NOT LISTED FOR SALE

8475 Watersedge Dr Florence, KY 41042

Estimated Value: $256,660

3 Beds
3 Baths
2,295 Sq Ft
1,699 Sq Ft Lot Lot

Sale Details

Date Sold: January 24, 2024

Last sale price $223,000 $97 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,937 / mo

4 Days on Market

Highlights

  • Lake View
  • Bonus Room
  • Wet Bar
  • Traditional Architecture
  • Formal Dining Room
  • Living Room

About This Home

As of January 2024

Wonderful opportunity with this spacious Lakefront condo. A rare find in the Saddlebrook development. Cathedral ceilings in the great room, 2 bedrooms on the main floor provide no step living. Finished, walk out lower level with an additional bedroom and full bath. Unique 4 seasons room sits beautifully over the lake. One of the best lots in the development.

Last Agent to Sell the Property

Chris Kennedy

Sibcy Cline, REALTORS-Florence License #191905 Listed on: 12/14/2023

Sibcy Cline, REALTORS-Florence

Last Buyer's Agent

Jennifer Bachmann

Trauth Property Group License #262117

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1992

Lot Details

  • 1,699

HOA Fees

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Poured Concrete
  • Shingle Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,295 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Gas Fireplace
  • Vinyl Clad Windows
  • Entryway
  • Family Room with entrance to outdoor space
  • Family Room
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Lake Views
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Garage Access
  • Finished Basement Bathroom
  • Stubbed For A Bathroom

Schools

  • Ockerman Elementary School
  • Jones Middle School
  • Boone County High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 062.01-33-130.01

Community Details

Overview

  • Morgan's Trace Association, Phone Number (859) 491-5711

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1992

Lot Details

1,699 Sq Ft Lot

HOA Fees

$390 per month

Parking

1

Listing Details

  • Cooling: Central Air
  • Property Sub Type: Condominium
  • Year Built: 1992
  • Lot Size: of record
  • Directions: Weaver Rd to Saddlebrook, right on Morgans Trace, left on Watersedge
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: Yes
  • 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: Boone County High
  • Location Tax Legal Info:Subdivision2: Saddlebrook Farms
  • Contract Info:Auction YN: No
  • General Property Description:Basement YN2: Yes
  • General Property Description:Fireplace YN: Yes
  • General Property Description:Lot Size Dimensions: of record
  • Appliances Microwave: Yes
  • Cooling:Central Air: Yes
  • Foundation:Poured Concrete: Yes
  • Roof:Shingle: Yes
  • Room Type:Dining Room4: Yes
  • Room Type:Entry: Yes
  • Room Type:Family Room4: Yes
  • Room Type:Laundry Room3: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Water Source:Public: Yes
  • Room Details:Family Room YN: Yes
  • Room Details:Formal Dining Rm YN: Yes
  • General Property Description:Living Area: 2295.0
  • Architecture:Traditional: Yes
  • Levels:Two: Yes
  • Location Tax Legal Info:Tax ID: 062.01-33-130.01
  • Appliances Refrigerators: Yes
  • Room Type:Living Room4: Yes
  • General Property Description:Fireplaces Total: 1
  • Property Ownership:EstateTrust: Yes
  • Room Type:Bonus Room2: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Water Available: Yes
  • Percent Basement Finished: Yes
  • Condo Information:Entry Level: 1
  • Pets Allowed:Pets Allowed: Yes
  • Condo Information:Elevator(s)2: No
  • View:Lake2: Yes
  • Special Listing Conditions:Trust: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar
  • Basement: Finished, Bath/Stubbed, Walk-Out Access
  • Heating: Forced Air
  • Levels: Two
  • Entry Level: 1
  • Property Type: Residential
  • Appliances: Electric Cooktop, Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2295.0
  • Window Features: Vinyl Clad Window(s)
  • Appliances Dishwasher: Yes
  • Basement:Walk-Out Access7: Yes
  • Family Room Features:Walk-Out Access4: Yes
  • Basement:Full Finished Bath: Yes
  • Fireplace Features:Gas: Yes
  • Appliances:Electric Cooktop: Yes
  • Basement:Wet Bar5: Yes
  • Dining Room Features:See Remarks22: Yes
  • Kitchen Features:See Remarks8: Yes
  • Primary Bedroom Features:See Remarks16: Yes
  • Living Room Features:See Remarks11: Yes
  • Primary Bath Features:See Remarks15: Yes

Exterior Features

  • View: Lake
  • Roof: Shingle
  • View: Yes
  • Construction Type: Stone, Vinyl Siding
  • Foundation Details: Poured Concrete
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Stone2: Yes
  • Window Features:Vinyl Clad Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Garage
  • General Property Description:Garage Spaces: 1.0
  • Parking Features:Driveway: Yes
  • Parking Features:Garage5: Yes
  • Condo Information:Direct Entry Garage-Unit: Yes
  • Condo Information:Direct Entry Garage-Building: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Sewer Available, Water Available
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association #2 Fee: 240.0
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Information:Association YN: Yes
  • Association Information:Association Management Name 1: Morgan's Trace Association
  • Association Information:Association Management Phone 1: (859) 491-5711
  • Association Information:Total Yearly Fees: 4680.0
  • Association Information:Association Fee: 350.0
  • Association Information:Association Fee Frequency: Monthly
  • Association Information:Association Fee 2: 240.0
  • Association Information:Association Fee 2 Frequency: Semi-Annually

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2023
Closed on
Jan 24, 2024
Sold by
Simpson Sharon P
Bought by
Klein Gary and Klein Sabrina
Seller's Agent
Chris Kennedy
Sibcy Cline, REALTORS-Florence
Buyer's Agent
Jennifer Bachmann
Trauth Property Group
List Price
$239,900
Sold Price
$223,000
Premium/Discount to List
-$16,900
-7.04%
Views
70
Current Estimated Value
$256,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,660
Avg. Annual Appreciation
6.33%
Original Mortgage
$100,000
Outstanding Balance
$98,064
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$158,596

Purchase Details

Closed on
Jul 12, 2013
Sold by
Cantrell Timothy W and Estate Of Janice E Cantrell
Bought by
Simpson Peyton Larue and Simpson Sharon P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,743
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2000
Sold by
Combs James M
Bought by
Janice E Cantrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
7.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 1996
Sold by
Neef Alfred
Bought by
Combs James M and Combs Jessie I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.21%
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

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
Klein Gary $223,000 360 American Title Services
Simpson Peyton Larue $127,000 Kentucky Land Title Agency
Janice E Cantrell $141,000 --
Combs James M $140,500 --
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 Klein Gary $100,000
Previous Owner Simpson Peyton Larue $78,743
Previous Owner Janice E Cantrell $41,000
Previous Owner Combs James M $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2024 01/24/24 Sold $223,000 -7.0% $97 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
12/14/2023 12/14/23 For Sale $239,900 -- $105 / 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 $2,132 $223,000 $15,000 $208,000
2024 $1,217 $172,700 $15,000 $157,700
2023 $1,191 $172,700 $15,000 $157,700
2022 $1,253 $172,700 $15,000 $157,700
2021 $1,110 $127,000 $0 $127,000
2020 $851 $127,000 $0 $127,000
2019 $858 $127,000 $0 $127,000
2018 $934 $127,000 $0 $127,000
2017 $865 $127,000 $0 $127,000
2015 $865 $127,000 $0 $127,000
2013 -- $141,000 $0 $141,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 619214

Northern Kentucky Multiple Listing Service

APN: 062.01-33-130.01

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