Seller's Agent in 2025
Phillip Rice
eXp Realty, LLC
(513) 444-3924
2 in this area
76 Total Sales
1002 Madison Ave Covington, KY 41011
Eastside Neighborhood
--
Bed
--
Bath
3,850
Sq Ft
2,200
Sq Ft Lot
Highlights
- City View
- Wood Frame Window
- Storm Windows
- Property is near public transit
- Fireplace
- Central Air
About This Home
As of August 2025Investment Opportunity in Prime Location!
Unlock the potential of this promising business front and apartment building! While it requires some TLC, this property offers a fantastic opportunity for investors looking to add value and maximize returns. With its convenient location, this building is perfect for renovation enthusiasts and savvy investors alike.
Highlights:
Prime location with excellent access to transportation, amenities, and local attractions
Ideal project for renovation or redevelopment
Potential for rental income post-renovation
Competitive price point, offering strong upside potential
Opportunities for customization to suit market demand
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1904
Lot Details
- 2,200 Sq Ft Lot
- Lot Dimensions are 20x110
Parking
- On-Street Parking
Home Design
- Brick Exterior Construction
- Stone Foundation
- Shingle Roof
Interior Spaces
- 3,850 Sq Ft Home
- 2-Story Property
- Fireplace
- Wood Frame Window
- City Views
- Partial Basement
- Storm Windows
- No Kitchen Appliances
Location
- Property is near public transit
Schools
- John G. Carlisle Elementary School
- Holmes Middle School
- Holmes Senior High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 054-24-07-001.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 2, 2025
Closed on
Aug 25, 2025
Sold by
Deaton Anthony Louis
Bought by
Urartu Holdings Llc
Seller's Agent
Phillip Rice
eXp Realty, LLC
Buyer's Agent
Phillip Rice
eXp Realty, LLC
List Price
$275,000
Sold Price
$230,000
Premium/Discount to List
-$45,000
-16.36%
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,951
Avg. Annual Appreciation
17.31%
Purchase Details
Closed on
Sep 27, 2004
Sold by
Sexton Garfield
Bought by
Deaton Anthony Louis
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $230,000 | 360 American Title | |
| Warranty Deed | $230,000 | 360 American Title | |
| Warranty Deed | $150,000 | Chicago Title Insurance Co |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | Sold | $230,000 | -16.4% | $60 / Sq Ft |
| 07/22/2025 07/22/25 | Pending | -- | -- | -- |
| 07/02/2025 07/02/25 | For Sale | $275,000 | -- | $71 / Sq Ft |
Source: Northern Kentucky Multiple Listing Service
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 |
|---|---|---|---|---|
| 2025 | $1,424 | $107,500 | $20,000 | $87,500 |
| 2024 | $1,414 | $107,500 | $20,000 | $87,500 |
| 2023 | $1,432 | $107,500 | $20,000 | $87,500 |
| 2022 | $1,692 | $107,500 | $20,000 | $87,500 |
| 2021 | $1,795 | $100,000 | $12,500 | $87,500 |
| 2020 | $1,787 | $100,000 | $12,500 | $87,500 |
| 2019 | $1,805 | $100,000 | $12,500 | $87,500 |
| 2018 | $1,837 | $100,000 | $12,500 | $87,500 |
| 2017 | $1,860 | $100,000 | $25,000 | $75,000 |
| 2015 | $2,087 | $100,000 | $25,000 | $75,000 |
| 2014 | $2,168 | $100,000 | $25,000 | $75,000 |
Source: Public Records
Agents Affiliated with this Home
-
Phillip Rice
Map
Source: Northern Kentucky Multiple Listing Service
MLS Number: 633994
APN: 054-24-07-001.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NKMLS. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers.
Listing information is deemed reliable, but not guaranteed.
Copyright 2026 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.
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