NOT LISTED FOR SALE

311 Simpson Ln Albany, KY 42602

Estimated Value: $529,000 - $571,000

6 Beds
3.5 Baths
-- Sq Ft
0.61 Acres

Last Sold October 18, 2017

Last sale price $438,000

Est. 24% increase in value since last sale

Current estimated payment $3,189/month

274 Days on Market

Highlights

  • Guest House
  • Public Water Access
  • Home Theater
  • Boat Ramp
  • Boat Slip
  • Lake View

About This Home

As of October 2017

Beautiful, luxurious brick home overlooks Lake Cumberland,1 mile from Grider Hill Marina. This 4900 sf residence, offering the finest in craftsmanship and design, has 6 BR, 3 1/2 BA and sits on a .61 acre lot. Enter into an open floor plan with vaulted ceilings. Kitchen boasts of custom hickory cabinets, granite countertops, and tile flooring. KIT, DR, LR have a beautiful view of the lake and have doors exiting onto a large deck. Master bedroom has vaulted ceiling, walk in closet, and large windows for superb view of the lake. MBA has walk in shower, double vanity, tile floor and jetted tub. As you exit kitchen, you'll find utility room/laundry room & 1/2 bath, just before entering garage. Upstairs loft sitting room, overlooks KIT/LR/DR with lake views. Also upstairs, 3 BR 1 BA. Downstairs has family room, wet bar, with lakeview, 2 BR, 1 BA,& media/game room. 2000 sf garage has high ceilings, floor drain, can accomodate up to 8 cars, and has lakeview. Impeccable home!

Last Agent to Sell the Property

Kelly Latham

Re/Max Country Living License #260881 Listed on: 10/05/2017

Re/Max Country Living

Last Buyer's Agent

Kelly Latham

Re/Max Country Living License #260881 Listed on: 10/05/2017

Re/Max Country Living

Home Details

Home Type

  • Single Family

Lot Details

  • 0.61

Parking

  • 4 Car Garage
  • Garage Door Opener

Property Views

  • Lake
  • Mountain

Home Design

  • Brick Veneer
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Home Theater Equipment
  • Ceiling Fan
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Home Theater
  • Washer and Electric Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Soaking Tub

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Public Water Access
  • Property is near a marina
  • Boat Ramp
  • Boat Slip
  • Deck
  • Patio

Utilities

  • Cooling Available
  • Heating unit installed on the ceiling
  • Air Source Heat Pump
  • Electric Water Heater
  • Septic Tank

Additional Features

  • 0.61 Acre Lot
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 033-00-00-013.08

Home Details

Home Type

Single Family

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 7
  • Levels: Three Or More
  • New Construction: No
  • Foundation Details:Concrete Perimeter: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Appliances Refrigerators: Yes
  • Roof:Composition: Yes
  • Roof:Shingle: Yes
  • View:Mountains: Yes
  • Percent Basement Finished: Yes
  • Other Structures:Guest House: Yes
  • Other Equipment:Home Theater: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Finished, Full, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 6
  • Lot Size Area: 0.61
  • Other Equipment: Home Theater
  • Window Features: Insulated Windows, Screens
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Roof: Composition, Shingle
  • Construction Materials: Vinyl Siding, Other, Brick Veneer
  • Foundation Details: Concrete Perimeter
  • Home Warranty: No
  • List Price: 484900.0
  • Other Structures: Guest House
  • Patio And Porch Features: Deck, Patio
  • View: Lake, Mountain(s), Other
  • View YN: Yes
  • Water Body Name: Lake Cumberland
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Screens: Yes
  • Construction Materials:Vinyl Siding: Yes
  • View:Lake: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Garage Door Opener

Utilities

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

Lot Info

  • Lot Size Acres: 0.61
  • Lot Size Sq Ft: 26572.0
  • Parcel Number: 033-00-00-013.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2018
Sold by
Smith Mike and The Mike Smith 2006 Family Tru
Bought by
Smith Family Lakehouse Llc
Current Estimated Value
$545,062
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Purchase History

Date Buyer Sale Price Title Company
Smith Family Lakehouse Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2017 10/18/17 Sold $438,000 -11.5% --
10/07/2017 10/07/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $495,000 -- --
Source: ImagineMLS (Bluegrass REALTORS®)

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 $4,236 $438,000 $0 $0
2024 $3,645 $438,000 $0 $0
2023 $3,676 $438,000 $0 $0
2022 $3,658 $438,000 $0 $0
2021 $3,654 $438,000 $0 $0
2020 $3,661 $438,000 $0 $0
2019 $3,626 $438,000 $0 $0
2018 $3,597 $287,000 $60,000 $227,000
2015 $2,184 $287,000 $60,000 $227,000
2013 -- $287,000 $60,000 $227,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 3025447

ImagineMLS (Bluegrass REALTORS®)

APN: 033-00-00-013.08