NOT LISTED FOR SALE

524 S Grand Ave Fort Thomas, KY 41075

Estimated Value: $442,473

-- Bed
4 Baths
-- Sq Ft
0.43 Acres

Last Sold April 08, 2022

Last sale price $375,000

Est. 18% increase in value since last sale

Current estimated payment $2,512/month

6 Days on Market

Highlights

  • 0.43 Acre Lot
  • Fireplace
  • 4 Car Garage
  • Highlands Middle School Rated A
  • Mini Split Air Conditioners

About This Home

As of April 2022

Multifamily available in the desirable community centric Fort Thomas neighborhood (4) 1 Bedroom 1 Bathroom units fully occupied. Majority of utilities separated including hot water units, water/sewer, and electric. Owner pays for boiler heat. Two double car garages for parking in back. Hardwood floors and sits on a lot just under half an acre. Close to NKU and Downtown Cincinnati.

Open House - Sunday 2/27 - 11:00 - 5:00

Last Agent to Sell the Property

John Hodge

Horan Rosenhagen Real Estate License #260532 Listed on: 02/21/2022

Last Buyer's Agent

Emily Rachford

Keller Williams Realty Services License #265147

Keller Williams Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,444

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 70' x 240'

Parking

  • 4 Car Garage
  • Off-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3-Story Property
  • Fireplace
  • Vinyl Clad Windows
  • Basement Fills Entire Space Under The House

Schools

  • Woodfill Elementary School
  • Highlands Middle School
  • Highlands High School

Utilities

  • Mini Split Air Conditioners
  • Window Unit Cooling System
  • Cable TV Available

Community Details

  • 4 Units
  • Gross Income $33,660

Listing and Financial Details

  • Tenant pays for electricity, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,444

Lot Details

0

Parking

4

Listing Details

  • Cooling: Window Unit(s)
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.43
  • Lot Size: 70' x 240'
  • Directions: 524 S grand Ave - across from Pebble Creek Circle
  • New Construction: No
  • Structure Type: Quadruplex
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Woodfill Elementary
  • Location Tax Legal Info:Middle or Junior School: Highlands Middle School
  • Location Tax Legal Info:High School: Highlands High
  • Contract Info:Auction YN: No
  • General Property Description:Basement YN2: Yes
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: 70' x 240'
  • Foundation:Poured Concrete: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.43
  • Location Tax Legal Info:Tax ID: n/a
  • Appliances Refrigerators: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Water Available: Yes
  • Cooling:Window Unit(s): Yes
  • General Property Description:_pound_ of Buildings: 1
  • Utilities:Separate Air Condition: Yes
  • General Property Description:Number Of Units Total: 4
  • Levels:Three Or More2: Yes
  • Structure Type:Quadruplex: Yes
  • Special Features: None

Interior Features

  • Heating: See Remarks
  • Levels: Three Or More
  • Property Type: MultiFamily
  • Tenant Pays: Electricity, Sewer, Water
  • Number Of Buildings: 1
  • Appliances: Refrigerator
  • Fireplace: No
  • Window Features: Vinyl Frames
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick, Concrete
  • Foundation Details: Poured Concrete
  • Construction Materials:Brick2: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Concrete: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage, Off Street
  • General Property Description:Garage Spaces: 4.0
  • Parking Features:Garage5: Yes
  • Parking Features:Off Street2: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Utilities: Cable Available, Sewer Available, Water Available
  • Heating:See Remarks57: Yes

Schools

  • Elementary School: Woodfill Elementary
  • Junior High Dist: Ft Thomas Indep
  • High School: Highlands High
  • Middle Or Junior School: Highlands Middle School

Lot Info

  • Lot Size Sq Ft: 18730.8
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 33660.0
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2022
Closed on
Apr 8, 2022
Sold by
Tower Place Properties Llc
Bought by
Diedrich Adam and Diedrich Sadie
Seller's Agent
John Hodge
Horan Rosenhagen Real Estate
Buyer's Agent
Emily Rachford
Keller Williams Realty Services
List Price
$369,000
Sold Price
$375,000
Premium/Discount to List
$6,000
1.63%
Current Estimated Value
$442,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,473
Avg. Annual Appreciation
4.94%
Original Mortgage
$281,250
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2009
Sold by
Walshe Fiona and Keegan Marian
Bought by
Busken Robert

Purchase Details

Closed on
Sep 19, 2006
Sold by
Gibson Grady A and Gibson Suzanne
Bought by
Keegan Marian and Walshe Fiona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
6.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2000
Sold by
Youtsey R Allen
Bought by
Gibson Grady A and Gibson Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.88%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Diedrich Adam $375,000 360 American Title
Diedrich Adam $375,000 360 American Title
Busken Robert $165,000 None Available
Keegan Marian $245,000 Reserve Title Services
Gibson Grady A $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diedrich Adam $390,000
Closed Diedrich Adam $281,250
Previous Owner Tower Place Properties Llc $165,000
Previous Owner Tower Place Properties Llc $140,000
Previous Owner Keegan Marian $183,750
Previous Owner Gibson Grady A $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $375,000 +1.6% --
02/28/2022 02/28/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $369,000 -- --
Source: Northern Kentucky Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

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 $1,444 $375,000 $100,000 $275,000
2023 $1,481 $375,000 $100,000 $275,000
2022 $1,669 $350,000 $100,000 $250,000
2021 $1,078 $195,300 $27,300 $168,000
2020 $1,094 $195,300 $27,300 $168,000
2019 $1,102 $195,300 $27,300 $168,000
2018 $1,089 $195,300 $27,300 $168,000
2017 $1,054 $186,000 $27,300 $158,700
2016 $945 $186,000 $0 $0
2015 $959 $186,000 $0 $0
2014 $942 $186,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 601504

Northern Kentucky Multiple Listing Service

APN: 999-99-17-446.00