NOT LISTED FOR SALE

536 Lexington Ave Newport, KY 41071

Estimated Value: $438,000 - $594,000

4 Beds
3 Baths
2,739 Sq Ft
$189/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $325,000 $119 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,002/month

3 Days on Market

Highlights

  • City View
  • Wood Frame Window
  • Mini Split Air Conditioners
  • 3 Fireplaces
  • 1 Car Detached Garage
  • 3-minute walk to Mansion Hill Park

About This Home

As of November 2020

East Row Historic District! This fabulous duplex is ready for a new owner. Boasting 3/2 and 1/1 units, it is perfect for an investor or owner occupant! Separate gas/electric. Recent update include exterior/interior paint, new windows, new HVAC, new appliances, new roof and so much more. Designer kitchens Tile bathrooms are ready to go. New carpeting or refinished hardwood alternative throughout. Original woodwork throughout. Soaring ceilings.Plenty of preserved historic charm but perfectly updated to suit modern tastes. Driveway offers off street parking & potential to update existing garage.

Last Agent to Sell the Property

Deron Schell

Huff Realty - Florence License #231105 Listed on: 10/02/2020

Huff Realty - Florence

Co-Listed By

Shannon Clark

Huff Realty - Florence License #219054

Last Buyer's Agent

Pete Kopf

Kopf Hunter Haas License #215181

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30x108

Parking

  • 1 Car Detached Garage
  • Rear-Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,739 Sq Ft Home
  • 3-Story Property
  • 3 Fireplaces
  • Non-Functioning Fireplace
  • Vinyl Clad Windows
  • Wood Frame Window
  • City Views
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Newport Elementary School
  • Newport Intermediate
  • Newport Alternate High School

Utilities

  • Mini Split Air Conditioners
  • Central Air
  • 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 999-99-02-920.00

Community Details

Overview

  • 2 Units
  • Mansion Hill Add Subdivision

Building Details

  • Insurance Expense $1,350
  • New Taxes Expense $3,438
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Lot Details

0

Parking

1

Listing Details

  • Cooling: Central Air
  • Property Sub Type: Multi Family
  • Owner Pays: Sewer, Water
  • Lot Size Acres: 0.07
  • Year Built: 130
  • Lot Size: 30x108
  • Co List Office Mls Id: o432500054
  • Co List Office Phone: 859-525-7900
  • Subdivision Name: Mansion Hill Add
  • Directions: From 6th St- North on Park to right on Lexington
  • New Construction: No
  • Structure Type: Duplex
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Newport Elementary
  • Location Tax Legal Info:Middle or Junior School: Newport Intermediate
  • Location Tax Legal Info:High School: Newport Alternate High
  • Location Tax Legal Info:Subdivision2: Other
  • Contract Info:Auction YN: No
  • General Property Description:Fireplace YN: Yes
  • General Property Description:Lot Size Dimensions: 30x108
  • Appliances Microwave: Yes
  • Cooling:Central Air: Yes
  • Parking Features Parking Total: 1
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Natural Gas Available: Yes
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.07
  • General Property Description:Living Area: 2739.0
  • General Property Description:Lot Size Square Feet: 3049.2
  • Security Features:Smoke Detector(s): Yes
  • Location Tax Legal Info:Tax ID: 999-99-02-920.00
  • Appliances Refrigerators: Yes
  • General Property Description:Fireplaces Total: 3
  • Appliances Dryer: Yes
  • Washers: Yes
  • View:City3: Yes
  • General Property Description:_pound_ of Buildings: 1
  • Utilities:Separate Air Condition: Yes
  • Utilities:Separate Furnace: Yes
  • Utilities:Separate Gas Electric: Yes
  • General Property Description:Number Of Units Total: 2
  • Structure Type:Duplex: Yes
  • Levels:Three Or More2: Yes
  • Financial Info:New Taxes Expense: 3438.0
  • Special Features: None

Interior Features

  • Heating: Natural Gas
  • Levels: Three Or More
  • Property Type: MultiFamily
  • Tenant Pays: Electricity, Gas, Heat
  • Number Of Buildings: 1
  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Inoperable
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 2739.0
  • Window Features: Vinyl Clad Window(s), Wood Frames
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Fireplace Features:Inoperable: Yes
  • Appliances Range: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • View: City
  • Roof: Shingle
  • View: Yes
  • Construction Type: Brick
  • Foundation Details: Other
  • Construction Materials:Brick2: Yes
  • Window Features:Vinyl Clad Window(s): Yes
  • Window Features:Wood Frames: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Driveway, Garage Faces Rear, Off Street
  • Total Parking Spaces: 1.0
  • General Property Description:Garage Spaces: 1.0
  • Parking Features:Driveway: Yes
  • Parking Features:Off Street2: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Garage Faces Rear: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: In Unit
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Heating:Natural Gas2: Yes

Schools

  • Elementary School: Newport Elementary
  • Junior High Dist: Newport Indep
  • High School: Newport Alternate High
  • Middle Or Junior School: Newport Intermediate

Lot Info

  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 31200.0
  • Number Of Units Total: 2
  • Insurance Expense: 1350.0

Tax Info

  • New Taxes Expense: 3438.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Nov 24, 2020
Sold by
Mikabby Investments Llc
Bought by
Bartell Christopher R
Seller's Agent
Deron Schell
Huff Realty - Florence
Buyer's Agent
Pete Kopf
Kopf Hunter Haas
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Current Estimated Value
$550,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,297
Avg. Annual Appreciation
9.59%
Original Mortgage
$225,000
Outstanding Balance
$199,302
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$317,315

Purchase Details

Closed on
Apr 29, 2019
Sold by
Dave A Kuhnhein Dave A and Kuhnhein Kara
Bought by
Mikabby Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bartell Christopher R $325,000 Prominent Title Agency Llc
Mikabby Investments Llc $180,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bartell Christopher R $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $325,000 -7.1% $119 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $350,000 -- $128 / 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
2025 $1,319 $342,500 $35,000 $307,500
2024 $1,319 $342,500 $35,000 $307,500
2023 $1,284 $325,000 $5,800 $319,200
2022 $1,430 $325,000 $5,800 $319,200
2021 $1,468 $325,000 $5,800 $319,200
2020 $891 $180,000 $5,800 $174,200
2019 $855 $170,000 $5,800 $164,200
2018 $844 $170,000 $5,800 $164,200
2017 $848 $170,000 $5,800 $164,200
2016 $789 $170,000 $0 $0
2015 $860 $183,800 $0 $0
2014 $843 $183,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 542280

Northern Kentucky Multiple Listing Service

APN: 999-99-02-920.00