254 Observation Pointe Dr
Somerset, KY 42503
3 bd 2 ba 2,793 sqft Built 2004 Lot 17,424 sqft single_family
Most recent sale
$311,000
Aug 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 19, 2025 | Price changed | $350,000 | ImagineMLS |
| Dec 6, 2024 | Listed | $359,900 | ImagineMLS |
| Aug 4, 2022 | Sold | $311,000 | MLS #22011805 |
| Jun 28, 2022 | Price changed | $315,000 | MLS #22011805 |
| Jun 22, 2022 | Price changed | $319,900 | MLS #22011805 |
| Jun 6, 2022 | Listed | $325,000 | MLS #22011805 |
| Feb 11, 2022 | Sold | $298,000 | MLS #20126540 |
| Jan 13, 2022 | Relisted | $299,900 | MLS #20126540 |
| Dec 20, 2021 | Listed | $299,900 | MLS #20126540 |
| Oct 21, 2021 | Sold | $279,900 | Public Record |
| Jul 9, 2021 | Listed | $279,000 | MLS #40765 |
| Aug 29, 2003 | Sold | $131,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $300,000 | $16,000 | $316,000 | $2,285 |
| 2023 | $300,000 | $16,000 | $316,000 | $2,458 |
| 2022 | $285,000 | $15,000 | $300,000 | $2,366 |
| 2021 | $190,000 | $10,000 | $200,000 | $1,311 |
| 2020 | $145,000 | $10,000 | $155,000 | $957 |
| 2019 | $145,000 | $10,000 | $155,000 | $989 |
| 2018 | — | $131,500 | $131,500 | $790 |
| 2017 | — | $131,500 | $131,500 | $775 |
| 2016 | — | $131,500 | $131,500 | $1,085 |
| 2015 | — | $131,500 | $131,500 | $1,061 |
| 2014 | — | $131,500 | $131,500 | $1,032 |
| 2013 | — | $131,500 | $131,500 | $1,009 |
| 2012 | — | $131,500 | $131,500 | $981 |
| 2009 | $131,500 | — | $131,500 | $952 |
Property facts
Year built
2004
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,793 sqft
Lot size
17,424 sqft
ZIP code
42503
City
Somerset
Street
Observation Pointe Dr
Coordinates
37.05383, -84.67086
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,866
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 254 Observation Pointe Dr last sell?
254 Observation Pointe Dr most recently sold on Aug 4, 2022 for $311,000.
What is the current tax assessment for 254 Observation Pointe Dr?
The most recent total assessment for 254 Observation Pointe Dr (year 2025) is $316,000 with $2,285 in property tax.
How does 254 Observation Pointe Dr's assessment compare to its last sale price?
The current assessment is 1.6% above the last sale price of $311,000.
When was 254 Observation Pointe Dr built?
254 Observation Pointe Dr was built in 2004.
How does 254 Observation Pointe Dr compare to others on Observation Pointe Dr?
We track 8 other properties on Observation Pointe Dr. Browse the list under "Other properties on Observation Pointe Dr" to compare beds, baths, and sale history.
What are the property facts for 254 Observation Pointe Dr?
254 Observation Pointe Dr is a 3 bed, 2 bath, 2,793 sqft, 17,424 sqft lot single_family.
Is 254 Observation Pointe Dr a flip candidate?
No — 254 Observation Pointe Dr does not appear in our flips dataset.
Is 254 Observation Pointe Dr a tax-appeal candidate?
No — 254 Observation Pointe Dr is not currently flagged as a tax-appeal candidate.
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
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