Seller's Agent in 2021
Steve Briner
Simple Fee Realty
(859) 652-0649
1 in this area
124 Total Sales
1542 Scott St Covington, KY 41011
Helentown NeighborhoodEstimated Value: $263,000 - $352,000
5
Beds
3
Baths
2,331
Sq Ft
$131/Sq Ft
Est. Value
Highlights
- Wood Frame Window
- Forced Air Heating and Cooling System
- Privacy Fence
- Mini Split Air Conditioners
About This Home
As of April 20213 unit - 5BR/3BA apartment building minutes from downtown! Updated units with CAP rate over 10%. Rare double lot with spacious side yard and off Street parking. Updates to the property in the last year: New Central HVAC for each unit, Brand new Furnace for each unit, Brand new AC Units, Updated electric meters and mounted on exterior for easy access by Duke, Updated and Brandnew electric panels for each unit, new landscaping and privacy fence for property, expanded rear parking area with new landscaping and pea gravel, space to fit four cars in the rear. Each unit has full kitchen.
Last Agent to Sell the Property
Simple Fee Realty License #222240 Listed on: 04/05/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,827
Lot Details
- 6,159 Sq Ft Lot
- Lot Dimensions are 154x41x154x40
- Privacy Fence
- Wood Fence
Parking
- 4 Car Garage
- No Garage
- On-Street Parking
- Off-Street Parking
Home Design
- Triplex
- Brick Exterior Construction
- Stone Foundation
- Shingle Roof
Interior Spaces
- 2,331 Sq Ft Home
- 3-Story Property
- Wood Frame Window
- Partial Basement
- Fire and Smoke Detector
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Schools
- Sixth District Elementary School
- Holmes Middle School
- Holmes Senior High School
Utilities
- Mini Split Air Conditioners
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Furnace
- Separate Meters
- 220 Volts
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 055-13-13-031.00
Community Details
Overview
- 3 Units
Building Details
- Insurance Expense $3,410
- Maintenance Expense $1,750
- Water Sewer Expense $500
- New Taxes Expense $3,340
- Gross Income $18,155
- Net Operating Income $9,155
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 5, 2021
Closed on
Apr 15, 2021
Sold by
Landrum James L and Landrum Lois W
Bought by
Central Avenue Properties Llc and Central Avenue Properties Ltd Co
Seller's Agent
Steve Briner
Simple Fee Realty
Buyer's Agent
Cindy Bruner
Huff Realty - Ft. Mitchell
List Price
$209,000
Sold Price
$215,000
Premium/Discount to List
$6,000
2.87%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,415
Avg. Annual Appreciation
9.18%
Original Mortgage
$180,000
Outstanding Balance
$82,517
Interest Rate
2.9%
Mortgage Type
Unknown
Estimated Equity
$230,832
Purchase Details
Closed on
Nov 20, 2019
Sold by
Williams Edwin Gex and Williams Rachel
Bought by
Landrum James L and Landrum Lois W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 9, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Williams Edwin Gex and Williams Rachel
Purchase Details
Closed on
Aug 24, 2015
Sold by
Jim Samuel S
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Sep 2, 2004
Sold by
Wilson Donald W and Wilson Marie A
Bought by
Jim Samuel S and Jim Mary E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
5.65%
Mortgage Type
Unknown
Purchase Details
Closed on
May 22, 2003
Sold by
Jim Samuel S and Jim Mary E
Bought by
Jim Samuel S and Jim Mary E
Purchase Details
Closed on
Nov 29, 1999
Sold by
Home Savings Bank
Bought by
Wilson Donald W and Samuel Jim
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Central Avenue Properties Llc | $215,000 | None Available | |
| Landrum James L | $180,000 | None Available | |
| Williams Edwin Gex | $30,050 | Attorney | |
| Federal Home Loan Mortgage Corporation | $26,701 | None Available | |
| Jim Samuel S | $40,000 | -- | |
| Jim Samuel S | -- | -- | |
| Wilson Donald W | $17,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | The Properties Ltd | $180,000 | |
| Previous Owner | Landrum James L | $135,000 | |
| Previous Owner | Jim Samuel S | $71,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/19/2021 04/19/21 | Sold | $215,000 | +2.9% | $92 / Sq Ft |
| 04/05/2021 04/05/21 | Pending | -- | -- | -- |
| 04/05/2021 04/05/21 | For Sale | $209,000 | -- | $90 / Sq Ft |
Source: Northern Kentucky Multiple Listing Service
Tax History Compared to Growth
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 | $2,827 | $215,000 | $5,000 | $210,000 |
| 2023 | $2,864 | $215,000 | $5,000 | $210,000 |
| 2022 | $2,858 | $215,000 | $5,000 | $210,000 |
| 2021 | $2,766 | $180,000 | $3,000 | $177,000 |
| 2020 | $2,752 | $180,000 | $3,000 | $177,000 |
| 2019 | $526 | $30,000 | $3,000 | $27,000 |
| 2018 | $536 | $30,000 | $3,000 | $27,000 |
| 2017 | $543 | $30,000 | $5,000 | $25,000 |
| 2015 | $1,777 | $80,000 | $5,000 | $75,000 |
| 2014 | $1,694 | $80,000 | $5,000 | $75,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Cindy Bruner
Huff Realty - Ft. Mitchell
(513) 708-6642
3 in this area
155 Total Sales
Map
Source: Northern Kentucky Multiple Listing Service
MLS Number: 547361
APN: 055-13-13-031.00
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