2 months on rocket

40 Ringgold Valley Dr, Somerset, KY, 42503

$147,000

Home List Price

$1,746*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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40 Ringgold Valley Dr, Somerset$147,000

Buyer Closing Credits

$1,746*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built2008
HeatingElectric, Heat Pump
CoolingHeat Pump, Electric
FireplaceGas Log
MLS #24021920
Lot Size0.40 Acres
StatusActive

About 40 Ringgold Valley Dr

Looking to stop paying rent?! This affordable and spacious home is your next move! 3 Bdrm, 2 bath, new flooring, and paint, large living area with fireplace. Get lost in all the space and cabinets in the kitchen, and dining area! Newer HVAC and roof, 2 nice decks all within minutes of hospitals, grocery, and Lake Cumberland!

Property Details

Property Features

Property Information:

  • Year Built: 2008
  • Stories: 1

Listing Office:

  • Office Name: CENTURY 21 Advantage Realty
  • Office Phone: (606) 451-1021

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range
  • Flooring Type: Laminate
  • Interior: Dining Area, Breakfast Bar, Bedroom First Floor, Ceiling Fan(s)
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck, Porch

Lot Features

Lot Information:

  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Cumberland Parkway, right onto N Hacker, immediate right at stop sign, follow to Ringgold Valley on the left, first home on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $147,000

Tax Information:

  • Annual Amount: $288
  • 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

40 Ringgold Valley Dr vs Somerset

65 DAYS ON ROCKET

+2 Days

$147,000

-$103K Less

KEY TAKEAWAY

This property is $103K less than the Median Sold Price in Somerset, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24021920

Listing Office:

  • Office Name: CENTURY 21 Advantage Realty
  • Office Phone: (606) 451-1021

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: 12/22/2024, 6:21:02 AM 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$288$35,000
2019$290$35,000
2018$294$35,000
2017$289$35,000

History based on county public records data.

Payment Calculator

$801

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$507

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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-892768
8
/10
  • Pulaski Elementary School

  • 107 W University Dr

  • 2.04 miles

  • Public District Grades KG-5

school-card-donut-892769
10
/10
  • Oak Hill Elementary School

  • 1755 Wtlo Rd

  • 2.99 miles

  • Public District Grades KG-5

school-card-donut-892770
8
/10
  • Hopkins Elementary School

  • 210 May St

  • 3.01 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,532. Most Somerset, KY residents have annual incomes less than $35k. Typical family type is 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.

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 40 Ringgold Valley Dr

What is the listing price of this property?

The listing price of 40 Ringgold Valley Dr property is $147,000.

What type of property is this?

The property 40 Ringgold Valley Dr is a house located in Somerset, Kentucky, 42503.

Is this property for sale now?

Active Listing: 40 Ringgold Valley 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 $288 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 40 Ringgold Valley Dr has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 40 Ringgold Valley Dr is 2008.

Rocket HomesKentuckyPulaski CountySomerset4250340 Ringgold Valley Dr

This home is located at 40 Ringgold Valley Dr in Somerset, KY and zip code 42503. This home, which was built in 2008, sits on a 0.40 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $147,000.

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. In November 2024 in Somerset, KY there were 2.8% more homes for sale than in October 2024. In November 2024 median list price was $250,000 and the average listing age was 63 days.

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

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