NOT LISTED FOR SALE

Estimated Value: $146,000 - $231,000

3 Beds
2 Baths
1,268 Sq Ft
$154/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $190,000 $150 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,235/month

Highlights

  • View of Trees or Woods
  • Private Yard
  • Fireplace
  • Wooded Lot
  • Balcony
  • Window Unit Cooling System

About This Home

As of June 2024

Excellent opportunity to own an updated 2-family home. Great for owner occupied buyers or investors. 1st floor 1 bedroom unit currently rented for $795 a month. 2nd floor 2 bedroom unit available to move into or rent. Separately metered gas, electric, & water. Conveniently located within minutes to downtown, interstate, shopping, & restaurants. All appliances are included. Unit 1 offers luxury vinyl plank flooring ad new windows.

Last Agent to Sell the Property

Team Sanders

Sibcy Cline, REALTORS-Florence Listed on: 05/09/2024

Sibcy Cline, REALTORS-Florence

Last Buyer's Agent

Kamryn Hamilton

eXp Realty, LLC License #285771

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 3,300 Sq Ft Lot
  • Lot Dimensions are 33 x 100
  • Wooded Lot
  • Private Yard

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 1,268 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Views of Woods
  • Basement Fills Entire Space Under The House
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Latonia 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

Listing and Financial Details

  • Tenant pays for electricity, gas, heat, sewer, water
  • Assessor Parcel Number 056-13-15-022.00

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,000
  • New Taxes Expense $3,175
  • Gross Income $20,280
  • Net Operating Income $16,105

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Cooling: Window Unit(s)
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.08
  • Year Built: 1919
  • Lot Size: 33 x 100
  • Directions: 17 to Rogers to L on 33rd. Building on L
  • New Construction: No
  • Structure Type: Duplex
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Latonia 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: 33 x 100
  • General Property Description:Approx SqFt2: 1484.0
  • Remarks Misc:Agent Only Remarks: 2nd floor estimated rent between $895-$950. Building was recently renovated in the past 2 years. Common area laundry room in basement accessible to both units. All utilities are separately metered. 1st floor unit available for showing after accepted contract. May be contingency of the contract. No AC tenants can add window units. Operating at over an 8% cap rate considering future taxes, $1000 estimated insurance, and $895 prospective rent for 2nd floor.
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.0758
  • General Property Description:Living Area: 1268.0
  • General Property Description:Lot Size Square Feet: 3300.0
  • Miscellaneous Home Warranty: No
  • Location Tax Legal Info:Tax ID: 056-13-15-022.00
  • Appliances Refrigerators: Yes
  • Foundation:Block4: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • View:TreesWoods: Yes
  • Cooling:Window Unit(s): Yes
  • General Property Description:_pound_ of Buildings: 1
  • Utilities:Separate Air Condition: No
  • Utilities:Separate Furnace: Yes
  • Utilities:Separate Gas Electric: Yes
  • General Property Description:Number Of Units Total: 2
  • Structure Type:Duplex: Yes
  • Levels:Two2: Yes
  • Financial Info Net Operating Income: 16105.0
  • Financial Info:New Taxes Expense: 3175.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Natural Gas, Forced Air
  • Levels: Two
  • Property Type: MultiFamily
  • Tenant Pays: Electricity, Gas, Heat, Sewer, Water
  • Number Of Buildings: 1
  • Appliances: Gas Range, Dryer, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1268.0
  • Window Features: Insulated Windows, Vinyl Frames
  • Full Basement: Yes
  • Appliances:Gas Range: Yes

Exterior Features

  • View: Trees/Woods
  • Roof: Shingle
  • Lot Features: Wooded
  • View: Yes
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Private Yard, Balcony
  • Foundation Details: Block
  • Construction Materials:Brick2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Window Features:Insulated Window(s): Yes
  • Window Features:Vinyl Frames: Yes
  • Lot Features:Wooded: Yes
  • Exterior Features:Private Yard: Yes
  • Exterior Features:Balcony: 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
  • Heating:Natural Gas2: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Latonia Elementary
  • Junior High Dist: Covington Indep
  • High School: Holmes Senior High
  • Middle Or Junior School: Holmes Middle School

Lot Info

  • Lot Size Sq Ft: 3300.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 20280.0
  • Net Operating Income: 16105.0
  • Number Of Units Total: 2
  • Insurance Expense: 1000.0

Tax Info

  • New Taxes Expense: 3175.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 5, 2024
Sold by
Smith Phillip R and Smith Tracie L
Bought by
Hamilton Preston and Hamilton William W
Seller's Agent
Team Sanders
Sibcy Cline, REALTORS-Florence
Buyer's Agent
Kamryn Hamilton
eXp Realty, LLC
List Price
$189,900
Sold Price
$190,000
Premium/Discount to List
$100
0.05%
Views
9
Current Estimated Value
$195,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,883
Avg. Annual Appreciation
1.92%
Original Mortgage
$152,000
Outstanding Balance
$149,872
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$46,011

Purchase Details

Closed on
May 2, 2007
Sold by
Kerr Thomas R and Kerr Janice C
Bought by
Smith Phillip R and Smith Tracie L

Purchase Details

Closed on
Nov 10, 1994
Sold by
Bridges Debra A
Bought by
Kerr Thomas R and Kerr Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.78%
Mortgage Type
New Conventional
Source: Public Records
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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
Hamilton Preston $190,000 None Listed On Document
Smith Phillip R $49,000 Kentucky Land Title Agency
Kerr Thomas R $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Preston $152,000
Previous Owner Kerr Thomas R $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2024 06/06/24 Sold $190,000 +0.1% $150 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $189,900 -- $150 / 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 $2,518 $190,000 $5,000 $185,000
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 $808 $49,000 $5,000 $44,000
2020 $804 $49,000 $5,000 $44,000
2019 $812 $49,000 $5,000 $44,000
2018 $828 $49,000 $5,000 $44,000
2017 $839 $49,000 $10,000 $39,000
2015 $1,124 $49,000 $10,000 $39,000
2014 $980 $49,000 $10,000 $39,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 622632

Northern Kentucky Multiple Listing Service

APN: 056-13-15-022.00