NOT LISTED FOR SALE

187 Lake Forest Dr Somerset, KY 42503

Estimated Value: $400,985 - $460,000

4 Beds
3 Baths
3,378 Sq Ft
$129/Sq Ft Est. Value

Last Sold May 20, 2020

Last sale price $304,718 $90 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,483/month

192 Days on Market

Highlights

  • Wood Flooring
  • Wet Bar
  • Cooling Available
  • Eat-In Kitchen
  • Walk-In Closet
  • Views

About This Home

As of May 2020

Very nice contemporary brick ranch home. Just 2 minutes to a nice boat ramp. Makes for resort styled living in the popular Lake Forest neighborhood. This home features 3 bedrooms and 2 baths on main floor and a 4th bedroom and full bath in the finished walkout basement. Beautiful great room with fireplace, nice kitchen with granite and formal dining room. Hardwood floors, a 3rd car garage in basement for boats and toys with its own driveway. Privacy fenced rear yard and beautifully landscaped.

Last Agent to Sell the Property

Michael Hines

Lake Cumberland Real Estate Professionals License #206380 Listed on: 11/08/2019

Last Buyer's Agent

Vicki Hines

Lake Cumberland Real Estate Professionals License #188701

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,914

Year Built

  • Built in 2006

Lot Details

  • 0.35 Acre Lot
  • Partially Fenced Property
  • Wood Fence
  • Wire Fence

Home Design

  • Dimensional Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Wet Bar
  • Ceiling Fan
  • Ventless Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Blinds
  • Window Screens
  • Insulated Doors
  • Great Room with Fireplace
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer

Finished Basement

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

Parking

  • Garage
  • Basement Garage
  • Garage Door Opener
  • Off-Street Parking

Utilities

  • Cooling Available
  • Heating unit installed on the ceiling
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 041-5-1-94

Community Details

Overview

  • Horizon Hills Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,914

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 2025.0
  • 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
  • Laundry Features:Main Level: Yes
  • Appliances Refrigerators: Yes
  • Fencing:Partial2: Yes
  • Fencing:Wood2: Yes
  • Washers: Yes
  • Percent Basement Finished: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1353.0
  • Fireplace Features: Gas Log, Great Room, Ventless
  • Fireplace: Yes
  • LivingArea: 3378.0
  • Lot Size Area: 0.35
  • 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
  • Basement:Walk-Out Access: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Other
  • Fencing: Partial, Wood
  • Foundation Details: Concrete Perimeter
  • List Price: 315000.0
  • Lot Features: Many Trees
  • Patio And Porch Features: Deck, Patio
  • View: Suburban
  • 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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Attached Garage, Basement, Garage Door Opener, Off Street

Utilities

  • Sewer: Septic Tank
  • Heating: Ceiling, Heat Pump, Natural Gas, Propane Tank Leased
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane Tank Leased: Yes
  • Heating:Ceiling: Yes

Condo/Co-op/Association

  • Community Features: Park

Lot Info

  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15246.0
  • Parcel Number: 041-5-1-94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
May 20, 2020
Sold by
Winks Karen S
Bought by
Bingham Robert Justus
Seller's Agent
Michael Hines
Lake Cumberland Real Estate Professionals
Buyer's Agent
Vicki Hines
Lake Cumberland Real Estate Professionals
List Price
$315,000
Sold Price
$304,718
Premium/Discount to List
-$10,282
-3.26%
Current Estimated Value
$435,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,278
Avg. Annual Appreciation
6.95%

Purchase Details

Closed on
Feb 15, 2006
Sold by
Polston Albert & Scott Bldrs I
Bought by
Winks Karen S and Winks Harold D
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
Bingham Robert Justus $304,718 --
Winks Karen S $232,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2020 05/20/20 Sold $304,718 -3.3% $90 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
11/08/2019 11/08/19 For Sale $315,000 +26.0% $93 / Sq Ft
05/20/2016 05/20/16 Sold $250,000 -7.4% --
05/02/2016 05/02/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $269,900 -- --
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 $1,914 $305,000 $15,000 $290,000
2023 $2,013 $305,000 $15,000 $290,000
2022 $2,087 $305,000 $15,000 $290,000
2021 $2,174 $305,000 $15,000 $290,000
2020 $2,157 $300,000 $300,000 $0
2019 $1,801 $250,000 $250,000 $0
2018 $1,787 $250,000 $250,000 $0
2017 $1,752 $250,000 $250,000 $0
2016 $1,914 $232,000 $232,000 $0
2015 $1,871 $232,000 $232,000 $0
2014 $1,821 $232,000 $232,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 3035914

ImagineMLS (Bluegrass REALTORS®)

APN: 041-5-1-94