Seller's Agent in 2024
Josh House
Realiant Northern KY LLC
(606) 224-0474
5 in this area
44 Total Sales
1704 Madison Ave Covington, KY 41011
Austinburg NeighborhoodEstimated Value: $209,829 - $236,000
4
Beds
3
Baths
2,180
Sq Ft
$101/Sq Ft
Est. Value
Highlights
- 0.14 Acre Lot
- Efficiency Studio Dwelling Unit
- Heating System Uses Natural Gas
- Fireplace
About This Home
As of August 2024Investment Opportunity in Covington, KY! This fully occupied triplex with solid occupancy history would make a great addition to any investment portfolio. The property includes one efficiency, one 1-bedroom unit and one 2-bedroom unit with a steady stream of rental income. Utilize professional property management that is already in place to make caring for this investment a breeze.
Located in Covington, close to amenities and transportation, this property offers convenience for tenants. Whether you're looking to expand your investment portfolio or secure a steady income stream, this property is a fantastic opportunity. Can be sold as a package with 312 E Southern Ave. (MLS #624250) and 708-710 W 35th St. (MLS #624252).
Last Agent to Sell the Property
Realiant Northern KY LLC License #220133 Listed on: 07/02/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,052
Lot Details
- 6,000 Sq Ft Lot
- Lot Dimensions are 48 x 125
Parking
- On-Street Parking
Home Design
- Triplex
- Brick Exterior Construction
- Stone Foundation
- Shingle Roof
Interior Spaces
- 2,180 Sq Ft Home
- 2-Story Property
- Fireplace
- Double Hung Windows
- Basement Fills Entire Space Under The House
- Gas Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Additional Homes
- Efficiency Studio Dwelling Unit
Schools
- Latonia Elementary School
- Holmes Middle School
- Holmes Senior High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 055-14-15-001.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 2, 2024
Closed on
Aug 27, 2024
Sold by
Keene Rentals Llc
Bought by
Shah Dhwani A
Seller's Agent
Josh House
Realiant Northern KY LLC
Buyer's Agent
Cory Behm
Transaction Alliance LLC
List Price
$230,000
Sold Price
$200,000
Premium/Discount to List
-$30,000
-13.04%
Views
36
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
$19,957
Avg. Annual Appreciation
9.98%
Original Mortgage
$150,000
Outstanding Balance
$148,533
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$71,424
Purchase Details
Closed on
Oct 17, 2018
Sold by
Goldsberry Wanda
Bought by
Keene Rentals Llc
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 |
|---|---|---|---|
| Shah Dhwani A | $200,000 | Prominent Title | |
| 1704 Madison Ave Llc | -- | Prominent Title | |
| Keene Rentals Llc | $50,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 1704 Madison Ave Llc | $150,000 | |
| Closed | Shah Dhwani A | $150,000 | |
| Previous Owner | Goldsberry Norman H | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2024 08/28/24 | Sold | $200,000 | -7.0% | $92 / Sq Ft |
| 07/20/2024 07/20/24 | Pending | -- | -- | -- |
| 07/15/2024 07/15/24 | Price Changed | $215,000 | -6.5% | $99 / Sq Ft |
| 07/03/2024 07/03/24 | For Sale | $230,000 | -- | $106 / 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 | $1,052 | $80,000 | $5,000 | $75,000 |
| 2023 | $1,066 | $80,000 | $5,000 | $75,000 |
| 2022 | $1,111 | $80,000 | $5,000 | $75,000 |
| 2021 | $822 | $50,000 | $5,000 | $45,000 |
| 2020 | $819 | $50,000 | $5,000 | $45,000 |
| 2019 | $827 | $50,000 | $5,000 | $45,000 |
| 2018 | $920 | $55,000 | $5,000 | $50,000 |
| 2017 | $933 | $55,000 | $6,000 | $49,000 |
| 2015 | $1,311 | $55,000 | $6,000 | $49,000 |
| 2014 | $1,093 | $55,000 | $6,000 | $49,000 |
Source: Public Records
Agents Affiliated with this Home
-
Josh House
-
Cory Behm
Buyer's Agent in 2024
Cory Behm
Transaction Alliance LLC
(513) 560-5489
9 in this area
303 Total Sales
Map
Source: Northern Kentucky Multiple Listing Service
MLS Number: 624251
APN: 055-14-15-001.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NKMLS. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers.
Listing information is deemed reliable, but not guaranteed.
Copyright 2025 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.
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