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418 Summit Pointe Dr

Somerset, KY 42503

7 bd 3 ba 3,016 sqft Built 2000 Lot 19,602 sqft single_family
Most recent sale
$155,000
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 19, 2023 Sold $317,500 ImagineMLS
May 10, 2022 Sold $155,000 MLS #22003370
Feb 25, 2022 Listed $185,000 MLS #22003370
Nov 3, 2011 Sold $159,000 Public Record
May 19, 2009 Listing removed $169,900 SomersetKY
Sep 5, 2008 Sold $109,000 Public Record
Apr 5, 2007 Listed $169,900 MLS #1070062
Apr 17, 2006 Listed $159,900 MLS #1070047

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $303,000 $15,000 $318,000 $2,299
2023 $165,000 $10,000 $175,000 $1,361
2022 $190,000 $10,000 $200,000 $1,258
2021 $190,000 $10,000 $200,000 $1,311
2020 $159,000 $159,000 $990
2019 $159,000 $159,000 $1,023
2018 $159,000 $159,000 $1,021
2017 $159,000 $159,000 $1,311
2016 $159,000 $159,000 $1,311
2015 $159,000 $159,000 $1,282
2014 $159,000 $159,000 $1,248
2013 $159,000 $159,000 $1,219
2012 $159,000 $159,000 $1,186
2009 $109,000 $109,000 $789

Property facts

Year built
2000
Property type
single_family
Stories
1
Beds
7
Baths
3
Living area
3,016 sqft
Lot size
19,602 sqft
ZIP code
42503
City
Somerset
Street
Summit Pointe Dr
Coordinates
37.05361, -84.66946

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$930
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 418 Summit Pointe Dr last sell?
418 Summit Pointe Dr most recently sold on May 10, 2022 for $155,000.
What is the current tax assessment for 418 Summit Pointe Dr?
The most recent total assessment for 418 Summit Pointe Dr (year 2025) is $318,000 with $2,299 in property tax.
How does 418 Summit Pointe Dr's assessment compare to its last sale price?
The current assessment is 105.2% above the last sale price of $155,000.
When was 418 Summit Pointe Dr built?
418 Summit Pointe Dr was built in 2000.
How does 418 Summit Pointe Dr compare to others on Summit Pointe Dr?
We track 8 other properties on Summit Pointe Dr. Browse the list under "Other properties on Summit Pointe Dr" to compare beds, baths, and sale history.
What are the property facts for 418 Summit Pointe Dr?
418 Summit Pointe Dr is a 7 bed, 3 bath, 3,016 sqft, 19,602 sqft lot single_family.
Is 418 Summit Pointe Dr a flip candidate?
Yes — 418 Summit Pointe Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 418 Summit Pointe Dr a tax-appeal candidate?
Yes — 418 Summit Pointe 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 valuation
Quarterly 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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