NOT LISTED FOR SALE

118 Stout Cove Covington, TN 38019

Estimated Value: $128,000 - $172,000

4 Beds
2 Baths
1,200-1,399 Sq Ft
$110/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $60,000 $43 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $876/month

Highlights

  • Traditional Architecture
  • Porch
  • Laundry Room
  • Great Room
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of July 2020

Nice 4 bedroom, 2 full bath home in a cove with huge back yard. Split floor plan with large master suite with bathroom. Large separate laundry room. 4 bedrooms and two baths are rare at this price. Great investment or fixer upper.

Last Agent to Sell the Property

Steve Heathman

Hometown Realty License #300789 Listed on: 07/01/2020

Co-Listed By

Pamela Brewi

Five Star Real Estate Services License #277697

Last Buyer's Agent

Michelle Allen

Crye-Leike, Inc., REALTORS License #339922

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $869

Year Built

  • Built in 2006

Lot Details

  • 0.37

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,251 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Partially Carpeted
  • Pull Down Stairs to Attic
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Cove
  • Porch

Additional Features

  • 0.37 Acre Lot
  • Central Heating and Cooling System

Community Details

  • Stout Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 018L 018K F00800

Home Details

Home Type

Single Family

Est. Annual Taxes

$869

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 623C
  • MAAR Subdivision Name: STOUT
  • List Price Per Sq Ft: 48
  • Number Of Stories: 1
  • Price Per Sq Ft: 47.96
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1251
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Carpet, Level 1
  • Bedroom 3 Description: Carpet, Level 1
  • Bedroom 4 Description: Carpet, Level 1
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Great Room, Eat-In Kitchen
  • Misc Interior: Pull Down Attic Stairs
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Carpet, Full Bath, Level 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Vinyl Siding
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water

Lot Info

  • Lot Description: Cove
  • Lot Number: 8
  • Acreage: 0.37
  • Lot Size: 0.37
  • Price Per Acre: 162162

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 018L 018K F00800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Jul 27, 2020
Sold by
Reo Acquisition I Llc
Bought by
Downing Herbert Lee
Seller's Agent
Steve Heathman
Hometown Realty
Buyer's Agent
Michelle Allen
Crye-Leike, Inc., REALTORS
List Price
$60,000
Sold Price
$60,000
Current Estimated Value
$153,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,333
Avg. Annual Appreciation
19.57%

Purchase Details

Listed on
Jul 1, 2020
Closed on
Jul 15, 2020
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Reo Acquisition I Llc
Seller's Agent
Steve Heathman
Hometown Realty
Buyer's Agent
Michelle Allen
Crye-Leike, Inc., REALTORS
List Price
$60,000
Sold Price
$60,000

Purchase Details

Closed on
Oct 17, 2017
Sold by
Federal National Mortgage Association
Bought by
Wilmington Savings Fund Societ and C/O Rushmore Loan Management S

Purchase Details

Closed on
Aug 24, 2017
Sold by
Federal National Mortgage Association
Bought by
Thomas Lisa

Purchase Details

Closed on
May 1, 2017
Sold by
Stout Valerie
Bought by
Federal National Mtg Associati and C/O Seterus Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Downing Herbert Lee $60,000 Servicelink Llc
Reo Acquisition I Llc -- Servicelink Llc
Wilmington Savings Fund Societ -- --
Thomas Lisa $45,000 --
Federal National Mtg Associati $63,700 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2020 07/30/20 Sold $60,000 0.0% $50 / Sq Ft
07/01/2020 07/01/20 For Sale $60,000 -- $50 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $869 $34,300 $4,875 $29,425
2023 $869 $34,300 $4,875 $29,425
2022 $788 $24,025 $3,575 $20,450
2021 $788 $24,025 $3,575 $20,450
2020 $788 $24,025 $3,575 $20,450
2019 $818 $21,825 $2,750 $19,075
2018 $818 $21,825 $2,750 $19,075
2017 $818 $21,825 $2,750 $19,075
2016 $818 $21,825 $2,750 $19,075
2015 $818 $21,825 $2,750 $19,075
2014 $818 $21,831 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Steve Heathman

    Hometown Realty

    (901) 831-1394

    35 Total Sales

    Steve Heathman
    Section Image
  • Pamela Brewi

    Seller Co-Listing Agent in 2020

    Pamela Brewi

    Five Star Real Estate Services

    (901) 497-9467

    46 Total Sales

    Pamela Brewi
    Section Image
  • Michelle Allen

    Buyer's Agent in 2020

    Michelle Allen

    Crye-Leike

    (901) 634-1243

    52 Total Sales

    Michelle Allen
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10079823

Memphis Area Association of REALTORS®

APN: 018L-F-008.00

Tennessee Tipton County Covington 38019

118 Stout Cove, Covington, TN

This home is located at 118 Stout Cove, Covington, TN 38019 since 01 July 2020 and is currently estimated at $153,333, approximately $109 per square foot. This property was built in 2006. 118 Stout Cove is a home located in Tipton County with nearby schools including Crestview Elementary School, Crestview Middle School, and Covington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes