Seller's Agent in 2021
Lee Bledsoe
Pivot Realty Group
(859) 512-9009
36 in this area
129 Total Sales
724 Madison Ave Covington, KY 41011
Downtown Covington Neighborhood
Studio
--
Bath
--
Sq Ft
2,831
Sq Ft Lot
Highlights
- City View
- Property is near public transit
- Patio
- Deck
- Wood Frame Window
- Central Air
About This Home
As of December 2021Fantastic opportunity to start your dream restaurant/bar and live above it. Beautiful restaurant space on first floor w/ three units above (2, 2bd/1.5ba on 726 side and 1 3bd/1.5ba on 724 side). All three residential units are freshly renovated and two are already rented with the third unit receiving finishing touches (new flooring/appliances). Beautiful courtyard for outdoor dining & large deck for residential units. Private and city parking adjacent to property. Walk less than a block to Hotel Covington, Braxton and the Madison Theatre. Easy walk to Mainstrasse, Roebling Pt and Downtown.
Last Agent to Sell the Property
Pivot Realty Group License #209057 Listed on: 05/04/2021
Last Buyer's Agent
Lee Bledsoe V
Sibcy Cline, REALTORS-FM
Property Details
Home Type
- Multi-Family
Lot Details
- 2,831
Parking
- 4 Car Garage
- No Garage
- Assigned Parking
Home Design
- Quadruplex
- Brick Exterior Construction
- Stone Foundation
- Membrane Roofing
Interior Spaces
- 2-Story Property
- Vinyl Clad Windows
- Double Hung Windows
- Picture Window
- Wood Frame Window
- City Views
- Partial Basement
Kitchen
- Microwave
- Dishwasher
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
Schools
- John G. Carlisle Elementary School
- Holmes Middle School
- Holmes Senior High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Additional Features
- Lot Dimensions are 50x113
- Property is near public transit
Community Details
- 2 Buildings
- 4 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 054-23-08-020.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 9, 2015
Sold by
D & M Properties Of Covington Llc
Bought by
Johnson Properties Inc
Purchase Details
Closed on
Jul 9, 2010
Sold by
Classic Properties Inc
Bought by
D & M Properties Of Covington Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,609
Interest Rate
4.77%
Mortgage Type
Future Advance Clause Open End Mortgage
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 |
|---|---|---|---|
| Johnson Properties Inc | -- | None Available | |
| D & M Properties Of Covington Llc | $200,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | D & M Properties Of Covington Llc | $137,609 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/29/2021 12/29/21 | Sold | $1,150,000 | -17.9% | -- |
| 09/29/2021 09/29/21 | Pending | -- | -- | -- |
| 05/04/2021 05/04/21 | For Sale | $1,400,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $8,242 | $622,000 | $24,000 | $598,000 |
| 2024 | $8,179 | $622,000 | $24,000 | $598,000 |
| 2023 | $8,285 | $622,000 | $24,000 | $598,000 |
| 2022 | $8,487 | $622,000 | $24,000 | $598,000 |
| 2021 | $1,773 | $89,500 | $24,000 | $65,500 |
| 2020 | $1,766 | $89,500 | $24,000 | $65,500 |
| 2019 | $1,782 | $89,500 | $24,000 | $65,500 |
| 2018 | $1,810 | $89,500 | $24,000 | $65,500 |
| 2017 | $1,831 | $89,500 | $30,000 | $59,500 |
| 2015 | $1,971 | $89,500 | $25,000 | $64,500 |
| 2014 | $2,136 | $89,500 | $25,000 | $64,500 |
Source: Public Records
Agents Affiliated with this Home
-
Lee Bledsoe
-
L
Buyer's Agent in 2021
Lee Bledsoe V
Sibcy Cline, REALTORS-FM
Map
Source: Northern Kentucky Multiple Listing Service
MLS Number: 548389
APN: 054-23-08-021.00
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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.
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