116 Shannon Ln
Somerset, KY 42503
2 bd 2 ba 1,348 sqft Built 1991 Lot 29,588 sqft single_family
Most recent sale
$185,000
Apr 25, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 15, 2024 | Price changed | $299,900 | BLUEGRASS |
| Jan 26, 2024 | Price changed | $325,000 | BLUEGRASS |
| Nov 24, 2023 | Listed | $374,900 | BLUEGRASS |
| Apr 25, 2023 | Sold | $185,000 | BLUEGRASS |
| Apr 3, 2023 | Listed | $209,999 | BLUEGRASS |
| Jul 14, 2006 | Sold | $99,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $245,000 | $20,000 | $265,000 | $1,916 |
| 2023 | — | $99,900 | $99,900 | $416 |
| 2022 | — | $99,900 | $99,900 | $468 |
| 2021 | — | $99,900 | $99,900 | $488 |
| 2020 | — | $99,900 | $99,900 | $501 |
| 2019 | — | $99,900 | $99,900 | $518 |
| 2018 | — | $99,900 | $99,900 | $524 |
| 2017 | — | $99,900 | $99,900 | $513 |
| 2016 | — | $99,900 | $99,900 | $519 |
| 2015 | — | $99,900 | $99,900 | $508 |
| 2014 | — | $99,900 | $99,900 | $784 |
| 2013 | — | $99,900 | $99,900 | $766 |
| 2012 | — | $99,900 | $99,900 | $745 |
| 2009 | $99,900 | — | $99,900 | $723 |
Property facts
Year built
1991
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,348 sqft
Lot size
29,588 sqft
ZIP code
42503
City
Somerset
Street
Shannon Ln
Coordinates
37.11619, -84.56438
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,022
Gross rental yield
13.12%
Implied cap rate
8.53%
Trend-extrapolated value
—
Frequently asked questions
When did 116 Shannon Ln last sell?
116 Shannon Ln most recently sold on Apr 25, 2023 for $185,000.
What is the current tax assessment for 116 Shannon Ln?
The most recent total assessment for 116 Shannon Ln (year 2025) is $265,000 with $1,916 in property tax.
How does 116 Shannon Ln's assessment compare to its last sale price?
The current assessment is 43.2% above the last sale price of $185,000.
When was 116 Shannon Ln built?
116 Shannon Ln was built in 1991.
How does 116 Shannon Ln compare to others on Shannon Ln?
We track 4 other properties on Shannon Ln. Browse the list under "Other properties on Shannon Ln" to compare beds, baths, and sale history.
What are the property facts for 116 Shannon Ln?
116 Shannon Ln is a 2 bed, 2 bath, 1,348 sqft, 29,588 sqft lot single_family.
Is 116 Shannon Ln a flip candidate?
No — 116 Shannon Ln does not appear in our flips dataset.
Is 116 Shannon Ln a tax-appeal candidate?
Yes — 116 Shannon Ln 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 Shannon Ln