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Backup Offers

103 Lake Walk Dr, Somerset, KY, 42503

$419,900

Home List Price

$4,986*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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103 Lake Walk Dr, Somerset$419,900

Buyer Closing Credits

$4,986*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built2016
HeatingElectric
CoolingHeat Pump
MLS #24016039
Lot Size1.00 Acres
StatusAccepting Backup Offers
(Contingent)

About 103 Lake Walk Dr

PRICE IMPROVEMENT!!!! $419.900 Welcome to Lake Walk! This is the house where you can literally walk to the lake! As you walk through the front door to the warm inviting atmosphere of the living room. The vaulted ceiling gives such airy feeling. The kitchen has a lot of countertop space and a nice walk-in pantry. Stainless steel appliance all convey. The refrigerator is less than 1 year old. The formal dining room will welcome all your holiday/entertaining parties. The master bedroom is oversized and has plenty of room. A very spacious ensuite has a double vanity and has a marble shower that is custom built with a bench. All the bedrooms are very spacious. The property is ideal for boaters because there is a right of way from the back yard to the main highway to pull your boat up in the back yard. It will be the buyers responsibility to do the work.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2016
  • Stories: 1

Listing Office:

  • Office Name: Re/Max Cumberland Group & Auctions LLC
  • Office Phone: (606) 676-0460

Interior Features

Interior Information:

  • Flooring Type: Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Patio, Storm Door(s)

Lot Features

Lot Information:

  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Go south on Highway 27 to Oak Hill Rd. follow Oak Hill Rd to the light at 914. Turn left on 914 and follow it to Slate branch Rd. Turn right on Slate branch road and follow it to Lake Walk Dr. The house is on your right

Price Information

Listing Price Info

Price Summary:

  • List Price: $419,900

Tax Information:

  • Annual Amount: $1,476
  • 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

$75

Avg. Days On Market

62

# of Sold Homes

35

103 Lake Walk Dr vs Somerset

100 DAYS ON ROCKET

+38 Days

$419,900

+$170K More

KEY TAKEAWAY

This property is $170K more than the Median Sold Price in Somerset, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24016039

Listing Office:

  • Office Name: Re/Max Cumberland Group & Auctions LLC
  • Office Phone: (606) 676-0460

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: 11/10/2024, 3:20:53 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$1,476$220,000
2019$1,495$220,000
2018$1,534$220,000
2017$1,505$220,000

History based on county public records data.

Payment Calculator

$2,163

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,325

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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-820830
10
/10
  • Oak Hill Elementary School

  • 1755 Wtlo Rd

  • 4.07 miles

  • Public District Grades KG-5

school-card-donut-820831
8
/10
  • Southern Elementary School

  • 198 Enterprise Dr

  • 4.73 miles

  • Public District Grades KG-5

school-card-donut-820832
6
/10
  • Nancy Elementary School

  • 240 Highway 196

  • 4.97 miles

  • Public District Grades PK-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. The most common type of family is married, no kids. Most residents in this area 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.

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 103 Lake Walk Dr

What is the listing price of this property?

The listing price of 103 Lake Walk Dr property is $419,900.

What type of property is this?

The property 103 Lake Walk Dr is a house located in Somerset, Kentucky, 42503.

Is this property for sale now?

Accepting Backup Offers: 103 Lake Walk Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,476 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 103 Lake Walk Dr has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 103 Lake Walk Dr is 2016.

Rocket Homes›Kentucky›Pulaski County›Somerset›42503›103 Lake Walk Dr

This home is located at 103 Lake Walk Dr in Somerset, KY and zip code 42503. This home, which was built in 2016, sits on a 1.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $419,900.

Somerset, KY housing market in October 2024 saw over 3 listings sold above listed price, more than 2 sold at listed price and over 30 sold below. The number of listings in Somerset, KY increased by 9% between September 2024 and October 2024. While the average time on the market in October 2024 was 62 days, the median list price was $249,833.

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

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