$65,500 Price Analysis    ♡   Covington, KY 41015 2 bed 2 bath 2,727 SqFt ($24/SqFt) 3,767SqFt lot. Built 1899 Listed 2024-01-02, Taxes $956 | Ⓧ USDA Ineligible due to location near Covington |
AUCTION on 1/18/24 at 10 AM.
* Sale Pending *Selling to the highest bidder t/over $65, 500. This is a tremendous opportunity to name your price on a multi use zoned building at Ritte's Corner in Latonia, Ky The brick and frame 2 story building with 3 car detached garage was used in the past as retail space and residential housing. The Real Estate is Zoned Traditional Urban Mixed Use (TUMU) see bidders packet for more zoning details.The property is being sold by James Babb by his legal guardian, The Ky Cabinet for Health and Family Services.
The sale must be submitted to and approved by a Kenton County judge before a closing can occur. Court approval can take 2-5 months. All aspects of the real estate and condition of the structures are being sold in ''as is'' condition. Any and all buyer inspections must occur bef ore bidding. There will be no purchase agreement contingencies for financing or inspections. $10, 000 deposit and signed purchase agreement due within 24 hours after the auction ends. The buyer pays a 10% buyer premium which will be added to the high bid to determine the contract sale price.
Presented by Douglas Garner at
CENTURY 21 Garner Properties.
Property MLS #619456 from NKentucky
Bedroom 2 Dimensions: 1.0 x 1.0
Primary Bedroom Level: Second
Bedroom 2 Level: Second
Primary Bedroom: 1.00 x 1.00
Primary Bedroom Level: Second
Basement Features: Partial, Unfinished
Living Room Dimensions: 1.0 x 1.0
Office/Study Room Dimensions: 1.0 x 1.0
Living Room Level: First
Office/Study Room Level: First
Basement Description: Partial, Unfinished
Full Bathrooms: 1
1/2 Bathrooms: 1
Multi Panel Doors
Natural Woodwork
Flooring: Concrete
Window Features: Double Hung, Wood Frames
Laundry Features: In Basement
Heating Features: Natural Gas, Gravity
Heating: Yes
Number of Fireplaces: 1
Dining Room Level: First
Kitchen Dimensions: 1.0 x 1.0
Kitchen Level: First
Road Frontage Type: City Street, State Road
Lot Size Acres: 0.0864784
Lot Size Dimensions: 40x100 Irreg
Lot Size Source: Appraiser
Lot Size Square Feet: 3767
Off Street Parking: true
Parking Features: Detached, Garage, Garage Faces Rear, Off Street, On Street
Parking Total: 3
High School: Holmes Senior High
Middle School: Holmes Middle School
School District: Covington Indep
Map directions Map directions Map directions Map directionsCounty: Kenton
Directions: Winston to E Southern
Source Property Type: Residential
Area: K03 - Kentonvale/Latonia
MLS Area Minor: K03 - Kentonvale/Latonia
Source Neighborhood: K03 - Kentonvale/Latonia
Parcel Number: 056-32-02-003.00
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $98,600 + $10,000 $108,600 | $956 |
| 2021 | $70,000 + $10,000 $80,000 | $665 |
| 2020 | $70,000 + $10,000 $80,000 | $680 |
| 2019 | $70,000 + $10,000 $80,000 | $687 |
| 2018 | $70,000 + $10,000 $80,000 | $726 |
| 2017 | $55,000 + $25,000 $80,000 | $736 |
| 2016 | $55,000 + $25,000 $80,000 | $723 |
| 2015 | $55,000 + $25,000 $80,000 | $729 |
| 2014 | $55,000 + $25,000 $80,000 | $752 |
| 2013 | $50,000 + $20,000 $70,000 | $602 |
| 2012 | $50,000 + $20,000 $70,000 | $635 |
| 2010 | $50,000 + $20,000 $70,000 | $544 |
| 2009 | $45,000 + $20,000 $65,000 | $457 |
| 2009 | $50,000 + $20,000 $70,000 | $457 |
| 2008 | $45,000 + $20,000 $65,000 | $472 |
| 2007 | $45,000 + $20,000 $65,000 | $461 |
$65,500
NKentucky
Year Built: 1899
Building Area Total: 1595
Building Exterior Type: Brick, Shingle Siding, Wood Siding
Construction Materials: Brick, Shingle Siding, Wood Siding
Foundation Details: Stone
Levels: Two
Living Area Units: Square Feet
Property Age: 125
Levels or Stories: Two
Total Area Sqft: 1595
Architectural Style: Traditional
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.