NOT LISTED FOR SALE

526 Lake Forest Dr Somerset, KY 42503

Estimated Value: $355,000 - $433,000

4 Beds
3 Baths
2,923 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $221,500 $76 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,213/month

4 Days on Market

Highlights

  • 2.1 Acre Lot
  • Deck
  • Wood Flooring
  • Mountain View
  • Wooded Lot
  • 2 Car Attached Garage

About This Home

As of June 2020

Here it is...that hard to find 4 bedroom with 3 full baths. Home is nestled in the wood with 2.1 acres surrounding it. A seasonal Lake view. Slate Branch Ramp only a couple minutes at the end of the street. Beautiful hardwood floors and granite counter tops. Relax on your porch with lots of privacy. Extra parking for your boat. Back yard is fenced.

Last Agent to Sell the Property

Sherri Frye

Godby Realty & Auction License #200737 Listed on: 05/08/2020

Last Buyer's Agent

Misty Tingle

Weichert Realtors Ford Brothers, Inc. License #246683

Weichert Realtors Ford Brothers, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,672

Year Built

  • Built in 1998

Lot Details

  • 2.1 Acre Lot
  • Chain Link Fence
  • Wooded Lot
  • Many Trees

Parking

  • 2 Car Attached Garage
  • Basement Garage

Home Design

  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Window Screens
  • Insulated Doors
  • Mountain Views
  • Attic Access Panel
  • Washer and Electric Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Walk-Up Access

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling Available
  • Heating unit installed on the ceiling
  • Air Source Heat Pump
  • Electric Water Heater
  • Septic Tank

Community Details

  • Lake Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041-5-2-16

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,672

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Year Built: 1998
  • Above Grade Finished Sq Ft: 2193.0
  • Levels: One and One Half
  • New Construction: No
  • Foundation Details:Concrete Perimeter: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Fencing:Chain Link: Yes
  • Appliances Refrigerators: Yes
  • View:Mountains: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Hardwood, Tile
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Partially Finished, Walk-Out Access, Walk-Up Access
  • Basement: Yes
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 730.0
  • Fireplace: No
  • LivingArea: 2923.0
  • Lot Size Area: 2.1
  • Window Features: Blinds, Insulated Windows, Screens
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Partially Finished: Yes
  • Basement:Walk-Up Access: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Metal
  • Construction Materials: Vinyl Siding, Other
  • Fencing: Chain Link
  • Foundation Details: Concrete Perimeter
  • List Price: 229900.0
  • Lot Features: Many Trees, Wooded
  • Patio And Porch Features: Deck, Patio
  • View: Mountain(s), Other
  • View YN: Yes
  • Waterfront: No
  • Window Features:Blinds: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Screens: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Attached Garage, Basement

Utilities

  • Sewer: Septic Tank
  • Heating: Ceiling, Electric, Heat Pump
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Ceiling: Yes

Lot Info

  • Lot Size Acres: 2.1
  • Lot Size Sq Ft: 91476.0
  • Parcel Number: 041-5-2-16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jun 15, 2020
Sold by
Gaffney Ada Marie
Bought by
Wilson Gregory S and Kemper Amy M
Seller's Agent
Sherri Frye
Godby Realty & Auction
Buyer's Agent
Misty Tingle
Weichert Realtors Ford Brothers, Inc.
List Price
$229,900
Sold Price
$221,500
Premium/Discount to List
-$8,400
-3.65%
Current Estimated Value
$394,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,701
Avg. Annual Appreciation
11.27%

Purchase Details

Closed on
Jun 26, 2015
Bought by
Gaffney Ada Marie
Source: Public Records

Range of Values:

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Average Value
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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
Wilson Gregory S $221,500 --
Gaffney Ada Marie $170,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2020 06/15/20 Sold $221,500 -3.7% $76 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $229,900 +31.4% $79 / Sq Ft
12/16/2016 12/16/16 Sold $174,900 0.0% -- View Prior Sale
12/12/2016 12/12/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $174,900 +2.9% --
07/26/2013 07/26/13 Sold $170,000 -8.1% -- View Prior Sale
07/26/2013 07/26/13 Pending -- -- --
04/16/2012 04/16/12 For Sale $185,000 -- --
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 $1,672 $260,000 $20,000 $240,000
2024 $1,639 $221,500 $20,000 $201,500
2023 $1,724 $221,500 $20,000 $201,500
2022 $1,747 $221,500 $20,000 $201,500
2021 $1,821 $221,500 $20,000 $201,500
2020 $1,833 $221,500 $20,000 $201,500
2019 $1,495 $174,900 $20,000 $154,900
2018 $1,472 $174,900 $20,000 $154,900
2017 $1,443 $174,900 $20,000 $154,900
2016 $1,403 $170,000 $20,000 $150,000
2015 $1,371 $170,000 $20,000 $150,000
2014 $1,335 $170,000 $20,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 3037130

ImagineMLS (Bluegrass REALTORS®)

APN: 041-5-2-16