NOT LISTED FOR SALE

217 W 11th St Newport, KY 41071

Estimated Value: $372,682

7 Beds
5 Baths
4,784 Sq Ft
$78/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $220,000 $46 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,054/month

16 Days on Market

Highlights

  • Deck
  • Mini Split Air Conditioners
  • 1 Car Garage
  • Corner Lot
  • Forced Air Heating and Cooling System
  • 3-minute walk to Buena Vista Park

About This Home

As of September 2022

Investors, here are your next 4 doors! This versatile & spacious solid brick 4 family building is zoned commercial, so opportunity awaits for a mixed use property, or a traditional 4-unit rental.

Over 4750 Sq Ft of interior space. No lawn maintenance, 9+ Ceilings, extra tall baseboards & ceiling fans. Largest unit on 1st floor (which could be a storefront) has private entrance. Kitchens and Baths throughout are ceramic tile and are mostly in great shape.

The 200 sq ft garage provides an opportunity to be converted to a laundromat for tenants as an additional revenue stream.

Convenient location minutes to 471, shops, restaurants, The Pavilion at Ovation, the Leeve, Downtown Cincinnati and just a block away from the fan favorite: Sweet Tooth Candies!

Last Agent to Sell the Property

Elizabeth Yeary

Kemba Realty, Inc. Listed on: 08/15/2022

Last Buyer's Agent

Elizabeth Yeary

Kemba Realty, Inc. License #220715

Kemba Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $847

Year Built

  • Built in 1887

Lot Details

  • 2,831 Sq Ft Lot
  • Lot Dimensions are 30x90
  • Corner Lot

Parking

  • 1 Car Garage
  • Side Facing Garage
  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 4,784 Sq Ft Home
  • 2-Story Property
  • Non-Functioning Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Double Hung Windows

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Schools

  • Npt Primary Intermed Elementary School
  • Newport Intermediate
  • Newport High School

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters

Additional Features

  • Deck
  • Efficiency Studio Dwelling Unit

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • The owner pays for sewer, water
  • Assessor Parcel Number 999-99-05-390.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$847

Year Built

Built in 1887

Lot Details

0

Parking

1

Listing Details

  • Cooling: See Remarks, Central Air
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Owner Pays: Sewer, Water
  • Lot Size Acres: 0.07
  • Year Built: 1887
  • Lot Size: 30x90
  • Directions: U.S. 27 to west on 11th Street in Newport
  • New Construction: No
  • Structure Type: Quadruplex
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Npt Primary Intermed
  • Location Tax Legal Info:Middle or Junior School: Newport Intermediate
  • Location Tax Legal Info:High School: Newport High
  • Contract Info:Auction YN: No
  • General Property Description:Basement YN2: No
  • General Property Description:Fireplace YN: Yes
  • General Property Description:Lot Size Dimensions: 30x90
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electric Company: Duke Energy
  • Utilities Gas Company: Duke Energy
  • Water Company: NKY Water
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.065
  • General Property Description:Living Area: 4784.0
  • General Property Description:Lot Size Square Feet: 2831.0
  • Location Tax Legal Info:Tax ID: 999-99-05-390.00
  • Appliances Refrigerators: Yes
  • General Property Description:Fireplaces Total: 1
  • Foundation:Stone3: 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
  • Unit Info:Efficiency Units: 1
  • Unit Type:Efficiency: Yes
  • Structure Type:Quadruplex: Yes
  • Special Features: None

Interior Features

  • Heating: Natural Gas, Forced Air
  • Levels: Two
  • Property Type: MultiFamily
  • Tenant Pays: Electricity, Gas, Heat
  • Number Of Buildings: 1
  • Appliances: Electric Range, Electric Oven, Gas Range, Gas Oven, Refrigerator
  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Fireplace Features: Inoperable
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 4784.0
  • Window Features: Double Hung, Insulated Window(s), Vinyl Clad Window(s)
  • Appliances:Electric Oven: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Inoperable: Yes
  • Appliances:Gas Oven: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Corner Lot
  • Construction Type: Brick
  • Foundation Details: Stone
  • Patio And Porch Features: Deck
  • Construction Materials:Brick2: Yes
  • Lot Features:Corner Lot: Yes
  • Window Features:Insulated Window(s): Yes
  • Patio and Porch Features:Deck: Yes
  • Window Features:Double Hung: Yes
  • Window Features:Vinyl Clad Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage, Garage Faces Side, On Street
  • General Property Description:Garage Spaces: 1.0
  • Parking Features:Garage5: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Garage Faces Side: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Npt Primary Intermed
  • Junior High Dist: Newport Indep
  • High School: Newport High
  • Middle Or Junior School: Newport Intermediate

Lot Info

  • Lot Size Sq Ft: 2831.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2024
Sold by
Smith James
Bought by
Spg Ventures Llc
Current Estimated Value
$372,682

Purchase Details

Listed on
Aug 15, 2022
Closed on
Sep 23, 2022
Sold by
Tieu Ly
Bought by
Smith James
Seller's Agent
Elizabeth Yeary
Kemba Realty, Inc.
Buyer's Agent
Elizabeth Yeary
Kemba Realty, Inc.
List Price
$275,000
Sold Price
$220,000
Premium/Discount to List
-$55,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.93%
Original Mortgage
$143,000
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2022
Closed on
Aug 15, 2022
Sold by
Campbell Circuit Court
Bought by
Ly Tieu
Seller's Agent
Elizabeth Yeary
Kemba Realty, Inc.
Buyer's Agent
Elizabeth Yeary
Kemba Realty, Inc.
List Price
$275,000
Sold Price
$220,000
Premium/Discount to List
-$55,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2022
Sold by
Leith Ryan R
Bought by
Ly Tieu

Purchase Details

Closed on
Mar 28, 2014
Sold by
Capstone Equity Fund I Llc and Miller Thomas L
Bought by
Leith Ryan R

Purchase Details

Closed on
Oct 5, 2011
Sold by
Rebound Properties Llc
Bought by
Capstone Equity Fund 1 Llc

Purchase Details

Closed on
Jan 27, 2010
Sold by
Schroer Jessica and Schroer Kenneth
Bought by
Rebound Properties Llc

Purchase Details

Closed on
Jan 14, 2003
Sold by
Woods Susan C
Bought by
Woods Ronnie Keith

Purchase Details

Closed on
Jan 21, 2000
Sold by
Tuttle William G
Bought by
Atkins Susan C
Source: Public Records

Range of Values:

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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
Spg Ventures Llc $340,000 None Listed On Document
Spg Ventures Llc $340,000 None Listed On Document
Smith James -- --
Ly Tieu $110,000 None Listed On Document
Ly Tieu $15,000 None Listed On Document
Leith Ryan R $142,000 None Available
Capstone Equity Fund 1 Llc $40,000 Stewart Title Company
Rebound Properties Llc $33,000 Stewart Title Company
Woods Ronnie Keith $15,000 --
Atkins Susan C $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith James $143,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2022 09/23/22 Sold $220,000 -20.0% $46 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $275,000 -- $57 / 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 $847 $220,000 $8,000 $212,000
2023 $869 $220,000 $8,000 $212,000
2022 $844 $142,000 $8,000 $134,000
2021 $860 $142,000 $8,000 $134,000
2020 $872 $142,000 $8,000 $134,000
2019 $877 $142,000 $8,000 $134,000
2018 $868 $142,000 $8,000 $134,000
2017 $871 $142,000 $8,000 $134,000
2016 $764 $142,000 $0 $0
2015 $775 $142,000 $0 $0
2014 $499 $77,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 607038

Northern Kentucky Multiple Listing Service

APN: 999-99-05-390.00