NOT LISTED FOR SALE

1845 Highway 54 E Covington, TN 38019

Estimated Value: $168,000 - $186,574

3 Beds
1.5 Baths
1,400-1,599 Sq Ft
$113/Sq Ft Est. Value

Last Sold January 25, 2018

Last sale price $50,000 $31 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $1,022/month

69 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Laundry Room
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Dining Room

About This Home

As of January 2018

Nice home located in the county on aprox. 1beautiful acre with huge trees. 3 bedrooms and one and a half baths, living room, dining room are separated by french doors, nice eat in kitchen and laundry room. Storage shed. Home does have a central unit but, not working, owner installed 2 units in the windows that puts out heat and air. House needs some TLC but, great investment. Owner is selling As-Is due to health reasons. Call for appointment to see today!

Last Agent to Sell the Property

Debbie Watkins

Property Place License #210270 Listed on: 10/26/2017

Last Buyer's Agent

Debbie Watkins

Property Place License #210270 Listed on: 10/26/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $551

Year Built

  • Built in 1946

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,542 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Septic Tank

Community Details

  • Arnold Hwy 54 E Subdivision

Listing and Financial Details

  • Assessor Parcel Number 042 042 04302

Home Details

Home Type

Single Family

Est. Annual Taxes

$551

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Solo Road
  • MLS Map #: 623D
  • MAAR Subdivision Name: ARNOLD HWY 54 E
  • List Price Per Sq Ft: 42
  • Number Of Stories: 1
  • Price Per Sq Ft: 32.43
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1542
  • Year Built: 1946
  • 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
  • Floors/Ceilings: Part Carpet, Vinyl Floor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Vinyl Siding
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall Unit
  • Water Sewer: Electric Water Heater, Public Water, Septic Tank

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 1
  • Acreage: 1
  • Lot Size: aprox. 1 acre
  • Price Per Acre: 65000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 042 042 04302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2017
Closed on
Jan 24, 2018
Sold by
Thomas Cora Ann
Bought by
Blakely Jimmy and Blakely Rhonda
Seller's Agent
Debbie Watkins
Property Place
Buyer's Agent
Debbie Watkins
Property Place
List Price
$67,500
Sold Price
$50,000
Premium/Discount to List
-$17,500
-25.93%
Total Days on Market
69
Current Estimated Value
$180,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,644
Avg. Annual Appreciation
17.54%
Original Mortgage
$61,812
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 6, 2015
Closed on
Apr 20, 2015
Sold by
Jpmorgan Chase Bank National A
Bought by
Thomas Raymond C and Thomas Cora Ann
Seller's Agent
Steve Heathman
Hometown Realty
Buyer's Agent
Pamela Brewi
Five Star Real Estate Services
List Price
$59,440
Sold Price
$62,748
Premium/Discount to List
$3,308
5.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.87%

Purchase Details

Listed on
Mar 6, 2015
Closed on
Feb 25, 2015
Sold by
Valeri Robert J
Bought by
Jpmorgan Chase Bank National A
Seller's Agent
Steve Heathman
Hometown Realty
Buyer's Agent
Pamela Brewi
Five Star Real Estate Services
List Price
$59,440
Sold Price
$62,748
Premium/Discount to List
$3,308
5.57%

Purchase Details

Closed on
Feb 21, 2006
Sold by
Greer Monette R
Bought by
Valeri Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,680
Interest Rate
6.05%
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
Blakely Jimmy $50,000 --
Thomas Raymond C $62,748 --
Jpmorgan Chase Bank National A $59,440 --
Valeri Robert J $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Blakely Mikala R $62,228
Closed Blakely Jimmy $61,812
Previous Owner Thomas Raymond C $92,635
Previous Owner Valeri Robert J $85,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2018 01/25/18 Sold $50,000 -25.9% $36 / Sq Ft
01/03/2018 01/03/18 Pending -- -- --
10/26/2017 10/26/17 For Sale $67,500 +7.6% $48 / Sq Ft
04/20/2015 04/20/15 Sold $62,748 +5.6% $45 / Sq Ft
04/09/2015 04/09/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $59,440 -- $42 / 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 $551 $36,200 $5,950 $30,250
2023 $551 $36,200 $5,950 $30,250
2022 $545 $26,700 $4,375 $22,325
2021 $344 $26,700 $4,375 $22,325
2020 $344 $16,850 $4,375 $12,475
2019 $357 $14,750 $3,875 $10,875
2018 $357 $14,750 $3,875 $10,875
2017 $357 $14,750 $3,875 $10,875
2016 $357 $14,750 $3,875 $10,875
2015 $363 $15,000 $3,875 $11,125
2014 $363 $15,004 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10014376

Memphis Area Association of REALTORS®

APN: 042-043.02