NOT LISTED FOR SALE

1602 S College St Covington, TN 38019

Covington Area

Estimated Value: $55,561 - $183,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$65/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2022

Last sale price $16,000 $10 Per Sq Ft

Est. 646% increase in value since last sale

Current estimated payment $778 / mo

15 Days on Market

Highlights

  • Outdoor Storage
  • Level Lot
  • 1-Story Property

About This Home

As of June 2022

GOOD INVESTMENT OPPORTUNITY. HOME NEEDS MAJOR WORK. FLOOR HAS BEEN PARTIALLY TORN OUT. USE CAUTION WHEN SHOWING. PICTURE OF INSIDE COMING. HOME SELLING AS IS. CASH BUYER ONLY.

Last Agent to Sell the Property

Ali Spoon

Covington Realty & Auction LLC License #363231 Listed on: 05/17/2022

Last Buyer's Agent

Ali Spoon

Covington Realty & Auction LLC License #363231 Listed on: 05/17/2022

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 8,189

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,566 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Outdoor Storage
  • Level Lot

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

8,189 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • List Price Per Sq Ft: 19
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1566
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Vinyl Siding

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Jul 20, 2022
Sold by
Roger Gatlin
Bought by
Seller's Agent
Ali Spoon
Covington Realty & Auction LLC
Buyer's Agent
Ali Spoon
Covington Realty & Auction LLC
List Price
$30,000
Sold Price
$16,000
Premium/Discount to List
-$14,000
-46.67%
Current Estimated Value
$119,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,333
Avg. Annual Appreciation
56.28%

Purchase Details

Closed on
Aug 15, 2005
Sold by
Phelps Donald V
Bought by
Roger Gatlin

Purchase Details

Closed on
Jan 8, 2001
Sold by
Don Phelps
Bought by
Dale Gatlin Roger

Purchase Details

Closed on
Feb 15, 1999
Sold by
Hughey
Bought by
Don Phelps

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,677
Interest Rate
6.84%

Purchase Details

Closed on
May 6, 1982
Bought by
Hughey

Purchase Details

Closed on
Jan 19, 1980

Purchase Details

Closed on
Jan 1, 1973

Purchase Details

Closed on
Jan 1, 1972

Purchase Details

Closed on
Jan 1, 1971
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$16,000 None Listed On Document
Roger Gatlin -- --
Dale Gatlin Roger -- --
Don Phelps $21,500 --
Hughey -- --
-- -- --
-- $5,500 --
-- $5,000 --
-- $4,800 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $87,000
Previous Owner Don Phelps $18,677
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $16,000 -46.7% $11 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $30,000 -- $21 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- $6,575 $2,925 $3,650
2024 -- $6,575 $2,925 $3,650
2023 $167 $6,575 $2,925 $3,650
2022 $315 $9,600 $2,150 $7,450
2021 $395 $9,600 $2,150 $7,450
2020 $396 $12,050 $2,150 $9,900
2019 $345 $9,200 $1,650 $7,550
2018 $345 $9,200 $1,650 $7,550
2017 $345 $9,200 $1,650 $7,550
2016 $345 $9,200 $1,650 $7,550
2015 $345 $9,200 $1,650 $7,550
2014 $345 $9,195 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10124148

Memphis Area Association of REALTORS®

APN: 041O-D-005.00

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