11 months on rocket

111 Lair St, Somerset, KY, 42501

$108,000

Home List Price

$1,283*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
House

Location

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111 Lair St, Somerset$108,000

Buyer Closing Credits

$1,283*

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: $108,000

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

$249.8K

Med. Price/SqFt

$59

Avg. Days On Market

42

# of Sold Homes

24

111 Lair St vs Somerset

335 DAYS ON ROCKET

+293 Days

$108,000

-$141.8K Less

KEY TAKEAWAY

This property is $141.8K 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: 10/31/2024, 6:20:54 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

$607

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$390

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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.

Elementary School

school-card-donut-804807
8
/10

  • Hopkins Elementary School

  • 210 May St

  • 0.37 miles

  • Public District Grades PK-4

Middle School

school-card-donut-804808
6
/10

  • Meece Middle School

  • 210 Barnett St

  • 0.59 miles

  • Public District Grades 5-8

High School

school-card-donut-804809
6
/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. The most common annual income of people living in Somerset, KY is less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Somerset, KY

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Somerset, KY?

The housing landscape in Somerset, Pulaski, Kentucky, is characterized by a mix of single-family homes and multi-family residences, with single-family homes being the more prevalent. Architectural styles in the area range from traditional to contemporary, reflecting the region's historical roots and modern growth. The market composition includes a variety of living spaces, with a notable number of properties built in the latter half of the 20th century.

Is Somerset, KY a good place to live?

Somerset prides itself on its welcoming community atmosphere and the blend of small-town charm with growing urban amenities. The area is celebrated for its annual Master Musicians Festival, which showcases the rich cultural fabric and artistic talent within the community. Residents enjoy a lifestyle that balances outdoor recreation with cultural events, contributing to the area's unique character.

Are things conveniently located in Somerset, KY?

The community is served by a number of public schools, providing educational opportunities from elementary through high school levels. Healthcare services are available, with facilities offering primary care and specialized medical services. Somerset also features a public library system that supports the educational and informational needs of its residents. Retail and dining options in the area reflect the local culture, with a mix of national chains and locally-owned businesses.

What does the transportation in Somerset, KY look like?

Transportation in Somerset includes a network of roads that connect residents to nearby cities and attractions, with the Cumberland Parkway being a notable route for commuters. Public transportation options are available, providing residents with alternatives to private vehicle use. The community is also making strides in enhancing walkability in certain areas, promoting a pedestrian-friendly environment. While specific ride-sharing statistics are not mentioned, such services are typically available in urbanized areas.

Frequently Asked Questions About 111 Lair St

What is the listing price of this property?

The listing price of 111 Lair St property is $108,000.

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 8/10
Meece Middle School: GreatSchools Rating 6/10
Somerset High School: GreatSchools Rating 6/10

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 $108,000.

While more than 0 listings in Somerset, KY in September 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 21 were sold below. In September 2024 in Somerset, KY there were 0.9% less homes for sale than in August 2024. In September 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $249,833.

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

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