517 Wallace Ave, Covington, KY 41014 Property Records

Kenton County property record for 517 Wallace Ave, Covington, KY 41014

Property Summary

Property Type	Single Family Home
Details	4 bd · 1.5 ba · 1,878 sqft · built 1919
Lot Size	0.069 acres (3,000 sqft)
Owner	Individual Name on File
Last Sale	$84,500 (Oct 1996)
Tax Bill	$3,339 (2025)
Deeds & Mortgages	Aug 2022 Second Mortgage Mar 2017 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`055-32-25-006.00`

Property Details

APN / Parcel Number

Primary APN	`055-32-25-006.00`

Interior

Bedrooms	4 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Stories	2 Stories
Building Area	1,878 sqft Finished Area
Gross Area	1,986 sqft

Exterior

Year Built	Built 1919
Effective Year Built	Effective 1919
Exterior Material	Brick
Foundation Type	Stone
Roof Material	Slate
Lot Area	3,000 sqft (0.069 acres)
Lot Dimensions	75 ft deep x 40 ft wide

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C
Heating Fuel	Gas
Sewer	Connected

Location & Zoning

Street Address	517 WALLACE AVE
City	COVINGTON
State	KY
Zip	41014-1557
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	WALLACE PT LOTS 145-146-147 40'X 75' SS WALLACE 30' W OAKLAND
Legal Subdivision	WALLACE ROBERT
Legal Phase	7
Legal Lot Number	145,14
Jurisdiction	KENTON KY
Township / Civil Division	COVINGTON
Census Block Group	1
Census Block	1002
Census Tract	61100

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic District	Within the Wallace Woods Area Residential Historic District listed 1983 · 250 contributing resources · NRIS 83002807

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

517 Wallace Ave is owned and occupied by an individual who bought it in October 1996.

Source: Kenton County records, as of October 20, 2026

Owner of Record	Individual Name on File
Mailing Address	517 WALLACE AVE, COVINGTON, KY 41014-1557
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Aug 19, 2022	Deed of Trust, Mortgage · Stand-Alone Second Mortgage COMMONWEALTH CREDIT UNION
Mar 14, 2017	Grant Deed, Transfer · Conventional with PMI COMMONWEALTH CU

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 10, 1996 · Amount on File
Deed Sale	Oct 10, 1996 · Amount on File
Prior Sale	Feb 16, 1995 · Amount on File
Record Updated	Oct 29, 2026

August 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KENTON KY
Property Address	517 WALLACE AVE, COVINGTON, KY 41014-1557
Transaction Type	Mortgage
Record Updated	Aug 29, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0005900175
Date	Aug 19, 2022
Book Page	399/947
Instrument	22081905900175

Lender

Name	COMMONWEALTH CREDIT UNION
Type	Credit Union
Address	FRANKFORT, KY 40602

Agreement

Type	Stand-Alone Second Mortgage
Amount	Amount on Record
Term	181 Months
Due	Sep 1, 2037

March 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	KENTON KY
Recording Date	Mar 14, 2017
Property Address	517 WALLACE AVE, COVINGTON, KY 41014-1557
Document Number	0000000068
Book / Page	0C6115 / 000090
Instrument Date	Mar 7, 2017
Instrument	68
Transaction Type	Transfer
Record Updated	May 17, 2017
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$126.00
Amount Accuracy	Confirmed

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	517 WALLACE AVE COVINGTON KY 410141557, COVINGTON, KY 41014-1557

Mortgage

Document Number	71
Date	Mar 14, 2017
Book Page	0C6115/000114
Instrument	71

Lender

Name	COMMONWEALTH CU
Type	Credit Union
Address	FRANKFORT, KY 40602-0978

Agreement

Type	Conventional with PMI
Amount	Amount on Record
Term	360 Months
Due	Mar 13, 2047

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

The 2025 property tax bill for 517 Wallace Ave was $3,339.

Source: Kenton County assessment roll, as of December 2, 2025

Property Jurisdictions

Type	Name
State	Kentucky
County	Kenton County
Municipality	Covington City
Unified School District	Covington Independent School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$252,000 (-) Land $10,000 Building $242,000	$252,000 (-) Land $10,000 Building $242,000
2025	$3,339.00	$252,000 Land $15,000 Building $237,000	$252,000 Land $15,000 Building $237,000
2023	$3,356.00	$252,000 Land $15,000 Building $237,000	$252,000 Land $15,000 Building $237,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 517 Wallace Ave in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective June 19, 2015 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	1 (1983)
Claims Outside the SFHA	1 of 1
Most Recent Claim	May 1983 · tidal / storm surge

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 517 Wallace Ave is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 97% of the US · lower than 97.3% of Kentucky
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	NORTHERN KENTUCKY WATER DISTRICT serves 259,949 people · EPA ID KY0590220
Water Source	Surface water
Last State Inspection	Oct 2023
Lead	Under 1 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 1,077 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
altafiber Network Solutions Fiber	3,000 / 3,000
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Starlink Satellite	280 / 30
T-Mobile Fixed Wireless	100 / 20

May also be available: AT&T, Verizon.

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