505 E 16th St, Covington, KY, 41014
About This Home
Historic charm meets modern luxury in this beautifully restored 4-bedroom, 2-bath home. Thoughtfully renovated while preserving its timeless character, this move-in-ready gem features a grand two-story foyer, soaring ceilings, a stunning fireplace, and an updated kitchen with stainless steel appliances. The flexible floor plan offers two bedrooms and one full bath on each level, including a spacious first-floor primary suite with an oversized walk-in closet. Major updates include a new roof (2022) and HVAC system (2023), providing peace of mind. Relax on the covered side porches, enjoy the convenience of a detached two-car garage, and take advantage of a prime location just minutes from shopping, dining, and local attractions.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1916
Materials
- Foundation: Concrete Blk
- Roof: Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedroom
- Level: First
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Number of fireplaces: 1
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 2,670
Full Bathroom
- Level: First
Full Bathroom
- Level: Second
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 2,670
- Total interior livable area: 2,670 sqft
Kitchen
- Level: First
Living Room
- Level: First
Primary Bedroom
- Level: First
Property
Details
- Parcel number: 0553121003.00
Features
- Stories: 2
- Patio & porch: Porch
- Exterior features: Balcony
Lot
- Lot size: 3,484 sqft
- Lot size dimensions: 35 x 105
Parking
- Total spaces: 2
- Parking features: Off Street,Detached,Driveway
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Inland Flooding
- Lightning
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Kentucky Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,516 | $18,192 |
| Home Insurance * | $239 | $2,868 |
| Property Taxes | $294 | $3,528 |
| Electricity | $210 | $2,530 |
| Total | $2,259 | $27,108 |
Income You'd Need if You Spent...
Kentucky FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-10 | Price change | $294,900 |
| 2026-07-15 | Listed for sale | $299,900 |
| 2023-08-04 | Sold | $225,000 |
| 2023-07-06 | Pending sale | $230,000 |
| 2023-07-01 | Listed for sale | $230,000 |
| 2023-07-01 | Pending sale | $230,000 |
| 2023-06-30 | Listed for sale | $230,000 |
| 2023-06-11 | Pending sale | $230,000 |
| 2023-06-09 | Listed for sale | $230,000 |
| 2022-06-23 | Sold | $52,500 |
| 2022-06-06 | Pending sale | $55,000 |
| 2022-05-27 | Price change | $55,000 |
| 2022-04-29 | Price change | $67,000 |
| 2022-04-08 | Price change | $80,000 |
| 2022-03-31 | Listed for sale | $95,000 |
| 2021-02-02 | Sold | $74,100 |
| 2011-07-19 | Sold | $5,850 |
| 2011-04-24 | Price change | $14,000 |
| 2010-11-24 | Price change | $24,900 |
| 2010-08-28 | Listed for sale | $29,900 |
| 2010-03-16 | Sold | $28,000 |
| 2008-12-23 | Listing removed | $16,500 |
| 2008-12-10 | Listed for sale | $16,500 |
| 2008-04-29 | Sold | $12,000 |
| 2007-12-10 | Sold | $30,000 |
| 2004-06-07 | Sold | $25,000 |
| 1996-06-06 | Sold | $9,000 |
For Sale by Agent
View on Zillow