$424,900
$50K PRICE DROP

3101 Simpson Dr Somerset, KY 42503

Estimated payment $2,409/month

Total Views 16,094
5 Beds
3.5 Baths
4,000 Sq Ft
$106 Price per Sq Ft

Highlights

  • Lake View
  • Wooded Lot
  • Brick Veneer
  • 1.7 Acre Lot
  • Wood Flooring
  • Cooling Available

About This Home

PRICE REDUCED $50,000!!!! Amazing year-round lake views of beautiful Lake Cumberland from this three level A Frame lake home, features 5 bedrooms with 3 and 1/2 baths, three masonry wood burning fireplaces, three levels of decks for outdoor entertainment. This home sits on 2 1/2 lots totaling almost 2 acres. A partial unfinished basement with a 2-car garage plus a detached 2 car garage for your boat and lake toys. Just minutes to marinas and boat ramps!!!

Listing Agent

Michael Hines

Lake Cumberland Real Estate Professionals License #206380 Listed on: 03/13/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,332

Year Built

  • Built in 1975

Lot Details

  • 1.7 Acre Lot
  • Wooded Lot

Home Design

  • Brick Veneer
  • Block Foundation
  • Dimensional Roof
  • Vinyl Siding

Interior Spaces

  • 4,000 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Utility Room
  • Washer and Electric Dryer Hookup
  • Lake Views
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Garage
  • Front Facing Garage
  • Driveway

Schools

  • Oakhill Elementary School
  • Southern Middle School
  • Southwestern High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • Golden Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050-5-1-51

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,332

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Year Built: 1975
  • Above Grade Finished Sq Ft: 4000.0
  • Levels: Three Or More
  • Structure Type:House: Yes
  • Roof:Dimensional Style: Yes
  • Flooring:Carpet: Yes
  • Water Source:Public: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Foundation Details:Block3: Yes
  • Flooring:Laminate: Yes
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Oven, Refrigerator
  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Partial, Unfinished
  • Basement: Yes
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Great Room, Living Room, Masonry, Wood Burning
  • Fireplace: Yes
  • LivingArea: 4000.0
  • Lot Size Area: 1.7
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Basement:Partial: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Vinyl Siding, Brick Veneer
  • Fencing: None
  • Foundation Details: Block
  • List Price: 424900.0
  • Lot Features: Wooded
  • Patio And Porch Features: Deck
  • View: Lake
  • View YN: Yes
  • Water Body Name: Lake Cumberland
  • Waterfront: Yes
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Wooded: Yes
  • View:Lake: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage: Yes
  • Parking Features: Attached Garage, Detached Garage, Driveway, Garage Faces Front, Garage Faces Side
  • Parking Features:Driveway: Yes

Utilities

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

Schools

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

Lot Info

  • Lot Size Acres: 1.7
  • Lot Size Sq Ft: 74052.0
  • Parcel Number: 050-5-1-51

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 $1,332 $180,000 $30,000 $150,000
2023 $1,401 $180,000 $30,000 $150,000
2022 $1,420 $180,000 $30,000 $150,000
2021 $1,480 $180,000 $30,000 $150,000
2020 $1,324 $160,000 $25,000 $135,000
2019 $1,368 $160,000 $25,000 $135,000
2018 $1,077 $128,000 $128,000 $0
2017 $1,056 $128,000 $128,000 $0
2016 $1,056 $128,000 $128,000 $0
2015 $1,032 $128,000 $128,000 $0
2014 $1,005 $128,000 $128,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $424,900 -10.5% $106 / Sq Ft
03/13/2025 03/13/25 For Sale $475,000 -- $119 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Purchase History

Date Type Sale Price Title Company
Grant Deed $128,000 --
Source: Public Records

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Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25004728

ImagineMLS (Bluegrass REALTORS®)

APN: 050-5-1-51