NOT LISTED FOR SALE

648 Friars Ln Unit 6 Florence, KY 41042

Estimated Value: $148,000 - $166,000

2 Beds
2 Baths
-- Sq Ft
$185/mo HOA Fee

Last Sold September 04, 2020

Last sale price $90,000

Est. 70% increase in value since last sale

Current estimated payment $1,111/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Community Pool
  • Galley Kitchen
  • Larry A. Ryle High School Rated A
  • Balcony
  • Solid Wood Cabinet

About This Home

As of September 2020

VERY DESIRABLE MAIN FLOOR ENTRANCE....NO STEPS...located in the Sherwood Lakes Community!!! Awesome location! You will love this split two bedroom, two full bath condo with nice walk-in closets. Newly renovated with fresh paint, wall to wall plush, neutral carpet, and luxury vinyl plank in entry, bathrooms, kitchen and laundry room. Comes with a assigned parking spot with extra unmarked spots available.

Last Agent to Sell the Property

Josh Denigan

Hillcrest Realty, LLC License #246227 Listed on: 07/27/2020

Last Buyer's Agent

Mike Spicer

Coldwell Banker Realty FM License #210101

Coldwell Banker Realty FM

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,339

Year Built

  • Built in 2001

Lot Details

  • 392

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Stone

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Galley Kitchen
  • Dishwasher
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Schools

  • Ockerman Elementary School
  • Jones Middle School
  • Ryle High School

Utilities

  • Forced Air Heating and Cooling System
  • No Utilities

Additional Features

  • Balcony
  • Landscaped

Listing and Financial Details

  • Assessor Parcel Number 074.00-12-026.06

Community Details

Overview

  • Association fees include management
  • Vertex Association, Phone Number (859) 491-5711
  • Sherwood Lakes Subdivision

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,339

Year Built

Built in 2001

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Cooling: Central Air
  • Property Sub Type: Condominium
  • Year Built: 2001
  • Lot Size: n/a
  • Subdivision Name: Sherwood Lakes
  • Directions: I-75 to Mt. Zion Rd Exit, Right on Sherwood Lakes, Left on Friars.
  • Architectural Style: Traditional
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Apartment
  • ResoPropertyType: Residential
  • Location Tax Legal Info:Property Attached YN: Yes
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Ockerman Elementary
  • Location Tax Legal Info:Middle or Junior School: Jones Middle School
  • Location Tax Legal Info:High School: Ryle High
  • Location Tax Legal Info:Subdivision2: Sherwood Lakes
  • Contract Info:Auction YN: No
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: n/a
  • Cooling:Central Air: Yes
  • Foundation:Poured Concrete: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Utilities Electric Company: Duke Energy
  • Water Source:Public: Yes
  • Room Details:Family Room YN: No
  • Room Details:Formal Dining Rm YN: No
  • Utilities:None14: Yes
  • Architecture:Traditional: Yes
  • Location Tax Legal Info:Tax ID: 074.00-12-026.06
  • Appliances Refrigerators: Yes
  • Condo Information:Entry Level: 1
  • Condo Information:Elevator(s)2: No
  • Structure Type:Apartment: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Basement: None
  • Heating: Forced Air, Electric
  • Levels: One
  • Entry Level: 1
  • Property Type: Residential
  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Kitchen Features:Wood Cabinets: Yes
  • Primary Bedroom Features:Bath Adjoins: Yes
  • Primary Bedroom Features:Carpet Flooring5: Yes
  • Primary Bedroom Features:Walk-In Closet(s): Yes
  • Primary Bath Features:Shower: Yes
  • Living Room Features:Carpet Flooring2: Yes
  • Basement:None10: Yes
  • Appliances Range: Yes
  • Dining Room Features:Carpet Flooring3: Yes
  • Kitchen Features:Vinyl Flooring4: Yes
  • Kitchen Features:Galley Kitchen: Yes
  • Primary Bath Features:Vinyl Flooring7: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick, Stone
  • Exterior Features: Balcony
  • Foundation Details: Poured Concrete
  • Construction Materials:Brick2: Yes
  • Construction Materials:Stone2: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Condo Information:Direct Entry Garage-Unit: No
  • Condo Information:Direct Entry Garage-Building: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: None
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Amenities: Landscaping, Pool
  • Association Fee: 185.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Information:Association YN: Yes
  • Association Information:Association Management Name 1: Vertex
  • Association Information:Association Management Phone 1: 859-491-5711
  • Association Information:Total Yearly Fees: 2220.0
  • Association Information:Association Fee: 185.0
  • Association Information:Association Fee Frequency: Monthly
  • Association Amenities:Management: Yes
  • Association Amenities:Pool5: Yes
  • Association Amenities:Landscaping: Yes

Fee Information

  • Association Fee Includes: Management

Schools

  • Elementary School: Ockerman Elementary
  • Junior High Dist: Boone Co Public
  • High School: Ryle High
  • Middle Or Junior School: Jones Middle School

Lot Info

  • Zoning Description: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Sep 4, 2020
Sold by
Wimsatt Bradley T and Wimsatt Amethyst M
Bought by
Peddi Sivarama Krishnaiah
Seller's Agent
Josh Denigan
Hillcrest Realty, LLC
Buyer's Agent
Mike Spicer
Coldwell Banker Realty FM
List Price
$89,900
Sold Price
$90,000
Premium/Discount to List
$100
0.11%
Current Estimated Value
$152,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,896
Avg. Annual Appreciation
11.02%
Original Mortgage
$72,000
Outstanding Balance
$63,895
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$89,001

Purchase Details

Closed on
Jun 3, 2001
Sold by
Mount Zion Real Est Dev
Bought by
Wemsatt Bradley T and Wemsatt Amethyst M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,300
Interest Rate
7.11%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Peddi Sivarama Krishnaiah $90,000 Priority National Title
Wemsatt Bradley T $82,655 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peddi Sivarama Krishnaiah $72,000
Previous Owner Wemsatt Bradley T $84,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2020 09/04/20 Sold $90,000 +0.1% --
07/28/2020 07/28/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $89,900 -- --
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 $1,339 $120,000 $0 $120,000
2023 $1,312 $120,000 $0 $120,000
2022 $1,317 $120,000 $0 $120,000
2021 $1,065 $90,000 $0 $90,000
2020 $739 $66,000 $0 $66,000
2019 $745 $66,000 $0 $66,000
2018 $795 $66,000 $0 $66,000
2017 $725 $66,000 $0 $66,000
2015 $700 $66,000 $0 $66,000
2013 -- $66,000 $0 $66,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 540021

Northern Kentucky Multiple Listing Service

APN: 074.00-12-026.06