NOT LISTED FOR SALE

481 Horizon Hill Dr Somerset, KY 42503

Estimated Value: $417,000 - $470,000

4 Beds
3.5 Baths
3,420 Sq Ft
$127/Sq Ft Est. Value

Last Sold May 18, 2020

Last sale price $265,500 $78 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,478/month

373 Days on Market

Highlights

  • Wood Flooring
  • Brick Veneer
  • Cooling Available
  • 3 Car Attached Garage
  • Walk-In Closet
  • Breakfast Bar

About This Home

As of May 2020

REDUCED by $10,000!! Beautiful custom built brick ranch home, features 4 large bedrooms & 3 1/2 baths & the potential for a 4th bedroom in the basement, 2 direct vent gas fireplaces, large eat in kitchen & a formal dining room a 3 car garage up & a huge garage in the finished basement, that has a huge workshop with 220 electric. This home is handicapped accessible throughout! All of this sitting on an oversized lot & just a short walk to Lake Cumberland & a boat ramp. Sellers are providing a 1 year home warranty!!

Last Agent to Sell the Property

Michael Hines

Lake Cumberland Real Estate Professionals License #206380 Listed on: 04/23/2019

Last Buyer's Agent

Unknown Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,265

Year Built

  • Built in 2005

Lot Details

  • 0.5 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Many Trees

Parking

  • 3 Car Attached Garage
  • Basement Garage
  • Garage Door Opener

Home Design

  • Brick Veneer
  • Dimensional Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic Access Panel
  • Washer
  • Property Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Home Security

  • Security System Owned
  • Storm Doors

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 041-5-1-35

Community Details

Overview

  • Horizon Hills Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,265

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 2172.0
  • Levels: One
  • New Construction: No
  • Roof:Dimensional Style: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Flooring:Laminate: Yes
  • Fencing:Chain Link: Yes
  • Appliances Refrigerators: Yes
  • Fencing:Partial2: Yes
  • Washers: Yes
  • Percent Basement Finished: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Walk-In Closet(s)
  • Flooring: Hardwood, Laminate, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Finished, Full
  • Basement: Yes
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1248.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Family Room, Gas Log, Living Room
  • Fireplace: Yes
  • LivingArea: 3420.0
  • Lot Size Area: 0.5
  • Window Features: Insulated Windows, Screens
  • Full Basement: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Brick Veneer
  • Fencing: Chain Link, Partial
  • Foundation Details: Concrete Perimeter
  • List Price: 269900.0
  • Lot Features: Many Trees
  • View: Suburban
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Screens: Yes
  • Exterior Features:Storm Door(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Attached Garage, Basement, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Heating: Ceiling, Heat Pump, Propane Tank Leased
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security Features: Security System Owned
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane Tank Leased: Yes
  • Heating:Ceiling: Yes

Condo/Co-op/Association

  • Community Features: Park

Lot Info

  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21780.0
  • Parcel Number: 041-5-1-35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2019
Closed on
May 15, 2020
Sold by
Holmes Brenda
Bought by
Abshear Jeffery and Abshear Angela
Seller's Agent
Michael Hines
Lake Cumberland Real Estate Professionals
Buyer's Agent
Unknown Member
Non-Member Office
List Price
$279,800
Sold Price
$265,500
Premium/Discount to List
-$14,300
-5.11%
Current Estimated Value
$435,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,745
Avg. Annual Appreciation
9.42%

Purchase Details

Closed on
Apr 27, 2005
Sold by
Wiggington Builders Inc
Bought by
Spitzer James L and Spitzer Walheide G
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
Abshear Jeffery $265,500 --
Spitzer James L $237,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2020 05/18/20 Sold $265,500 -5.1% $78 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
04/23/2019 04/23/19 For Sale $279,800 -- $82 / 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
2025 $2,265 $355,000 $15,000 $340,000
2024 $2,220 $300,000 $15,000 $285,000
2023 $2,334 $300,000 $15,000 $285,000
2022 $2,367 $300,000 $15,000 $285,000
2021 $2,178 $265,000 $15,000 $250,000
2020 $1,599 $232,500 $15,000 $217,500
2019 $1,652 $232,500 $15,000 $217,500
2018 $1,577 $225,000 $20,000 $205,000
2017 $1,546 $225,000 $20,000 $205,000
2016 $1,552 $225,000 $20,000 $205,000
2015 $1,517 $225,000 $20,000 $205,000
2014 $1,484 $225,000 $20,000 $205,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Hines

    Seller's Agent in 2020

    Michael Hines

    Lake Cumberland Real Estate Professionals

    (606) 875-0398

    99 in this area

    164 Total Sales

    Michael Hines
    Section Image

  • U

    Buyer's Agent in 2020

    Unknown Member

    Non-Member Office

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 3034092

ImagineMLS (Bluegrass REALTORS®)

APN: 041-5-1-35

Kentucky Pulaski County Somerset 42503

481 Horizon Hill Dr, Somerset, KY

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