NOT LISTED FOR SALE

861 E Mount Zion Rd Independence, KY 41051

Estimated Value: $7,802,207

110.8 Acres
$70,417 Price per Acre
4,826,448 Sq Ft Lot

Last Sold June 01, 2021

Last sale price $5,774,900 $1,348 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $41,041/month

4,633 Days on Market

Highlights

  • 110.8 Acre Lot
  • Agricultural
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

About This Lot

As of June 2021

110.8 acres m/l lying on the south side of E Mt. Zion Rd in Kenton County just west of Bristow. This family farm is one of the few remaining undeveloped large tracks. Will have significant frontage on New Rt 536 and new Maher connector RD

Last Agent to Sell the Property

Doug Garner

CENTURY 21 Garner Properties License #226786 Listed on: 08/15/2007

CENTURY 21 Garner Properties

Last Buyer's Agent

Outside Agent

Outside Sales

Property Details

Property Type

  • Land

Lot Details

  • 110.8 Acre Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Schools

  • Beechgrove Elementary School
  • Twenhofel Middle School
  • Simon Kenton High School

Farming

  • Agricultural

Utilities

  • Underground Utilities
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 018-00-00-003-00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Topography: Rolling
  • Property Sub Type: Agriculture
  • Lot Size Acres: 110.8
  • Road Frontage Type: Unknown
  • Lot Size: 110.8
  • Directions: I-75 to East Mt Zion to property on right.
  • ResoPropertyType: Land
  • Location Tax Legal Info:Elementary School: Beechgrove Elementary
  • Location Tax Legal Info:Middle or Junior School: Twenhofel Middle School
  • Location Tax Legal Info:High School: Simon Kenton High
  • Contract Info:Auction YN: No
  • General Property Description:Lot Size Dimensions: 110.8
  • Utilities:Natural Gas Available: Yes
  • General Property Description:Lot Size Acres: 110.8
  • General Property Description:Lot Size Square Feet: 4826448.0
  • Location Tax Legal Info:Tax ID: 018-00-00-003-00
  • Topography:Rolling: Yes
  • Utilities:Water Available: Yes
  • Utilities:Underground Utilities: Yes
  • Vegetation:Partially Wooded: Yes
  • Sewer:None12: Yes
  • Special Features: None

Interior Features

  • Property Type: Land

Utilities

  • Sewer: None

Schools

  • Elementary School: Beechgrove Elementary
  • Junior High Dist: Kenton Co Public
  • High School: Simon Kenton High
  • Middle Or Junior School: Twenhofel Middle School

Lot Info

  • Lot Size Sq Ft: 4826448.0
  • Wooded Area: 15.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2022
Sold by
Coi Park536 Land Llc
Bought by
City Of Independence Kentucky
Current Estimated Value
$7,802,207

Purchase Details

Closed on
Feb 21, 2022
Sold by
Coi Park536 Land Llc
Bought by
Coi Park536 Land Llc

Purchase Details

Listed on
Aug 15, 2007
Closed on
May 28, 2021
Sold by
Spegal Lloyd and Spegal Judith Lynn
Bought by
Coi Park536 Land Llc
Seller's Agent
Doug Garner
CENTURY 21 Garner Properties
Buyer's Agent
Outside Agent
Outside Sales
List Price
$5,000,000
Sold Price
$5,774,900
Premium/Discount to List
$774,900
15.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
City Of Independence Kentucky -- Parsons James E
City Of Independence Kentucky -- Parsons James E
Coi Park536 Land Llc $1,741,488 None Listed On Document
Coi Park536 Land Llc $5,774,888 First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2021 06/01/21 Sold $5,774,900 +15.5% $1,348 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
08/15/2007 08/15/07 For Sale $5,000,000 -- $1,167 / 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
2024 -- $1,964,900 $1,964,900 $0
2023 $0 $1,964,900 $1,964,900 $0
2022 $72,765 $5,794,800 $4,994,800 $800,000
2021 $2,653 $242,900 $63,900 $179,000
2020 $2,546 $229,200 $54,200 $175,000
2019 $1,664 $161,100 $60,200 $100,900
2018 $1,695 $161,100 $60,200 $100,900
2017 $1,649 $161,100 $60,200 $100,900
2015 $1,607 $161,100 $51,100 $110,000
2014 $2,037 $161,100 $51,100 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 349531

Northern Kentucky Multiple Listing Service

APN: 018-00-00-003.00