NOT LISTED FOR SALE

196 George St Somerset, KY 42503

Estimated Value: $699,000 - $749,000

5 Beds
3.5 Baths
5,397 Sq Ft
$134/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $640,000 $119 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,284/month

146 Days on Market

Highlights

  • Property is near a marina
  • Lake View
  • Deck
  • Home Theater
  • Waterfront
  • Wood Flooring

About This Home

As of April 2023

Beautiful custom built home sitting on Lake Cumberland. Features 5 bedrooms, 3 full bathrooms, 1/2 bathroom, large primary suite, custom cabinets in magnificent kitchen, home theater, hardwood floors, 2 fireplaces, formal dining area and breakfast area, full finished walkout basement, large 2 car attached garage and nice landscape. Carrara marble in half bath, added pool, added salon and the newest smart home security system/cameras, nest thermostat, 2 of the 3 A/C units are new, roof is 1 year old. Just minutes to the Lake Forest boat ramp. Seller's are providing a one year home warranty.

Last Agent to Sell the Property

Laura Hayes Carpenter

Keller Williams Commonwealth License #223489 Listed on: 10/25/2022

Keller Williams Commonwealth

Last Buyer's Agent

Null Non-Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,735

Year Built

  • Built in 2005

Lot Details

  • 0.59 Acre Lot
  • Waterfront

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Woods
  • Neighborhood

Home Design

  • Brick Veneer
  • Dimensional Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,397 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Insulated Windows
  • Blinds
  • Window Screens
  • Insulated Doors
  • Dining Area
  • Home Theater
  • Attic

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Walk-Up Access

Home Security

  • Security System Owned
  • Storm Windows

Outdoor Features

  • Property is near a marina
  • Deck
  • Patio

Schools

  • Oakhill Elementary School
  • Southern Middle School
  • Not Applicable Middle School
  • Southwestern High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rural Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 041-7-0-37

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,735

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Year Built: 2005
  • Levels: Two
  • New Construction: No
  • ResoPropertyType: Residential
  • Location Tax Legal Info:Elementary School: Oakhill
  • Location Tax Legal Info:Middle or Junior School: Southern
  • Location Tax Legal Info:High School: Southwestern
  • Location Tax Legal Info:Intermediate School: Not Applicable
  • Contract Info:On Market Date: 2022-10-25
  • General Property Description:Lot Size Acres: 0.59
  • General Property Description:Waterfront: Yes
  • Utilities:Electricity2: Electricity Connected
  • Utilities Sewer: Sewer Connected
  • Water: Water Connected
  • Structure Type:House: Yes
  • View:Neighborhood: Yes
  • Stories:Two2: Yes
  • Roof:Dimensional Style: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Basement: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Attic:Attic YN: 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
  • Cooling:Heat Pump3: Yes
  • View:Trees: Yes
  • Flooring:Concrete2: Yes
  • View:Water2: Yes
  • Percent Basement Finished: Yes
  • Home Warranty Information:Home Warranty YN: Yes
  • Other Equipment:Home Theater: Yes
  • Water Access:RampMarina Nearby: Yes
  • General Property Description:Finished Area Total: 5397.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Primary First Floor, Walk-In Closet(s), Security System Owned, Breakfast Bar, Dining Area, Bedroom First Floor, Ceiling Fan(s), Home Theater, Skylight(s), Wet Bar, Whirlpool
  • Flooring: Carpet, Concrete, Hardwood, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Finished, Walk-Up Access, Walk-Out Access
  • Total Bedrooms: 5
  • Lot Size Area: 0.59
  • Window Features: Storm Window(s), Screens, Insulated Windows, Blinds
  • Fireplace Features:Fireplace YN: Yes
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Primary First Floor: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Dining Area2: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Whirlpool: Yes
  • Interior Features:Security System Owned: Yes
  • Interior Features:Bedroom First Floor: Yes
  • Basement:Walk-Up Access: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Wet Bar: Yes
  • General Property Description:_pound_ of Half Baths: 1

Exterior Features

  • Construction Materials: Brick Veneer
  • Home Warranty: Yes
  • List Price: 650000.0
  • Lot Features: Waterfront
  • View: Lake, Neighborhood, Trees, Water
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Screens: Yes
  • Exterior Features:Patio3: Yes
  • Exterior Features:Deck: Yes
  • View:Lake: Yes
  • Window Features:Storm Window(s): Yes
  • Window Features:Skylight(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Driveway, Garage Faces Side, Garage Door Opener
  • Garage Features:Garage YN: Yes
  • Garage Features:Garage Spaces: 2.0
  • Garage Features:Attached: Yes
  • Garage Features:Garage Door Opener: Yes
  • Carport Features:Carport YN: No
  • Parking Features:Driveway: Yes
  • Garage Features:Garage Faces Side: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Acres: 0.59
  • Lot Size Sq Ft: 25700.0
  • Parcel Number: 041-7-0-37
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Apr 3, 2023
Sold by
Whitaker Cody W and Whitaker Cameron D
Bought by
Bone Michael and Bone Terri
Seller's Agent
Laura Hayes Carpenter
Keller Williams Commonwealth
Buyer's Agent
Null Non-Member
Non-Member Office
List Price
$680,000
Sold Price
$640,000
Premium/Discount to List
-$40,000
-5.88%
Views
288
Current Estimated Value
$713,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,658
Avg. Annual Appreciation
6.15%

Purchase Details

Closed on
May 13, 2022
Sold by
Webster Oral R and Webster Judy A
Bought by
Webster Rickie Oral and Webster Judy A

Purchase Details

Closed on
Dec 9, 2004
Sold by
Lake Cumberland Builders Inc
Bought by
Dicke Sharon R
Source: Public Records

Range of Values:

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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
Bone Michael $640,000 Springdale Title Llc
Webster Rickie Oral $635,000 Springdale Title Llc
Dicke Sharon R $370,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $640,000 -1.5% $119 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/07/2023 03/07/23 Price Changed $650,000 -0.8% $120 / Sq Ft
12/31/2022 12/31/22 Price Changed $655,000 -0.8% $121 / Sq Ft
12/13/2022 12/13/22 Price Changed $660,000 -1.5% $122 / Sq Ft
11/18/2022 11/18/22 Price Changed $669,900 -1.0% $124 / Sq Ft
11/04/2022 11/04/22 Price Changed $677,000 -0.4% $125 / Sq Ft
10/25/2022 10/25/22 For Sale $680,000 -- $126 / 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
2024 $4,735 $640,000 $50,000 $590,000
2023 $4,941 $635,000 $50,000 $585,000
2022 $3,313 $420,000 $40,000 $380,000
2021 $3,452 $420,000 $40,000 $380,000
2020 $3,144 $419,200 $419,200 $0
2019 $2,827 $370,000 $370,000 $0
2018 $2,797 $370,000 $370,000 $0
2017 $2,742 $370,000 $370,000 $0
2016 $2,748 $370,000 $370,000 $0
2015 $2,686 $370,000 $370,000 $0
2014 $2,622 $370,000 $370,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22023504

ImagineMLS (Bluegrass REALTORS®)

APN: 041-7-0-37