NOT LISTED FOR SALE

1566 Oil Mill Rd Covington, TN 38019

Estimated Value: $133,000 - $196,611

3 Beds
1.5 Baths
1,000-1,199 Sq Ft
$130/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $130,000 $108 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $923/month

Highlights

  • Traditional Architecture
  • Porch
  • Central Heating and Cooling System
  • Wood Flooring
  • Eat-In Kitchen
  • Level Lot

About This Home

As of April 2024

This home is located at 1566 Oil Mill Rd, Covington, TN 38019 since 25 April 2024 and is currently estimated at $155,403, approximately $155 per square foot. This property was built in 1977. 1566 Oil Mill Rd is a home located in Tipton County with nearby schools including Crestview Elementary School, Crestview Middle School, and Covington High School.

Last Agent to Sell the Property

Landon Twisdale

Weichert, REALTORS-BenchMark License #369347 Listed on: 04/25/2024

Weichert, REALTORS-BenchMark

Last Buyer's Agent

Landon Twisdale

Weichert, REALTORS-BenchMark License #369347 Listed on: 04/25/2024

Weichert, REALTORS-BenchMark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $552

Year Built

  • Built in 1977

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 105 x230
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,141 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 025 025 01010

Home Details

Home Type

Single Family

Est. Annual Taxes

$552

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 623D
  • Number Of Stories: 1
  • Price Per Sq Ft: 113.94
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1141
  • Year Built: 1977
  • List Price/ Sq Ft: 114
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Acreage: 0.55
  • Lot Size: 105 X230
  • Price Per Acre: 236364

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 025 025 01010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Apr 26, 2024
Sold by
Bowie Gary Wilson and Mcconnell Daryl Wade
Bought by
Erwin Gil B
Seller's Agent
Landon Twisdale
Weichert, REALTORS-BenchMark
Buyer's Agent
Landon Twisdale
Weichert, REALTORS-BenchMark
List Price
$130,000
Sold Price
$130,000
Views
4
Current Estimated Value
$160,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,173
Avg. Annual Appreciation
9.73%
Original Mortgage
$90,000
Outstanding Balance
$89,143
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$57,398

Purchase Details

Listed on
Oct 12, 2017
Closed on
Jan 11, 2018
Sold by
Blevins Matthew
Bought by
Bowie Gary
Seller's Agent
Cheryl Rogers
REMAX Experts
Buyer's Agent
Lisa Uttz
MidSouth Residential, LLC
List Price
$109,900
Sold Price
$101,000
Premium/Discount to List
-$8,900
-8.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$99,170
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 30, 2013
Closed on
Jun 6, 2014
Sold by
Mcintosh Rosalind J Kinney
Bought by
Blevins Matthew E
Seller's Agent
Robert Morris
Property Place
Buyer's Agent
Laurie McClerkin
MidSouth Residential, LLC
List Price
$89,000
Sold Price
$75,000
Premium/Discount to List
-$14,000
-15.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$75,080
Interest Rate
4.28%
Mortgage Type
VA

Purchase Details

Listed on
Dec 30, 2013
Closed on
Apr 8, 2014
Sold by
Kinney Grover M
Bought by
Mcintosh Rosalind J Kinney
Seller's Agent
Robert Morris
Property Place
Buyer's Agent
Laurie McClerkin
MidSouth Residential, LLC
List Price
$89,000
Sold Price
$75,000
Premium/Discount to List
-$14,000
-15.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,080
Interest Rate
4.28%
Mortgage Type
VA

Purchase Details

Closed on
Aug 12, 1980
Bought by
Kinney Rosalind J

Purchase Details

Closed on
Feb 3, 1976

Purchase Details

Closed on
Jan 2, 1976

Purchase Details

Closed on
Jan 1, 1976
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
Erwin Gil B $130,000 None Listed On Document
Bowie Gary $101,000 --
Blevins Matthew E $75,000 --
Mcintosh Rosalind J Kinney -- --
Kinney Rosalind J -- --
-- -- --
-- $20,800 --
-- $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erwin Gil B $90,000
Previous Owner Bowie Gary $99,170
Previous Owner Blevins Matthew E $75,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $130,000 0.0% $130 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $130,000 +28.7% $130 / Sq Ft
01/11/2018 01/11/18 Sold $101,000 -8.1% $101 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
10/12/2017 10/12/17 For Sale $109,900 +46.5% $110 / Sq Ft
06/06/2014 06/06/14 Sold $75,000 -15.7% $75 / Sq Ft
06/06/2014 06/06/14 Pending -- -- --
12/30/2013 12/30/13 For Sale $89,000 -- $89 / 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 $552 $36,250 $4,200 $32,050
2023 $552 $36,250 $4,200 $32,050
2022 $518 $25,375 $3,100 $22,275
2021 $518 $25,375 $3,100 $22,275
2020 $517 $25,375 $3,100 $22,275
2019 $424 $17,525 $2,600 $14,925
2018 $424 $17,525 $2,600 $14,925
2017 $424 $17,525 $2,600 $14,925
2016 $424 $17,525 $2,600 $14,925
2015 $424 $17,525 $2,600 $14,925
2014 $423 $17,514 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10170936

Memphis Area Association of REALTORS®

APN: 025-010.10