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4003 Decoursey Ave
Score
56
Covington, KY

4003 Decoursey Ave

650K
3 bd • 5 ba • 5,070 sf

This analysis was generated on 3/28/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$650,000
+217%vs 41015
Price/Sq.Ft
$128
-18%vs 41015
Above Fair Value
2.4% above range

Current Price

$650,000

Fair Range

$610,000 - $635,000

$650,000
Below Market-20%
Above Market+20%

Negotiation Leverage

3 points to consider in your offer

Recommended Offer

$615,000
Success Probability:Very Low(0.7%)

AI Rationale

The offer reflects the property's potential after renovations, considering the market's competitive nature and the property's condition. The seller may be motivated by the prospect of avoiding costly repairs.

Overall Score
56
68
Home Condition
68
Natural Light
39
Value
68
Location

Visual Insights

AI-analyzed spaces with reimagining capabilities

Outdated Elevator
Outdated Elevator

Outdated Elevator

The elevator appears old and potentially unsafe, requiring inspection and possible modernization.

Orange Structural Beams
Orange Structural Beams

Orange Structural Beams

The structural beams are painted orange, which may not be to everyone's taste and could be seen as dated.

Black Marble Tile
Black Marble Tile

Black Marble Tile

The black marble tile in the bathroom appears dated and may not be to everyone's taste.

Laminate Flooring
Laminate Flooring

Laminate Flooring

The flooring in the bedroom (image 15) appears to be laminate, which is less desirable than hardwood.

Outdated Door Color
Outdated Door Color

Outdated Door Color

The orange doors and trim are outdated and clash with the overall aesthetic.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$12,000

Elevator Modernization

$12,000
High

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

Sep
2017
$0Financed
September 8, 2017
From:Roy Niemes, Roy H Niemes
To:Dana Kathryn Monson, Robert Ryan Keeler
Warranty Deed
Standard Sale (Purchase/Resales)

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$650,000
-30%List: $650,000+30%
20%
$130,000of $650,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $1,000/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$173,475
Closing Costs
+$43,475
Down Payment
$130,000
Buyer Agent Fee
$16,575
Loan Fees
$5,200
Title & Escrow
$3,900
Inspections
$900
Transfer Tax
$7,150
Prepaid Expenses
$9,750

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Buyer Power
Market Speed
0 days
vs 38 day average
This is a new listing, while homes in this area typically sell in 38 days
Inventory Health
36
homes for sale
28 homes sold last month, indicating 1.3x more supply than demand
Price Dynamics
99.3%
of asking price
Homes typically sell for 0.7% below asking price

Price Trajectory

$225,000
Current median price
+21.3%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Market Is cooling
Prices are down 2.1% over the last 3 months
3 Months
-2.1%
6 Months
-0.9%
1 Year
+21.3%

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Days on market increasing 88.5% over the past 3 months suggests growing buyer leverage.

Historical Comparison
Current Value
$225,000
3 Months Ago
$111,250
+102.2%

Schools

Nearby school quality by education level

Middle

3.0/10
Below Average

High

1.0/10
Below Average

Climate Risks

Assessment of climate-related hazards for this property

Moderate Risk Profile

This property has 0 severe, 0 major, and 2 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Tour Checklist

Key items to inspect during your property tour

Operate the elevator multiple times, checking for smooth operation, unusual noises, and proper leveling at each floor. Document any issues with video and still photos.

Questions to Ask

Important questions to ask during the tour

Can you provide documentation of any elevator inspections, maintenance, or repairs performed in the last 5 years?

Has the flat roof been inspected recently, and can you provide a report detailing its condition and remaining lifespan?

Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.

Property Discussion

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