NOT LISTED FOR SALE

3231 Covington Pike Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $248,848 - $270,000

4 Beds
2 Baths
2,462 Sq Ft
$105/Sq Ft Est. Value

Last Sold July 25, 2018

Last sale price $64,000 $26 Per Sq Ft

Est. 305% increase in value since last sale

Current estimated payment $1,483/month

35 Days on Market

Highlights

  • In Ground Pool
  • 1 Fireplace
  • Central Heating and Cooling System
  • Traditional Architecture
  • No HOA
  • Carpet

About This Home

As of July 2018

Home is being sold in As-Is condition. Needs a lot of repairs. Cash buyers only.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 85 x 148.68

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,462 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Pad

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Raleigh Ridge Park Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 087053 A00015

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0.28 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1978
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Building Area Units: Square Feet
  • Living Area: 2462
  • Living Area Units: Square Feet

Exterior Features

  • Pool Features: In Ground
  • Pool Private: Yes
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached, Parking Pad
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size: 85 X 148.68
  • Lot Size Units: Acres
  • Parcel #: 087053 A00015
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2109
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2018
Closed on
Jul 20, 2018
Sold by
Home Buyers Express Llc
Bought by
Sanchez Gerardo
List Price
$79,900
Sold Price
$64,000
Premium/Discount to List
-$15,900
-19.9%
Current Estimated Value
$258,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,962
Avg. Annual Appreciation
19.99%

Purchase Details

Closed on
Apr 13, 2018
Sold by
Jones Pamela Jean
Bought by
Homeburyers Express Llc

Purchase Details

Closed on
Apr 4, 2005
Sold by
Johnson John W
Bought by
Jones Pamela Jean

Purchase Details

Closed on
Nov 23, 2001
Sold by
Johnson Brenda Kay
Bought by
Johnson John Wesley
Source: Public Records
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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
Sanchez Gerardo $64,000 Delta Title Services Llc
Homeburyers Express Llc $45,000 Delta Title Services Llc
Jones Pamela Jean $119,000 --
Johnson John Wesley $5,000 Security Title Company Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2018 07/25/18 Sold $64,000 -19.9% $26 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $79,900 -- $32 / Sq Ft
Source: Realtracs

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 $1,442 $66,075 $6,250 $59,825
2024 -- $42,525 $5,225 $37,300
2023 $2,590 $42,525 $5,225 $37,300
2022 $2,590 $42,525 $5,225 $37,300
2021 $1,154 $42,525 $5,225 $37,300
2020 $2,123 $29,300 $5,225 $24,075
2019 $936 $29,300 $5,225 $24,075
2018 $936 $29,300 $5,225 $24,075
2017 $959 $29,300 $5,225 $24,075
2016 $1,186 $27,150 $0 $0
2014 $1,186 $27,150 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 3027567

Realtracs

APN: 08-7053-A0-0015

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