NOT LISTED FOR SALE

2971 Terry Lane South Rd Covington, TN 38019

Estimated Value: $616,000 - $682,000

4 Beds
2.5 Baths
2,600-2,799 Sq Ft
$232/Sq Ft Est. Value

Last Sold September 25, 2012

Last sale price $275,000 $98 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $3,639/month

Highlights

  • Barn or Stable
  • Lake On Lot
  • Traditional Architecture
  • Greenhouse
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of September 2012

CONTRACT FAILED! DON'T MISS THIS ONE! This home has it all! Large bdrms-sunrm-cheifs kitchen-hdwood floors-outdoor kitchen-huge 40x30 shop for dad- 3 stall barn-stocked pond-3 car garge w/ storm shelter. All this on a beautiful 8+ acre lot all fenced!

Last Agent to Sell the Property

Wally Sisk

Crye-Leike, Inc., REALTORS License #260371 Listed on: 06/25/2012

Crye-Leike, Inc., REALTORS

Co-Listed By

Shelly Haywood

Crye-Leike, Inc., REALTORS License #310934

Last Buyer's Agent

Kaye Smith

Property Place License #218548

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,233

Year Built

  • Built in 2005

Lot Details

  • 8.88 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

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

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,794 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Two Story Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Sun or Florida Room
  • Screened Porch
  • Storage Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Partially Carpeted
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Attic

  • Attic Fan
  • Attic Access Panel
  • Pull Down Stairs to Attic

Home Security

  • Monitored
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Lake On Lot
  • Patio
  • Greenhouse
  • Outdoor Storage
  • Outdoor Gas Grill

Horse Facilities and Amenities

  • Barn or Stable

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Community Details

  • Byrd Property Subdivision

Listing and Financial Details

  • Assessor Parcel Number 108 108 01002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,233

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 622D
  • MAAR Subdivision Name: BYRD PROPERTY
  • Number Of Stories: 2
  • Price Per Sq Ft: 98.43
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2794
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room, Sun Room, Breakfast Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedroom 2 Description: Level 2, Walk-In Closet, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 2, Walk-In Closet, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Prefabricated, Ventless Gas Fireplace, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Concrete Floor, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling, Two Story Foyer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Cooktop, Gas Cooking, Dishwasher, Microwave, Cable Wired, Cable Available, Satellite Dish
  • Living Dining Kitchen: Separate Dining Room, Great Room, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: Excl Some Window Treatmnt, Walk-In Closet(s), Pull Down Attic Stairs, Attic Access, Walk-In Attic, Security System, Smoke Detector(s), Monitored Alarm
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Sun Room, Bonus Room, Entry Hall
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Smooth Ceiling

Exterior Features

  • Misc Exterior: Gas Grill, Storage Building, Porch, Screen Porch, Patio, Covered Patio, Barn/Stable, Greenhouse
  • Exterior Windows: Vinyl Siding, Aluminum Window(s), Double Pane Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Driveway/Pad, More than 3 Coverd Spaces, Storage Room(s), Workshop(s), Garage Door Opener(s)

Utilities

  • Cooling: Central, Attic Fan, Dual System, 220 Wiring
  • Heating: Central, Gas, Dual System
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Septic Tank

Lot Info

  • Lot Description: Some Trees, Level, Lake/Pond on Property, Landscaped, Wood Fenced, Chain Fenced
  • Lot Number: 2
  • Acreage: 8.88
  • Lot Size: 8.8

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 108 108 01002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2012
Closed on
Sep 25, 2012
Sold by
Hester Deborah Denise
Bought by
Gurley Steve and Gurley Heather
Seller's Agent
Wally Sisk
Crye-Leike, Inc., REALTORS
Buyer's Agent
Kaye Smith
Property Place
List Price
$269,900
Sold Price
$275,000
Premium/Discount to List
$5,100
1.89%
Current Estimated Value
$648,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,755
Avg. Annual Appreciation
6.80%
Original Mortgage
$270,019
Outstanding Balance
$184,674
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$464,081

Purchase Details

Closed on
Jan 10, 2012
Sold by
Hester Frank Ray
Bought by
Hester Deborah Denise

Purchase Details

Closed on
Oct 27, 2004
Sold by
Byrd Lewis M
Bought by
Hester Frank R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,062
Interest Rate
5.65%

Purchase Details

Closed on
Aug 22, 1986
Bought by
Byrd Lewis M and Byrd Joyce W
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
Gurley Steve $275,000 --
Hester Deborah Denise -- --
Hester Frank R $61,250 --
Byrd Lewis M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gurley Steve $270,019
Previous Owner Byrd Lewis M $52,062
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2012 09/25/12 Sold $275,000 +1.9% $106 / Sq Ft
08/22/2012 08/22/12 Pending -- -- --
06/25/2012 06/25/12 For Sale $269,900 -- $104 / 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 $2,233 $146,775 $28,450 $118,325
2023 $2,233 $146,775 $28,450 $118,325
2022 $2,116 $103,725 $20,925 $82,800
2021 $2,116 $103,725 $20,925 $82,800
2020 $2,115 $103,725 $20,925 $82,800
2019 $1,868 $77,200 $19,000 $58,200
2018 $1,868 $77,200 $19,000 $58,200
2017 $1,868 $77,200 $19,000 $58,200
2016 $1,868 $77,200 $19,000 $58,200
2015 $1,866 $77,200 $19,000 $58,200
2014 $1,866 $77,192 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3250525

Memphis Area Association of REALTORS®

APN: 108-010.02