NOT LISTED FOR SALE

323 Prospect St Bellevue, KY 41073

Estimated Value: $311,759

4 Beds
4 Baths
-- Sq Ft
8,451 Sq Ft Lot

Last Sold July 07, 2022

Last sale price $265,000

Est. 18% increase in value since last sale

Current estimated payment $1,880/month

Highlights

  • Property is near public transit
  • Balcony
  • Eat-In Kitchen
  • Covered Patio or Porch
  • Fireplace
  • Forced Air Heating System

About This Home

As of July 2022

Wonderful 4 Family in the Heart of Bellevue * 1 block from The Avenue and Bellevue's Entertainment District * 4-1 Bedroom Apartments * Live in one and rent the others out to pay your mortgage * Great addiction to your portfolio.

Last Agent to Sell the Property

Thomas Rieger

RE/MAX Victory + Affiliates License #190223 Listed on: 05/11/2022

RE/MAX Victory + Affiliates

Last Buyer's Agent

Tom Rieger

RE/MAX Victory + Affiliates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 56x150
  • Chain Link Fence

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Stone Foundation
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Aluminum Window Frames
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Basement

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

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

  • Property is near public transit

Schools

  • Grandview Elementary School
  • Bellevue High Middle School
  • Bellevue High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for heat, sewer, water
  • Assessor Parcel Number 999-99-08-2472.00

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $1,900
  • Gross Income $31,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Cooling: None
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Owner Pays: Heat, Sewer, Water
  • Year Built: 1900
  • Lot Size: 56X150
  • Directions: Foute 8 Fairfield to right on Taylor, left on Prospect
  • New Construction: No
  • Structure Type: Quadruplex
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Grandview Elementary
  • Location Tax Legal Info:Middle or Junior School: Bellevue High
  • Location Tax Legal Info:High School: Bellevue High
  • Contract Info:Auction YN: No
  • General Property Description:Basement YN2: Yes
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: 56X150
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities Electric Company: Duke
  • Utilities Gas Company: Duke
  • Water Company: N KY Water
  • Water Source:Public: Yes
  • Location Tax Legal Info:Tax ID: 999-99-08-2472.00
  • Roof:Composition: Yes
  • Foundation:Stone3: Yes
  • Laundry Features:In Basement: Yes
  • Fencing:Chain Link: Yes
  • Cooling:None9: Yes
  • General Property Description:_pound_ of Buildings: 1
  • Utilities:Separate Gas Electric: Yes
  • General Property Description:Number Of Units Total: 4
  • Levels:Two2: Yes
  • Structure Type:Quadruplex: Yes
  • Financial Info:Electric Expense: 1900.0
  • Special Features: None

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Heating: Natural Gas, Forced Air
  • Levels: Two
  • Property Type: MultiFamily
  • Tenant Pays: Electricity
  • Number Of Buildings: 1
  • Appliances: See Remarks
  • Accessibility Features: None
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: No
  • Window Features: Aluminum Clad Window(s), Insulated Window(s), Vinyl Clad Window(s)
  • Full Basement: Yes
  • Interior Features:Eat-in Kitchen2: Yes
  • Appliances:See Remarks32: Yes

Exterior Features

  • Fencing: Chain Link
  • Roof: Composition, Shingle
  • Lot Features: Near Public Transit
  • Construction Type: Vinyl Siding
  • Exterior Features: Fenced, Balcony
  • Foundation Details: Stone
  • Patio And Porch Features: Covered, Patio
  • Construction Materials:Vinyl Siding: Yes
  • Window Features:Insulated Window(s): Yes
  • Patio and Porch Features:Covered: Yes
  • Patio and Porch Features:Patio: Yes
  • Accessibility Features:None15: Yes
  • Window Features:Vinyl Clad Window(s): Yes
  • Exterior Features:Fenced: Yes
  • Window Features:Aluminum Clad Window(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: In Basement
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Heating:Natural Gas2: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Grandview Elementary
  • Junior High Dist: Bellevue Indep
  • High School: Bellevue High
  • Middle Or Junior School: Bellevue High

Multi Family

  • Gross Income: 31500.0
  • Number Of Units Total: 4
  • Electric Expense: 1900.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2023
Sold by
Schmits Kevin and Schmits Jennifer
Bought by
Wace Llc
Current Estimated Value
$311,759

Purchase Details

Listed on
May 11, 2022
Closed on
Jul 7, 2022
Sold by
1St All American Properties Llc
Bought by
Schmits Kevin and Schmits Jennifer
Seller's Agent
Thomas Rieger
RE/MAX Victory + Affiliates
Buyer's Agent
Thomas Rieger
RE/MAX Affiliates
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$212,000
Interest Rate
5.1%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 13, 2011
Sold by
Humphrey M Sean
Bought by
1St All American Properties Llc

Purchase Details

Closed on
Mar 31, 2004
Sold by
Kremer Daniel J and Kremer Coleen S
Bought by
Humphrey M Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2001
Sold by
Dullaghan Timothy L
Bought by
Kremer Daniel J and Kremer Keith G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,800
Interest Rate
8.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 12, 2000
Sold by
A B L Investments Llc
Bought by
Dullaghan Timothy C and Dullaghan Patricia N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 1997
Sold by
Wesselman Michael T
Bought by
Abl Investments Llc
Source: Public Records
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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
Wace Llc -- Prominent Title
Wace Llc -- Prominent Title
Schmits Kevin $265,000 Horn David A
Schmits Kevin $265,000 None Listed On Document
1St All American Properties Llc -- None Available
Humphrey M Sean $140,000 --
Kremer Daniel J $111,900 --
Dullaghan Timothy C $100,000 --
Abl Investments Llc $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmits Kevin $212,000
Previous Owner Humphrey M Sean $112,000
Previous Owner Kremer Daniel J $88,800
Previous Owner Dullaghan Timothy C $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2022 07/07/22 Sold $265,000 0.0% --
05/13/2022 05/13/22 For Sale $265,000 -- --
05/11/2022 05/11/22 Pending -- -- --
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 $3,193 $265,000 $25,000 $240,000
2024 $3,193 $265,000 $25,000 $240,000
2023 $3,713 $265,000 $25,000 $240,000
2022 $2,668 $180,000 $25,000 $155,000
2021 $2,676 $180,000 $25,000 $155,000
2020 $2,648 $180,000 $25,000 $155,000
2019 $2,205 $140,000 $15,200 $124,800
2018 $2,094 $140,000 $15,200 $124,800
2017 $2,045 $140,000 $15,200 $124,800
2016 $1,889 $140,000 $0 $0
2015 $1,976 $140,000 $0 $0
2014 $1,923 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 603900

Northern Kentucky Multiple Listing Service

APN: 999-99-08-242.00