12 months on rocket

314-2 Park Ave, Somerset, KY, 42503

$199,000

Home List Price

$2,363*

Closing Credit

3 Bedrooms
2 Full Baths
2,400 SqFt
$83/SqFt
Multi

Location

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314-2 Park Ave, Somerset$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 - 5 Spaces
Year BuiltNew Const., 2024
HeatingOther, Heat Pump
CoolingOther, Heat Pump
MLS #23022508
Lot Size0.21 Acres
StatusActive

About 314-2 Park Ave

Welcome to this aprox 2400+- sq ft. stunning executive home located in a prime location with excellent curb appeal. This well-designed duplex-each unit will have it's own deed & surveyed property offering the perfect blend of modern luxury and comfortable living. The spacious interior features an open floor plan, creating a seamless flow between the living, and kitchen areas. Also, three bedrooms and two baths, providing ample space for both relaxation and entertainment. The vaulted ceilings add a touch of elegance and spaciousness to the living areas. Finished basement for extra bedrooms & storage. High-end finishes throughout, combining style and functionality creating a warm and inviting atmosphere. Call today and choose your colors!

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 2,400 SqFt

Listing Office:

  • Office Name: Premier Properties of Lake Cumberland, Inc.
  • Office Email: premierpropertieslc@gmail.com

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: 1 - 5 Spaces

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Other, Heat Pump
  • Cooling: Other, Heat Pump

Other

Directions Information:

  • Directions: Intersection of E 80 & Clifty st take the first right. Property on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $83/SqFt
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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

$249.8K

Med. Price/SqFt

$75

Avg. Days On Market

62

# of Sold Homes

35

314-2 Park Ave vs Somerset

364 DAYS ON ROCKET

+302 Days

$199,000

-$50.8K Less

$83/SqFt

+$8 More

KEY TAKEAWAY

This property is $50.8K less than the Median Sold Price and $8/SqFt more than other homes in Somerset, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #23022508

Listing Office:

  • Office Name: Premier Properties of Lake Cumberland, Inc.
  • Office Email: premierpropertieslc@gmail.com

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: 11/21/2024, 9:20:54 AM 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

$1,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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NMLS#3030

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-241298
8
/10

  • Hopkins Elementary School

  • 210 May St

  • 0.74 miles

  • Public District Grades PK-4

school-card-donut-241299
8
/10

  • Pulaski Elementary School

  • 107 W University Dr

  • 0.98 miles

  • Public District Grades KG-5

school-card-donut-241300
10
/10

  • Oak Hill Elementary School

  • 1755 Wtlo Rd

  • 3.34 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 $16,357. Typical income of Somerset, KY residents is less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living 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.

Rocket Homes›Kentucky›Pulaski County›Somerset›42503›314-2 Park Ave

This home is located at 314-2 Park Ave in Somerset, KY and zip code 42503. This 2,400 square foot home, which was built in 2024, sits on a 0.21 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 23, 2023 and is currently priced at $199,000.

While more than 3 listings in Somerset, KY in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 30 were sold below. The inventory of homes for sale in Somerset, KY between September 2024 and October 2024 increased by 9%. In October 2024, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $249,833.

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

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