T
Seller's Agent in 2023
The Treas Team
Huff Realty - Florence
(859) 525-5788
7 in this area
554 Total Sales
614 E 16th St Covington, KY 41014
Austinburg NeighborhoodEstimated Value: $188,000 - $215,000
3
Beds
2
Baths
1,800
Sq Ft
$112/Sq Ft
Est. Value
Highlights
- Fireplace
- Wood Siding
- 2-minute walk to Clayton Meyer Park
- Window Unit Cooling System
- Heating System Uses Natural Gas
About This Home
As of June 2023Amazing opportunity to own this stunning duplex with a 1 bedroom and 2 bedroom unit in the heart of Covington. Both units are rehabbed and fully rented for $900 a unit-separate electric & gas paid by the tenant-landlord only pays water, sanitation & trash-neutral décor throughout-easy to manage yard-convenient location & so much more. Why invest in the stock market when you can earn a high cap rate as well as the market appreciation. Schedule a showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,433
Lot Details
- 3,476 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Stone Foundation
- Shingle Roof
- Wood Siding
- Stucco
Interior Spaces
- 1,800 Sq Ft Home
- 2-Story Property
- Fireplace
- Vinyl Clad Windows
- Basement Fills Entire Space Under The House
- Gas Oven
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Sixth District Elementary School
- Holmes Middle School
- Holmes Senior High School
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 055-31-25-006.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2023
Closed on
Jun 13, 2023
Sold by
Petrie Ryan and Petrie Julia
Bought by
Knierim Micheal
Seller's Agent
The Treas Team
Huff Realty - Florence
Buyer's Agent
The Berens Team
Keller Williams Realty Services
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%
Views
90
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
$16,255
Avg. Annual Appreciation
3.87%
Original Mortgage
$85,000
Outstanding Balance
$83,027
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$118,228
Purchase Details
Closed on
Oct 9, 2018
Sold by
Higgs Adam and Higgs Linda Lee
Bought by
Higgs Adam Giovanni and Higgs Linda Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 1, 2016
Sold by
M & C Gallagher Llc
Bought by
Higgs Adam
Purchase Details
Closed on
Feb 25, 2008
Sold by
Federal National Mortgage Association
Bought by
Gallagher M and Gallagher C
Purchase Details
Closed on
Aug 27, 2007
Sold by
Oaks Mark E and Oaks Sabine B
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Nov 20, 2000
Sold by
Poe Dennis M
Bought by
Oaks Mark Sabine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,155
Interest Rate
7.83%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Knierim Micheal | $185,000 | None Listed On Document | |
| Higgs Adam Giovanni | -- | Sojourners Title Agency | |
| Higgs Adam | $27,000 | 360 American Title Svcs Llc | |
| Gallagher M | $14,000 | None Available | |
| Federal National Mortgage Association | $30,000 | None Available | |
| Oaks Mark Sabine | $41,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Knierim Micheal | $85,000 | |
| Previous Owner | Higgs Adam Giovanni | $56,250 | |
| Previous Owner | Higgs Linda Lee | $31,500 | |
| Previous Owner | Oaks Mark Sabine | $41,155 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2023 06/13/23 | Sold | $185,000 | -7.5% | $103 / Sq Ft |
| 05/01/2023 05/01/23 | Pending | -- | -- | -- |
| 04/20/2023 04/20/23 | For Sale | $200,000 | +21.2% | $111 / Sq Ft |
| 06/30/2022 06/30/22 | Sold | $165,000 | 0.0% | $124 / Sq Ft |
| 05/28/2022 05/28/22 | Pending | -- | -- | -- |
| 05/26/2022 05/26/22 | For Sale | $165,000 | -- | $124 / 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 | $2,433 | $185,000 | $5,000 | $180,000 |
| 2023 | $2,198 | $165,000 | $5,000 | $160,000 |
| 2022 | $658 | $45,000 | $5,000 | $40,000 |
| 2021 | $479 | $27,000 | $5,000 | $22,000 |
| 2020 | $477 | $27,000 | $5,000 | $22,000 |
| 2019 | $481 | $27,000 | $5,000 | $22,000 |
| 2018 | $490 | $27,000 | $5,000 | $22,000 |
| 2017 | $496 | $27,000 | $8,000 | $19,000 |
| 2015 | $676 | $25,000 | $8,000 | $17,000 |
| 2014 | $323 | $14,000 | $6,000 | $8,000 |
Source: Public Records
Agents Affiliated with this Home
-
The Treas Team
-
The Berens Team
T
Buyer's Agent in 2023
The Berens Team
Keller Williams Realty Services
(859) 663-8464
6 in this area
260 Total Sales
-
Michael Gentry
Seller's Agent in 2022
Michael Gentry
Pivot Realty Group
(859) 578-8111
1 in this area
21 Total Sales
Map
Source: Northern Kentucky Multiple Listing Service
MLS Number: 612881
APN: 055-31-25-006.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Nearby Homes
- 519 E 17th St
- 401-03 Oliver St
- 614 E 18th St
- 403 Oliver St
- 401 Oliver St
- 619 E 18th St
- 404 Delmar Place
- 1713 Garrard St
- 214 Clifton Ave
- 1413 Kendall St
- 1913 Denver St
- 616 E 21st St
- 1510 Wheeler St
- 1701 Greenup St Unit 5
- 2111 Glenway Ave
- 1904 Greenup St
- 2114 1/2 Glenway Ave
- 503 W 13th St
- 1409 Greenup St
- 1816 Scott Blvd