NOT LISTED FOR SALE

1261 Walton Loop Covington, TN 38019

Estimated Value: $63,000 - $87,000

5.85 Acres
$12,821 Price per Acre
254,826 Sq Ft Lot

Sale Details

Date Sold: April 7, 2016

Last sale price $18,000 $15 Per Sq Ft

Est. 317% increase in value since last sale

Current estimated payment $418 / mo

16 Days on Market

About This Lot

As of April 2016

Nice country setting close to schools, shopping and Hwy 51. Land comes with single wide trailer that is being "Sold As Is Where Is" it has 3 bedrooms and 2 bathrooms.

Last Agent to Sell the Property

Angelina McKinnerney

Covington Realty & Auction LLC License #314926 Listed on: 02/27/2016

Last Buyer's Agent

Kathryn McGowan

Covington Realty & Auction LLC License #335102

Property Details

Property Type

  • Land

Lot Details

  • 5.85 Acre Lot
  • Creek or Stream
  • Rural Setting
  • Wooded Lot

Interior Spaces

  • 1,216 Sq Ft Home
  • Dirt Floor

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 040 040 08603

Property Details

Property Type

Land

Lot Details

5.85 Acres

Listing Details

  • Class: Land
  • Type: Land
  • Location: Rural
  • MAAR Subdivision Name: Unknown
  • List Price Per Sq Ft: 21
  • Estimated Sq Ft: 1216
  • Miscellaneous: Stream/Creek
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Dirt

Utilities

  • Utilities: Public Water, Electricity, Septic Tank, Natural Gas

Lot Info

  • Acreage: 5.85
  • Lot Size: 5.85
  • Zoning: Res
  • Present Structure: Mobile Home, Needs Repair
  • Present Usage: None/Vacant
  • Shape: Irregular
  • Topographic Feature: Wooded
  • Zoning Of Adjacent Area: Single Family, Mobile Homes, Agriculture, Flood Plain

Tax Info

  • Assessor Parcel Number: 040 040 08603

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2016
Sold by
Richardson Christopher
Bought by
Beloate Shirley and Beloate Gilford
Current Estimated Value
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,500
Outstanding Balance
$19,586
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$55,414

Purchase Details

Listed on
Feb 27, 2016
Closed on
Apr 7, 2016
Sold by
Floyd Dexter Allen
Bought by
Richardson Christopher and Richardson Russell
Seller's Agent
Angelina McKinnerney
Covington Realty & Auction LLC
Buyer's Agent
Kathryn McGowan
Covington Realty & Auction LLC
List Price
$25,000
Sold Price
$18,000
Premium/Discount to List
-$7,000
-28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.34%

Purchase Details

Closed on
Mar 10, 2011
Sold by
Gilbert Paula Faye
Bought by
Floyd Dexter Allen

Purchase Details

Closed on
Jun 30, 1997
Bought by
Evans Jay and Evans Paula Faye
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Beloate Shirley $25,000 --
Richardson Christopher $18,000 --
Floyd Dexter Allen $30,000 --
Evans Jay $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beloate Shirley $24,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2016 04/07/16 Sold $18,000 -28.0% $15 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
02/27/2016 02/27/16 For Sale $25,000 -- $21 / Sq Ft
Source: Memphis Area Association of REALTORS®

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
2025 $166 $10,925 $10,925 $0
2024 $166 $10,925 $10,925 $0
2023 $166 $10,925 $10,925 $0
2022 $164 $8,025 $8,025 $0
2021 $164 $8,025 $8,025 $0
2020 $164 $8,025 $8,025 $0
2019 $166 $6,875 $6,875 $0
2018 $88 $6,875 $6,875 $0
2017 $166 $6,875 $6,875 $0
2016 $166 $6,875 $6,875 $0
2015 $166 $6,875 $6,875 $0
2014 $166 $6,881 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9971502

Memphis Area Association of REALTORS®

APN: 040-086.03

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