NOT LISTED FOR SALE

1621 Marcella Dr Unit 23 Covington, KY 41011

Estimated Value: $287,081 - $370,000

4 Beds
2 Baths
1,870 Sq Ft
$167/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $200,500 $107 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,795/month

1 Day on Market

Highlights

  • Mini Split Air Conditioners
  • 1-Story Property
  • 2 Car Garage
  • Fort Wright Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

LOCATION, LOCATION, LOCATION*Investment Opportunity*Minutes to Downtown Cincinnati, Airport, Interstate and Shopping*Each unit has 1 car garage*SOLD AS IS*Tenant Occupied*

Last Agent to Sell the Property

CoCo James

RE/MAX Victory + Affiliates License #210182 Listed on: 04/29/2021

RE/MAX Victory + Affiliates

Last Buyer's Agent

Holly Nally

Huff Realty - Florence License #205307

Huff Realty - Florence

Property Details

Home Type

  • Multi-Family

Lot Details

  • 9,148

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Aluminum Window Frames
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Ft Wright Elementary School
  • Woodland Middle School
  • Scott High School

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters

Community Details

  • 2 Units
  • Erpenbeck Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, heat, water
  • Assessor Parcel Number 041-20-00-142.02

Property Details

Home Type

Multi-Family

Lot Details

0

Parking

2

Listing Details

  • Cooling: Central Air
  • Property Condition: Unknown
  • Property Sub Type: Multi Family
  • Lot Size: Irregular
  • Subdivision Name: Erpenbeck
  • Directions: I-75 to Kyles exit. East on Kyles, Left on Saint Anthony, Left on Marcella.
  • New Construction: No
  • Structure Type: Duplex
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Ft Wright Elementary
  • Location Tax Legal Info:Middle or Junior School: Woodland Middle School
  • Location Tax Legal Info:High School: Scott High
  • Location Tax Legal Info:Subdivision2: Other
  • Contract Info:Auction YN: No
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: Irregular
  • Remarks Misc:Agent Only Remarks: Tenant Occupied*MINIMUM 24 HOUR NOTICE for showings*Each unit has 1 car garage*Call Coco for showings (859) 801-0542*
  • Cooling:Central Air: Yes
  • Foundation:Poured Concrete: Yes
  • Parking Features Parking Total: 2
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities Electric Company: Duke
  • Utilities Gas Company: Duke
  • Water Company: NKY Water
  • Water Source:Public: Yes
  • Location Tax Legal Info:Tax ID: 041-20-00-142.02
  • Appliances Refrigerators: Yes
  • General Property Description:_pound_ of Buildings: 1
  • Levels:One2: 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
  • Special Features: None

Interior Features

  • Heating: Natural Gas, Forced Air
  • Levels: One
  • Property Type: MultiFamily
  • Tenant Pays: Electricity, Gas, Heat, Water
  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Window Features: Aluminum Frames
  • Full Basement: Yes
  • Appliances Range: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick
  • Foundation Details: Poured Concrete
  • Construction Materials:Brick2: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Garage, Garage Faces Rear
  • Total Parking Spaces: 2.0
  • General Property Description:Garage Spaces: 2.0
  • Parking Features:Driveway: Yes
  • Parking Features:Garage5: Yes
  • Parking Features:Garage Faces Rear: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Heating:Natural Gas2: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Ft Wright Elementary
  • Junior High Dist: Kenton Co Public
  • High School: Scott High
  • Middle Or Junior School: Woodland Middle School

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
May 17, 2021
Sold by
Shearer David A and Shearer Deborah E
Bought by
Otto Mane Llc
Seller's Agent
CoCo James
RE/MAX Victory + Affiliates
Buyer's Agent
Holly Nally
Huff Realty - Florence
List Price
$170,000
Sold Price
$200,500
Premium/Discount to List
$30,500
17.94%
Current Estimated Value
$311,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,270
Avg. Annual Appreciation
9.98%

Purchase Details

Closed on
Jun 14, 1994
Sold by
Kordenbrock Marjorie
Bought by
Shearer David A and Shearer Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
8.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Buyer Sale Price Title Company
Otto Mane Llc $200,500 None Available
Shearer David A $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shearer David A $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2021 05/17/21 Sold $200,500 +17.9% $107 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $170,000 -- $91 / 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
2025 $1,987 $200,500 $45,000 $155,500
2024 $2,055 $200,500 $45,000 $155,500
2023 $2,165 $200,500 $40,000 $160,500
2022 $2,221 $200,500 $40,000 $160,500
2021 $1,715 $150,000 $40,000 $110,000
2020 $1,733 $150,000 $40,000 $110,000
2019 $1,738 $150,000 $40,000 $110,000
2018 $1,743 $150,000 $40,000 $110,000
2017 $1,695 $150,000 $40,000 $110,000
2015 $1,635 $150,000 $30,000 $120,000
2014 $1,609 $150,000 $30,000 $120,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 548154

Northern Kentucky Multiple Listing Service

APN: 041-20-00-142.02