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$199,000 ↓$11,000on 10/28/2024

285 Hill Road Somerset, KY  42501

  • 2 Beds
  • 2 Baths

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Property Description for 285 Hill Road Somerset, KY 42501

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.

Address:285 Hill Road Somerset KY 42501
Status:Active
on site: 124 days
Price:$199,000
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Year Built:9999
Lot Size:0.80
County: Pulaski
School System : Pulaski County - 45
MLS #:24014750
Property Type:Single Family Residence

Lot Dimensions:34848
Water Source:Public
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.
Abv. Grnd. Sq. Ft. :960

Loan Price
$1,121
Price And Interest $1,038/month
Property Tax $0/month
MTG INS $0/month
HOME INS $83/month
Price
$199,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$996 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/28/24 $210,000 $199,000 -5.2%
10/28/24 $210,000 $199,000 -5.2%
08/22/24 $220,000 $210,000 -4.5%
08/22/24 $220,000 $210,000 -4.5%

RoomSizeLevel
Primary Bedroom Info Not Available
Bedroom Info Not Available
Full Bath Info Not Available
Full Bath Info Not Available
Living Room Info Not Available
Kitchen Info Not Available
Utility Room Info Not Available

Mandatory HOA Fee:$

Area: 045 - Pulaski County
City:Somerset
Subdivision: Rural
Zip Code:42501

School System:Pulaski County - 45
High School:Southwestern
Middle School:Southern
Elementary School:Southern

Interior Features:Primary First Floor, Dining Area, Bedroom First Floor
Equipment:Dehumidifier
Exterior Type:Wood Siding
Heat:Forced Air
Total Rooms:3
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Jill Johnson and Tammy Anger with Eagle Realty & Development LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Somerset, KY Market Report

130
Avg. DOM
$147.92
Avg. $ / Sq.Ft.
$ 334,900
Med. List Price

The house prices in Somerset are not dropping at the moment. There has been a increase in price of $60,107.61. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Somerset are going Up. The average house price is $339,900.00 and the average price per square feet is $147.92 per square feet. At the moment, the amount of homes listed is exactly 1088 houses, with 189 with active status, 40 with pending status and 859 sold in Somerset .

The most popular place to buy a home in Somerset is 045 - Pulaski County. 045 - Pulaski County is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Somerset .

The average amount of property taxes you would have to pay for a home in Somerset is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Somerset are staying listed for an average of 99 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Somerset was 3265 minutes ago.

At the moment we have 11 open houses that you can visit.

The cost of the most expensive home in Somerset is $1,600,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Somerset is $34,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Somerset in year 1932 and the newest built house is in year 9999.

The average size of properties in Somerset is 55.83 sq.ft. , the biggest one being 5107 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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