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1201 Cherry Grove Rd

Somerset, KY 42501

2 bd 1 ba 1,152 sqft Built 2018 Lot 219,542 sqft single_family
Most recent sale
$148,000
Oct 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 19, 2025 Sold $215,000 ImagineMLS
Oct 26, 2022 Sold $148,000 MLS #22018068
Aug 12, 2022 Listed $154,900 MLS #22018068
May 13, 2016 Sold $33,000 Public Record
Nov 13, 2012 Sold $30,000 Public Record
Jul 22, 2005 Sold $30,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $190,000 $30,000 $220,000 $1,591
2023 $120,000 $30,000 $150,000 $1,167
2022 $50,000 $30,000 $80,000 $631
2021 $50,000 $30,000 $80,000 $658
2020 $50,000 $30,000 $80,000 $662
2019 $50,000 $30,000 $80,000 $684
2018 $33,000 $33,000 $278
2017 $33,000 $33,000 $272
2016 $30,000 $30,000 $248
2012 $30,000 $30,000 $224
2009 $30,000 $30,000 $217

Property facts

Year built
2018
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,152 sqft
Lot size
219,542 sqft
ZIP code
42501
City
Somerset
Street
Cherry Grove Rd
Coordinates
37.07848, -84.54639

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,728
Gross rental yield
14.01%
Implied cap rate
9.11%
Trend-extrapolated value

Frequently asked questions

When did 1201 Cherry Grove Rd last sell?
1201 Cherry Grove Rd most recently sold on Oct 26, 2022 for $148,000.
What is the current tax assessment for 1201 Cherry Grove Rd?
The most recent total assessment for 1201 Cherry Grove Rd (year 2025) is $220,000 with $1,591 in property tax.
How does 1201 Cherry Grove Rd's assessment compare to its last sale price?
The current assessment is 48.6% above the last sale price of $148,000.
When was 1201 Cherry Grove Rd built?
1201 Cherry Grove Rd was built in 2018.
How does 1201 Cherry Grove Rd compare to others on Cherry Grove Rd?
We track 8 other properties on Cherry Grove Rd. Browse the list under "Other properties on Cherry Grove Rd" to compare beds, baths, and sale history.
What are the property facts for 1201 Cherry Grove Rd?
1201 Cherry Grove Rd is a 2 bed, 1 bath, 1,152 sqft, 219,542 sqft lot single_family.
Is 1201 Cherry Grove Rd a flip candidate?
No — 1201 Cherry Grove Rd does not appear in our flips dataset.
Is 1201 Cherry Grove Rd a tax-appeal candidate?
No — 1201 Cherry Grove Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.2%
Implied 1-yr
+4.7%
2026 Q3
$201.9K
2026 Q4
$204.1K
ZIP 42501 — Median Price History + Forecast

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