$305,000
SOLD DEC 11, 2024

122 Valley Dr Florence, KY 41042

6 Beds
4 Baths
-- Sq Ft
0.25 Acres

Recently Sold

2% Below List Price

4 Days on Market

Highlights

  • Cul-De-Sac
  • Mini Split Air Conditioners
  • Heat Pump System
  • Eat-In Kitchen
  • Storage

About This Home

As of December 2024

Great opportunity to start your rental empire here in Florence. This duplex offers 3 bedrooms per unit*1.5 baths per unit*Abundance of off street parking*Amazing rental history*Great location for possible future tenants*Tenants pays all utilities*Laundry in each units. Kitchen offers a walkout in the back yard. and so much more. Both units appear to clean and well maintained.

Last Agent to Sell the Property

Ronald Brossart

RE/MAX Victory + Affiliates License #204452 Listed on: 11/19/2024

RE/MAX Victory + Affiliates

Last Buyer's Agent

The Apex Group

Keller Williams Realty Services

Keller Williams Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,325

Year Built

  • Built in 1985

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac

Home Design

  • Duplex
  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Vinyl Clad Windows
  • Insulated Windows
  • Storage

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry in unit
  • Dryer

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

  • Florence Elementary School
  • Jones Middle School
  • Boone County High School

Utilities

  • Mini Split Air Conditioners
  • Central Air
  • Heat Pump System
  • Furnace
  • Separate Meters
  • 220 Volts

Listing and Financial Details

  • Tenant pays for electricity, heat, sewer, water
  • The owner pays for electricity, heat, sewer, water
  • Assessor Parcel Number 061.00-25.001.00

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,738
  • New Taxes Expense $1,226
  • Gross Income $25,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,325

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cooling: Central Air
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Owner Pays: Electricity, Heat, Sewer, Water
  • Lot Size Acres: 0.25
  • Year Built: 1985
  • Lot Size: Irrregular
  • Directions: 75 N to Florence Exit US42), Right on US 42, Right on US 25, Right on Valley Drive t the end of the street in the Cul-De-Sac.
  • New Construction: No
  • Structure Type: Duplex
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Florence Elementary
  • Location Tax Legal Info:Middle or Junior School: Jones Middle School
  • Location Tax Legal Info:High School: Boone County High
  • Contract Info:Auction YN: No
  • General Property Description:Half Baths: 2
  • General Property Description:Basement YN2: No
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: Irrregular
  • Appliances Microwave: Yes
  • Cooling:Central Air: Yes
  • Foundation:Poured Concrete: Yes
  • Parking Features Parking Total: 6
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Water Company: Boone County Water
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.25
  • Location Tax Legal Info:Tax ID: 061.00-25.001.00
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Property Ownership:EstateTrust: Yes
  • General Property Description:_pound_ of Buildings: 1
  • Foundation:Slab: Yes
  • 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
  • Owner Pays:Electricity4: Yes
  • Financial Info:New Taxes Expense: 1226.0
  • Levels:Bi-Level2: Yes
  • Electric 220 Volts3: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Storage, Eat-in Kitchen
  • Heating: Electric, Heat Pump
  • Levels: Bi-Level
  • Property Type: MultiFamily
  • Tenant Pays: Electricity, Heat, Sewer, Water
  • Number Of Buildings: 1
  • Appliances: Electric Range, Dishwasher, Dryer, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Window Features: Insulated Windows, Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen2: Yes
  • Laundry Features:In Unit: Yes
  • Interior Features:Storage11: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Cul-De-Sac
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Poured Concrete, Slab
  • Construction Materials:Brick2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Window Features:Insulated Window(s): Yes
  • Window Features:Vinyl Frames: Yes
  • Lot Features:Cul-De-Sac: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, No Garage, Off Street, On Street
  • Total Parking Spaces: 6.0
  • Parking Features:Driveway: Yes
  • Parking Features:Off Street2: Yes
  • Parking Features:On Street: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: In Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: Florence Elementary
  • Junior High Dist: Boone Co Public
  • High School: Boone County High
  • Middle Or Junior School: Jones Middle School

Lot Info

  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 25440.0
  • Number Of Units Total: 2
  • Insurance Expense: 1738.0

Tax Info

  • New Taxes Expense: 1226.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2024
Closed on
Jan 23, 2025
Sold by
Guest Bridget and Guest Mark
Bought by
Higher Ground Investments Llc
Seller's Agent
Ronald Brossart
RE/MAX Victory + Affiliates
Buyer's Agent
The Apex Group
Keller Williams Realty Services
List Price
$309,900
Sold Price
$305,000
Premium/Discount to List
-$4,900
-1.58%
Views
10
Current Estimated Value
$313,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,286
Avg. Annual Appreciation
2.20%
Original Mortgage
$244,000
Outstanding Balance
$244,000
Interest Rate
5.84%
Mortgage Type
New Conventional
Estimated Equity
$65,680

Purchase Details

Listed on
Nov 19, 2024
Closed on
Dec 11, 2024
Sold by
Coffey Salena Joann and Chandler Nancy F
Bought by
Guest Bridget and Guest Mark
Seller's Agent
Ronald Brossart
RE/MAX Victory + Affiliates
Buyer's Agent
The Apex Group
Keller Williams Realty Services
List Price
$309,900
Sold Price
$305,000
Premium/Discount to List
-$4,900
-1.58%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Outstanding Balance
$244,000
Interest Rate
5.84%
Mortgage Type
New Conventional
Estimated Equity
$65,680

Purchase Details

Closed on
Aug 1, 2000
Sold by
Schulz Todd
Bought by
Chandler Nancy F
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 -- None Listed On Document
Fiduciary Deed $305,000 Cosmopolitan Title
Deed $108,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $244,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Sold $305,000 -1.6% --
11/23/2024 11/23/24 Pending -- -- --
11/19/2024 11/19/24 For Sale $309,900 -- --
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 $1,325 $130,000 $25,000 $105,000
2023 $1,226 $130,000 $25,000 $105,000
2022 $1,232 $130,000 $25,000 $105,000
2021 $1,705 $130,000 $25,000 $105,000
2020 $1,261 $130,000 $25,000 $105,000
2019 $1,272 $130,000 $25,000 $105,000
2018 $1,399 $130,000 $25,000 $105,000
2017 $1,258 $130,000 $25,000 $105,000
2015 $1,248 $130,000 $25,000 $105,000
2013 -- $140,000 $25,000 $115,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 628233

Northern Kentucky Multiple Listing Service

APN: 061.00-25-001.00