NOT LISTED FOR SALE

503 Slate Branch Rd Somerset, KY 42503

Estimated Value: $247,000 - $335,000

4 Beds
2 Baths
1,737 Sq Ft
$166/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $219,000 $126 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,694/month

47 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Cooling Available
  • Neighborhood Views
  • Brick Veneer
  • Living Room

About This Home

As of September 2023

NEW PRICE! Do Not miss out on this beautiful brick ranch home with 4 bedrooms, and 2 baths. Great to have the convenience of being close into town, and close to boat ramps and a marina. Newer windows, a huge laundry room, and laminate flooring are just some of the features of this home. Covered back patio, storage shed and a corner lot make this a great place to make your home.

Last Agent to Sell the Property

Lori Johnson

Keller Williams Bluegrass Realty - Lake Cumberland Listed on: 07/07/2023

Last Buyer's Agent

Alisha Burton

RE/MAX LakeTime Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,628

Year Built

  • Built in 1975

Lot Details

  • 0.35 Acre Lot

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Veneer
  • Block Foundation
  • Dimensional Roof

Interior Spaces

  • 1,737 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Utility Room
  • Neighborhood Views

Kitchen

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

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Sump Pump
  • Crawl Space

Schools

  • Southern Elementary And Middle School
  • Southwestern High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050-9-3-64

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,628

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Architectural Style: Ranch
  • Structure Type: House
  • Year Built: 1975
  • Above Grade Finished Sq Ft: 1737.0
  • Levels: One
  • New Construction: No
  • Structure Type:House: Yes
  • View:Neighborhood: Yes
  • Roof:Dimensional Style: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • Architectural Style:Ranch: Yes
  • Foundation Details:Block3: Yes
  • Flooring:Laminate: Yes
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Flooring: Laminate, Vinyl
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space, Sump Pump
  • Basement: No
  • Total Bedrooms: 4
  • Fireplace: No
  • LivingArea: 1737.0
  • Lot Size Area: 0.35
  • Window Features: Blinds
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Crawl Space: Yes
  • Basement:Sump Pump: Yes

Exterior Features

  • Roof: Dimensional Style
  • Construction Materials: Brick Veneer
  • Foundation Details: Block
  • List Price: 229900.0
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Neighborhood
  • View YN: Yes
  • Waterfront: No
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Blinds: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached Garage, Driveway, Off Street
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

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

Lot Info

  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15333.0
  • Parcel Number: 050-9-3-64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Sep 8, 2023
Sold by
Fultz Daniel J
Bought by
Troxtle Beverly L
Seller's Agent
Lori Johnson
Keller Williams Bluegrass Realty - Lake Cumberland
Buyer's Agent
Alisha Burton
RE/MAX LakeTime Realty
List Price
$239,900
Sold Price
$219,000
Premium/Discount to List
-$20,900
-8.71%
Views
212
Current Estimated Value
$288,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,212
Avg. Annual Appreciation
14.64%

Purchase Details

Listed on
May 3, 2021
Closed on
Jul 23, 2021
Sold by
Simpson William D and Simpson Jennifer R
Bought by
Fultz Daniel J
Seller's Agent
Tucker McAlpin
Godby Realty & Auction
Buyer's Agent
Lori Johnson
Lake Cumberland Real Estate Professionals
List Price
$179,000
Sold Price
$165,000
Premium/Discount to List
-$14,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.22%
Original Mortgage
$166,666
Interest Rate
2.87%
Mortgage Type
Construction
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
Troxtle Beverly L $219,000 Kentucky Mtn Land Title Inc
Fultz Daniel J $165,000 Kentucky Mtn Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fultz Daniel J $166,666
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $219,000 -4.7% $126 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
08/17/2023 08/17/23 Price Changed $229,900 -4.2% $132 / Sq Ft
07/07/2023 07/07/23 For Sale $239,900 +45.4% $138 / Sq Ft
07/23/2021 07/23/21 Sold $165,000 -7.8% $87 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $179,000 -- $94 / 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 $1,628 $220,000 $10,000 $210,000
2023 $1,284 $165,000 $10,000 $155,000
2022 $1,302 $165,000 $10,000 $155,000
2021 $1,069 $130,000 $130,000 $0
2020 $828 $100,000 $100,000 $0
2019 $855 $100,000 $100,000 $0
2018 $842 $100,000 $100,000 $0
2017 $825 $100,000 $100,000 $0
2016 $825 $100,000 $100,000 $0
2015 $807 $100,000 $100,000 $0
2014 $785 $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 23012802

ImagineMLS (Bluegrass REALTORS®)

APN: 050-9-3-64