NOT LISTED FOR SALE

1308 Roane St Covington, TN 38019

Estimated Value: $312,000 - $361,000

5 Beds
4 Baths
2,775 Sq Ft
$122/Sq Ft Est. Value

Last Sold March 26, 2012

Last sale price $125,000 $45 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $1,958/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • 2 Car Attached Garage
  • Wood Flooring
  • Great Room
  • Eat-In Kitchen

About This Home

As of March 2012

This home is located at 1308 Roane St, Covington, TN 38019 since 04 May 2011 and is currently estimated at $337,936, approximately $121 per square foot. This property was built in 1961. 1308 Roane St is a home located in Tipton County with nearby schools including Crestview Elementary School, Crestview Middle School, and Covington High School.

Last Agent to Sell the Property

Kaye Smith

Property Place License #218548 Listed on: 05/04/2011

Last Buyer's Agent

Laurie McClerkin

MidSouth Residential, LLC License #295389

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,007

Year Built

  • Built in 1961

Lot Details

  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,775 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Great Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • On Deed Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041J 041J J01700

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,007

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 623C
  • MAAR Subdivision Name: on deed
  • Number Of Stories: 1
  • Price Per Sq Ft: 45.05
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2775
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 5
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 4
  • Living Dining Kitchen: Great Room, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 4

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Size: 100'X139.9' IRR.

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 041J 041J J01700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2011
Closed on
Mar 24, 2012
Sold by
Tipton Ann P
Bought by
Morgan Lisa and Morgan Michael
Seller's Agent
Kaye Smith
Property Place
Buyer's Agent
Laurie McClerkin
MidSouth Residential, LLC
List Price
$155,000
Sold Price
$125,000
Premium/Discount to List
-$30,000
-19.35%
Current Estimated Value
$337,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,936
Avg. Annual Appreciation
7.62%
Original Mortgage
$125,000
Outstanding Balance
$86,275
Interest Rate
3.97%
Mortgage Type
Commercial
Estimated Equity
$251,661

Purchase Details

Closed on
May 29, 1964
Bought by
Tipton Walker and Tipton Ann
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
Morgan Lisa $125,000 --
Tipton Walker -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Lisa $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2012 03/26/12 Sold $125,000 -19.4% $45 / Sq Ft
02/19/2012 02/19/12 Pending -- -- --
05/04/2011 05/04/11 For Sale $155,000 -- $56 / 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 $2,007 $79,200 $6,825 $72,375
2023 $2,007 $79,200 $6,825 $72,375
2022 $1,814 $55,300 $5,025 $50,275
2021 $1,815 $55,300 $5,025 $50,275
2020 $1,814 $55,300 $5,025 $50,275
2019 $1,159 $30,900 $3,875 $27,025
2018 $1,159 $30,900 $3,875 $27,025
2017 $1,159 $30,900 $3,875 $27,025
2016 $1,159 $30,900 $3,875 $27,025
2015 $1,158 $30,900 $3,875 $27,025
2014 $1,157 $30,882 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kaye Smith

    Property Place

    (800) 395-2232

    3 Total Sales

    Kaye Smith
    Section Image
  • Laurie McClerkin

    Buyer's Agent in 2012

    Laurie McClerkin

    MidSouth Residential, LLC

    (901) 493-2278

    118 Total Sales

    Laurie McClerkin
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3222989

Memphis Area Association of REALTORS®

APN: 041J-J-017.00

Tennessee Tipton County Covington 38019

1308 Roane St, Covington, TN

This home is located at 1308 Roane St, Covington, TN 38019 since 04 May 2011 and is currently estimated at $337,936, approximately $121 per square foot. This property was built in 1961. 1308 Roane St is a home located in Tipton County with nearby schools including Crestview Elementary School, Crestview Middle School, and Covington High School.

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