NOT LISTED FOR SALE

Estimated Value: $84,267

Studio
3 Baths
-- Sq Ft
1,742 Sq Ft Lot

Last Sold March 31, 2023

Last sale price $65,000

Est. 30% increase in value since last sale

Current estimated payment $512/month

2 Days on Market

Highlights

  • Fireplace
  • Efficiency Studio Dwelling Unit
  • No Heating

About This Home

As of March 2023

Rehab opportunity on what was a 4 unit building! 3 residential units and 1 store front. There was a fire in the building and it has extensive damage but this will be an amazing Fix and flip or hold for a long term rental. Covington brings tons of opportunity here things and great things are happening in this incredible city. This build is being sold as is. All offers will be reviewed Monday 3/13 at 11am

Last Agent to Sell the Property

Ben Neltner

Neltner Realty License #230615 Listed on: 03/10/2023

Last Buyer's Agent

Jeff Kessen

Neltner Realty License #219082

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1,742

Home Design

  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 3-Story Property
  • Fireplace
  • Partial Basement
  • No Kitchen Appliances

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Schools

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

Utilities

  • No Cooling
  • No Heating
  • Cable TV Available

Additional Features

  • 1,742 Sq Ft Lot
  • Efficiency Studio Dwelling Unit

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 055-11-30-015.00

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Cooling: None
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.04
  • Lot Size: of record
  • Directions: MLK to russell building on the left
  • New Construction: No
  • 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: of record
  • Remarks Misc:Agent Only Remarks: Build has extensive damage on 3rd floor please exercise caution. Please stay off 3rd floor
  • Parking Features Parking Total: 2
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities Electric Company: duke
  • Utilities Gas Company: duke
  • Water Company: nkwd
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.04
  • General Property Description:Lot Size Square Feet: 1742.0
  • Location Tax Legal Info:Tax ID: 055-11-30-015.00
  • Foundation:Stone3: Yes
  • Cooling:None9: Yes
  • General Property Description:_pound_ of Buildings: 1
  • General Property Description:Number Of Units Total: 4
  • Levels:Three Or More2: Yes
  • Unit Info:Efficiency Units: 1
  • Unit Type:Efficiency: Yes
  • Special Features: None

Interior Features

  • Heating: None
  • Levels: Three Or More
  • Property Type: MultiFamily
  • Number Of Buildings: 1
  • Appliances: None
  • Fireplace: No
  • Window Features: Other
  • Basement:Partial: Yes
  • Appliances:None18: Yes

Exterior Features

  • Roof: Other
  • Construction Type: Brick
  • Foundation Details: Stone
  • Construction Materials:Brick2: Yes
  • Window Features:Other9: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, On Street
  • Total Parking Spaces: 2.0
  • Parking Features:Off Street2: Yes
  • Parking Features:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No
  • Utilities: Cable Available, Natural Gas Available
  • Heating:None5: 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: 1742.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Mar 22, 2023
Sold by
Deaton Thomas
Bought by
Lucky Shoe Properties Covington Llc
Seller's Agent
Ben Neltner
Neltner Realty
Buyer's Agent
Jeff Kessen
Neltner Realty
List Price
$59,900
Sold Price
$65,000
Premium/Discount to List
$5,100
8.51%
Views
24
Current Estimated Value
$84,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,267
Avg. Annual Appreciation
9.61%

Purchase Details

Closed on
Aug 20, 2008
Sold by
Wilson Chris and Wilson Leah
Bought by
Deaton Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2008
Sold by
Cozzart Investments Llc
Bought by
Wilson Chris

Purchase Details

Closed on
Nov 13, 2007
Sold by
Kaj Properties Of Kentucky Llc
Bought by
Cozzart Investments Llc

Purchase Details

Closed on
Oct 31, 2007
Sold by
Kaj Properties Of Kentucky Llc
Bought by
Cozzart Investments Llc

Purchase Details

Closed on
Feb 10, 2006
Sold by
Rich James and Rich Denise
Bought by
Kaj Properties Of Kentucky Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,225
Interest Rate
6.14%
Mortgage Type
Commercial
Source: Public Records
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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
Lucky Shoe Properties Covington Llc $65,000 --
Deaton Thomas $65,000 None Available
Wilson Chris $15,000 None Available
Cozzart Investments Llc $15,500 None Available
Cozzart Investments Llc -- Old National Title
Kaj Properties Of Kentucky Llc $42,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deaton Thomas $52,000
Previous Owner Kaj Properties Of Kentucky Llc $81,225
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $65,000 +8.5% --
03/13/2023 03/13/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $59,900 -- --
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
2025 $861 $65,000 $20,000 $45,000
2024 $855 $65,000 $20,000 $45,000
2023 $1,132 $85,000 $20,000 $65,000
2022 $1,365 $85,000 $20,000 $65,000
2021 $1,461 $80,000 $20,000 $60,000
2020 $1,455 $80,000 $20,000 $60,000
2019 $1,469 $80,000 $20,000 $60,000
2018 $1,664 $80,000 $20,000 $60,000
2017 $1,605 $75,000 $20,000 $55,000
2015 $1,620 $75,000 $20,000 $55,000
2014 $1,701 $75,000 $20,000 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 611852

Northern Kentucky Multiple Listing Service

APN: 055-11-30-015.00