1032 S Fork Dr Somerset, KY 42503

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3 beds · 1 bath · 1,366 sq ft · Lot Size: 19,617 sq ft · Single Family Home
Est. Property Value: $220,336

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1032 S Fork Dr is in the 42503 neighborhood of Somerset, KY. It is located in Pulaski County and ZIP code 42503. This Single Family Home was built in 1970 and is approximately 55 years old. The single family home spans 1366 sq ft with 3 bedrooms and 1 bathroom and sits on a 19617 sq ft lot. According to public records, it was last sold in 2020 for $204,000 and has a tax-assessed value of $204,000, which is $161 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 1032 S Fork Dr Somerset, KY 42503 with Property Intel by Whitepages.

1032 S Fork Dr

Somerset, KY 42503

Owner Info

Owners & Occupancy for 1032 S Fork Dr

This property is owned by Kathleen A Kacick. Owner contact information includes 3 phone numbers and 2 email addresses.

Property Owners

OccupationCertified Pharmacy Technician, Costco Wholesale
Cell Phone(406) ***-****View Cell Phone
Residence************
Landline(406) 222-7635
Distance from Property**********
Email Address****************@gmx.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 65
Resident 2*************** age 65

Property Financials for 1032 S Fork Dr

1032 S Fork Dr, Somerset, KY has no known mortgage. The Pulaski county assessment for 2024 values it at $204,000, with annual taxes of $1,509.

Property Tax

Purchase DateOctober 23, 2020
Property Tax Amount$1,509 in 2024
Purchase Price$204,000
Assessed Value$204,000 on 2024

Investment Potential for 1032 S Fork Dr

The property has a current estimated value of $220,336, which is 36% above the zip median, based on public records. It last sold on October 23, 2020 for $204K. Projected long-term
is $19,800 annually ($1,650 per month) with a 88% occupancy rate.

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Long-Term

Gross Rental
$19,800 per year($1,650 per month)
Net Operating Income
Cap Rate
Occupancy Rate
88%in 42503 zip code
 
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Property Details for 1032 S Fork Dr

Property Details

Property Sq Ft

Living Area

1,366 sq ft

16% below market

Lot Size

19,617 sq ft

15% below market

Price Per Sq Ft

Living Area

$161 / sq ft

68% above market

Lot Size Area

$11 / sq ft

64% above market

Property condition, age, exterior, etc. for 1032 S For…
Longitude: -84.642008 Latitude: 37.026028 Parcel Number (APN): 051-7-2-15…

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Market Benchmarks

Compare data for 1032 S Fork Dr in Pulaski County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$220,336
$149,228
$71,108 (48%)
YoY Price Change
Year Built
1970
1986
-16 years
Living Space
1,366 sq ft
1,500 sq ft
-134 (-9%)
$ Per Living Sq Ft
$161
$99
$63 (64%)
Lot Size
19,617 sq ft
18,731 sq ft
886 (5%)
$ Per Lot Sq Ft
$11
$7
$4 (61%)

Net Operating Income
$16,356
-$2,320 (-14%)
Annual Revenue
$19,800
$22,200
-$2,400 (-11%)
$4,672
$1,092 (23%)
Net Operating Income
$16,356
-$2,320 (-14%)
Cap Rate
10.36%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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