Looking for a building lot in a restricted development? Check out this wooded, hilly lot in the Waterdreams Development. This development is located at the end of Spanns Ln. Restrictions and plat available. Buyer to verify utilities.
Property Details
Property Features
Listing Office:
Office Name: RE/MAX LakeTime Realty
Office Phone: (606) 679-7653
Lot Features
Lot Information:
Lot Size: 0.41 Acres
Other
Directions Information:
Directions: From Somerset, take KY 1247 to Bend of the Lakes Rd. From Bend of the Lakes Rd, turn left onto Samara Dr, left on Smith Dr, right on Simcoe Dr, left on Stevens Dr. Follow Stevens Dr to Spanns Ln. Development at end of Spanns Lane. Lot on right at top of hill.
Price Information
Listing Price Info
Price Summary:
List Price: $5,500
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Somerset, KY.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$95
Per Month
Principal & Interest
$28
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$83
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Burnside Elementary School
435 E Lakeshore Dr
Distance between this listing and this school2.34 miles
Public District Grades PK-5
8
/10
Southern Elementary School
198 Enterprise Dr
Distance between this listing and this school3.50 miles
Public District Grades KG-5
8
/10
Hopkins Elementary School
210 May St
Distance between this listing and this school6.00 miles
Public District Grades PK-4
Nearby Schools
9
/10
Southern Middle School
200 Enterprise Dr
Distance between this listing and this school3.38 miles
Public District Grades 6-8
6
/10
Meece Middle School
210 Barnett St
Distance between this listing and this school6.10 miles
Public District Grades 5-8
7
/10
Northern Middle School
650 Oak Leaf Ln
Distance between this listing and this school7.32 miles
Public District Grades 6-8
Nearby Schools
2
/10
Pulaski Day Treatment~Eagle Academy
300 Chandler St
Distance between this listing and this school5.18 miles
Public District Grades 6-12
6
/10
Somerset High School
301 College St
Distance between this listing and this school5.96 miles
Public District Grades 9-12
6
/10
Southwestern High School
1765 Wtlo Rd
Distance between this listing and this school5.97 miles
The neighbors living near this home have an average income of $27,593. Most Somerset, KY residents have annual incomes less than $35k. Typical family type is single, 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.
Types of housing 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.
What is it like to live in Somerset, KY?
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.
Is it easy to get around Somerset, KY without a car?
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.
Transportation in Somerset, KY.
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 4 Spanns Ln
What is the listing price of this property?
The listing price of 4 Spanns Ln property is $5,500.
What type of property is this?
The property 4 Spanns Ln is land located in Somerset, Kentucky, 42501.
Is this property for sale now?
Active Listing: 4 Spanns Ln is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 4 Spanns Ln in Somerset, KY and zip code 42501. This home sits on a 0.41 acre lot. It has been listed on Rocket Homes since July 11, 2024 and is currently priced at $5,500.
Somerset, KY housing market in October 2024 saw over 3 listings sold above listed price, more than 2 sold at listed price and over 30 sold below. The number of homes for sale in Somerset, KY increased by 9% between September 2024 and October 2024. In October 2024 median list price was $249,833 and the average listing age was 62 days.
From Rocket Homes Real Estate and based on county public records data.