Seller's Agent in 2025
Aaron Smith
eXp Realty, LLC
(859) 360-9997
7 in this area
178 Total Sales
262 Palace Ave Elsmere, KY 41018
2
Beds
2
Baths
1,680
Sq Ft
0.37
Acres
Highlights
- 0.37 Acre Lot
- Neighborhood Views
- 2 Car Detached Garage
- Property is near public transit
- Covered Patio or Porch
- Fireplace
About This Home
As of January 2025Turn-Key duplex with 2 one bedroom apartments. Basement access for both units with 2 washers & 1 dryer. 2 car detached garage is a great rent booster plus a storage shed. Well maintained units with gas furnaces and window AC. Recent updates to roof, water heaters, exterior paint, and more. Great to live in or use to build your rental portfolio.
Property Details
Home Type
- Multi-Family
Lot Details
- 0.37 Acre Lot
- Lot Dimensions are 75x125
- Chain Link Fence
Parking
- 2 Car Detached Garage
- Driveway
- Off-Street Parking
Home Design
- Duplex
- Block Foundation
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,680 Sq Ft Home
- 2-Story Property
- Fireplace
- Vinyl Clad Windows
- Insulated Windows
- Neighborhood Views
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Basement
- Partial Basement
- Laundry in Basement
Schools
- Howell Elementary School
- Tichenor Middle School
- Lloyd High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Furnace
- Separate Meters
Additional Features
- Covered Patio or Porch
- Property is near public transit
Community Details
- 2 Units
- Gross Income $24,000
Listing and Financial Details
- Tenant pays for electricity, gas, heat
- The owner pays for sewer, water
- Assessor Parcel Number 016-10-01-008.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 17, 2024
Closed on
Jan 17, 2025
Sold by
262 Palace Llc
Bought by
Berens Cameron Randall and Berens Stephanie Renee
Seller's Agent
Aaron Smith
eXp Realty, LLC
Buyer's Agent
The Berens Team
Keller Williams Realty Services
List Price
$199,900
Sold Price
$199,900
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,358
Avg. Annual Appreciation
8.53%
Original Mortgage
$149,925
Outstanding Balance
$148,586
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$67,833
Purchase Details
Closed on
Mar 8, 2022
Sold by
Sojors Portfolio Acquisitions Llc
Bought by
262 Palace Llc
Purchase Details
Listed on
Jan 16, 2021
Closed on
Feb 26, 2021
Sold by
Benedetti Enterprises Inc
Bought by
Sojors Portfolio Acquisitions Llc
Seller's Agent
Stephanie Benedetti
RE/MAX Victory + Affiliates
Buyer's Agent
Aaron Smith
eXp Realty, LLC
List Price
$154,900
Sold Price
$155,000
Premium/Discount to List
$100
0.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$115,575
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 4, 2020
Sold by
Kitchen Myles H and Rumwell Donna S
Bought by
Benedetti Enterprises Inc
Purchase Details
Closed on
Oct 27, 2018
Sold by
Kitchen Myles H and Rumwell Donna S
Bought by
Kitchen Myles H and Rumwell Donna S
Purchase Details
Closed on
Dec 2, 2014
Sold by
Kitchen Myles H and Rumwell Donna S
Bought by
Kitchen Myles H and Rumwell Donna S
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $199,900 | 360 American Title | |
| Quit Claim Deed | $155,000 | None Listed On Document | |
| Warranty Deed | $155,000 | 360 American Title | |
| Warranty Deed | $155,000 | 360 American Title | |
| Deed | $75,000 | Kentucky Land Title Agency | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $149,925 | New Conventional | |
| Previous Owner | $115,575 | Commercial | |
| Previous Owner | $115,575 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/17/2025 01/17/25 | Sold | $199,900 | 0.0% | $119 / Sq Ft | |
| 12/18/2024 12/18/24 | Pending | -- | -- | -- | |
| 12/17/2024 12/17/24 | For Sale | $199,900 | +29.0% | $119 / Sq Ft | |
| 03/01/2021 03/01/21 | Sold | $155,000 | +0.1% | $92 / Sq Ft | View Prior Sale |
| 01/17/2021 01/17/21 | Pending | -- | -- | -- | |
| 01/16/2021 01/16/21 | For Sale | $154,900 | -- | $92 / 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 | $2,597 | $171,000 | $25,000 | $146,000 |
| 2024 | $2,625 | $171,000 | $25,000 | $146,000 |
| 2023 | $2,563 | $171,000 | $25,000 | $146,000 |
| 2022 | $2,575 | $155,000 | $15,000 | $140,000 |
| 2021 | $1,301 | $75,000 | $15,000 | $60,000 |
| 2020 | $1,699 | $100,000 | $15,000 | $85,000 |
| 2019 | $1,677 | $100,000 | $15,000 | $85,000 |
| 2018 | $1,711 | $100,000 | $10,000 | $90,000 |
| 2017 | $1,597 | $100,000 | $10,000 | $90,000 |
| 2015 | $1,884 | $100,000 | $10,000 | $90,000 |
| 2014 | $1,843 | $100,000 | $10,000 | $90,000 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron Smith
-
The Berens Team
T
Buyer's Agent in 2025
The Berens Team
Keller Williams Realty Services
(859) 663-8464
10 in this area
289 Total Sales
-
Stephanie Benedetti
Seller's Agent in 2021
Stephanie Benedetti
RE/MAX
(859) 393-1564
5 in this area
95 Total Sales
Map
Source: Northern Kentucky Multiple Listing Service
MLS Number: 628706
APN: 016-10-01-008.00
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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