NOT LISTED FOR SALE

186 Melrose Rd Covington, TN 38019

Estimated Value: $146,000 - $180,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$140/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $93,500 $78 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $959/month

41 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • Porch
  • Wood Flooring
  • Some Wood Windows
  • Laundry Room

About This Home

As of August 2021

Great starter home or investment property.2 BR, 1 BA remodeled home with mature trees and fenced yard. Home has tile and hardwood flooring throughout, new cabinets, light fixtures, countertops, paint on the interior and exterior. Quite neighborhood.

Last Agent to Sell the Property

Pam Chandler-Kelley

RE/MAX Right Way License #233586 Listed on: 02/03/2020

RE/MAX Right Way

Last Buyer's Agent

Pam Chandler-Kelley

RE/MAX Right Way License #233586 Listed on: 02/03/2020

RE/MAX Right Way

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $536

Year Built

  • Built in 1986

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 109'x220'
  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,120 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Dishwasher
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Baskin Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 051M 051M A03200

Home Details

Home Type

Single Family

Est. Annual Taxes

$536

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Brighton Clopton
  • MLS Map #: 622C
  • MAAR Subdivision Name: BASKIN SEC A
  • List Price Per Sq Ft: 83
  • Number Of Stories: 1
  • Price Per Sq Ft: 83.48
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1120
  • Year Built: 1986
  • 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: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 1
  • Equipment: Dishwasher
  • Living Dining Kitchen: Separate Den
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Level, Chain Fenced
  • Lot Number: 5
  • Acreage: 0.55
  • Lot Size: 109'X220'
  • Price Per Acre: 170000

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 051M 051M A03200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Aug 27, 2021
Sold by
Davis Donald and Davis Billie
Bought by
Cagle Turner A
Seller's Agent
Pam Chandler-Kelley
RE/MAX Right Way
Buyer's Agent
Pam Chandler-Kelley
RE/MAX Right Way
List Price
$93,500
Sold Price
$93,500
Current Estimated Value
$167,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,238
Avg. Annual Appreciation
16.84%
Original Mortgage
$94,444
Outstanding Balance
$86,752
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$87,244

Purchase Details

Closed on
Sep 12, 2005
Sold by
Denise Mauldin
Bought by
Paul Mauldin

Purchase Details

Closed on
Aug 12, 1986
Bought by
Mauldin Paul M and Mauldin Denise
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
Cagle Turner A $93,500 None Available
Paul Mauldin -- --
Mauldin Paul M $2,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cagle Turner A $94,444
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2021 08/30/21 Sold $93,500 0.0% $94 / Sq Ft
03/15/2020 03/15/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $93,500 -- $94 / 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 $536 $35,200 $4,875 $30,325
2023 $536 $35,200 $4,875 $30,325
2022 $503 $24,675 $3,575 $21,100
2021 $503 $24,675 $3,575 $21,100
2020 $503 $24,675 $3,575 $21,100
2019 $457 $18,900 $2,750 $16,150
2018 $457 $18,900 $2,750 $16,150
2017 $457 $18,900 $2,750 $16,150
2016 $457 $18,900 $2,750 $16,150
2015 $457 $18,900 $2,750 $16,150
2014 $457 $18,889 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10070131

Memphis Area Association of REALTORS®

APN: 051M-A-032.00

Tennessee Tipton County Covington 38019

186 Melrose Rd, Covington, TN

This home is located at 186 Melrose Rd, Covington, TN 38019 since 03 February 2020 and is currently estimated at $167,738, approximately $139 per square foot. This property was built in 1986. 186 Melrose Rd is a home located in Tipton County with nearby schools including Crestview Elementary School, Crestview Middle School, and Covington High School.

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