NOT LISTED FOR SALE

1462 S Main St Covington, TN 38019

Estimated Value: $163,000

0.33 Acre
$493,939 Price per Acre
14,375 Sq Ft Lot

Last Sold June 28, 2023

Last sale price $18,000 $10 Per Sq Ft

Est. 806% increase in value since last sale

Current estimated payment $1,049/month

6 Days on Market

About This Lot

As of June 2023

Beautiful level lot with the feeling of a country setting, but just a few mins from downtown Historic Covington square.

Last Agent to Sell the Property

Loretta Eubanks

Crye-Leike, Inc., REALTORS License #281835 Listed on: 06/10/2023

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Christine Christmas

Covington Realty & Auction LLC License #277979

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $986

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 70 x 200
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 050 050 01700

Property Details

Property Type

Land

Est. Annual Taxes

$986

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • MLS Map #: 623C
  • Price Per Sq Ft: 54545.45
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Municipal

Utilities

  • Utilities: Public Water, Electricity, Natural Gas

Association/Amenities

  • Uses Of Adjacent Area: Residential

Lot Info

  • Acreage: 0.33
  • Lot Size: 70 X 200
  • Price Per Acre: 75758
  • Zoning: res
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family, Flood Plain

Tax Info

  • Assessor Parcel Number: 050 050 01700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2023
Closed on
Jun 28, 2023
Sold by
Denison Courtney P and Denison Timothy E
Bought by
Cranford Leslie Susan
Seller's Agent
Loretta Eubanks
Crye-Leike, Inc., REALTORS
Buyer's Agent
Christine Christmas
Covington Realty & Auction LLC
List Price
$25,000
Sold Price
$18,000
Premium/Discount to List
-$7,000
-28%
Views
13
Current Estimated Value
$163,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,000

Purchase Details

Listed on
Oct 12, 2022
Closed on
Oct 28, 2022
Sold by
Palmisano Tiffany
Bought by
Denison Courtney P and Denison Timothy E
Seller's Agent
Adrian Waits
Collier REALTORS
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$190,000
Sold Price
$135,000
Premium/Discount to List
-$55,000
-28.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-95.28%
Original Mortgage
$140,000
Interest Rate
6.7%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 4, 2016
Closed on
Apr 27, 2017
Sold by
Kellum Jeremy L
Bought by
Palmisano Tiffany
Seller's Agent
Felecia Magro
The Stamps Real Estate Company
Buyer's Agent
Kenneth Wright
Epique Realty
List Price
$128,000
Sold Price
$125,000
Premium/Discount to List
-$3,000
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.40%
Original Mortgage
$122,735
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 3, 2012
Closed on
Feb 15, 2013
Sold by
Lague Paul E
Bought by
Kellum Jeremy L and Kellum Barbara R
Seller's Agent
Pamela Worley
Unique Properties
Buyer's Agent
Cheryl Rogers
REMAX Experts
List Price
$134,500
Sold Price
$127,500
Premium/Discount to List
-$7,000
-5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.47%
Original Mortgage
$130,050
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 2012
Sold by
Secretary Of Veterans Affa
Bought by
Lague Paul E and Lague Elizabeth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
3.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 2012
Sold by
Doss Tony W
Bought by
Secretary Of Veterans Affairs and C/O Countrywide Home Loans

Purchase Details

Closed on
Mar 22, 2006
Sold by
Culver John W
Bought by
Doss Tony W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,208
Interest Rate
6.23%
Mortgage Type
VA

Purchase Details

Closed on
Jun 24, 1960
Bought by
Culver Wayne and Culver Mary
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cranford Leslie Susan $18,000 None Listed On Document
Denison Courtney P -- Mid South Title
Palmisano Tiffany $125,000 --
Kellum Jeremy L $127,500 --
Lague Paul E $35,900 --
Secretary Of Veterans Affairs $35,252 --
Doss Tony W $92,000 --
Culver Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Denison Courtney P $140,000
Previous Owner Palmisano Tiffany $122,735
Previous Owner Kellum Jeremy L $130,050
Previous Owner Lague Paul E $66,000
Previous Owner Culver Wayne $94,208
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $18,000 -28.0% $10 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
06/10/2023 06/10/23 For Sale $25,000 -81.5% $14 / Sq Ft
10/31/2022 10/31/22 Sold $135,000 -28.9% $75 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $190,000 +40.7% $106 / Sq Ft
10/14/2022 10/14/22 Off Market $135,000 -- --
10/12/2022 10/12/22 For Sale $190,000 +52.0% $106 / Sq Ft
04/27/2017 04/27/17 Sold $125,000 -2.3% $69 / Sq Ft
03/17/2017 03/17/17 Pending -- -- --
10/04/2016 10/04/16 For Sale $128,000 +0.4% $71 / Sq Ft
02/15/2013 02/15/13 Sold $127,500 -5.2% $80 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
12/03/2012 12/03/12 For Sale $134,500 -- $84 / 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
2022 $986 $30,050 $2,975 $27,075
2021 $986 $30,050 $2,975 $27,075
2020 $986 $30,050 $2,975 $27,075
2019 $1,080 $28,800 $2,600 $26,200
2018 $1,080 $28,800 $2,600 $26,200
2017 $1,080 $28,800 $2,600 $26,200
2016 $1,080 $28,800 $2,600 $26,200
2015 $1,079 $28,800 $2,600 $26,200
2014 $1,080 $28,811 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Loretta Eubanks

    Seller's Agent in 2023

    Loretta Eubanks

    Crye-Leike

    (901) 553-9530

    10 Total Sales

    Loretta Eubanks
    Section Image

  • C

    Buyer's Agent in 2023

    Christine Christmas

    Covington Realty & Auction LLC

    (901) 299-2204

    73 Total Sales

    Christine Christmas
    Section Image
  • Adrian Waits

    Seller's Agent in 2022

    Adrian Waits

    Collier REALTORS

    (901) 870-0576

    9 Total Sales

    Adrian Waits
    Section Image

  • N

    Buyer's Agent in 2022

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • Felecia Magro

    Seller's Agent in 2017

    Felecia Magro

    The Stamps Real Estate Company

    (901) 283-9373

    81 Total Sales

    Felecia Magro
    Section Image

  • K

    Buyer's Agent in 2017

    Kenneth Wright

    Epique Realty

    (888) 893-3537

    31 Total Sales

    Kenneth Wright
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10149861

Memphis Area Association of REALTORS®

APN: 050-017.00

Tennessee Tipton County Covington 38019

1462 S Main St, Covington, TN

This home is located at 1462 S Main St, Covington, TN 38019 since 10 June 2023 and is currently priced at $163,000, approximately $94 per square foot. 1462 S Main St 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.

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