314 Lake Forest Dr
Somerset, KY 42503
3 bd 2 ba 2,751 sqft Built 2004 Lot 27,350 sqft single_family
Most recent sale
$128,000
Nov 8, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 25, 2025 | Price changed | $479,000 | ImagineMLS |
| Jun 18, 2025 | Price changed | $485,000 | ImagineMLS |
| Jun 4, 2025 | Listed | $499,900 | ImagineMLS |
| Aug 18, 2024 | Price changed | $559,000 | ImagineMLS |
| Aug 3, 2024 | Price changed | $569,000 | ImagineMLS |
| Mar 19, 2024 | Listed | $579,000 | BLUEGRASS |
| Nov 8, 2023 | Sold | $128,000 | Public Record |
| Apr 9, 2019 | Listing removed | — | SomersetKY |
| Apr 8, 2019 | Listing removed | $295,900 | SomersetKY |
| Apr 5, 2019 | Sold | $285,000 | BLUEGRASS |
| Nov 20, 2018 | Listed | $295,900 | BLUEGRASS |
| Nov 19, 2018 | Listed | $295,900 | SomersetKY |
| Jul 3, 2017 | Sold | $230,000 | Public Record |
| Jul 3, 2017 | Listing removed | $259,900 | SomersetKY |
| May 18, 2017 | Price changed | $259,900 | SomersetKY |
| Apr 18, 2017 | Listed | $264,900 | BLUEGRASS |
| Apr 12, 2017 | Price changed | $264,900 | SomersetKY |
| Feb 24, 2017 | Listed | $274,900 | SomersetKY |
| Nov 2, 2016 | Listing removed | $269,000 | SomersetKY |
| Sep 1, 2016 | Price changed | $269,000 | SomersetKY |
| Jun 27, 2016 | Price changed | $295,000 | SomersetKY |
| May 2, 2016 | Listed | $309,000 | SomersetKY |
| Jul 27, 2010 | Sold | $270,000 | Public Record |
| May 19, 2009 | Listing removed | $349,900 | SomersetKY |
| Aug 16, 2008 | Listing removed | $312,800 | SomersetKY |
| Dec 14, 2007 | Listed | $312,800 | SomersetKY |
| Jul 11, 2007 | Listed | $349,900 | SomersetKY |
| Mar 17, 2007 | Listed | $369,900 | SomersetKY |
| Apr 28, 2004 | Listed | $234,800 | SomersetKY |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $340,000 | $30,000 | $370,000 | $2,675 |
| 2023 | $270,000 | $30,000 | $300,000 | $2,334 |
| 2022 | $270,000 | $30,000 | $300,000 | $2,366 |
| 2021 | $255,000 | $30,000 | $285,000 | $2,342 |
| 2020 | $255,000 | $30,000 | $285,000 | $2,358 |
| 2019 | $200,000 | $30,000 | $230,000 | $1,630 |
| 2018 | $200,000 | $30,000 | $230,000 | $1,935 |
| 2017 | $235,000 | $35,000 | $270,000 | $2,227 |
| 2016 | — | $270,000 | $270,000 | $1,923 |
| 2015 | — | $270,000 | $270,000 | $1,879 |
| 2014 | — | $270,000 | $270,000 | $1,836 |
| 2013 | — | $270,000 | $270,000 | $1,794 |
| 2012 | — | $270,000 | $270,000 | $1,760 |
| 2009 | $290,000 | — | $290,000 | $2,099 |
Property facts
Year built
2004
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,751 sqft
Lot size
27,350 sqft
ZIP code
42503
City
Somerset
Street
Lake Forest Dr
Coordinates
37.01485, -84.69722
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$768
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 314 Lake Forest Dr last sell?
314 Lake Forest Dr most recently sold on Nov 8, 2023 for $128,000.
What is the current tax assessment for 314 Lake Forest Dr?
The most recent total assessment for 314 Lake Forest Dr (year 2025) is $370,000 with $2,675 in property tax.
How does 314 Lake Forest Dr's assessment compare to its last sale price?
The current assessment is 189.1% above the last sale price of $128,000.
When was 314 Lake Forest Dr built?
314 Lake Forest Dr was built in 2004.
How does 314 Lake Forest Dr compare to others on Lake Forest Dr?
We track 2 other properties on Lake Forest Dr. Browse the list under "Other properties on Lake Forest Dr" to compare beds, baths, and sale history.
What are the property facts for 314 Lake Forest Dr?
314 Lake Forest Dr is a 3 bed, 2 bath, 2,751 sqft, 27,350 sqft lot single_family.
Is 314 Lake Forest Dr a flip candidate?
No — 314 Lake Forest Dr does not appear in our flips dataset.
Is 314 Lake Forest Dr a tax-appeal candidate?
Yes — 314 Lake Forest Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.0%
Implied 1-yr
+16.1%
2026 Q3
$419.6K
2026 Q4
$425.8K
ZIP 42503 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Forest Dr