$724,900
$475K PRICE DROP

27 Waterworks Dr Somerset, KY 42503

Estimated payment $4,064/month

Total Views 13,841
5 Beds
4 Baths
2,880 Sq Ft
$252 Price per Sq Ft

Highlights

  • Access To Lake
  • Waterfront
  • 1.5-Story Property
  • Lake View
  • Deck
  • Wood Flooring

About This Home

Truly one-of-a-kind lake view! Boat ramp at end of street at Waitsboro Campground. Walk to lake from backyard. 2 kitchens, 4 full bathrooms and 5 bedrooms. One attached garage, separate 2-car garage. Owners use as single family, but close two doors and becomes duplex with VRBO or seasonal/annual rental or multi-generational living. Bonus includes attached separate lot facing US 27 with newer 32x32x12 garage for boats, etc with outdoor parking for up to 8+ cars. Possible commercial use with US 27 frontage.

Listing Agent

Susan Alderdice

Lake Homes Realty License #186632 Listed on: 07/13/2024

Lake Homes Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,137

Lot Details

  • 0.93 Acre Lot
  • Waterfront
  • Partially Fenced Property

Parking

  • 3 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Lake
  • Woods

Home Design

  • 1.5-Story Property
  • Brick Veneer
  • Block Foundation
  • Dimensional Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Blinds
  • Window Screens
  • Living Room
  • Dining Room with Fireplace
  • Pull Down Stairs to Attic
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Crawl Space

Outdoor Features

  • Access To Lake
  • Property is near a marina
  • Deck

Schools

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

Utilities

  • Dehumidifier
  • Window Unit Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 063-2-1-31, 063-2-1-32

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,137

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Structure Type: House, Duplex
  • Year Built: 9999
  • Above Grade Finished Sq Ft: 2640.0
  • Levels: One and One Half
  • ResoPropertyType: Residential
  • Location Tax Legal Info:Elementary School: Southern
  • 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: 2024-07-13
  • General Property Description:Lot Size Acres: 0.93
  • General Property Description:Above Grade Finished Area: 2640.0
  • General Property Description:Below Grade Unfinished Area: 2400.0
  • General Property Description:Waterfront: Yes
  • Utilities:Electricity2: Electricity Connected
  • Water: Water Connected
  • Structure Type:House: Yes
  • Roof:Dimensional Style: 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
  • Architectural Style:Ranch: Yes
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • Roof:Composition: Yes
  • Flooring:Vinyl: Yes
  • Cooling:Heat Pump3: Yes
  • View:Trees: Yes
  • Fencing:Partial2: Yes
  • General Property Description:Below Grade Finished Area: 240.0
  • View:Water2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Water Access:Walk-To-Lake: Yes
  • Attic:Pull Down Stairs: Yes
  • Stories:One and One Half: Yes
  • Structure Type:Duplex2: Yes
  • Cooling:Window Unit(s): Yes
  • Other Equipment:Dehumidifier: Yes
  • Water Access:RampMarina Nearby: Yes
  • General Property Description:Finished Area Total: 2880.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Dining Area, Bedroom First Floor, Ceiling Fan(s)
  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Partial, Partially Finished, Crawl Space, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 240.0
  • Fireplace Features: Dining Room
  • Fireplace: Yes
  • Lot Size Area: 0.93
  • Other Equipment: Dehumidifier
  • Window Features: Window Treatments, Screens, Blinds
  • Fireplace Features:Fireplace YN: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Dining Area2: Yes
  • Interior Features:Eat-in Kitchen2: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Bedroom First Floor: Yes
  • Basement:Partial: Yes
  • Basement:Partially Finished: Yes
  • Appliances:Electric Water Heater: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Dining Room3: Yes
  • General Property Description:_pound_ of Primary Bedrooms: 1
  • Rooms:_pound_ of Bedrooms2: 4

Exterior Features

  • Exterior Features: Deck, Storm Door(s)
  • Roof: Composition, Dimensional Style
  • Construction Materials: Vinyl Siding, Brick Veneer
  • Fencing: Partial
  • Foundation Details: Block
  • List Price: 724900.0
  • Lot Features: Waterfront
  • Other Structures: Other
  • View: Lake, Trees, Water
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Screens: Yes
  • Exterior Features:Storm Door(s): Yes
  • Window Features:Window Treatments: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Vinyl Siding: Yes
  • View:Lake: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport: No
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Off Street
  • Garage Features:Garage YN: Yes
  • Garage Features:Garage Spaces: 3.0
  • Garage Features:Attached: Yes
  • Garage Features:Garage Faces Front: Yes
  • Garage Features:Garage Door Opener: Yes
  • Carport Features:Carport YN: No
  • Parking Features:Off Street2: Yes
  • Garage Features:Detached: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Baseboard, Heat Pump
  • Cooling: Heat Pump, Window Unit(s)
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Main Level
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Baseboard: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Acres: 0.93
  • Lot Size Sq Ft: 40511.0
  • Parcel Number: 063-2-1-31, 063-2-1-32
  • ResoLotSizeUnits: Acres

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,137 $200,000 $200,000 $0
2023 $1,196 $200,000 $200,000 $0
2022 $785 $140,000 $140,000 $0
2021 $1,151 $140,000 $140,000 $0
2020 $1,159 $140,000 $140,000 $0
2019 $983 $115,000 $115,000 $0
2018 $968 $115,000 $115,000 $0
2017 $949 $115,000 $115,000 $0
2016 $949 $115,000 $115,000 $0
2015 $927 $115,000 $115,000 $0
2014 $903 $115,000 $115,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Price Changed $724,900 -14.7% $252 / Sq Ft
08/14/2024 08/14/24 Price Changed $849,900 -29.2% $295 / Sq Ft
07/13/2024 07/13/24 For Sale $1,200,000 -- $417 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Purchase History

Date Type Sale Price Title Company
Grant Deed $110,000 --
Source: Public Records

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Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24014513

ImagineMLS (Bluegrass REALTORS®)

APN: 063-2-1-31