1502 Andrew St Unit 15 Covington, TN 38019
Estimated Value: $178,000 - $215,000
6
Beds
4
Baths
2,441
Sq Ft
$81/Sq Ft
Est. Value
About This Home
As of January 2020Duplex. On the same street as 3 other properties available for purchase in the same portfolio for a total of 3 duplexes and 1 single residential all on the same street. Amazing investment and PACKAGED DEAL opportunity! Diversify your portfolio and generate high returns with this great income producing opportunity Property can be sold with others as one package - 44 properties with over 70 units!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,021
Year Built
- Built in 1972
Lot Details
- 0.61
Home Design
- Duplex
- Shingle Roof
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Additional Features
- Property has 3 Levels
- Central Heating and Cooling System
Community Details
- Watkins N View Subdivision
Listing and Financial Details
- Tax Lot 39
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 9, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Potvin Zachary
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,675
Outstanding Balance
$119,464
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$77,544
Purchase Details
Closed on
Sep 16, 2022
Sold by
Mlh Investments Llc
Bought by
Memphis Investment Properties Ill Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
5.22%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 11, 2012
Bought by
Blurton Capital Llc
Purchase Details
Closed on
May 2, 2012
Sold by
Watkins Homes
Bought by
Lmiw I Llc
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Potvin Zachary | $164,900 | Delta Title Services | |
| Memphis Investment Properties Ill Llc | $400,000 | Fayette County Title | |
| Blurton Capital Llc | $200,000 | -- | |
| Lmiw I Llc | $75,689 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Potvin Zachary | $123,675 | |
| Previous Owner | Memphis Investment Properties Ill Llc | $158,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/24/2020 01/24/20 | Sold | $45,000 | +12.8% | $18 / Sq Ft |
| 11/30/2019 11/30/19 | Pending | -- | -- | -- |
| 11/09/2019 11/09/19 | For Sale | $39,900 | -- | $16 / Sq Ft |
Source: Realtracs
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 | -- | $81,120 | $4,400 | $76,720 |
| 2024 | $0 | $81,120 | $4,400 | $76,720 |
| 2023 | $2,056 | $81,120 | $4,400 | $76,720 |
| 2022 | $1,891 | $57,640 | $4,400 | $53,240 |
| 2021 | $1,891 | $57,640 | $4,400 | $53,240 |
| 2020 | $1,322 | $57,640 | $4,400 | $53,240 |
| 2019 | $973 | $25,960 | $4,400 | $21,560 |
| 2018 | $973 | $25,960 | $4,400 | $21,560 |
| 2017 | $973 | $25,960 | $4,400 | $21,560 |
| 2016 | $973 | $25,960 | $4,400 | $21,560 |
| 2015 | $973 | $25,960 | $4,400 | $21,560 |
| 2014 | $972 | $25,946 | $0 | $0 |
Source: Public Records
Map
Source: Realtracs
MLS Number: 3025839
APN: 018L-B-008.00
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