NOT LISTED FOR SALE

2287 Highway 54 E Covington, TN 38019

Estimated Value: $108,000 - $179,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$107/Sq Ft Est. Value

Last Sold January 13, 2012

Last sale price $60,000 $43 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $819/month

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Separate Formal Living Room
  • Deck
  • Wood Flooring
  • Some Wood Windows

About This Home

As of January 2012

Nice home located in the county on beautiful lot. Home has just been repainted , new carpet , tile. Front porch and wonderful deck on back. Lots of privacy , huge trees. Vinyl siding. No city taxes. Minutes from Wal Mart. Come See Me!

Last Agent to Sell the Property

Debbie Watkins

Property Place License #210270 Listed on: 11/01/2011

Last Buyer's Agent

Laurie McClerkin

MidSouth Residential, LLC License #295389

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $369

Year Built

  • Built in 1955

Lot Details

  • 0.5 Acre Lot
  • Landscaped
  • Few Trees

Home Design

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

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,212 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Carport
  • Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 042 042 04600

Home Details

Home Type

Single Family

Est. Annual Taxes

$369

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 623D
  • Number Of Stories: 1
  • Price Per Sq Ft: 49.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1212
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Carpet
  • Bedroom 3 Description: Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Updated/Renovated Kitchen, Eat-In Kitchen
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Carpet

Exterior Features

  • Misc Exterior: Porch, Deck
  • Exterior Windows: Vinyl Siding, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1D
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Septic Tank

Lot Info

  • Lot Description: Some Trees, Landscaped
  • Acreage: 0.5
  • Lot Size: 105'X200 IRR

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 042 042 04600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2023
Sold by
Smith Gerald Revocable Trust
Bought by
Douglas Ira Adam and Douglas Ayrus Alayana
Current Estimated Value
$149,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,645
Outstanding Balance
$125,527
Interest Rate
7.76%
Mortgage Type
Credit Line Revolving
Estimated Equity
$23,609

Purchase Details

Closed on
Nov 10, 2017
Sold by
Smith Eddie Herbert
Bought by
Smith Eddie Herbert and Gerald Gertrude Gloria Trustee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2017
Sold by
Warren Kasey
Bought by
Gloria Smith Eddie Herbert and Gloria Gerald Gertrude

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2011
Closed on
Jan 13, 2012
Sold by
Venture Capital Properties
Bought by
Warren Kasey
Seller's Agent
Debbie Watkins
Property Place
Buyer's Agent
Laurie McClerkin
MidSouth Residential, LLC
List Price
$64,900
Sold Price
$60,000
Premium/Discount to List
-$4,900
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$58,479
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 2011
Sold by
Patrick Pete
Bought by
Venture Capital Properties Llc

Purchase Details

Closed on
Jul 14, 2009
Sold by
Virtrsse Young
Bought by
Patrick Pete

Purchase Details

Closed on
Jan 8, 2002
Sold by
Patrick Herschel S
Bought by
Pete Patrick and Pete Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
6.85%

Purchase Details

Closed on
Dec 4, 1954
Bought by
Patrick Hm and Patrick Thelma
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
Douglas Ira Adam $130,000 Edco Title & Closing Services
Smith Eddie Herbert -- --
Gloria Smith Eddie Herbert $53,000 --
Warren Kasey $60,000 --
Venture Capital Properties Llc $25,000 --
Patrick Pete -- --
Pete Patrick $42,000 --
Patrick Hm -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douglas Ira Adam $127,645
Previous Owner Gloria Smith Eddie Herbert $42,400
Previous Owner Warren Kasey $58,479
Previous Owner Patrick Hm $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2012 01/13/12 Sold $60,000 -7.6% $50 / Sq Ft
01/05/2012 01/05/12 Pending -- -- --
11/01/2011 11/01/11 For Sale $64,900 -- $54 / 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 $369 $24,225 $4,475 $19,750
2023 $250 $19,100 $4,475 $14,625
2022 $275 $13,475 $3,275 $10,200
2021 $269 $13,475 $3,275 $10,200
2020 $269 $13,175 $3,275 $9,900
2019 $269 $11,100 $2,900 $8,200
2018 $269 $11,100 $2,900 $8,200
2017 $269 $11,100 $2,900 $8,200
2016 $269 $11,100 $2,900 $8,200
2015 $268 $11,100 $2,900 $8,200
2014 $268 $11,098 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3235497

Memphis Area Association of REALTORS®

APN: 042-046.00