NOT LISTED FOR SALE

Estimated Value: $553,901

Studio
-- Bath
-- Sq Ft
3,441 Sq Ft Lot

Sale Details

Date Sold: December 1, 2021

Last sale price $385,000

Est. 44% increase in value since last sale

Current estimated payment $3,163 / mo

3 Days on Market

Highlights

  • 4 Fireplaces
  • 2 Car Detached Garage
  • Heating System Uses Natural Gas

About This Home

As of December 2021

Be a part of Newport's growth! Great Investment Opportunity! 4 units+Store. Units-Large 3BD/1BA, 2BD/1BA, 1BD/1BA, STUDIO/1BA + LARGE STOREFRONT. There have been many improvements made to this property, too many to list. All units are ready to rent. Newer roof, separate water/electric. This property is surrounded by 500k+ residential properties. Building is Vacant. The store could be converted to an awesome coffee shop,deli,salon, and more! Great potential. Bring your own ideas. Be close to the Levee, Newport Plaza, the new Ovation project!

Last Agent to Sell the Property

William Santiago

Haven Homes Group License #221134 Listed on: 09/10/2021

Last Buyer's Agent

Lori McClure

Pivot Realty Group

Pivot Realty Group
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Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,441

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

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

Interior Spaces

  • 3-Story Property
  • 4 Fireplaces
  • Non-Functioning Fireplace
  • Vinyl Clad Windows
  • Basement Fills Entire Space Under The House

Schools

  • Newport Elementary School
  • Newport Intermediate
  • Newport High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 999-99-05-577.00

Property Details

Home Type

Multi-Family

Lot Details

3,441 Sq Ft Lot

Parking

2

Listing Details

  • Cooling: None
  • Property Condition: Unknown
  • Property Sub Type: Multi Family
  • Lot Size: Irregular
  • Directions: Corner of 9th Street and Monroe St.
  • New Construction: No
  • Structure Type: Quadruplex
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Newport Elementary
  • 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:Fireplace YN: Yes
  • General Property Description:Lot Size Dimensions: Irregular
  • Parking Features Parking Total: 2
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Natural Gas Available: Yes
  • Water Source:Public: Yes
  • Location Tax Legal Info:Tax ID: 999-99-05-577.00
  • General Property Description:Fireplaces Total: 4
  • Foundation:Stone3: Yes
  • Cooling:None9: Yes
  • General Property Description:_pound_ of Buildings: 1
  • General Property Description:Number Of Units Total: 5
  • Levels:Three Or More2: Yes
  • Unit Info:Efficiency Units: 1
  • Structure Type:Quadruplex: Yes
  • Special Features: None

Interior Features

  • Heating: Natural Gas
  • Levels: Three Or More
  • Property Type: MultiFamily
  • Number Of Buildings: 1
  • Fireplace Features: Inoperable
  • Fireplaces: 4
  • Fireplace: Yes
  • Window Features: Vinyl Clad Window(s)
  • Full Basement: Yes
  • Fireplace Features:Inoperable: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick
  • Foundation Details: Stone
  • Construction Materials:Brick2: Yes
  • Window Features:Vinyl Clad Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, On Street
  • Total Parking Spaces: 2.0
  • General Property Description:Garage Spaces: 2.0
  • Parking Features:On Street: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Heating:Natural Gas2: Yes

Schools

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

Multi Family

  • Number Of Units Total: 5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Dec 1, 2021
Sold by
Bought by
Seller's Agent
William Santiago
Haven Homes Group
Buyer's Agent
Lori McClure
Pivot Realty Group
List Price
$410,000
Sold Price
$385,000
Premium/Discount to List
-$25,000
-6.1%
Current Estimated Value
$553,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,901
Avg. Annual Appreciation
8.01%
Original Mortgage
$340,000
Outstanding Balance
$279,492
Interest Rate
3.09%
Mortgage Type
Commercial
Estimated Equity
$274,409

Purchase Details

Closed on
Nov 5, 2019
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Newport, KY

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$210,000 None Listed On Document
$385,000 None Listed On Document
$210,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $340,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/01/2021 12/01/21 Sold $385,000 -6.1% --
09/13/2021 09/13/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $410,000 -- --
Source: Northern Kentucky Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,421 $385,000 $35,000 $350,000
2024 $1,482 $385,000 $35,000 $350,000
2023 $1,521 $385,000 $35,000 $350,000
2022 $1,878 $385,000 $35,000 $350,000
2021 $1,208 $210,000 $35,000 $175,000
2020 $1,226 $210,000 $35,000 $175,000
2019 $996 $153,600 $12,900 $140,700
2018 $986 $153,600 $12,900 $140,700
2017 $989 $153,600 $12,900 $140,700
2016 $857 $153,600 $0 $0
2015 $848 $148,700 $0 $0
2014 $834 $148,700 $0 $0
Source: Public Records

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 552870

Northern Kentucky Multiple Listing Service

APN: 999-99-05-577.00

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