Ashley Spencer
Keller Williams Commonwealth
(606) 208-0996
251 Total Sales
2 in Somerset
$125K - $150K Price Range
3101 Simpson Dr Somerset, KY 42503
Somerset AreaEstimated Value: $410,000 - $425,568
5
Beds
3.5
Baths
4,000
Sq Ft
$104/Sq Ft
Est. Value
Highlights
- Boat Ramp
- Lake View
- 1.7 Acre Lot
- Property is near a marina
- Waterfront
- Deck
About This Home
As of March 2026PRICE 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!!!
Last Agent to Sell the Property
Lake Cumberland Real Estate Professionals License #206380 Listed on: 01/01/2026
Last Buyer's Agent
Lake Cumberland Real Estate Professionals License #206380 Listed on: 01/01/2026
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Home Details
Home Type
- Single Family
Year Built
- Built in 1975
Lot Details
- 1.7 Acre Lot
- Waterfront
- Wooded Lot
Home Design
- Brick Veneer
- Block Foundation
- Dimensional Roof
- Vinyl Siding
Interior Spaces
- 4,000 Sq Ft Home
- 3-Story Property
- 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 or Range
- Cooktop
- Dishwasher
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
Parking
- Garage
- Front Facing Garage
- Side Facing Garage
- Driveway
Outdoor Features
- Property is near a marina
- Boat Ramp
- Deck
Schools
- Oakhill Elementary School
- Southern Middle School
- Southwestern High School
Utilities
- Cooling Available
- Air Source Heat Pump
- Septic Tank
Community Details
- Golden Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 050-5-1-51
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Somerset, KY
-
Ashley Spencer
-
Ciara Isaacs Hagedorn
Ciara Isaacs Hagedorn
RE/MAX Elite Lexington
(859) 800-7360
80 Total Sales
1 in Somerset
$214,000 Price
-
Tabitha House
Tabitha House
CENTURY 21 Advantage Realty
(606) 729-0903
212 Total Sales
4 in Somerset
$104K - $230K Price Range
-
Rola Lawand-Duran
Rola Lawand-Duran
FC Tucker Bluegrass
(859) 413-4344
24 Total Sales
1 in Somerset
$286,400 Price
-
Michella Tuttle
Michella Tuttle
Responds QuicklyCENTURY 21 Advantage Realty
(606) 404-4630
36 Total Sales
1 in Somerset
$333,000 Price
-
Mary Francis
Mary Francis
RE/MAX Elite Lexington
(859) 413-3873
56 Total Sales
1 in Somerset
$140,000 Price
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/23/2026 03/23/26 | Sold | $405,000 | -4.7% | $101 / Sq Ft |
| 02/11/2026 02/11/26 | Pending | -- | -- | -- |
| 01/01/2026 01/01/26 | For Sale | $424,900 | +4.9% | $106 / Sq Ft |
| 12/31/2025 12/31/25 | Off Market | $405,000 | -- | -- |
| 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®)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,989 | $275,000 | $50,000 | $225,000 |
| 2024 | $13 | $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
Agents Affiliated with this Home
-
Michael Hines
Seller's Agent in 2026
Michael Hines
Lake Cumberland Real Estate Professionals
(606) 875-0398
146 Total Sales
Map
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 25004728
APN: 050-5-1-51
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 LBAR Multiple Listing Service. All Rights Reserved.
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