NOT LISTED FOR SALE

Estimated Value: $369,320

-- Bed
2 Baths
3,102 Sq Ft
$119/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $465,000 $150 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $2,401/month

144 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Wood Frame Window
  • 2 Fireplaces
  • Neighborhood Views
  • 2-minute walk to George Steinford Park

About This Home

As of May 2024

If you've been looking for a unicorn then here's your opportunity... Currently set up as 7 individual office rentals with a separate carry out restaurant and outdoor dining area for seasonal enjoyment. There are unlimited possibilities being situated across from one of Covington's most iconic landmarks, The Carol Chimes Bell Tower and Geobel Park. Enjoy everything the Mainstrasse neighborhood has to offer and create a home for your business here or continue to lease as is. The main building on Philadelphia Street has a center staircase, a shared restroom and direct access to the garden. The restaurant building is located on W 6th Street and features a dramatic curved iron staircase to the second floor above the carryout restaurant. Schedule your showing today.

Last Agent to Sell the Property

Rebecca Weber

Comey & Shepherd REALTORS License #202929 Listed on: 10/05/2023

Comey & Shepherd REALTORS

Co-Listed By

Shawn Masters

Comey & Shepherd REALTORS License #220494

Last Buyer's Agent

Susan Huff

Huff Realty - Florence License #181847

Huff Realty - Florence

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,392

Year Built

  • Built in 1878

Lot Details

  • 4,900 Sq Ft Lot
  • Lot Dimensions are 49x100
  • Wrought Iron Fence
  • Aluminum or Metal Fence
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof
  • Membrane Roofing
  • Asphalt Roof

Interior Spaces

  • 3,102 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Decorative Fireplace
  • Double Hung Windows
  • Wood Frame Window
  • Entrance Foyer
  • Neighborhood Views
  • Partial Basement
  • Home Security System

Schools

  • John G. Carlisle Elementary School
  • Holmes Middle School
  • Holmes Senior High School

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Zoned Cooling
  • Radiant Heating System
  • Gas Available

Additional Features

  • Exterior Lighting
  • Efficiency Studio Dwelling Unit
  • Property is near public transit

Community Details

  • 2 Buildings
  • 7 Units

Listing and Financial Details

  • The owner pays for electricity, gas, heat, sewer, water
  • Assessor Parcel Number 040-43-08-023.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,392

Year Built

Built in 1878

Lot Details

0

Listing Details

  • Cooling: Zoned, Multi Units, Ductless, Wall Unit(s)
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Owner Pays: Electricity, Gas, Heat, Sewer, Water
  • Lot Size Acres: 0.11
  • Year Built: 1878
  • Lot Size: 49x100
  • Co List Office Mls Id: o432501465
  • Co List Office Phone: 859-415-2556
  • Directions: 5th Street exit in Mainstrasse to R on Philadelphia to 526 (at the intersectin of W6th and Philadelphia)
  • New Construction: No
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: John G. Carlisle Elementary
  • Location Tax Legal Info:Middle or Junior School: Holmes Middle School
  • Location Tax Legal Info:High School: Holmes Senior High
  • Contract Info:Auction YN: No
  • General Property Description:Basement YN2: Yes
  • General Property Description:Fireplace YN: Yes
  • General Property Description:Lot Size Dimensions: 49x100
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electric Company: DUKE
  • Utilities Gas Company: DUKE
  • Water Company: NKY Water
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.1125
  • General Property Description:Living Area: 3102.0
  • General Property Description:Lot Size Square Feet: 4900.0
  • Location Tax Legal Info:Tax ID: 040-43-08-023.00
  • General Property Description:Fireplaces Total: 2
  • Foundation:Stone3: Yes
  • Cooling:Wall Unit(s): Yes
  • Roof:Asphalt: Yes
  • Security Features:Security System: Yes
  • General Property Description:_pound_ of Buildings: 2
  • Utilities:Separate Air Condition: No
  • Utilities:Separate Furnace: No
  • General Property Description:Number Of Units Total: 7
  • Fencing:Metal4: Yes
  • Cooling:Multi Units: Yes
  • Roof:Membrane: Yes
  • Levels:Three Or More2: Yes
  • Fencing:Wrought Iron: Yes
  • Cooling:Zoned: Yes
  • Owner Pays:Electricity4: Yes
  • Owner Pays:Gas4: Yes
  • Cooling:Ductless: Yes
  • Unit Info:Efficiency Units: 7
  • Unit Type:Efficiency: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer
  • Heating: Radiant
  • Levels: Three Or More
  • Property Type: MultiFamily
  • Number Of Buildings: 2
  • Appliances: Other
  • Fireplace Features: Decorative
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 3102.0
  • Window Features: Double Hung, Wood Frames
  • Interior Features:Entrance Foyer2: Yes
  • Appliances:Other5: Yes
  • Basement:Partial: Yes
  • Fireplace Features:Decorative: Yes

Exterior Features

  • View: Neighborhood
  • Fencing: Wrought Iron, Metal
  • Roof: Asphalt, Membrane, Shingle
  • Lot Features: Corner Lot, Near Public Transit
  • View: Yes
  • Construction Type: Brick, Fiber Cement
  • Exterior Features: Fenced, Lighting
  • Foundation Details: Stone
  • Construction Materials:Brick2: Yes
  • Lot Features:Corner Lot: Yes
  • Window Features:Double Hung: Yes
  • Exterior Features:Fenced: Yes
  • Exterior Features:Lighting: Yes
  • Window Features:Wood Frames: Yes
  • Construction Materials:Fiber Cement: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking Features:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Radiant2: Yes

Schools

  • Elementary School: John G. Carlisle Elementary
  • Junior High Dist: Covington Indep
  • High School: Holmes Senior High
  • Middle Or Junior School: Holmes Middle School

Lot Info

  • Lot Size Sq Ft: 4900.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2024
Sold by
Mainspring Wellness Llc
Bought by
Arnmo Llc
Current Estimated Value
$369,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,487
Outstanding Balance
$314,610
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$54,710

Purchase Details

Closed on
Apr 11, 2008
Sold by
Killian Charles
Bought by
Village Idiot Llc

Purchase Details

Closed on
Dec 18, 2006
Sold by
Roberts Nancy S
Bought by
Killian Charles F

Purchase Details

Closed on
Dec 12, 2006
Sold by
Roberts David B and Roberts Nancy S
Bought by
Roberts Nancy S
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
Arnmo Llc -- None Listed On Document
Arnmo Llc -- None Listed On Document
Village Idiot Llc -- None Available
Killian Charles F $178,000 None Available
Roberts Nancy S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnmo Llc $368,487
Closed Arnmo Llc $368,487
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2024 05/06/24 Sold $465,000 -6.1% $150 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
10/24/2023 10/24/23 For Sale $495,000 0.0% $160 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $495,000 -- $160 / Sq Ft
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 $5,392 $410,000 $66,000 $344,000
2023 $2,771 $208,000 $66,000 $142,000
2022 $3,128 $208,000 $66,000 $142,000
2021 $3,545 $208,000 $66,000 $142,000
2020 $3,528 $208,000 $66,000 $142,000
2019 $3,564 $208,000 $66,000 $142,000
2018 $3,632 $208,000 $66,000 $142,000
2017 $3,336 $186,000 $50,000 $136,000
2015 $3,604 $186,000 $50,000 $136,000
2014 $3,528 $186,000 $50,000 $136,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 617526

Northern Kentucky Multiple Listing Service

APN: 040-43-08-023.00