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(SOLD) $115,000

565 Rainey Road Somerset, KY  42503

  • 3 Beds
  • 2 Baths

Property Description for 565 Rainey Road Somerset, KY 42503

You'll love this charming and spacious 1,600' home with great views of the surrounding hillsides. Wake up each morning to colorful sunrises and enjoy the privacy and peaceful sounds of nature from your covered porch. Nestled on the hillside of a 4.5 acre wooded lot. 3 bedrooms, 2 baths. Fireplace in corner of the family room provides cozy warmth on chilly days. Extra large attached 2 car garage with plenty of storage space. The property also features a 2 story pole barn w/workbench plus more. The A/C & heat pump were updated in 2015 have a generous warranty. Roof and porch were also recently updated. Easy access to I-80 country but close enough to town.

Address:565 Rainey Road Somerset KY 42503
Status:Sold
Sold On: 7/29/2017
Price:$127,500
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Year Built:2000
County: Pulaski
MLS #:3026104
Property Type:Single Family Residence

Lot Features:0, 1
Water Source:Public
Directions:Hwy 80 east to Shopville Rd Conn. take a left go right on Shopville Rd follow to Rainey Rd go left 565 Rainey will be on the left. Look for signs. Or you can turn into Shopville School go right on Shopville Rd to Rainey Rd.
Garage:

Loan Price
$648
Price And Interest $600/month
Property Tax $0/month
MTG INS $0/month
HOME INS $48/month
Price
$115,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$576 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 045 - Pulaski County
Zip Code:42503

Interior Features:Eat-in Kitchen, Breakfast Bar, Dining Area, Ceiling Fan(s)
Exterior Type:Vinyl Siding
Heat:Heat Pump, Ceiling, Electric, Wood Stove
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Marian Olszewski and Denise Robertson with Re/Max Cumberland Group & Auctions 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

108
Avg. DOM
$149.28
Avg. $ / Sq.Ft.
$ 347,450
Med. List Price

The house prices in Somerset are indeed dropping at the moment. There has been a decrease in price of $41,426.51. 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 Down. The average house price is $349,900.00 and the average price per square feet is $150.39 per square feet. At the moment, the amount of homes listed is exactly 837 houses, with 187 with active status, 51 with pending status and 599 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 100 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 1522 minutes ago.

At the moment we have 4 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 1952 and the newest built house is in year 9999.

The average size of properties in Somerset is 56.42 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.