NOT LISTED FOR SALE

226 Melrose Rd Covington, TN 38019

Estimated Value: $227,000 - $255,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$151/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $165,000 $103 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,347/month

59 Days on Market

Highlights

  • New Construction
  • Traditional Architecture
  • Separate Formal Living Room
  • Vaulted Ceiling
  • Attic
  • Separate Outdoor Workshop

About This Home

As of August 2020

Beautiful new construction located on nice lot with trees. Plus 24x26 Shop. Maintenance free vinyl siding, double pane windows. Front porch, 2 car-carport. Nice size living room, wonderful eat-in kitchen with lots of cabinets, breakfast bar, stove, microwave vent- a -hood, dishwasher, french doors with blinds inside. Title floors that look like hardwood in all rooms except, carpet will be put in bedrooms. Master bedroom has walk-in closet & nice bath. Laundry room with pantry & closet.

Last Agent to Sell the Property

Debbie Watkins

Property Place License #210270 Listed on: 06/28/2020

Last Buyer's Agent

Debbie Watkins

Property Place License #210270 Listed on: 06/28/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $735

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 108 x 221
  • Level Lot
  • Few Trees

Home Design

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

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,250 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Separate Formal Living Room
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Carport
  • Workshop in Garage
  • Driveway

Outdoor Features

  • Separate Outdoor Workshop
  • Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • Baskin Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 051 M A 034.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$735

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Old Memphis
  • MLS Map #: 622C
  • MAAR Subdivision Name: Baskin Sec A
  • List Price Per Sq Ft: 132
  • Number Of Stories: 1
  • Price Per Sq Ft: 132
  • Prop Construction Status: New Construction (Never Occupied)
  • Estimated Sq Ft: 1250
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Vaulted/Coffered Primary, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Carpet, Smooth Ceiling
  • Bedroom 3 Description: Carpet, Smooth Ceiling
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Breakfast Bar, Pantry
  • Misc Interior: Pull Down Attic Stairs, Cat/Dog Free House, Vent Hood/Exhaust Fan
  • Other Rooms: Laundry Room, Attic
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Carpet, Full Bath, Smooth Ceiling, Walk-In Closet

Exterior Features

  • Misc Exterior: Porch, Workshop
  • Exterior Windows: Brick Veneer, Vinyl Siding, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad, Workshop(s)

Utilities

  • Cooling: Ceiling Fan(s), Central
  • Heating: Central
  • Water Sewer: Public Water

Lot Info

  • Lot Description: Some Trees, Level
  • Acreage: 0.55
  • Lot Size: 108 X 221
  • Price Per Acre: 300000

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 051 M A 034.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2020
Closed on
Aug 31, 2020
Sold by
Cromwell & Scott Llc
Bought by
Wright Michael K
Seller's Agent
Debbie Watkins
Property Place
Buyer's Agent
Debbie Watkins
Property Place
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$242,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,236
Avg. Annual Appreciation
7.53%
Original Mortgage
$162,011
Outstanding Balance
$145,397
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$91,113

Purchase Details

Closed on
Feb 12, 2007
Sold by
Stone Higgs & Drexler Pc
Bought by
Cromwell And Scott Llc

Purchase Details

Closed on
Sep 18, 2002
Sold by
Bob Austill
Bought by
Collins Charles E

Purchase Details

Closed on
Jul 17, 2000
Sold by
Cheri Morton
Bought by
Bob Austill

Purchase Details

Closed on
Mar 25, 1996
Sold by
Griggs Billy L
Bought by
Cheri Morton

Purchase Details

Closed on
Feb 1, 1991
Bought by
Griggs Billy L and Griggs Cheri

Purchase Details

Closed on
Jan 3, 1986
Bought by
Baskin S J
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
Wright Michael K $165,000 None Available
Cromwell And Scott Llc $31,001 --
Collins Charles E $50,000 --
Bob Austill $26,000 --
Cheri Morton -- --
Griggs Billy L $3,000 --
Baskin S J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Michael K $162,011
Previous Owner Cromwell & Scott Llc $55,000
Previous Owner Morton Billy M $14,680
Previous Owner Billy Morton $38,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $165,000 0.0% $118 / Sq Ft
06/28/2020 06/28/20 For Sale $165,000 -- $118 / 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 $735 $48,325 $4,875 $43,450
2023 $735 $48,325 $4,875 $43,450
2022 $695 $34,075 $3,575 $30,500
2021 $695 $34,075 $3,575 $30,500
2020 $360 $34,075 $3,575 $30,500
2019 $116 $4,775 $2,750 $2,025
2018 $116 $4,775 $2,750 $2,025
2017 $116 $4,775 $2,750 $2,025
2016 $330 $13,625 $2,750 $10,875
2015 $329 $13,625 $2,750 $10,875
2014 $330 $13,634 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10079658

Memphis Area Association of REALTORS®

APN: 051M-A-034.00