3702 Decoursey Ave Covington, KY 41015
Ritte's East Latonia Neighborhood
--
Bed
--
Bath
3,536
Sq Ft
3,428
Sq Ft Lot
Highlights
- City View
- Stainless Steel Appliances
- Window Unit Cooling System
- Corner Lot
- Fireplace
- Baseboard Heating
About This Home
As of September 2024Discover a rare opportunity to invest in a historic gem in the heart of Covington.
This exceptional property showcases a timeless 1910 build with 2,424 SF spread
across 5 (4 Apartments, 1 Retail) units, ideal for multifamily/mixed use investors
seeking a unique investment. With a prime location in the Covington area and
zoned TUMU, this property offers endless potential for growth and
development. From its classic architecture to its prime positioning, this
property presents a compelling investment for those seeking to capitalize on
the thriving demand for residential spaces in the vibrant Covington community
Last Agent to Sell the Property
Copperwood Realty Group LLC License #265033 Listed on: 07/12/2024
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $2,186
Year Built
- Built in 1910
Lot Details
- 3,428 Sq Ft Lot
- Lot Dimensions are 50x69
- Corner Lot
Home Design
- Brick Exterior Construction
- Block Foundation
- Poured Concrete
- Membrane Roofing
- Concrete Perimeter Foundation
Interior Spaces
- 3,536 Sq Ft Home
- 3-Story Property
- Fireplace
- City Views
- Basement Fills Entire Space Under The House
Kitchen
- Electric Oven
- Dishwasher
- Stainless Steel Appliances
Parking
- Public Parking
- On-Street Parking
Schools
- Latonia Elementary School
- Holmes Middle School
- Holmes Senior High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
Community Details
- 5 Units
Listing and Financial Details
- Tenant pays for electricity, gas, sewer, water
- Assessor Parcel Number 056-32-02-001.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2024
Closed on
Sep 19, 2024
Sold by
Pointe Place Properties Llc
Bought by
Foust Holdings Llc
Seller's Agent
Sean Bradley
Copperwood Realty Group LLC
Buyer's Agent
Sean Bradley
Copperwood Realty Group LLC
List Price
$399,000
Sold Price
$399,000
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$562
Avg. Annual Appreciation
-2.23%
Original Mortgage
$319,200
Outstanding Balance
$307,632
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$82,839
Purchase Details
Closed on
Aug 30, 2013
Sold by
Riley James W and Riley Rita
Bought by
Ritte S Corner Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 2, 2004
Sold by
Drake Gregory M and Rush Drake Suzette D
Bought by
Riley James W and Riley Rita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,050
Interest Rate
5.77%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 15, 2000
Sold by
Diamond Dev Llc
Bought by
Drake Gregory M and Drake Suzette D Rush
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.17%
Mortgage Type
Commercial
Similar Homes in Covington, KY
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $399,000 | Kentucky Land Title | |
| Deed | $399,000 | Kentucky Land Title | |
| Deed | $180,000 | Kentucky Land Title Agency | |
| Warranty Deed | $153,000 | Advanced Land Title Agency | |
| Deed | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $319,200 | New Conventional | |
| Closed | $319,200 | New Conventional | |
| Previous Owner | $20,000 | Credit Line Revolving | |
| Previous Owner | $150,000 | Commercial | |
| Previous Owner | $20,000 | Commercial | |
| Previous Owner | $139,000 | Commercial | |
| Previous Owner | $115,000 | Commercial | |
| Previous Owner | $106,050 | Commercial | |
| Previous Owner | $75,000 | Credit Line Revolving | |
| Previous Owner | $120,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2024 09/19/24 | Sold | $399,000 | 0.0% | $113 / Sq Ft |
| 07/29/2024 07/29/24 | Pending | -- | -- | -- |
| 07/15/2024 07/15/24 | For Sale | $399,000 | -- | $113 / Sq Ft |
Source: Northern Kentucky Multiple Listing Service
Tax History Compared to Growth
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 | $2,186 | $166,200 | $3,500 | $162,700 |
| 2023 | $2,214 | $166,200 | $3,500 | $162,700 |
| 2022 | $2,587 | $166,200 | $3,500 | $162,700 |
| 2021 | $2,920 | $166,200 | $3,500 | $162,700 |
| 2020 | $2,907 | $166,200 | $3,500 | $162,700 |
| 2019 | $2,935 | $166,200 | $3,500 | $162,700 |
| 2018 | $3,201 | $180,000 | $3,500 | $176,500 |
| 2017 | $3,243 | $180,000 | $35,000 | $145,000 |
| 2015 | $3,418 | $180,000 | $35,000 | $145,000 |
| 2014 | $3,440 | $180,000 | $35,000 | $145,000 |
Source: Public Records
Agents Affiliated with this Home
-
Sean Bradley
Seller's Agent in 2024
Sean Bradley
Copperwood Realty Group LLC
(859) 331-2333
2 in this area
14 Total Sales
-
Steven J Popham
Buyer Co-Listing Agent in 2024
Steven J Popham
Save Direct Realty Inc.
(859) 802-4665
1 in this area
42 Total Sales
Map
Source: Northern Kentucky Multiple Listing Service
MLS Number: 624635
APN: 056-32-02-001.00
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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NKMLS. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers.
Listing information is deemed reliable, but not guaranteed.
Copyright 2025 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.
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