$470,000
SOLD OCT 7, 2024

4221 1/2 Lafayette Ct Erlanger, KY 41018

6 Beds
4 Baths
3,500 Sq Ft
10,168 Sq Ft Lot

Recently Sold

$134 Per Sq Ft

10% Below List Price

34 Days on Market

Highlights

  • Fireplace
  • Central Air
  • Hot Water Heating System

About This Home

As of October 2024

Beautiful all-brick 4-family home perfectly situated on a quiet dead-end street. The property features two spacious 2-bedroom units and two cozy 1-bedroom units, each boasting updated bathrooms and kitchens with new cabinets and granite counters. Fresh paint and new flooring is found throughout, and the roof is only 3 years old. Each unit has Central AC. Residents will appreciate the rear-entry 4-car garage, four washer/dryer hookups in the basement, and private basement storage rooms for each unit. Set on a large lot, this property provides a serene living environment with easy access to nearby amenities, making it an excellent investment or multi-family living opportunity.

Last Agent to Sell the Property

Matt Brock

Resource Realty Partners License #223022 Listed on: 08/01/2024

Last Buyer's Agent

Lisa Brandenburg

Huff Realty - Florence License #216051

Huff Realty - Florence

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,443

Year Built

  • Built in 1967

Lot Details

  • 10,168 Sq Ft Lot
  • Lot Dimensions are 39x292

Parking

  • 4 Car Garage
  • Rear-Facing Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Vinyl Clad Windows
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Basement

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

Schools

  • Miles Elementary School
  • Tichenor Middle School
  • Lloyd High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 003-40-01-051.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,443

Year Built

Built in 1967

Lot Details

0

Parking

4

Listing Details

  • Cooling: Central Air
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.23
  • Year Built: 1967
  • Lot Size: 39x292
  • Directions: Dixie, Right Sunrise, L Lafayette.
  • New Construction: No
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Miles Elementary School
  • Location Tax Legal Info:Middle or Junior School: Tichenor Middle School
  • Location Tax Legal Info:High School: Lloyd High
  • Contract Info:Auction YN: No
  • General Property Description:Basement YN2: Yes
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: 39x292
  • General Property Description:Approx SqFt2: 3500.0
  • Cooling:Central Air: Yes
  • Foundation:Poured Concrete: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electric Company: Duke
  • Utilities Gas Company: Duke
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.2334
  • General Property Description:Living Area: 3500.0
  • General Property Description:Lot Size Square Feet: 10168.0
  • Location Tax Legal Info:Tax ID: 003-40-01-051.00
  • Laundry Features:In Basement: Yes
  • General Property Description:_pound_ of Buildings: 1
  • General Property Description:Number Of Units Total: 4
  • Levels:Two2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Natural Gas, Hot Water
  • Levels: Two
  • Property Type: MultiFamily
  • Tenant Pays: Electricity
  • Number Of Buildings: 1
  • Appliances: None
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace: No
  • Living Area: 3500.0
  • Window Features: Vinyl Frames
  • Full Basement: Yes
  • Appliances:None18: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick
  • Foundation Details: Poured Concrete
  • Construction Materials:Brick2: Yes
  • Window Features:Vinyl Frames: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage Faces Rear, Off Street, On Street, Oversized
  • General Property Description:Garage Spaces: 4.0
  • Parking Features:Off Street2: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Oversized: Yes
  • Parking Features:Garage Faces Rear: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: In Basement
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Hot Water: Yes

Schools

  • Elementary School: Miles Elementary School
  • Junior High Dist: Erlanger/Elsmere
  • High School: Lloyd High
  • Middle Or Junior School: Tichenor Middle School

Lot Info

  • Lot Size Sq Ft: 10168.0
  • Zoning Description: Multi Family
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Dec 4, 2024
Sold by
Nwaisser Rami H and Nwaisser Cynthia
Bought by
Marble Properties Llc
Seller's Agent
Matt Brock
Resource Realty Partners
Buyer's Agent
Lisa Brandenburg
Huff Realty - Florence
List Price
$525,000
Sold Price
$470,000
Premium/Discount to List
-$55,000
-10.48%
Total Days on Market
34
Views
173
Current Estimated Value
$472,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,149
Avg. Annual Appreciation
0.69%
Original Mortgage
$352,500
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2024
Closed on
Oct 7, 2024
Sold by
Resource Realty Group Llc
Bought by
Nwaisser Rami H
Seller's Agent
Matt Brock
Resource Realty Partners
Buyer's Agent
Lisa Brandenburg
Huff Realty - Florence
List Price
$525,000
Sold Price
$470,000
Premium/Discount to List
-$55,000
-10.48%
Views
173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2024
Sold by
Adkins Theodore
Bought by
Resource Realty Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,760
Interest Rate
6.22%
Mortgage Type
Construction
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $470,000 None Listed On Document
Warranty Deed $300,000 360 American Title
Warranty Deed $300,000 360 American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $352,500 New Conventional
Previous Owner $366,760 Construction
Previous Owner $103,700 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2024 10/07/24 Sold $470,000 -9.6% $134 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
08/19/2024 08/19/24 Price Changed $519,900 -1.0% $149 / Sq Ft
08/15/2024 08/15/24 For Sale $525,000 0.0% $150 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $525,000 -- $150 / 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 $2,443 $183,000 $53,000 $130,000
2023 $2,377 $183,000 $53,000 $130,000
2022 $2,766 $174,000 $53,000 $121,000
2021 $2,802 $174,000 $53,000 $121,000
2020 $2,785 $174,000 $53,000 $121,000
2019 $2,746 $174,000 $53,000 $121,000
2018 $2,798 $174,000 $48,500 $125,500
2017 $2,431 $174,000 $48,500 $125,500
2015 $2,313 $174,000 $48,500 $125,500
2014 $2,245 $174,000 $48,500 $125,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 625178

Northern Kentucky Multiple Listing Service

APN: 003-40-01-051.00