NOT LISTED FOR SALE

Estimated Value: $268,708 - $355,000

5 Beds
4 Baths
3,400 Sq Ft
$92/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $200,000 $59 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,925/month

3 Days on Market

Highlights

  • City View
  • Property is near public transit
  • Wood Frame Window
  • 0.19 Acre Lot
  • Corner Lot
  • Porch

About This Home

As of November 2021

Six unit apartment building on a generously sized lot in an area undergoing lots of transformation. Property backs up to an alley so off street parking could easily be created. Building has strong rental history with several long term tenants. Adding a little sweat equity to this building means you can increase your rent potential. All tenants currently month to month.

Last Agent to Sell the Property

Rebecca Weber

Comey & Shepherd REALTORS License #202929 Listed on: 09/27/2021

Comey & Shepherd REALTORS

Last Buyer's Agent

Bridget Erna

Lohmiller Real Estate License #222718

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,630

Lot Details

  • 8,263 Sq Ft Lot
  • Lot Dimensions are 56 x 150
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 3,400 Sq Ft Home
  • 3-Story Property
  • Double Hung Windows
  • Wood Frame Window
  • City Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • No Garage
  • On-Street Parking

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Window Unit Cooling System
  • Forced Air Heating System
  • Furnace
  • Separate Meters

Additional Features

  • Porch
  • Efficiency Studio Dwelling Unit
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for sewer, water
  • Assessor Parcel Number 055-14-23-001.00

Community Details

Overview

  • 6 Units
  • Longworth Subdivision

Building Details

  • Electric Expense $960
  • Insurance Expense $1,100
  • Other Expense $380
  • Water Sewer Expense $4,800
  • New Taxes Expense $2,035
  • Gross Income $2,825

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,630

Lot Details

0

Listing Details

  • Cooling: Window Unit(s)
  • Property Condition: Unknown
  • Property Sub Type: Apartment
  • Owner Pays: Sewer, Water
  • Lot Size Acres: 0.19
  • Lot Size: 56 x 150
  • Subdivision Name: Longworth
  • Directions: I-75 N To 12th St Exit, R To Scott St, R On Scott St
  • New Construction: No
  • Structure Type: Apartment
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Sixth District Elementary
  • Location Tax Legal Info:Middle or Junior School: Holmes Middle School
  • Location Tax Legal Info:High School: Holmes Senior High
  • Location Tax Legal Info:Subdivision2: Other
  • Contract Info:Auction YN: No
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: 56 x 150
  • 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
  • General Property Description:Lot Size Acres: 0.1897
  • General Property Description:Living Area: 3400.0
  • General Property Description:Lot Size Square Feet: 8263.33
  • Security Features:Smoke Detector(s): Yes
  • Location Tax Legal Info:Tax ID: 055-14-23-001.00
  • Appliances Refrigerators: Yes
  • Foundation:Stone3: Yes
  • View:City3: Yes
  • Cooling:Window Unit(s): Yes
  • General Property Description:_pound_ of Buildings: 1
  • Utilities:Separate Air Condition: Yes
  • Utilities:Separate Furnace: Yes
  • Utilities:Separate Gas Electric: Yes
  • Structure Type:Apartment: Yes
  • General Property Description:Number Of Units Total: 6
  • Levels:Three Or More2: Yes
  • Unit Info:Efficiency Units: 1
  • Financial Info:Electric Expense: 960.0
  • Financial Info:New Taxes Expense: 2035.0
  • Financial Info:Other Expense: 380.0
  • Financial Info:Water Sewer Expense: 4800.0
  • Security Features:Fire Escape2: Yes
  • Special Features: None

Interior Features

  • Heating: Forced Air
  • Levels: Three Or More
  • Property Type: MultiFamily
  • Tenant Pays: Electricity
  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 3400.0
  • Window Features: Double Hung, Wood Frames
  • Full Basement: Yes
  • Appliances Range: Yes

Exterior Features

  • View: City
  • Roof: Shingle
  • Lot Features: Corner Lot, Near Public Transit
  • View: Yes
  • Construction Type: Brick
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Construction Materials:Brick2: Yes
  • Lot Features:Corner Lot: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Double Hung: Yes
  • Window Features:Wood Frames: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, On Street
  • Parking Features:On Street: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s), Fire Escape
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 4800.0

Schools

  • Elementary School: Sixth 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: 8263.33
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 2825.0
  • Other Expense: 380.0
  • Number Of Units Total: 6
  • Electric Expense: 960.0
  • Insurance Expense: 1100.0
  • Vacancy Allowance Rate: 1.0

Tax Info

  • New Taxes Expense: 2035.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Nov 22, 2021
Sold by
Gastright Joseph Christopher and Gastright Christopher J
Bought by
Lojaca Llc
Seller's Agent
Rebecca Weber
Comey & Shepherd REALTORS
Buyer's Agent
Bridget Erna
Lohmiller Real Estate
List Price
$189,900
Sold Price
$200,000
Premium/Discount to List
$10,100
5.32%
Current Estimated Value
$311,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,531
Avg. Annual Appreciation
13.05%
Original Mortgage
$150,000
Interest Rate
2.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 8, 2005
Sold by
Fifth Third Bank
Bought by
Gastright Christopher J and Gastright Amy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
5.48%
Mortgage Type
Commercial

Purchase Details

Closed on
May 3, 2005
Sold by
Willen Jeffrey A
Bought by
Fifth Third Bank

Purchase Details

Closed on
Apr 11, 2001
Sold by
Scherder Thomas J
Bought by
Willen Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,633
Interest Rate
7.01%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Lojaca Llc $200,000 Kentucky Land Title Agency
Gastright Christopher J $86,000 --
Fifth Third Bank -- --
Willen Jeffrey A $101,922 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lojaca Llc $165,000
Open Lojaca Llc $832,500
Closed Lojaca Llc $50,000
Closed Lojaca Llc $212,000
Closed Lojaca Llc $150,000
Previous Owner Gastright Christopher J $120,000
Previous Owner Gastright Christopher J $77,400
Previous Owner Willen Jeffrey A $86,633
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $200,000 +5.3% $59 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $189,900 -- $56 / 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 $2,630 $200,000 $19,000 $181,000
2023 $2,891 $200,000 $19,000 $181,000
2022 $2,929 $200,000 $19,000 $181,000
2021 $2,044 $114,000 $19,000 $95,000
2020 $2,035 $114,000 $19,000 $95,000
2019 $2,055 $114,000 $19,000 $95,000
2018 $2,202 $114,000 $19,000 $95,000
2017 $2,040 $101,900 $10,000 $91,900
2015 $2,445 $101,900 $10,000 $91,900
2014 $2,764 $101,900 $10,000 $91,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 553383

Northern Kentucky Multiple Listing Service

APN: 055-14-23-001.00