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185 Rainbow Ter; Somerset, KY Property Details

185 Rainbow Ter, Somerset, KY is a General that was built in 1970. This property is not for sale. Our records show that 185 Rainbow Ter has 2 bedrooms, and 1 bathroom, and a total of 702 square feet. The lot size of 185 Rainbow Ter is 676,051 square feet.

Off market
185 Rainbow Ter Somerset, KY 42503
$300,000 Listing Price
2 Beds
1 Baths
702 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1970
  • Purchase Price: $500,000
  • APN: 060-7-1-53
  • Situs County: Pulaski
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Metal
  • Building Condition: Poor
  • Roof Type: Mansard
  • Roof Cover Type: Metal

Measurements

  • Total: 702/SqFt
  • Lot: 676,051/SqFt
  • Gross: 702/SqFt
  • Living: 500/SqFt
  • Building: 702/SqFt
  • Price Per Square Foot: $712.25

Legal Description

  • Description: 15.52 AC RAINBOW TERRACE
Building Insights

Land Information

  • Property Type: General
  • Within Flood Zone: True
  • Flood Zone: A / High Risk
  • School District: Pulaski County School District
  • Lat / Lon: 37.12287 / -84.59698
  • Property Class: Commercial

Amenities

  • Plus Four: 4653
  • Cooling: Wall
  • Heating: Electric

Ownership Info

185 Rainbow Ter has no associated ownership info
185 Rainbow Ter has no associated ownership info.

Taxes

185 Rainbow Ter has 10 associated Taxes items

185 Rainbow Ter, Somerset, KY pays taxes in Pulaski County, KY. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,340,000. The APN we've located for 185 Rainbow Ter is 060-7-1-53.

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Taxes
  • Assessed Value:  $1,340,000
  • Assessed Year:  2025
  • Assessed County:  Pulaski
  • APN:  060-7-1-53
  • Assessed Land Value:  1315000
  • Market Land Value:  1315000
  • Tax Amount:  9691
  • Tax Year:  2025
  • Market Value:  1340000
  • Market Year:  2025

Tax History

185 Rainbow Ter has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,340,000 Land Value $1,315,000 Improvement Value $25,000 Tax Amount $9,691 Change Rate -0.042107% Assessed CR Tax Rate +0.007232%
Year 2024 Assessed Value $1,340,000 Land Value $1,315,000 Improvement Value $25,000 Tax Amount $10,117 Change Rate +1.60037% Assessed CR Tax Rate +0.00755%
Year 2023 Assessed Value $500,000 Land Value $475,000 Improvement Value $25,000 Tax Amount $3,890.6 Change Rate -0.033391% Assessed CR Tax Rate +0.007781%
Year 2022 Assessed Value $500,000 Land Value $475,000 Improvement Value $25,000 Tax Amount $4,025 Change Rate -0.020681% Assessed CR Tax Rate +0.00805%
Year 2021 Assessed Value $500,000 Land Value $475,000 Improvement Value $25,000 Tax Amount $4,110 Change Rate -0.006623% Assessed CR Tax Rate +0.00822%
Year 2020 Assessed Value $500,000 Land Value $475,000 Improvement Value $25,000 Tax Amount $4,137.4 Change Rate +2.225993% Assessed CR Tax Rate +0.008275%
Year 2019 Assessed Value $150,000 Land Value $125,000 Improvement Value $25,000 Tax Amount $1,282.52 Change Rate +0.016107% Assessed CR Tax Rate +0.00855%
Year 2018 Assessed Value $150,000 Land Value $125,000 Improvement Value $25,000 Tax Amount $1,262.19 Change Rate Assessed CR Tax Rate +0.008415%
Year 2017 Assessed Value $150,000 Land Value $125,000 Improvement Value $25,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $150,000 Land Value $125,000 Improvement Value $25,000 Tax Amount $1,237.5 Change Rate +0.022939% Assessed CR Tax Rate +0.00825%
Year 2015 Assessed Value $150,000 Land Value $125,000 Improvement Value $25,000 Tax Amount $1,209.75 Change Rate +0.027389% Assessed CR Tax Rate +0.008065%
Year 2014 Assessed Value $150,000 Land Value $125,000 Improvement Value $25,000 Tax Amount $1,177.5 Change Rate Assessed CR Tax Rate +0.00785%