NOT LISTED FOR SALE

47 Wallace Ln Somerset, KY 42503

Estimated Value: $262,000 - $312,241

3 Beds
2 Baths
1,600 Sq Ft
$178/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $279,900 $175 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,746/month

25 Days on Market

Highlights

  • New Construction
  • No HOA
  • Eat-In Kitchen
  • Attic
  • Attached Garage
  • Walk-In Closet

About This Home

As of May 2021

Perfect retirement home or newly weds, great location just off 27. 3 BR, 2 BA brick with unfinished basement in a new small development. Ready by April 30, 2021.

Last Agent to Sell the Property

Kathy Sears

CENTURY 21 Advantage Realty License #192818 Listed on: 03/25/2021

CENTURY 21 Advantage Realty

Last Buyer's Agent

Unknown Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,109

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.5 Acre Lot

Parking

  • Attached Garage

Home Design

  • Dimensional Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Great Room with Fireplace
  • Attic Floors
  • Property Views
  • Unfinished Basement

Kitchen

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

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Utilities

  • Cooling Available
  • Heating unit installed on the ceiling
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Built by Rollin Wigginton

Listing and Financial Details

  • Assessor Parcel Number 062-2-1-25

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,109

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 2021
  • Above Grade Finished Sq Ft: 400
  • Levels: One
  • New Construction: Yes
  • ResoPropertyType: Residential
  • General Property Description:Lot Size Acres: 0.5
  • General Property Description:Above Grade Finished Area: 1600.0
  • General Property Description:Below Grade Unfinished Area: 1600.0
  • General Property Description:Waterfront: No
  • Roof:Dimensional Style: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Basement: Yes
  • Flooring:Tile2: Yes
  • Attic:Attic YN: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • Stories:One: Yes
  • Flooring:Laminate: Yes
  • Cooling:Heat Pump3: Yes
  • View:Suburban: Yes
  • General Property Description:Above Grade Unfinished Area: 400.0
  • New Construction:Builder Name3: Rollin Wigginton
  • Attic:Partially Floored: Yes
  • General Property Description:Finished Area Total: 1600.0
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Ceiling Fan(s)
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Unfinished
  • Total Bedrooms: 3
  • Lot Size Area: 0.5
  • Other Equipment: Other
  • Basement:Unfinished2: Yes
  • Fireplace Features:Fireplace YN: Yes
  • Fireplace Features:Great Room3: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Eat-in Kitchen2: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Builder Name: Rollin Wigginton
  • Construction Materials: Other
  • List Price: 279900.0
  • View: Suburban
  • Construction Materials:Other4: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Features:Attached: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21780.0
  • Parcel Number: 062-2-1-25
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
May 21, 2021
Sold by
Hoss Holdings Llc
Bought by
Whitworth Tyler Mark and Whitworth Rbecca
Seller's Agent
Kathy Sears
CENTURY 21 Advantage Realty
Buyer's Agent
Unknown Member
Non-Member Office
List Price
$279,900
Sold Price
$279,900
Current Estimated Value
$286,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,879
Avg. Annual Appreciation
0.77%
Original Mortgage
$192,500
Outstanding Balance
$176,319
Interest Rate
2.96%
Mortgage Type
Construction
Estimated Equity
$112,801

Purchase Details

Closed on
Jun 29, 2018
Sold by
Wallace Mack L
Bought by
Hoss Holdings Llc
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
Whitworth Tyler Mark $279,900 Attorney Only
Hoss Holdings Llc $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitworth Tyler Mark $192,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $279,900 0.0% $175 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $279,900 -- $175 / 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 $2,109 $285,000 $15,000 $270,000
2023 $2,218 $285,000 $15,000 $270,000
2022 $2,248 $285,000 $15,000 $270,000
2021 $127 $15,500 $15,500 $0
2020 $128 $15,500 $15,500 $0
2019 $86 $10,000 $10,000 $0
2018 $84 $10,000 $10,000 $0
2017 $83 $10,000 $10,000 $0
2016 $83 $10,000 $10,000 $0
2015 $81 $10,000 $10,000 $0
2014 $79 $10,000 $10,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 3039622

ImagineMLS (Bluegrass REALTORS®)

APN: 062-2-1-25