NOT LISTED FOR SALE

2972 Terry Lane South Rd Covington, TN 38019

Estimated Value: $477,000 - $653,740

5 Beds
3 Baths
3,200-3,399 Sq Ft
$173/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $546,000 $161 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,313/month

3 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Whirlpool Bathtub
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Attic

About This Home

As of January 2024

Gorgeous lot w/5 acres. Perfect for an inground pool w/a large extended covered patio, 3 car garage, storm shelter, double door entry, office, 5 bedrooms, huge kitchen, eat-in area, formal dining room, great room w/fireplace, luxury primary bathroom, laundry room, large pantry, walk-in closets, walk-in attics w/tons of storage, extra parking, and so much more.

Last Agent to Sell the Property

Jessica Collier

Collier REALTORS License #292498 Listed on: 11/22/2023

Last Buyer's Agent

Naomi Ruth Redman

Collier REALTORS License #368235

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,383

Year Built

  • Built in 2016

Lot Details

  • 5 Acre Lot
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,200-3,399 Sq Ft Home
  • 3,241 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Burglar Security System
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 108 108 00705

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,383

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Hwy 14
  • MLS Map #: 622D
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 168.47
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3241
  • Termite Contract: Yes
  • Year Built: 2016
  • List Price/ Sq Ft: 168
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Office
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 3200-3399
  • Bedroom 2 Description: Carpet, Level 1, Smooth Ceiling
  • Bedroom 3 Description: Carpet, Shared Bath, Level 2, Smooth Ceiling, Walk-In Closet
  • Bedroom 4 Description: Carpet, Shared Bath, Level 2, Smooth Ceiling, Walk-In Closet
  • Bedroom 5 Description: Carpet, Level 2, Smooth Ceiling, Walk-In Closet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Masonry, Ventless Gas Fireplace, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 3
  • Equipment: Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Walk-In Attic, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall, Attic
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Smooth Ceiling, Separate Shower, Tile Floor, Whirlpool Tub
  • P R I M A R Y B E D R O O M: Carpet, Level 1, Smooth Ceiling, Vaulted/Coffered Ceiling, Walk-In Closet

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer
  • 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, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: 220 Wiring, Ceiling Fan(s), Central, Dual System
  • Heating: Central, Gas, Dual System
  • Security: Burglar Alarm, Dead Bolt Lock(s), Smoke Detector(s)
  • Water Sewer: Gas Water Heater, Public Water, Septic Tank

Lot Info

  • Lot Description: Some Trees, Level, Landscaped
  • Acreage: 5
  • Lot Size: 217800
  • Price Per Acre: 109200

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 108 108 00705

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2023
Closed on
Jan 31, 2024
Sold by
Barauskas William J
Bought by
Wolfe Gary W and Mack Sherry
Seller's Agent
Jessica Collier
Collier REALTORS
Buyer's Agent
Naomi Ruth Redman
Collier REALTORS
List Price
$546,000
Sold Price
$546,000
Views
52
Current Estimated Value
$587,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,185
Avg. Annual Appreciation
4.40%
Original Mortgage
$382,200
Outstanding Balance
$375,446
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$211,739

Purchase Details

Closed on
Mar 25, 2016
Sold by
D & D Customs Homes Llc
Bought by
Barauskas William J and Barauskas Nicole R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,620
Interest Rate
3.62%
Mortgage Type
VA

Purchase Details

Closed on
Aug 28, 2015
Sold by
Pinner Watkins Martha
Bought by
D & D Customs Homes Llc
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
Wolfe Gary W $546,000 None Listed On Document
Barauskas William J $351,620 --
D & D Customs Homes Llc $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolfe Gary W $382,200
Previous Owner Barauskas William J $351,620
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2024 01/31/24 Sold $546,000 0.0% $171 / Sq Ft
11/25/2023 11/25/23 Pending -- -- --
11/22/2023 11/22/23 For Sale $546,000 -- $171 / 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 $2,383 $156,625 $21,075 $135,550
2023 $2,383 $156,625 $21,075 $135,550
2022 $2,239 $109,750 $15,500 $94,250
2021 $2,239 $109,750 $15,500 $94,250
2020 $2,238 $109,750 $15,500 $94,250
2019 $2,052 $84,800 $14,100 $70,700
2018 $2,052 $84,800 $14,100 $70,700
2017 $2,052 $84,800 $14,100 $70,700
2016 $1,546 $84,800 $14,100 $70,700
2015 $341 $14,100 $14,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10162489

Memphis Area Association of REALTORS®

APN: 108-007.05