8 months on rocket

642 Water Cliff Dr, Somerset, KY, 42503

$124,000

0.44 Acres
Land

Location

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Property Highlights

Home TypeVacant Lot
MLS #24003603
Lot Size0.44 Acres
StatusActive

About 642 Water Cliff Dr

Looking for an almost half-acre vacant lot with a lovely view of Lake Cumberland to build your new home? This lot has a completed driveway with septic and electric already in place. Not to mention, you are just minutes from a public boat ramp, shopping, dining, and local businesses.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Bluegrass Realty
  • Office Phone: (859) 260-1444

Lot Features

Lot Information:

  • Lot Size: 0.44 Acres

Other

Directions Information:

  • Directions: Starting on S Hwy 27, turn to the right at the light. Take 24 to Slate Branch Rd. and make a right turn onto the Woodlands of Lake Forest. Drive around to Lakeside and you will find the lot on the right side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $124,000

Tax Information:

  • Annual Amount: $534
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Somerset, KY.

Med. Sold Price

$249.8K

Med. Price/SqFt

$59

Avg. Days On Market

42

# of Sold Homes

24

642 Water Cliff Dr vs Somerset

246 DAYS ON ROCKET

+204 Days

$124,000

-$125.8K Less

KEY TAKEAWAY

This property is $125.8K less than the Median Sold Price in Somerset, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24003603

Listing Office:

  • Office Name: Keller Williams Bluegrass Realty
  • Office Phone: (859) 260-1444

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$534$65,000
2019$414$50,000
2018$420$50,000
2017$413$50,000

History based on county public records data.

Payment Calculator

$686

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$438

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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-805869
10
/10
  • Oak Hill Elementary School

  • 1755 Wtlo Rd

  • 3.97 miles

  • Public District Grades KG-5

school-card-donut-805870
6
/10
  • Nancy Elementary School

  • 240 Highway 196

  • 4.67 miles

  • Public District Grades PK-5

school-card-donut-805871
8
/10
  • Southern Elementary School

  • 198 Enterprise Dr

  • 4.75 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,811. The most common annual income of people living in Somerset, KY is between $35k-100k. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

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.

Types of housing 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.

What is it like to live in Somerset, KY?

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.

Is it easy to get around Somerset, KY without a car?

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.

Transportation in Somerset, KY.

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 642 Water Cliff Dr

What is the listing price of this property?

The listing price of 642 Water Cliff Dr property is $124,000.

What type of property is this?

The property 642 Water Cliff Dr is land located in Somerset, Kentucky, 42503.

Is this property for sale now?

Active Listing: 642 Water Cliff 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 $534 (source: MLS/based on county public records data).

How much acreage is this property?

The property 642 Water Cliff Dr is 0.44 acres.
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Rocket HomesKentuckyPulaski CountySomerset42503642 Water Cliff Dr

This home is located at 642 Water Cliff Dr in Somerset, KY and zip code 42503. This home sits on a 0.44 acre lot. It has been listed on Rocket Homes since February 27, 2024 and is currently priced at $124,000.

Somerset, KY housing market in September 2024 saw over 0 listings sold above listed price, more than 3 sold at listed price and over 21 sold below. The number of homes for sale in Somerset, KY decreased by 0.9% between August 2024 and September 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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