NOT LISTED FOR SALE

1002 Covemont Dr Fayetteville, TN 37334

Estimated Value: $291,000 - $435,000

4 Beds
4 Baths
3,463 Sq Ft
$102/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $308,900 $89 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,168/month

309 Days on Market

Highlights

  • 1 Acre Lot
  • Main Floor Primary Bedroom
  • Central Heating and Cooling System
  • Traditional Architecture
  • No HOA
  • Gas Log Fireplace

About This Home

As of July 2018

LOCATION, LOCATION, LOCATION! MINUTES FROM THE SQUARE AND GOLF COURSE. CUSTOM BUILT HOME IN AN ESTABLISHED NEIGHBORHOOD ON AN ESTATELY LOT. HEAVY CROWN AND FLOWING HARDWOODS THROUGHOUT THE MAIN LEVEL. CHEIFS KITCHEN WITH ABUNDANT STORAGE, GRANITE COUNTER TOPS, AND KEEPING ROOM. BONUS ROOM COULD BE USED AS 4TH BEDROOM OR 2ND MASTER. FORMAL DINNING ROOM, OFFICE, BONUS ROOM, SPACIOUS LAUNDRY ROOM. OVER SIZED BACK PORCH AND OUTDOOR ENTERTAINING SPACE, WITH MATURE LANDSCAPING. THIS HOUSE IS TRULY A HOME! CALL TODAY!

Last Agent to Sell the Property

Tommy Adams

BHHS Rise Real Estate License #19849 Listed on: 08/25/2017

Last Buyer's Agent

Melissa Burt

Leading Edge RE Grp-Fayetville License #91757

Home Details

Home Type

  • Single Family

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 140 x 145

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,463 Sq Ft Home
  • Property has 2 Levels
  • Gas Log Fireplace
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Schools

  • Fayetteville Elementary School
  • Fayetteville High School

Utilities

  • Central Heating and Cooling System
  • Private Sewer

Community Details

  • No Home Owners Association
  • Twin Oaks Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 052068K E 01700

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Living Area: 3463
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Lot Size: 140 x 145
  • Subdivision Name: Twin Oaks
  • Architectural Style: Traditional
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Appliances: Dishwasher, Microwave, Range
  • Levels: Two
  • Basement: Crawl Space
  • Full Bathrooms: 4
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Room Bedroom4 Area: 418
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 132
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 132
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 14
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Room Office Level: First
  • Room Living Room Area: 384
  • Room Kitchen Area: 225
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 252
  • Room Dining Room Area: 208

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Sewer: Private Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Fayetteville

Lot Info

  • Parcel Number: 052068K E 01700
  • Lot Size Sq Ft: 43560
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 17

MLS Schools

  • Elementary School: Ralph Askins
  • High School: Fayetteville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2017
Closed on
Jul 10, 2018
Sold by
Russell John W and Russell Amy Jo
Bought by
Franks Jeffrey A and Franks Amanda A
Seller's Agent
Tommy Adams
BHHS Rise Real Estate
Buyer's Agent
Melissa Burt
Leading Edge RE Grp-Fayetville
List Price
$347,000
Sold Price
$308,900
Premium/Discount to List
-$38,100
-10.98%
Current Estimated Value
$354,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,505
Avg. Annual Appreciation
2.58%
Original Mortgage
$293,455
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2006
Sold by
Wolfe Michael
Bought by
Russell John and Russell Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
6.58%

Purchase Details

Closed on
Oct 31, 2005
Sold by
Twin Oaks Llc
Bought by
Wolfe Michael

Purchase Details

Closed on
May 2, 2003
Bought by
Twin Oaks Llc

Purchase Details

Closed on
Oct 6, 1977
Bought by
Wallace Ronnie
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Franks Jeffrey A $308,900 None Available
Franks Jeffrey A $308,900 None Available
Russell John $347,500 --
Wolfe Michael $37,500 --
Twin Oaks Llc $336,000 --
Twin Oaks Llc $336,000 --
Wallace Ronnie -- --
Wallace Ronnie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franks Jeffrey A $20,000
Open Franks Jeffrey A $291,500
Closed Franks Jeffrey A $293,455
Previous Owner Russell John W $295,200
Previous Owner Russell John W $306,801
Previous Owner John Russell $278,000
Previous Owner Michael Wolfe $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2018 10/21/18 Off Market $308,900 -- --
07/20/2018 07/20/18 Sold $308,900 -11.0% $89 / Sq Ft
06/30/2018 06/30/18 Pending -- -- --
08/25/2017 08/25/17 For Sale $347,000 -- $100 / Sq Ft
Source: ValleyMLS.com

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $57,025 $9,350 $47,675
2023 $2,848 $98,825 $7,425 $91,400
2022 $2,077 $98,825 $7,425 $91,400
2021 $2,077 $98,825 $7,425 $91,400
2020 $3,559 $98,825 $7,425 $91,400
2019 $3,559 $98,825 $7,425 $91,400
2018 $3,359 $81,325 $8,750 $72,575
2017 $3,245 $81,325 $8,750 $72,575
2016 $3,245 $81,325 $8,750 $72,575
2015 $2,936 $81,325 $8,750 $72,575
2014 $2,936 $81,325 $8,750 $72,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1077051

ValleyMLS.com

APN: 068K-E-017.00