NOT LISTED FOR SALE

1155 Fairman Way Unit 105 Florence, KY 41042

Estimated Value: $147,000 - $192,000

2 Beds
2 Baths
1,064 Sq Ft
$272/mo HOA Fee

Last Sold December 28, 2020

Last sale price $123,000 $116 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,307/month

13 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Family Room
  • Erpenbeck Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of December 2020

Very nice First Floor 2 bedroom condo in the Ryle district. Split bedrooms and two full bathrooms with a large living room, laundry room and outdoor patio. HOA includes water, sanitation, hazard insurance, garbage, access to pool, clubhouse and more. No FHA Financing. Huntington Bank offers a 3% conventional loan to qualified Buyers. New Roof November 2020.

Last Agent to Sell the Property

Brian Davis

Copperwood Realty Group LLC License #266565 Listed on: 10/21/2020

Last Buyer's Agent

Kimberly Stallsworth

Keller Williams Realty Servs

Keller Williams Realty Servs

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,141

Year Built

  • Built in 2008

Lot Details

  • 305

HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,064 Sq Ft Home
  • Insulated Windows
  • Aluminum Window Frames
  • Family Room
  • Formal Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Erpenbeck Elementary School
  • Ockerman Middle School
  • Ryle High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Towne Properties Association, Phone Number (859) 291-5858

Listing and Financial Details

  • Assessor Parcel Number 062.00-44-105.02

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,141

Year Built

Built in 2008

Lot Details

0

HOA Fees

$272 per month

Listing Details

  • Cooling: Central Air
  • Property Sub Type: Condominium
  • Year Built: 2008
  • Lot Size: 0
  • Directions: US 42 to Plantation Pointe, Right on Pointe Preston Drive, Left on Fairman Way
  • Architectural Style: Other, Ranch
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Apartment
  • ResoPropertyType: Residential
  • Location Tax Legal Info:Property Attached YN: Yes
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Erpenbeck Elementary
  • Location Tax Legal Info:Middle or Junior School: Ockerman Middle School
  • Location Tax Legal Info:High School: Ryle High
  • Contract Info:Auction YN: No
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: 0
  • General Property Description:Approx SqFt2: 1064.0
  • Architecture:Ranch: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities Gas Company: Duke Energy
  • Water Source:Public: Yes
  • Room Details:Family Room YN: Yes
  • Room Details:Formal Dining Rm YN: Yes
  • Location Tax Legal Info:Tax ID: 062.00-44-105.02
  • Foundation:Slab: Yes
  • Condo Information:Entry Level: 1
  • Condo Information:Elevator(s)2: No
  • Structure Type:Apartment: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Heating: Natural Gas, Forced Air
  • Levels: One
  • Entry Level: 1
  • Property Type: Residential
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Window Features: Aluminum Frames, Insulated Window(s)
  • Basement:None10: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Construction Materials:Brick2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Window Features:Insulated Window(s): Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street2: Yes
  • Condo Information:Direct Entry Garage-Unit: No
  • Condo Information:Direct Entry Garage-Building: No

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

Condo/Co-op/Association

  • Association #2 Fee: 150.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 258.72
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Information:Association YN: Yes
  • Association Information:Association Management Name 1: Towne Properties
  • Association Information:Association Management Phone 1: 859 291-5858
  • Association Information:Total Yearly Fees: 2496.0
  • Association Information:Association Fee: 258.72
  • Association Information:Association Fee Frequency: Monthly
  • Association Information:Association Fee 2: 150.0
  • Association Information:Association Fee 2 Frequency: Annually

Schools

  • Elementary School: Erpenbeck Elementary
  • Junior High Dist: Boone Co Public
  • High School: Ryle High
  • Middle Or Junior School: Ockerman Middle School

Lot Info

  • Zoning Description: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2021
Sold by
Stansberry Glenn and Stansberry Karen
Bought by
Worthington Richard Lee
Current Estimated Value
$171,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,310
Outstanding Balance
$111,519
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$73,170

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 28, 2020
Sold by
Bdavis Properties Llc
Bought by
Stansberry Glenn and Stansberry Karen
Seller's Agent
Brian Davis
Copperwood Realty Group LLC
Buyer's Agent
Kimberly Stallsworth
Keller Williams Realty Servs
List Price
$125,000
Sold Price
$123,000
Premium/Discount to List
-$2,000
-1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%

Purchase Details

Closed on
Jan 22, 2019
Sold by
Davis Brian L
Bought by
Bdavis Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 29, 2016
Sold by
Bank Of America Na
Bought by
Davis Brian Lewis

Purchase Details

Closed on
May 10, 2016
Sold by
Houp Scott E
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 30, 2006
Sold by
Preston Condominiums Llc
Bought by
Houp Scott E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.33%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Worthington Richard Lee $123,000 360 American Title
Worthington Richard Lee $123,000 360 American Title
Stansberry Glenn $123,000 360 American Title Svcs Llc
Bdavis Properties Llc -- None Available
Davis Brian Lewis $60,000 None Available
Bank Of America Na $43,334 None Available
Houp Scott E $116,270 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Worthington Richard Lee $119,310
Previous Owner Bdavis Properties $300,000
Previous Owner Bdavis Properties Llc $200,000
Previous Owner Houp Scott E $95,734
Previous Owner Houp Scott E $0
Previous Owner Houp Scott E $23,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $123,000 -1.6% $116 / Sq Ft
11/08/2020 11/08/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $125,000 +1.6% $117 / Sq Ft
10/26/2020 10/26/20 Off Market $123,000 -- --
10/26/2020 10/26/20 For Sale $125,000 -- $117 / 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 $1,141 $118,000 $0 $118,000
2023 $1,113 $118,000 $0 $118,000
2022 $1,118 $118,000 $0 $118,000
2021 $1,486 $118,000 $0 $118,000
2020 $902 $93,000 $0 $93,000
2019 $636 $65,000 $0 $65,000
2018 $700 $65,000 $0 $65,000
2017 $629 $65,000 $0 $65,000
2015 $624 $65,000 $0 $65,000
2013 -- $109,770 $0 $109,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 543047

Northern Kentucky Multiple Listing Service

APN: 062.00-44-105.02