NOT LISTED FOR SALE

Estimated Value: $878,946

4 Beds
6 Baths
-- Sq Ft
3,393 Sq Ft Lot

Last Sold August 04, 2021

Last sale price $630,000

Est. 40% increase in value since last sale

Current estimated payment $5,292/month

25 Days on Market

Highlights

  • Property is near public transit
  • Forced Air Heating and Cooling System
  • Efficiency Studio Dwelling Unit
  • Mini Split Air Conditioners

About This Home

As of August 2021

Prestigious corner building fully renovated into 4 high quality rental units. Each unit is fully equipped w/appliances, current design finishes, restored hardwood floors and separate utilities. Every square inch of this building has been reworked so you have nothing to do but start interviewing tenants. Any of these would be great for owner occupied. Be a part of all the energy happening in the Westside Neighborhood.

Last Agent to Sell the Property

Rebecca Weber

Huff Realty - Ft. Mitchell Listed on: 06/24/2021

Co-Listed By

Shawn Masters

Huff Realty - Ft. Mitchell

Last Buyer's Agent

Joey Zembrodt

Huff Realty - Florence License #206943

Huff Realty - Florence

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,393

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Vinyl Clad Windows
  • Basement Fills Entire Space Under The House

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage
  • Off-Street Parking

Schools

  • John G. Carlisle 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

Additional Features

  • 3,393 Sq Ft Lot
  • Efficiency Studio Dwelling Unit
  • Property is near public transit

Community Details

  • 4 Units
  • Vonhoene & Overman Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • The owner pays for sewer, water
  • Assessor Parcel Number 054-22-08-017.00

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Cooling: Central Air
  • Property Condition: Unknown
  • Property Sub Type: Multi Family
  • Owner Pays: Sewer, Water
  • Lot Size Acres: 0.08
  • Lot Size: 33x96 irregular
  • Co List Office Mls Id: o432500052
  • Co List Office Phone: 859-341-7400
  • Subdivision Name: Vonhoene & Overman
  • Directions: From 71/75 12th St exit to L on Holman L on Orchard R on Lee
  • New Construction: No
  • Structure Type: Quadruplex
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: John G. Carlisle Elementary
  • Location Tax Legal Info:Middle or Junior School: Holmes Middle School
  • Location Tax Legal Info:High School: Holmes Senior High
  • Location Tax Legal Info:Subdivision2: Other
  • Contract Info:Auction YN: No
  • General Property Description:Half Baths: 2
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: 33x96 irregular
  • Remarks Misc:Agent Only Remarks: Building is fully vacant ready and ready for you to fill with your own tenants. Current set up is (2) two bed, 1.5 baths and (2) efficiency units. All have private laundry. Two parking spaces included.
  • Appliances Microwave: Yes
  • Cooling:Central Air: Yes
  • Parking Features Parking Total: 2
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Natural Gas Available: Yes
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.0779
  • General Property Description:Lot Size Square Feet: 3393.32
  • Location Tax Legal Info:Tax ID: 054-22-08-017.00
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Foundation:Stone3: 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: 4
  • Levels:Three Or More2: Yes
  • Unit Info:Efficiency Units: 2
  • Unit Type:Efficiency: Yes
  • Structure Type:Quadruplex: Yes
  • Special Features: None

Interior Features

  • Heating: Natural Gas, Forced Air
  • Levels: Three Or More
  • Property Type: MultiFamily
  • Tenant Pays: Electricity, Gas, Heat
  • Number Of Buildings: 1
  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Window Features: 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
  • Foundation Details: Stone
  • Construction Materials:Brick2: Yes
  • Window Features:Vinyl Clad Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Off Street
  • Total Parking Spaces: 2.0
  • Parking Features:Off Street2: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Heating:Natural Gas2: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: John G. Carlisle Elementary
  • Junior High Dist: Covington Indep
  • High School: Holmes Senior High
  • Middle Or Junior School: Holmes Middle School

Lot Info

  • Lot Size Sq Ft: 3393.32
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2021
Sold by
1039 Lee St Llc
Bought by
1039 Lee St Llc
Current Estimated Value
$878,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Outstanding Balance
$431,764
Interest Rate
3.09%
Estimated Equity
$447,182

Purchase Details

Listed on
Jun 24, 2021
Closed on
Aug 30, 2021
Sold by
Ostendorf Thomas W and Ostendorf Elizabeth
Bought by
1039 Lee Street Llc
Seller's Agent
Rebecca Weber
Huff Realty - Ft. Mitchell
Buyer's Agent
Joey Zembrodt
Huff Realty - Florence
List Price
$679,000
Sold Price
$630,000
Premium/Discount to List
-$49,000
-7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%

Purchase Details

Listed on
Jun 24, 2021
Closed on
Aug 3, 2021
Sold by
1039 Lee Street Llc
Bought by
Ostendorf Thomas W and Oconnor Ryan B
Seller's Agent
Rebecca Weber
Huff Realty - Ft. Mitchell
Buyer's Agent
Joey Zembrodt
Huff Realty - Florence
List Price
$679,000
Sold Price
$630,000
Premium/Discount to List
-$49,000
-7.22%

Purchase Details

Closed on
Aug 28, 2019
Sold by
Piatt Property Llc
Bought by
1039 Lee Street Llc

Purchase Details

Closed on
May 6, 2019
Sold by
Martin Aaron P and The Bank Of New York Mellon
Bought by
Piatt Property Llc

Purchase Details

Closed on
Jul 5, 2006
Sold by
Schenk R James and Schenk Eileen A
Bought by
Martin Aaron P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Interest Rate
8.12%
Mortgage Type
Commercial
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
1039 Lee St Llc -- None Available
1039 Lee Street Llc -- None Available
Ostendorf Thomas W $630,000 None Available
1039 Lee Street Llc -- None Available
Piatt Property Llc $72,000 None Available
Martin Aaron P $91,000 Heritage Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1039 Lee St Llc $472,500
Previous Owner Martin Aaron P $81,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2021 08/04/21 Sold $630,000 -3.1% --
07/19/2021 07/19/21 Pending -- -- --
07/14/2021 07/14/21 Price Changed $649,900 -4.3% --
06/24/2021 06/24/21 For Sale $679,000 -- --
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
2025 $8,348 $630,000 $20,000 $610,000
2024 $8,285 $630,000 $20,000 $610,000
2023 $8,392 $630,000 $20,000 $610,000
2022 $8,456 $630,000 $20,000 $610,000
2021 $1,660 $91,000 $10,000 $81,000
2020 $1,653 $91,000 $10,000 $81,000
2019 $1,669 $91,000 $10,000 $81,000
2018 $1,699 $91,000 $10,000 $81,000
2017 $1,719 $91,000 $10,000 $81,000
2015 $2,380 $91,000 $10,000 $81,000
2014 $2,296 $91,000 $10,000 $81,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 550061

Northern Kentucky Multiple Listing Service

APN: 054-22-08-017.00