NOT LISTED FOR SALE

2328 Covington Dr Morristown, TN 37814

Estimated Value: $290,000 - $506,000

3 Beds
2 Baths
2,055 Sq Ft
$169/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $223,500 $109 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,897/month

65 Days on Market

Highlights

  • RV Access or Parking
  • Cooling Available
  • Level Lot
  • 1 Car Attached Garage
  • Central Heating

About This Home

As of April 2021

This beautiful 3 bedroom 2 bathroom home is located close to Cherokee Lake. Two of the bedrooms are upstairs and one down. It comes complete with BBQ spot, an RV Parking pad and even a 30amp for the RV. The home has new floors, new windows, new microwave, Oven, new dishwasher, and an HVAC that was installed in August. NO REFRIGERATOR, but the Washer and Dryer remain! All of the things you don't want to do on a home have been done for you here. This home also boasts a RARE flat yard and is a short walk to the lake for enjoyment.

Last Agent to Sell the Property

KATHY OAKES

KW Johnson City License #293769 Listed on: 11/23/2020

Co-Listed By

JEFFREY OAKES

KW Johnson City License #339902

Last Buyer's Agent

Lauren Castle

Castle & Associates Real Estate License #268079

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $692

Year Built

  • Built in 1974

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Level Lot
  • Property is in good condition

Parking

  • 1 Car Attached Garage
  • Parking Pad
  • RV Access or Parking

Home Design

  • 2,055 Sq Ft Home
  • Split Foyer
  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Manley Elementary School
  • West View Middle School
  • Morristown West High School

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System
  • Septic Tank

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 023 003.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$692

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Directions: From Ingles on West nd, turn onto Kidwell's Ridge Rd to the end, turn right and an immediate right onto Covington. Home is on the left.
  • Prop. Type: Residential
  • Year Built: 1974
  • Garage Garage Spaces: 1
  • Property Sub Type: Single Family Residence
  • Co List Office Phone: 423-433-6500
  • Architectural Style: Split Foyer
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.46
  • General Property Description Zoning2: residential
  • General Property Description Elementary School3: Manley
  • General Property Description Middle School2: West View
  • General Property Description High School3: Morristown West
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 100X200
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2055.0
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 023 003.01
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • Style Split Foyer: Yes
  • RoofAsphalt: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: See Remarks
  • Has Basement: Full, Walk-Out Access
  • Flooring: See Remarks
  • Interior Amenities: See Remarks
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 885.0
  • General Property Description Baths - Full: 2
  • Basement:Walk-Out Access: Yes
  • Full Basement: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Asphalt
  • Exterior Features: See Remarks
  • Acres: 0.46
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Finish Brick4: Yes
  • Exterior Features:See Remarks23: Yes

Garage/Parking

  • Parking Features: RV Access/Parking, Attached, Parking Pad
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features:RV Parking: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Parking Pad: Yes

Utilities

  • Heating: Central
  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Manley
  • High School: Morristown West
  • Middle Or Junior School: West View

Lot Info

  • Zoning: residential
  • Lot Dimensions: 100X200
  • Lot Size Sq Ft: 20037.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 023 003.01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Apr 15, 2021
Sold by
Rhodes Lee G and Rhodes Vickie Harris
Bought by
Lancaster Zachary Clyde
Seller's Agent
KATHY OAKES
KW Johnson City
Buyer's Agent
Lauren Castle
Castle & Associates Real Estate
List Price
$224,900
Sold Price
$223,500
Premium/Discount to List
-$1,400
-0.62%
Current Estimated Value
$348,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,703
Avg. Annual Appreciation
10.10%
Original Mortgage
$225,757
Outstanding Balance
$203,831
Interest Rate
3%
Mortgage Type
USDA
Estimated Equity
$144,372

Purchase Details

Listed on
Mar 27, 2017
Closed on
May 11, 2017
Sold by
Crawford Michael C
Bought by
Rhodes Lee G and Rhodes Vickie Harris
Seller's Agent
ROBIN SMITH
RE/MAX Real Estate Ten West
Buyer's Agent
Rhonda Sams
RE/MAX Real Estate Ten West
List Price
$140,000
Sold Price
$136,000
Premium/Discount to List
-$4,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%
Original Mortgage
$108,800
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2012
Sold by
Keller Jimmy W
Bought by
Crawford Michael C and Crawford Amy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,244
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2005
Sold by
Smith Johnny C
Bought by
Keller Jimmy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,155
Interest Rate
5.66%

Purchase Details

Closed on
Apr 4, 1974
Bought by
Smith Johnny and Smith Janice
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lancaster Zachary Clyde $223,500 Colonial Title Group Inc
Rhodes Lee G $136,000 --
Crawford Michael C $110,000 --
Keller Jimmy W $114,900 --
Smith Johnny -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lancaster Zachary Clyde $225,757
Previous Owner Rhodes Lee G $108,800
Previous Owner Crawford Michael C $112,244
Previous Owner Smith Johnny $109,155
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2021 04/15/21 Sold $223,500 -0.6% $109 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
11/23/2020 11/23/20 For Sale $224,900 +65.4% $109 / Sq Ft
05/11/2017 05/11/17 Sold $136,000 -2.9% $66 / Sq Ft View Prior Sale
04/08/2017 04/08/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $140,000 -- $68 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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 $692 $35,150 $3,250 $31,900
2023 $692 $35,150 $0 $0
2022 $692 $35,150 $3,250 $31,900
2021 $692 $35,150 $3,250 $31,900
2020 $600 $30,475 $3,250 $27,225
2019 $586 $27,500 $3,250 $24,250
2018 $586 $27,500 $3,250 $24,250
2017 $586 $27,500 $3,250 $24,250
2016 $547 $27,500 $3,250 $24,250
2015 $509 $27,500 $3,250 $24,250
2014 -- $27,500 $3,250 $24,250
2013 -- $32,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9915802

Tennessee/Virginia Regional MLS

APN: 023-003.01