NOT LISTED FOR SALE

Estimated Value: $231,000 - $292,000

4 Beds
2 Baths
2,170 Sq Ft
$122/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $191,000 $88 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,606/month

159 Days on Market

Highlights

  • City View
  • Wood Frame Window
  • Storm Windows
  • 2 Fireplaces
  • Porch
  • Mini Split Air Conditioners

About This Home

As of October 2021

Great investment opportunity. Beautifully maintained two-family with beautiful historic detail including hardwood floors, woodwork, high ceilings, w/d in each unit, large yard and much more. Great rental history.

Last Agent to Sell the Property

Lee Bledsoe

Pivot Realty Group License #209057 Listed on: 04/16/2021

Pivot Realty Group

Last Buyer's Agent

Lee Bledsoe V

Sibcy Cline, REALTORS-FM

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1883

Lot Details

  • Lot Dimensions are 25x200
  • Wood Fence
  • Aluminum or Metal Fence

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • 2 Fireplaces
  • Non-Functioning Fireplace
  • Double Hung Windows
  • Wood Frame Window
  • City Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Porch

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • The owner pays for sewer, water
  • Assessor Parcel Number 055-31-10-015.00

Community Details

Overview

  • 2 Units
  • Southgate Subdivision

Building Details

  • Maintenance Expense $1,000
  • Trash Expense $200
  • Water Sewer Expense $1,050
  • New Taxes Expense $900

Property Details

Home Type

Multi-Family

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Cooling: Central Air
  • Property Sub Type: Multi Family
  • Owner Pays: Sewer, Water
  • Year Built: 1883
  • Lot Size: 25x200
  • Subdivision Name: Southgate
  • Directions: 12th St to Right onto Scott. Left onto E 17th
  • New Construction: No
  • Structure Type: 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
  • Location Tax Legal Info:Subdivision2: Other
  • Contract Info:Auction YN: No
  • General Property Description:Fireplace YN: Yes
  • General Property Description:Lot Size Dimensions: 25x200
  • Remarks Misc:Agent Only Remarks: Tenants are/were longterm and rents were below market. Seller plans to advertise second floor unit (largest of the two) for $1000/month. First floor tenant is month-to-month. Buyer to verify all info. Unit 2 (B, 2nd floor) is vacant/go/show. If there is interest, first floor can be available for showing with 24-hour notice. DO NOT ENTER UNIT 1 W/O PERMISSION.
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Natural Gas Available: Yes
  • Water Source:Public: Yes
  • Security Features:Smoke Detector(s): Yes
  • Location Tax Legal Info:Tax ID: 055-31-10-015.00
  • Appliances Refrigerators: Yes
  • General Property Description:Fireplaces Total: 2
  • Appliances Dryer: Yes
  • Washers: Yes
  • Fencing:Wood3: Yes
  • Foundation:Stone3: Yes
  • View:City3: Yes
  • General Property Description:_pound_ of Buildings: 1
  • Utilities:Separate Air Condition: Yes
  • Utilities:Separate Furnace: Yes
  • Utilities:Separate Gas Electric: Yes
  • General Property Description:Number Of Units Total: 2
  • Structure Type:Duplex: Yes
  • Fencing:Metal4: Yes
  • Levels:Three Or More2: Yes
  • Financial Info:Maintenance Expense: 1000.0
  • Financial Info:New Taxes Expense: 900.0
  • Financial Info:Trash Expense: 200.0
  • Financial Info:Water Sewer Expense: 1050.0
  • Special Features: None

Interior Features

  • Heating: Natural Gas, Forced Air
  • Levels: Three Or More
  • Property Type: MultiFamily
  • Tenant Pays: Electricity, Gas, Heat
  • Number Of Buildings: 1
  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Inoperable
  • Fireplaces: 2
  • Fireplace: Yes
  • Window Features: Double Hung, Storm Window(s), Wood Frames
  • Full Basement: Yes
  • Fireplace Features:Inoperable: Yes
  • Appliances Range: Yes

Exterior Features

  • View: City
  • Fencing: Metal, Wood
  • Roof: Shingle
  • View: Yes
  • Construction Type: Brick
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Construction Materials:Brick2: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Double Hung: Yes
  • Window Features:Wood Frames: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Heating:Natural Gas2: Yes
  • Heating:Forced Air: Yes

Fee Information

  • Trash Expense: 200.0
  • Annual Water Sewer Expense: 1050.0

Schools

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

Multi Family

  • Number Of Units Total: 2
  • Maintenance Expense: 1000.0

Tax Info

  • New Taxes Expense: 900.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2022
Sold by
Kelly Phyllis
Bought by
Kelly Phyllis and Fournier Martin
Current Estimated Value
$265,172

Purchase Details

Listed on
Apr 16, 2021
Closed on
Oct 29, 2021
Sold by
Foran Kim
Bought by
Kelly Phyllis
Seller's Agent
Lee Bledsoe
Pivot Realty Group
Buyer's Agent
Lee Bledsoe
Pivot Realty Group
List Price
$197,500
Sold Price
$191,000
Premium/Discount to List
-$6,500
-3.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$187,540
Interest Rate
3.01%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 7, 2006
Sold by
Franxman Thomas and Franxman Patricia
Bought by
Foran Kim

Purchase Details

Closed on
Oct 28, 2004
Sold by
Franxman Thomas and Franxman Patricia
Bought by
Franxman Thomas and Franxman Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2003
Sold by
Weller Earl L and Weller Mary Margaret
Bought by
Franxman Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,958
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kelly Phyllis $95,500 --
Kelly Phyllis $191,000 None Available
Foran Kim $85,000 None Available
Franxman Thomas -- --
Franxman Thomas $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Phyllis $187,540
Previous Owner Franxman Thomas $75,000
Previous Owner Franxman Thomas $39,958
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $191,000 -3.3% $88 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $197,500 0.0% $91 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
08/19/2021 08/19/21 Price Changed $197,500 -1.3% $91 / Sq Ft
07/23/2021 07/23/21 Price Changed $200,000 -2.4% $92 / Sq Ft
07/08/2021 07/08/21 Price Changed $205,000 -4.7% $94 / Sq Ft
06/29/2021 06/29/21 For Sale $215,000 0.0% $99 / Sq Ft
06/29/2021 06/29/21 Price Changed $215,000 +7.5% $99 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/14/2021 05/14/21 Price Changed $200,000 -2.4% $92 / Sq Ft
04/29/2021 04/29/21 Price Changed $205,000 -2.4% $94 / Sq Ft
04/16/2021 04/16/21 For Sale $210,000 -- $97 / 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 $2,531 $191,000 $5,000 $186,000
2024 $2,512 $191,000 $5,000 $186,000
2023 $2,544 $191,000 $5,000 $186,000
2022 $2,548 $191,000 $5,000 $186,000
2021 $1,346 $85,000 $5,000 $80,000
2020 $1,339 $85,000 $5,000 $80,000
2019 $1,354 $85,000 $5,000 $80,000
2018 $1,381 $85,000 $5,000 $80,000
2017 $1,401 $85,000 $8,000 $77,000
2015 $1,796 $85,000 $8,000 $77,000
2014 $1,656 $85,000 $8,000 $77,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 547755

Northern Kentucky Multiple Listing Service

APN: 055-31-10-015.00