$20,000
SOLD SEP 11, 2025

325 E Ripley Ave Covington, TN 38019

4 Beds
2 Baths
1,800-1,999 Sq Ft
0.31 Acres

Recently Sold

$10 Per Sq Ft

76% Below List Price

163 Days on Market

Highlights

  • Traditional Architecture
  • Partially Carpeted
  • 1-Story Property
  • Brick Veneer
  • Level Lot

About This Home

As of September 2025

Opportunity Knocks! Large 4 bed home in Covington that is being offered at a great price. Property is unsecured (please be careful when entering or existing the property). Home needs substantial improvements/repairs but could be worth a lot of money once fixed up. Could be a great primary residence or investment property. Ideal location near the new Ford plant (Blue Oval City in Stanton, TN). Cash offers only, no creative or owner financing, no assignments or wholesalers. Seller is also selling 2355 Cuba Millington, 1646 Foster, and 325 E. Ripley (in Covington).

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 03/12/2025

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 03/12/2025

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,890 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Listing and Financial Details

  • Assessor Parcel Number 025N 025N G00600

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: UNKNOWN
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1890
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Pantry

Exterior Features

  • Misc Exterior: Sidewalks
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: N1
  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Size: 83 X165 IRR.
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 025N 025N G00600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2025
Closed on
Sep 11, 2025
Sold by
Vansteenburgh Betty J and Betty J Rebhorn Revocable Living Trust
Bought by
Toprank901 Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$85,000
Sold Price
$20,000
Premium/Discount to List
-$65,000
-76.47%
Views
200
Current Estimated Value
$65,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,536
Avg. Annual Appreciation
4499.83%
Original Mortgage
$100,700
Outstanding Balance
$100,700
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
-$35,164

Purchase Details

Closed on
Mar 13, 2025
Sold by
100 Country Lane Llc
Bought by
Betty J Rebhorn Revocable Trust and Betty J Van Steenburgh Revocable Trust

Purchase Details

Closed on
Jul 28, 2022
Sold by
Montgomery and Lisa
Bought by
100 Country Lane Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,950
Interest Rate
5.7%
Mortgage Type
Construction

Purchase Details

Closed on
May 26, 2005
Sold by
David Rester
Bought by
Montgomery Troy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
8.88%

Purchase Details

Closed on
Apr 24, 1995
Bought by
Reinholt-Rester Peggy J

Purchase Details

Closed on
Jan 1, 1983
Bought by
Austill Feldman and Austill June

Purchase Details

Closed on
May 28, 1981

Purchase Details

Closed on
May 5, 1970

Purchase Details

Closed on
Jan 1, 1970
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $20,000 Integra Title
Deed In Lieu Of Foreclosure $15,000 None Listed On Document
Deed In Lieu Of Foreclosure $15,000 None Listed On Document
Warranty Deed -- Apperson Crump Plc
Deed $52,000 --
Warranty Deed $17,800 --
Warranty Deed $18,000 --
Deed -- --
Deed -- --
Warranty Deed $7,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,700 New Conventional
Previous Owner $112,950 Construction
Previous Owner $52,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2025 09/11/25 Sold $20,000 -49.9% $11 / Sq Ft
08/22/2025 08/22/25 Pending -- -- --
08/02/2025 08/02/25 Price Changed $39,900 -11.3% $22 / Sq Ft
06/18/2025 06/18/25 Price Changed $45,000 -18.2% $25 / Sq Ft
04/23/2025 04/23/25 Price Changed $55,000 -35.3% $31 / Sq Ft
03/12/2025 03/12/25 For Sale $85,000 -- $47 / 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 $0 $9,025 $0 $0
2024 $0 $9,025 $3,100 $5,925
2023 $228 $9,025 $3,100 $5,925
2022 $214 $6,525 $2,275 $4,250
2021 $535 $6,525 $2,275 $4,250
2020 $534 $16,300 $2,275 $14,025
2019 $599 $15,975 $2,275 $13,700
2018 $599 $15,975 $2,275 $13,700
2017 $599 $15,975 $2,275 $13,700
2016 $599 $15,975 $2,275 $13,700
2015 $599 $15,975 $2,275 $13,700
2014 $598 $15,972 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10191814

Memphis Area Association of REALTORS®

APN: 025N-G-006.00