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3101 Simpson Dr, Somerset, KY, 42503

$499,900

Home List Price

$5,936*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
House
Schools Nearby

Location

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3101 Simpson Dr, Somerset$499,900

Buyer Closing Credits

$5,936*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1985
HeatingHeat Pump
CoolingHeat Pump
BasementYes
FireplaceFamily Room, Great Room, Living Room, Masonry, Wood Burning
MLS #24005431
Lot Size1.70 Acres
StatusActive

About 3101 Simpson Dr

Amazing year-round lake views of beautiful Lake Cumberland from this three level A Frame lake home, features 5 bedrooms with 3 and 1/2 baths, three masonry wood burning fireplaces, three levels of decks for outdoor entertainment. This home sits on 2 1/2 lots totaling almost 2 acres. A partial unfinished basement with a 2-car garage plus a detached 2 car garage for your boat and lake toys. Just minutes to marinas and boat ramps!!!

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Stories: 3

Listing Office:

  • Office Name: Keller Williams Bluegrass Realty - Lake Cumberland
  • Office Phone: (606) 677-0059

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Oven, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Laminate, Vinyl, Wood
  • Interior: Ceiling Fan(s), Dining Area
  • Fireplace: Family Room, Great Room, Living Room, Masonry, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 1.70 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Oak Hill Road to Golden Heights Subdivision, left onto Simpson Drive, home is on the left overlooking the lake.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,900

Tax Information:

  • Annual Amount: $1,480
  • 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

3101 Simpson Dr vs Somerset

34 DAYS ON ROCKET

-28 Days

$499,900

+$254.9K More

KEY TAKEAWAY

This property is $254.9K more than the Median Sold Price in Somerset, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24005431

Listing Office:

  • Office Name: Keller Williams Bluegrass Realty - Lake Cumberland
  • Office Phone: (606) 677-0059

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: 4/27/2024, 2:25:19 AM 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$1,480$180,000
2019$1,324$160,000
2018$1,077$128,000
2017$1,056$128,000

History based on county public records data.

Payment Calculator

$2,562

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,565

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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-985692
7
/10

  • Oak Hill Elementary School

  • 1755 Wtlo Rd

  • 1.05 miles

  • Public District Grades KG-5

school-card-donut-985693
10
/10

  • Southern Elementary School

  • 198 Enterprise Dr

  • 2.00 miles

  • Public District Grades KG-5

school-card-donut-985694
6
/10

  • Hopkins Elementary School

  • 210 May St

  • 4.58 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 $39,000. The majority of Somerset, KY residents have income less than $35k annually. The majority of families are 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 3101 Simpson Dr

What is the listing price of this property?

The listing price of 3101 Simpson Dr property is $499,900.

What type of property is this?

The property 3101 Simpson Dr is a house located in Somerset, Kentucky, 42503.

Is this property for sale now?

Active Listing: 3101 Simpson Dr 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 $1,480 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3101 Simpson Dr has 5 bedrooms and 3 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 3101 Simpson Dr is 1985.

Rocket Homes›Kentucky›Pulaski County›Somerset›42503›3101 Simpson Dr

This home is located at 3101 Simpson Dr in Somerset, KY and zip code 42503. This home, which was built in 1985, sits on a 1.70 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 23, 2024 and is currently priced at $499,900.

In March 2024, from all listings sold in Somerset, KY there were more than 4 sold above asking price, over 22 sold below and more than 7 were sold right at the asked price. The number of listings in Somerset, KY increased by 22.4% between February 2024 and March 2024. Listings spent 62 days on the market in March 2024, and had a median list price of $245,000 during the same period.

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

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