new - 5 days on rocket

507 W 16th St, Covington, KY, 41014

$280,000

Home List Price

$3,325*

Closing Credit

5 Bedrooms
2 Full Baths
1,122 SqFt
$250/SqFt
House

Location

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507 W 16th St, Covington$280,000

Buyer Closing Credits

$3,325*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street, Oversized
Year Built1928
HeatingNatural Gas, Forced Air
CoolingCentral Air, Window Unit(s)
BasementYes
FireplaceStone, Brick, Inoperable
MLS #628519
Lot Size0.13 Acres
StatusActive

About 507 W 16th St

Nestled in a charming neighborhood, this newly renovated home offers a blend of modern comforts & timeless appeal*Featuring 4 to 6 possible bedrooms & 2 full baths, it boasts soaring 9 ft. ceilings on the first floor, new LVP & original woodwork on 1st & 2nd floor*The kitchen is absolutely adorable with two-tone custom cabinets, granite counters, newer stainless steel dishwasher & microwave, & a top-of-the-line brand new Samsung interchangeable glass front fridge*Offering 2 bedrms on the 1st flr, 2 bedrms on the 2nd flr w/21'.4' by 5'.3'' walk-in closet, & 2 bedrms/office/flex space in the lower level walk-out*This home provides ample space & flexibility*Enjoy the convenience of off-street parking for 3 cars & the serenity of a tree-lined fenced yard*Built-in outdoor storage. HVAC 4 yrs new, water heater-6 yrs, roof under 10 yrs. Located within walking distance to a newly renovated park, Robbie's Market, St. Elizabeth Hospital, a variety of restaurants, & two minutes to I-75 & Cincinnati*This home offers an ideal blend of tranquility and accessibility*Plus, a separate buildable parcel (1606 Jefferson), the possibilities are endless*One owner since 1950*Could be a cute AIRBNB!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1928
  • Living Area: 1,122 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Services
  • Office Phone: (859) 240-0727
  • Listing Agent: Missy Bricking

Interior Features

Interior Information:

  • Appliances: Stainless Steel Appliance(s), Gas Range, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Concrete
  • Interior: Walk-in Closet(s), Storage, Granite Counters, Eat-in Kitchen, Ceiling Fan(s), High Ceilings, Natural Woodwork, Master Downstairs
  • Fireplace: Stone, Brick, Inoperable

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Private Yard

Parking Information:

  • Parking: Driveway, Off Street, Oversized

Lot Features

Lot Information:

  • Lot: Cleared, Level, Wooded, Near Public Transit
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: I-71/I-75 N to 12th St, R on 12th St/ MLK Jr Blvd, R on Holman, R on W 16th St, property on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $280,000
  • Price Per SqFt: $250/SqFt

Tax Information:

  • Annual Amount: $1,502
  • 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

$249.9K

Med. Price/SqFt

$179

Avg. Days On Market

66

# of Sold Homes

2

507 W 16th St vs Covington

5 DAYS ON ROCKET

-61 Days

$280,000

+$30K More

$250/SqFt

+$71 More

KEY TAKEAWAY

This property is $30K more than the Median List Price and $71/SqFt more than other homes in Covington, KY.

Based on homes listed in November 2024

MLS Details

MLS Information:

  • MLS Name: Northern Kentucky Multiple Listing Service
  • MLS Number: #628519

Listing Office:

  • Office Name: Keller Williams Realty Services
  • Office Phone: (859) 240-0727
  • Listing Agent: Missy Bricking

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: 12/11/2024, 6:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,502$65,000
2019$1,073$65,000
2018$1,074$65,000
2017$1,089$65,000

History based on county public records data.

Payment Calculator

$1,465

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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-1761533
9
/10

  • Glenn O Swing Elementary School

  • 501 W 19th St

  • 0.39 miles

  • Public District Grades KG-5

school-card-donut-1761534
7
/10

  • John G Carlisle Elementary School

  • 910 Holman Ave

  • 0.74 miles

  • Public District Grades KG-5

school-card-donut-1761535
5
/10

  • Sixth District Elementary School

  • 19th and Maryland

  • 0.84 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 $45,797. Most Covington, KY residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area 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.

Types of housing 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.

What is it like to live in Covington, KY?

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.

Is it easy to get around Covington, KY without a car?

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.

Transportation in Covington, KY.

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 507 W 16th St

What is the listing price of this property?

The listing price of 507 W 16th St property is $280,000.

What type of property is this?

The property 507 W 16th St is a house located in Covington, Kentucky, 41014.

Is this property for sale now?

Active Listing: 507 W 16th St 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 $1,502 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 507 W 16th St has 5 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 507 W 16th St is 1,122 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 507 W 16th St is 1928.

Rocket Homes›Kentucky›Kenton County›Covington›41014›507 W 16th St

This home is located at 507 W 16th St in Covington, KY and zip code 41014. This 1,122 square foot home, which was built in 1928, sits on a 0.13 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $280,000.

The inventory of homes for sale in Covington, KY between October 2024 and November 2024 increased by 37.1%. The median list price of listings available in November 2024 was $249,950, while the average time on the real estate market was 66 days.

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

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