NOT LISTED FOR SALE

3156 Covington Pike Memphis, TN 38128

Estimated Value: $267,977 - $329,000

5 Beds
3 Baths
3,600-3,799 Sq Ft
$78/Sq Ft Est. Value

Last Sold April 07, 2015

Last sale price $160,000 $42 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,692/month

Highlights

  • Detached Guest House
  • Two Primary Bedrooms
  • Living Room with Fireplace
  • Barn or Stable
  • 4.52 Acre Lot
  • Wooded Lot

About This Home

As of April 2015

This is a lovely property with great potential for restoration or would be ideal for a host of other uses. The estate features a park-like setting full of mature oak, maple, dogwoods, tulip poplar trees and an abundance of flowering plants and shrubs. Home needs attention and some restoration as well as the cottage and barn, but has the potential to be a Southern Showplace. Enjoy the privacy afforded by the nearly eighty foot drive. Convenient to schools, shopping, medical and interstate.

Last Agent to Sell the Property

Gary Blume

eXp Realty License #50337 Listed on: 01/14/2015

eXp Realty

Last Buyer's Agent

Gary Blume

eXp Realty License #50337 Listed on: 01/14/2015

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,723

Year Built

  • Built in 1938

Lot Details

  • 4.52 Acre Lot
  • Wood Fence
  • Landscaped
  • Level Lot
  • Wooded Lot

Home Design

  • Williamsburg Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 3,600-3,799 Sq Ft Home
  • 3,250 Sq Ft Home
  • 1.5-Story Property
  • Popcorn or blown ceiling
  • Decorative Fireplace
  • Some Wood Windows
  • Window Treatments
  • Living Room with Fireplace
  • 3 Fireplaces
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room with Fireplace
  • Laundry Room
  • Attic

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Marble
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • Dressing Area
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 1 Car Attached Garage
  • Carport
  • Circular Driveway

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Detached Guest House
  • Barn or Stable

Community Details

  • Earl And Ida Martin Subdivision

Listing and Financial Details

  • Assessor Parcel Number 087051 00125

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,723

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Williamsburg
  • Detached Unit Type: General Residential
  • MLS Map #: 733B
  • MAAR Subdivision Name: Earl and Ida Martin Subdivision
  • List Price Per Sq Ft: 77
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 49.23
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3250
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Two Primaries, Double Vanity Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 3600-3799
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Carpet
  • Bedroom 5 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Presently Inoperative, Decorative Only, In Living Room, In Den/Great Room, In Other Room
  • Floors/Ceilings: Part Carpet, Marble/Terrazzo, Vinyl Floor, Sprayed Ceiling
  • Full Bathrooms: 3
  • Equipment: Double Oven, Disposal, Dishwasher, Refrigerator, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Walk-In Attic
  • Number Of Fireplaces: 3
  • Other Rooms: Laundry Room, Separate Guest House, Attic
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Dressing Area, Carpet
  • P R I M A R Y B E D R O O M: Walk-In Closet, Carpet

Exterior Features

  • Misc Exterior: Barn/Stable, Wood Fence
  • Exterior Windows: Wood/Composition, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad, Circular Drive

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Wooded, Level, Landscaped
  • Acreage: 4.52
  • Lot Size: 358.97/359.08 X 551.2/552.19
  • Price Per Acre: 55088

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: 087051 00125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2019
Sold by
Wahab Salam
Bought by
Skefos James
Current Estimated Value
$295,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$96,717
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$198,527

Purchase Details

Listed on
Jan 14, 2015
Closed on
Apr 6, 2015
Sold by
Leggett Mary Ann Martin and Martin Earl Lipscomb
Bought by
Wahar Salam
Seller's Agent
Gary Blume
eXp Realty
Buyer's Agent
Gary Blume
eXp Realty
List Price
$249,000
Sold Price
$160,000
Premium/Discount to List
-$89,000
-35.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Skefos James $110,000 None Available
Wahar Salam $160,000 None Available
Wahab Salam $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skefos James $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2015 04/07/15 Sold $160,000 -35.7% $44 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $249,000 -- $69 / 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
2025 $1,723 $66,425 $14,775 $51,650
2024 $1,723 $50,825 $13,600 $37,225
2023 $3,096 $50,825 $13,600 $37,225
2022 $3,096 $50,825 $13,600 $37,225
2021 $3,680 $50,825 $13,600 $37,225
2020 $3,625 $50,025 $13,600 $36,425
2019 $1,716 $53,700 $13,600 $40,100
2018 $1,716 $53,700 $13,600 $40,100
2017 $1,757 $53,700 $13,600 $40,100
2016 $2,186 $50,025 $0 $0
2014 $2,186 $50,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gary Blume

    Seller's Agent in 2015

    Gary Blume

    eXp Realty

    (901) 238-8006

    1 in this area

    3 Total Sales

    Gary Blume
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9943174

Memphis Area Association of REALTORS®

APN: 08-7051-0-0125

Tennessee Shelby County Memphis 38128

3156 Covington Pike, Memphis, TN

This home is located at 3156 Covington Pike, Memphis, TN 38128 since 14 January 2015 and is currently estimated at $295,244, approximately $77 per square foot. This property was built in 1938. 3156 Covington Pike is a home located in Shelby County with nearby schools including Brownsville Rd Elementary School, Craigmont Middle School, and Craigmont High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes