Seller's Agent in 2014
Michelle Shelton
The Peyton Co., Inc., REALTORS
(901) 644-8285
24 Total Sales
247 Loon Ln Covington, TN 38019
Estimated Value: $194,000 - $305,000
4
Beds
2
Baths
2,400-2,599
Sq Ft
$98/Sq Ft
Est. Value
Highlights
- Updated Kitchen
- 2 Car Attached Garage
- Double Vanity
- Great Room
- Eat-In Kitchen
- Laundry Room
About This Home
As of December 2014Great 4 bedroom house sitting on over 1 acre lot. Large rooms and very open. 2 car attached garage with an additional 4 car garage/shop with power.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,344
Year Built
- Built in 1992
Lot Details
- 1.16 Acre Lot
- Level Lot
- Few Trees
Home Design
- Vinyl Siding
Interior Spaces
- 2,400-2,599 Sq Ft Home
- 2,534 Sq Ft Home
- 1-Story Property
- Great Room
- Dining Room
- Laundry Room
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Breakfast Bar
Flooring
- Partially Carpeted
- Tile
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
- Double Vanity
Parking
- 2 Car Attached Garage
- Workshop in Garage
- Side Facing Garage
- Garage Door Opener
Outdoor Features
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
Community Details
- Baskin Hgts Sec B Subdivision
Listing and Financial Details
- Assessor Parcel Number 018E 018K B02900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2014
Closed on
Dec 22, 2014
Sold by
Southern Specialty Properties
Bought by
Harms Rex M and C/O Acopia Llc
Seller's Agent
Bill Stewart
REMAX Experts
Buyer's Agent
Steve Solomon
Sowell, Realtors
List Price
$99,000
Sold Price
$86,000
Premium/Discount to List
-$13,000
-13.13%
Total Days on Market
150
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,577
Avg. Annual Appreciation
9.76%
Original Mortgage
$86,000
Outstanding Balance
$67,268
Interest Rate
4.03%
Mortgage Type
VA
Estimated Equity
$165,146
Purchase Details
Listed on
Apr 16, 2014
Closed on
Jun 13, 2014
Bought by
Southern Specialty Properties Llc Ste203
Seller's Agent
Michelle Shelton
The Peyton Co., Inc., REALTORS
Buyer's Agent
Bill Stewart
REMAX Experts
List Price
$99,630
Sold Price
$55,320
Premium/Discount to List
-$44,310
-44.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
129.90%
Original Mortgage
$49,788
Interest Rate
4.23%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 16, 2014
Closed on
Jun 9, 2014
Sold by
Secretary Of Housing And Urban
Bought by
Southern Specialty Properties
Seller's Agent
Michelle Shelton
The Peyton Co., Inc., REALTORS
Buyer's Agent
Bill Stewart
REMAX Experts
List Price
$99,630
Sold Price
$55,320
Premium/Discount to List
-$44,310
-44.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,788
Interest Rate
4.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 19, 2013
Bought by
Secretary Of Hud %Michaelson Conner & Boul
Purchase Details
Closed on
Aug 19, 2013
Sold by
Somerville John T
Bought by
Us Bank National Association S
Purchase Details
Closed on
Feb 23, 2012
Sold by
Somerville Rita D
Bought by
Somerville John T
Purchase Details
Closed on
Jul 8, 1994
Bought by
Morris Morris J and Morris Doris
Purchase Details
Closed on
Oct 25, 1991
Bought by
Mccommon Michael and Mccommon Nora
Purchase Details
Closed on
Feb 27, 1988
Bought by
Martha Baskin S and Martha Ann
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Harms Rex M | $86,000 | -- | |
| Southern Specialty Properties Llc Ste203 | $55,300 | -- | |
| Southern Specialty Properties | $55,320 | -- | |
| Secretary Of Hud %Michaelson Conner & Boul | $117,400 | -- | |
| Secretary Of The Dept Of Housi | $117,393 | -- | |
| Us Bank National Association S | $117,393 | -- | |
| Somerville John T | -- | -- | |
| Morris Morris J | -- | -- | |
| Mccommon Michael | -- | -- | |
| Martha Baskin S | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Harms Rex M | $86,000 | |
| Previous Owner | Martha Baskin S | $49,788 | |
| Previous Owner | Southern Specialty Properties | $49,788 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/22/2014 12/22/14 | Sold | $86,000 | -13.1% | $36 / Sq Ft |
| 11/28/2014 11/28/14 | Pending | -- | -- | -- |
| 07/01/2014 07/01/14 | For Sale | $99,000 | +79.0% | $41 / Sq Ft |
| 06/13/2014 06/13/14 | Sold | $55,320 | -44.5% | $23 / Sq Ft |
| 05/19/2014 05/19/14 | Pending | -- | -- | -- |
| 04/16/2014 04/16/14 | For Sale | $99,630 | -- | $42 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $1,344 | $53,000 | $4,250 | $48,750 |
| 2023 | $1,344 | $53,000 | $4,250 | $48,750 |
| 2022 | $1,218 | $37,100 | $3,125 | $33,975 |
| 2021 | $1,217 | $37,100 | $3,125 | $33,975 |
| 2020 | $1,218 | $37,100 | $3,125 | $33,975 |
| 2019 | $1,370 | $36,525 | $3,125 | $33,400 |
| 2018 | $1,370 | $36,525 | $3,125 | $33,400 |
| 2017 | $1,370 | $36,525 | $3,125 | $33,400 |
| 2016 | $1,370 | $36,525 | $3,125 | $33,400 |
| 2015 | $1,369 | $36,525 | $3,125 | $33,400 |
| 2014 | $1,369 | $36,529 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Shelton
-
Bill Stewart
Seller's Agent in 2014
Bill Stewart
RE/MAX
(901) 351-2355
54 Total Sales
-
R
Seller Co-Listing Agent in 2014
Reginald Peyton
The Peyton Co., Inc., REALTORS
-
Steve Solomon
Buyer's Agent in 2014
Steve Solomon
Sowell, Realtors
(901) 454-1931
15 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 9930494
APN: 018E-B-029.00
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