NOT LISTED FOR SALE

626 Philadelphia St Unit 28 Covington, KY 41011

Mainstrasse Neighborhood

Estimated Value: $311,000 - $396,000

1 Bed
2 Baths
1,619 Sq Ft
$214/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $250,000 $154 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,071/month

1 Day on Market

Highlights

  • City View
  • Wood Frame Window
  • Baseboard Heating
  • 2 Fireplaces
  • 1-Story Property
  • 2-minute walk to Goebel Park

About This Home

As of July 2023

*** This property is in multiple offers. Seller is calling for highest and best by 5:00PM today 07/13/2023***Check out this 2 Unit property WITH PARKING in Main Strasse! Great income producing potential OR live in one unit and rent the other. Needs some updating and personal touches but the location alone makes this one worth the work. Both units have hardwood floors and lots of character. Separate cellar space for each unit.

Last Agent to Sell the Property

Gregory Traynor

Wyndham Lyons Realty Ser LLC License #218786 Listed on: 07/11/2023

Co-Listed By

Kimberly Laffleur

Wyndham Lyons Realty Ser LLC License #251299

Last Buyer's Agent

Bob Searing

Keller Williams Realty Services License #243709

Keller Williams Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,288

Lot Details

  • 3,485

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Wood Frame Window
  • City Views

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 040-43-09-039.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,288

Lot Details

0

Listing Details

  • Cooling: None
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Lot Size: irregular
  • Co List Office Mls Id: o432501406
  • Co List Office Phone: 513-322-2905
  • Directions: 5th to Philadelphia
  • New Construction: No
  • Structure Type: Duplex
  • 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: No
  • General Property Description:Fireplace YN: Yes
  • General Property Description:Lot Size Dimensions: irregular
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax Legal Info:Tax ID: 040-43-09-039.00
  • General Property Description:Fireplaces Total: 2
  • Foundation:Stone3: Yes
  • View:City3: Yes
  • Cooling:None9: Yes
  • General Property Description:_pound_ of Buildings: 1
  • Levels:One2: Yes
  • Utilities:Separate Gas Electric: Yes
  • General Property Description:Number Of Units Total: 2
  • Structure Type:Duplex: Yes
  • Special Features: None

Interior Features

  • Heating: Baseboard
  • Levels: One
  • Property Type: MultiFamily
  • Number Of Buildings: 1
  • Appliances: Gas Range, Gas Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplaces: 2
  • Fireplace: Yes
  • Window Features: Wood Frames
  • Appliances:Gas Range: Yes
  • Appliances:Gas Oven: Yes

Exterior Features

  • View: City
  • Roof: Shingle
  • View: Yes
  • Construction Type: Brick
  • Foundation Details: Stone
  • Construction Materials:Brick2: Yes
  • Window Features:Wood Frames: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: 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

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Jul 27, 2023
Sold by
626-628 Philadelphia Llc
Bought by
Lonneman Ilona Casparean and Lonneman Kevin
Seller's Agent
Gregory Traynor
Wyndham Lyons Realty Ser LLC
Buyer's Agent
Bob Searing
Keller Williams Realty Services
List Price
$240,000
Sold Price
$250,000
Premium/Discount to List
$10,000
4.17%
Views
19
Current Estimated Value
$325,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,357
Avg. Annual Appreciation
15.15%

Purchase Details

Closed on
Feb 11, 2011
Sold by
Morgan Robert
Bought by
626-628 Philadelphia Llc

Purchase Details

Closed on
May 11, 1999
Sold by
Willman James
Bought by
Morgan Robert
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lonneman Ilona Casparean $250,000 360 American Title
626-628 Philadelphia Llc -- None Available
Morgan Robert $22,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $250,000 +4.2% $154 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $240,000 -- $148 / 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 $3,288 $250,000 $10,000 $240,000
2023 $1,441 $105,000 $10,000 $95,000
2022 $1,434 $105,000 $10,000 $95,000
2021 $1,196 $75,000 $10,000 $65,000
2020 $1,190 $75,000 $10,000 $65,000
2019 $1,203 $75,000 $10,000 $65,000
2018 $1,228 $75,000 $10,000 $65,000
2017 $1,089 $65,000 $10,000 $55,000
2015 $1,422 $65,000 $10,000 $55,000
2014 $1,281 $65,000 $10,000 $55,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 615132

Northern Kentucky Multiple Listing Service

APN: 040-43-09-039.00