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870 Lakeview Dr, Somerset, KY, 42503

$199,000

Home List Price

$2,363*

Closing Credit

3 Bedrooms
2 Full Baths
House
Schools Nearby

Location

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870 Lakeview Dr, Somerset$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built9999
HeatingHeat Pump
CoolingNone
MLS #24005503
Lot Size1.95 Acres
StatusActive

About 870 Lakeview Dr

Investment opportunity! Unique property that sits on just under 2 acres near Lake Cumberland with a large mobile home and 5 apartments/duplexes. All units are in need of full remodel. Septic was inspected and new lines were installed as well as updated to underground electric. Burnside Marina is just minutes away as well as other boat ramps. Behind Guthries Restaurant!

Property Details

Property Features

Property Information:

  • Year Built: 9999
  • Stories: 1

Listing Office:

  • Office Name: Weichert Realtors Ford Brothers, Inc.
  • Office Phone: (606) 679-2656

Interior Features

Interior Information:

  • Appliances: Other
  • Flooring Type: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 1.95 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: None

Other

Directions Information:

  • Directions: Take South Hwy 27 to Guthries. Turn right on Lakeview Dr (beside Guthries) and go .8 mile and property is on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000

Tax Information:

  • Annual Amount: $1,315
  • 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

870 Lakeview Dr vs Somerset

32 DAYS ON ROCKET

-30 Days

$199,000

-$46K Less

KEY TAKEAWAY

This property is $46K less than the Median Sold Price in Somerset, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24005503

Listing Office:

  • Office Name: Weichert Realtors Ford Brothers, Inc.
  • Office Phone: (606) 679-2656

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$1,315$160,000
2019$1,324$160,000
2018$1,030$160,000
2017$1,010$160,000

History based on county public records data.

Payment Calculator

$1,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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NMLS#3030

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-994652
6
/10

  • Burnside Elementary School

  • 435 E Lakeshore Dr

  • 1.65 miles

  • Public District Grades PK-5

school-card-donut-994653
10
/10

  • Southern Elementary School

  • 198 Enterprise Dr

  • 2.59 miles

  • Public District Grades KG-5

school-card-donut-994654
7
/10

  • Oak Hill Elementary School

  • 1755 Wtlo Rd

  • 4.83 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,077. Typical income of Somerset, KY residents is between $35k-100k annually. Typical family type is married, no kids. 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 870 Lakeview Dr

What is the listing price of this property?

The listing price of 870 Lakeview Dr property is $199,000.

What type of property is this?

The property 870 Lakeview Dr is a house located in Somerset, Kentucky, 42503.

Is this property for sale now?

Active Listing: 870 Lakeview 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 $1,315 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 870 Lakeview Dr has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 870 Lakeview Dr is 9999.

Rocket Homes›Kentucky›Pulaski County›Somerset›42503›870 Lakeview Dr

This home is located at 870 Lakeview Dr in Somerset, KY and zip code 42503. This home, which was built in 9999, sits on a 1.95 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 25, 2024 and is currently priced at $199,000.

Somerset, KY housing market in March 2024 saw over 4 listings sold above listed price, more than 7 sold at listed price and over 22 sold below. The number of homes for sale in Somerset, KY increased by 22.4% between February 2024 and March 2024. In March 2024, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $245,000.

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

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