NOT LISTED FOR SALE

Estimated Value: $200,050 - $240,000

2 Beds
2 Baths
1,930 Sq Ft
$113/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $130,000 $67 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,290/month

73 Days on Market

Highlights

  • Property is near public transit
  • Window Unit Cooling System
  • Forced Air Heating System
  • Fireplace

About This Home

As of September 2022

Awesome opportunity with great rental history - good cap rate - exterior freshly painted - long term renters - great location. Low maintenance investment!

Last Agent to Sell the Property

M. Kay Edwards

ERA Real Solutions LLC Listed on: 05/25/2022

Last Buyer's Agent

Cory Behm

Transaction Alliance LLC License #261522

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,340

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 2 Bedrooms
  • 1,930 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Vinyl Clad Windows
  • Basement Fills Entire Space Under The House
  • No Kitchen Appliances

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters

Additional Features

  • 2,340 Sq Ft Lot
  • Property is near public transit

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 055-32-13-008.00

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Cooling: Window Unit(s)
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.05
  • Lot Size: .05
  • Directions: Madison to East on E20th building will be on the left at the corner of 20th and Denver
  • New Construction: No
  • Structure Type: Duplex
  • 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: No
  • General Property Description:Lot Size Dimensions: .05
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Natural Gas Available: Yes
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.0537
  • General Property Description:Living Area: 1930.0
  • General Property Description:Lot Size Square Feet: 2340.0
  • Location Tax Legal Info:Tax ID: 055-32-13-008.00
  • Foundation:Block4: Yes
  • Cooling:Window Unit(s): Yes
  • General Property Description:_pound_ of Buildings: 1
  • Utilities:Separate Furnace: Yes
  • Utilities:Separate Gas Electric: Yes
  • General Property Description:Number Of Units Total: 2
  • Structure Type:Duplex: Yes
  • Levels:Two2: Yes
  • Special Features: None

Interior Features

  • Heating: Natural Gas, Forced Air
  • Levels: Two
  • Property Type: MultiFamily
  • Tenant Pays: Electricity, Gas
  • Number Of Buildings: 1
  • Appliances: None
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 1930.0
  • Window Features: Vinyl Frames
  • Full Basement: Yes
  • Appliances:None18: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Near Public Transit
  • Construction Type: Brick
  • Foundation Details: Block
  • Construction Materials:Brick2: Yes
  • Window Features:Vinyl Frames: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking Features:On Street: 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: 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: 2340.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Sep 30, 2022
Sold by
Shelton Jordan R and Shelton Lauren A
Bought by
Behm Cory D
Seller's Agent
M. Kay Edwards
ERA Real Solutions LLC
Buyer's Agent
Cory Behm
Transaction Alliance LLC
List Price
$150,000
Sold Price
$130,000
Premium/Discount to List
-$20,000
-13.33%
Current Estimated Value
$218,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,013
Avg. Annual Appreciation
17.42%
Original Mortgage
$97,500
Outstanding Balance
$93,119
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$124,894

Purchase Details

Closed on
Sep 27, 2018
Sold by
Shelton Wendell and Shelton Laura A
Bought by
Shelton Jordan R and Shelton Lauren A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2017
Sold by
Shelton Rentals Llc
Bought by
Shelton Laura A and Shelton Wendell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,250
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2012
Sold by
Shelton Wendell D and Shelton Laurie A
Bought by
Shelton Rentals Llc

Purchase Details

Closed on
Jul 1, 2005
Sold by
Washington Mutual Bank Fa
Bought by
Shelton Wendell

Purchase Details

Closed on
Mar 2, 2005
Sold by
Hud
Bought by
Washington Mutual Bank Fa

Purchase Details

Closed on
Mar 26, 2001
Sold by
Mayes Sharon M
Bought by
Hud

Purchase Details

Closed on
Oct 5, 1998
Sold by
Roberts Michael T
Bought by
Mayes Sharon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,951
Interest Rate
6.96%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Behm Cory D $130,000 360 American Title
Behm Cory D $130,000 360 American Title
Shelton Jordan R $110,000 Priority National Title
Shelton Laura A $103,000 None Available
Shelton Rentals Llc -- None Available
Shelton Wendell $5,000 --
Washington Mutual Bank Fa $54,000 --
Hud $54,000 --
Mayes Sharon M $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Behm Cory D $97,500
Closed Behm Cory D $97,500
Previous Owner Shelton Jordan R $82,500
Previous Owner Shelton Laura A $77,250
Previous Owner Mayes Sharon M $65,951
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $130,000 -13.3% $67 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $150,000 -- $78 / 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 $1,723 $130,000 $5,000 $125,000
2024 $1,710 $130,000 $5,000 $125,000
2023 $1,732 $130,000 $5,000 $125,000
2022 $1,499 $110,000 $5,000 $105,000
2021 $1,719 $110,000 $5,000 $105,000
2020 $1,711 $110,000 $5,000 $105,000
2019 $1,730 $110,000 $5,000 $105,000
2018 $1,658 $103,000 $5,000 $98,000
2017 $1,479 $90,000 $5,000 $85,000
2015 $1,889 $90,000 $5,000 $85,000
2014 $1,750 $90,000 $5,000 $85,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 604352

Northern Kentucky Multiple Listing Service

APN: 055-32-13-008.00