NOT LISTED FOR SALE

487 Summit Pointe Dr Somerset, KY 42503

Estimated Value: $368,000 - $501,000

4 Beds
3 Baths
3,536 Sq Ft
$118/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $220,000 $62 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,463/month

Highlights

  • Contemporary Architecture
  • Cooling Available
  • Heat Pump System
  • No HOA

About This Home

As of November 2020

Elegant brick contemporary home in Summit Pointe Subdivision. Tons of square feet for the price. This home offers a spacious finished basement, large yard, 2 car garage, 4BD/3BA, and open concept floor plan. Large master suite with walk in closet, covered back porch, and stunning curb appeal. Nearly impossible to get this much house for the price!

Last Agent to Sell the Property

M KRIS ABSHER

CENTURY 21 Advantage Realty License #59702 Listed on: 09/27/2020

Last Buyer's Agent

Unknown Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,271

Lot Details

  • 0.79 Acre Lot

Home Design

  • Contemporary Architecture
  • Shingle Roof

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • Finished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 050-2-2-19

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,271

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Contemporary
  • New Construction: No
  • ResoPropertyType: Residential
  • General Property Description:Lot Size Acres: 0.79
  • General Property Description:Above Grade Finished Area: 2041.0
  • General Property Description:Waterfront: No
  • Basement: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Cooling:Heat Pump3: Yes
  • General Property Description:Below Grade Finished Area: 1495.0
  • Architectural Style:Contemporary: Yes
  • Roof:Shingle: Yes
  • Percent Basement Finished: Yes
  • General Property Description:Finished Area Total: 3536.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Finished
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1495.0
  • Lot Size Area: 0.79
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 209900.0
  • Construction Materials:Other4: Yes

Utilities

  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2022
Sold by
Lewis Scott K
Bought by
Simonetti Sonny I
Current Estimated Value
$417,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,439
Outstanding Balance
$286,084
Interest Rate
4.98%
Mortgage Type
Construction
Estimated Equity
$131,361

Purchase Details

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Change Sq Ft Price
11/25/2020 11/25/20 Sold $220,000 +4.8% $62 / Sq Ft
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 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 $2,271 $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

See All Agents

Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 3038342

ImagineMLS (Bluegrass REALTORS®)

APN: 050-2-2-19