Seller's Agent in 2023
Verlan Owens
RE/MAX
(606) 305-8411
24 in this area
47 Total Sales
418 Summit Pointe Dr Somerset, KY 42503
Estimated Value: $339,166 - $412,000
7
Beds
3
Baths
3,016
Sq Ft
$120/Sq Ft
Est. Value
Highlights
- Boat Ramp
- Deck
- Neighborhood Views
- Property is near a marina
- Ranch Style House
- Eat-In Kitchen
About This Home
As of May 20237 Bedroom BRICK RANCH with Walkout Basement in Summit Pointe Subd. This home has had a complete Makeover, New Shingles, New flooring, New Kitchen, updated bathrooms, NO AREA HAS BEEN UNTOUCHED!
Owner/Agent
Last Agent to Sell the Property
Cumberland Realty Group & Auctions LLC License #212962 Listed on: 11/14/2022
Home Details
Home Type
- Single Family
Year Built
- Built in 2000
Lot Details
- 0.45 Acre Lot
Parking
- Driveway
Home Design
- Ranch Style House
- Brick Veneer
- Dimensional Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Great Room with Fireplace
- Neighborhood Views
- Washer and Electric Dryer Hookup
Kitchen
- Eat-In Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
Outdoor Features
- Property is near a marina
- Boat Ramp
- Deck
Schools
- Oakhill Elementary School
- Southern Middle School
- Southwestern High School
Utilities
- Cooling Available
- Air Source Heat Pump
- Septic Tank
Community Details
- Summitt Pointe Subdivision
Listing and Financial Details
- Assessor Parcel Number 050-1-2-58
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 14, 2022
Closed on
May 19, 2023
Sold by
Voo Build Llc
Bought by
Shaver Bryan and Shaver Shanan
Seller's Agent
Verlan Owens
Cumberland Realty Group & Auctions LLC
Buyer's Agent
Miranda Lyons
Prosperity Real Estate
List Price
$379,000
Sold Price
$317,500
Premium/Discount to List
-$61,500
-16.23%
Views
488
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,042
Avg. Annual Appreciation
5.06%
Original Mortgage
$292,500
Outstanding Balance
$284,426
Interest Rate
6.43%
Mortgage Type
Construction
Estimated Equity
$77,116
Purchase Details
Closed on
Nov 3, 2011
Sold by
Weddle Lisa C
Bought by
Chabak John J and Chabak Amy M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shaver Bryan | $317,500 | Five Star Title | |
| Chabak John J | $159,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shaver Bryan | $292,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/19/2023 05/19/23 | Sold | $317,500 | -2.3% | $105 / Sq Ft | |
| 04/10/2023 04/10/23 | Pending | -- | -- | -- | |
| 03/21/2023 03/21/23 | Price Changed | $325,000 | -1.2% | $108 / Sq Ft | |
| 02/03/2023 02/03/23 | Price Changed | $329,000 | -5.7% | $109 / Sq Ft | |
| 01/03/2023 01/03/23 | Price Changed | $349,000 | -5.4% | $116 / Sq Ft | |
| 12/11/2022 12/11/22 | Price Changed | $369,000 | -2.6% | $122 / Sq Ft | |
| 11/14/2022 11/14/22 | For Sale | $379,000 | +144.5% | $126 / Sq Ft | |
| 05/10/2022 05/10/22 | Sold | $155,000 | -16.2% | -- | View Prior Sale |
| 02/25/2022 02/25/22 | Pending | -- | -- | -- | |
| 02/25/2022 02/25/22 | For Sale | $185,000 | -- | -- |
Source: ImagineMLS (Bluegrass REALTORS®)
Tax History Compared to Growth
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 | $2,401 | $318,000 | $15,000 | $303,000 |
| 2024 | $2,401 | $318,000 | $15,000 | $303,000 |
| 2023 | $1,362 | $175,000 | $10,000 | $165,000 |
| 2022 | $1,258 | $200,000 | $10,000 | $190,000 |
| 2021 | $1,311 | $200,000 | $10,000 | $190,000 |
| 2020 | $991 | $159,000 | $159,000 | $0 |
| 2019 | $1,023 | $159,000 | $159,000 | $0 |
| 2018 | $1,022 | $159,000 | $159,000 | $0 |
| 2017 | $1,312 | $159,000 | $159,000 | $0 |
| 2016 | $1,312 | $159,000 | $159,000 | $0 |
| 2015 | $1,282 | $159,000 | $159,000 | $0 |
| 2014 | $1,248 | $159,000 | $159,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Verlan Owens
-
Miranda Lyons
Buyer's Agent in 2023
Miranda Lyons
Prosperity Real Estate
(859) 619-9908
17 in this area
24 Total Sales
-
Chester Copeland
Seller's Agent in 2022
Chester Copeland
RE/MAX
(606) 875-4451
10 in this area
27 Total Sales
Map
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 22024895
APN: 050-1-2-58
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