NOT LISTED FOR SALE

1514 Andrew St Unit 15 Covington, TN 38019

Estimated Value: $200,000 - $274,000

6 Beds
6 Baths
2,554 Sq Ft
$89/Sq Ft Est. Value

Last Sold January 03, 2020

Last sale price $45,000 $18 Per Sq Ft

Est. 408% increase in value since last sale

Current estimated payment $1,381/month

21 Days on Market

Highlights

  • Cooling Available
  • Heating Available
  • Property has 3 Levels

About This Home

As of January 2020

Duplex. 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. Attention Investors: Amazing Income Producing Investment Opportunity to Diversify Your Portfolio and Generate High Returns ~ Total of 44 Properties in Package

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,045

Year Built

  • Built in 1972

Lot Details

  • 0.5

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Watkins N View Subdivision

Listing and Financial Details

  • Tax Lot 38

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,045

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1972
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Other
  • Total Bedrooms: 6
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 109'X208' IRR.
  • Lot Size Units: Acres
  • Property Attached Yn: Yes

Rental Info

  • Tenant Pays: Other

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1045
  • Tax Lot: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2022
Sold by
Memphis Investment Properties Ii Llc
Bought by
Hung Family Trust
Current Estimated Value
$228,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,925
Outstanding Balance
$127,812
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$100,737

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
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Hung Family Trust $175,900 Delta Title Services
Hung Family Trust $175,900 Delta Title Services
Blurton Capital Llc $200,000 --
Lmiw I Llc $75,689 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hung Family Trust $131,925
Closed Hung Family Trust $131,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2020 01/03/20 Sold $45,000 +12.8% $18 / Sq Ft
11/29/2019 11/29/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $39,900 -- $16 / Sq Ft
Source: Realtracs

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 $2,185 $86,240 $5,720 $80,520
2023 $2,185 $86,240 $5,720 $80,520
2022 $2,024 $61,680 $5,720 $55,960
2021 $2,024 $61,680 $5,720 $55,960
2020 $1,370 $61,680 $5,720 $55,960
2019 $996 $26,560 $4,400 $22,160
2018 $996 $26,560 $4,400 $22,160
2017 $996 $26,560 $4,400 $22,160
2016 $996 $26,560 $4,400 $22,160
2015 $995 $26,560 $4,400 $22,160
2014 $995 $26,543 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 3025858

Realtracs

APN: 018L-B-007.00