NOT LISTED FOR SALE

486 Water Cliff Dr Somerset, KY 42503

Estimated Value: $514,000 - $621,000

5 Beds
3 Baths
4,096 Sq Ft
$144/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $533,900 $130 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,439/month

29 Days on Market

Highlights

  • Boat Ramp
  • Lake View
  • Deck
  • Public Water Access
  • Waterfront
  • Contemporary Architecture

About This Home

As of March 2024

If breathtaking views of Lake Cumberland and a beautiful neighborhood where deer and various wildlife roam freely is on your bucket list, you really should see this roomy contemporary home! Featuring a beautiful brick, wide entry way leading you into a large vaulted great room (with stone fireplace) that opens onto a new grilling deck overlooking the lake, and flows into a newly remodeled kitchen (with fresh new cabinetry) and a charming four seasons sunroom. A roomy master suite, that too walks onto a lake view deck, and two additional bedrooms are located on this spacious main level, one of which could beautifully covert to a front room dining area or office. The lower level, large enough to serve as guest quarters or a mother-in-law suite, features a family room w/ kitchenette, gas fireplace, slate floors, 2 large bedrooms, recreation room, butlers pantry, and two extra closets designed just for additional storage in addition to a 16.5 X 22.5 workshop or utility garage. Covered patio area in back gives you, yet again, more views of what nature has in store. Close in and within a 1/4 mile to the beautiful Needle Pointe boat ramp. No HOA dues for this resort style setting!!!

Last Agent to Sell the Property

Vicki Hines

Keller Williams Bluegrass Realty - Lake Cumberland Listed on: 01/05/2024

Last Buyer's Agent

Jeromey Weinert

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,039

Year Built

  • Built in 2001

Lot Details

  • 0.86 Acre Lot
  • Waterfront
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Brick Veneer
  • Dimensional Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Recreation Room with Fireplace
  • Bonus Room
  • Utility Room
  • Washer and Electric Dryer Hookup
  • Lake Views
  • Basement

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Slate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Outdoor Features

  • Public Water Access
  • Property is near a marina
  • Boat Ramp
  • Deck
  • Patio
  • Porch

Schools

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

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Propane
  • Electric Water Heater
  • Septic Tank

Community Details

  • Lake Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041-0-0-14.1

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,039

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Contemporary
  • Structure Type: House
  • Year Built: 2001
  • Above Grade Finished Sq Ft: 2048.0
  • Levels: One
  • New Construction: No
  • Structure Type:House: Yes
  • Roof:Dimensional Style: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Flooring:Carpet: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style:Contemporary: Yes
  • Flooring:Slate: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, In-Law Floorplan, Primary Downstairs, Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Slate, Wood
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2048.0
  • Fireplace Features: Family Room, Gas Log, Great Room, Recreation Room
  • Fireplace: Yes
  • LivingArea: 4096.0
  • Lot Size Area: 0.86
  • Window Features: Insulated Windows
  • Fireplace Features:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Interior Features:Wet Bar: Yes
  • Fireplace Features:Recreation Room2: Yes

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Stone, Other, Brick Veneer
  • Foundation Details: Concrete Perimeter
  • List Price: 549900.0
  • Lot Features: Wooded
  • Patio And Porch Features: Deck, Patio, Porch
  • View: Lake
  • View YN: Yes
  • Water Body Name: Lake Cumberland
  • Waterfront: Yes
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Wooded: Yes
  • View:Lake: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached Garage, Driveway
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Connected, Propane Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • 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: 0.86
  • Lot Size Sq Ft: 37462.0
  • Parcel Number: 041-0-0-14.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Mar 15, 2024
Sold by
Woody Sandra and Woody James R
Bought by
Crawford Scott Thomas and Crawford Merritt D
Seller's Agent
Vicki Hines
Keller Williams Bluegrass Realty - Lake Cumberland
Buyer's Agent
Jeromey Weinert
EXP Realty, LLC
List Price
$549,900
Sold Price
$533,900
Premium/Discount to List
-$16,000
-2.91%
Views
173
Current Estimated Value
$589,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,936
Avg. Annual Appreciation
6.19%

Purchase Details

Listed on
Dec 16, 2018
Closed on
Jan 22, 2019
Sold by
Landry Karen Y
Bought by
Woody James R and Woody Sandra D
Seller's Agent
Vicki Hines
Lake Cumberland Real Estate Professionals
Buyer's Agent
Holly Sears Weddle
CENTURY 21 Advantage Realty
List Price
$499,900
Sold Price
$360,000
Premium/Discount to List
-$139,900
-27.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%

Purchase Details

Listed on
Sep 10, 2014
Closed on
Oct 2, 2014
Bought by
Landry Karen Y
Seller's Agent
Emily Hacker-Todd
CENTURY 21 Advantage Realty
Buyer's Agent
Barbara Chaney
CENTURY 21 Advantage Realty
List Price
$489,900
Sold Price
$350,000
Premium/Discount to List
-$139,900
-28.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.66%
Source: Public Records

Range of Values:

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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
Crawford Scott Thomas $533,900 Bluegrass Land Title
Woody James R $360,000 --
Landry Karen Y $350,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2024 03/15/24 Sold $533,900 -2.9% $130 / Sq Ft
02/04/2024 02/04/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $549,900 +52.8% $134 / Sq Ft
01/22/2019 01/22/19 Sold $360,000 -28.0% -- View Prior Sale
01/11/2019 01/11/19 Pending -- -- --
01/31/2018 01/31/18 For Sale $499,900 +42.8% --
10/02/2014 10/02/14 Sold $350,000 -28.6% -- View Prior Sale
09/08/2014 09/08/14 Pending -- -- --
09/06/2014 09/06/14 For Sale $489,900 -- --
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 $4,039 $535,000 $50,000 $485,000
2024 $3,958 $535,000 $50,000 $485,000
2023 $2,957 $380,000 $50,000 $330,000
2022 $2,678 $380,000 $50,000 $330,000
2021 $2,626 $360,000 $50,000 $310,000
2020 $2,654 $360,000 $50,000 $310,000
2019 $3,078 $360,000 $50,000 $310,000
2018 $2,945 $350,000 $350,000 $0
2017 $2,888 $350,000 $350,000 $0
2016 $2,888 $350,000 $350,000 $0
2015 $2,823 $350,000 $350,000 $0
2014 $2,072 $300,000 $300,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24000265

ImagineMLS (Bluegrass REALTORS®)

APN: 041-0-0-14.1