425 Wallace Avenue

425 Wallace Avenue has been categorized by the local assessors in Covington, KY as a type of property. The building on the property was first built in 1894 and is 132 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 250 stories. In addition, 425 Wallace Avenue has 4,468 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 12,632 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. Moving on to the building itself. The condition of the building has been evaluated as . The roof of the building is made of . 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, 425 Wallace Avenue sold most recently in Feb 10, 2023 for a total of $50,980. If you work out the math, that's approximately a cost of $11.41 per sqft. Before that, the property was also sold for $505,000 in Apr 29, 2022. 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 $672,660 in taxes each year. 425 Wallace Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $505,000. If we break it down further, the land itself was valued at $10,000. Improvements to the property, however, were assessed at a total of $495,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.