NOT LISTED FOR SALE

Estimated Value: $299,826 - $396,000

4 Beds
2 Baths
1,872 Sq Ft
$186/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $264,900 $142 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,110/month

5 Days on Market

Highlights

  • 0.2 Acre Lot
  • 2 Fireplaces
  • Storm Windows
  • Property is near public transit
  • Wood Frame Window
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

Beautifully rehabbed 2 family in Wallace Woods. New kitchen and baths, refinished hardwood floors, new HVAC systems, water heaters and electric panels. The roof is new, huge yard with deck, off street parking, washer dryer hookups in the basement for both units. Both units are rented with new leases for $1100 per month.

Last Agent to Sell the Property

Stephanie Benedetti

RE/MAX Victory + Affiliates License #200668 Listed on: 03/28/2021

RE/MAX Victory + Affiliates

Last Buyer's Agent

John Bowen

Coldwell Banker Realty License #223104

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 8,751

Parking

  • 2 Car Garage
  • No Garage
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Non-Functioning Fireplace
  • Wood Frame Window
  • Basement Fills Entire Space Under The House
  • Storm Windows

Kitchen

  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • 8,751 Sq Ft Lot
  • Property is near public transit

Community Details

  • 2 Units
  • Wallace Woods Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • The owner pays for sewer, water
  • Assessor Parcel Number 055-41-05-026.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • Cooling: Central Air
  • Property Sub Type: Multi Family
  • Owner Pays: Sewer, Water
  • Lot Size Acres: 0.2
  • Year Built: 1919
  • Lot Size: Irregular
  • Subdivision Name: Wallace Woods
  • Directions: Wallace to Sterrett
  • 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
  • Location Tax Legal Info:Subdivision2: Wallace Woods
  • Contract Info:Auction YN: No
  • General Property Description:Fireplace YN: Yes
  • General Property Description:Lot Size Dimensions: Irregular
  • Remarks Misc:Agent Only Remarks: Agent is related to the sellers.
  • Appliances Microwave: Yes
  • Cooling:Central Air: Yes
  • Parking Features Parking Total: 2
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Natural Gas Available: Yes
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.2009
  • General Property Description:Lot Size Square Feet: 8751.2
  • Location Tax Legal Info:Tax ID: 055-41-05-026.00
  • Appliances Refrigerators: Yes
  • Foundation:Block4: Yes
  • General Property Description:Fireplaces Total: 2
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Description:_pound_ of Buildings: 1
  • General Property Description:Number Of Units Total: 2
  • Structure Type:Duplex: Yes
  • Levels:Two2: Yes
  • Property Ownership:Corporate: 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: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Fireplace Features: Inoperable
  • Fireplaces: 2
  • Fireplace: Yes
  • Window Features: Storm Window(s), Wood Frames
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Fireplace Features:Inoperable: Yes
  • Appliances Range: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Near Public Transit
  • Construction Type: Brick
  • Foundation Details: Block
  • Construction Materials:Brick2: Yes
  • Window Features:Wood Frames: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Off Street
  • Total Parking Spaces: 2.0
  • General Property Description:Garage Spaces: 2.0
  • Parking Features:Off Street2: Yes
  • Parking Features:No Garage: 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: 8751.2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2021
Closed on
May 24, 2021
Sold by
Shiqmah Properties Llc
Bought by
Smith Nicholas Albert and Smith Mylena Shimao
Seller's Agent
Stephanie Benedetti
RE/MAX Victory + Affiliates
Buyer's Agent
John Bowen
Coldwell Banker Realty
List Price
$264,900
Sold Price
$264,900
Current Estimated Value
$347,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,869
Avg. Annual Appreciation
6.12%
Original Mortgage
$260,101
Outstanding Balance
$233,945
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$114,012

Purchase Details

Closed on
Sep 23, 2020
Sold by
Hermes Joel F
Bought by
Mpe Consulting Llc
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
Smith Nicholas Albert $264,900 Absolute Title Agency Llc
Mpe Consulting Llc $41,000 None Available
Shiqmah Properties Llc $56,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Nicholas Albert $260,101
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2021 05/24/21 Sold $264,900 0.0% $142 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
03/28/2021 03/28/21 For Sale $264,900 -- $142 / 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 $3,510 $264,900 $5,000 $259,900
2024 $3,483 $264,900 $5,000 $259,900
2023 $3,528 $264,900 $5,000 $259,900
2022 $3,504 $264,900 $5,000 $259,900
2021 $1,420 $90,000 $5,000 $85,000
2020 $1,414 $90,000 $5,000 $85,000
2019 $1,429 $90,000 $5,000 $85,000
2018 $1,458 $90,000 $5,000 $85,000
2017 $1,479 $90,000 $10,000 $80,000
2015 $2,050 $90,000 $10,000 $80,000
2014 $2,013 $90,000 $10,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 547136

Northern Kentucky Multiple Listing Service

APN: 055-41-05-026.00