NOT LISTED FOR SALE

1672 Trace Dr Florence, KY 41042

Estimated Value: $379,000 - $396,000

4 Beds
3.5 Baths
2,240 Sq Ft
$173/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $287,000 $128 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,293/month

2 Days on Market

Highlights

  • Fitness Center
  • City View
  • Deck
  • Erpenbeck Elementary School Rated A
  • Clubhouse
  • Property is near public transit

About This Home

As of May 2021

Rare find in Florence for this price. On a cul-de-sac! Four large bedrooms, some with walk-in closets. 3.5 full baths. Fenced yard with wooded view. Living Room/Dining room combo with beautiful laminate flooring. Gas FP in the Family room also w/matching laminate flooring. Plenty of cabinets in the kitchen, newer appl & spacious eat-in area. Walkout Basement is great for a playroom, plus there's an extra room for a study or workout room. Fresh light fixtures, smoke detectors and paint. So convenient to groceries, shopping, airport, etc. Nice pool community, walking trails, etc. Don't wait!

Last Agent to Sell the Property

Kathy Santangelo

Coldwell Banker Realty FM License #193593 Listed on: 04/07/2021

Coldwell Banker Realty FM

Last Buyer's Agent

Corey Becraft

Sibcy Cline, REALTORS-CC License #266000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,668

Year Built

  • Built in 2002

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 65x140
  • Cul-De-Sac
  • Wood Fence
  • Wooded Lot

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Property Views

  • City
  • Neighborhood

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Vinyl Clad Windows
  • Sliding Windows
  • Aluminum Window Frames
  • Family Room with Fireplace
  • Formal Dining Room
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit

Schools

  • Erpenbeck Elementary School
  • Ockerman Middle School
  • Ryle High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 062 00 35 076 00

Community Details

Overview

  • Association fees include management
  • Rentz Association, Phone Number (859) 581-4815
  • Magnolia Trace Subdivision

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,668

Year Built

Built in 2002

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Cooling: Central Air
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.2
  • Year Built: 2002
  • Lot Size: 65X140
  • Subdivision Name: Magnolia Trace
  • Directions: I 75 to Union/US 42/Florence Exit to South on US 42 , Left on Wetherington. Magnolia Trace Community is on the Left. Follow to just before the culdesac
  • Architectural Style: Traditional
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: House
  • ResoPropertyType: Residential
  • Location Tax Legal Info:Property Attached YN: No
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Erpenbeck Elementary
  • Location Tax Legal Info:Middle or Junior School: Ockerman Middle School
  • Location Tax Legal Info:High School: Ryle High
  • Location Tax Legal Info:Subdivision2: Other
  • Contract Info:Auction YN: No
  • General Property Description:Half Baths: 1
  • General Property Description:Fireplace YN: Yes
  • General Property Description:Lot Size Dimensions: 65X140
  • General Property Description:Approx SqFt2: 2240.0
  • Appliances Microwave: Yes
  • Cooling:Central Air: Yes
  • Foundation:Poured Concrete: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities Electric Company: Duke
  • Utilities Gas Company: Duke
  • Water Company: Boone County
  • Water Source:Public: Yes
  • Room Details:Family Room YN: Yes
  • Room Details:Formal Dining Rm YN: Yes
  • General Property Description:Lot Size Acres: 0.2
  • General Property Description:Living Area: 2240.0
  • General Property Description:Lot Size Square Feet: 8712.0
  • Structure Type:House: Yes
  • Architecture:Traditional: Yes
  • Levels:Two: Yes
  • Location Tax Legal Info:Tax ID: 062 00 35 076 00
  • Appliances Refrigerators: Yes
  • General Property Description:Fireplaces Total: 1
  • Appliances Dryer: Yes
  • Fencing:Wood3: Yes
  • View:City3: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Recessed Lighting
  • Basement: Full, Walk-Out Access
  • Heating: Natural Gas, Forced Air
  • Levels: Two
  • Flooring: Vinyl
  • Property Type: Residential
  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2240.0
  • Window Features: Aluminum Clad Window(s), Slider Window(s), Vinyl Clad Window(s)
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Basement:Walk-Out Access7: Yes
  • Primary Bedroom Features:Bath Adjoins: Yes
  • Primary Bedroom Features:Carpet Flooring5: Yes
  • Primary Bedroom Features:Walk-In Closet(s): Yes
  • Primary Bath Features:Shower: Yes
  • Family Room Features:Fireplace(s)4: Yes
  • Kitchen Features:Eat-in Kitchen: Yes
  • Fireplace Features:Gas: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Recessed Lighting: Yes
  • Primary Bath Features:Double Vanity: Yes
  • Dining Room Features:Laminate Flooring3: Yes
  • Family Room Features:Laminate Flooring5: Yes
  • Appliances Range: Yes
  • Kitchen Features:Vinyl Flooring4: Yes
  • Primary Bath Features:Tub: Yes
  • Living Room Features:Laminate Flooring2: Yes
  • Basement:Vinyl Flooring8: Yes

Exterior Features

  • View: City, Neighborhood
  • Fencing: Wood
  • Roof: Shingle
  • Lot Features: Cul-De-Sac, Wooded, Near Public Transit
  • View: Yes
  • Construction Type: Brick
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Deck, Patio, Porch
  • Construction Materials:Brick2: Yes
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Vinyl Clad Window(s): Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Window Features:Aluminum Clad Window(s): Yes
  • Window Features:Slider Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway
  • General Property Description:Garage Spaces: 2.0
  • Parking Features:Driveway: 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

Condo/Co-op/Association

  • Amenities: Playground, Pool, Clubhouse, Fitness Center, Trail(s)
  • Association Fee: 450.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Information:Association YN: Yes
  • Association Information:Association Management Name 1: Rentz
  • Association Information:Association Management Phone 1: 859 581 4815
  • Association Information:Total Yearly Fees: 450.0
  • Association Information:Association Fee: 450.0
  • Association Information:Association Fee Frequency: Annually
  • Association Amenities:Management: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Playground: Yes
  • Association Amenities:Pool5: Yes
  • Association Amenities:Trail(s): Yes
  • Association Amenities:Fitness Center: Yes

Fee Information

  • Association Fee Includes: Management

Schools

  • Elementary School: Erpenbeck Elementary
  • Junior High Dist: Boone Co Public
  • High School: Ryle High
  • Middle Or Junior School: Ockerman Middle School

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
May 7, 2021
Sold by
Chen Ping and Yang Bi Qing
Bought by
Becraft Corey
Seller's Agent
Kathy Santangelo
Coldwell Banker Realty FM
Buyer's Agent
Corey Becraft
Sibcy Cline, REALTORS-CC
List Price
$275,000
Sold Price
$287,000
Premium/Discount to List
$12,000
4.36%
Current Estimated Value
$387,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,650
Avg. Annual Appreciation
6.97%
Original Mortgage
$272,650
Outstanding Balance
$247,089
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$140,561

Purchase Details

Closed on
Aug 12, 2002
Sold by
Fischer Single Family Ho
Bought by
Yang Ping Chen Bi Qing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,900
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2002
Sold by
Magnolia Trace Dev Llc
Bought by
Fischer Single Family Homes Ltd

Purchase Details

Closed on
Jan 11, 2000
Sold by
Fischer Single Family Ho
Bought by
Turgeon Gareth M and Turgeon Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 1999
Sold by
Magnolia Trace Dev Llc
Bought by
Fischer Single Family Homes Ltd
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 Buyer Sale Price Title Company
Becraft Corey $287,000 Chicago Title Company Llc
Yang Ping Chen Bi Qing $195,620 --
Fischer Single Family Homes Ltd $26,695 --
Turgeon Gareth M $185,600 --
Fischer Single Family Homes Ltd $26,756 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becraft Corey $272,650
Previous Owner Yang Ping Chen Bi Qing $136,900
Previous Owner Turgeon Gareth M $145,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2021 05/12/21 Sold $287,000 +4.4% $128 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $275,000 -- $123 / 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 $2,668 $287,000 $35,000 $252,000
2023 $2,706 $287,000 $35,000 $252,000
2022 $2,720 $287,000 $35,000 $252,000
2021 $2,558 $207,600 $35,000 $172,600
2020 $2,013 $207,600 $35,000 $172,600
2019 $1,914 $195,600 $28,000 $167,600
2018 $1,955 $195,600 $28,000 $167,600
2017 $1,893 $195,600 $28,000 $167,600
2015 $1,878 $195,600 $28,000 $167,600
2013 -- $195,600 $28,000 $167,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 547438

Northern Kentucky Multiple Listing Service

APN: 062.00-35-076.00