NOT LISTED FOR SALE

462 Water Cliff Dr Somerset, KY 42503

Estimated Value: $737,000 - $805,000

6 Beds
4.5 Baths
5,717 Sq Ft
$137/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $715,000 $125 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,520/month

187 Days on Market

Highlights

  • Public Water Access
  • Waterfront
  • Cape Cod Architecture
  • Lake View
  • 1 Acre Lot
  • Deck

About This Home

As of May 2024

If you're looking for the perfect lakefront getaway or a full-time home, you won't want to miss the opportunity to view this beautiful lakefront property. This story and a half home on a finished basement features six bedrooms, four and a half baths, sunroom facing the lake, primary bedroom suite and junior suite on the first floor, two kitchens, two large family gathering areas complete with fireplaces, rec room complete with games and workout equipment, office and a large 3-car garage. Also includes a larger rear deck overlooking the lake and a fire pit area for those cool spring and fall nights. New roof and new painted areas. Redone landscaping.

Sellers have decided to go in a different direction with their vacation needs.

Last Agent to Sell the Property

Richard Flora

Christies International Real Estate Bluegrass License #191120 Listed on: 03/01/2024

Christies International Real Estate Bluegrass

Last Buyer's Agent

Richard Flora

Christies International Real Estate Bluegrass License #191120 Listed on: 03/01/2024

Christies International Real Estate Bluegrass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,983

Year Built

  • Built in 2009

Lot Details

  • 1 Acre Lot
  • Waterfront
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Woods
  • Neighborhood

Home Design

  • Cape Cod Architecture
  • Brick Veneer
  • Dimensional Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Window Screens
  • Insulated Doors
  • Entrance Foyer
  • Great Room with Fireplace
  • Dining Room
  • Home Office
  • Recreation Room
  • Utility Room
  • Laundry on main level
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite

Basement

  • Partial Basement
  • Fireplace in Basement
  • Stubbed For A Bathroom

Outdoor Features

  • Public Water Access
  • Deck
  • Patio
  • Porch

Schools

  • Oakhill Elementary School
  • Southern Middle School
  • Southwestern High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Air Source Heat Pump
  • Septic Tank

Community Details

  • Lake Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041-0-0-14

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,983

Year Built

Built in 2009

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Cape Cod
  • Structure Type: House
  • Year Built: 2009
  • Above Grade Finished Sq Ft: 3365.0
  • Levels: One and One Half
  • New Construction: No
  • Structure Type:House: Yes
  • View:Neighborhood: Yes
  • Roof:Dimensional Style: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Main Level: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style:Cape Cod: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Double Oven, Microwave, Range, Refrigerator
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Entrance Foyer, In-Law Floorplan, Primary Downstairs, Walk-In Closet(s)
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Basement: Bath/Stubbed, Partial
  • Basement: Yes
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 2352.0
  • Fireplace Features: Basement, Great Room
  • Fireplace: Yes
  • LivingArea: 5717.0
  • Lot Size Area: 1.0
  • Window Features: Blinds, Insulated Windows, Screens, Window Treatments
  • Basement:BathStubbed: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Double Oven: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes
  • Basement:Partial: Yes
  • Interior Features:In-Law Floorplan: Yes

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Stone, Vinyl Siding, Brick Veneer
  • Foundation Details: Concrete Perimeter
  • Home Warranty: No
  • List Price: 724900.0
  • Lot Features: Wooded
  • Patio And Porch Features: Deck, Patio, Porch
  • Pool Private: No
  • View: Lake, Neighborhood, Trees/Woods, Water
  • View YN: Yes
  • Water Body Name: Lake Cumberland
  • Waterfront: Yes
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Screens: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Wooded: Yes
  • View:Lake: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Attached Garage, Driveway, Garage Door Opener, Garage Faces Side
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Forced Air, Heat Pump
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Main Level
  • Security Features: Security System Owned
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

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

Lot Info

  • Lot Size Acres: 1.0
  • Lot Size Sq Ft: 43560.0
  • Parcel Number: 041-0-0-14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
May 30, 2024
Sold by
Bird Nest Properties Llc
Bought by
Burnside Denise M
Seller's Agent
Richard Flora
Christies International Real Estate Bluegrass
Buyer's Agent
Richard Flora
Christies International Real Estate Bluegrass
List Price
$724,900
Sold Price
$715,000
Premium/Discount to List
-$9,900
-1.37%
Views
50
Current Estimated Value
$780,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,470
Avg. Annual Appreciation
6.23%
Original Mortgage
$593,450
Outstanding Balance
$569,635
Interest Rate
0.7%
Mortgage Type
Construction
Estimated Equity
$210,835

Purchase Details

Listed on
Aug 30, 2022
Closed on
Nov 1, 2022
Sold by
Donahue Anthony
Bought by
Bird Nest Properties Llc
Seller's Agent
Millie King Weaver
Keller Williams Bluegrass Realty - Lake Cumberland
Buyer's Agent
Richard Flora
Milestone Realty Consultants
List Price
$689,900
Sold Price
$660,000
Premium/Discount to List
-$29,900
-4.33%
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$495,000
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2008
Sold by
Adams Robert D and Adams Jennifer M
Bought by
Donahue Anthony and Donahue Garna
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
Burnside Denise M $715,000 Attorney Only
Bird Nest Properties Llc $660,000 Attorney Only
Donahue Anthony $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burnside Denise M $593,450
Previous Owner Bird Nest Properties Llc $495,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2024 05/30/24 Sold $715,000 -1.4% $125 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $724,900 0.0% $127 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
12/15/2023 12/15/23 Price Changed $724,900 -3.2% $127 / Sq Ft
10/29/2023 10/29/23 Price Changed $749,000 -6.3% $131 / Sq Ft
10/06/2023 10/06/23 For Sale $799,000 +21.1% $140 / Sq Ft
11/07/2022 11/07/22 Sold $660,000 -4.3% $105 / Sq Ft View Prior Sale
09/28/2022 09/28/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $689,900 +61.4% $110 / Sq Ft
05/01/2015 05/01/15 Sold $427,500 -17.6% -- View Prior Sale
03/23/2015 03/23/15 Pending -- -- --
11/12/2014 11/12/14 For Sale $519,000 -- --
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 $4,983 $715,000 $50,000 $665,000
2024 $4,883 $660,000 $50,000 $610,000
2023 $5,136 $660,000 $50,000 $610,000
2022 $3,787 $480,000 $50,000 $430,000
2021 $3,514 $427,500 $427,500 $0
2020 $3,538 $427,500 $427,500 $0
2019 $3,655 $427,500 $427,500 $0
2018 $3,597 $427,500 $427,500 $0
2017 $3,527 $427,500 $427,500 $0
2016 $3,527 $427,500 $427,500 $0
2015 $3,371 $512,500 $512,500 $0
2014 $3,281 $418,000 $418,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23019422

ImagineMLS (Bluegrass REALTORS®)

APN: 041-0-0-14