appointed dwelling offers versatility. The tranquil surroundings and expansiveness make it an ideal choice for those looking to escape the hustle and bustle of everyday life. Consider capitalizing on its investment potential by enrolling it in a rental program for a hands-off approach. This presents a unique opportunity for the property to become a self-sustaining asset.

Last Agent to Sell the Property

Dianna Lowery-Pulliam

CENTURY 21 Advantage Realty License #244806 Listed on: 11/30/2023

CENTURY 21 Advantage Realty

Last Buyer's Agent

Dianna Lowery-Pulliam

CENTURY 21 Advantage Realty License #244806 Listed on: 11/30/2023

CENTURY 21 Advantage Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 0.52 Acre Lot
  • Wooded Lot

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Off-Street Parking

Property Views

  • Woods
  • Mountain

Home Design

  • Ranch Style House
  • Cabin
  • Block Foundation
  • Metal Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 934 Sq Ft Home
  • Gas Log Fireplace
  • Propane Fireplace
  • Blinds
  • Great Room with Fireplace
  • Living Room
  • Dining Room
  • Attic Access Panel

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Public Water Access

Schools

  • Burnside Elementary School
  • Southern Middle School
  • Southwestern High School

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • The owner pays for management
  • Assessor Parcel Number 08-3-0-53

Community Details

Overview

  • Association fees include snow removal, trash
  • Lake Cumberland Resort Subdivision
  • Mandatory home owners association
  • On-Site Maintenance

Recreation

  • Tennis Courts
  • Community Pool
  • Snow Removal

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Structure Type: Cabin
  • Year Built: 1999
  • Above Grade Finished Sq Ft: 934.0
  • Levels: One
  • New Construction: No
  • Flooring:Tile2: Yes
  • Water Source:Public: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Architectural Style:Ranch: Yes
  • Foundation Details:Block3: Yes
  • Flooring:Laminate: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • View:Mountains: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: No
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Great Room, Propane
  • Fireplace: Yes
  • LivingArea: 934.0
  • Lot Size Area: 0.52
  • Owner Pays: Management
  • Window Features: Blinds
  • Fireplace Features:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes

Exterior Features

  • Roof: Metal
  • Construction Materials: Stone, Wood Siding
  • Fencing: None
  • Foundation Details: Block
  • List Price: 192000.0
  • Lot Features: Wooded
  • View: Mountain(s), Trees/Woods
  • View YN: Yes
  • Waterfront: No
  • Window Features:Blinds: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Parking Features: Off Street

Utilities

  • Sewer: Septic Tank
  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 3000.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Pool, Tennis Court(s)

Fee Information

  • Association Fee Includes: Snow Removal, Trash, Other

Schools

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

Lot Info

  • Lot Size Acres: 0.52
  • Lot Size Sq Ft: 22564.0
  • Parcel Number: 08-3-0-53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
May 30, 2024
Sold by
Luke David
Bought by
Shore Michael
Seller's Agent
Dianna Lowery-Pulliam
CENTURY 21 Advantage Realty
Buyer's Agent
Dianna Lowery-Pulliam
CENTURY 21 Advantage Realty
List Price
$195,000
Sold Price
$183,500
Premium/Discount to List
-$11,500
-5.9%
Views
137
Current Estimated Value
$207,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,435
Avg. Annual Appreciation
8.69%
Original Mortgage
$170,000
Outstanding Balance
$163,178
Interest Rate
0.7%
Mortgage Type
Construction
Estimated Equity
$44,757

Purchase Details

Listed on
Mar 4, 2022
Closed on
Oct 17, 2022
Sold by
Sturdivant Gary D and Sturdivant Barbara L
Bought by
Luke David
Seller's Agent
Bobby Sutton
Weichert Realtors Ford Brothers, Inc.
Buyer's Agent
Vicki Hines
Lake Cumberland Real Estate Professionals
List Price
$194,500
Sold Price
$170,000
Premium/Discount to List
-$24,500
-12.6%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$170,000
Interest Rate
6.9%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 27, 2006
Sold by
Lake Cumberland Resort Inc
Bought by
Combs Gerald K and Combs Deana R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shore Michael $183,500 Attorney Only
Luke David $170,000 Attorney Only
Combs Gerald K $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shore Michael $170,000
Previous Owner Luke David $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2024 06/05/24 Sold $183,500 -4.4% $196 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
02/16/2024 02/16/24 Price Changed $192,000 -1.5% $206 / Sq Ft
11/30/2023 11/30/23 For Sale $195,000 +14.7% $209 / Sq Ft
10/17/2022 10/17/22 Sold $170,000 -1.7% $182 / Sq Ft View Prior Sale
08/31/2022 08/31/22 Pending -- -- --
07/14/2022 07/14/22 Price Changed $173,000 -3.8% $185 / Sq Ft
05/23/2022 05/23/22 Price Changed $179,900 -5.3% $193 / Sq Ft
04/03/2022 04/03/22 Price Changed $189,900 -2.4% $203 / Sq Ft
03/04/2022 03/04/22 For Sale $194,500 +87.0% $208 / Sq Ft
07/22/2020 07/22/20 Sold $104,000 -5.4% $111 / Sq Ft View Prior Sale
07/15/2020 07/15/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $109,900 -- $118 / 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 $934 $184,000 $15,000 $169,000
2024 $915 $170,000 $15,000 $155,000
2023 $962 $170,000 $15,000 $155,000
2022 $820 $104,000 $9,400 $94,600
2021 $855 $104,000 $9,400 $94,600
2020 $861 $104,000 $9,400 $94,600
2019 $795 $93,000 $9,400 $83,600
2018 $783 $93,000 $9,400 $83,600
2017 $767 $93,000 $9,400 $83,600
2016 $767 $93,000 $9,400 $83,600
2015 $750 $93,000 $9,400 $83,600
2014 $730 $93,000 $9,400 $83,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23022815

ImagineMLS (Bluegrass REALTORS®)

APN: 081-3-0-53