NOT LISTED FOR SALE

32 Russell St Florence, KY 41042

Estimated Value: $236,000 - $268,000

4 Beds
4 Baths
1,824 Sq Ft
$137/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $165,000 $90 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,462/month

4 Days on Market

About This Home

As of December 2020

Two family for the price of a single family?!?!? Own a property and have your long term tenant downstairs pay most of your mortgage! Two 2 bedroom apartments with plenty of off street parking and a 2 car garage with more rental income potential. Has two new hot water heaters, newer roof, huge basement with plenty of storage, dont let this one pass you by, come see it today!

Last Agent to Sell the Property

Nicole Irwin

Bang Realty, Inc License #213171 Listed on: 12/03/2020

Last Buyer's Agent

Sara Mirus

Keller Williams Realty Services License #201173

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,641

Year Built

  • Built in 1960

Lot Details

  • 8,211 Sq Ft Lot
  • Lot Dimensions are 50 x 166

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 1,824 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Double Hung Windows
  • Basement Fills Entire Space Under The House

Schools

  • Florence Elementary School
  • Jones Middle School
  • Boone County High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • The owner pays for sewer, water
  • Assessor Parcel Number 061.23-22-011.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,641

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Cooling: Central Air
  • Property Sub Type: Multi Family
  • Owner Pays: Sewer, Water
  • Lot Size Acres: 0.19
  • Year Built: 1960
  • Lot Size: 50 x 166
  • Directions: Rt. 42 to Russell.
  • New Construction: No
  • Structure Type: Duplex
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Florence Elementary
  • Location Tax Legal Info:Middle or Junior School: Jones Middle School
  • Location Tax Legal Info:High School: Boone County High
  • Contract Info:Auction YN: No
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: 50 x 166
  • Cooling:Central Air: Yes
  • Foundation:Poured Concrete: Yes
  • Parking Features Parking Total: 4
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Natural Gas Available: Yes
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.1885
  • General Property Description:Living Area: 1824.0
  • General Property Description:Lot Size Square Feet: 8211.06
  • Location Tax Legal Info:Tax ID: 061.23-22-011.00
  • General Property Description:_pound_ of Buildings: 1
  • General Property Description:Number Of Units Total: 2
  • Structure Type:Duplex: Yes
  • Levels:Two2: Yes
  • Special Features: None

Interior Features

  • Heating: Natural Gas, Forced Air
  • Levels: Two
  • Property Type: MultiFamily
  • Tenant Pays: Electricity, Gas, Heat
  • Number Of Buildings: 1
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1824.0
  • Window Features: Double Hung, Vinyl Clad Window(s)
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick
  • Foundation Details: Poured Concrete
  • Construction Materials:Brick2: Yes
  • Window Features:Double Hung: Yes
  • Window Features:Vinyl Clad Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Off Street
  • Total Parking Spaces: 4.0
  • General Property Description:Garage Spaces: 2.0
  • Parking Features:Off Street2: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Heating:Natural Gas2: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Florence Elementary
  • Junior High Dist: Boone Co Public
  • High School: Boone County High
  • Middle Or Junior School: Jones Middle School

Lot Info

  • Lot Size Sq Ft: 8211.06
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2024
Sold by
Mirus Sara S
Bought by
Realtor 121 Group Llc
Current Estimated Value
$250,591

Purchase Details

Closed on
Oct 30, 2023
Sold by
Sara Sondgerath Mirus Real Estate Llc
Bought by
Mirus Sara S

Purchase Details

Listed on
Dec 3, 2020
Closed on
Dec 23, 2020
Sold by
Lipps Michael J
Bought by
Sara Sondgerath Mirus Real Estate Llc
Seller's Agent
Nicole Irwin
Bang Realty, Inc
Buyer's Agent
Sara Mirus
Keller Williams Realty Services
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%

Purchase Details

Closed on
Sep 19, 2016
Sold by
Likens Russell Scott and Likens Deborah
Bought by
Lipps Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,237
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Realtor 121 Group Llc -- None Listed On Document
Mirus Sara S -- None Listed On Document
Sara Sondgerath Mirus Real Estate Llc $165,000 360 American Title Svcs Llc
Lipps Michael J $119,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lipps Michael J $117,237
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2020 12/23/20 Sold $165,000 -5.7% $90 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $175,000 -- $96 / 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 $1,641 $165,000 $15,000 $150,000
2023 $1,706 $165,000 $15,000 $150,000
2022 $1,564 $165,000 $15,000 $150,000
2021 $2,123 $165,000 $15,000 $150,000
2020 $1,455 $150,000 $30,000 $120,000
2019 $1,467 $150,000 $30,000 $120,000
2018 $1,592 $150,000 $30,000 $120,000
2017 $1,452 $150,000 $30,000 $120,000
2015 $1,584 $165,000 $30,000 $135,000
2013 -- $165,000 $30,000 $135,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 544237

Northern Kentucky Multiple Listing Service

APN: 061.23-22-011.00