$91,325
SOLD NOV 17, 2025

325 Baxter Ave Unit 327 Covington, TN 38019

4 Beds
3 Baths
1,702 Sq Ft
8,015 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

9% Below List Price

60 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Cooling Available
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Patio

About This Home

As of November 2025

CALLING ALL INVESTORS! This money making property is ready for a new owner. 325 Baxter (right side) has been rented by the same tenant for many years. 327 Baxter (left side) has been vacated and updated while empty. New flooring downstairs, fresh paint throughout and new tile work in downstairs bathroom. NEW ROOF put on in 2023. Call today to schedule a viewing of the vacant side. Occupied side can be shown once under contract, but has been updated and maintained.

Last Agent to Sell the Property

Kathryn McGowan

Covington Realty & Auction LLC License #335102 Listed on: 08/28/2025

Last Buyer's Agent

Samuel Malone

Epique Realty License #374712

Epique Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 50x160
  • Level Lot

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 1,702 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Separate Formal Living Room
  • Storm Doors
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range

Flooring

  • Partially Carpeted
  • Laminate

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window

Community Details

  • On Deed Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, lawn maintenance
  • Assessor Parcel Number 025N 025N H00600

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

8,015 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Single Family Conversion
  • Style: Traditional
  • Second Address Number: 327
  • MAAR Subdivision Name: ON DEED
  • Freestanding: Yes
  • Number Of Stories: 2
  • Estimated Sq Ft: 1702
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Sprayed Ceiling
  • Appliances Equipment: Range/Oven (Freestanding)

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Vinyl Siding, Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Display: N0
  • Parking: Driveway/Pad

Utilities

  • Cooling: Electric Cooling
  • Heating: Gas, Wall Heat

Lot Info

  • Lot Description: Level
  • Lot Size: 50X160
  • Geo Subdivision: TN

Rental Info

  • Tenants Pay: All Utilities, Lawn Maintenance
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 025N 025N H00600

Multi Family

  • Perc Occ: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2025
Closed on
Nov 17, 2025
Sold by
Bellan Brian W and Bellan Hillary H
Bought by
Ak Properties Llc
Seller's Agent
Kathryn McGowan
Covington Realty & Auction LLC
Buyer's Agent
Samuel Malone
Epique Realty
List Price
$99,900
Sold Price
$91,325
Premium/Discount to List
-$8,575
-8.58%
Views
65
Current Estimated Value
$92,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$839
Avg. Annual Appreciation
1.80%

Purchase Details

Closed on
Feb 24, 2022
Sold by
Smith Gerald Revocable Trust
Bought by
Bellan Brian and Bellan Hillary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2020
Sold by
Gordon Ruth
Bought by
Smith Edward Herbert and Smith Gloria Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
3.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 5, 2004
Bought by
Gordon David and Gordon Ruth

Purchase Details

Closed on
Mar 10, 2004
Sold by
Anderson James Etal & Trus
Bought by
Citifinancial Mortgage

Purchase Details

Closed on
Apr 19, 2000
Bought by
Sanders Charles and Anderson James

Purchase Details

Closed on
Sep 29, 1998
Bought by
Austill Bob

Purchase Details

Closed on
Oct 6, 1978
Bought by
Daugherty Timothy Ray

Purchase Details

Closed on
May 1, 1978

Purchase Details

Closed on
Sep 26, 1962
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $91,325 Medlock Title
Warranty Deed $640,000 Law Group Llp
Warranty Deed $30,000 None Available
Warranty Deed $29,900 --
Deed $37,900 --
Warranty Deed $59,900 --
Warranty Deed $20,000 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $48,000 New Conventional
Previous Owner $30,000 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2025 11/17/25 Sold $91,325 -8.6% $54 / Sq Ft
10/27/2025 10/27/25 Pending -- -- --
08/28/2025 08/28/25 For Sale $99,900 -- $59 / 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 -- $25,760 $2,680 $23,080
2024 -- $25,760 $2,680 $23,080
2023 $653 $25,760 $2,680 $23,080
2022 $614 $18,720 $2,680 $16,040
2021 $614 $18,720 $2,680 $16,040
2020 $614 $18,720 $2,680 $16,040
2019 $694 $18,520 $2,080 $16,440
2018 $694 $18,520 $2,080 $16,440
2017 $694 $18,520 $2,080 $16,440
2016 $694 $18,520 $2,080 $16,440
2015 $694 $18,520 $2,080 $16,440
2014 $693 $18,502 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10204484

Memphis Area Association of REALTORS®

APN: 025N-H-006.00

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