NOT LISTED FOR SALE

10 Chipman Ave Florence, KY 41042

Estimated Value: $268,000 - $316,000

4 Beds
2 Baths
-- Sq Ft
0.4 Acres

Last Sold November 30, 2021

Last sale price $211,000

Est. 37% increase in value since last sale

Current estimated payment $1,712/month

4 Days on Market

Highlights

  • Property is near public transit
  • Mini Split Air Conditioners
  • Heating Available

About This Home

As of November 2021

Fantastic opportunity to purchase a duplex in Florence. Each unit has 2 bedrooms. Updated kitchen, deck. Full Basement w/ laundry hook-ups and walkout. Separate entrances & utilities. Freshly painted siding. Off-street parking (2 cars per unit), wooded view rear yard. Quiet dead-end street. Each unit is equipped with refrigerator, oven range, dishwasher, washer, and dryer. Property is being SOLD AS IS.

Last Agent to Sell the Property

CoCo James

RE/MAX Victory + Affiliates License #210182 Listed on: 10/01/2021

RE/MAX Victory + Affiliates

Last Buyer's Agent

Cindy Cahill

Realty Executives Select License #228304

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,056

Year Built

  • Built in 1980

Lot Details

  • 0.4

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows
  • Insulated Windows
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Schools

  • Florence Elementary School
  • Jones Middle School
  • Boone County High School

Utilities

  • Mini Split Air Conditioners
  • Central Air
  • Heating Available
  • Furnace
  • Separate Meters
  • No Utilities

Additional Features

  • 0.4 Acre Lot
  • Property is near public transit

Community Details

  • 2 Units
  • Foy C Frosts Property Subdivision

Listing and Financial Details

  • Tenant pays for electricity, heat, sewer, water
  • Assessor Parcel Number 072.12-04-002.01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,056

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cooling: Central Air
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.4
  • Year Built: 1980
  • Lot Size: Irregular
  • Subdivision Name: Foy C Frosts Property
  • Directions: Dixie HWY to Kentaboo. R on Chipman.
  • New Construction: No
  • Structure Type: Duplex
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Florence Elementary
  • Location Tax Legal Info:Middle or Junior School: Jones Middle School
  • Location Tax Legal Info:High School: Boone County High
  • Location Tax Legal Info:Subdivision2: Other
  • Contract Info:Auction YN: No
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: Irregular
  • Cooling:Central Air: Yes
  • Foundation:Poured Concrete: Yes
  • Parking Features Parking Total: 4
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.3955
  • General Property Description:Lot Size Square Feet: 17227.98
  • Utilities:None14: Yes
  • Location Tax Legal Info:Tax ID: 072.12-04-002.01
  • Appliances Refrigerators: Yes
  • General Property Description:_pound_ of Buildings: 1
  • Utilities:Separate Air Condition: Yes
  • Utilities:Separate Furnace: Yes
  • Utilities:Separate Gas Electric: Yes
  • General Property Description:Number Of Units Total: 2
  • Structure Type:Duplex: Yes
  • Levels:Two2: Yes
  • Special Features: None

Interior Features

  • Heating: Electric
  • Levels: Two
  • Property Type: MultiFamily
  • Tenant Pays: Electricity, Heat, Sewer, Water
  • Number Of Buildings: 1
  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Window Features: Insulated Window(s), Vinyl Clad Window(s)
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Near Public Transit
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Poured Concrete
  • Construction Materials:Brick2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Window Features:Insulated Window(s): Yes
  • Window Features:Vinyl Clad Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, No Garage
  • Total Parking Spaces: 4.0
  • Parking Features:Driveway: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: None
  • Heating:Electric2: Yes

Schools

  • Elementary School: Florence Elementary
  • Junior High Dist: Boone Co Public
  • High School: Boone County High
  • Middle Or Junior School: Jones Middle School

Lot Info

  • Lot Size Sq Ft: 17227.98
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Nov 30, 2021
Sold by
South Mark and South Catrina
Bought by
White Christopher
Seller's Agent
CoCo James
RE/MAX Victory + Affiliates
Buyer's Agent
Cindy Cahill
Realty Executives Select
List Price
$204,900
Sold Price
$211,000
Premium/Discount to List
$6,100
2.98%
Current Estimated Value
$289,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,586
Avg. Annual Appreciation
8.62%
Original Mortgage
$207,178
Outstanding Balance
$190,498
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$99,088

Purchase Details

Closed on
Feb 5, 2021
Sold by
Bluestein Michael
Bought by
South Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,700
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2020
Sold by
Bluestein Michael
Bought by
Bluestein Michael and South Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,700
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2017
Sold by
Bluestein Michael
Bought by
Bluestein Michael and South Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2017
Sold by
J & C Properties Of Northern Kentucky Llc
Bought by
Bluestein Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,120
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2012
Sold by
Wicklund Carl H and Wicklund Joyce M
Bought by
J & C Properties Of Northern Kentucky Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
White Christopher $211,000 Kentucky Land Title Agency
South Mark -- Bridgetrust Title Group
Bluestein Michael -- American Homeland Title Agcy
Bluestein Michael -- American Homeland Title
Bluestein Michael -- None Available
Bluestein Michael $159,000 None Available
J & C Properties Of Northern Kentucky Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Christopher $207,178
Previous Owner South Mark $131,700
Previous Owner Bluestein Michael $123,750
Previous Owner Bluestein Michael $123,750
Previous Owner Bluestein Michael $156,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $211,000 +3.0% --
10/05/2021 10/05/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $204,900 -- --
Source: Northern Kentucky Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,056 $211,000 $15,000 $196,000
2023 $1,990 $211,000 $15,000 $196,000
2022 $2,000 $211,000 $15,000 $196,000
2021 $2,091 $162,300 $15,000 $147,300
2020 $1,542 $159,000 $15,000 $144,000
2019 $1,556 $159,000 $15,000 $144,000
2013 -- $132,000 $15,000 $117,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 553546

Northern Kentucky Multiple Listing Service

APN: 072.12-04-002.01