405 East 16th Street

405 East 16th Street has been categorized by the local assessors in Covington, KY as a type of property. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 200 stories. In addition, 405 East 16th Street has 1,904 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,050 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,625 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a for those who require parking. The roof of the building is made of . The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing . Finally, the property is currently sourcing its water from system. The building on the property is connected to a sewer system. 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, 405 East 16th Street sold most recently in Jan 31, 2024 for a total of $55,000. If you work out the math, that's approximately a cost of $28.89 per sqft. Before that, the property was also sold for $82,800 in Jan 28, 2021. 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 $110,289 in taxes each year. 405 East 16th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $82,800. 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 $77,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.