NOT LISTED FOR SALE

403 Waverly Ln Somerset, KY 42501

Estimated Value: $266,335 - $310,000

3 Beds
2 Baths
2,979 Sq Ft
$97/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $194,000 $65 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,709/month

4 Days on Market

Highlights

  • Property is near a marina
  • Deck
  • Attic
  • View of Trees or Woods
  • Ranch Style House
  • No HOA

About This Home

As of November 2022

Awesome 1 owner Custom Built Home ! It Sits on 2 Corner Lots totaling over a half an acre! Private Backyard!
As you enter this Ready to Move in 3 Bedroom, 2 bath Home, you will b amazed at the spacious feel of the home! The basement is finished and could be a separate living area with a bedroom if needed.
There is storage inside and outside!
Lots of storage! A MUST SEE HOME!
Priced to Sell!
Motivated Sellers!

Last Agent to Sell the Property

Lula Jean Burton

RE/MAX LakeTime Realty License #245029 Listed on: 10/29/2022

RE/MAX LakeTime Realty

Last Buyer's Agent

Melissa Jones

RE/MAX LakeTime Realty License #280456

RE/MAX LakeTime Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,443

Year Built

  • Built in 1977

Lot Details

  • 0.59 Acre Lot

Parking

  • 2 Car Attached Garage
  • Detached Carport Space
  • Basement Garage
  • Side Facing Garage
  • Driveway

Property Views

  • Woods
  • Neighborhood

Home Design

  • Ranch Style House
  • Brick Veneer
  • Block Foundation
  • Metal Roof

Interior Spaces

  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Attic

Kitchen

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

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Walk-Up Access
  • Fireplace in Basement

Outdoor Features

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

Schools

  • Southern Elementary And Middle School
  • Not Applicable Middle School
  • Southwestern High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Southern Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 062-5-1-08

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,443

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Structure Type: House
  • Year Built: 1977
  • Levels: One
  • New Construction: No
  • ResoPropertyType: Residential
  • Location Tax Legal Info:Elementary School: Southern
  • Location Tax Legal Info:Middle or Junior School: Southern
  • Location Tax Legal Info:High School: Southwestern
  • Location Tax Legal Info:Intermediate School: Not Applicable
  • Contract Info:On Market Date: 2022-10-28
  • General Property Description:Lot Size Acres: 0.59
  • General Property Description:Above Grade Finished Area: 1993.0
  • General Property Description:Waterfront: No
  • Utilities:Electricity2: Electricity Connected
  • Water: Water Connected
  • Structure Type:House: Yes
  • View:Neighborhood: Yes
  • Basement: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile2: Yes
  • Attic:Attic YN: Yes
  • Water Source:Public: Yes
  • Laundry Features:Washer Hookup: Yes
  • Architectural Style:Ranch: Yes
  • Stories:One: Yes
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • Pool Features:Pool YN: No
  • Flooring:Vinyl: Yes
  • Cooling:Heat Pump3: Yes
  • View:Trees: Yes
  • Roof:Metal3: Yes
  • Other Structures:Storage Shed: Yes
  • General Property Description:Below Grade Finished Area: 986.0
  • Appliances Dryer: Yes
  • Washers: Yes
  • Water Access:RampMarina Nearby (less than three miles): Yes
  • Percent Basement Finished: Yes
  • General Property Description:Finished Area Total: 2979.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Primary First Floor, Eat-in Kitchen, Other, Breakfast Bar, Bedroom First Floor, Entrance Foyer, Window Treatments
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Finished, Partial, Walk-Up Access, Concrete, Walk-Out Access
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 986.0
  • Lot Size Area: 0.59
  • Other Equipment: Storage Shed
  • Window Features: Blinds
  • Basement:Concrete: Yes
  • Fireplace Features:Fireplace YN: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Primary First Floor: Yes
  • Interior Features:Eat-in Kitchen2: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Bedroom First Floor: Yes
  • Basement:Partial: Yes
  • Basement:Walk-Up Access: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Basement6: Yes

Exterior Features

  • Construction Materials: Brick Veneer
  • Fencing: None
  • List Price: 205000.0
  • Patio And Porch Features: Porch
  • Pool Private: No
  • View: Neighborhood, Trees
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Exterior Features:Patio3: Yes
  • Window Features:Window Treatments: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Driveway, Detached Carport, Basement, Garage Faces Side
  • Garage Features:Garage YN: Yes
  • Garage Features:Garage Spaces: 2.0
  • Garage Features:Attached: Yes
  • Carport Features:Carport YN: Yes
  • Parking Features:Driveway: Yes
  • Garage Features:Basement7: Yes
  • Garage Features:Garage Faces Side: Yes
  • Carport Features:Detached Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Southern
  • High School: Southwestern
  • Middle or Junior School: Southern

Lot Info

  • Lot Size Acres: 0.59
  • Lot Size Sq Ft: 25700.0
  • Parcel Number: 062-5-1-08
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2022
Closed on
Nov 21, 2022
Sold by
Williams Becky J and Williams Lonnie D
Bought by
Whicker Falon
Seller's Agent
Lula Jean Burton
RE/MAX LakeTime Realty
Buyer's Agent
Melissa Jones
RE/MAX LakeTime Realty
List Price
$205,000
Sold Price
$194,000
Premium/Discount to List
-$11,000
-5.37%
Views
38
Current Estimated Value
$287,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,584
Avg. Annual Appreciation
18.17%
Original Mortgage
$184,300
Outstanding Balance
$179,555
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$125,421
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
Whicker Falon $194,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whicker Falon $184,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $194,000 -5.4% $65 / Sq Ft
11/03/2022 11/03/22 Pending -- -- --
10/29/2022 10/29/22 For Sale $205,000 -- $69 / 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
2024 $1,443 $195,000 $10,000 $185,000
2023 $1,517 $195,000 $10,000 $185,000
2022 $548 $110,000 $10,000 $100,000
2021 $571 $110,000 $10,000 $100,000
2020 $585 $110,000 $10,000 $100,000
2019 $548 $103,400 $103,400 $0
2018 $554 $103,400 $103,400 $0
2017 $543 $103,400 $103,400 $0
2016 $549 $103,400 $103,400 $0
2015 $536 $103,400 $103,400 $0
2014 $529 $103,400 $103,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22023818

ImagineMLS (Bluegrass REALTORS®)

APN: 062-5-1-08