5 months on rocket

111 Lair St, Somerset, KY, 42501

$110,000

Home List Price

$1,306*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
House
Schools Nearby

Location

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111 Lair St, Somerset$110,000

Buyer Closing Credits

$1,306*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1970
HeatingHeat Pump, Natural Gas
CoolingHeat Pump
MLS #23022891
Lot Size0.17 Acres
StatusActive

About 111 Lair St

Here is your chance to own real estate in one of the fastest growing towns in Kentucky . What an opportunity for the first time home buyers, investors , or if you might be needing to downsize with the convenience of living in town . Perfect for an AIRBNB for out of towner's visiting beautiful Lake Cumberland .This charming 2 bedroom, 1 1/2 bath home has a large kitchen with separate dining area and a large living room . Home has a covered front porch as well as a back porch . Practical and affordable , don't hesitate ! Call to schedule an appointment today!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1970
  • Stories: 1

Listing Office:

  • Office Name: WEICHERT REALTORS - Ford Brothers
  • Office Phone: (606) 878-7112

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Laminate, Vinyl
  • Interior: Bedroom First Floor, Dining Area, Primary First Floor

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Natural Gas
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

  • Somerset High School, Public District Grades 9-12
  • Meece Middle School, Public District Grades 5-8
  • Hopkins Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: College street to Padgett StreetHome is located on the corner of Lair and Padgett

Price Information

Listing Price Info

Price Summary:

  • List Price: $110,000

Tax Information:

  • Annual Amount: $497
  • 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

$245K

Avg. Days On Market

62

# of Sold Homes

33

111 Lair St vs Somerset

150 DAYS ON ROCKET

+88 Days

$110,000

-$135K Less

KEY TAKEAWAY

This property is $135K less than the Median Sold Price in Somerset, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #23022891

Listing Office:

  • Office Name: WEICHERT REALTORS - Ford Brothers
  • Office Phone: (606) 878-7112

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: 4/29/2024, 2:25:20 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$497$42,000
2019$501$30,000
2018$142$50,000
2017$142$50,000

History based on county public records data.

Payment Calculator

$617

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$396

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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.

Elementary School

school-card-donut-3156557
6
/10

  • Hopkins Elementary School

  • 210 May St

  • 0.37 miles

  • Public District Grades PK-4

Middle School

school-card-donut-3156558
5
/10

  • Meece Middle School

  • 210 Barnett St

  • 0.59 miles

  • Public District Grades 5-8

High School

school-card-donut-3156559
5
/10

  • Somerset High School

  • 301 College St

  • 0.36 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,706. Residents of Somerset, KY typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 111 Lair St

What is the listing price of this property?

The listing price of 111 Lair St property is $110,000.

What type of property is this?

The property 111 Lair St is a house located in Somerset, Kentucky, 42501.

Is this property for sale now?

Active Listing: 111 Lair St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 111 Lair St are:
Hopkins Elementary School: GreatSchools Rating 6/10
Meece Middle School: GreatSchools Rating 5/10
Somerset High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $497 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 111 Lair St has 2 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 111 Lair St is 1970.

Rocket Homes›Kentucky›Pulaski County›Somerset›42501›111 Lair St

This home is located at 111 Lair St in Somerset, KY and zip code 42501. This home, which was built in 1970, sits on a 0.17 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 01, 2023 and is currently priced at $110,000.

In March 2024 more than 4 listings in Somerset, KY were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 22 were sold below. Between February 2024 and March 2024, Somerset, KY real estate market has seen increase in the number of listings by 22.4%. The median list price of listings available in March 2024 was $245,000, while the average time on the real estate market was 62 days.

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

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