NOT LISTED FOR SALE

Estimated Value: $735,587

Studio
-- Bath
1,901 Sq Ft
$387/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $570,000 $300 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,448/month

41 Days on Market

Highlights

  • City View
  • Property is near public transit
  • Balcony
  • Tiered Deck
  • Stainless Steel Appliances
  • Wood Frame Window

About This Home

As of September 2022

Fantastic investment opportunity. Located just steps from Hotel Covington, Braxton, Agave&Rye and all the other fantastic businesses/bars/restaurants that have popped up in the past few years. Walk to everything. First floor commercial space rented, two-bed, renovated unit on 2nd recently vacant and ready for tenants.

Last Agent to Sell the Property

Lee Bledsoe

Pivot Realty Group License #209057 Listed on: 06/09/2022

Pivot Realty Group

Last Buyer's Agent

Lee Bledsoe V

Sibcy Cline, REALTORS-FM

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 2,047

Home Design

  • Triplex
  • Brick Exterior Construction
  • Stone Foundation
  • Composition Roof
  • Membrane Roofing
  • Block And Beam Construction

Interior Spaces

  • 1,901 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Double Hung Windows
  • Bay Window
  • Wood Frame Window
  • Aluminum Window Frames
  • City Views
  • Partial Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Tiered Deck
  • Exterior Lighting

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Cable TV Available

Additional Features

  • Lot Dimensions are 18.5x113
  • Property is near public transit

Community Details

  • 2 Units
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • The owner pays for sewer, water
  • Assessor Parcel Number 054-23-08-025.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cooling: Zoned, Central Air
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Owner Pays: Sewer, Water
  • Year Built: 1901
  • Lot Size: 18.5x113
  • Directions: 5th Street Covington to rt on Madison.
  • New Construction: No
  • Structure Type: Triplex
  • 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: Yes
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: 18.5x113
  • Appliances Microwave: Yes
  • Cooling:Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities Electric Company: Duke
  • Utilities Gas Company: Duke
  • Water Company: NKY Water
  • Water Source:Public: Yes
  • General Property Description:Living Area: 1901.0
  • Location Tax Legal Info:Tax ID: 054-23-08-025.00
  • Appliances Refrigerators: Yes
  • Roof:Composition: Yes
  • Foundation:Stone3: Yes
  • View:City3: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Water Available: 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
  • Property Ownership:Corporate: Yes
  • Roof:Membrane: Yes
  • Levels:Three Or More2: Yes
  • Structure Type:Triplex: Yes
  • Cooling:Zoned: Yes
  • Special Features: None

Interior Features

  • Heating: Natural Gas, Forced Air
  • Levels: Three Or More
  • Property Type: MultiFamily
  • Tenant Pays: Electricity, Gas, Heat
  • Number Of Buildings: 1
  • Appliances: Washer/Dryer Stacked, Electric Range, Stainless Steel Appliance(s), Dishwasher, Microwave, Refrigerator
  • Fireplace: No
  • Living Area: 1901.0
  • Window Features: Aluminum Clad Window(s), Bay Window(s), Double Hung, Insulated Window(s), Vinyl Frames, Wood Frames
  • Appliances Dishwasher: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Appliances:Electric Range: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Basement:Partial: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • View: City
  • Roof: Composition, Membrane
  • Lot Features: Near Public Transit
  • View: Yes
  • Construction Type: Block, Brick
  • Exterior Features: Balcony, Lighting
  • Foundation Details: Stone
  • Patio And Porch Features: Deck, Tiered Deck
  • Construction Materials:Brick2: Yes
  • Window Features:Insulated Window(s): Yes
  • Window Features:Vinyl Frames: Yes
  • Patio and Porch Features:Deck: Yes
  • Window Features:Double Hung: Yes
  • Construction Materials:Block3: Yes
  • Window Features:Bay Window(s): Yes
  • Exterior Features:Lighting: Yes
  • Window Features:Aluminum Clad Window(s): Yes
  • Window Features:Wood Frames: Yes
  • Patio and Porch Features:Tiered Deck: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot, Off Street
  • Parking Features:Off Street2: Yes
  • Parking Features:Parking Lot: Yes

Utilities

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

Closed on
Mar 1, 2023
Sold by
Brauer Noah J
Bought by
712 Madison Llc
Current Estimated Value
$735,587

Purchase Details

Listed on
Jun 9, 2022
Closed on
Sep 16, 2022
Sold by
Johnson Properties Inc
Bought by
Brauer Noah J
Seller's Agent
Lee Bledsoe
Pivot Realty Group
Buyer's Agent
Lee Bledsoe
Pivot Realty Group
List Price
$590,000
Sold Price
$570,000
Premium/Discount to List
-$20,000
-3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$370,000
Interest Rate
4.99%
Mortgage Type
New Conventional
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
712 Madison Llc -- --
Brauer Noah J $570,000 --
Brauer Noah J $570,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brauer Noah J $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2022 09/16/22 Sold $570,000 -3.4% $300 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $590,000 0.0% $310 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $590,000 -- $310 / 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 $7,553 $570,000 $25,000 $545,000
2024 $7,496 $570,000 $25,000 $545,000
2023 $7,592 $570,000 $25,000 $545,000
2022 $2,242 $150,000 $25,000 $125,000
2021 $2,542 $150,000 $25,000 $125,000
2020 $2,531 $150,000 $25,000 $125,000
2019 $2,572 $150,000 $25,000 $125,000
2018 $2,740 $150,000 $25,000 $125,000
2017 $2,775 $150,000 $25,000 $125,000
2015 $3,100 $150,000 $25,000 $125,000
2014 $3,272 $150,000 $25,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 604858

Northern Kentucky Multiple Listing Service

APN: 054-23-08-025.00