NOT LISTED FOR SALE

2881 Highway 59 S Covington, TN 38019

Estimated Value: $550,000 - $570,248

5 Beds
4 Baths
3,600-3,799 Sq Ft
$148/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $182,000 $48 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $3,063/month

12 Days on Market

Highlights

  • Media Room
  • Traditional Architecture
  • Attic
  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • Covered Patio or Porch

About This Home

As of September 2016

Take a look inside this large brick home located on over 2 ac just outside city limits. With its large rooms, 2 fireplaces, hardwood & tile flooring you will have ample space all. 4 bedrooms downstairs and 1 large bedroom and media room with separate bath upstairs. Large formal living room and dining room add to the flow of this unique property. Rear yard is fenced and contains 25x30 workshop with 35x27 detached garage. Covered patio and grilling area are an added appeal. Call for appointment.

Last Agent to Sell the Property

Barbara Wilson

Unique Properties License #256452 Listed on: 08/11/2016

Last Buyer's Agent

Barbara Wilson

Unique Properties License #256452 Listed on: 08/11/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 2.15 Acre Lot
  • Brick Fence
  • Level Lot
  • Few Trees

Home Design

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

Interior Spaces

  • 3,600-3,799 Sq Ft Home
  • 3,625 Sq Ft Home
  • 1.5-Story Property
  • Built-in Bookshelves
  • Smooth Ceilings
  • Fireplace Features Masonry
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Media Room
  • Den with Fireplace
  • Storage Room
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Blalock Hwy 59 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050 050 06001

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

2.15 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: BLALOCK HWY 59
  • List Price Per Sq Ft: 50
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3625
  • Year Built: 1960
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 2 or More Baths, Laundry Room
  • Second Story Floor Plan: 4th or More Bedrooms, 1 Bath, Media Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Split Bedroom Plan, Renovated Bathroom, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 3600-3799
  • Bedroom 2 Description: Level 1, Shared Bath
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling
  • Bedroom 4 Description: Level 1, Shared Bath
  • Bedroom 5 Description: Level 2, Walk-In Closet, Private Full Bath, Built-In Cabinets/Bkcases, Smooth Ceiling
  • Bedrooms: 5
  • Bedrooms Down: 4
  • Fireplace: Masonry, In Living Room, In Den/Great Room
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 4
  • Equipment: Dishwasher, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Attic Access, Walk-In Attic
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Office/Sewing Room, Entry Hall, Attic, Storage Room
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: B-B-Q Pit, Porch, Covered Patio
  • Exterior Windows: Brick Veneer, Vinyl Siding, Double Pane Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Driveway/Pad, Workshop(s), Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Some Trees, Level, Brick/Stone Fenced
  • Lot Number: 1
  • Acreage: 2.15
  • Lot Size: 2.15 ac

Tax Info

  • Assessor Parcel Number: 050 050 06001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2016
Closed on
Aug 31, 2016
Sold by
Wilmington Savings Fund So
Bought by
Sorrell Ronald A and Sorrell Melissa A
Seller's Agent
Barbara Wilson
Unique Properties
Buyer's Agent
Barbara Wilson
Unique Properties
List Price
$181,000
Sold Price
$182,000
Premium/Discount to List
$1,000
0.55%
Current Estimated Value
$562,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,416
Avg. Annual Appreciation
12.78%
Original Mortgage
$136,500
Outstanding Balance
$108,248
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$454,168

Purchase Details

Listed on
Aug 11, 2016
Closed on
Aug 4, 2016
Sold by
Blalock Mary Elizabeth
Bought by
Nationstar Hecm Acquisition Trust
Seller's Agent
Barbara Wilson
Unique Properties
Buyer's Agent
Barbara Wilson
Unique Properties
List Price
$181,000
Sold Price
$182,000
Premium/Discount to List
$1,000
0.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Outstanding Balance
$108,248
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$454,168

Purchase Details

Closed on
May 25, 1993
Bought by
Gordon David W and Gordon Ruth A

Purchase Details

Closed on
Aug 9, 1979
Bought by
Gordon David W

Purchase Details

Closed on
Aug 25, 1978
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Sorrell Ronald A $182,000 --
Nationstar Hecm Acquisition Trust -- --
Wilmington Savings Fund Societ $181,000 --
Gordon David W -- --
Gordon David W -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorrell Ronald A $136,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $182,000 +0.6% $51 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $181,000 -- $50 / Sq Ft
Source: Memphis Area Association of REALTORS®

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
2025 $2,089 $137,275 $13,125 $124,150
2024 $2,089 $137,275 $13,125 $124,150
2023 $2,089 $137,275 $13,125 $124,150
2022 $1,998 $97,925 $9,650 $88,275
2021 $1,998 $97,925 $9,650 $88,275
2020 $1,997 $97,925 $9,650 $88,275
2019 $1,511 $62,450 $8,775 $53,675
2018 $471 $15,625 $8,775 $6,850
2017 $1,271 $52,500 $8,775 $43,725
2016 $1,271 $52,500 $8,775 $43,725
2015 $1,269 $52,500 $8,775 $43,725
2014 $1,269 $52,509 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9984029

Memphis Area Association of REALTORS®

APN: 050-060.01

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