NOT LISTED FOR SALE

536 E Highway 1248 Somerset, KY 42503

Estimated Value: $197,000

2 Beds
1.5 Baths
1,554 Sq Ft
$127/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $289,900 $187 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $1,054/month

Highlights

  • 15.02 Acre Lot
  • Cooling Available
  • Ceiling Fan
  • Wood Flooring

About This Home

As of August 2021

Rare Find! Mini farm on the edge of town (minutes from the intersection of Hwy's 80 and 27), just 1 mile from the beautiful Fishing Creek Recreational Park/ Boat Ramp on popular Lake Cumberland, as well as being less than 3 miles from Lee's Ford Marina!! Once a beautiful homestead with pond, barn, and a huge block building that could serve so many current uses, the property has approx 15 acres that awaits a new family to bring it back to it's original beauty. The house has been updated periodically throughout the years as most of the interior, including roof coverings, flooring, and cabinetry were replaced in 2016. A current appraisal (June 2021) shows the house to have 2 bedrooms but the oversized upstairs could convert to an additional 3rd or even a 4th bedroom. There's also an additional 1024 sq feet in the unfinished basement (currently used for storage) with a 2nd bathroom. Commercial use, investment potential... just a few of many opportunities that await the new owners.

Last Agent to Sell the Property

Vicki Hines

Lake Cumberland Real Estate Professionals License #188701 Listed on: 08/11/2021

Last Buyer's Agent

Vicki Hines

Lake Cumberland Real Estate Professionals License #188701 Listed on: 08/11/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $111

Year Built

  • Built in 1950

Lot Details

  • 15.02 Acre Lot

Parking

  • 1 Carport Space

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,554 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Oven or Range
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Pulaski Co Elementary School
  • Northern Pulaski Middle School
  • Pulaski Co High School

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Septic Tank

Community Details

  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 039-8-0-18

Home Details

Home Type

Single Family

Est. Annual Taxes

$111

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 1554.0
  • Levels: One and One Half
  • New Construction: No
  • Structure Type:House: Yes
  • Water Source:Public: Yes
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Vinyl, Wood, Other
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full, Unfinished
  • Basement: Yes
  • Total Bedrooms: 2
  • Fireplace: No
  • LivingArea: 1554.0
  • Lot Size Area: 15.02
  • Full Basement: Yes
  • Appliances Range: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • List Price: 289900.0
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Carport Spaces: 1.0
  • Carport: Yes
  • Garage: No

Utilities

  • Sewer: Septic Tank
  • Heating: 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

Schools

  • Elementary School: Pulaski Co
  • High School: Pulaski Co
  • Middle or Junior School: Northern Pulaski

Lot Info

  • Lot Size Acres: 15.02
  • Lot Size Sq Ft: 654271.0
  • Parcel Number: 039-8-0-18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2022
Sold by
Perry David S and Perry Julie Y
Bought by
Young Robert Harley and Young Delena Frances
Current Estimated Value
$197,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Outstanding Balance
$104,070
Interest Rate
3.39%
Mortgage Type
Construction
Estimated Equity
$92,930
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
Young Robert Harley $127,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Robert Harley $127,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $289,900 0.0% $187 / Sq Ft
08/11/2021 08/11/21 For Sale $289,900 -- $187 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
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 $111 $150,000 $150,000 $0
2023 $117 $150,000 $150,000 $0
2022 $118 $150,000 $150,000 $0
2021 $1,315 $160,000 $85,000 $75,000
2020 $1,117 $135,000 $85,000 $50,000
2019 $1,154 $135,000 $85,000 $50,000
2018 $442 $125,000 $85,000 $40,000
2017 $433 $125,000 $85,000 $40,000
2016 $433 $52,500 $12,500 $40,000
2015 $423 $52,500 $12,500 $40,000
2014 $412 $125,000 $85,000 $40,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20116689

ImagineMLS (Bluegrass REALTORS®)

APN: 039-8-0-18