JC
Jody Connett
Huff Realty - CC
(513) 586-6213
115 Total Sales
2 in Wallace Woods
$295K - $300K Price Range
509 Wallace Ave Covington, KY 41014
Wallace Woods NeighborhoodEstimated Value: $330,447
3
Beds
2.5
Baths
2,206
Sq Ft
$150/Sq Ft
Est. Value
Highlights
- City View
- Covered Patio or Porch
- Balcony
- 2 Fireplaces
- Stainless Steel Appliances
- Outdoor Grill
About This Home
As of February 2025Great 2 unit all brick building with long term tenants on 1 year leases at $1300 each. Property generates $2600 per month in rental income, tenants pay gas & electric, owner pays water/sewer. Both units were updated about 15 years ago and retain great historic charm as well. Property has fenced in backyard with covered porch. Great opportunity and location!
Last Agent to Sell the Property
Comey & Shepherd, REALTORS License #215839 Listed on: 07/23/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1913
Lot Details
- 4,795 Sq Ft Lot
- Wood Fence
Parking
- On-Street Parking
Home Design
- Duplex
- Brick Exterior Construction
- Stone Foundation
- Shingle Roof
Interior Spaces
- 2,206 Sq Ft Home
- 3-Story Property
- 2 Fireplaces
- Non-Functioning Fireplace
- Vinyl Clad Windows
- City Views
Kitchen
- Gas Oven
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Outdoor Features
- Balcony
- Covered Patio or Porch
- Outdoor Grill
Schools
- Sixth District Elementary School
- Holmes Middle School
- Holmes Senior High School
Utilities
- Mini Split Air Conditioners
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Furnace
- Separate Meters
Listing and Financial Details
- Tenant pays for electricity, gas, heat
- The owner pays for sewer, water
- Assessor Parcel Number 055-32-25-002.00
Community Details
Overview
- 2 Units
Building Details
- New Taxes Expense $5,210
- Gross Income $31,200
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2024
Closed on
Feb 14, 2025
Sold by
Bought by
Seller's Agent
Jonathan Amster
Comey & Shepherd, REALTORS
Buyer's Agent
Jody Connett
Huff Realty - CC
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Views
84
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
$30,447
Avg. Annual Appreciation
6.61%
Original Mortgage
$240,000
Outstanding Balance
$236,736
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$93,711
Purchase Details
Listed on
Apr 7, 2021
Closed on
May 10, 2021
Sold by
Bought by
Seller's Agent
Whitney Jolly
Keller Williams Realty Service
Buyer's Agent
Jody Connett
Huff Realty - CC
List Price
$275,000
Sold Price
$271,500
Premium/Discount to List
-$3,500
-1.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.68%
Purchase Details
Closed on
Apr 24, 2013
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 10, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,893
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 28, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 27, 1997
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Wallace Woods, KY
-
Jody Connett
-
Kim Hermann
Kim Hermann
Huff Realty - CC
(859) 479-0331
240 Total Sales
2 in Wallace Woods
$105K - $310K Price Range
-
Teresa Gillum
Teresa Gillum
eXp Realty
(859) 927-3267
113 Total Sales
1 in Wallace Woods
$107,500 Price
-
Kellie Barter
Kellie Barter
Weichert, REALTORS - R.E. 1790
(513) 572-6995
72 Total Sales
1 in Wallace Woods
$259,500 Price
-
Mike Wright
Mike Wright
Hoeting, Realtors
(513) 440-2953
157 Total Sales
1 in Wallace Woods
$205,000 Price
-
Kathy Wolfe
Kathy Wolfe
Keller Williams Realty Service
(859) 888-1955
51 Total Sales
1 in Wallace Woods
$169,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $300,000 | None Listed On Document | ||
| $271,500 | None Available | ||
| $162,000 | Lawyers Title Cincinnati Inc | ||
| $162,000 | None Available | ||
| $124,000 | Priority Land Title Agency | ||
| $58,440 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $240,000 | ||
| Closed | $240,000 | ||
| Previous Owner | $406,125 | ||
| Previous Owner | $129,600 | ||
| Previous Owner | $157,893 | ||
| Previous Owner | $52,079 | ||
| Previous Owner | $20,125 | ||
| Previous Owner | $106,500 | ||
| Previous Owner | $28,400 | ||
| Previous Owner | $100,800 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/14/2025 02/14/25 | Sold | $300,000 | -7.7% | $136 / Sq Ft | |
| 01/15/2025 01/15/25 | Pending | -- | -- | -- | |
| 11/07/2024 11/07/24 | For Sale | $325,000 | 0.0% | $147 / Sq Ft | |
| 08/27/2024 08/27/24 | Pending | -- | -- | -- | |
| 07/23/2024 07/23/24 | For Sale | $325,000 | +19.7% | $147 / Sq Ft | |
| 05/10/2021 05/10/21 | Sold | $271,500 | -1.3% | $123 / Sq Ft | View Prior Sale |
| 04/10/2021 04/10/21 | Pending | -- | -- | -- | |
| 04/07/2021 04/07/21 | For Sale | $275,000 | -- | $125 / Sq Ft |
Source: Northern Kentucky Multiple Listing Service
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,597 | $271,500 | $5,000 | $266,500 |
| 2024 | $3,570 | $271,500 | $5,000 | $266,500 |
| 2023 | $3,616 | $271,500 | $5,000 | $266,500 |
| 2022 | $3,590 | $271,500 | $5,000 | $266,500 |
| 2021 | $2,497 | $162,000 | $5,000 | $157,000 |
| 2020 | $2,484 | $162,000 | $5,000 | $157,000 |
| 2019 | $2,512 | $162,000 | $5,000 | $157,000 |
| 2018 | $2,565 | $162,000 | $5,000 | $157,000 |
| 2017 | $2,602 | $162,000 | $15,000 | $147,000 |
| 2015 | $3,232 | $162,000 | $15,000 | $147,000 |
| 2014 | $3,102 | $162,000 | $15,000 | $147,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Amster
Seller's Agent in 2025
Jonathan Amster
Comey & Shepherd, REALTORS
(513) 307-3937
1 in this area
86 Total Sales
-
Jody Connett
J
Buyer's Agent in 2025
Jody Connett
Huff Realty - CC
(859) 630-0867
2 in this area
115 Total Sales
-
Whitney Jolly
Seller's Agent in 2021
Whitney Jolly
Keller Williams Realty Service
(859) 380-5811
144 Total Sales
Map
Source: Northern Kentucky Multiple Listing Service
MLS Number: 624884
APN: 055-32-25-002.00
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.
Copyright 2026 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.
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