NOT LISTED FOR SALE

29 Rose Point Somerset, KY 42503

Estimated Value: $113,000 - $120,000

1 Bed
1 Bath
588 Sq Ft
$200/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $72,500 $123 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $661/month

157 Days on Market

Highlights

  • Wooded Lot
  • Eat-In Kitchen
  • Views
  • Wood Flooring
  • Cooling Available
  • Park

About This Home

As of April 2021

REDUCED $5000!! Ideal vacation cabin or permanent residence, located just 15 minutes from Lee's Ford Marina. This historic log cabin is one of four Forest Service Cabins that were relocated when Lake Cumberland was impounded in the 1940's. The cabin has recently been renovated inside and out. Lots of storage in the basement garage. Plenty of room for boat parking. Just 5 minutes to shopping, restaurants and golf.

Last Agent to Sell the Property

Michael Hines

Lake Cumberland Real Estate Professionals License #206380 Listed on: 11/19/2020

Last Buyer's Agent

Gina Hill

RE/MAX LakeTime Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $547

Lot Details

  • 0.25 Acre Lot
  • Wooded Lot
  • Many Trees

Home Design

  • Block Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 588 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer

Parking

  • Garage
  • Basement Garage

Utilities

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

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 059-3-2-60

Home Details

Home Type

Single Family

Est. Annual Taxes

$547

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 588.0
  • Levels: One
  • New Construction: No
  • 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
  • Flooring:Laminate: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen
  • Flooring: Carpet, Laminate, Wood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full, Unfinished
  • Basement: Yes
  • Total Bedrooms: 1
  • Fireplace: No
  • LivingArea: 588.0
  • Lot Size Area: 0.25
  • Full Basement: Yes
  • Appliances Range: Yes

Exterior Features

  • Roof: Metal
  • Construction Materials: Wood Siding
  • Foundation Details: Block
  • List Price: 84900.0
  • Lot Features: Many Trees, Wooded
  • View: Suburban
  • View YN: Yes
  • Waterfront: No
  • Lot Features:Wooded: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Basement

Utilities

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

Condo/Co-op/Association

  • Community Features: Park

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890.0
  • Parcel Number: 059-3-2-60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2020
Closed on
Apr 26, 2021
Sold by
Walker Chris and Walker Jenna
Bought by
Michaels William D and Secondino Cheryl D
Seller's Agent
Michael Hines
Lake Cumberland Real Estate Professionals
Buyer's Agent
Gina Hill
RE/MAX LakeTime Realty
List Price
$89,900
Sold Price
$72,500
Premium/Discount to List
-$17,400
-19.35%
Current Estimated Value
$117,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,964
Avg. Annual Appreciation
11.29%
Original Mortgage
$58,000
Outstanding Balance
$52,417
Interest Rate
3.06%
Mortgage Type
Construction
Estimated Equity
$65,047
Source: Public Records

Range of Values:

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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
Michaels William D $72,500 Kentucky Mtn Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michaels William D $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2021 04/26/21 Sold $72,500 -19.4% $123 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
11/19/2020 11/19/20 For Sale $89,900 -- $153 / 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 $547 $72,500 $10,000 $62,500
2024 $536 $72,500 $10,000 $62,500
2023 $564 $72,500 $10,000 $62,500
2022 $572 $72,500 $10,000 $62,500
2021 $244 $29,680 $29,680 $0
2020 $246 $29,680 $29,680 $0
2019 $254 $29,680 $29,680 $0
2018 $250 $29,680 $29,680 $0
2017 $245 $29,680 $29,680 $0
2016 $245 $29,680 $29,680 $0
2015 $239 $29,680 $29,680 $0
2014 $233 $29,680 $29,680 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Hines

    Seller's Agent in 2021

    Michael Hines

    Lake Cumberland Real Estate Professionals

    (606) 875-0398

    101 in this area

    169 Total Sales

    Michael Hines
    Section Image

  • G

    Buyer's Agent in 2021

    Gina Hill

    RE/MAX

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 3038738

ImagineMLS (Bluegrass REALTORS®)

APN: 059-3-2-60

Kentucky Pulaski County Somerset 42503

29 Rose Point, Somerset, KY

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