4 months on rocket

Sale Pending

107 Magnolia Ave, Somerset, KY, 42503

$275,000

Home List Price

$3,266*

Closing Credit

4 Bedrooms
2 Full Baths
House
Schools Nearby

Location

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107 Magnolia Ave, Somerset$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1975
HeatingHeat Pump
CoolingHeat Pump
BasementYes
FireplaceElectric, Factory Built, Great Room
MLS #23024110
Lot Size0.40 Acres
StatusSale Pending
(Pending)

About 107 Magnolia Ave

This 4 BR 2 BA home is on a corner lot and has just been remodeled. The main floor is an open floor plan with beautiful granite counter tops and done in shades of grey and white. The combo kitchen, dining and great room are great for a large family. The botton level has a family room, bedroom and extra large laundry room. The second lvel has 3 bdroom and 2 bathrooms. It is located close to schools, shopping and restaurants. New to the market.

Property Details

Property Features

Property Information:

  • Architectural Style: Split Foyer
  • Year Built: 1975
  • Stories: 1

Listing Office:

  • Office Name: CENTURY 21 Advantage Realty
  • Office Phone: (606) 451-1021

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Range
  • Basement: Yes
  • Flooring Type: Laminate, Wood
  • Interior: Breakfast Bar, Ceiling Fan(s), Dining Area, Eat-in Kitchen
  • Fireplace: Electric, Factory Built, Great Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: So 27 to stop light 21, turn right into Green Meadows Subd and proceed on Magnolia with home on left. See sign

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000

Tax Information:

  • Annual Amount: $705
  • 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

107 Magnolia Ave vs Somerset

127 DAYS ON ROCKET

+70 Days

$275,000

+$30K More

KEY TAKEAWAY

This property is $30K more than the Median Sold Price in Somerset, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #23024110

Listing Office:

  • Office Name: CENTURY 21 Advantage Realty
  • Office Phone: (606) 451-1021

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: 5/2/2024, 11:20:36 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$705$85,800
2019$710$85,800
2018$722$85,800
2017$708$85,800

History based on county public records data.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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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-5072420
10
/10

  • Southern Elementary School

  • 198 Enterprise Dr

  • 0.52 miles

  • Public District Grades KG-5

school-card-donut-5072421
7
/10

  • Oak Hill Elementary School

  • 1755 Wtlo Rd

  • 2.16 miles

  • Public District Grades KG-5

school-card-donut-5072422
6
/10

  • Burnside Elementary School

  • 435 E Lakeshore Dr

  • 4.04 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,912. The most common annual income of people living in Somerset, KY is between $35k-100k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 107 Magnolia Ave

What is the listing price of this property?

The listing price of 107 Magnolia Ave property is $275,000.

What type of property is this?

The property 107 Magnolia Ave is a house located in Somerset, Kentucky, 42503.

Is this property for sale now?

Sale Pending: 107 Magnolia Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $705 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 107 Magnolia Ave has 4 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 107 Magnolia Ave is 1975.

Rocket Homes›Kentucky›Pulaski County›Somerset›42503›107 Magnolia Ave

This home is located at 107 Magnolia Ave in Somerset, KY and zip code 42503. This home, which was built in 1975, sits on a 0.40 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 27, 2023 and is currently priced at $275,000.

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. The median list price of listings available in April 2024 was $244,983, while the average time on the real estate market was 57 days.

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

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