NOT LISTED FOR SALE

316 Summit Pointe Dr Somerset, KY 42503

Estimated Value: $259,000 - $298,000

3 Beds
2 Baths
-- Sq Ft
0.49 Acres

Last Sold August 10, 2015

Last sale price $135,000

Est. 106% increase in value since last sale

Current estimated payment $1,640/month

67 Days on Market

Highlights

  • Property is near a marina
  • No HOA
  • Eat-In Kitchen
  • Attic
  • 2 Car Attached Garage
  • Brick Veneer

About This Home

As of August 2015

Contemporary brick ranch located in great neighborhood that is approx 2 miles from Lee's Ford Marina on beautiful Lake Cumberland. This well cared for home barely appears to be lived in! Close to schools, churches, hospital & shopping. Perfect for proffessional or retirees looking for a nice home priced below market value! Won't last long!!

Last Agent to Sell the Property

Vicki Hines

Key AssociatesWaterfront Rlty Listed on: 04/03/2015

Last Buyer's Agent

Beverly Withers

Key AssociatesWaterfront Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,480

Year Built

  • Built in 2004

Lot Details

  • 0.49

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Veneer
  • Block Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Insulated Doors
  • Storage In Attic
  • Washer and Electric Dryer Hookup
  • Property Views

Kitchen

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

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Property is near a marina
  • Patio
  • Shed
  • Storage Shed

Utilities

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

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,480

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 2004
  • Levels: One
  • New Construction: No
  • ResoPropertyType: Residential
  • General Property Description:Waterfront: No
  • Basement: No
  • Flooring:Carpet: 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
  • Other Structures:Storage Shed: Yes
  • View:Suburban: Yes
  • Roof:Shingle: Yes
  • Attic:Storage Only: Yes
  • Water Access:RampMarina Nearby: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, Ceiling Fan(s)
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: Storage Shed, Other
  • Window Features: Insulated Windows, Blinds
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Eat-in Kitchen2: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Community Features:Park: Yes

Exterior Features

  • Construction Materials: Brick Veneer
  • List Price: 138300.0
  • View: Suburban
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Patio3: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Garage Features:Garage Spaces: 2.0
  • Garage Features:Attached: Yes
  • Garage Features:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2015
Closed on
Aug 10, 2015
Bought by
Anderson Russell C
Seller's Agent
Vicki Hines
Key AssociatesWaterfront Rlty
Buyer's Agent
Beverly Withers
Key AssociatesWaterfront Rlty
List Price
$138,300
Sold Price
$135,000
Premium/Discount to List
-$3,300
-2.39%
Current Estimated Value
$278,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,530
Avg. Annual Appreciation
7.45%
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
Anderson Russell C $135,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2015 08/10/15 Sold $135,000 -2.4% --
06/10/2015 06/10/15 Pending -- -- --
04/03/2015 04/03/15 For Sale $138,300 -- --
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 $1,480 $200,000 $10,000 $190,000
2023 $1,556 $200,000 $10,000 $190,000
2022 $1,578 $200,000 $10,000 $190,000
2021 $1,644 $200,000 $10,000 $190,000
2020 $1,117 $135,000 $135,000 $0
2019 $1,154 $135,000 $135,000 $0
2018 $1,136 $135,000 $135,000 $0
2017 $1,114 $135,000 $135,000 $0
2016 $1,114 $135,000 $135,000 $0
2015 $626 $135,000 $135,000 $0
2014 $616 $114,500 $114,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 3020952

ImagineMLS (Bluegrass REALTORS®)

APN: 050-1-2-53