NOT LISTED FOR SALE

3325 Kentucky 1247 Somerset, KY 42503

Estimated Value: $128,368 - $146,000

2 Beds
1.5 Baths
938 Sq Ft
$145/Sq Ft Est. Value

Last Sold July 06, 2020

Last sale price $60,000 $64 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $751/month

2 Days on Market

About This Home

As of July 2020

Great investment opportunity. Own your own BARN HOUSE right here in the Lake Cumberland area, Somerset KY. This property sits directly off the main parkway and downtown hwy 27 in Somerset KY. Parking in back with bountiful yard space in the front that is completely private. Home has been consistently rented and offers two stories, almost 1000 sq. ft. 2 bedroom and 2 bathrooms, central HVAC. Also home has a laundry room for hookup ready. Approximate Rent for this area and estimated for this property is $900 +. Property has been improved with NEW PAINT, some NEW FLOORING, BEING SOLD AS-IS. 5 minutes from town, Near boat ramp and marina, in a great location near shopping, restaurants, entertainment and more! Do not miss out on this investment opportunity. Call to make an appointment.

Last Agent to Sell the Property

Amy Brown

Realty World Dowell & Associates License #216959 Listed on: 06/14/2020

Last Buyer's Agent

Unknown Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $453

Year Built

  • Built in 1970

Lot Details

  • 0.41 Acre Lot

Parking

  • 5 Parking Spaces

Home Design

  • Metal Roof

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 059-3-1-75.1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$453

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1970
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Lot Size Area: 0.41

Exterior Features

  • Roof: Metal
  • List Price: 55000.0

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Heating: Electric
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.41
  • Lot Size Sq Ft: 17860.0
  • Parcel Number: 059-3-1-75.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2020
Closed on
Jul 6, 2020
Sold by
Den Be Ka Realty Llc
Bought by
Frantz Rebecca R and Frantz Chris J
Seller's Agent
Amy Brown
Realty World Dowell & Associates
Buyer's Agent
Unknown Member
Non-Member Office
List Price
$130,000
Sold Price
$60,000
Premium/Discount to List
-$70,000
-53.85%
Current Estimated Value
$136,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,092
Avg. Annual Appreciation
16.64%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Frantz Rebecca R $60,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2020 07/06/20 Sold $60,000 -53.8% $64 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/14/2020 06/14/20 For Sale $130,000 -- $139 / 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
2025 $453 $60,000 $60,000 $0
2024 $444 $60,000 $60,000 $0
2023 $467 $60,000 $60,000 $0
2022 $473 $60,000 $60,000 $0
2021 $493 $60,000 $60,000 $0
2020 $497 $60,000 $60,000 $0
2019 $236 $27,660 $27,660 $0
2018 $233 $27,660 $27,660 $0
2017 $228 $27,660 $27,660 $0
2016 $228 $27,660 $27,660 $0
2015 $223 $27,660 $27,660 $0
2014 $217 $27,660 $27,660 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Amy Brown

    Realty World Dowell & Associates

  • U

    Buyer's Agent in 2020

    Unknown Member

    Non-Member Office

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 3037395

ImagineMLS (Bluegrass REALTORS®)

APN: 059-3-1-75.1

Kentucky Pulaski County Somerset 42503

3325 Kentucky 1247, Somerset, KY

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