NOT LISTED FOR SALE

Estimated Value: $596,000 - $764,000

5 Beds
3.5 Baths
4,688 Sq Ft
$142/Sq Ft Est. Value

Last Sold August 05, 2024

Last sale price $650,000 $139 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,192/month

1 Day on Market

Highlights

  • 0.26 Acre Lot
  • Property is near public transit
  • Wood Flooring
  • Deck
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of August 2024

Designed and built c. 1908 by H. S. Holmes for the Wallace Woods namesake Robert B. Wallace. The home was sold immediately to James T. Thomas who served as the Mayor of Covington around 1899. This oversized foursquare will leave you wanting to sit on the front porch for days! Enjoy rich, deep toned woodwork and hardwood floors, leaded glass front doors and a sweeping entryway that won't disappoint. A gourmet kitchen takes you out to a peaceful backyard and a recently redone deck. Upstairs leads you to a lovely 5 bedrooms, 3 full baths and a front second story balcony. The Owner's suite features a sitting room overlooking Wallace Avenue with attached bath with laundry. The home has 2 HVAC systems and 2 laundry hookups. The huge dining room offers space to entertain large gatherings and has a precious butler's pantry attached marrying the kitchen to the breakfast and dining rooms. The sellers have taken great care of the home and has recently given it a full fresh coat of paint inside and out as well as all new carpet on the upper floors. Come make Wallace Avenue your next address!

Last Agent to Sell the Property

Rebecca Weber

Comey & Shepherd REALTORS License #202929 Listed on: 04/29/2024

Comey & Shepherd REALTORS

Last Buyer's Agent

Kathy Heimbrock

Sibcy Cline, REALTORS-Florence License #219882

Sibcy Cline, REALTORS-Florence

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1908

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 60 x 190
  • Wood Fence
  • Level Lot
  • Private Yard
  • Historic Home

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 4,688 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Chandelier
  • Fireplace
  • Vinyl Clad Windows
  • Double Hung Windows
  • Pocket Doors
  • Panel Doors
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Neighborhood Views
  • Walk-Out Basement
  • Storage In Attic
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Double Vanity

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Property is near public transit

Schools

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

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 055-32-04-086.00

Home Details

Home Type

Single Family

Year Built

Built in 1908

Lot Details

0

Parking

2

Listing Details

  • Cooling: Multi Units, Central Air
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.26
  • Year Built: 1908
  • Lot Size: 60 x 190
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Directions: Scott Street South to L on Wallace to 220
  • Architectural Style: Historic
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: House
  • ResoPropertyType: Residential
  • Location Tax Legal Info:Property Attached YN: No
  • 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:Half Baths: 1
  • General Property Description:Basement YN2: Yes
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: 60 x 190
  • General Property Description:Approx SqFt2: 4688.0
  • Remarks Misc:Agent Only Remarks: Stackable laundry in the master will not stay with the house, only laundry in the basement will stay. Occupancy is negotiable. Home has been modified over the years. Ring doorbell camera on front door. Home warranty in place to be transferred to buyer at closing through ACHOSA. Even billing for Duke is $360 per month.
  • Appliances Microwave: Yes
  • Cooling:Central Air: Yes
  • Foundation:Poured Concrete: Yes
  • Parking Features Parking Total: 2
  • Room Type:Dining Room4: Yes
  • Room Type:Entry: Yes
  • Room Type:Office5: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities Electric Company: DUKE
  • Utilities Gas Company: DUKE
  • Water Company: NKY Water
  • Water Source:Public: Yes
  • Room Details:Family Room YN: Yes
  • Room Details:Formal Dining Rm YN: Yes
  • General Property Description:Lot Size Acres: 0.2617
  • General Property Description:Living Area: 4688.0
  • General Property Description:Lot Size Square Feet: 11400.0
  • Structure Type:House: Yes
  • Room Type:Breakfast Room2: Yes
  • Room Type:Breakfast Room Level: First
  • Laundry Features:Upper Level: Yes
  • Location Tax Legal Info:Tax ID: 055-32-04-086.00
  • Appliances Refrigerators: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Room Type:Living Room4: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Fencing:Wood3: Yes
  • Levels:Three Or More: Yes
  • Fencing:Privacy: Yes
  • Laundry Features:Lower Level: Yes
  • Roof:Asphalt: Yes
  • Security Features:Security System: Yes
  • Entry Features:Hardwood Floors5: Yes
  • Entry Features:Entrance Foyer: Yes
  • Cooling:Multi Units: Yes
  • Architecture:Historic: Yes
  • Office Features:Hardwood Floors16: Yes
  • Entry Features:Lighting3: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Pocket Door(s), Kitchen Island, Walk-In Closet(s), Stone Counters, Pantry, Granite Counters, Entrance Foyer, Eat-in Kitchen, Double Vanity, Chandelier, Breakfast Bar, Built-in Features, Attic Storage, Beamed Ceilings, Butler's Pantry, Ceiling Fan(s), Multi Panel Doors, Natural Woodwork, Recessed Lighting, Vaulted Ceiling(s)
  • Basement: Walk-Out Access
  • Heating: Natural Gas, Forced Air
  • Levels: Three Or More
  • Flooring: Concrete
  • Property Type: Residential
  • Appliances: Stainless Steel Appliance(s), Gas Range, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Living Area: 4688.0
  • Window Features: Double Hung, Vinyl Clad Window(s), Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Interior Features:Built-in Features2: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Double Vanity2: Yes
  • Interior Features:Entrance Foyer2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Kitchen Island2: Yes
  • Interior Features:Multi Panel Doors: Yes
  • Interior Features:Pantry2: Yes
  • Interior Features:Walk-In Closet(s)2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Basement:Walk-Out Access7: Yes
  • Appliances:Gas Range: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Wood Cabinets: Yes
  • Primary Bedroom Features:Bath Adjoins: Yes
  • Primary Bedroom Features:Carpet Flooring5: Yes
  • Primary Bedroom Features:Walk-In Closet(s): Yes
  • Interior Features:Eat-in Kitchen2: Yes
  • Living Room Features:Hardwood Floors13: Yes
  • Dining Room Features:Hardwood Floors4: Yes
  • Kitchen Features:Walk-Out Access3: Yes
  • Basement:Concrete Flooring: Yes
  • Interior Features:Natural Woodwork: Yes
  • Interior Features:Attic Storage: Yes
  • Kitchen Features:Ceramic Tile Flooring2: Yes
  • Interior Features:Breakfast Bar2: Yes
  • Interior Features:Chandelier2: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Dining Room Features:Chandelier: Yes
  • Kitchen Features:Breakfast Bar: Yes
  • Interior Features:Stone Counters: Yes
  • Interior Features:Recessed Lighting: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Dining Room Features:Window Treatments2: Yes
  • Interior Features:Beamed Ceilings: Yes
  • Primary Bedroom Features:Sitting Room: Yes
  • Primary Bedroom Features:Dressing Area: Yes
  • Interior Features:Pocket Door(s): Yes

Exterior Features

  • View: Neighborhood
  • Fencing: Privacy, Wood
  • Roof: Asphalt
  • Lot Features: Level, Near Public Transit
  • View: Yes
  • Construction Type: Brick
  • Exterior Features: Fenced, Private Yard, Balcony, Lighting
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Materials:Brick2: Yes
  • Window Features:Vinyl Frames: Yes
  • Patio and Porch Features:Covered: Yes
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Double Hung: Yes
  • Window Features:Vinyl Clad Window(s): Yes
  • Exterior Features:Fenced: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Private Yard: Yes
  • Exterior Features:Lighting: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 2.0
  • General Property Description:Garage Spaces: 2.0
  • Parking Features:Driveway: Yes
  • Parking Features:Garage5: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup, Lower Level, Upper Level
  • Security: Closed Circuit Camera(s), Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Heating:Natural Gas2: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Information:Association YN: No

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: 11400.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Aug 5, 2024
Sold by
Fedders David L and Fedders Janet C
Bought by
Morgan Lois and Ratajczak David
Seller's Agent
Rebecca Weber
Comey & Shepherd REALTORS
Buyer's Agent
Kathy Heimbrock
Sibcy Cline, REALTORS-Florence
List Price
$625,000
Sold Price
$650,000
Premium/Discount to List
$25,000
4%
Views
43
Current Estimated Value
$664,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,959
Avg. Annual Appreciation
1.63%
Original Mortgage
$245,000
Outstanding Balance
$241,776
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$423,183

Purchase Details

Closed on
May 5, 2011
Sold by
Fedders David L
Bought by
Fedders David L and Fedders Janet C

Purchase Details

Closed on
Oct 22, 2010
Sold by
Grimshaw Laura
Bought by
Fedders David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,013
Interest Rate
4.38%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 10, 2008
Sold by
Kilgore Properties Ky Inc
Bought by
Grimshaw Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2007
Sold by
Kilgore Kevin Scott
Bought by
Kilgore Properties Ky Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.08%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 19, 2007
Sold by
Cannon Martha L
Bought by
Kilgore Kevin Scott and Kilgore Kevin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.08%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morgan Lois $650,000 360 American Title
Fedders David L -- None Available
Fedders David L $300,000 None Available
Grimshaw Laura $390,000 Fidelity Land Title Agency
Kilgore Properties Ky Inc -- None Available
Kilgore Kevin Scott $129,000 Advanced Land Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Lois $245,000
Previous Owner Fedders David L $296,013
Previous Owner Grimshaw Laura $312,000
Previous Owner Kilgore Kevin Scott $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2024 08/05/24 Sold $650,000 +4.0% $139 / Sq Ft
05/04/2024 05/04/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $625,000 -- $133 / 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 $8,613 $650,000 $10,000 $640,000
2024 $4,256 $370,000 $10,000 $360,000
2023 $4,310 $370,000 $10,000 $360,000
2022 $4,341 $370,000 $10,000 $360,000
2021 $3,955 $300,000 $5,000 $295,000
2020 $3,952 $300,000 $5,000 $295,000
2019 $3,997 $300,000 $5,000 $295,000
2018 $4,108 $300,000 $5,000 $295,000
2017 $4,168 $300,000 $20,000 $280,000
2015 $5,013 $300,000 $20,000 $280,000
2014 $5,017 $300,000 $20,000 $280,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 622461

Northern Kentucky Multiple Listing Service

APN: 055-32-04-086.00