$125,000
SOLD OCT 28, 2024
3 Beds
2 Baths
1,588 Sq Ft
0.28 Acres

Recently Sold

$79 Per Sq Ft

4% Above List Price

2 Days on Market

Highlights

  • City View
  • Wood Frame Window
  • Mini Split Air Conditioners
  • 0.28 Acre Lot
  • Fireplace
  • 4-minute walk to Senator Gus Sheehan, Jr. Park

About This Home

As of October 2024

Discover a hidden gem in Covington Ky! This duplex presents a fantastic investment opportunity with a turnkey downstairs unit and a spacious, unfinished loft ready for customization. Located in a prime location, the property offers immediate rental income from the downstairs unit and potential for significant value appreciation through loft renovation. With modern amenities like central heating and air conditioning (downstairs unit only), this duplex is a perfect choice for savvy investors or anyone seeking a promising return on investment. Don't miss out on this incredible opportunity! Contact me today to learn more.Poperty sold as is.

Last Agent to Sell the Property

Timothy Bledsoe

Keller Williams Realty Services License #284649 Listed on: 09/16/2024

Keller Williams Realty Services

Co-Listed By

Bobbie Richerson

Keller Williams Realty Services

Last Buyer's Agent

Adam Kincer

Keller Williams Realty Services License #222109

Keller Williams Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $789

Lot Details

  • 0.28 Acre Lot
  • Partially Fenced Property

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,588 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Vinyl Clad Windows
  • Wood Frame Window
  • City Views

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Laundry in Basement

Schools

  • First District Elementary School
  • Holmes Middle School
  • Holmes Senior High School

Utilities

  • Mini Split Air Conditioners
  • Cooling System Mounted In Outer Wall Opening
  • Central Air
  • Heating System Uses Natural Gas
  • Furnace
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for electricity, gas
  • Assessor Parcel Number 040-14-07-018.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$789

Lot Details

0

Listing Details

  • Cooling: Central Air, Wall Unit(s)
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Owner Pays: Electricity, Gas
  • Lot Size Acres: 0.28
  • Lot Size: irregular
  • Co List Office Mls Id: o432501236
  • Co List Office Phone: 859-240-0727
  • Directions: Turn left onto Montague rd. Turn left onto prisoners lake dr. Turn right onto West St. Turn left onto Hazen St.
  • New Construction: No
  • Structure Type: Duplex
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: First District 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: irregular
  • General Property Description:Approx SqFt2: 1588.0
  • Cooling:Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Natural Gas Available: Yes
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.28
  • General Property Description:Lot Size Square Feet: 12375.0
  • Location Tax Legal Info:Tax ID: 040-14-07-018.00
  • Appliances Refrigerators: Yes
  • Foundation:Block4: Yes
  • Laundry Features:In Basement: Yes
  • View:City3: Yes
  • Cooling:Wall Unit(s): Yes
  • Fencing:Partial2: Yes
  • Roof:Asphalt: 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:Three Or More2: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Heating: Natural Gas, Baseboard, Hot Water
  • Levels: Three Or More
  • Property Type: MultiFamily
  • Tenant Pays: Electricity, Gas
  • Number Of Buildings: 1
  • Appliances: Electric Range, Electric Oven, Refrigerator
  • Accessibility Features: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Window Features: Vinyl Frames, Wood Frames
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Basement:Partial: Yes

Exterior Features

  • View: City
  • Fencing: Partial
  • Roof: Asphalt
  • View: Yes
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Construction Materials:Vinyl Siding: Yes
  • Window Features:Vinyl Frames: Yes
  • Accessibility Features:None15: Yes
  • Window Features:Wood Frames: 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 Basement
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Heating:Natural Gas2: Yes
  • Heating:Hot Water: Yes
  • Heating:Baseboard: Yes

Schools

  • Elementary School: First District Elementary
  • Junior High Dist: Covington Indep
  • High School: Holmes Senior High
  • Middle Or Junior School: Holmes Middle School

Lot Info

  • Lot Size Sq Ft: 12375.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Oct 28, 2024
Sold by
Hay Mackenzie J
Bought by
Good Faith Homes Llc
Seller's Agent
Timothy Bledsoe
Keller Williams Realty Services
Buyer's Agent
Adam Kincer
Keller Williams Realty Services
List Price
$120,000
Sold Price
$125,000
Premium/Discount to List
$5,000
4.17%
Total Days on Market
2
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
108.76%
Original Mortgage
$136,210
Outstanding Balance
$80,460
Interest Rate
6.09%
Mortgage Type
Construction
Estimated Equity
$113,939

Purchase Details

Closed on
Jun 4, 2021
Sold by
Hay Jeffrey
Bought by
Hay Mackenzie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2014
Sold by
Hay Mackenzie
Bought by
Hay Jeffrey

Purchase Details

Closed on
Apr 28, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hay Mackenzie

Purchase Details

Closed on
Apr 8, 2013
Sold by
Redden Nathan A and Redden Roxanna C
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 27, 1996
Sold by
Lussi Peter F
Bought by
Redden Nathan A and Redden Roxanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
8.05%
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 Type Sale Price Title Company
Warranty Deed $125,000 Northwest Title
Warranty Deed $57,500 None Available
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Special Warranty Deed $23,000 None Available
Commissioners Deed $32,305 None Available
Deed $47,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $136,210 Construction
Previous Owner $30,000 New Conventional
Previous Owner $30,269 Unknown
Previous Owner $47,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2024 10/28/24 Sold $125,000 +4.2% $79 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $120,000 -- $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 $789 $60,000 $5,000 $55,000
2023 $799 $60,000 $5,000 $55,000
2022 $852 $60,000 $5,000 $55,000
2021 $598 $35,000 $5,000 $30,000
2020 $596 $35,000 $5,000 $30,000
2019 $602 $35,000 $5,000 $30,000
2018 $613 $35,000 $5,000 $30,000
2017 $434 $23,000 $5,000 $18,000
2015 $639 $23,000 $5,000 $18,000
2014 $1,187 $60,000 $5,000 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 626516

Northern Kentucky Multiple Listing Service

APN: 040-14-07-018.00