NOT LISTED FOR SALE

825 Cedar Pointe Dr Somerset, KY 42501

Estimated Value: $49,000 - $55,908

0.83 Acre
$63,016 Price per Acre
36,155 Sq Ft Lot

Last Sold September 09, 2024

Last sale price $44,000

Est. 19% increase in value since last sale

Current estimated payment $299/month

147 Days on Market

About This Lot

As of September 2024

Discover an exquisite opportunity to create the lakefront house you've always envisioned with this prime lot for sale. Situated in a prestigious neighborhood, this property offers the perfect blend of tranquil country living and convenience, being only minutes away from Somerset.

The existing homes in the area exude elegance, and this particular lot has the added appeal of backing up to the serene Pittman Creek Marina. Enjoy easy access to the water thanks to the level terrain of the lot. Envision your dream home nestled among the beautiful trees - which can also be harvested for timber as you clear the space for construction (with the exception of those on the Core).

Embrace the chance to build your bespoke lake home in this wonderful setting and join a community of stunning properties. Don't miss out on this rare opportunity to craft your future in this enviable location.

Last Agent to Sell the Property

The Millie - Millie Weaver

Lake Cumberland Real Estate Professionals License #208856 Listed on: 03/27/2024

Last Buyer's Agent

Null Non-Member

Non-Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $259

Lot Details

  • 0.83

Additional Features

  • 0.83 Acre Lot
  • Agricultural

Community Details

  • Cedar Cove Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 063-0-0-33

Property Details

Property Type

Land

Est. Annual Taxes

$259

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub-Type: Agriculture
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Lot Size Area: 0.83

Exterior Features

  • List Price: 45900.0

Lot Info

  • Lot Size Acres: 0.83
  • Lot Size Sq Ft: 36155.0
  • Parcel Number: 063-0-0-33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Sep 7, 2021
Sold by
Wesley Edgar
Bought by
Smith Matthew R and Smith Jan M
Seller's Agent
Arthur Bolze
Weichert Realtors Ford Brothers, Inc.
Buyer's Agent
Arthur Bolze
Weichert Realtors Ford Brothers, Inc.
List Price
$42,900
Sold Price
$35,000
Premium/Discount to List
-$7,900
-18.41%
Current Estimated Value
$52,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,303
Avg. Annual Appreciation
10.35%
Original Mortgage
$29,750
Outstanding Balance
$22,741
Interest Rate
2.18%
Mortgage Type
Construction
Estimated Equity
$29,562

Purchase Details

Closed on
Apr 30, 2018
Sold by
James Hendren
Bought by
Edgar Wesley

Purchase Details

Closed on
Aug 13, 2014
Bought by
Hendren James and Hendren Tammie
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Smith Matthew R $35,000 Attorney Only
Edgar Wesley $38,000 --
Hendren James $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Matthew R $29,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2024 09/09/24 Sold $44,000 -4.1% --
08/22/2024 08/22/24 Pending -- -- --
06/03/2024 06/03/24 Price Changed $45,900 -8.0% --
03/27/2024 03/27/24 For Sale $49,900 +42.6% --
09/07/2021 09/07/21 Sold $35,000 -18.4% -- View Prior Sale
08/06/2021 08/06/21 For Sale $42,900 -- --
07/23/2021 07/23/21 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 $259 $35,000 $35,000 $0
2023 $272 $35,000 $35,000 $0
2022 $276 $35,000 $35,000 $0
2021 $312 $38,000 $38,000 $0
2020 $314 $38,000 $38,000 $0
2019 $325 $38,000 $38,000 $0
2018 $295 $35,000 $35,000 $0
2017 $289 $35,000 $35,000 $0
2016 $289 $35,000 $35,000 $0
2015 $282 $35,000 $35,000 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • The Millie - Millie Weaver

    Seller's Agent in 2024

    The Millie - Millie Weaver

    Lake Cumberland Real Estate Professionals

    (606) 677-0059

    105 in this area

    217 Total Sales

    The Millie - Millie Weaver
    Section Image

  • N

    Buyer's Agent in 2024

    Null Non-Member

    Non-Member Office

  • A

    Seller's Agent in 2021

    Arthur Bolze

    Weichert Realtors Ford Brothers, Inc.

    (606) 271-0642

    9 in this area

    35 Total Sales

    Arthur Bolze
    Section Image
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24005710

ImagineMLS (Bluegrass REALTORS®)

APN: 063-0-0-33

Kentucky Pulaski County Somerset 42501

825 Cedar Pointe Dr, Somerset, KY

This home is located at 825 Cedar Pointe Dr, Somerset, KY 42501 since 27 March 2024 and is currently estimated at $52,303. 825 Cedar Pointe Dr is a home located in Pulaski County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

ImagineMLS (Bluegrass REALTORS®) The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 LBAR Multiple Listing Service. All Rights Reserved.

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