14 days on rocket

307 Colonial Ave, Somerset, KY, 42501

$274,900

Home List Price

$3,264*

Closing Credit

4 Bedrooms
3 Full Baths
House

Location

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307 Colonial Ave, Somerset$274,900

Buyer Closing Credits

$3,264*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1978
HeatingElectric, Heat Pump
CoolingHeat Pump, Electric
BasementYes
FireplaceLiving Room, Wood Burning
MLS #24024845
Lot Size0.75 Acres
StatusActive

About 307 Colonial Ave

This well-maintained home in the Southern Hills subdivision sits on two spacious lots and offers 2,133 sq ft of living space with 4 bedrooms and 3 full baths. Inside, you'll find a formal living room, a cozy downstairs living area with a wood-burning fireplace, and a modern kitchen featuring ample cabinetry and newer stainless steel appliances. The large primary bedroom includes an en suite bath for added privacy, while the unfinished basement provides excellent storage potential. The property also boasts a two-car garage, a fenced backyard, an outdoor patio perfect for relaxing or entertaining, and a storage building for tools or equipment. Recent upgrades include a new roof and water heater. Conveniently located near shopping, dining, and schools, with Lake Cumberland just a few miles drive, this home offers comfort, functionality, and a fantastic location. Don't miss the opportunity to see it for yourself!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1978
  • Stories: 1

Listing Office:

  • Office Name: Weichert Realtors Ford Brothers, Inc.
  • Office Phone: (606) 679-2656

Interior Features

Interior Information:

  • Appliances: Dryer, Washer, Refrigerator, Range, Microwave, Dishwasher
  • Basement: Yes
  • Flooring Type: Carpet, Tile, Laminate
  • Interior: Dining Area, Ceiling Fan(s)
  • Fireplace: Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Patio, Porch

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 0.75 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump, Electric

Other

Directions Information:

  • Directions: Traveling south on Hwy 27, turn left onto Parkers Mill Rd. Then left onto Southern Blvd. Then right onto Colonial Ave. Home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $274,900
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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

307 Colonial Ave vs Somerset

14 DAYS ON ROCKET

-49 Days

$274,900

+$24.9K More

KEY TAKEAWAY

This property is $24.9K more than the Median Sold Price in Somerset, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24024845

Listing Office:

  • Office Name: Weichert Realtors Ford Brothers, Inc.
  • Office Phone: (606) 679-2656

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: 12/11/2024, 3:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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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-1706736
8
/10

  • Southern Elementary School

  • 198 Enterprise Dr

  • 0.59 miles

  • Public District Grades KG-5

school-card-donut-1706737
10
/10

  • Oak Hill Elementary School

  • 1755 Wtlo Rd

  • 2.79 miles

  • Public District Grades KG-5

school-card-donut-1706738
7
/10

  • Burnside Elementary School

  • 435 E Lakeshore Dr

  • 3.45 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,600. Typical income of Somerset, KY residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area 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 307 Colonial Ave

What is the listing price of this property?

The listing price of 307 Colonial Ave property is $274,900.

What type of property is this?

The property 307 Colonial Ave is a house located in Somerset, Kentucky, 42501.

Is this property for sale now?

Active Listing: 307 Colonial Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 307 Colonial Ave has 4 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 307 Colonial Ave is 1978.

Rocket Homes›Kentucky›Pulaski County›Somerset›42501›307 Colonial Ave

This home is located at 307 Colonial Ave in Somerset, KY and zip code 42501. This home, which was built in 1978, sits on a 0.75 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $274,900.

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 number of homes for sale in Somerset, KY increased by 2.8% between October 2024 and November 2024. 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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