5 months on rocket

116 Shannon Ln, Somerset, KY, 42503

$299,400

Home List Price

$3,555*

Closing Credit

2 Bedrooms
2 Full Baths
House
Schools Nearby

Location

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116 Shannon Ln, Somerset$299,400

Buyer Closing Credits

$3,555*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1985
HeatingHeat Pump
CoolingAttic Fan, Heat Pump
FireplaceGreat Room
MLS #23022520
Lot Size0.71 Acres
StatusActive

About 116 Shannon Ln

This home could easily be made into a 3 Bedroom home! It is ready to move in totally updated & well taken care of & sits on 2 spacious lots in the desirable East Hills Subdivision. Location! Location! Just off of Hwy. 80 and close to 461.This home has been freshly painted, all new Luxury Waterproof Vinyl flooring, new ceiling fans, crown moulding! This is a must see home! New roof added 2023!The Extra Large Master boasts of a large walk through closet and full en-suite bathroom!The kitchen has new dishwasher & new kitchen countertops.A spacious attached 2 car garage has a convenient entry to the home the newly built large laundry room and pantry! The laundry room has a new washer and dryer that conveys with the home!There is a brand new 24' x 24' with 8' x 18' door 10' walls detached garage.It has electric and is wired for a welder. It also has a floor drain. It is well lit with LED lights.High Speed Spectrum Internet is available for your convenience.The owners have Somerset Pest inspect and spray yearly as preventative measure.The Central Heat and Air is a 2011 model and was inspected in the Spring and Winter and Jeffries Heat said it was working wel

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1985
  • Stories: 1

Listing Office:

  • Office Name: RE/MAX LakeTime Realty
  • Office Phone: (606) 679-7653

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Laminate, Other, Tile
  • Interior: Bedroom First Floor, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Primary First Floor, Walk-In Closet(s)
  • Fireplace: Great Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Deck, Porch

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 0.71 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Attic Fan, Heat Pump

Other

Directions Information:

  • Directions: Take the Hal Rogers Parkway on Hwy 80.Turn Left onto Garner SchoolHouseRoad.Travel 225 ft. Turn Right onto to Garner School Road.Turn Left in to East Hills Subdivision.Travel 0.2 miles Turn Left onto Whitis Lane.Travel 9.2 miles and Turn Left onto Shannon Lane.Travel 0.1 Mile to 116 Shannon Lane. The house is on the right. Realtor sign is in the yard.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,400

Tax Information:

  • Annual Amount: $488
  • 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

116 Shannon Ln vs Somerset

157 DAYS ON ROCKET

+95 Days

$299,400

+$54.4K More

KEY TAKEAWAY

This property is $54.4K more than the Median Sold Price in Somerset, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #23022520

Listing Office:

  • Office Name: RE/MAX LakeTime Realty
  • Office Phone: (606) 679-7653

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, 5:25:20 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$488$99,900
2019$501$99,900
2018$524$99,900
2017$514$99,900

History based on county public records data.

Payment Calculator

$1,562

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$964

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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-3242008
6
/10

  • Hopkins Elementary School

  • 210 May St

  • 2.41 miles

  • Public District Grades PK-4

school-card-donut-3242009
7
/10

  • Pulaski Elementary School

  • 107 W University Dr

  • 3.13 miles

  • Public District Grades KG-5

school-card-donut-3242010
7
/10

  • Shopville Elementary School

  • 10 Shopville Rd

  • 5.14 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 $56,540. Most Somerset, KY residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 116 Shannon Ln

What is the listing price of this property?

The listing price of 116 Shannon Ln property is $299,400.

What type of property is this?

The property 116 Shannon Ln is a house located in Somerset, Kentucky, 42503.

Is this property for sale now?

Active Listing: 116 Shannon Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $488 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 116 Shannon Ln has 2 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 116 Shannon Ln is 1985.

Rocket Homes›Kentucky›Pulaski County›Somerset›42503›116 Shannon Ln

This home is located at 116 Shannon Ln in Somerset, KY and zip code 42503. This home, which was built in 1985, sits on a 0.71 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 24, 2023 and is currently priced at $299,400.

Over 4 listings were sold over their listed price in March 2024 in Somerset, KY. In the same period over 22 listings were sold below the listed price and 7 listings were sold for the listed price. In March 2024 in Somerset, KY there were 22.4% more homes for sale than in February 2024. While the average time on the market in March 2024 was 62 days, the median list price was $245,000.

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

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