NOT LISTED FOR SALE

Estimated Value: $217,985

2 Beds
4 Baths
2,900 Sq Ft
$75/Sq Ft Est. Value

Last Sold November 08, 2024

Last sale price $205,000 $71 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,358/month

19 Days on Market

Highlights

  • City View
  • Property is near public transit
  • Covered Patio or Porch
  • Tiered Deck
  • Corner Lot
  • Balcony

About This Home

As of November 2024

Great mixed use property available with tenants already in place. The first floor is a commercial storefront with great exposure at the corner of 12th & Scott, right behind the Cathedral Basilica in Covington. Currently under lease with a long term tenant in place. Large storefront, 2 restrooms, and kitchen area. 2nd & 3rd floor is a large 2 bedroom 2 bathroom apartment with private balcony. Also currently rented with a long term tenant in place. Separate Gas & Electric paid by the tenants. Newer roof and updated electrical panels. Corner lot offers plenty of on street parking. Turn key incoming producing property with a great location! Can be purchased as a package with 1808 Madison Ave in Covington for a reduced asking price.

Last Agent to Sell the Property

Joe Tucker

Paragon Realty Partners License #252737 Listed on: 08/28/2024

Last Buyer's Agent

Michael Waggoner

Keller Williams Advisors License #210767

Keller Williams Advisors

Property Details

Home Type

  • Multi-Family

Lot Details

  • Lot Dimensions are 25x90
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,900 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Vinyl Clad Windows
  • Picture Window
  • City Views
  • Partial Basement
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Outdoor Features

  • Balcony
  • Tiered Deck
  • Covered Patio or Porch

Location

  • Property is near public transit

Schools

  • Sixth District Elementary School
  • Holmes Middle School
  • Holmes Senior High School

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • The owner pays for sewer, water
  • Assessor Parcel Number 054-24-18-001.00

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Cooling: Central Air
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Owner Pays: Sewer, Water
  • Lot Size: 25x90
  • Directions: 71/75 to 12th street exit, Property is on the corner of 12th & Scott.
  • New Construction: No
  • Structure Type: Duplex
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Sixth District Elementary
  • Location Tax Legal Info:Middle or Junior School: Holmes Middle School
  • Location Tax Legal Info:High School: Holmes Senior High
  • Contract Info:Auction YN: No
  • General Property Description:Half Baths: 2
  • General Property Description:Basement YN2: Yes
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: 25x90
  • General Property Description:Approx SqFt2: 2900.0
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities Electric Company: Duke
  • Utilities Gas Company: Duke
  • Water Company: NKY Water
  • Water Source:Public: Yes
  • Location Tax Legal Info:Tax ID: 054-24-18-001.00
  • Appliances Refrigerators: Yes
  • Foundation:Stone3: Yes
  • View:City3: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Water Available: 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:Three Or More2: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Heating: Natural Gas, Forced Air
  • Levels: Three Or More
  • Property Type: MultiFamily
  • Tenant Pays: Electricity, Gas, Heat
  • Number Of Buildings: 1
  • Appliances: Washer/Dryer Stacked, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Window Features: Picture Window(s), Vinyl Frames
  • Appliances:Electric Range: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Basement:Partial: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • View: City
  • Roof: Shingle
  • Lot Features: Corner Lot, Near Public Transit
  • View: Yes
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Balcony
  • Foundation Details: Stone
  • Patio And Porch Features: Covered, Deck, Porch, Tiered Deck
  • Construction Materials:Brick2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Corner Lot: Yes
  • Window Features:Vinyl Frames: Yes
  • Patio and Porch Features:Covered: Yes
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Picture Window(s): Yes
  • Patio and Porch Features:Tiered Deck: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking Features:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: In Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Heating:Natural Gas2: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Sixth District Elementary
  • Junior High Dist: Covington Indep
  • High School: Holmes Senior High
  • Middle Or Junior School: Holmes Middle School

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Nov 8, 2024
Sold by
Pmt Properties Llc
Bought by
Astar 9 Properties Llc
Seller's Agent
Joe Tucker
Paragon Realty Partners
Buyer's Agent
Michael Waggoner
Keller Williams Advisors
List Price
$250,000
Sold Price
$205,000
Premium/Discount to List
-$45,000
-18%
Views
53
Current Estimated Value
$217,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,985
Avg. Annual Appreciation
4.95%
Original Mortgage
$146,000
Outstanding Balance
$143,431
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$74,554

Purchase Details

Closed on
Sep 29, 2006
Sold by
Mad I Llc
Bought by
Martin Stan and Martin Julie I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 3, 2005
Sold by
Taylor Edmund
Bought by
Mad I Llc
Source: Public Records
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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
Astar 9 Properties Llc $205,000 None Listed On Document
Astar 9 Properties Llc $205,000 None Listed On Document
Martin Stan $85,000 Heritage Title Llc
Mad I Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Astar 9 Properties Llc $146,000
Closed Astar 9 Properties Llc $146,000
Previous Owner Martin Stan $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2024 11/08/24 Sold $205,000 -14.6% $71 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
09/04/2024 09/04/24 Price Changed $240,000 -4.0% $83 / Sq Ft
08/28/2024 08/28/24 For Sale $250,000 -- $86 / 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 $2,716 $205,000 $10,000 $195,000
2024 $1,347 $102,400 $10,000 $92,400
2023 $1,364 $102,400 $10,000 $92,400
2022 $1,626 $102,400 $10,000 $92,400
2021 $1,831 $102,400 $10,000 $92,400
2020 $1,823 $102,400 $10,000 $92,400
2019 $1,856 $102,400 $10,000 $92,400
2018 $2,009 $102,400 $10,000 $92,400
2017 $1,870 $92,000 $20,000 $72,000
2015 $1,926 $92,000 $20,000 $72,000
2014 $1,766 $92,000 $20,000 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 625991

Northern Kentucky Multiple Listing Service

APN: 054-24-18-001.00