NOT LISTED FOR SALE

1107 Hermes Ave Unit 9 Covington, KY 41011

Lewisburg Neighborhood

Estimated Value: $229,000 - $393,000

4 Beds
2 Baths
2,104 Sq Ft
$150/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $155,000 $74 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,890/month

7 Days on Market

Highlights

  • City View
  • Wood Frame Window
  • Storm Windows
  • Property is near public transit
  • Porch
  • Mini Split Air Conditioners

About This Home

As of July 2022

Great rental opportunity for this side by side 2 unit duplex., Living room, large kitchen, 2 bedroom 1 bath on each side. Currently rented out for $1000 each side. Great ROI.. New a/c unit, New Roof.

Last Agent to Sell the Property

Tonya Holt McMahon

eXp Realty, LLC Listed on: 06/10/2022

Last Buyer's Agent

Cassie Kathman

eXp Realty, LLC License #215689

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,038

Lot Details

  • 5,155 Sq Ft Lot
  • Lot Dimensions are 39x125
  • Aluminum or Metal Fence

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,104 Sq Ft Home
  • 2-Story Property
  • Non-Functioning Fireplace
  • Awning
  • Wood Frame Window
  • City Views
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit

Schools

  • John G. Carlisle Elementary School
  • Holmes Middle School
  • Holmes Senior High School

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating and Cooling System
  • Furnace
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 041-33-05-011.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,038

Lot Details

0

Listing Details

  • Cooling: Central Air
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.12
  • Lot Size: 39x125
  • Directions: 75 to W Pike to left Hermes
  • New Construction: No
  • Structure Type: Duplex
  • 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
  • Contract Info:Auction YN: No
  • General Property Description:Basement YN2: Yes
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: 39x125
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Natural Gas Available: Yes
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.1183
  • General Property Description:Living Area: 2104.0
  • General Property Description:Lot Size Square Feet: 5155.0
  • Security Features:Smoke Detector(s): Yes
  • Location Tax Legal Info:Tax ID: 041-33-05-011.00
  • 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
  • General Property Description:Number Of Units Total: 2
  • Structure Type:Duplex: Yes
  • Levels:Two2: Yes
  • Fencing:Metal4: Yes
  • Special Features: None

Interior Features

  • Heating: Forced Air
  • Levels: Two
  • Property Type: MultiFamily
  • Number Of Buildings: 1
  • Appliances: Electric Oven, Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Inoperable
  • Fireplace: No
  • Living Area: 2104.0
  • Window Features: Storm Window(s), Wood Frames
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Fireplace Features:Inoperable: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • View: City
  • Fencing: Metal
  • Roof: Shingle
  • Lot Features: Near Public Transit
  • View: Yes
  • Construction Type: Aluminum Siding
  • Foundation Details: Stone
  • Patio And Porch Features: Patio, Porch
  • Patio and Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Wood Frames: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Patio and Porch Features:Awning(s): Yes
  • Window Features:Storm Window(s): 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
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • 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: 5155.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 18, 2022
Sold by
Equity Trust Company
Bought by
Farley Michael Charles and Farley Louanda
Seller's Agent
Tonya Holt McMahon
eXp Realty, LLC
Buyer's Agent
Cassie Kathman
eXp Realty, LLC
List Price
$160,000
Sold Price
$155,000
Premium/Discount to List
-$5,000
-3.12%
Current Estimated Value
$316,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,272
Avg. Annual Appreciation
20.77%
Original Mortgage
$116,250
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2020
Sold by
Thurner Joanne and Thurner Andrew
Bought by
Equity Trust and Rice

Purchase Details

Closed on
Oct 31, 2019
Sold by
Thurner Joanne
Bought by
Thurner Joanne and Thurner Andrew
Source: Public Records

Range of Values:

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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
Farley Michael Charles $1,550,000 Dressman Benzinger & Lavelle P
Equity Trust $58,000 None Listed On Document
Thurner Joanne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farley Michael Charles $240,000
Closed Farley Michael Charles $116,250
Previous Owner Thurner Andrew $96,327
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $155,000 -3.1% $74 / Sq Ft
06/18/2022 06/18/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $160,000 -- $76 / 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 $2,038 $155,000 $5,000 $150,000
2023 $2,093 $155,000 $5,000 $150,000
2022 $826 $58,000 $5,000 $53,000
2021 $942 $58,000 $5,000 $53,000
2020 $1,042 $65,000 $5,000 $60,000
2019 $1,053 $65,000 $5,000 $60,000
2018 $496 $65,000 $5,000 $60,000
2017 $502 $65,000 $5,000 $60,000
2015 $895 $65,000 $5,000 $60,000
2014 $684 $65,000 $5,000 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 604916

Northern Kentucky Multiple Listing Service

APN: 041-33-05-011.00