NOT LISTED FOR SALE

Estimated Value: $207,600 - $254,000

3 Beds
2 Baths
1,700 Sq Ft
$135/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $190,000 $112 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,414/month

79 Days on Market

Highlights

  • Property is near public transit
  • Neighborhood Views
  • Balcony
  • 2 Fireplaces
  • Covered Patio or Porch
  • Wood Frame Window

About This Home

As of February 2024

Solid brick Two-Family in Wallace Woods with strong rental history. First floor is a 1 bed/1 bath and Second floor is a 2 bed/1 bath. Lease amounts are $990 and $950 with long term tenants. Basement offers laundry hookups and storage. Separate utilities except for water/sanitation. All appliances transfer with the property except washer/dryer that belongs to the tenant.

Last Agent to Sell the Property

Rebecca Weber

Comey & Shepherd REALTORS License #202929 Listed on: 11/08/2023

Comey & Shepherd REALTORS

Last Buyer's Agent

Rebecca Weber

Comey & Shepherd REALTORS License #202929 Listed on: 11/08/2023

Comey & Shepherd REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 3,384

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

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

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Non-Functioning Fireplace
  • Double Hung Windows
  • Wood Frame Window
  • Neighborhood Views
  • Storm Windows

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Furnace
  • Gravity Heating System
  • Separate Meters
  • Cable TV Available

Additional Features

  • 3,384 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • The owner pays for sewer, water
  • Assessor Parcel Number 055-41-05-011.00

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,031
  • Trash Expense $152
  • Water Sewer Expense $880
  • Gross Income $23,280

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Cooling: Window Unit(s)
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Owner Pays: Sewer, Water
  • Lot Size Acres: 0.08
  • Year Built: 1928
  • Lot Size: IRR
  • Directions: From Downtown follow Madison Ave to East on Sterrett to R on Greenup or East on E 24th to L on Greenup.
  • New Construction: No
  • Structure Type: Apartment, 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
  • Contract Info:Auction YN: No
  • General Property Description:Basement YN2: Yes
  • General Property Description:Fireplace YN: Yes
  • General Property Description:Lot Size Dimensions: IRR
  • Remarks Misc:Agent Only Remarks: 48-hour notice required for tenants. No exceptions. Both tenants have cats DO NOT LET OUT. Seller has kept the gravity furnaces because they continue to work well. He has added cold air returns for easy central air addition when the time comes. W/D in basement belongs to one of the tenants. Window units transfer with the property.
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities Electric Company: DUKE
  • Utilities Gas Company: DUKE
  • Water Company: NKY Water
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.0777
  • General Property Description:Living Area: 1700.0
  • General Property Description:Lot Size Square Feet: 3384.0
  • Miscellaneous Home Warranty: No
  • Location Tax Legal Info:Tax ID: 055-41-05-011.00
  • Appliances Refrigerators: Yes
  • Foundation:Block4: Yes
  • General Property Description:Fireplaces Total: 2
  • Laundry Features:In Basement: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Water Available: Yes
  • Cooling:Window Unit(s): Yes
  • General Property Description:_pound_ of Buildings: 1
  • Utilities:Separate Furnace: Yes
  • Utilities:Separate Gas Electric: Yes
  • Structure Type:Apartment: Yes
  • General Property Description:Number Of Units Total: 2
  • Structure Type:Duplex: Yes
  • Levels:Two2: Yes
  • Roof:Membrane: Yes
  • Financial Info:Trash Expense: 152.0
  • Financial Info:Water Sewer Expense: 880.0
  • Heating:Gravity: Yes
  • Special Features: None

Interior Features

  • Heating: Forced Air, Gravity
  • Levels: Two
  • Property Type: MultiFamily
  • Tenant Pays: Electricity, Gas, Heat
  • Number Of Buildings: 1
  • Appliances: Electric Range, Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Inoperable
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 1700.0
  • Window Features: Double Hung, Storm Window(s), Wood Frames
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Inoperable: Yes

Exterior Features

  • View: Neighborhood
  • Roof: Membrane, Shingle
  • Lot Features: Near Public Transit
  • View: Yes
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Balcony
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Porch
  • Construction Materials:Brick2: Yes
  • Patio and Porch Features:Covered: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Double Hung: Yes
  • Window Features:Wood Frames: Yes
  • Exterior Features:Balcony: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • General Property Description:Garage Spaces: 2.0
  • Parking Features:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: In Basement
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Heating:Forced Air: Yes

Fee Information

  • Trash Expense: 152.0
  • Annual Water Sewer Expense: 880.0

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: 3384.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 23280.0
  • Number Of Units Total: 2
  • Insurance Expense: 1031.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Feb 29, 2024
Sold by
Gastright Joseph Christopher
Bought by
Randall Christopher and Randall Emi
Seller's Agent
Rebecca Weber
Comey & Shepherd REALTORS
Buyer's Agent
Rebecca Weber
Comey & Shepherd REALTORS
List Price
$214,900
Sold Price
$190,000
Premium/Discount to List
-$24,900
-11.59%
Views
228
Current Estimated Value
$230,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,150
Avg. Annual Appreciation
10.74%
Original Mortgage
$142,500
Outstanding Balance
$139,696
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$90,454

Purchase Details

Closed on
Jun 15, 2016
Sold by
Gastright Amy and Arlinghaus Amy
Bought by
Gastright Joseph Christopher and Gastright Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 18, 2003
Sold by
Katzer James C
Bought by
Gastright Christopher and Gastright Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,950
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 1995
Sold by
Recker Mark A
Bought by
Katzer James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,300
Interest Rate
9.18%
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
Randall Christopher $190,000 None Listed On Document
Randall Christopher $190,000 None Listed On Document
Gastright Joseph Christopher -- Attorney
Gastright Christopher $85,900 Metropolitan Title Co
Katzer James C $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Randall Christopher $142,500
Closed Randall Christopher $142,500
Previous Owner Gastright Joseph Christopher $213,000
Previous Owner Gastright Christopher $85,950
Previous Owner Katzer James C $60,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $190,000 0.0% $112 / Sq Ft
01/27/2024 01/27/24 Pending -- -- --
01/24/2024 01/24/24 Off Market $190,000 -- --
01/16/2024 01/16/24 For Sale $214,900 0.0% $126 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
12/27/2023 12/27/23 Price Changed $214,900 -4.5% $126 / Sq Ft
12/01/2023 12/01/23 For Sale $225,000 0.0% $132 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $225,000 -- $132 / 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 $1,315 $100,000 $5,000 $95,000
2023 $1,332 $100,000 $5,000 $95,000
2022 $1,370 $100,000 $5,000 $95,000
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: 618421

Northern Kentucky Multiple Listing Service

APN: 055-41-05-011.00