$2,363
closing credit¹
285 Hill Rd Somerset, KY 42501
Property details
About 285 Hill Rd
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.
Highlights
Summary
- MLS Number: 24014750
- Office Name: Eagle Realty & Development LLC
- Office Phone: (606) 679-4316
- Office Email: mike@myeaglerealty.com
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: 2/5/2025, 11:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$199,000
285 Hill Rd
$2,363
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $119,000 | $- |
2022 | $119,000 | $637 |
2021 | $77,500 | $637 |
2019 | $38,000 | $314 |
2018 | $38,500 | $323 |
2017 | $38,500 | $317 |
History based on county public records data.
Nearby schools
7
Burnside Elementary School
Public District PK-5
1.8 mi
•435 E Lakeshore Dr
8
Southern Elementary School
Public District KG-5
2.1 mi
•198 Enterprise Dr
10
Oak Hill Elementary School
Public District KG-5
4.7 mi
•1755 Wtlo Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,593. Typical income of Somerset, KY residents is less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
Frequently asked questions
Living in Somerset, KY
About 285 Hill Rd
This home is located at 285 Hill Rd in Somerset, KY and zip code 42501. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 16, 2024 and is currently priced at $199,000.
In January 2025 more than 2 listings in Somerset, KY were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 24 were sold below. The number of listings in Somerset, KY increased by 9.8% between December and January 2025. Listings spent 57 days on the market in January 2025, and had a median list price of $255,000 during the same period.