NOT LISTED FOR SALE

Estimated Value: $200,861

7 Beds
4 Baths
-- Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: May 7, 2021

Last sale price $162,500

Est. 24% increase in value since last sale

Current estimated payment $1,254 / mo

137 Days on Market

About This Home

As of May 2021

Excellent investment opportunity! This 4 family has a good rental history and is located in a high traffic area in the city limits of Dry Ridge. Conveniently located and walking distance to shopping, post office, restaurants and other necessities. This building has paid for itself many times over!

Last Agent to Sell the Property

Ronald Brossart

RE/MAX Victory + Affiliates License #204452 Listed on: 10/26/2020

RE/MAX Victory + Affiliates

Last Buyer's Agent

Josh House

Realiant Northern KY LLC License #220133

Property Details

Home Type

  • Multi-Family

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Poured Concrete
  • Shingle Roof
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows
  • Insulated Windows

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Parking

  • 6 Parking Spaces
  • No Garage
  • Parking Lot

Schools

  • Dry Ridge Elementary School
  • Grant County Middle School
  • Grant County High School

Utilities

  • Mini Split Air Conditioners
  • Central Air
  • Heat Pump System
  • Furnace
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, heat
  • The owner pays for sewer, water
  • Assessor Parcel Number 046-01-00-198.00

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,800
  • Trash Expense $516
  • Water Sewer Expense $3,792
  • New Taxes Expense $1,657
  • Gross Income $28,440

Property Details

Home Type

Multi-Family

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Cooling: Central Air
  • Property Condition: Unknown
  • Property Sub Type: Multi Family
  • Owner Pays: Sewer, Water
  • Lot Size Acres: 0.21
  • Lot Size: Irregular
  • Directions: I/75 South to Dry Ridge exit #159, left off exit to right on US 25 South, Property on Right.
  • New Construction: No
  • Structure Type: Apartment
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Dry Ridge Elementary
  • Location Tax Legal Info:Middle or Junior School: Grant County Middle School
  • Location Tax Legal Info:High School: Grant County High
  • Contract Info:Auction YN: No
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: Irregular
  • Cooling:Central Air: Yes
  • Foundation:Poured Concrete: Yes
  • Parking Features Parking Total: 6
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Natural Gas Available: Yes
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.21
  • General Property Description:Lot Size Square Feet: 9147.6
  • Location Tax Legal Info:Tax ID: 046-01-00-198.00
  • Appliances Refrigerators: Yes
  • General Property Description:_pound_ of Buildings: 1
  • Utilities:Separate Air Condition: Yes
  • Utilities:Separate Furnace: Yes
  • Utilities:Separate Gas Electric: Yes
  • Structure Type:Apartment: Yes
  • General Property Description:Number Of Units Total: 4
  • Levels:Two2: Yes
  • Roof:Membrane: Yes
  • Financial Info:New Taxes Expense: 1657.0
  • Financial Info:Trash Expense: 516.0
  • Financial Info:Water Sewer Expense: 3792.0
  • Special Features: None

Interior Features

  • Basement: None
  • Heating: Electric, Heat Pump
  • Levels: Two
  • Property Type: MultiFamily
  • Tenant Pays: Electricity, Heat
  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Fireplace Features: None
  • Fireplace: No
  • Window Features: Insulated Window(s), Vinyl Clad Window(s)
  • Basement:None10: Yes
  • Appliances Range: Yes

Exterior Features

  • Roof: Membrane, Shingle
  • Construction Type: Vinyl Siding
  • Foundation Details: Poured Concrete
  • Construction Materials:Vinyl Siding: Yes
  • Window Features:Insulated Window(s): Yes
  • Window Features:Vinyl Clad Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot, No Garage
  • Total Parking Spaces: 6.0
  • Parking Features:No Garage: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Fee Information

  • Trash Expense: 516.0
  • Annual Water Sewer Expense: 3792.0

Schools

  • Elementary School: Dry Ridge Elementary
  • Junior High Dist: Grant Co Public
  • High School: Grant County High
  • Middle Or Junior School: Grant County Middle School

Lot Info

  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 28440.0
  • Number Of Units Total: 4
  • Insurance Expense: 1800.0

Tax Info

  • New Taxes Expense: 1657.0

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
Oct 26, 2020
Closed on
May 7, 2021
Sold by
Bought by
Seller's Agent
Ronald Brossart
RE/MAX Victory + Affiliates
Buyer's Agent
Josh House
Realiant Northern KY LLC
List Price
$180,000
Sold Price
$162,500
Premium/Discount to List
-$17,500
-9.72%
Current Estimated Value
$200,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,361
Original Mortgage
$237,000
Interest Rate
0.031%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2019
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
$103,000
Interest Rate
0.037%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2017
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
$75,000
Interest Rate
0.0382%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$162,500 None Available
$137,500 None Available
$100,000 None Available
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 $237,000
Previous Owner $103,000
Previous Owner $75,000
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
05/07/2021 05/07/21 Sold $162,500 -9.7% --
03/12/2021 03/12/21 Pending -- -- --
10/26/2020 10/26/20 For Sale $180,000 -- --
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 $1,953 $162,500 $0 $0
2024 $1,979 $162,500 $0 $0
2023 $1,818 $162,500 $0 $0
2022 $1,845 $162,500 $0 $0
2021 $1,656 $145,000 $0 $0
2020 $1,657 $145,000 $0 $0
2019 $1,207 $100,000 $0 $0
2018 $1,200 $100,000 $0 $0
2017 $1,460 $125,000 $0 $0
2014 $1,281 $125,000 $0 $0
2012 $1,210 $125,000 $25,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 543297

Northern Kentucky Multiple Listing Service

APN: 046-01-00-199.00

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