NOT LISTED FOR SALE

2240 Cedar Grove Rd Somerset, KY 42501

Estimated Value: $170,000 - $220,000

1 Bed
1 Bath
2,232 Sq Ft
$88/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $115,000 $52 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,109/month

57 Days on Market

Highlights

  • 4.5 Acre Lot
  • Deck
  • 2 Car Attached Garage
  • Mountain View
  • Wooded Lot
  • Eat-In Kitchen

About This Home

As of June 2021

MOTIVATED SELLER!! LAKE CUMBERLAND VACATION DREAM! Tons of potential to make this HOME! (VRBO) Maybe It's like a little piece of Pigeon Forge or for all year living, less than 5 minutes to the Lake near by! This home has two huge garage spaces with one big enough for your larger boat and toys! Utility and bonus room off the garage area. Completely updated to a proud vacation unit you'll want to enjoy with all your friends! Upstairs, you will find a perfect get-a-way nook with a private deck, nice bedroom, full bath & full kitchen, plus a living room area to watch your big screen tv, OR watch the birds & wildlife out the huge windows & doors! Outback a fire pit to enjoy, plus a huge extra storage building! That's not all, aprox 4.5 acres to enjoy. Plenty of room for a couple of Rv parking for family for a longer stay. Central heat/air to rest and relax from the hustle of life. In a great neighborhood! All this for only $139,900. You MUST see to believe!

Last Agent to Sell the Property

Kathy Dick

Premier Properties of Lake Cumberland, Inc. License #287944 Listed on: 05/21/2021

Last Buyer's Agent

Unknown Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $851

Year Built

  • Built in 1990

Lot Details

  • 4.5 Acre Lot
  • Wooded Lot
  • Many Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Block Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Mountain Views
  • Storage In Attic
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06-0-0-10.1

Home Details

Home Type

Single Family

Est. Annual Taxes

$851

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1990
  • Above Grade Finished Sq Ft: 408.0
  • Levels: One and One Half
  • Flooring:Carpet: Yes
  • Water Source:Public: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • View:Mountains: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Eat-in Kitchen
  • Flooring: Carpet, Concrete
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: No
  • Total Bedrooms: 1
  • Below Grade Sq Ft: 1824.0
  • Door Features: Storm Door(s)
  • Fireplace: No
  • LivingArea: 2232.0
  • Lot Size Area: 4.5
  • Appliances Range: Yes

Exterior Features

  • Roof: Metal
  • Construction Materials: Vinyl Siding, Other
  • Foundation Details: Block
  • List Price: 139900.0
  • Lot Features: Many Trees, Wooded
  • Patio And Porch Features: Deck
  • View: Mountain(s)
  • View YN: Yes
  • Waterfront: No
  • Exterior Features:Storm Door(s): Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

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

Lot Info

  • Lot Size Acres: 4.5
  • Lot Size Sq Ft: 196020.0
  • Parcel Number: 06-0-0-10.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 25, 2021
Sold by
Silvers Craig and Silvers Regina
Bought by
Ginn Stephen
Seller's Agent
Kathy Dick
Premier Properties of Lake Cumberland, Inc.
Buyer's Agent
Unknown Member
Non-Member Office
List Price
$149,900
Sold Price
$115,000
Premium/Discount to List
-$34,900
-23.28%
Current Estimated Value
$195,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,719
Avg. Annual Appreciation
13.16%
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
Ginn Stephen $115,000 Attorney Only
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $115,000 -23.3% $52 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $149,900 -- $67 / 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 $851 $115,000 $15,000 $100,000
2023 $895 $115,000 $15,000 $100,000
2022 $926 $115,000 $15,000 $100,000
2021 $386 $47,000 $15,000 $32,000
2020 $207 $25,000 $25,000 $0
2019 $214 $25,000 $25,000 $0
2018 $210 $25,000 $25,000 $0
2017 $206 $25,000 $25,000 $0
2016 $206 $25,000 $25,000 $0
2015 $202 $25,000 $25,000 $0
2014 $196 $25,000 $25,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 3039772

ImagineMLS (Bluegrass REALTORS®)

APN: 063-0-0-10.1