Seller's Agent in 2023
Lindsay Heeger
eXp Realty LLC
(859) 468-9823
4 in this area
125 Total Sales
512 Palace Ave Unit 14 Elsmere, KY 41018
Estimated Value: $225,000 - $316,000
4
Beds
2
Baths
1,550
Sq Ft
$178/Sq Ft
Est. Value
Highlights
- Private Yard
- Mini Split Air Conditioners
- Forced Air Heating and Cooling System
- Fireplace
About This Home
As of August 2023*OPEN HOUSE CANCELED * Here is your opportunity to start or add to your rental portfolio! Or live in one side and rent the other! Both units are 2 bedroom 1 bath with basement. Left unit is vacant and move-in ready and recently lightly remodeled. Right side has a long term tenant on month to month. Separate utilities-tenants pay everything except trash.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,577
Year Built
- Built in 1994
Lot Details
- 0.28 Acre Lot
- Private Yard
Parking
- Driveway
Home Design
- Duplex
- Brick Exterior Construction
- Poured Concrete
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,550 Sq Ft Home
- 2-Story Property
- Fireplace
- Insulated Windows
Kitchen
- Electric Range
- Microwave
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Schools
- Howell Elementary School
- Tichenor Middle School
- Lloyd High School
Utilities
- Mini Split Air Conditioners
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Furnace
- Separate Meters
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for electricity, gas, sewer, water
- Assessor Parcel Number 004-30-21-088.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2023
Closed on
Aug 31, 2023
Sold by
Roark Mary Ann and Roark Anthony A
Bought by
Larison John Zachary
Seller's Agent
Lindsay Heeger
eXp Realty LLC
Buyer's Agent
Grace Vail
Huff Realty - Ft. Mitchell
List Price
$220,000
Sold Price
$233,000
Premium/Discount to List
$13,000
5.91%
Views
12
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
$43,465
Avg. Annual Appreciation
8.49%
Purchase Details
Closed on
Oct 23, 2014
Sold by
Funke David P and Funke Alisa A
Bought by
Roark Mary Ann and Roark Anthony A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
4.29%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 24, 2013
Sold by
Funke David P
Bought by
Funke David P and Roark Mary Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
4.31%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 22, 2006
Sold by
Estate Of Gregory Kornell Long Jr
Bought by
Funke David P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.49%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Sep 27, 2005
Sold by
Long & Kaiser Construction Co Of Ky
Bought by
Long Greg
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,515
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Larison John Zachary | $233,000 | 360 American Title | |
| Roark Mary Ann | -- | Kentucky Land Title Agency | |
| Funke David P | -- | None Available | |
| Funke David P | $122,500 | Springdale Title Agency Llc | |
| Long Greg | -- | Kentucky Land Title Agency I |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Roark Mary Ann | $93,500 | |
| Previous Owner | Funke David P | $92,000 | |
| Previous Owner | Funke David P | $98,000 | |
| Previous Owner | Long Greg | $268,515 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/31/2023 08/31/23 | Sold | $233,000 | +5.9% | $150 / Sq Ft |
| 07/22/2023 07/22/23 | Pending | -- | -- | -- |
| 07/21/2023 07/21/23 | For Sale | $220,000 | -- | $142 / 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 | $3,577 | $233,000 | $35,000 | $198,000 |
| 2023 | $2,398 | $160,000 | $35,000 | $125,000 |
| 2022 | $2,249 | $134,800 | $20,000 | $114,800 |
| 2021 | $2,278 | $134,800 | $20,000 | $114,800 |
| 2020 | $2,265 | $134,800 | $20,000 | $114,800 |
| 2019 | $2,234 | $134,800 | $20,000 | $114,800 |
| 2018 | $2,079 | $122,500 | $20,000 | $102,500 |
| 2017 | $1,956 | $122,500 | $20,000 | $102,500 |
| 2015 | $2,308 | $122,500 | $20,000 | $102,500 |
| 2014 | $2,258 | $122,500 | $20,000 | $102,500 |
Source: Public Records
Agents Affiliated with this Home
-
Lindsay Heeger
-
Grace Vail
Buyer's Agent in 2023
Grace Vail
Huff Realty - Ft. Mitchell
(859) 907-1734
2 in this area
39 Total Sales
Map
Source: Northern Kentucky Multiple Listing Service
MLS Number: 615469
APN: 004-30-21-088.00
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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 2025 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.
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