NOT LISTED FOR SALE

854 Lakerun Ln Erlanger, KY 41018

Estimated Value: $505,000 - $627,000

3 Beds
2.5 Baths
-- Sq Ft
8,124 Sq Ft Lot

Last Sold October 15, 2020

Last sale price $442,500

Est. 27% increase in value since last sale

Current estimated payment $3,363/month

30 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Lake View
  • Deck
  • Hinsdale Elementary School Rated A-
  • Granite Flooring
  • Ranch Style House

About This Home

As of October 2020

This 2 yr old Drees Hialeah ranch has 3200 sqft of finished living space & many upgrades, located in Lakemont Community near Doe Run Lake in Erlanger. This like new home sold new March of 2018, has 3 BR, 2 full & 1 half BA. The 1st flr open concept w/beautiful Gourmet Kitchen, 42in 2 tone cabinets, large crown molding & granite countertops. Crown molding also in 2 BR & office w/wainscoting. Lg mstr BR with LG bath and walk-in closet. The living area has beautiful HW flrs. Finished LL w/wet bar & Rec area. 3 fireplaces: 2 inside, 1 outside. LG patio w/beautiful landscaping nice and relaxing.

Last Agent to Sell the Property

Bob Hahn

RE/MAX Victory + Affiliates License #197161 Listed on: 08/05/2020

RE/MAX Victory + Affiliates

Last Buyer's Agent

Laura Meiners

KW Seven Hills Realty License #217750

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,199

Year Built

  • Built in 2018

Lot Details

  • 8,124 Sq Ft Lot
  • Lot Dimensions are 65 x 125 x 65 x 125

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway
  • Off-Street Parking

Property Views

  • Lake
  • Pond

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Wet Bar
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Gas Fireplace
  • Insulated Windows
  • Family Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Gourmet Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Wood Cabinet

Flooring

  • Wood
  • Carpet
  • Granite
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • R.C. Hinsdale Elementary School
  • Turkey Foot Middle School
  • Dixie Heights High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 220 Volts

Community Details

  • Vertex Association, Phone Number (859) 491-5711
  • Lakemont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031-00-05-127.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,199

Year Built

Built in 2018

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Cooling: Central Air
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.19
  • Year Built: 2018
  • Lot Size: 65 x 125 x 65 x 125
  • Subdivision Name: Lakemont
  • Directions: 275 to exit 80 to KY - 17 R on Madison PK, R on Richardson Rd, R on Lakemont Dr, at roundabout take 1st exit onto Lakemont Dr, at roundabout - take 2nd exit onto Lakerun Ln, house on right
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: House
  • ResoPropertyType: Residential
  • Location Tax Legal Info:Property Attached YN: No
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: R.C. Hinsdale Elementary
  • Location Tax Legal Info:Middle or Junior School: Turkey Foot Middle School
  • Location Tax Legal Info:High School: Dixie Heights High
  • Location Tax Legal Info:Subdivision2: Other
  • Contract Info:Auction YN: No
  • General Property Description:Half Baths: 1
  • General Property Description:Fireplace YN: Yes
  • General Property Description:Lot Size Dimensions: 65 x 125 x 65 x 125
  • Architecture:Ranch: Yes
  • Appliances Microwave: Yes
  • Cooling:Central Air: Yes
  • Foundation:Poured Concrete: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Utilities:Natural Gas Available: Yes
  • Water Source:Public: Yes
  • Room Details:Family Room YN: Yes
  • Room Details:Formal Dining Rm YN: No
  • General Property Description:Lot Size Acres: 0.1865
  • General Property Description:Lot Size Square Feet: 8123.94
  • Structure Type:House: Yes
  • Location Tax Legal Info:Tax ID: 031-00-05-127.00
  • General Property Description:Fireplaces Total: 3
  • Percent Basement Finished: Yes
  • View:Pond2: Yes
  • View:Lake2: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Crown Molding, 220 Volts, Ceiling Fan(s), High Ceilings, Recessed Lighting
  • Basement: Full, Finished
  • Heating: Natural Gas
  • Levels: One
  • Flooring: Carpet
  • Property Type: Residential
  • Appliances: Dishwasher, Microwave, Oven, Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 3
  • Fireplace: Yes
  • Window Features: Insulated Window(s)
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:High Ceilings: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Wood Cabinets: Yes
  • Primary Bedroom Features:Carpet Flooring5: Yes
  • Primary Bath Features:Shower: Yes
  • Interior Features:_two_20 Volts: Yes
  • Interior Features:Crown Molding: Yes
  • Living Room Features:Wood Flooring2: Yes
  • Dining Room Features:Wood Flooring3: Yes
  • Kitchen Features:Wood Flooring4: Yes
  • Kitchen Features:Eat-in Kitchen: Yes
  • Basement:Carpet Flooring7: Yes
  • Fireplace Features:Gas: Yes
  • Dining Room Features:Walk-Out Access2: Yes
  • Interior Features:Recessed Lighting: Yes
  • Kitchen Features:Gourmet Kitchen: Yes
  • Kitchen Features:Marble Flooring2: Yes
  • Primary Bath Features:Double Vanity: Yes
  • Family Room Features:Wet Bar2: Yes
  • Primary Bath Features:Ceramic Tile Flooring: Yes
  • Appliances Range: Yes
  • Kitchen Features:Granite Flooring2: Yes
  • Kitchen Features:Slate Flooring2: Yes
  • Primary Bath Features:Tub: Yes
  • Family Room Features:Wood Flooring5: Yes

Exterior Features

  • View: Lake, Pond
  • Roof: Shingle
  • View: Yes
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Covered, Deck, Patio
  • Construction Materials:Brick2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Window Features:Insulated Window(s): Yes
  • Patio and Porch Features:Covered: Yes
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Off Street
  • General Property Description:Garage Spaces: 2.0
  • Parking Features:Driveway: Yes
  • Parking Features:Off Street2: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

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: 600.0
  • Association Information:Association Fee: 150.0
  • Association Information:Association Fee Frequency: Quarterly

Schools

  • Elementary School: R.C. Hinsdale Elementary
  • Junior High Dist: Kenton Co Public
  • High School: Dixie Heights High
  • Middle Or Junior School: Turkey Foot Middle School

Lot Info

  • Lot Size Sq Ft: 8123.94
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Oct 26, 2020
Sold by
Smith Philip Jay and Smith Jill Lynn
Bought by
Elders Edward D and Elders Judith L
Seller's Agent
Bob Hahn
RE/MAX Victory + Affiliates
Buyer's Agent
Laura Meiners
KW Seven Hills Realty
List Price
$469,900
Sold Price
$442,500
Premium/Discount to List
-$27,400
-5.83%
Current Estimated Value
$561,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,605
Avg. Annual Appreciation
4.83%
Original Mortgage
$162,000
Outstanding Balance
$121,136
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$437,444

Purchase Details

Closed on
Mar 28, 2018
Sold by
The Drees Co
Bought by
Smith Philip Jay and Smith Jill Llynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,315
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Elders Edward D $442,500 Homestead Title Agency Ltd
Smith Philip Jay $390,350 360 American Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elders Edward D $162,000
Previous Owner Smith Philip Jay $351,315
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $442,500 -1.7% --
09/04/2020 09/04/20 Pending -- -- --
08/21/2020 08/21/20 Price Changed $450,000 -3.1% --
08/13/2020 08/13/20 Price Changed $464,500 -1.1% --
08/05/2020 08/05/20 For Sale $469,900 -- --
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 $4,199 $456,000 $40,000 $416,000
2023 $4,366 $456,000 $40,000 $416,000
2022 $4,377 $442,500 $35,000 $407,500
2021 $4,912 $442,500 $35,000 $407,500
2020 $4,388 $390,300 $35,000 $355,300
2019 $4,402 $390,300 $35,000 $355,300
2018 $409 $30,000 $30,000 $0
2017 $324 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 540367

Northern Kentucky Multiple Listing Service

APN: 031-00-05-127.00