$380,000
SOLD JAN 10, 2025
7 Beds
4 Baths
3,886 Sq Ft
3,268 Sq Ft Lot

Recently Sold

$98 Per Sq Ft

4% Below List Price

7 Days on Market

Highlights

  • Property is near public transit
  • Neighborhood Views
  • Balcony
  • 3 Fireplaces
  • Covered patio or porch
  • Wood Frame Window

About This Home

As of January 2025

Here is a great opportunity to have a FOUR unit building to add to your portfolio! All units are currently occupied, several with long term tenants. Very solid building with no major projects. Utilities and mechanics are separate except water/sanitation. Owner supplies coin-operated laundry in the basement. All units have separate central air. This location is convenient to Downtown Covington. Easy on street parking. Each unit has a front porch or balcony for outdoor space.

Last Agent to Sell the Property

Rebecca Weber

Comey & Shepherd REALTORS License #202929 Listed on: 12/04/2024

Comey & Shepherd REALTORS

Last Buyer's Agent

George Paskal

Private Real Estate Collection License #276839

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,282

Year Built

  • Built in 1909

Lot Details

  • 3,268 Sq Ft Lot
  • Lot Dimensions are 38 x 82
  • Chain Link Fence

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Stone Foundation
  • Membrane Roofing

Interior Spaces

  • 3,886 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Non-Functioning Fireplace
  • Wood Frame Window
  • Neighborhood Views
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Balcony
  • Covered patio or porch

Location

  • Property is near public transit

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • 100 Amp Service
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 055-14-16-004.00

Community Details

Building Details

  • Insurance Expense $494
  • Gross Income $40,320

Additional Features

  • 4 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,282

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Cooling: Multi Units, Central Air
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Owner Pays: Sewer, Water
  • Lot Size Acres: 0.08
  • Year Built: 1909
  • Lot Size: 38 x 82
  • Directions: Scott Street South to R on E. 20th to R on Pearl Street. House on left.
  • New Construction: No
  • Structure Type: Quadruplex
  • 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
  • Contract Info:Auction YN: No
  • General Property Description:Basement YN2: Yes
  • General Property Description:Fireplace YN: Yes
  • General Property Description:Lot Size Dimensions: 38 x 82
  • General Property Description:Approx SqFt2: 3886.0
  • Cooling:Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: 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: 0.075
  • General Property Description:Living Area: 3886.0
  • General Property Description:Lot Size Square Feet: 3268.0
  • Miscellaneous Home Warranty: No
  • Location Tax Legal Info:Tax ID: 055-14-16-004.00
  • Appliances Refrigerators: Yes
  • General Property Description:Fireplaces Total: 3
  • Appliances Dryer: Yes
  • Washers: Yes
  • Foundation:Stone3: Yes
  • Laundry Features:In Basement: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Water Available: Yes
  • Fencing:Chain Link: Yes
  • General Property Description:_pound_ of Buildings: 1
  • Utilities:Separate Air Condition: Yes
  • Utilities:Separate Furnace: Yes
  • Utilities:Separate Gas Electric: Yes
  • General Property Description:Number Of Units Total: 4
  • Levels:Two2: Yes
  • Cooling:Multi Units: Yes
  • Roof:Membrane: Yes
  • Structure Type:Quadruplex: Yes
  • Laundry Features:Coin Laundry: Yes
  • Electric 100 Amp Service: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Tile Counters, Eat-in Kitchen
  • Basement: Full
  • Heating: Natural Gas, Forced Air
  • Levels: Two
  • Property Type: MultiFamily
  • Tenant Pays: Electricity, Gas
  • Number Of Buildings: 1
  • Appliances: Electric Range, Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Fireplace Features: Inoperable
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 3886.0
  • Window Features: Storm Window(s), Wood Frames
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen2: Yes
  • Fireplace Features:Inoperable: Yes
  • Interior Features:Tile Counters: Yes

Exterior Features

  • View: Neighborhood
  • Fencing: Chain Link
  • Roof: Membrane
  • Lot Features: Near Public Transit
  • View: Yes
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Balcony
  • Foundation Details: Stone
  • Patio And Porch Features: Covered, Patio, Porch
  • Construction Materials:Brick2: Yes
  • Patio and Porch Features:Covered: Yes
  • Patio and Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Wood Frames: Yes
  • Exterior Features:Balcony: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: In Basement, Coin Laundry
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Heating:Natural Gas2: Yes
  • Heating:Forced Air: Yes

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: 3268.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 40320.0
  • Number Of Units Total: 4
  • Insurance Expense: 493.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2024
Closed on
Jan 10, 2025
Sold by
Gastright Joseph Christopher
Bought by
Selimovic Hrusto
Seller's Agent
Rebecca Weber
Comey & Shepherd REALTORS
Buyer's Agent
George Paskal
Private Real Estate Collection
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%
Views
23
Current Estimated Value
$382,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,797
Avg. Annual Appreciation
0.27%
Original Mortgage
$361,000
Outstanding Balance
$360,051
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$20,400

Purchase Details

Closed on
May 17, 2024
Sold by
Gastright Carolyn Pelstring and Gastright Douglas
Bought by
Gastright Joseph Christopher

Purchase Details

Closed on
Dec 13, 1994
Sold by
Tate Brett L
Bought by
Gastright Joseph F and Gastright Carolyn
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $380,000 Northwest Title
Warranty Deed $380,000 Northwest Title
Warranty Deed $380,000 Northwest Title
Deed -- None Listed On Document
Deed $54,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $361,000 New Conventional
Closed $361,000 New Conventional
Previous Owner $213,000 Future Advance Clause Open End Mortgage
Previous Owner $113,600 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $380,000 -3.8% $98 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
12/04/2024 12/04/24 For Sale $395,000 -- $102 / 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 $1,282 $97,500 $17,500 $80,000
2023 $1,299 $97,500 $17,500 $80,000
2022 $1,562 $97,500 $17,500 $80,000
2021 $1,346 $70,000 $17,500 $52,500
2020 $1,341 $70,000 $17,500 $52,500
2019 $1,353 $70,000 $17,500 $52,500
2018 $1,376 $70,000 $17,500 $52,500
2017 $1,392 $70,000 $10,000 $60,000
2015 $1,666 $70,000 $10,000 $60,000
2014 $1,374 $70,000 $10,000 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 628446

Northern Kentucky Multiple Listing Service

APN: 055-14-16-004.00