NOT LISTED FOR SALE

301 Stevenson Rd Erlanger, KY 41018

Estimated Value: $395,369 - $409,000

6 Beds
4 Baths
3,451 Sq Ft
$117/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $325,000 $94 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,554/month

3 Days on Market

Highlights

  • Fireplace
  • Storage
  • Hot Water Heating System
  • Window Unit Cooling System
  • Awning
  • 4 Car Garage

About This Home

As of July 2022

Well-maintained 4 family that is turn key with 3 tenants under lease and the 4th is currently vacating. Great income producing rentla with gross income in 2021 over $29,000 and potential for higher income. Updates include new water heater in 2022, garage door motor and sump pump motor 2021, newer roof, replacement windows, and basement waterproofing.

Last Agent to Sell the Property

Brian Drapp

RE/MAX Victory + Affiliates License #222211 Listed on: 06/02/2022

RE/MAX Victory + Affiliates

Last Buyer's Agent

Jessie Hundemer

Pivot Realty Group License #274255

Pivot Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,339

Year Built

  • Built in 1963

Lot Details

  • Lot Dimensions are 40x150

Parking

  • 4 Car Garage
  • Rear-Facing Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 3,451 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Awning
  • Vinyl Clad Windows
  • Storage

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Basement

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

Schools

  • Arnett Elementary School
  • Tichenor Middle School
  • Lloyd High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Steam
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for heat, sewer, water
  • Assessor Parcel Number 015-20-12-009.00

Community Details

Building Details

  • Electric Expense $2,002
  • Insurance Expense $1,990
  • Trash Expense $170
  • Water Sewer Expense $1,789
  • Gross Income $28,483

Additional Features

  • 4 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,339

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Cooling: Window Unit(s)
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Owner Pays: Heat, Sewer, Water
  • Year Built: 1963
  • Lot Size: 40x150
  • Directions: Dixie Highway to W on Stevenson.
  • New Construction: No
  • Structure Type: Quadruplex
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Arnett Elementary
  • Location Tax Legal Info:Middle or Junior School: Tichenor Middle School
  • Location Tax Legal Info:High School: Lloyd High
  • Contract Info:Auction YN: No
  • General Property Description:Basement YN2: Yes
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: 40x150
  • Foundation:Poured Concrete: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities Electric Company: Duke
  • Utilities Gas Company: Duke
  • Water Company: NKY Water
  • Water Source:Public: Yes
  • General Property Description:Living Area: 3451.0
  • Location Tax Legal Info:Tax ID: 015-20-12-009.00
  • Appliances Refrigerators: Yes
  • Laundry Features:In Basement: Yes
  • Cooling:Window Unit(s): Yes
  • Roof:Asphalt: Yes
  • General Property Description:_pound_ of Buildings: 1
  • General Property Description:Number Of Units Total: 4
  • Levels:Two2: Yes
  • Structure Type:Quadruplex: Yes
  • Financial Info:Electric Expense: 2002.0
  • Financial Info:Trash Expense: 170.0
  • Financial Info:Water Sewer Expense: 1789.0
  • Laundry Features:Coin Laundry: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Storage
  • Heating: Hot Water, Steam
  • Levels: Two
  • Property Type: MultiFamily
  • Tenant Pays: Electricity
  • Number Of Buildings: 1
  • Appliances: Electric Range, Electric Oven, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace: No
  • Living Area: 3451.0
  • Window Features: Vinyl Frames
  • Full Basement: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Storage2: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Brick
  • Exterior Features: Awning(s)
  • Foundation Details: Poured Concrete
  • Construction Materials:Brick2: Yes
  • Window Features:Vinyl Frames: Yes
  • Patio and Porch Features:Awning(s): Yes
  • Exterior Features:Awning(s)2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage, Garage Faces Rear, Off Street, On Street
  • General Property Description:Garage Spaces: 4.0
  • Parking Features:Garage5: Yes
  • Parking Features:Off Street2: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Garage Faces Rear: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: In Basement, Coin Laundry
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Heating:Hot Water: Yes
  • Heating:Steam2: Yes

Fee Information

  • Trash Expense: 170.0
  • Annual Water Sewer Expense: 1789.0

Schools

  • Elementary School: Arnett Elementary
  • Junior High Dist: Erlanger/Elsmere
  • High School: Lloyd High
  • Middle Or Junior School: Tichenor Middle School

Multi Family

  • Gross Income: 28483.0
  • Number Of Units Total: 4
  • Electric Expense: 2002.0
  • Insurance Expense: 1990.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jul 8, 2022
Sold by
Longs Land Limited
Bought by
301 Stevenson Llc
Seller's Agent
Brian Drapp
RE/MAX Victory + Affiliates
Buyer's Agent
Jessie Hundemer
Pivot Realty Group
List Price
$299,900
Sold Price
$325,000
Premium/Discount to List
$25,100
8.37%
Current Estimated Value
$402,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,185
Avg. Annual Appreciation
6.86%
Original Mortgage
$260,000
Outstanding Balance
$239,751
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$160,017

Purchase Details

Closed on
Jul 17, 2015
Sold by
Lohre Richard G
Bought by
Longs Land Limited

Purchase Details

Closed on
Feb 28, 2014
Sold by
Franco Deborah M
Bought by
Lohre Richard G
Source: Public Records

Range of Values:

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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
301 Stevenson Llc $325,000 Cosmopolitan Title
Longs Land Limited $192,500 Kentucky Land Title Agency
Lohre Richard G $110,000 Kentucky Land Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forcht Bank Na $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $325,000 +8.4% $94 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $299,900 -- $87 / 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
2024 $4,339 $325,000 $34,500 $290,500
2023 $4,222 $325,000 $34,500 $290,500
2022 $3,028 $192,500 $34,500 $158,000
2021 $3,068 $192,500 $34,500 $158,000
2020 $3,050 $192,500 $34,500 $158,000
2019 $3,006 $192,500 $34,500 $158,000
2018 $3,064 $192,500 $45,000 $147,500
2017 $2,689 $192,500 $45,000 $147,500
2015 $1,462 $192,500 $45,000 $147,500
2014 $2,323 $180,000 $45,000 $135,000
Source: Public Records

Agents Affiliated with this Home

  • Brian Drapp

    Seller's Agent in 2022

    Brian Drapp

    RE/MAX

    (859) 221-9695

    4 in this area

    96 Total Sales

    Brian Drapp
    Section Image

  • J

    Buyer's Agent in 2022

    Jessie Hundemer

    Pivot Realty Group

    Section Image
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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 604606

Northern Kentucky Multiple Listing Service

APN: 015-20-12-009.00

Kentucky Kenton County Erlanger 41018

301 Stevenson Rd, Erlanger, KY

This home is located at 301 Stevenson Rd, Erlanger, KY 41018 since 02 June 2022 and is currently estimated at $402,185, approximately $116 per square foot. This property was built in 1963. 301 Stevenson Rd is a home located in Kenton County with nearby schools including Arnett Elementary School, Tichenor Middle School, and Lloyd Memorial High School.

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.

Northern Kentucky Multiple Listing Service 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.

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