NOT LISTED FOR SALE

1550 Murphy Ave Covington, TN 38019

Estimated Value: $219,000 - $268,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$134/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $248,000 $138 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,494/month

22 Days on Market

Highlights

  • Spa
  • Deck
  • Main Floor Primary Bedroom
  • Two Primary Bathrooms
  • Wood Flooring
  • Attic

About This Home

As of April 2023

Welcome Home to Covington. Enjoy your morning coffee on the front porch or on the large back deck and in the evening relax in the hot tub. There's plenty of room as well to entertain guests in the living room adorned with a vaulted ceiling and a gas fireplace. The finished attic is large enough for just storage or can be made into an extra room. The roof, HVAC, and water heater are all less than 7 years old. You don't want to miss this gem lovingly built and maintained by one owner!

Last Agent to Sell the Property

Olivia Kirby

Unique Properties License #354454 Listed on: 03/19/2023

Last Buyer's Agent

Amy Helms

Weichert, REALTORS-BenchMark License #360401

Weichert, REALTORS-BenchMark

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 1.6 Acre Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Split Level Home
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,774 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Loft
  • Storage Room
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Two Primary Bathrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 025 025 01805

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Split Level
  • Detached Unit Type: General Residential
  • List Price Per Sq Ft: 140
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1774
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Split Bedroom Plan, 2 Full Primary Baths, Full Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 2, Private Full Bath, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 2
  • Fireplace: Ventless Gas Fireplace, In Living Room, Gas Logs
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Cable Available
  • Living Dining Kitchen: Eat-In Kitchen
  • Misc Interior: Attic Access, Walk-In Attic, Cat/Dog Free House, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Loft/Balcony, Attic
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Deck, Hot Tub
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Security: Smoke Detector(s)
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Some Trees
  • Acreage: 1.6
  • Lot Size: 1.6

Tax Info

  • Assessor Parcel Number: 025 025 01805

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2023
Closed on
Apr 28, 2023
Sold by
Wright James Barry and Wright Bonnie S
Bought by
Young James M and Pruett Alasandra J
Seller's Agent
Olivia Kirby
Unique Properties
Buyer's Agent
Amy Helms
Weichert, REALTORS-BenchMark
List Price
$248,000
Sold Price
$248,000
Views
222
Current Estimated Value
$240,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,174
Avg. Annual Appreciation
-1.06%
Original Mortgage
$250,505
Outstanding Balance
$242,772
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
-$1,946

Purchase Details

Closed on
May 19, 1987
Bought by
Wright James Barry and Wright Bonnie

Purchase Details

Closed on
Mar 15, 1983
Bought by
Wright James Barry and Wright Bonnie

Purchase Details

Closed on
Apr 26, 1982
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Young James M $248,000 Saddle Creek Title
Young James M $248,000 Saddle Creek Title
Wright James Barry $59,700 --
Wright James Barry -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young James M $250,505
Closed Young James M $250,505
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $248,000 0.0% $155 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
03/19/2023 03/19/23 For Sale $248,000 -- $155 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 -- $40,450 $9,775 $30,675
2024 -- $40,450 $9,775 $30,675
2023 $881 $40,450 $9,775 $30,675
2022 $807 $24,600 $7,200 $17,400
2021 $807 $24,600 $7,200 $17,400
2020 $807 $24,600 $7,200 $17,400
2019 $891 $23,775 $6,575 $17,200
2018 $891 $23,775 $6,575 $17,200
2017 $891 $23,775 $6,575 $17,200
2016 $891 $23,775 $6,575 $17,200
2015 $891 $23,775 $6,575 $17,200
2014 $877 $23,419 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10144066

Memphis Area Association of REALTORS®

APN: 025-018.05