new - 2 days on rocket

1297 Cannonball Rd, Somerset, KY, 42501

$619,000

Home List Price

$7,351*

Closing Credit

4 Bedrooms
2 Full Baths
House

Location

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1297 Cannonball Rd, Somerset$619,000

Buyer Closing Credits

$7,351*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built2003
HeatingHeat Pump
CoolingHeat Pump
BasementYes
MLS #24025775
Lot Size57.00 Acres
StatusActive

About 1297 Cannonball Rd

Attention all wildlife enthusiasts - here is a property you've dreamed of owning! There are 57 acres of woods with an array of roaming wildlife! Along with the acreage, there is a spacious, (over 3000 sq ft) secluded Custom Built (one owner) home. If that's not enough, the property also has a carport, a detached garage & a garden spot. The 4BR, 2BA home has an open floor plan, some beautiful hardwood flooring, maple cabinets, a cathedral ceiling with exposed wood beams, a wrap around porch & a partially finished walk-out basement. Also, the master bathroom has a washer & dryer. As you approach the home, after traveling down the private lane, you start to feel just how special the property is! The porch provides viewing from three sides where you are inclined to catch a glimpse of deer, squirrels, rabbits etc. The private setting gives you a feeling of being nestled in a cabin in the Gatlinburg/Pigeon Forge (TN) area. The location provides serenity while still being within 7 miles of downtown Somerset. Therefore, the amenities of Somerset are within a short driving distance. This property is a rarity & won't last long on the market.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2003
  • Stories: 1

Listing Office:

  • Office Name: Eagle Realty & Development LLC
  • Office Phone: (606) 679-4316

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood
  • Interior: Dining Area, Primary First Floor, Bedroom First Floor, Ceiling Fan(s), Eat-in Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 57.00 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: From 914 turn east on 192, turn left onto Grundy Rd (692), go 3.3 miles then turn right onto Cannonball Road. Travel 1.2 miles house will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $619,000

Tax Information:

  • Annual Amount: $900
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$250K

Med. Price/SqFt

$69

Avg. Days On Market

63

# of Sold Homes

27

1297 Cannonball Rd vs Somerset

2 DAYS ON ROCKET

-61 Days

$619,000

+$369K More

KEY TAKEAWAY

This property is $369K more than the Median Sold Price in Somerset, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24025775

Listing Office:

  • Office Name: Eagle Realty & Development LLC
  • Office Phone: (606) 679-4316

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: 12/18/2024, 4:21:03 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$900$280,000
2019$628$190,000
2018$651$115,000
2017 - $190,000

History based on county public records data.

Payment Calculator

$3,157

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,922

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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-45748
10
/10
  • Shopville Elementary School

  • 10 Shopville Rd

  • 2.91 miles

  • Public District Grades PK-5

school-card-donut-45749
9
/10
  • Northern Elementary School

  • 6155 Highway 39

  • 4.82 miles

  • Public District Grades PK-5

school-card-donut-45750
8
/10
  • Hopkins Elementary School

  • 210 May St

  • 5.38 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,404. The majority of Somerset, KY residents have income between $35k-100k annually. Typical family type is married, no kids. Residents of this area typically have high school diploma 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 1297 Cannonball Rd

What is the listing price of this property?

The listing price of 1297 Cannonball Rd property is $619,000.

What type of property is this?

The property 1297 Cannonball Rd is a house located in Somerset, Kentucky, 42501.

Is this property for sale now?

Active Listing: 1297 Cannonball Rd 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 $900 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1297 Cannonball Rd has 4 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 1297 Cannonball Rd is 2003.

Rocket Homes›Kentucky›Pulaski County›Somerset›42501›1297 Cannonball Rd

This home is located at 1297 Cannonball Rd in Somerset, KY and zip code 42501. This home, which was built in 2003, sits on a 57.00 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $619,000.

Over 2 listings were sold over their listed price in November 2024 in Somerset, KY. In the same period over 23 listings were sold below the listed price and 2 listings were sold for the listed price. The inventory of homes for sale in Somerset, KY between October 2024 and November 2024 increased by 2.8%. In November 2024, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $250,000.

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

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