NOT LISTED FOR SALE

Estimated Value: $184,000 - $236,000

3 Beds
4 Baths
2,080 Sq Ft
$101/Sq Ft Est. Value

Last Sold August 29, 2024

Last sale price $195,000 $94 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,310/month

16 Days on Market

Highlights

  • Fireplace
  • Efficiency Studio Dwelling Unit
  • Wood Siding
  • Forced Air Heating System

About This Home

As of August 2024

Welcome to this fantastic investment opportunity in Latonia, KY! This 4-unit building features three spacious 1-bedroom units and one efficient studio unit, offering a versatile mix of living spaces to suit various tenant needs. With three of the units currently occupied and leased until 2025, you can enjoy immediate and steady rental income. Utilize professional property management that is already in place to make caring for this investment a breeze. Situated in a convenient location close to local amenities, this property is an excellent addition to any investor's portfolio. Don't miss out on this prime opportunity! Can be sold as package with 1704 Madison Ave (MLS #624251) and 708-710 W 35th St. (MLS #624252)

Last Agent to Sell the Property

Josh House

Realiant Northern KY LLC License #220133 Listed on: 07/02/2024

Last Buyer's Agent

Josh House

Realiant Northern KY LLC License #220133 Listed on: 07/02/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 5,489

Home Design

  • Quadruplex
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,080 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Double Hung Windows
  • Basement Fills Entire Space Under The House
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking

Schools

  • Latonia Elementary School
  • Holmes Middle School
  • Holmes Senior High School

Utilities

  • No Cooling
  • Forced Air Heating System

Additional Features

  • Lot Dimensions are 50 x 110
  • Efficiency Studio Dwelling Unit

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 056-32-19-010.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Cooling: None
  • Property Sub Type: Multi Family
  • Year Built: 1895
  • Lot Size: 50 X 110
  • Directions: 275 Exit 79 toward Taylor Mill. R onto E Southern Ave. On Left.
  • New Construction: No
  • Structure Type: Quadruplex
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Latonia 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: 50 X 110
  • General Property Description:Approx SqFt2: 2080.0
  • Remarks Misc:Agent Only Remarks: Buyer to verify all info. Photos taken prior to tenants moving in. Unit 1 vacant and available to view. Contact listing agent to view all other units.
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Natural Gas Available: Yes
  • Water Source:Public: Yes
  • Location Tax Legal Info:Tax ID: 056-32-19-010.00
  • Appliances Refrigerators: Yes
  • Foundation:Block4: Yes
  • Roof:Composition: Yes
  • Cooling:None9: Yes
  • General Property Description:_pound_ of Buildings: 1
  • General Property Description:Number Of Units Total: 4
  • Levels:Two2: Yes
  • Unit Info:Efficiency Units: 1
  • Unit Type:Efficiency: Yes
  • Structure Type:Quadruplex: Yes
  • Special Features: None

Interior Features

  • Heating: Forced Air
  • Levels: Two
  • Property Type: MultiFamily
  • Number Of Buildings: 1
  • Appliances: Gas Range, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace: No
  • Window Features: Double Hung
  • Full Basement: Yes
  • Appliances:Gas Range: Yes

Exterior Features

  • Roof: Composition, Shingle
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Window Features:Double Hung: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, On Street
  • Parking Features:Driveway: Yes
  • Parking Features:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Latonia Elementary
  • Junior High Dist: Covington Indep
  • High School: Holmes Senior High
  • Middle Or Junior School: Holmes Middle School

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Aug 27, 2024
Sold by
Keene Rentals Llc
Bought by
H & I Rentals Llc
Seller's Agent
Josh House
Realiant Northern KY LLC
Buyer's Agent
Josh House
Realiant Northern KY LLC
List Price
$190,000
Sold Price
$195,000
Premium/Discount to List
$5,000
2.63%
Views
19
Current Estimated Value
$209,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,691
Avg. Annual Appreciation
5.75%
Original Mortgage
$149,000
Outstanding Balance
$116,325
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$93,366

Purchase Details

Closed on
Oct 17, 2018
Sold by
Goldsberry Wanda
Bought by
Keene Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,850
Interest Rate
4.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
H & I Rentals Llc $195,000 None Listed On Document
H & I Rentals Llc $195,000 None Listed On Document
Keene Rentals Llc $95,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open H & I Rentals Llc $149,000
Closed H & I Rentals Llc $149,000
Previous Owner Keene Rentals Llc $119,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2024 08/29/24 Sold $195,000 +2.6% $94 / Sq Ft
07/20/2024 07/20/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $190,000 0.0% $91 / Sq Ft
07/04/2024 07/04/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $190,000 -- $91 / 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 $2,584 $195,000 $10,000 $185,000
2024 $1,249 $95,000 $10,000 $85,000
2023 $1,265 $95,000 $10,000 $85,000
2022 $1,305 $95,000 $10,000 $85,000
2021 $1,495 $95,000 $10,000 $85,000
2020 $1,488 $95,000 $10,000 $85,000
2019 $1,504 $95,000 $10,000 $85,000
2018 $1,381 $85,000 $10,000 $75,000
2017 $1,401 $85,000 $10,000 $75,000
2015 $1,946 $85,000 $10,000 $75,000
2014 $1,656 $85,000 $10,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 624250

Northern Kentucky Multiple Listing Service

APN: 056-32-19-010.00