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$89,900 $3,000on 9/12/2024

295 Falls Creek Way Somerset, KY  42503

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Property Description for 295 Falls Creek Way Somerset, KY 42503

PRICE REDUCED!! Beautiful 4 and 1/2 private restricted wooded acres to ready to build your home on, this acreage has a spring fed pond and is partially fenced and is located on a paved road. City water and electric are onsite. Abundant wildlife and just 10 minutes to Lake Cumberland!!

Address:295 Falls Creek Way Somerset KY 42503
Status:Active
on site: 420 days
Price:$89,900
Bathrooms:0
Lot Size:4.57
County: Pulaski
School System : Pulaski County - 45
MLS #:23017313
Property Type:Lot

Lot Dimensions:199069
Water Source:Public
Directions:Slate Branch Road, go through the 4 way stop continue on past Natures Valley to Slate Branch Spur, left onto Falls Creek Way, property is on the left.

Loan Price
$506
Price And Interest $469/month
Property Tax $0/month
MTG INS $0/month
HOME INS $37/month
Price
$89,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$444 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
09/12/24 $92,900 $89,900 -3.2%
07/31/24 $96,900 $92,900 -4.1000000000000005%
06/04/24 $104,900 $96,900 -7.6%
03/04/24 $109,900 $104,900 -4.5%

Financial Disclosures:Restrictions
Mandatory HOA Fee:$

Area: 045 - Pulaski County
Subdivision: Rural
Zip Code:42503

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

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 Mike Hines with Lake Cumberland Real Estate Professionals

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

127
Avg. DOM
$147.92
Avg. $ / Sq.Ft.
$ 339,900
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 1423 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.