NOT LISTED FOR SALE

2684 Cannonball Rd Somerset, KY 42501

Estimated Value: $76,000

26.2 Acres
$2,901 Price per Acre
1,141,272 Sq Ft Lot

Last Sold March 08, 2023

Last sale price $54,600 $5,460 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $410/month

70 Days on Market

About This Lot

As of March 2023

Only 15 minutes from Somerset, one of Kentucky's finest and most charming small cities, this UNRESTRICTED property in the Appalachian foothills offers multiple ridge top building opportunities off Cannonball Road, a paved, public road. - No Restrictions
- Paved Road Frontage
- Priced about 42% Below Market
- Power Available
- Multiple, Buildable Ridge Top Spots
- Graded Driveway
- Abundant Wildlife & Beautiful Foothills PROPERTY: This 26.2 acre lot is moderately wooded and it features about 2256 feet of direct frontage on Cannonball Road, a paved public road. A dirt driveway has been carved from the road and follows the ridgetops towards the back of the property. It runs through one relatively large flat spot back there, perfect for building. You could also choose to build in a couple other places along the road. With power running along road, and NO RESTRICTIONS to limit your ideas, build whatever you like! These rolling hills offer more than just a place to live though. With abundant deer and other wildlife romping through this distinctly Appalachian terrain, this makes for a great hunting and recreation tract as well.

Last Agent to Sell the Property

Anthony Gigilo

ListWithFreedom.com License #216275 Listed on: 12/05/2022

Last Buyer's Agent

GLAR Non-Member

GLAR Office - non member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $132

Lot Details

  • 26.2 Acre Lot

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 104-0-0-08.2

Property Details

Property Type

Land

Est. Annual Taxes

$132

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub-Type: Unimproved Land
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Size Area: 26.2
  • Possible Use: Residential

Exterior Features

  • List Price: 59400.0

Lot Info

  • Current Use: Unimproved
  • Lot Size Acres: 26.2
  • Lot Size Sq Ft: 1141272.0
  • Parcel Number: 104-0-0-08.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2022
Closed on
Mar 6, 2023
Sold by
Home Bridge Real Estate
Bought by
Stanton Martin
Seller's Agent
Anthony Gigilo
ListWithFreedom.com
Buyer's Agent
GLAR Non-Member
GLAR Office - non member
List Price
$64,700
Sold Price
$54,600
Premium/Discount to List
-$10,100
-15.61%
Views
382
Current Estimated Value
$76,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,400

Purchase Details

Closed on
Nov 28, 2022
Sold by
Kirchner Charles J
Bought by
Home Bridge Real Estate Llc

Purchase Details

Closed on
Jan 13, 2006
Sold by
Roland Vaughn
Bought by
Kirchner Mary and Kirchner Charles J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Stanton Martin $54,600 Millennial Title Llc
Home Bridge Real Estate Llc $15,000 Millennial Title Llc
Kirchner Mary $35,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2023 03/08/23 Sold $54,600 -8.1% $5,460 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/01/2023 02/01/23 Price Changed $59,400 -8.2% $5,940 / Sq Ft
12/05/2022 12/05/22 For Sale $64,700 +29.4% $6,470 / Sq Ft
06/01/2016 06/01/16 Sold $50,000 -16.7% $5,000 / Sq Ft View Prior Sale
05/06/2016 05/06/16 Pending -- -- --
09/08/2013 09/08/13 For Sale $60,000 -- $6,000 / 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 $132 $17,500 $17,500 $0
2024 $130 $55,000 $55,000 $0
2023 $136 $55,000 $55,000 $0
2022 $99 $50,000 $50,000 $0
2021 $411 $50,000 $50,000 $0
2020 $414 $50,000 $50,000 $0
2019 $428 $50,000 $50,000 $0
2018 $105 $50,000 $50,000 $0
2017 $103 $50,000 $50,000 $0
2016 $103 $12,500 $12,500 $0
2015 $101 $12,500 $12,500 $0
2014 $98 $35,000 $35,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22025953

ImagineMLS (Bluegrass REALTORS®)

APN: 104-0-0-08.2