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6 Trotters Way
Score
0
Florence, KY

6 Trotters Way

299K
3 bd • 3 ba • 1,830 sf

This analysis was generated on 2/19/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$299,400

Price/Sq.Ft

$164

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Reasonable Price per Square Foot: At $163.61 per square foot, the property's price is competitive compared to some other areas, potentially offering good value for the size of the home. • Three Bedrooms and Three Bathrooms: The presence of three bedrooms and three bathrooms provides ample space and convenience for families or individuals who desire extra rooms. • Location in Florence: Florence is a growing area with access to amenities, schools, and employment opportunities, making it an attractive location for many buyers. Median income is $68,684 a year. • Rental Income Potential: The average 3 bedroom rental in Florence is $1650 a month, so this property could be used as a rental property, or create rental income.

The Bad

• Missing Build Year: The unknown build year makes it difficult to assess the property's condition, potential maintenance needs, and compliance with current building codes. A home inspection is crucial to determine the age and condition of the structure and its systems. • Lack of Property Details: The absence of property details and descriptions makes it challenging to evaluate the home's features, layout, and potential issues. This lack of transparency hinders informed decision-making and increases the risk of overlooking critical factors. • Limited Information: The limited information available makes it difficult to compare this property to others in the area. Without knowing specific features or the condition of the home, it's challenging to determine if the price is justified compared to similar listings. • Airport Noise: Living near the airport can mean dealing with noise pollution from air traffic. Assess the noise levels at different times of the day before making a decision.

The Ugly

• Undisclosed Condition: Without property details, the true condition of the home is unknown. There could be significant hidden problems that require costly repairs. • Potential for Hidden Costs: The lack of information makes it impossible to estimate potential repair or renovation costs. This can lead to unexpected financial burdens after purchasing the property. • Flood Zone: Parts of Florence are located in flood plains. If the property is in a flood zone, the cost of flood insurance can add significantly to the monthly expenses. • Unknown HOA Fees: Without HOA fees, the buyer could be in for a surprise. Without knowing this information, it is hard to make an informed decision.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• First-time homebuyers: The property offers a relatively affordable entry point into the Florence housing market, with a price per square foot of $163.61, potentially aligning with the budgets of those new to homeownership. • Commuters to Cincinnati: The location in Florence provides reasonable access to Cincinnati, making it suitable for individuals working in the city who prefer a suburban living environment. • Renters seeking more space: With 1,830 square feet, the property offers significantly more living space than typical rental units (studios, one-bedroom, or two-bedroom apartments), which may appeal to renters looking to upgrade to a larger home. The average 3 bedroom rental in Florence is $1650, so buying may be more affordable. • Buyers seeking a traditional home with a yard: The images suggest a typical suburban home with a lawn, which may attract buyers seeking a conventional residential setting. • Value-conscious buyers: The price is $299,400 for a 3-bedroom, 3-bathroom home. This would appeal to buyers who are looking for a more affordable option in the area.

Not For

• Buyers seeking modern or updated homes: Without details on renovations or updates, the property may not appeal to those seeking contemporary finishes or modern amenities. • Buyers with specific accessibility needs: The absence of property details prevents assessment of accessibility features (e.g., ramps, single-story layout), making it potentially unsuitable for individuals with mobility challenges. • Buyers prioritizing detailed property information: The lack of property details may deter buyers who prefer comprehensive information upfront before considering a viewing. • Buyers with a low tolerance for air traffic noise: Given Florence's proximity to the Cincinnati/Northern Kentucky Airport (CVG), those sensitive to aircraft noise may find the location undesirable.
Demographics
Area Median Income

$68,684

Property History

Price History
Ownership Timeline
$182,900Financed
Jan 19, 2018
Westmark Properties LlcAnthony Kent Hernandez, Anthony Kent Hernandez
Warranty Deed
Standard Sale (Purchase/Resales)
$129,600Cash Purchase
Jun 9, 2017
Alan J Shubert, U S Bank NaWestmark Properties Llc
Commissioners Deed
Foreclosure
$159,000Cash Purchase
Jan 24, 2011
Daniel G Hughes, Leslie D HughesAlan J Shubert
Deed
Standard Sale (Purchase/Resales)
$126,000Financed
Jul 23, 1998
Williamsburg PropertiesDaniel G Hughes, Leslie D Hughes
Deed
Standard Sale (Purchase/Resales)

Sunlight Analysis

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Sunlight Analysis

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Financials

Monthly Costs
Market Rent (3 bed)

$820

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$299,400
Price/sqft
$164
Layout
3 bd3 ba
0

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$244,050

22.7%

Your price is 22.7% above average

Median Price

$257,000

16.5%

Based on 6 recent sales

Price per Sq.Ft

$139

17.7%

Your price is 17.7% above average $/sqft

Comparable Properties

1420 Taramore Dr, Florence, KY 41042
Price: $315,000
Sq.Ft: 1,802
Beds/Baths: 3/3
$/Sq.Ft:
$1756.8%
Sale Date: 11/14/2024
8352 Hemlock Court, Florence, KY 41042
Price: $229,500
Sq.Ft: 1,968
Beds/Baths: 3/3
$/Sq.Ft:
$11728.7%
Sale Date: 11/26/2024
8336 Grande Fir Court, Florence, KY 41042
Price: $257,000
Sq.Ft: 1,552
Beds/Baths: 3/3
$/Sq.Ft:
$1661.2%
Sale Date: 10/28/2024
1491 Atlanta Court #4, Florence, KY 41042
Price: $250,000
Sq.Ft: 1,900
Beds/Baths: 2/3
$/Sq.Ft:
$13219.6%
Sale Date: 9/13/2024
2999 Danbury Drive, Florence, KY 41042
Price: $345,000
Sq.Ft: 1,662
Beds/Baths: 4/3
$/Sq.Ft:
$20826.9%
Sale Date: 9/27/2024
1612 Ashley Ct Apt #101, Florence, KY 41042
Price: $67,799
Sq.Ft: 1,663
Beds/Baths: 2/2
$/Sq.Ft:
$4175.1%
Sale Date: 11/3/2024

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