NOT LISTED FOR SALE

405 Old Ping Rd Somerset, KY 42503

Somerset Area

Estimated Value: $278,000 - $398,000

3 Beds
2 Baths
-- Sq Ft
16 Acre Lot

Sale Details

Date Sold: October 17, 2014

Last sale price $185,000

Est. 80% increase in value since last sale

Current estimated payment $1,924 / mo

54 Days on Market

Highlights

  • Barn
  • Views of a Farm
  • Wood Flooring
  • Stables
  • Deck
  • Detached Garage

About This Home

As of October 2014

Nice 16 acre horse farm only 1 hour from Lexington and only a few miles from the Hwy 461 industrial park. Home was custom built in 2004 & features beautiful hardwood floors. Original owners since built, 2 stocked ponds loaded with catfish. Detached garage or workshop built onto the barn. Watch the sunset from the wrap around covered deck.

Last Agent to Sell the Property

Joe Holcombe

Key AssociatesWaterfront Rlty Listed on: 07/22/2014

Last Buyer's Agent

Barry Turner

RE/MAX LakeTime Realty License #212849

RE/MAX LakeTime Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 16

Parking

  • Detached Garage

Home Design

  • Block Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Ventless Fireplace
  • Gas Log Fireplace
  • Blinds
  • Views of a Farm

Kitchen

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

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Attic

  • Attic Fan
  • Attic Access Panel

Outdoor Features

  • Deck
  • Shed

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Cooling Available
  • Heating unit installed on the ceiling
  • Air Source Heat Pump
  • Heating System Powered By Leased Propane
  • Electric Water Heater
  • Septic Tank

Additional Features

  • 16 Acre Lot
  • Barn

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

16 Acres

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 2005
  • Levels: One
  • New Construction: No
  • Flooring:Hardwood: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • Other Structures:Barn(s): Yes
  • Cooling:Attic Fan: Yes
  • Lot: Lot Size Acres: 16.0
  • Lot: Lot Size Square Feet: 696960.0
  • Other Structures: Shed(s): Yes
  • Other Sold Info: New Construction YN: No
  • Cooling: Heat Pump: Yes
  • Levels: One: Yes
  • Patio And Porch Features: Deck: Yes
  • Water Heater: Electric: Yes
  • Lot: View YN: Yes
  • View: Farm: Yes
  • Lot: Horse YN: Yes
  • Other Structures: Stable(s): Yes
  • Fireplace Features: Ventless: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Flooring: Hardwood, Vinyl
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: No
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Ventless
  • Fireplace: Yes
  • Lot Size Area: 16.0
  • Window Features: Blinds
  • Fireplace Features:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior: Basement YN: No
  • Interior: Fireplace YN: Yes
  • Interior Features: Ceiling Fan(s): Yes
  • Attic Features: Access Only: Yes
  • Flooring: Vinyl: Yes
  • Interior Features: Eat-in Kitchen: Yes

Exterior Features

  • Roof: Metal
  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • Horse: Yes
  • List Price: 199900.0
  • Other Structures: Barn(s), Shed(s), Stable(s)
  • Patio And Porch Features: Deck
  • View: Farm
  • View YN: Yes
  • Waterfront: No
  • Window Features:Blinds: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot: Waterfront YN: No
  • Roof: Metal: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached Garage
  • Parking Features: Detached Garage: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Ceiling, Electric, Heat Pump, Propane Tank Leased
  • Cooling: Attic Fan, Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane Tank Leased: Yes
  • Heating:Ceiling: Yes
  • Utilities: Cooling YN: Yes
  • Utilities: Heating YN: Yes
  • Heating: Electric: Yes

Lot Info

  • Lot Size Acres: 16.0
  • Lot Size Sq Ft: 696960.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2021
Sold by
Bought by
Current Estimated Value
$332,094

Purchase Details

Listed on
Jul 22, 2014
Closed on
Oct 17, 2014
Bought by
Seller's Agent
Joe Holcombe
Key AssociatesWaterfront Rlty
Buyer's Agent
Barry Turner
RE/MAX LakeTime Realty
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$190,000 --
$185,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/17/2014 10/17/14 Sold $185,000 -7.5% --
09/15/2014 09/15/14 Pending -- -- --
07/22/2014 07/22/14 For Sale $199,900 -- --
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,193 $165,000 $10,000 $155,000
2024 $1,246 $210,000 $55,000 $155,000
2023 $1,284 $210,000 $55,000 $155,000
2022 $1,302 $210,000 $55,000 $155,000
2021 $1,726 $210,000 $55,000 $155,000
2020 $1,531 $185,000 $55,000 $130,000
2019 $1,582 $185,000 $55,000 $130,000
2018 $1,161 $185,000 $55,000 $130,000
2017 $1,139 $185,000 $55,000 $130,000
2016 $1,139 $138,000 $8,000 $130,000
2015 $1,113 $138,000 $8,000 $130,000
2014 $1,138 $200,000 $70,000 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 3019472

ImagineMLS (Bluegrass REALTORS®)

APN: 112-0-0-28

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