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Backup Offers

103 Wallace Ave, Somerset, KY, 42501

$159,900

Home List Price

$1,899*

Closing Credit

3 Bedrooms
3 Full Baths
House
Schools Nearby

Location

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103 Wallace Ave, Somerset$159,900

Buyer Closing Credits

$1,899*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built9999
HeatingHeat Pump
CoolingHeat Pump
BasementYes
MLS #24001522
Lot Size0.90 Acres
StatusAccepting Backup Offers
(Contingent)

About 103 Wallace Ave

This is the obvious choice for your hard earned money! Here is a 3 bedroom, 3 bathroom brick home in an excellent location, on a quiet street, with a full basement and a beautiful sunroom! You will love the large living area with a bay window. The kitchen and dining area is open concept and it's large and spacious -- perfect for entertaining friends and family. All 3 bedrooms upstairs are large and spacious and both bathrooms have been beautifully updated. Downstairs, the mostly finished basement has plenty of room. There is also a 4th bedroom area and a 3rd bathroom. And that's not all! There is a sunroom with patio doors opening up to the back yard. You can even get a 1 year warranty for peace of mind. Live close to all the action of the city on a quiet peaceful street, just a short walk to shopping and Somerset Community College.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 9999
  • Stories: 1

Listing Office:

  • Office Name: Key Players Real Estate
  • Office Phone: (859) 559-0071

Interior Features

Interior Information:

  • Appliances: Cooktop, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Breakfast Bar, Dining Area

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.90 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Take Hwy 27 to the Cracker Barrell/Ross/Amons intersection. Turn between Amons and Ross and at the stopsign turn right onto Monticello Street. Turn left onto Wallace and it's the second house on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $159,900

Tax Information:

  • Annual Amount: $509
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Somerset, KY.

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Somerset, KY

City

Med. Sold Price

$244.9K

Avg. Days On Market

57

# of Sold Homes

41

103 Wallace Ave vs Somerset

101 DAYS ON ROCKET

+44 Days

$159,900

-$85K Less

KEY TAKEAWAY

This property is $85K less than the Median Sold Price in Somerset, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24001522

Listing Office:

  • Office Name: Key Players Real Estate
  • Office Phone: (859) 559-0071

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/9/2024, 1:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$509$94,000
2019$524$82,500
2018$377$82,500
2017$370$82,500

History based on county public records data.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-9355200
10
/10

  • Southern Elementary School

  • 198 Enterprise Dr

  • 1.83 miles

  • Public District Grades KG-5

school-card-donut-9355201
7
/10

  • Oak Hill Elementary School

  • 1755 Wtlo Rd

  • 2.25 miles

  • Public District Grades KG-5

school-card-donut-9355202
6
/10

  • Hopkins Elementary School

  • 210 May St

  • 2.50 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,224. The most common annual income of people living in Somerset, KY is less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 103 Wallace Ave

What is the listing price of this property?

The listing price of 103 Wallace Ave property is $159,900.

What type of property is this?

The property 103 Wallace Ave is a house located in Somerset, Kentucky, 42501.

Is this property for sale now?

Accepting Backup Offers: 103 Wallace Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $509 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 103 Wallace Ave has 3 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 103 Wallace Ave is 9999.

Rocket Homes›Kentucky›Pulaski County›Somerset›42501›103 Wallace Ave

This home is located at 103 Wallace Ave in Somerset, KY and zip code 42501. This home, which was built in 9999, sits on a 0.90 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 28, 2024 and is currently priced at $159,900.

In April 2024 more than 1 listings in Somerset, KY were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 34 were sold below. The number of listings in Somerset, KY increased by 6.2% between March 2024 and April 2024. Listings spent 57 days on the market in April 2024, and had a median list price of $244,983 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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