NOT LISTED FOR SALE

422 W 10th St Newport, KY 41071

Estimated Value: $207,000 - $359,000

3 Beds
2 Baths
2,240 Sq Ft
$121/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $162,500 $73 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,498/month

7 Days on Market

About This Home

As of September 2021

Large Brick Two-Family Property In Booming Newport! Great First Investment Property, Addition To An Existing Portfolio, Or "House Hacking" Opportunity! Newer Roof, Plumbing, Electric, Furnaces, Water Heaters, And Potential For Off Street Parking.

Last Agent to Sell the Property

Julie Mai

Horan Rosenhagen Real Estate License #214982 Listed on: 07/20/2021

Last Buyer's Agent

Justin Davis

EXP Realty, LLC License #75947

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $689

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30x100

Home Design

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

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Non-Functioning Fireplace
  • Vinyl Clad Windows
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • On-Street Parking

Schools

  • Newport Elementary School
  • Newport Intermediate
  • Newport High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters

Community Details

  • 2 Units
  • Gross Income $14,100

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 999-99-04-627.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$689

Lot Details

0

Listing Details

  • Cooling: Window Unit(s)
  • Property Sub Type: Multi Family
  • Owner Pays: Sewer, Water
  • Lot Size Acres: 0.07
  • Year Built: 124
  • Lot Size: 30x100
  • Directions: I 471 to Memorial Pkwy/Newport Exit. Left on 10th Street
  • New Construction: No
  • Structure Type: Duplex
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Newport Elementary
  • Location Tax Legal Info:Middle or Junior School: Newport Intermediate
  • Location Tax Legal Info:High School: Newport High
  • Contract Info:Auction YN: No
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: 30x100
  • 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: 0.07
  • General Property Description:Living Area: 2240.0
  • General Property Description:Lot Size Square Feet: 3049.2
  • Location Tax Legal Info:Tax ID: 999-99-04-627.00
  • Appliances Refrigerators: Yes
  • Foundation:Stone3: Yes
  • Cooling:Window Unit(s): Yes
  • General Property Description:_pound_ of Buildings: 1
  • Utilities:Separate Furnace: Yes
  • Utilities:Separate Gas Electric: Yes
  • 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
  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Inoperable
  • Fireplace: No
  • Living Area: 2240.0
  • Window Features: Vinyl Clad Window(s)
  • Fireplace Features:Inoperable: Yes
  • Appliances Range: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick
  • Foundation Details: Stone
  • Construction Materials:Brick2: Yes
  • Window Features:Vinyl Clad 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
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Heating:Natural Gas2: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Newport Elementary
  • Junior High Dist: Newport Indep
  • High School: Newport High
  • Middle Or Junior School: Newport Intermediate

Lot Info

  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 14100.0
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Sep 3, 2021
Sold by
Gross David A and Gross Jessica
Bought by
Davis Justin
Seller's Agent
Julie Mai
Horan Rosenhagen Real Estate
Buyer's Agent
Justin Davis
EXP Realty, LLC
List Price
$165,000
Sold Price
$162,500
Premium/Discount to List
-$2,500
-1.52%
Current Estimated Value
$270,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,965
Avg. Annual Appreciation
13.44%
Original Mortgage
$149,063
Outstanding Balance
$136,032
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$134,434
Source: Public Records

Range of Values:

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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
Davis Justin $162,500 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Justin $149,063
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $162,500 -1.5% $73 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $165,000 -- $74 / 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 $689 $178,900 $10,000 $168,900
2023 $642 $162,500 $7,000 $155,500
2022 $785 $162,500 $7,000 $155,500
2021 $535 $96,600 $7,000 $89,600
2020 $543 $96,600 $7,000 $89,600
2019 $303 $38,700 $5,100 $33,600
2018 $300 $38,700 $5,100 $33,600
2017 $223 $20,000 $5,100 $14,900
2016 $172 $20,000 $0 $0
2015 $346 $61,200 $0 $0
2014 $341 $61,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 550965

Northern Kentucky Multiple Listing Service

APN: 999-99-04-627.00