NOT LISTED FOR SALE

3010 Wallace Ct Somerset, KY 42503

Estimated Value: $271,000 - $315,000

3 Beds
2 Baths
1,400 Sq Ft
$206/Sq Ft Est. Value

Last Sold October 06, 2022

Last sale price $255,000 $182 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,730/month

Highlights

  • Attic
  • Neighborhood Views
  • Attached Garage
  • No HOA
  • Fireplace
  • Cooling Available

About This Home

As of October 2022

Immaculate home in the heart of Somerset, close to shopping, hospital, and schools. This 3 bedroom home has split floor plan with two full baths. Home sits on a flat, half acre lot that is fenced in the back. There is a large two car garage as well. Schedule your appointment today!

Last Agent to Sell the Property

Elizabeth Gambrel

Weichert Realtors Ford Brothers, Inc. License #251091 Listed on: 09/05/2022

Weichert Realtors Ford Brothers, Inc.

Last Buyer's Agent

Chester Copeland

Cumberland Realty Group & Auctions LLC License #274493

Cumberland Realty Group & Auctions LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,887

Year Built

  • Built in 2020

Lot Details

  • 0.5 Acre Lot
  • Wood Fence
  • Wire Fence

Home Design

  • Block Foundation
  • Composition Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Window Screens
  • Neighborhood Views
  • Pull Down Stairs to Attic
  • Washer and Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Patio

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 046-9-1-05

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,887

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Year Built: 2020
  • Levels: One
  • New Construction: No
  • 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: 2022-09-05
  • General Property Description:Lot Size Acres: 0.5
  • General Property Description:Waterfront: No
  • Structure Type:House: Yes
  • View:Neighborhood: Yes
  • Basement: No
  • 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
  • Stories:One: Yes
  • Foundation Details:Block3: Yes
  • Flooring:Laminate: Yes
  • Appliances Refrigerators: Yes
  • Roof:Composition: Yes
  • Cooling:Heat Pump3: Yes
  • Fencing:Wood2: Yes
  • Attic:Pull Down Stairs: Yes
  • General Property Description:Finished Area Total: 1400.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Lot Size Area: 0.5
  • Window Features: Screens
  • Fireplace Features:Fireplace YN: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Construction Materials: Other
  • Fencing: Wood
  • List Price: 259900.0
  • View: Neighborhood
  • Window Features:Screens: Yes
  • Exterior Features:Patio3: Yes
  • Construction Materials:Other4: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport: No
  • Garage: Yes
  • Parking Features: Driveway
  • Garage Features:Garage YN: Yes
  • Garage Features:Attached: Yes
  • Carport Features:Carport YN: No
  • Parking Features:Driveway: Yes

Utilities

  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Water Source: Public
  • Heating:Heat Pump2: 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: 0.5
  • Lot Size Sq Ft: 21780.0
  • Parcel Number: 046-9-1-05
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2024
Sold by
Gumm Ashley L and Gumm David L
Bought by
Smith Brent W
Current Estimated Value
$288,653

Purchase Details

Listed on
Sep 5, 2022
Closed on
Oct 6, 2022
Sold by
Noel Chase A and Noel Emily
Bought by
Gumm David
Seller's Agent
Elizabeth Gambrel
Weichert Realtors Ford Brothers, Inc.
Buyer's Agent
Chester Copeland
Cumberland Realty Group & Auctions LLC
List Price
$259,900
Sold Price
$255,000
Premium/Discount to List
-$4,900
-1.89%
Views
72

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Original Mortgage
$255,000
Interest Rate
6.62%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 29, 2018
Sold by
Wallace Mack L
Bought by
Chase Noel A and Chase Emily Noel
Source: Public Records

Range of Values:

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Average Value
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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
Smith Brent W $239,000 Attorney Only
Gumm David $255,000 Attorney Only
Chase Noel A $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gumm David $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Sold $255,000 -1.9% $182 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
09/05/2022 09/05/22 For Sale $259,900 +42.0% $186 / Sq Ft
05/21/2020 05/21/20 Sold $183,000 +1.7% $131 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $179,900 -- $129 / 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
2024 $1,887 $255,000 $15,000 $240,000
2023 $1,984 $255,000 $15,000 $240,000
2022 $1,444 $183,000 $15,000 $168,000
2021 $1,504 $183,000 $15,000 $168,000
2020 $50 $6,000 $6,000 $0
2019 $51 $6,000 $6,000 $0
2018 $50 $6,000 $6,000 $0
2017 $50 $6,000 $6,000 $0
2016 $50 $6,000 $6,000 $0
2015 $48 $6,000 $6,000 $0
2014 $47 $6,000 $6,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22019791

ImagineMLS (Bluegrass REALTORS®)

APN: 062-2-1-20