2 months on rocket

217 Wallace Ave, Covington, KY, 41014

$299,900

Home List Price

$3,561*

Closing Credit

4 Bedrooms
3 Full Baths
2,730 SqFt
$110/SqFt
House

Location

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217 Wallace Ave, Covington$299,900

Buyer Closing Credits

$3,561*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Off Street, On Street
Garage1 space
Year Built1909
HeatingNatural Gas, Forced Air
CoolingCentral Air, Window Unit(s)
BasementYes
FireplaceDecorative
MLS #626098
Lot Size0.10 Acres
StatusActive

About 217 Wallace Ave

Incredible opportunity in the heart of Wallace Woods ! Currently used as a 3 unit but would make an amazing single family home with off street parking and a 1 car garage. Or, possibly remain 3 unit and raise rents to market. Long time tenants so rents are way below market. 1st and 2nd floor month to month, 3rd floor on 1 yr lease.

Property Details

Property Features

Property Information:

  • Architectural Style: Historic
  • Year Built: 1909
  • Living Area: 2,730 SqFt

Listing Office:

  • Office Name: Smart Move Realty, LLC
  • Office Phone: (859) 653-8676
  • Listing Agent: Tracy Acuff

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage, Off Street, On Street

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air, Window Unit(s)

Other

Directions Information:

  • Directions: Corner of Wallace Ave and short Greenup

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,900
  • Price Per SqFt: $110/SqFt

Tax Information:

  • Annual Amount: $1,827
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Covington, KY.

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Covington, KY

City

Med. List Price

$274.9K

Med. Price/SqFt

$178

Avg. Days On Market

69

# of Sold Homes

1

217 Wallace Ave vs Covington

79 DAYS ON ROCKET

+10 Days

$299,900

+$25K More

$110/SqFt

-$69 Less

KEY TAKEAWAY

This property is $25K more than the Median List Price and $69/SqFt less than other homes in Covington, KY.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Name: Northern Kentucky Multiple Listing Service
  • MLS Number: #626098

Listing Office:

  • Office Name: Smart Move Realty, LLC
  • Office Phone: (859) 653-8676
  • Listing Agent: Tracy Acuff

Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Northern Kentucky Multiple Listing Service, Inc. (NKMLS). Real estate listings held by other brokerage firms are marked with the Broker Reciprocity Logo and detailed information about them includes the name of the listing broker. The broker providing the data believes the data to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. MLS content and images © Copyright ©2024, Northern Kentucky Multiple Listing Service, Inc. All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:50:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 20, 2009Home Sold
$35,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,827$95,000
2019$1,534$95,000
2018$1,535$95,000
2017$1,557$95,000

History based on county public records data.

Payment Calculator

$1,564

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-628734
5
/10

  • Sixth District Elementary School

  • 19th and Maryland

  • 0.31 miles

  • Public District Grades KG-5

school-card-donut-628735
9
/10

  • Glenn O Swing Elementary School

  • 501 W 19th St

  • 0.62 miles

  • Public District Grades KG-5

school-card-donut-628736
1
/10

  • Ninth District Elementary School

  • 2800 Indiana Ave

  • 0.99 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,769. Typical income of Covington, KY residents is less than $35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Living In Covington, KY

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Covington, KY?

Covington's housing market is diverse, offering a range of options from historic row houses to contemporary condominiums. Single-family homes are prevalent, with a mix of Victorian, Italianate, and modern architectural styles. The market is balanced with a homeownership rate around 60%, leaving a substantial portion of properties available for rent.

Is Covington, KY a good place to live?

Covington is celebrated for its historic charm and vibrant arts scene. The community prides itself on a rich heritage with events like the MainStrasse Village Oktoberfest, reflecting the area's strong German roots. The city's riverfront location contributes to its picturesque setting and leisurely lifestyle.

Are things conveniently located in Covington, KY?

The city provides a robust selection of services, including public and private educational institutions, with a focus on catering to a diverse population. Healthcare facilities are comprehensive, offering a range of services from primary care to specialized treatments. Retail and dining establishments are plentiful, showcasing local flavors and crafts, and the public library system is well-integrated into the community.

What does the transportation in Covington, KY look like?

Covington's transport infrastructure includes a network of buses that facilitate movement within the city and connections to neighboring areas. The city is also bike-friendly, with several dedicated lanes and trails. Major highways nearby provide easy access for commuters, and ongoing projects aim to enhance the efficiency of local transportation.

Frequently Asked Questions About 217 Wallace Ave

What is the listing price of this property?

The listing price of 217 Wallace Ave property is $299,900.

What type of property is this?

The property 217 Wallace Ave is a house located in Covington, Kentucky, 41014.

Is this property for sale now?

Active Listing: 217 Wallace Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,827 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 20, 2009 for $35,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 217 Wallace Ave has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 217 Wallace Ave is 2,730 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 217 Wallace Ave is 1909.

Rocket Homes›Kentucky›Kenton County›Covington›41014›217 Wallace Ave

This home is located at 217 Wallace Ave in Covington, KY and zip code 41014. This 2,730 square foot home, which was built in 1909, sits on a 0.10 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 31, 2024 and is currently priced at $299,900.

The inventory of homes for sale in Covington, KY between September 2024 and October 2024 increased by 50%. Listings spent 69 days on the market in October 2024, and had a median list price of $274,900 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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