11 days on rocket

254 Observation Pointe Dr, Somerset, KY, 42503

$359,900

Home List Price

$4,274*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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254 Observation Pointe Dr, Somerset$359,900

Buyer Closing Credits

$4,274*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built2004
HeatingHeat Pump
CoolingHeat Pump
MLS #24025315
Lot Size0.40 Acres
StatusActive

About 254 Observation Pointe Dr

Have you been searching for the perfect holiday gift? Look no further than this pristine home. Ideally located in the sought-after Summit Pointe development, this charming 1 1/2 story home boasts high-end finishes from top to bottom. Featuring engineered hardwood, a fresh modern paint scheme, quartz countertops, crown molding, and so much more. Your main level offers a large living room with a fire place, dining space, and stunning newly remodeled kitchen! As well as your primary suite (that also features a fireplace), 2nd bedroom, 2nd full bath, laundry area, and massive sunroom overlooking your fenced in back yard. While your upstairs offers a 3rd bedroom and sitting area! Wow! The home also features an attached garage that includes a 'doggy wash station' for your furry family members! All sitting on just under 1/2 an acre and minutes from town and multiple boat ramps!

Property Details

Property Features

Property Information:

  • Year Built: 2004
  • Stories: 1

Listing Office:

  • Office Name: Lake Cumberland Real Estate Professionals
  • Office Phone: (606) 677-0059

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Range, Microwave
  • Flooring Type: Hardwood
  • Interior: Dining Area, Primary First Floor, Walk-In Closet(s), Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Virtual/3D Tour

  • 3D Tour: 254 Observation Pointe Dr
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Lot Features

Lot Information:

  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: From HWY 80 turn onto Patterson Branch then into Summit Pointe subdivision. Turn right at the stop sign and home will be on the right in 0.2 mile.

Price Information

Listing Price Info

Price Summary:

  • List Price: $359,900

Tax Information:

  • Annual Amount: $1,311
  • 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

254 Observation Pointe Dr vs Somerset

11 DAYS ON ROCKET

-52 Days

$359,900

+$109.9K More

KEY TAKEAWAY

This property is $109.9K more than the Median Sold Price in Somerset, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24025315

Listing Office:

  • Office Name: Lake Cumberland Real Estate Professionals
  • Office Phone: (606) 677-0059

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, 1:21:01 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$1,311$200,000
2019$957$155,000
2018$790$131,500
2017$775$131,500

History based on county public records data.

Payment Calculator

$1,864

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,146

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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-4553110
10
/10
  • Oak Hill Elementary School

  • 1755 Wtlo Rd

  • 0.87 miles

  • Public District Grades KG-5

school-card-donut-4553111
8
/10
  • Southern Elementary School

  • 198 Enterprise Dr

  • 2.99 miles

  • Public District Grades KG-5

school-card-donut-4553112
8
/10
  • Pulaski Elementary School

  • 107 W University Dr

  • 4.76 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,000. The most common annual income of people living in Somerset, KY is less than $35k. Most families are single, no kids. The most common level of education of people living 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 254 Observation Pointe Dr

What is the listing price of this property?

The listing price of 254 Observation Pointe Dr property is $359,900.

What type of property is this?

The property 254 Observation Pointe Dr is a house located in Somerset, Kentucky, 42503.

Is this property for sale now?

Active Listing: 254 Observation Pointe 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 $1,311 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 254 Observation Pointe Dr has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 254 Observation Pointe Dr is 2004.

Rocket Homes›Kentucky›Pulaski County›Somerset›42503›254 Observation Pointe Dr

This home is located at 254 Observation Pointe Dr in Somerset, KY and zip code 42503. This home, which was built in 2004, sits on a 0.40 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $359,900.

In November 2024, from all listings sold in Somerset, KY there were more than 2 sold above asking price, over 23 sold below and more than 2 were sold right at the asked price. In November 2024 in Somerset, KY there were 2.8% more homes for sale than in October 2024. 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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