E
Seller's Agent in 2021
Eric Randall
Express Realty
(859) 912-0021
1 in this area
8 Total Sales
2235 Hanser Dr Covington, KY 41011
Monte Casino NeighborhoodEstimated Value: $448,000
Studio
--
Bath
6,000
Sq Ft
$75/Sq Ft
Est. Value
Highlights
- 0.39 Acre Lot
- Mini Split Air Conditioners
- Baseboard Heating
- Fort Wright Elementary School Rated A-
About This Home
As of June 2021Great 8 unit investment property with tenant paid heat / electric. All 8 units are 2 bedrooms avg rent $567. Within the last 10 years: all windows replaced, replaced all hot water heaters, updated kitchens, new toilets installed, all but one units have been completely tiled, and more. One cracked window sash - replacement on order. Owner is a licensed realtor in Kentucky and is also the listing agent. Buyer agrees to cooperate with seller's 1031 exchange process as needed.
Property Details
Home Type
- Apartment
Year Built
- Built in 1974
Lot Details
- 0.39 Acre Lot
Home Design
- Brick Exterior Construction
- Poured Concrete
- Shingle Roof
Interior Spaces
- 6,000 Sq Ft Home
- 1.5-Story Property
- Vinyl Clad Windows
Parking
- 8 Parking Spaces
- No Garage
- Private Parking
- Off-Street Parking
Schools
- Glenn O. Swing Elementary School
- Holmes Middle School
- Holmes Senior High School
Utilities
- Mini Split Air Conditioners
- Window Unit Cooling System
- Furnace
- Baseboard Heating
- Separate Meters
- No Utilities
Listing and Financial Details
- Tenant pays for electricity, heat
- The owner pays for sewer, water
- Assessor Parcel Number 041-40-21-005.00
Community Details
Overview
- 8 Units
Building Details
- Electric Expense $167
- Maintenance Expense $2,245
- Trash Expense $781
- Water Sewer Expense $4,869
- New Taxes Expense $3,585
- Gross Income $54,420
- Net Operating Income $40,052
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 26, 2023
Sold by
York Wilgus Ryan and York Jamie N
Bought by
Bach Chad and Bach Cameo
Current Estimated Value
Purchase Details
Listed on
Mar 23, 2021
Closed on
Jun 18, 2021
Sold by
Randall Eric and Randall Emine
Bought by
Adena Kentucky Holdings Llc
Seller's Agent
Eric Randall
Express Realty
Buyer's Agent
Deron Schell
Huff Realty - Florence
List Price
$425,000
Sold Price
$425,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$3,425,530
Interest Rate
2.93%
Purchase Details
Closed on
Jul 27, 2011
Sold by
Englert Richard E and Englert Autumn J
Bought by
Randall Eric and Randall Emine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
4.52%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bach Chad | -- | None Listed On Document | |
| Bach Chad | -- | None Listed On Document | |
| Adena Kentucky Holdings Llc | $425,000 | None Available | |
| Randall Eric | $218,200 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Adena Kentucky Holdings Llc | $3,425,530 | |
| Previous Owner | Randall Eric | $174,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/18/2021 06/18/21 | Sold | $425,000 | 0.0% | $71 / Sq Ft |
| 03/24/2021 03/24/21 | Pending | -- | -- | -- |
| 03/23/2021 03/23/21 | For Sale | $425,000 | -- | $71 / Sq Ft |
Source: Northern Kentucky Multiple Listing Service
Tax History Compared to Growth
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 | $5,631 | $425,000 | $29,300 | $395,700 |
| 2024 | $5,589 | $425,000 | $29,300 | $395,700 |
| 2023 | $5,661 | $425,000 | $29,300 | $395,700 |
| 2022 | $5,842 | $425,000 | $29,300 | $395,700 |
| 2021 | $3,602 | $218,200 | $29,300 | $188,900 |
| 2020 | $3,585 | $218,200 | $29,300 | $188,900 |
| 2019 | $3,623 | $218,200 | $29,300 | $188,900 |
| 2018 | $3,853 | $218,200 | $29,300 | $188,900 |
| 2017 | $3,904 | $218,200 | $35,000 | $183,200 |
| 2015 | $4,130 | $218,200 | $35,000 | $183,200 |
| 2014 | $4,157 | $218,200 | $35,000 | $183,200 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Randall
-
Deron Schell
Buyer's Agent in 2021
Deron Schell
Huff Realty - Florence
(859) 640-5149
2 in this area
315 Total Sales
Map
Source: Northern Kentucky Multiple Listing Service
MLS Number: 546977
APN: 041-40-21-005.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NKMLS. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers.
Listing information is deemed reliable, but not guaranteed.
Copyright 2025 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.
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