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$250,000

105 Wallace Ave Somerset, KY 42501

5 beds
2 full
1.0 acres
House

Property details

About 105 Wallace Ave

RECENTLY UPDATEDStep into this beautifully updated 5-bedroom home that blends modern comfort with timeless charm ! From the moment you walk in, you'll notice the fresh updates throughout- perfectly designed for today's lifestyle. The spacious layout offers room for everyone, whether you're hosting guests or enjoying quite family time. Enjoy the cool shade of the covered deck or soak up some sun in the fully fenced back yard-an ideal place for summer barbecues, playtime with the kids ,fetch with your four legged furry friend(s), or simplyrelaxing under the stars around a cozy fire.Conveniently located near Somerset Community College and Lake Cumberland Regional Hospital. This home is not just a place to live - its a place to thrive. Call today for a full List of HOME IMPROVEMENTS - too many to mention here.

Highlights

Home typeSingle Family Residence
HeatingElectric, Heat Pump, Forced Air
StatusAccepting Backup Offers
(Contingent)
CoolingOther, Heat Pump
Lot size1 Acres
Year builtNew Const., 9999
ParkingOff Street, Driveway
MLS #25003635

Summary

  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Refrigerator, Range, Microwave, Dishwasher
  • Flooring Type: Carpet, Vinyl
  • Interior: Eat-in Kitchen, Breakfast Bar, Bedroom First Floor, Security System Owned, Ceiling Fan(s)
  • Total Bedroom Count: 5
  • Attached Garage: No
  • Parking: Off Street, Driveway
  • Exterior: Deck, Porch, Patio
  • Architectural Style: Ranch
  • Heating: Electric, Heat Pump, Forced Air
  • Cooling: Other, Heat Pump
  • List Price: $250,000
  • Annual Tax Amount: $999
  • Tax Year: 2022
  • Directions: US-27 S TURN LEFT ON UNIVERSITY OF KENTUCKY DRIVE ( CHICK- FIL-A IS ON THE CORNER) PROCEED TO MONTICELLO ST & TURN LEFTPROCEED TO WALLACE AVE TURN RIGHT ,HOME IS ON THE RIGHT.
  • Year Built: 9999
  • Stories: 1
  • Lot Size: 1 Acres
  • MLS Number: 25003635
  • Office Name: Cumberland Realty Group & Auctions LLC
  • Office Phone: (606) 676-0460
  • Office Email: realtordeniserobertson@gmail.com

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. © 2025 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: 7/30/2025, 10:45:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$105,000$-
2022$105,000$999
2021$105,000$999
2019$105,000$1,005
2018$105,000$883
2017$105,000$866

History based on county public records data.

Nearby schools

7

Southern Elementary School

Public District KG-5

1.8 mi

198 Enterprise Dr

8

Oak Hill Elementary School

Public District KG-5

2.3 mi

1755 Wtlo Rd

9

Hopkins Elementary School

Public District PK-4

2.5 mi

210 May St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $19,224. Typical income of Somerset, KY residents is less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

75%
<35k
22%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

63%
Single, No Kids
14%
Single, with Kids
12%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
6%
12-17 yrs old
22%
18-34 yrs old
34%
35-64 yrs old
24%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • KmartKmart
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • SonicSonic
  • Bob EvansBob Evans
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • OldsmobileOldsmobile
  • BuickBuick
  • FordFord

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • OldiesOldies
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living 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.

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.

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.

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.

About 105 Wallace Ave

The listing price of 105 Wallace Ave property is $250,000.

The property 105 Wallace Ave is a house located in Somerset, Kentucky, 42501.

Accepting Backup Offers: 105 Wallace Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 105 Wallace Ave are: Southern Elementary School (GreatSchools Rating 7/10), Oak Hill Elementary School (GreatSchools Rating 8/10), Hopkins Elementary School (GreatSchools Rating 9/10), Southern Middle School (GreatSchools Rating 7/10), Meece Middle School (GreatSchools Rating 6/10), Northern Middle School (GreatSchools Rating 8/10), Southwestern High School (GreatSchools Rating 7/10), Somerset High School (GreatSchools Rating 7/10), Pulaski County High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2022 is $999 (source: MLS/based on county public records data).

The property at 105 Wallace Ave has 5 bedrooms and 2 bathrooms.

The year of construction for 105 Wallace Ave is 9999.

This home is located at 105 Wallace Ave in Somerset, KY and zip code 42501. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 28, 2025 and is currently priced at $250,000.

In June 2025 more than 3 listings in Somerset, KY were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 25 were sold below. The inventory of homes for sale in Somerset, KY between May and June 2025 increased by 11.7%. In June 2025, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $259,000.

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

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