NOT LISTED FOR SALE

1157 Fairman Way Unit 211 Florence, KY 41042

Estimated Value: $190,000 - $219,000

2 Beds
2 Baths
1,438 Sq Ft
$140/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $172,900 $120 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,531/month

1 Day on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Transitional Architecture
  • Erpenbeck Elementary School Rated A
  • Clubhouse
  • Bonus Room

About This Home

As of October 2023

Well maintained 2nd floor condo with two bedrooms and two full bathrooms with an oversized living room, dining room, laundry room and large deck. Bonus room could be used as 3rd bedroom if needed. HOA includes water, sanitation, garbage, snow removal, access to pool, clubhouse and more.

Last Agent to Sell the Property

Sherry Clark

Coldwell Banker Realty FM License #223056 Listed on: 08/21/2023

Coldwell Banker Realty FM

Last Buyer's Agent

Kathy Crawford

ERA Real Solutions Realty License #266560

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,637

Year Built

  • Built in 2007

Lot Details

  • Landscaped

HOA Fees

  • $324 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,438 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Insulated Windows
  • Entryway
  • Family Room
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Neighborhood Views

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer Hookup

Parking

  • 168 Parking Spaces
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 062.00-44-211.02

Community Details

Overview

  • Association fees include association fees, management, snow removal, trash, water
  • Vertex Association, Phone Number (859) 491-5711

Recreation

  • Community Pool
  • Snow Removal

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,637

Year Built

Built in 2007

Lot Details

0

HOA Fees

$324 per month

Listing Details

  • Cooling: Central Air
  • Property Condition: Existing Structure
  • Property Sub Type: Condominium
  • Year Built: 2007
  • Lot Size: of record
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Directions: US 42 South, left on Weatherington, right on Pointe Preston, left on Fairman Way
  • Architectural Style: Transitional
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: House
  • 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:Basement YN2: No
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: of record
  • Appliances Microwave: Yes
  • Cooling:Central Air: Yes
  • Parking Features Parking Total: 168
  • Roof:Shingle: Yes
  • Room Type:Dining Room4: Yes
  • Room Type:Entry: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Utilities:Cable Available: Yes
  • Utilities Electric Company: Duke Energy
  • Water Company: HOA pays
  • Water Source:Public: Yes
  • Room Details:Family Room YN: Yes
  • Room Details:Formal Dining Rm YN: Yes
  • General Property Description:Living Area: 1438.0
  • Structure Type:House: Yes
  • Laundry Features:Laundry Room2: Yes
  • Laundry Features:Main Level: Yes
  • Location Tax Legal Info:Tax ID: 062.00-44-211.02
  • Appliances Refrigerators: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Room Type:Living Room4: Yes
  • Architecture:Transitional: Yes
  • Room Type:Bonus Room2: Yes
  • Pool Features:In Ground: Yes
  • Foundation:Slab: Yes
  • Condo Information:Entry Level: 1
  • Pets Allowed:Pets Allowed: Yes
  • Condo Information:Elevator(s)2: No
  • Pets Allowed:Cats OK: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Open Floorplan
  • Heating: Heat Pump, Electric
  • Levels: One
  • Entry Level: 1
  • Property Type: Residential
  • Pets Allowed: Cats OK
  • Appliances: Electric Oven, Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 1438.0
  • Window Features: Insulated Windows
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Open Floorplan: Yes

Exterior Features

  • View: Neighborhood
  • Roof: Shingle
  • Pool Features: In Ground
  • View: Yes
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Construction Materials:Brick2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Window Features:Insulated Window(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Total Parking Spaces: 168.0
  • Condo Information:Direct Entry Garage-Unit: No
  • Condo Information:Direct Entry Garage-Building: No
  • Parking Features:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Amenities: Landscaping, Pool, Clubhouse
  • Association Fee: 324.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Information:Association YN: Yes
  • Association Information:Association Management Name 1: Vertex
  • Association Information:Association Management Phone 1: 859-491-5711
  • Association Information:Total Yearly Fees: 3888.0
  • Association Fee Includes:Association Fees: Yes
  • Association Fee Includes:Snow Removal: Yes
  • Association Information:Association Fee: 324.0
  • Association Information:Association Fee Frequency: Monthly
  • Association Amenities:Management: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Pool5: Yes
  • Association Amenities:Landscaping: Yes
  • Association Fee Includes:Water: Yes

Fee Information

  • Association Fee Includes: Association Fees, Management, Snow Removal, Trash, Water

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

Listed on
Aug 21, 2023
Closed on
Oct 27, 2023
Sold by
Allen Laura E and Allen Julia L
Bought by
Baverman Abby
Seller's Agent
Sherry Clark
Coldwell Banker Realty FM
Buyer's Agent
Kathy Crawford
ERA Real Solutions Realty
List Price
$172,900
Sold Price
$172,900
Views
40
Current Estimated Value
$201,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,446
Avg. Annual Appreciation
8.12%
Original Mortgage
$161,662
Outstanding Balance
$158,738
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$42,608

Purchase Details

Listed on
Aug 21, 2020
Closed on
Oct 30, 2020
Sold by
Pellegrini Sarah E
Bought by
Allen Laura E and Allen Julia L
Seller's Agent
Julie Schaefer
Huff Realty - Florence
Buyer's Agent
Mike Spicer
Coldwell Banker Realty FM
List Price
$118,000
Sold Price
$118,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.63%
Original Mortgage
$112,100
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2018
Sold by
Green Rachel D
Bought by
Pellegrini Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,200
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2015
Sold by
Daugherty David and Daugherty Jenny
Bought by
Green Rachel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,570
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2012
Sold by
Bayview Loan Servicing Llc
Bought by
Daugherty Jenny and Daugherty David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,800
Interest Rate
3.64%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 6, 2012
Sold by
Michel Erin and Gross Michael
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Aug 22, 2007
Sold by
Hills Homes Of Kentucky Llc
Bought by
Michel Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,893
Interest Rate
6.65%
Mortgage Type
New Conventional
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
Baverman Abby $172,900 Chicago Title
Baverman Abby $172,900 Chicago Title
Allen Laura E $118,000 360 American Title Svcs Llc
Pellegrini Sarah E $96,000 Prodingy Title Agency
Green Rachel D $81,000 Springdale Title Llc
Daugherty Jenny $68,500 Springdale Title Llc
Bayview Loan Servicing Llc $119,506 None Available
Michel Erin $120,894 Sterling Land Title Agency I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baverman Abby $161,662
Closed Baverman Abby $161,662
Previous Owner Allen Laura E $112,100
Previous Owner Pellegrini Sarah E $91,200
Previous Owner Green Rachel D $78,570
Previous Owner Daugherty Jenny $54,800
Previous Owner Michel Erin $120,893
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2023 10/27/23 Sold $172,900 0.0% $120 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $172,900 +46.5% $120 / Sq Ft
10/30/2020 10/30/20 Sold $118,000 0.0% -- View Prior Sale
09/17/2020 09/17/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $118,000 0.0% --
09/11/2020 09/11/20 Pending -- -- --
09/06/2020 09/06/20 For Sale $118,000 0.0% --
09/02/2020 09/02/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $118,000 -- --
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
2024 $1,637 $172,900 $0 $172,900
2023 $1,132 $120,000 $0 $120,000
2022 $1,137 $120,000 $0 $120,000
2021 $1,486 $118,000 $0 $118,000
2020 $1,038 $107,000 $0 $107,000
2019 $939 $96,000 $0 $96,000
2018 $853 $81,000 $0 $81,000
2017 $784 $81,000 $0 $81,000
2015 $749 $78,000 $0 $78,000
2013 -- $108,000 $0 $108,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 616348

Northern Kentucky Multiple Listing Service

APN: 062.00-44-211.02