NOT LISTED FOR SALE

Estimated Value: $645,173

Studio
-- Bath
2,520 Sq Ft
$256/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $582,000 $231 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,017/month

9 Days on Market

Highlights

  • 0.21 Acre Lot
  • Fireplace
  • Heating System Uses Natural Gas
  • Wood Frame Window
  • Cooling System Mounted In Outer Wall Opening
  • 3-minute walk to George Steinford Park

About This Home

As of September 2023

This could be your license to print money. The Property could produce between $7500- $15,000 a month, depending on Airbnb or longer term lease. These are 4 Units, Large Parking Lot ( That's right! A Parking Lot in Mainstrasse) There is another space that could be office or efficiency.

Last Agent to Sell the Property

Bob Hahn

RE/MAX Victory + Affiliates License #197161 Listed on: 08/05/2023

RE/MAX Victory + Affiliates

Last Buyer's Agent

Bob Searing

Keller Williams Realty Services License #243709

Keller Williams Realty Services

Property Details

Home Type

  • Multi-Family

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 90x100x90x100

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,520 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Wood Frame Window
  • Partial Basement

Kitchen

  • Electric Oven
  • Electric Range

Schools

  • John G. Carlisle Elementary School
  • Holmes Middle School
  • Holmes Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 054-21-13-029.00

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Cooling: Central Air, Wall Unit(s)
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.21
  • Lot Size: 90x100x90x100
  • Directions: 71/75 North to 5th St exit R off exit to R on Johnson St L on Sixth St to R on Johnson to Straight on to Sixth Building on L
  • New Construction: No
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: John G. Carlisle 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: 90x100x90x100
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities Electric Company: Duke Energy
  • Water Company: Northern Kentucky Water
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.2066
  • General Property Description:Living Area: 2520.0
  • General Property Description:Lot Size Square Feet: 9000.0
  • Location Tax Legal Info:Tax ID: 054-21-13-029.00
  • Appliances Refrigerators: Yes
  • Foundation:Stone3: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Water Available: Yes
  • Cooling:Wall Unit(s): Yes
  • General Property Description:_pound_ of Buildings: 2
  • General Property Description:Number Of Units Total: 4
  • Levels:Three Or More2: Yes
  • Special Features: None

Interior Features

  • Heating: Natural Gas
  • Levels: Three Or More
  • Property Type: MultiFamily
  • Number Of Buildings: 2
  • Appliances: Electric Range, Electric Oven, Refrigerator
  • Fireplace: No
  • Living Area: 2520.0
  • Window Features: Wood Frames
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick
  • Foundation Details: Stone
  • Construction Materials:Brick2: Yes
  • Window Features:Wood Frames: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot
  • Parking Features:Parking Lot: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Heating:Natural Gas2: Yes

Schools

  • Elementary School: John G. Carlisle Elementary
  • Junior High Dist: Covington Indep
  • High School: Holmes Senior High
  • Middle Or Junior School: Holmes Middle School

Lot Info

  • Lot Size Sq Ft: 9000.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2023
Closed on
Sep 29, 2023
Sold by
Schwartz Properties Llc
Bought by
Schwartz Richard L and Schwartz Karen
Seller's Agent
Bob Hahn
RE/MAX Victory + Affiliates
Buyer's Agent
Bob Searing
Keller Williams Realty Services
List Price
$600,000
Sold Price
$582,000
Premium/Discount to List
-$18,000
-3%
Views
45
Current Estimated Value
$645,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,173
Original Mortgage
$612,700
Outstanding Balance
$598,326
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2020
Sold by
Schwaller Rodney L and Schwaller Karen
Bought by
Schwartz Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,400
Interest Rate
3.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 31, 2014
Sold by
Schwaller Rodney L and Schwaller Karen S
Bought by
Schwartz Richard L and Schwartz Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 28, 2009
Sold by
Schwaller Rodney L and Schwaller Karen
Bought by
Schwaller Rodney L and Schwaller Karen
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
Schwartz Richard L $582,000 Prominent Title
Schwartz Richard L $582,000 Prominent Title
Schwartz Properties Llc $175,000 None Available
Schwartz Richard L $175,000 None Available
Schwaller Rodney L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Richard L $612,700
Closed Schwartz Richard L $612,700
Previous Owner Schwartz Properties Llc $125,400
Previous Owner Schwartz Properties Llc $175,000
Previous Owner Schwartz Richard L $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $582,000 -3.0% $231 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/05/2023 08/05/23 For Sale $600,000 -- $238 / 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 $7,712 $582,000 $73,500 $508,500
2024 $7,653 $582,000 $73,500 $508,500
2023 $3,259 $211,000 $73,500 $137,500
2022 $3,167 $211,000 $73,500 $137,500
2021 $3,051 $175,000 $73,500 $101,500
2020 $3,320 $194,000 $73,500 $120,500
2019 $3,354 $194,000 $73,500 $120,500
2018 $3,416 $194,000 $73,500 $120,500
2017 $3,165 $175,000 $30,000 $145,000
2015 $3,947 $175,000 $30,000 $145,000
2014 $3,816 $200,000 $30,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 615950

Northern Kentucky Multiple Listing Service

APN: 054-21-13-029.00