NOT LISTED FOR SALE

171 Wakefield Ln Covington, TN 38019

Estimated Value: $310,000 - $426,479

2 Beds
2 Baths
2,200-2,399 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $319,000 $133 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,106/month

38 Days on Market

Highlights

  • Lake On Lot
  • Deck
  • Traditional Architecture
  • Updated Kitchen
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of August 2020

6.86 acres of Country living at it's finest! Rockiing chairs & swing on the front porch that wraps around to the master bedroom; fish in the stocked pond, ride 4-wheelers, wood-work in the 37x25 workshop, store your tractors or toys in the 61x32 barn w/pen for goats or chickens! The view from your kitchen and den are FABULOUS! Two AC units; 2 hot water heaters; massive expandable for adding bath, bedroom or fabulous storage. 220 volt electrical for portable generator; way too much to list.

Last Agent to Sell the Property

Sherri Schmid

Groome & Co. License #277792 Listed on: 06/10/2020

Last Buyer's Agent

Sherri Schmid

Groome & Co. License #277792 Listed on: 06/10/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,393

Year Built

  • Built in 1999

Lot Details

  • 6.86 Acre Lot
  • Dog Run
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,203 Sq Ft Home
  • 1.5-Story Property
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Storage Room
  • Laundry Room
  • Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • Possible Extra Bedroom
  • Cedar Closet
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Storm Doors
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 2 Car Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Lake On Lot
  • Deck
  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Water Heater
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 024 024 03004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,393

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 623D
  • List Price Per Sq Ft: 145
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 144.8
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2203
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom
  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Carpet, Level 2, Walk-In Closet
  • Bedroom 3 Description: Carpet, Level 2
  • Bedrooms: 2
  • Bedrooms Down: 1
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Textured Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Double Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Satellite Dish
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Island In Kitchen
  • Misc Interior: All Window Treatments, Cedar Lined Closet(s), Walk-In Attic, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Internal Expansion Area, Attic
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Separate Shower, Tile Floor, Whirlpool Tub
  • P R I M A R Y B E D R O O M: Level 1, Tile Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Deck, Wood Fence, Chain Fence, Pet Area, Workshop
  • Exterior Windows: Vinyl Siding, Double Pane Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Storage Room(s), Workshop(s), Garage Door Opener(s), Side-Load Garage, Gate Clickers

Utilities

  • Cooling: Ceiling Fan(s), Central
  • Heating: Central, Gas
  • Water Sewer: 2+ Water Heaters, Public Water, Septic Tank

Lot Info

  • Lot Description: Some Trees, Lake/Pond on Property, Landscaped, Wood Fenced, Chain Fenced
  • Acreage: 6.86
  • Lot Size: 6.86 acres
  • Price Per Acre: 46501

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 024 024 03004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2021
Sold by
Copley Rhoda Joann and Eggert Nicholas
Bought by
Eggert Rhoda Joann and Eggert Nicholas
Current Estimated Value
$368,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,002
Outstanding Balance
$301,289
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$68,753

Purchase Details

Listed on
Jun 10, 2020
Closed on
Aug 2, 2020
Sold by
Neely Brian and Neely Alicia
Bought by
Copley Rhoda Joann
Seller's Agent
Sherri Schmid
Groome & Co.
Buyer's Agent
Sherri Schmid
Groome & Co.
List Price
$329,000
Sold Price
$319,000
Premium/Discount to List
-$10,000
-3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%
Original Mortgage
$330,484
Interest Rate
3%

Purchase Details

Listed on
Apr 10, 2019
Closed on
Jun 3, 2019
Sold by
Folkes Johnny R
Bought by
Neely Brian and Neely Alicia
Seller's Agent
Karen Reyes
Crye-Leike, Inc., REALTORS
Buyer's Agent
Sherri Schmid
Groome & Co.
List Price
$289,900
Sold Price
$280,000
Premium/Discount to List
-$9,900
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
Original Mortgage
$289,240
Interest Rate
4.1%
Mortgage Type
VA

Purchase Details

Listed on
Mar 23, 2018
Closed on
May 9, 2018
Sold by
Bringle Richard
Bought by
Folkes Johnny R and Folkes Joy F
Seller's Agent
Christine Christmas
Covington Realty & Auction LLC
Buyer's Agent
Karen Reyes
Crye-Leike, Inc., REALTORS
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Original Mortgage
$265,000
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Apr 30, 2015
Sold by
Bringle Karen
Bought by
Bringle Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,758
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 5, 1999
Sold by
Hyatt Williams Nelson
Bought by
Bringle Rick L

Purchase Details

Closed on
Apr 1, 1997
Bought by
Williams Nelson Hyatt and Williams Dianne M
Source: Public Records

Range of Values:

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Average Value
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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
Eggert Rhoda Joann -- Servicelink
Copley Rhoda Joann $319,000 Erickson Title & Closing Llc
Neely Brian $280,000 --
Folkes Johnny R $265,000 --
Bringle Richard -- --
Bringle Rick L $33,000 --
Williams Nelson Hyatt $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eggert Rhoda Joann $328,002
Closed Copley Rhoda Joann $330,484
Previous Owner Neely Brian $289,240
Previous Owner Folkes Johnny R $265,000
Previous Owner Bringle Richard $180,758
Previous Owner Bringle Rick L $145,506
Previous Owner Bringle Rick L $152,300
Previous Owner Bringle Rick L $147,000
Previous Owner Bringle Rick L $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $319,000 0.0% $145 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
06/20/2020 06/20/20 Price Changed $319,000 -3.0% $145 / Sq Ft
06/10/2020 06/10/20 For Sale $329,000 +17.5% $150 / Sq Ft
06/03/2019 06/03/19 Sold $280,000 -3.4% $140 / Sq Ft
05/24/2019 05/24/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $289,900 +9.4% $145 / Sq Ft
05/09/2018 05/09/18 Sold $265,000 0.0% $133 / Sq Ft
04/07/2018 04/07/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $265,000 -- $133 / 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 $1,393 $91,575 $15,850 $75,725
2023 $1,394 $91,575 $15,850 $75,725
2022 $1,328 $65,075 $11,650 $53,425
2021 $1,328 $65,075 $11,650 $53,425
2020 $1,264 $65,075 $11,650 $53,425
2019 $1,229 $50,800 $9,975 $40,825
2018 $1,229 $50,800 $9,975 $40,825
2017 $1,229 $50,800 $9,975 $40,825
2016 $1,229 $50,800 $9,975 $40,825
2015 $1,228 $50,800 $9,975 $40,825
2014 $1,282 $53,037 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10078262

Memphis Area Association of REALTORS®

APN: 024-030.04