48 Park Rd Covington, KY 41011
Lookout Heights NeighborhoodEstimated Value: $308,000 - $368,536
3
Beds
3
Baths
1,887
Sq Ft
$176/Sq Ft
Est. Value
Highlights
- Deck
- Property is near public transit
- Eat-In Kitchen
- Fort Wright Elementary School Rated A-
- Covered patio or porch
- Mini Split Air Conditioners
About This Home
As of April 2022Great 2 Family on a quiet walkable street in a very convenient location in fabulous condition. 1st floor
unit has 2 bedrooms, 2 full baths, large eat-in fully equipped kitchen, finished lower level and large
covered private deck, hardwood floors. 2nd floor has great open floor plan, eat-in kitchen and fabulous
condition. Laundry and storage area in the lower level and nice outdoor spaces.
Last Agent to Sell the Property
Comey & Shepherd, LLC License #195972 Listed on: 03/16/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,973
Year Built
- Built in 1954
Lot Details
- 6,081 Sq Ft Lot
- Lot Dimensions are 50 x 134
- Privacy Fence
Home Design
- Duplex
- Block Foundation
- Asphalt Roof
- Vinyl Siding
- Block And Beam Construction
Interior Spaces
- 1,887 Sq Ft Home
- 1.5-Story Property
- Brick Fireplace
- Vinyl Clad Windows
- Insulated Windows
- Entrance Foyer
- Basement Fills Entire Space Under The House
- Fire and Smoke Detector
- Laundry on lower level
Kitchen
- Eat-In Kitchen
- Electric Oven
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Parking
- Driveway
- Off-Street Parking
Outdoor Features
- Deck
- Covered patio or porch
Location
- Property is near public transit
Schools
- Ft Wright Elementary School
- Turkey Foot Middle School
- Dixie Heights High School
Utilities
- Mini Split Air Conditioners
- Forced Air Heating and Cooling System
- Furnace
- Separate Meters
- 220 Volts
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas, heat
- The owner pays for sewer, water
- Assessor Parcel Number 041-20-00-148.01
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $1,548
- Water Sewer Expense $1,200
- New Taxes Expense $2,064
- Gross Income $22,200
- Net Operating Income $17,388
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2022
Closed on
Apr 28, 2022
Sold by
Meade Brandon S and Meade Amber
Bought by
Winslow Pamela Susan
Seller's Agent
Bettina Ramundo
Comey & Shepherd, LLC
Buyer's Agent
Lori McClure
Pivot Realty Group
List Price
$290,000
Sold Price
$290,000
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
$41,384
Avg. Annual Appreciation
8.04%
Original Mortgage
$284,747
Outstanding Balance
$271,601
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$98,151
Purchase Details
Closed on
Apr 23, 2011
Sold by
Preece Kevin R
Bought by
Meade Brandon S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,187
Interest Rate
4.81%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 2, 2000
Sold by
Shultz Ronald J
Bought by
Preece Kevin R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
8.14%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Winslow Pamela Susan | $290,000 | None Listed On Document | |
| Meade Brandon S | $160,250 | Arrow Title Agency Llc | |
| Preece Kevin R | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Winslow Pamela Susan | $284,747 | |
| Previous Owner | Meade Brnadon S | $154,930 | |
| Previous Owner | Meade Brandon S | $156,187 | |
| Previous Owner | Preece Kevin R | $62,500 | |
| Previous Owner | Preece Kevin R | $49,200 | |
| Previous Owner | Preece Kevin R | $101,000 | |
| Previous Owner | Preece Kevin R | $104,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2022 04/28/22 | Sold | $290,000 | 0.0% | $154 / Sq Ft |
| 03/20/2022 03/20/22 | Pending | -- | -- | -- |
| 03/16/2022 03/16/22 | For Sale | $290,000 | -- | $154 / 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 | $2,973 | $290,000 | $45,000 | $245,000 |
| 2023 | $3,091 | $290,000 | $40,000 | $250,000 |
| 2022 | $2,001 | $180,000 | $40,000 | $140,000 |
| 2021 | $2,043 | $180,000 | $40,000 | $140,000 |
| 2020 | $2,064 | $180,000 | $40,000 | $140,000 |
| 2019 | $2,015 | $175,000 | $40,000 | $135,000 |
| 2018 | $2,021 | $175,000 | $40,000 | $135,000 |
| 2017 | $1,965 | $175,000 | $40,000 | $135,000 |
| 2015 | $1,743 | $160,200 | $20,000 | $140,200 |
| 2014 | $1,714 | $160,200 | $20,000 | $140,200 |
Source: Public Records
Agents Affiliated with this Home
-
Bettina Ramundo
Seller's Agent in 2022
Bettina Ramundo
Comey & Shepherd, LLC
(513) 503-5305
1 in this area
121 Total Sales
-
Lori McClure
Buyer's Agent in 2022
Lori McClure
Pivot Realty Group
(859) 866-7201
1 in this area
90 Total Sales
Map
Source: Northern Kentucky Multiple Listing Service
MLS Number: 602112
APN: 041-20-00-148.01
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