5 months on rocket

285 Hill Rd, Somerset, KY, 42501

$199,000

Home List Price

$2,363*

Closing Credit

2 Bedrooms
2 Full Baths
House

Location

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285 Hill Rd, Somerset$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built9999
HeatingForced Air
CoolingHeat Pump
MLS #24014750
Lot Size0.80 Acres
StatusActive

About 285 Hill Rd

Looking for a nice investment property? Here's a cottage style REFURBISHED home, completely furnished (oversized lot) currently being utilized as a short-term rental. The updated home has 2 BR, 2 baths, a back deck, a covered front porch, a metal roof, a storage building & a spacious yard with a portion of it being fenced. The driveway has plenty of parking room & there is a concrete pad to add a garage or a basketball goal. There is also a bridge on the property that could serve as a photo backdrop. There is a nice, designated area in the front of the home to grow beautiful flowers & there is a fire pit (in the back) for roasting marshmallows in the evenings. The home is conveniently located near Lake Cumberland as well as multiple restaurants & retail shops. This nicely UPDATED property could be a vacation property, a primary residence or a source for long term or short term rental income. The convenient location, exterior space & trendy interior updates make it most desirable. Call today to see this property.

Property Details

Property Features

Property Information:

  • Year Built: 9999
  • Stories: 1

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Range, Microwave
  • Flooring Type: Carpet, Laminate
  • Interior: Dining Area, Primary First Floor, Bedroom First Floor

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Deck, Porch

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.80 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Traveling South on East Hwy 914 turn left onto 1247, turn left onto Bend of the Lakes Rd, left onto Hill Rd. House is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000

Tax Information:

  • Annual Amount: $637
  • 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

$250K

Med. Price/SqFt

$69

Avg. Days On Market

63

# of Sold Homes

27

285 Hill Rd vs Somerset

155 DAYS ON ROCKET

+92 Days

$199,000

-$51K Less

KEY TAKEAWAY

This property is $51K less than the Median Sold Price in Somerset, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24014750

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, 5:21:01 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$637$77,500
2019$314$38,000
2018$323$38,500
2017$318$38,500

History based on county public records data.

Payment Calculator

$1,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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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-61386
7
/10

  • Burnside Elementary School

  • 435 E Lakeshore Dr

  • 1.84 miles

  • Public District Grades PK-5

school-card-donut-61387
8
/10

  • Southern Elementary School

  • 198 Enterprise Dr

  • 2.05 miles

  • Public District Grades KG-5

school-card-donut-61388
10
/10

  • Oak Hill Elementary School

  • 1755 Wtlo Rd

  • 4.74 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,593. The majority of Somerset, KY residents have income less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

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 285 Hill Rd

What is the listing price of this property?

The listing price of 285 Hill Rd property is $199,000.

What type of property is this?

The property 285 Hill Rd is a house located in Somerset, Kentucky, 42501.

Is this property for sale now?

Active Listing: 285 Hill 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 $637 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 285 Hill Rd has 2 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 285 Hill Rd is 9999.

Rocket Homes›Kentucky›Pulaski County›Somerset›42501›285 Hill Rd

This home is located at 285 Hill Rd in Somerset, KY and zip code 42501. This home, which was built in 9999, sits on a 0.80 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 16, 2024 and is currently priced at $199,000.

While more than 2 listings in Somerset, KY in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 23 were sold below. The inventory of homes for sale in Somerset, KY between October 2024 and November 2024 increased by 2.8%. While the average time on the market in November 2024 was 63 days, the median list price was $250,000.

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

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