NOT LISTED FOR SALE

777 Lakeview Dr Somerset, KY 42503

Estimated Value: $324,208 - $371,000

3 Beds
2 Baths
2,124 Sq Ft
$160/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $240,000 $113 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,938/month

67 Days on Market

Highlights

  • Lake View
  • Cooling Available
  • 1-Story Property
  • Wood Flooring
  • Fireplace in Basement
  • Wood Siding

About This Home

As of April 2021

IMMACULATE Lake Front Home. Just minutes from ramps, Marinas, camping, Golf, Restaurants, entertainment and more. This gorgeous home has plenty of room for storing your boat and has a Mother in law suite on lower level that is mostly finished. The massive deck has crazy room for entertaining. As soon as you walk in you are going to be amazed at the jaw dropping Natural Maple hardwood flooring throughout, and ceramic tile in kitchen and baths. We have 3 BR, one on lower level and split floor plan upstairs for privacy and 2 spacious baths with granite counter tops and double vanity in the master bath. The elegant kitchen is an open concept with granite as well and new cabinets and stainless steel appliances. Walk out to the breathtaking sunroom that features sliding glass windows to open for a relaxing breeze in the morning while having your coffee. This Lake Home has been completely updated and would make a perfect vacation retreat, VRBO, Airbnb or residential. Just come see!!

Last Agent to Sell the Property

Jeff Sims

Realty World Dowell & Associates Listed on: 12/06/2020

Last Buyer's Agent

Charlotte Ikerd

Realty World Dowell & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,812

Lot Details

  • 0.5 Acre Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Wood Siding
  • HardiePlank Type

Interior Spaces

  • 1-Story Property
  • Great Room with Fireplace
  • Lake Views
  • Attic Access Panel

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Partial Basement
  • Fireplace in Basement

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Electric Water Heater
  • Septic Tank

Community Details

  • Lakeview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 063-6-2-16

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,812

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 1730.0
  • Levels: One
  • New Construction: No
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Water Source:Public: Yes
  • Appliances Microwave: Yes
  • Foundation Details:Block3: Yes
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Percent Basement Finished: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Flooring: Hardwood, Tile
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Finished, Partial
  • Basement: Yes
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 394.0
  • Fireplace Features: Basement, Great Room
  • Fireplace: Yes
  • LivingArea: 2124.0
  • Lot Size Area: 0.5
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Wood Siding, HardiPlank Type
  • Foundation Details: Block
  • List Price: 249900.0
  • View: Lake, Other
  • View YN: Yes
  • Waterfront: No
  • View:Lake: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:HardiPlank Type: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21780.0
  • Parcel Number: 063-6-2-16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2020
Closed on
Apr 14, 2021
Sold by
Legend Homes Llc
Bought by
Gravitt Brandan and Gravitt Brian Shane
Seller's Agent
Jeff Sims
Realty World Dowell & Associates
Buyer's Agent
Charlotte Ikerd
Realty World Dowell & Associates
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Current Estimated Value
$339,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,802
Avg. Annual Appreciation
7.96%
Original Mortgage
$180,000
Outstanding Balance
$132,512
Interest Rate
2.36%
Mortgage Type
Construction
Estimated Equity
$207,290

Purchase Details

Closed on
Apr 15, 2019
Sold by
Capstone Ents Llc
Bought by
Legend Homes Llc

Purchase Details

Closed on
Feb 5, 2008
Sold by
Craig Merrick
Bought by
Capstone Enterprises Llc
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
Gravitt Brandan $240,000 Attorney Only
Legend Homes Llc $74,730 --
Capstone Enterprises Llc $74,730 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gravitt Brandan $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $240,000 -4.0% $113 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
12/06/2020 12/06/20 For Sale $249,900 -- $118 / 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 $1,812 $240,000 $40,000 $200,000
2024 $1,776 $240,000 $40,000 $200,000
2023 $1,867 $240,000 $40,000 $200,000
2022 $1,893 $240,000 $40,000 $200,000
2021 $1,973 $240,000 $40,000 $200,000
2020 $1,738 $210,000 $40,000 $170,000
2019 $639 $74,730 $74,730 $0
2018 $629 $74,730 $74,730 $0
2017 $617 $74,730 $74,730 $0
2016 $617 $74,730 $74,730 $0
2015 $603 $74,730 $74,730 $0
2014 $587 $74,730 $74,730 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 3038857

ImagineMLS (Bluegrass REALTORS®)

APN: 063-6-2-16