NOT LISTED FOR SALE

463 & 467 E Racetrack Rd Somerset, KY 42501

Estimated Value: $183,000 - $352,000

2 Beds
1 Bath
1,092 Sq Ft
$238/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $225,000 $206 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,483/month

3 Days on Market

Highlights

  • 2.81 Acre Lot
  • Ranch Style House
  • Eat-In Kitchen
  • Wooded Lot
  • Porch
  • Cooling Available

About This Home

As of August 2023

Amazing opportunity! Completely renovated 2BR cabin, new 30x50 detached metal garage w/5 spaces all including 9x9 doors, & fixer-upper home on gorgeous, flat unrestricted 2.81 acres close to town! This property would be perfect for a small resort of tiny homes and/or short-term rentals or maybe to build a barndominium & use the cabin as guest quarters. Per previous owner, manufactured homes should be permitted as septic still remains from one that was moved years ago. (Buyer to verify) So many possibilities! Adorable cabin w/farmhouse look has new: HVAC, flooring, bath, siding, & appliances. Updated: plumbing, electric, water. Huge metal garage has tons of space that could be used as mechanic workshop or to store boat/toys/equipment. (Currently gravel floor & no electric however seller states concrete & electric line can be added for additional fee) 1.5 story 1386 sqft older home on main tract is currently unlivable but could be repaired as had water, electric, & septic in past. (Buyer to verify) Also see MLS# 23013667, MLS# 23013668, MLS# 23013660 for separate listings.

Last Agent to Sell the Property

Misty Tingle

Weichert Realtors Ford Brothers, Inc. License #246683 Listed on: 07/21/2023

Weichert Realtors Ford Brothers, Inc.

Last Buyer's Agent

Misty Tingle

Weichert Realtors Ford Brothers, Inc. License #246683 Listed on: 07/21/2023

Weichert Realtors Ford Brothers, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $925

Year Built

  • Built in 1970

Lot Details

  • 2.81 Acre Lot
  • Partially Fenced Property
  • Wooded Lot

Parking

  • 5 Car Garage
  • Driveway

Home Design

  • Ranch Style House
  • Cabin
  • Block Foundation
  • Metal Roof
  • Aluminum Siding
  • Log Siding

Interior Spaces

  • 1,092 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Utility Room
  • Vinyl Flooring
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Porch

Schools

  • Pulaski Co Elementary School
  • Northern Pulaski Middle School
  • Pulaski Co High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060-1-1-20 & 060-1-1-21

Home Details

Home Type

Single Family

Est. Annual Taxes

$925

Year Built

Built in 1970

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Structure Type: Cabin
  • Year Built: 1970
  • Above Grade Finished Sq Ft: 1092.0
  • Levels: One
  • New Construction: No
  • Water Source:Public: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • Architectural Style:Ranch: Yes
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • Fencing:Partial2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Primary Downstairs
  • Flooring: Vinyl
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: No
  • Total Bedrooms: 2
  • LivingArea: 1092.0
  • Lot Size Area: 2.81
  • Window Features: Insulated Windows
  • Appliances Range: Yes

Exterior Features

  • Roof: Metal
  • Construction Materials: Aluminum Siding, Log
  • Fencing: Partial
  • Foundation Details: Block
  • Horse: Yes
  • List Price: 249000.0
  • Lot Features: Wooded
  • Patio And Porch Features: Deck, Porch
  • View: Farm, Suburban, Trees/Woods
  • View YN: Yes
  • Waterfront: No
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 5.0
  • Garage: Yes
  • Parking Features: Detached Garage, Driveway
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Electric, Heat Pump, Other
  • Cooling: Heat Pump, Other
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Pulaski Co
  • High School: Pulaski Co
  • Middle or Junior School: Northern Pulaski

Lot Info

  • Lot Size Acres: 2.81
  • Lot Size Sq Ft: 122404.0
  • Parcel Number: 060-1-1-20 & 060-1-1-21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2003
Sold by
Millard Hatfield and Millard Lucille
Bought by
Smith Marie
Current Estimated Value
$260,013
Source: Public Records

Range of Values:

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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
Smith Marie $65,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2023 08/02/23 Sold $225,000 -9.6% $206 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $249,000 -- $228 / 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 $925 $125,000 $25,000 $100,000
2023 $389 $50,000 $15,000 $35,000
2022 $0 $25,000 $20,000 $5,000
2021 $119 $55,000 $5,000 $50,000
2020 $130 $55,000 $5,000 $50,000
2019 $134 $55,000 $5,000 $50,000
2018 $146 $55,000 $5,000 $50,000
2017 $144 $55,000 $5,000 $50,000
2016 $149 $55,000 $5,000 $50,000
2015 $146 $55,000 $5,000 $50,000
2014 $149 $55,000 $5,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23013655

ImagineMLS (Bluegrass REALTORS®)

APN: 060-1-1-21