V
Seller's Agent in 2025
Vicki Hines
Lake Cumberland Real Estate Professionals
257 Observation Pointe Dr Somerset, KY 42503
4
Beds
3
Baths
3,036
Sq Ft
0.42
Acres
Highlights
- Boat Ramp
- Above Ground Pool
- Wood Flooring
- Property is near a marina
- Deck
- Great Room
About This Home
As of April 2025Opportunity! Looking for a large fixer-upper in a great neighborhood that can be purchased for less than $100.00 per square ft.? Well here you go. This home is part of an estate and is priced to sell. There are no known structural or mechanical issues but the house does need various repairs, painting, flooring, and updates. Perfect solution for someone needing the space but would like to buy at a bargain price and do some of the work themselves. Call for an appointment soon.
Last Agent to Sell the Property
Vicki Hines
Lake Cumberland Real Estate Professionals License #188701 Listed on: 03/27/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 2004
Lot Details
- 0.42 Acre Lot
Parking
- 2 Car Attached Garage
- Basement Garage
- Front Facing Garage
- Driveway
Home Design
- Split Level Home
- Brick Veneer
- Dimensional Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Fireplace
- Insulated Windows
- Insulated Doors
- Entrance Foyer
- Great Room
- Family Room
- Dining Room
- Utility Room
- Neighborhood Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry on main level
- Washer and Electric Dryer Hookup
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Above Ground Pool
- Property is near a marina
- Boat Ramp
- Deck
Schools
- Southern Elementary And Middle School
- Southwestern High School
Utilities
- Cooling Available
- Air Source Heat Pump
- Electric Water Heater
- Septic Tank
Community Details
- Summitt Pointe Subdivision
Listing and Financial Details
- Assessor Parcel Number 050-1-2-44
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 27, 2025
Closed on
Apr 29, 2025
Sold by
Tucker Tommy and Tucker Barbara
Bought by
Wilson Jason B
Seller's Agent
Vicki Hines
Lake Cumberland Real Estate Professionals
Buyer's Agent
Greg Martin
Premier Properties of Lake Cumberland, Inc.
List Price
$299,900
Sold Price
$299,000
Premium/Discount to List
-$900
-0.3%
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,753
Avg. Annual Appreciation
2.78%
Original Mortgage
$284,000
Outstanding Balance
$280,434
Interest Rate
0.67%
Mortgage Type
Construction
Estimated Equity
$24,272
Purchase Details
Closed on
May 14, 2010
Sold by
Strunk Scotty W and Strunk Pamela R
Bought by
Tucker Steven
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $299,000 | Five Star Title | |
| Grant Deed | $186,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $284,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | Sold | $299,000 | -0.3% | $98 / Sq Ft |
| 04/03/2025 04/03/25 | Pending | -- | -- | -- |
| 03/27/2025 03/27/25 | For Sale | $299,900 | 0.0% | $99 / Sq Ft |
| 03/15/2025 03/15/25 | Pending | -- | -- | -- |
| 03/08/2025 03/08/25 | For Sale | $299,900 | -- | $99 / Sq Ft |
Source: ImagineMLS (Bluegrass REALTORS®)
Tax History Compared to Growth
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 | $1,699 | $285,000 | $10,000 | $275,000 |
| 2024 | $1,699 | $225,000 | $10,000 | $215,000 |
| 2023 | $1,751 | $225,000 | $10,000 | $215,000 |
| 2022 | $1,775 | $225,000 | $10,000 | $215,000 |
| 2021 | $1,850 | $225,000 | $10,000 | $215,000 |
| 2020 | $1,539 | $186,000 | $186,000 | $0 |
| 2019 | $1,590 | $186,000 | $186,000 | $0 |
| 2018 | $1,565 | $186,000 | $186,000 | $0 |
| 2017 | $1,535 | $186,000 | $186,000 | $0 |
| 2016 | $1,535 | $186,000 | $186,000 | $0 |
| 2015 | $1,500 | $186,000 | $186,000 | $0 |
| 2014 | $1,460 | $186,000 | $186,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Michael Hines
Seller Co-Listing Agent in 2025
Michael Hines
Lake Cumberland Real Estate Professionals
(606) 875-0398
99 in this area
160 Total Sales
-
Greg Martin
G
Buyer's Agent in 2025
Greg Martin
Premier Properties of Lake Cumberland, Inc.
(606) 383-2165
3 in this area
8 Total Sales
Map
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 25004341
APN: 050-1-2-44
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The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 LBAR Multiple Listing Service. All Rights Reserved.
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