507 W 16th St Covington, KY 41014
Peaselburg NeighborhoodEstimated payment $1,543/month
Total Views
263,584
3
Beds
2
Baths
1,122
Sq Ft
$245
Price per Sq Ft
Highlights
- Property is near public transit
- Wood Flooring
- Neighborhood Views
- Traditional Architecture
- No HOA
- 1-minute walk to Lance Corporal Justin Sims Memorial Park
About This Home
Charming Covington home just steps from the vibrant mainstrasse area and minutes to all major highways and downtown Cincinnati! This aluminium-sided gem with block foundation offers a welcoming front porch and driveway for three cars on a fenced double lot and patio area—lot is perfect for a future garage or even a tiny home. Inside, you'll find fresh laminate flooring on the main level, a brick fireplace, and a bright dining room with ceiling fan. The kitchen features stylish two-tone cabinets, granite counters, and stainless appliances including a gas stove. Flexible layout offers 3-5 bedrooms and 2 full baths, with a first-floor primary and an office/bedroom option. Upstairs boasts 2 bedrooms and hardwood floors, while the finished lower level adds living space with office/workstations, full bath, and private walkout—ideal for Airbnb or rental potential. Located one block from the Covington St. Elizabeth facility, this is a dream for investors or those seeking versatility. Oh and a Washer & dryer is included—move-in ready with endless possibilities!
Home Details
Home Type
- Single Family
Year Built
- Built in 1928
Lot Details
- 5,657 Sq Ft Lot
- Chain Link Fence
- Cleared Lot
Home Design
- Traditional Architecture
- Block Foundation
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,122 Sq Ft Home
- 2-Story Property
- Non-Functioning Fireplace
- Insulated Windows
- Living Room
- Dining Room
- Home Office
- Neighborhood Views
Kitchen
- Gas Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Concrete
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry on lower level
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Parking
- 3 Parking Spaces
- Driveway
- Off-Street Parking
Outdoor Features
- Patio
- Porch
Location
- Property is near public transit
Schools
- Glenn O. Swing Elementary School
- Holmes Middle School
- Holmes Senior High School
Utilities
- Window Unit Cooling System
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 055-12-09-002.00
Matterport 3D Tour
Floorplans
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,181 | $89,100 | $5,000 | $84,100 |
| 2024 | $1,172 | $89,100 | $5,000 | $84,100 |
| 2023 | $1,187 | $89,100 | $5,000 | $84,100 |
| 2022 | $1,228 | $89,100 | $5,000 | $84,100 |
| 2021 | $1,047 | $65,000 | $5,000 | $60,000 |
| 2020 | $1,042 | $65,000 | $5,000 | $60,000 |
| 2019 | $1,053 | $65,000 | $5,000 | $60,000 |
| 2018 | $1,074 | $65,000 | $5,000 | $60,000 |
| 2017 | $1,089 | $65,000 | $6,000 | $59,000 |
| 2015 | $1,347 | $65,000 | $6,000 | $59,000 |
| 2014 | $1,281 | $65,000 | $6,000 | $59,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/29/2025 10/29/25 | Price Changed | $275,000 | -1.8% | $245 / Sq Ft |
| 09/05/2025 09/05/25 | For Sale | $280,000 | -- | $250 / Sq Ft |
Source: Northern Kentucky Multiple Listing Service
About the Listing Agent
As a dedicated real estate professional serving all of Northern Kentucky, I bring enthusiasm, organization, and a true passion for helping people. Whether you're a buyer, seller, investor, I am committed to making your experience smooth, successful, and even enjoyable. I pride myself on being honest, always available and truly listening to your needs. I work hard to understand exactly what my clients are looking for and how to deliver it. For sellers, I focus on strategies that not only
Martha's Other Listings
Source: Northern Kentucky Multiple Listing Service
MLS Number: 636035
APN: 055-12-09-002.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
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