Now offering this rare opportunity to own this brick duplex, and extremely successful Short-Term-Rental (Airbnb)! Just in time for Summer on Lake Cumberland, this property features two spacious units with vaulted ceilings, newly installed engineered hardwood floors, and is ready to utilize! Each unit offers a spacious 2 bedroom 1 bathroom layout with a private back deck. The left side of the building was a very successful short-term rental averaging $2,200 in the winter and $3,500 per month in the summer, ALONE! Unit B is currently leased at a competitive market rate! See attached documents for rental projections. Side A will come fully furnished with nicely curated finishes making this Lake Cumberland Vacation rental ready to rent! The oversized driveway is perfect for large boats and also has two electrical outlets run underground for charging, cleaning, or working on your favorite toy! This property also offers additional space to potentially build another small house or apartment to the left of the driveway! Call today to have an opportunity for great cash flow, and appreciation right here near Lake Cumberland! Owner/Agent.
Property Details
Property Features
Property Information:
Architectural Style: Contemporary, Ranch
Year Built: 1999
Stories: 1
Listing Office:
Office Name: Keller Williams Commonwealth - Somerset
Office Phone: (859) 721-2121
Interior Features
Interior Information:
Appliances: Microwave, Range, Refrigerator
Flooring Type: Hardwood, Tile
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 4
Exterior Features
Parking Information:
Parking: Driveway
Lot Features
Lot Information:
Lot Size: 0.56 Acres
Utilities
Utilities Information:
Heating: Electric
Cooling: Electric
Other
Directions Information:
Directions: From Oak hill Road turn onto Tanya Lane and take an immediate left onto Pondview Drive. The property is about 600 feet on your left!
Price Information
Listing Price Info
Price Summary:
List Price: $282,200
Tax Information:
Annual Amount: $1,307
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Somerset, KY.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,476
Per Month
Principal & Interest
$1,409
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$913
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Oak Hill Elementary School
1755 Wtlo Rd
Distance between this listing and this school0.82 miles
Public District Grades KG-5
8
/10
Southern Elementary School
198 Enterprise Dr
Distance between this listing and this school1.91 miles
Public District Grades KG-5
8
/10
Hopkins Elementary School
210 May St
Distance between this listing and this school4.14 miles
Public District Grades PK-4
Nearby Schools
9
/10
Southern Middle School
200 Enterprise Dr
Distance between this listing and this school1.94 miles
Public District Grades 6-8
6
/10
Meece Middle School
210 Barnett St
Distance between this listing and this school4.53 miles
Public District Grades 5-8
7
/10
Northern Middle School
650 Oak Leaf Ln
Distance between this listing and this school5.05 miles
Public District Grades 6-8
Nearby Schools
6
/10
Southwestern High School
1765 Wtlo Rd
Distance between this listing and this school0.71 miles
Public District Grades 9-12
2
/10
Pulaski Somerset Day Treatment
300 Chandler St
Distance between this listing and this school3.43 miles
Public District Grades 6-12
6
/10
Somerset High School
301 College St
Distance between this listing and this school4.06 miles
The neighbors living near this home have an average income of $39,000. Residents of Somerset, KY typically earn less than $35k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 97 Pondview Dr
What is the listing price of this property?
The listing price of 97 Pondview Dr property is $282,200.
What type of property is this?
The property 97 Pondview Dr is a house located in Somerset, Kentucky, 42503.
Is this property for sale now?
Sale Pending: 97 Pondview Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,307 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 11, 2014 for $112,750. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 97 Pondview Dr has 4 bedrooms and 2 bathrooms.
Which year was this property built?
The year of construction for 97 Pondview Dr is 1999.
This home is located at 97 Pondview Dr in Somerset, KY and zip code 42503. This home, which was built in 1999, sits on a 0.56 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $282,200.
While more than 1 listings in Somerset, KY in April 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 34 were sold below. The number of homes for sale in Somerset, KY increased by 6.2% between March 2024 and April 2024. In April 2024, listings were on the market for 57 days. During the same period, the median list price in this real estate market was $244,983.
From Rocket Homes Real Estate and based on county public records data.