$205,000
SOLD NOV 8, 2024
2 Beds
4 Baths
2,900 Sq Ft
1,830 Sq Ft Lot

Recently Sold

$71 Per Sq Ft

18% Below List Price

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

Est. Annual Taxes

  • $1,347

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

Est. Annual Taxes

$1,347

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
$218,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,518
Avg. Annual Appreciation
7.35%
Original Mortgage
$146,000
Outstanding Balance
$143,870
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$74,648

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $205,000 None Listed On Document
Warranty Deed $205,000 None Listed On Document
Deed $85,000 Heritage Title Llc
Commissioners Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $146,000 New Conventional
Closed $146,000 New Conventional
Previous Owner $68,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $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

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 625991

Northern Kentucky Multiple Listing Service

APN: 054-24-18-001.00