340 Somerset St Stanford, KY 40484
Estimated payment $2,918/month
Highlights
- Very Popular Property
- View of Trees or Woods
- Wood Flooring
- In Ground Pool
- 12.64 Acre Lot
- Bonus Room
About This Lot
Second Empire Italianate home near historic downtown Stanford on 12.636 acres, including approx. 5 acres of commercial land with road frontage on US 27 South. Spanning 3,744 sq ft, this two-story residence showcases 19th-century craftsmanship—soaring ceilings, crown molding, tall doors, and timeless details throughout. Features 4 large bedrooms, 2 full baths, a grand foyer with impressive staircase, spacious family room, formal dining room, and a charming front parlor. The backyard is a private retreat with a 10' x 40' heated in-ground pool, tennis court, and screened-in back porch. Mature trees provide shade and seclusion, while the inviting front porch exudes Southern charm. This rare property offers historic elegance with land for expansion, development, or investment. Don't miss the opportunity to own a piece of local history with commercial potential.
Property Details
Property Type
- Land
Est. Annual Taxes
- $516
Year Built
- Built in 1860
Lot Details
- 12.64 Acre Lot
- Level Lot
Property Views
- Woods
- Farm
- Rural
Interior Spaces
- 3,766 Sq Ft Home
- 2-Story Property
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Bonus Room
- Utility Room
- Wood Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Schools
- Stanford Elementary School
- Lincoln Co Middle School
- Not Applicable Middle School
- Lincoln Co High School
Utilities
- Forced Air Heating System
Community Details
Overview
- Downtown Subdivision
Recreation
- In Ground Pool
Map
Home Values in the Area
Average Home Value in this Area
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 | $516 | $100,000 | $10,000 | $90,000 |
2023 | $521 | $100,000 | $10,000 | $90,000 |
2022 | $579 | $100,000 | $10,000 | $90,000 |
2021 | $593 | $100,000 | $0 | $0 |
2020 | $446 | $83,000 | $0 | $0 |
2019 | $451 | $83,000 | $0 | $0 |
2018 | $464 | $83,000 | $0 | $0 |
2017 | -- | $83,000 | $0 | $0 |
2016 | $462 | $83,000 | $0 | $0 |
2015 | $686 | $83,000 | $0 | $0 |
2012 | $686 | $83,000 | $7,000 | $76,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/04/2025 07/04/25 | For Sale | $299,000 | -42.4% | $79 / Sq Ft |
07/04/2025 07/04/25 | For Sale | $519,000 | -- | $138 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | None Listed On Document | |
Deed | $19,333 | None Listed On Document | |
Deed | $210,000 | None Listed On Document |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $61,974 | Unknown |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 25013253

APN: 051-06-07-002.00
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