NOT LISTED FOR SALE

50 Lake Walk Dr Somerset, KY 42503

Estimated Value: $527,000 - $623,000

6 Beds
4.5 Baths
4,370 Sq Ft
$128/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $393,000 $90 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,162/month

169 Days on Market

Highlights

  • Home Theater
  • Deck
  • Wood Flooring
  • 1.8 Acre Lot
  • Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of May 2020

Picturesque lake home located on a quiet cul-de-sac in Lake Forest subdivision. This gorgeous colonial style brick home with seasonal lake view was custom built by premiere builder Roger Lovins (Tri County Homes). Property features short walk to lake and backs to serene woods and a limestone creek with waterfall. The very private 1.8 acre lot borders the Corp Line to Lake Cumberland. At the end of the street there is a boat launch, swimming, and shore line access. This home offers 6 bedrooms/5 baths which includes a large master suite, great room, formal dining room, a beautiful eat in kitchen, and a large bonus room. The fully finished walk-out basement includes a living room, family room, and an area for a recreation room/home gym. Data believed correct but not guaranteed. Buyer to verify data prior to offer. Agents read Agent Remarks.

Last Agent to Sell the Property

Chuck Bahner

Busy Bee Realty License #214290 Listed on: 09/12/2019

Last Buyer's Agent

Chuck Bahner

Busy Bee Realty License #214290 Listed on: 09/12/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,617

Year Built

  • Built in 2006

Lot Details

  • 1.8 Acre Lot
  • Wooded Lot
  • Many Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 3-Story Property
  • Home Theater Equipment
  • Ceiling Fan
  • Gas Log Fireplace
  • Propane Fireplace
  • Blinds
  • Great Room with Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Theater
  • Bonus Room
  • Security System Owned
  • Laundry on main level

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Attic

  • Attic Floors
  • Storage In Attic

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Outdoor Features

  • Deck
  • Shed

Schools

  • Oakhill Elementary School
  • Southern Middle School
  • Pulaski Co High School

Utilities

  • Zoned Heating and Cooling
  • Air Source Heat Pump
  • Heating System Powered By Leased Propane
  • Propane
  • Electric Water Heater
  • Septic Tank

Community Details

  • Lake Forrest Reserve Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041-5-2-14

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,617

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 3038.0
  • Levels: Three Or More
  • New Construction: No
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Main Level: Yes
  • Flooring:Laminate: Yes
  • Roof:Composition: Yes
  • Percent Basement Finished: Yes
  • Cooling:Zoned: Yes
  • Other Equipment:Home Theater: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Other
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Primary Downstairs, Walk-In Closet(s)
  • Flooring: Carpet, Hardwood, Laminate, Other
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Basement: Concrete, Finished, Full, Walk-Out Access, Walk-Up Access
  • Basement: Yes
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1332.0
  • Fireplace Features: Gas Log, Great Room, Propane
  • Fireplace: Yes
  • LivingArea: 4370.0
  • Lot Size Area: 1.8
  • Other Equipment: Home Theater
  • Window Features: Blinds, Window Treatments
  • Basement:Concrete: Yes
  • Full Basement: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Walk-Up Access: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Exterior Features: Other
  • Roof: Composition
  • Construction Materials: Brick Veneer
  • List Price: 399900.0
  • Lot Features: Many Trees, Wooded
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes
  • Window Features:Window Treatments: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Heating: Electric, Heat Pump, Propane Tank Leased, Zoned
  • Cooling: Electric, Heat Pump, Zoned
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Main Level
  • Security Features: Security System Owned
  • Utilities: Electricity Connected, Propane Connected
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane Tank Leased: Yes
  • Heating:Zoned2: Yes

Schools

  • Elementary School: Oakhill
  • High School: Pulaski Co
  • Middle or Junior School: Southern

Lot Info

  • Lot Size Acres: 1.8
  • Lot Size Sq Ft: 78408.07
  • Parcel Number: 041-5-2-14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
May 29, 2020
Sold by
Burrows Bradley K
Bought by
Booth Terry Lee and Booth Diana Renae
Seller's Agent
Chuck Bahner
Busy Bee Realty
Buyer's Agent
Chuck Bahner
Busy Bee Realty
List Price
$399,900
Sold Price
$393,000
Premium/Discount to List
-$6,900
-1.73%
Current Estimated Value
$559,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,580
Avg. Annual Appreciation
6.74%

Purchase Details

Closed on
Jan 26, 2012
Sold by
Burrows Bradley K and Burrows Victoria L
Bought by
Bradley Burrows K and Burrows Victoria L
Source: Public Records

Range of Values:

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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
Booth Terry Lee $393,000 --
Bradley Burrows K $382,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $393,000 -1.7% $90 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
09/11/2019 09/11/19 For Sale $399,900 -- $92 / 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 $2,617 $445,000 $40,000 $405,000
2024 $2,565 $393,000 $40,000 $353,000
2023 $2,697 $393,000 $40,000 $353,000
2022 $3,100 $393,000 $40,000 $353,000
2021 $3,230 $393,000 $40,000 $353,000
2020 $3,252 $393,000 $393,000 $0
2019 $3,270 $382,500 $382,500 $0
2018 $3,219 $382,500 $382,500 $0
2017 $3,156 $382,500 $382,500 $0
2016 $3,156 $382,500 $382,500 $0
2015 $3,085 $382,500 $382,500 $0
2014 $3,003 $382,500 $382,500 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Chuck Bahner

    Busy Bee Realty

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 1921557

ImagineMLS (Bluegrass REALTORS®)

APN: 041-5-2-14

Kentucky Pulaski County Somerset 42503

50 Lake Walk Dr, Somerset, KY

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