NOT LISTED FOR SALE

3397 Apple Tree Ln Erlanger, KY 41018

Estimated Value: $234,000 - $301,000

4 Beds
4 Baths
1,247 Sq Ft
$212/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $165,400 $133 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,550/month

1 Day on Market

Highlights

  • Mini Split Air Conditioners
  • Patio
  • Forced Air Heating and Cooling System
  • River Ridge Elementary School Rated A-

About This Home

As of October 2020

Brick side-by-side duplex in a great location for rental. Great rental history. Each side has 2 bedrooms and 1.5 baths, a driveway and private entry. Shared fenced back yard with shed and private patios. In unit laundry located on lower levels in half bathroom.

Last Agent to Sell the Property

Aaron Smith

Keller Williams Advisors Listed on: 09/17/2020

Last Buyer's Agent

Jessica Kirkpatrick

Horan Rosenhagen Real Estate License #220807

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 9,000 Sq Ft Lot
  • Aluminum or Metal Fence

Home Design

  • Duplex
  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Schools

  • River Ridge Elementary School
  • Turkey Foot Middle School
  • Dixie Heights High School

Utilities

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

Additional Features

  • Vinyl Clad Windows
  • Patio

Listing and Financial Details

  • Tenant pays for electricity, gas, heat, sewer, water
  • Assessor Parcel Number 002-20-06-006.00

Community Details

Overview

  • 2 Units
  • Cherry Hill Subdivision

Building Details

  • Trash Expense $150
  • Water Sewer Expense $1,200
  • Gross Income $18,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cooling: Central Air
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.21
  • Year Built: 1972
  • Lot Size: .2066
  • Subdivision Name: Cherry Hill
  • Directions: Donaldson to R on Cherry Tree Ln, L on Apple Tree Ln
  • New Construction: No
  • Structure Type: Duplex
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: River Ridge Elementary
  • Location Tax Legal Info:Middle or Junior School: Turkey Foot Middle School
  • Location Tax Legal Info:High School: Dixie Heights High
  • Location Tax Legal Info:Subdivision2: Cherry Hill
  • Contract Info:Auction YN: No
  • General Property Description:Half Baths: 2
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: .2066
  • Remarks Misc:Agent Only Remarks: Call Aaron Smith with questions at 859-360-9997. Email offers to aaron@aaronsmithhomes.com.
  • Cooling:Central Air: Yes
  • Parking Features Parking Total: 4
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities Electric Company: Duke
  • Utilities Gas Company: Duke
  • Water Company: NKY Water
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.2066
  • General Property Description:Lot Size Square Feet: 8999.5
  • Location Tax Legal Info:Tax ID: 002-20-06-006.00
  • Appliances Refrigerators: Yes
  • Roof:Composition: Yes
  • General Property Description:_pound_ of Buildings: 1
  • Foundation:Slab: Yes
  • 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
  • Financial Info:Trash Expense: 150.0
  • Financial Info:Water Sewer Expense: 1200.0
  • Levels:Bi-Level2: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Heating: Natural Gas, Forced Air
  • Levels: Bi-Level
  • Property Type: MultiFamily
  • Tenant Pays: Electricity, Gas, Heat, Sewer, Water
  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Window Features: Vinyl Clad Window(s)
  • Basement:None10: Yes
  • Appliances Range: Yes

Exterior Features

  • Fencing: Metal
  • Roof: Composition, Shingle
  • Construction Type: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Construction Materials:Brick2: Yes
  • Patio and Porch Features:Patio: Yes
  • Window Features:Vinyl Clad Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, No Garage
  • Total Parking Spaces: 4.0
  • Parking Features:Driveway: Yes
  • Parking Features:No Garage: 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

Fee Information

  • Trash Expense: 150.0
  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: River Ridge Elementary
  • Junior High Dist: Kenton Co Public
  • High School: Dixie Heights High
  • Middle Or Junior School: Turkey Foot Middle School

Lot Info

  • Lot Size Sq Ft: 8999.5
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 18900.0
  • Number Of Units Total: 2
  • Vacancy Allowance Rate: 1890.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Oct 22, 2020
Sold by
Herrle Jacob P and Herrle Camille E
Bought by
Vanwie Peter
Seller's Agent
Aaron Smith
Keller Williams Advisors
Buyer's Agent
Jessica Kirkpatrick
Horan Rosenhagen Real Estate
List Price
$159,900
Sold Price
$165,400
Premium/Discount to List
$5,500
3.44%
Current Estimated Value
$263,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,469
Avg. Annual Appreciation
9.38%
Original Mortgage
$162,404
Outstanding Balance
$143,524
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$120,345

Purchase Details

Closed on
Feb 19, 2018
Sold by
Baker Kathryn A
Bought by
Herrle Jacob P and Herrle Camille E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2007
Sold by
Kuhl Frances A
Bought by
Baker Kathryn A
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
Vanwie Peter $165,400 360 American Title Svcs Llc
Herrle Jacob P $138,000 Prominnent Title Agency Llc
Baker Kathryn A $60,000 Advanced Land Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanwie Peter $162,404
Previous Owner Herrle Jacob P $103,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2020 10/22/20 Sold $165,400 +3.4% $133 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $159,900 -- $128 / 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 $2,048 $206,700 $25,000 $181,700
2024 $2,119 $206,700 $25,000 $181,700
2023 $2,203 $206,700 $25,000 $181,700
2022 $1,845 $165,400 $25,000 $140,400
2021 $1,883 $165,400 $25,000 $140,400
2020 $1,600 $138,000 $25,000 $113,000
2019 $1,605 $138,000 $25,000 $113,000
2018 $1,242 $105,000 $15,000 $90,000
2017 $1,134 $105,000 $15,000 $90,000
2015 $1,103 $105,000 $15,000 $90,000
2014 $1,084 $105,000 $15,000 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 541867

Northern Kentucky Multiple Listing Service

APN: 002-20-06-006.00