121 Wallace Ln
Somerset, KY 42503
3 bd 2 ba 1,750 sqft Built 2021 Lot 21,780 sqft single_family
Most recent sale
$275,000
Nov 15, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 29, 2026 | Listed | $355,000 | SouthCentralKentucky |
| Nov 15, 2021 | Sold | $275,000 | MLS #20119610 |
| Sep 10, 2021 | Listed | $279,900 | MLS #20119610 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $260,000 | $15,000 | $275,000 | $1,988 |
| 2023 | $260,000 | $15,000 | $275,000 | $2,139 |
| 2022 | $260,000 | $15,000 | $275,000 | $2,169 |
| 2021 | — | $6,000 | $6,000 | $49 |
| 2020 | — | $6,000 | $6,000 | $49 |
| 2019 | — | $6,000 | $6,000 | $51 |
| 2018 | — | $6,000 | $6,000 | $50 |
| 2017 | — | $6,000 | $6,000 | $49 |
| 2016 | — | $6,000 | $6,000 | $49 |
| 2015 | — | $6,000 | $6,000 | $48 |
| 2014 | — | $6,000 | $6,000 | $47 |
| 2013 | — | $6,000 | $6,000 | $46 |
| 2012 | — | $6,000 | $6,000 | $44 |
| 2009 | $6,000 | — | $6,000 | $43 |
Property facts
Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,750 sqft
Lot size
21,780 sqft
ZIP code
42503
City
Somerset
Street
Wallace Ln
Coordinates
37.05111, -84.62986
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,625
Gross rental yield
11.45%
Implied cap rate
7.45%
Trend-extrapolated value
—
Frequently asked questions
When did 121 Wallace Ln last sell?
121 Wallace Ln most recently sold on Nov 15, 2021 for $275,000.
What is the current tax assessment for 121 Wallace Ln?
The most recent total assessment for 121 Wallace Ln (year 2025) is $275,000 with $1,988 in property tax.
How does 121 Wallace Ln's assessment compare to its last sale price?
The current assessment is 0.0% above the last sale price of $275,000.
When was 121 Wallace Ln built?
121 Wallace Ln was built in 2021.
How does 121 Wallace Ln compare to others on Wallace Ln?
We track 4 other properties on Wallace Ln. Browse the list under "Other properties on Wallace Ln" to compare beds, baths, and sale history.
What are the property facts for 121 Wallace Ln?
121 Wallace Ln is a 3 bed, 2 bath, 1,750 sqft, 21,780 sqft lot single_family.
Is 121 Wallace Ln a flip candidate?
No — 121 Wallace Ln does not appear in our flips dataset.
Is 121 Wallace Ln a tax-appeal candidate?
No — 121 Wallace Ln 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
Explore nearby
Geography
Other properties on Wallace Ln