NOT LISTED FOR SALE

2116 Bringle Rd Covington, TN 38019

Estimated Value: $171,000 - $294,000

2 Beds
1 Bath
100-999 Sq Ft
$235/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $100,000 $100 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $1,352/month

37 Days on Market

About This Home

As of March 2020

INVESTMENT OPPORTUNITY! This listing is for (3) rental houses and 11.09+/- acres. The addresses are: 2116, 2134 and 2154 Bringle Rd. This property can be purchased with MLS#10068006, which consists of (1) rental property on a 0.80+/- acre lot. The total rental income for the (4) houses currently is $2,155/month, with long-term tenants in place. The timber on this acreage is approx. 30 years old. The list price for the entire package is $208,000. Call to schedule your private showing!

Last Agent to Sell the Property

Kathryn McGowan

Covington Realty & Auction LLC License #335102 Listed on: 12/16/2019

Co-Listed By

Christine Christmas

Covington Realty & Auction LLC License #277979

Last Buyer's Agent

Scotty Cooper

Real Estate Mart of TN, Inc. License #351533

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $998

Year Built

  • Built in 1986

Lot Details

  • 11.09 Acre Lot

Interior Spaces

  • 100-999 Sq Ft Home
  • 780 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • On Deed Subdivision

Listing and Financial Details

  • Assessor Parcel Number 027 027 04805

Home Details

Home Type

Single Family

Est. Annual Taxes

$998

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 623B
  • MAAR Subdivision Name: ON DEED
  • List Price Per Sq Ft: 145
  • Number Of Stories: 1
  • Price Per Sq Ft: 128.21
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 780
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Lot Info

  • Acreage: 11.09
  • Lot Size: 11.06+/-
  • Price Per Acre: 10189

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 027 027 04805

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2021
Sold by
Graham Tracy L and Graham Tracy
Bought by
Home Sweet Home Property Llc
Current Estimated Value
$234,741

Purchase Details

Listed on
Dec 16, 2019
Closed on
Mar 6, 2020
Sold by
Kellum Ricy G and Kellum Mary J
Bought by
Graham Tracy
Seller's Agent
Kathryn McGowan
Covington Realty & Auction LLC
Buyer's Agent
Scotty Cooper
Real Estate Mart of TN, Inc.
List Price
$113,000
Sold Price
$100,000
Premium/Discount to List
-$13,000
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.78%
Original Mortgage
$75,000
Interest Rate
3.6%
Mortgage Type
Unknown
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
Home Sweet Home Property Llc -- None Available
Graham Tracy $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graham Tracy L $293,325
Previous Owner Graham Tracy $75,000
Previous Owner Kellum Ricky G $183,281
Previous Owner Kellum Ricky G $57,000
Previous Owner Kellum Ricky G $25,000
Previous Owner Kellum Ricky G $155,000
Previous Owner Kellum Ricky G $137,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $100,000 -11.5% $1,000 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
12/16/2019 12/16/19 For Sale $113,000 -- $1,130 / 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 $998 $65,600 $20,150 $45,450
2023 $0 $65,600 $20,150 $45,450
2022 $947 $46,425 $14,825 $31,600
2021 $947 $46,425 $14,825 $31,600
2020 $947 $46,425 $14,825 $31,600
2019 $857 $35,425 $12,700 $22,725
2018 $857 $35,425 $12,700 $22,725
2017 $857 $35,425 $12,700 $22,725
2016 $857 $35,425 $12,700 $22,725
2015 $856 $35,425 $12,700 $22,725
2014 $841 $34,776 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10068007

Memphis Area Association of REALTORS®

APN: 027-048.05