NOT LISTED FOR SALE

487 Summit Pointe Dr Somerset, KY 42503

Estimated Value: $365,000 - $413,000

6 Beds
3 Baths
4,082 Sq Ft
$94/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $307,000 $75 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,218/month

130 Days on Market

Highlights

  • 2 Car Attached Garage
  • Brick Veneer
  • Patio
  • Eat-In Kitchen
  • Cooling Available
  • Forced Air Heating System

About This Home

As of April 2022

Gorgeous Executive style home located in Summit Pointe Subdivision!!! Get your very own House on the Hill!!!! This home has 6BR/3BA and would be perfect for a LARGE family or someone who needed extra hobby/craft space. Gorgeous crown moulding throughout, 2 fireplaces (one in living room and another in master bedroom), HUGE master bedroom with mood lighting, GRAND Foyer!!! This home has a 2 car attached garage, and is very close to Southwestern High School and Oak Hill Elementary! Not a stitch of carpet in the whole house... very dog and kid friendly for that reason. You need to see this one!

Last Agent to Sell the Property

Ashly Smith

Lake Cumberland Real Estate Professionals License #212224 Listed on: 10/29/2021

Lake Cumberland Real Estate Professionals

Last Buyer's Agent

Matthew Fouch

Realty World Dowell & Associates License #264821

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 0.79

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Veneer
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,082 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Ventless Fireplace
  • Propane Fireplace
  • Blinds
  • Living Room with Fireplace
  • Vinyl Flooring
  • Washer Hookup
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

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

Additional Features

  • Patio
  • 0.79 Acre Lot

Community Details

  • Summitt Pointe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050-2-2-19

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0.79 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Year Built: 2004
  • Above Grade Finished Sq Ft: 4082.0
  • Levels: Two
  • New Construction: No
  • Structure Type:House: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Water Source:Public: Yes
  • Laundry Features:Washer Hookup: Yes
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Percent Basement Finished: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Flooring: Vinyl
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Finished
  • Basement: Yes
  • Total Bedrooms: 6
  • Fireplace Features: Living Room, Propane, Ventless
  • Fireplace: Yes
  • LivingArea: 4082.0
  • Lot Size Area: 0.79
  • Window Features: Blinds
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Brick Veneer
  • Fencing: None
  • Foundation Details: Concrete Perimeter
  • List Price: 349000.0
  • Patio And Porch Features: Patio
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Heating: Forced Air
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Washer Hookup
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes

Schools

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

Lot Info

  • Lot Size Acres: 0.79
  • Lot Size Sq Ft: 34412.0
  • Parcel Number: 050-2-2-19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Apr 18, 2022
Sold by
Lewis Scott K
Bought by
Simonetti Sonny I
Seller's Agent
Ashly Smith
Lake Cumberland Real Estate Professionals
Buyer's Agent
Matthew Fouch
Realty World Dowell & Associates
List Price
$399,900
Sold Price
$307,000
Premium/Discount to List
-$92,900
-23.23%
Current Estimated Value
$384,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,875
Avg. Annual Appreciation
5.92%
Original Mortgage
$301,439
Outstanding Balance
$285,227
Interest Rate
4.98%
Mortgage Type
Construction
Estimated Equity
$99,648

Purchase Details

Closed on
Aug 22, 2013
Bought by
Patel Vimla
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Simonetti Sonny I $307,000 Land Group R E Title & Closing
Patel Vimla $156,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simonetti Sonny I $301,439
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2022 04/18/22 Sold $307,000 -23.2% $75 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
10/29/2021 10/29/21 For Sale $399,900 +81.8% $98 / Sq Ft
11/25/2020 11/25/20 Sold $220,000 +4.8% $62 / Sq Ft View Prior Sale
09/28/2020 09/28/20 Pending -- -- --
09/27/2020 09/27/20 For Sale $209,900 -- $59 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

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 $2,318 $340,000 $15,000 $325,000
2024 $23 $307,000 $15,000 $292,000
2023 $2,389 $307,000 $15,000 $292,000
2022 $1,736 $220,000 $15,000 $205,000
2021 $1,808 $220,000 $15,000 $205,000
2020 $1,423 $172,000 $15,000 $157,000
2019 $1,471 $172,000 $15,000 $157,000
2018 $1,447 $172,000 $15,000 $157,000
2017 $1,419 $172,000 $15,000 $157,000
2016 $1,419 $172,000 $15,000 $157,000
2015 $1,387 $172,000 $15,000 $157,000
2014 $1,350 $172,000 $15,000 $157,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20123477

ImagineMLS (Bluegrass REALTORS®)

APN: 050-2-2-19

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