NOT LISTED FOR SALE

1515 Pinecrest St Covington, TN 38019

Estimated Value: $162,000 - $172,311

3 Beds
2 Baths
2,543 Sq Ft
$65/Sq Ft Est. Value

Last Sold December 17, 2012

Last sale price $50,000 $20 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $945/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Partially Carpeted
  • Eat-In Kitchen
  • Hot Water Heating System
  • Level Lot

About This Home

As of December 2012

Great investment property...."AS IS" bank foreclosure. 3 bdrm 2 bath on each side. Brick unit located on deadend street.

Last Agent to Sell the Property

Laurie McClerkin

MidSouth Residential, LLC License #295389 Listed on: 11/08/2012

Last Buyer's Agent

Laurie McClerkin

MidSouth Residential, LLC License #295389 Listed on: 11/08/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,268

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 100'x150'
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,543 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Partially Carpeted
  • Concrete

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System

Community Details

  • Tatlock Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041I 041P A00400

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,268

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 1513
  • MLS Map #: 623C
  • MAAR Subdivision Name: TATLOCK
  • Freestanding: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 19.66
  • Estimated Sq Ft: 2543
  • Year Built: 1971
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Carpet, Concrete Floor
  • Estimated Entire Duplex Sq Ft: 2400-2599

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Individual System

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 4
  • Lot Size: 100'X150'

Tax Info

  • Assessor Parcel Number: 041I 041P A00400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2012
Closed on
Dec 14, 2012
Sold by
First State Bank
Bought by
G & J Investments
Seller's Agent
Laurie McClerkin
MidSouth Residential, LLC
Buyer's Agent
Laurie McClerkin
MidSouth Residential, LLC
List Price
$59,500
Sold Price
$50,000
Premium/Discount to List
-$9,500
-15.97%
Current Estimated Value
$153,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,075
Avg. Annual Appreciation
10.04%

Purchase Details

Closed on
Jul 16, 2008
Sold by
Clayton Bank & Trust
Bought by
Funk Allen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,750
Interest Rate
6.37%

Purchase Details

Closed on
Sep 18, 2000
Sold by
Watkins Residential
Bought by
Whitehorn William A

Purchase Details

Closed on
Aug 30, 1999
Sold by
Watkins Thurmond E
Bought by
Watkins Residential

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.73%

Purchase Details

Closed on
Mar 23, 1968
Bought by
Watkins Thurmond E
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
G & J Investments $100,000 --
Funk Allen E $55,000 --
Whitehorn William A $170,000 --
Watkins Residential -- --
Watkins Thurmond E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watkins Thurmond E $64,750
Previous Owner Watkins Thurmond E $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2012 12/17/12 Sold $50,000 -16.0% $20 / Sq Ft
11/15/2012 11/15/12 Pending -- -- --
11/08/2012 11/08/12 For Sale $59,500 -- $23 / 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 $1,268 $50,040 $5,640 $44,400
2023 $1,268 $50,040 $5,640 $44,400
2022 $1,197 $36,480 $5,640 $30,840
2021 $1,197 $36,480 $5,640 $30,840
2020 $1,197 $36,480 $5,640 $30,840
2019 $1,311 $34,960 $5,640 $29,320
2018 $1,311 $34,960 $5,640 $29,320
2017 $1,311 $34,960 $5,640 $29,320
2016 $1,311 $34,960 $5,640 $29,320
2015 $1,310 $34,960 $5,640 $29,320
2014 $1,310 $34,972 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3259540

Memphis Area Association of REALTORS®

APN: 041I-A-004.00