NOT LISTED FOR SALE

241 Magnolia Ave Somerset, KY 42503

Estimated Value: $506,000 - $612,199

5 Beds
6 Baths
5,828 Sq Ft
$96/Sq Ft Est. Value

Last Sold May 20, 2020

Last sale price $410,000 $70 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,178/month

183 Days on Market

Highlights

  • Spa
  • Fireplace in Primary Bedroom
  • Double Oven
  • 8.78 Acre Lot
  • Wood Flooring
  • 4 Car Garage

About This Home

As of May 2020

This quality built home on approx 9 acres has it all, 7000 sq ft under roof with approx 6000 finished. 5 BR, 6 full baths on 2 floors and approx 1000 sq ft finished game room in the basement. Geo-Thermal heat and air, pella casement windows, beautiful crown molding and trim still looks new as well as the hardwood flooring. This home is a must see to appreciate. Extra hobby garage, tennis court & 1000 sq ft lighted patio with hot tub.

Last Agent to Sell the Property

Kathy Sears

CENTURY 21 Advantage Realty License #192818 Listed on: 10/08/2019

CENTURY 21 Advantage Realty

Last Buyer's Agent

Unknown Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,048

Year Built

  • Built in 1988

Lot Details

  • 8.78 Acre Lot
  • Partially Fenced Property
  • Many Trees

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Brick Veneer
  • Dimensional Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1.5-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Window Screens
  • Insulated Doors
  • Living Room with Fireplace
  • Washer and Electric Dryer Hookup
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 6 Full Bathrooms
  • Soaking Tub

Attic

  • Storage In Attic
  • Attic Access Panel
  • Walk-In Attic
  • Partially Finished Attic

Finished Basement

  • Partial Basement
  • Fireplace in Basement

Home Security

  • Security System Owned
  • Intercom

Outdoor Features

  • Spa
  • Patio

Utilities

  • Heating unit installed on the ceiling
  • Geothermal Heating and Cooling
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 050-9-2-19

Community Details

Overview

  • Green Meadows Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,048

Year Built

Built in 1988

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1988
  • Above Grade Finished Sq Ft: 5228.0
  • Levels: One and One Half
  • 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
  • Appliances Refrigerators: Yes
  • Roof:Composition: Yes
  • Fencing:Partial2: Yes
  • Percent Basement Finished: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Double Oven, Microwave, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Finished, Partial
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 600.0
  • Fireplace Features: Basement, Living Room, Primary Bedroom
  • Fireplace: Yes
  • LivingArea: 5828.0
  • Lot Size Area: 8.78
  • Other Equipment: Intercom
  • Window Features: Blinds, Insulated Windows, Screens, Window Treatments
  • Appliances Dishwasher: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Central Vacuum: Yes
  • Basement:Partial: Yes
  • Fireplace Features:Primary Bedroom: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Roof: Composition, Dimensional Style
  • Construction Materials: Brick Veneer
  • Fencing: Partial
  • Foundation Details: Concrete Perimeter
  • List Price: 450000.0
  • Lot Features: Many Trees
  • Patio And Porch Features: Patio
  • View: Suburban
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Screens: Yes
  • Window Features:Window Treatments: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Attached Garage, Detached Garage, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Heating: Ceiling, Geothermal
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security Features: Security System Owned
  • Water Source: Public
  • Heating:Geothermal2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Ceiling: Yes

Condo/Co-op/Association

  • Community Features: Park

Lot Info

  • Lot Size Acres: 8.78
  • Lot Size Sq Ft: 382457.0
  • Parcel Number: 050-9-2-19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2019
Closed on
May 20, 2020
Bought by
Stevens Chester A
Seller's Agent
Kathy Sears
CENTURY 21 Advantage Realty
Buyer's Agent
Unknown Member
Non-Member Office
List Price
$450,000
Sold Price
$410,000
Premium/Discount to List
-$40,000
-8.89%
Current Estimated Value
$557,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,550
Avg. Annual Appreciation
5.81%
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
Stevens Chester A $410,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2020 05/20/20 Sold $410,000 -8.9% $70 / Sq Ft
04/09/2020 04/09/20 Pending -- -- --
10/08/2019 10/08/19 For Sale $450,000 -- $77 / 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 $3,048 $600,000 $50,000 $550,000
2024 $2,987 $450,000 $50,000 $400,000
2023 $3,141 $450,000 $50,000 $400,000
2022 $3,231 $450,000 $50,000 $400,000
2021 $3,366 $450,000 $50,000 $400,000
2020 $3,771 $495,000 $495,000 $0
2019 $3,896 $495,000 $495,000 $0
2018 $3,849 $495,000 $495,000 $0
2017 $4,084 $495,000 $495,000 $0
2016 $4,084 $495,000 $495,000 $0
2015 $3,992 $495,000 $495,000 $0
2014 $3,886 $495,000 $495,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 3035692

ImagineMLS (Bluegrass REALTORS®)

APN: 050-9-2-19