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3301 Grace Avenue

3301 Grace Avenue, Latonia, KY 41015
Property in Kenton
Sold Nov 23, 2016
$42,361
$33,888 by Us Bank Na
Mortgage Due Dec 01, 2031
Sold Dec 02, 2013
$74,000
$72,659 by Victory Mortgage Llc
Mortgage Due Dec 01, 2043
Local assessors in Latonia, KY have categorized 3301 Grace Avenue as a residential type of property. The home was built in 1923 and is 101 years old. The property's lot size has been calculated to be 2,000 square feet. The linear feet between the front and back of the lot was measured at 800 ft and the front of the lot was measured at 250 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3301 Grace Avenue has a total of 902 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a roof that is made of composition shingle. The home's a forced air unit is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3301 Grace Avenue sold most recently in Nov 20, 2016 for a total of $42,361. If you work out the math, that's approximately a cost of $46.96 per sqft. Before that, the property was also sold for $74,000 in Nov 26, 2013. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,014 in taxes each year. The initial year of tax delinquency occurred in 2021. 3301 Grace Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $76,100. If we break it down further, the land itself was valued at $5,000. Improvements to the property, however, were assessed at a total of $71,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,000
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 250
  • Total Building Area: 902
  • Gross Building Area: 1,251
  • Building Area: 902
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 902
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREEN PHIL E
  • Land Acres: 0.046
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GREEN PHIL E BLK 4 PT LOT 28 25'X 80' SWC GRACE & 33RD

Ownership

  • Current Owner : MCGINNIS KENNETH W
  • Current Owner 2: MCGINNIS AMANDA M
  • Previous Owner : SECRETARY OF HOUSING & URBAN DEVELOPMENT
  • Owner Before Previous Owner: WEAVER WILLIAM C
  • Owner Before Previous Owner 2: WEAVER STACEY F

Neighborhood

  • School District Name: Covington Independent School District
  • School Tax School District: 01-COVINGTON SD
  • School Tax District Code 2: COVINGTON
  • Census Tract: 061400

Geography

  • District: 62
  • Subdivision Phase Number: 4
  • Parcel: 056-14-01-006.00
  • Block: 4
  • Lot: 28
  • Municipality: COVINGTON
  • Latitude: 39.0478
  • Longitude: -84.5104

    Address

  • Full Address: 3301 Grace Ave
  • Address - House Number: 3301
  • Address - Street Name: Grace
  • Address - Suffix Type: Ave
  • State: KY
  • City Name: Covington
  • Carrier Code: C052
  • 4-Digit Zip Code: 1333
  • Zip Code: 41015

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,014
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 66
  • Final Value: 48,622
  • High Value: 56,807
  • Low Value: 40,436

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $33,888
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Nov 23, 2016
  • First Open Lien Mortgage Loan Amount: $33,888
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2031

    Market Valuation

  • Market Total Value: $76,100
  • Market Land Value: $5,000
  • Market Improvement Value: $71,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,100
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $71,100

    Sales

  • Current Sale Contract Date: Nov 20, 2016
  • Current Sale Recording Date: Nov 23, 2016
  • Current Sale Transaction ID: 1878224536
  • Current Sale Price: $42,361
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 16 11 23 059 00197
  • Previous Sale Recording Date: Dec 02, 2013
  • Previous Sale Contract Date: Nov 26, 2013
  • Previous Sale Amount: $74,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Nov 23, 2016
  • First Mortgage Loan Amount: $33,888
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2031

    Previous Mortgages

  • Previous Mortgage Lender: VICTORY MORTGAGE LLC
  • Previous Mortgage Transaction Date: Dec 02, 2013
  • Previous Mortgage Loan Amount: $72,659
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2043

About Covington



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Frequently Asked Questions

What neighborhood is 3301 Grace Avenue located in?
The 3301 Grace Avenue is a located in the neighborhood of Kenton in Covington, Latonia.
What is the average sales price for listings in 3301 Grace Avenue?
The average sales price for units in 3301 Grace Avenue is $0 currently.

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