NOT LISTED FOR SALE

646 Monroe St Newport, KY 41071

Estimated Value: $480,000 - $582,000

5 Beds
3.5 Baths
2,310 Sq Ft
$228/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $415,000 $180 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,957/month

11 Days on Market

Highlights

  • Property is near public transit
  • Stainless Steel Appliances
  • Window Unit Cooling System
  • Corner Lot
  • Fireplace
  • Storage

About This Home

As of July 2023

Great investment opportunity in the heart of the East Row Historic District! 3 unit building with large garage and 2 off-street parking spots! 2 Efficiency units on first floor. Large 2-3 bedroom unit on second and third floor with 1.5 baths and laundry. Updated kitchens with new appliances. Fresh paint throughout. All units currently leased in highly coveted location. Large garage with loft storage could be additional income generator!

Last Agent to Sell the Property

Mark Ramler

Pivot Realty Group License #221336 Listed on: 06/09/2023

Pivot Realty Group

Last Buyer's Agent

Victoria Bertram

Broering Appraisal&Realty, Inc License #181730

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 2,250 Sq Ft Lot
  • Lot Dimensions are 30 x 75
  • Privacy Fence
  • Corner Lot

Parking

  • 1 Car Garage
  • Side Facing Garage
  • Driveway
  • Assigned Parking

Home Design

  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Block And Beam Construction

Interior Spaces

  • 2,310 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Double Hung Windows
  • Storage
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • Property is near public transit

Schools

  • Npt Primary Intermed Elementary School
  • Newport Intermediate
  • Newport High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Available
  • Cable TV Available

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, water
  • Assessor Parcel Number 999-99-00-470.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

2,250 Sq Ft Lot

Parking

1

Listing Details

  • Cooling: Central Air, Window Unit(s)
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Owner Pays: Electricity, Gas, Sewer, Water
  • Lot Size Acres: 0.05
  • Year Built: 1890
  • Lot Size: 30 x 75
  • Directions: East 10th to Monroe. Building on corner of East 7th and Monroe St.
  • New Construction: No
  • Structure Type: Apartment
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Npt Primary Intermed
  • Location Tax Legal Info:Middle or Junior School: Newport Intermediate
  • Location Tax Legal Info:High School: Newport High
  • Contract Info:Auction YN: No
  • General Property Description:Half Baths: 1
  • General Property Description:Basement YN2: Yes
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: 30 x 75
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities Electric Company: Duke
  • Utilities Gas Company: Duke
  • Water Company: NKWD
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.052
  • General Property Description:Living Area: 2310.0
  • General Property Description:Lot Size Square Feet: 2250.0
  • Location Tax Legal Info:Tax ID: 999-99-00-470.00
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Foundation:Stone3: Yes
  • Fencing:Privacy: Yes
  • Cooling:Window Unit(s): Yes
  • Roof:Asphalt: Yes
  • General Property Description:_pound_ of Buildings: 2
  • Structure Type:Apartment: Yes
  • General Property Description:Number Of Units Total: 3
  • Levels:Three Or More2: Yes
  • Owner Pays:Electricity4: Yes
  • Owner Pays:Gas4: Yes
  • Unit Info:Efficiency Units: 2
  • Unit Type:Efficiency: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Storage
  • Heating: Natural Gas, Forced Air
  • Levels: Three Or More
  • Property Type: MultiFamily
  • Number Of Buildings: 2
  • Appliances: Electric Range, Stainless Steel Appliance(s), Gas Range, Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Living Area: 2310.0
  • Window Features: Double Hung, Insulated Window(s), Vinyl Clad Window(s), Vinyl Frames
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Appliances:Gas Range: Yes
  • Appliances:Electric Range: Yes
  • Laundry Features:In Unit: Yes
  • Interior Features:Storage11: Yes

Exterior Features

  • Fencing: Privacy
  • Roof: Asphalt, Shingle
  • Lot Features: Corner Lot, Near Public Transit
  • Construction Type: Block, Vinyl Siding
  • Foundation Details: Stone
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Corner Lot: Yes
  • Window Features:Insulated Window(s): Yes
  • Window Features:Vinyl Frames: Yes
  • Window Features:Double Hung: Yes
  • Window Features:Vinyl Clad Window(s): Yes
  • Construction Materials:Block3: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Driveway, Garage, Garage Faces Side
  • General Property Description:Garage Spaces: 1.0
  • Parking Features:Driveway: Yes
  • Parking Features:Garage5: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: In Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Heating:Natural Gas2: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Npt Primary Intermed
  • Junior High Dist: Newport Indep
  • High School: Newport High
  • Middle Or Junior School: Newport Intermediate

Lot Info

  • Lot Size Sq Ft: 2250.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Jul 31, 2023
Sold by
Kynd Properties Llc
Bought by
Muchmore Properties Llc
Seller's Agent
Mark Ramler
Pivot Realty Group
Buyer's Agent
Victoria Bertram
Broering Appraisal&Realty, Inc
List Price
$429,900
Sold Price
$415,000
Premium/Discount to List
-$14,900
-3.47%
Views
66
Current Estimated Value
$529,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,490
Avg. Annual Appreciation
9.29%
Original Mortgage
$332,000
Outstanding Balance
$323,230
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$202,451

Purchase Details

Listed on
Aug 18, 2020
Closed on
Sep 3, 2020
Sold by
Fox Matt I
Bought by
Kynd Properties Llc
Seller's Agent
Michael Jackson
Sibcy Cline, REALTORS-Florence
Buyer's Agent
Mark Ramler
Pivot Realty Group
List Price
$200,000
Sold Price
$220,000
Premium/Discount to List
$20,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.37%

Purchase Details

Closed on
Dec 22, 2003
Sold by
Estate Of Gerald W Bittner and Muench Susan M
Bought by
Fox Matt I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,298
Interest Rate
5.82%
Mortgage Type
FHA
Source: Public Records
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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
Muchmore Properties Llc $415,000 None Listed On Document
Kynd Properties Llc $220,000 Central Land Title Agency Co
Fox Matt I $142,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muchmore Properties Llc $332,000
Previous Owner Fox Matt I $140,298
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2023 07/31/23 Sold $415,000 -3.5% $180 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $429,900 +95.4% $186 / Sq Ft
09/03/2020 09/03/20 Sold $220,000 0.0% $95 / Sq Ft View Prior Sale
08/21/2020 08/21/20 Price Changed $220,000 +10.0% $95 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $200,000 -- $87 / Sq Ft
Source: Northern Kentucky Multiple Listing Service

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 $1,531 $415,000 $35,000 $380,000
2024 $1,598 $415,000 $35,000 $380,000
2023 $869 $220,000 $6,000 $214,000
2022 $1,013 $220,000 $6,000 $214,000
2021 $1,039 $220,000 $6,000 $214,000
2020 $790 $155,900 $6,000 $149,900
2019 $755 $146,200 $3,900 $142,300
2018 $746 $146,200 $3,900 $142,300
2017 $749 $146,200 $3,900 $142,300
2016 $691 $146,200 $0 $0
2015 $702 $146,200 $0 $0
2014 $689 $146,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 614328

Northern Kentucky Multiple Listing Service

APN: 999-99-00-470.00

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