Seller's Agent in 2025
Tyler Tapley
Crye-Leike, Inc., REALTORS
(901) 871-1290
1,178 Total Sales
325 E Ripley Ave Covington, TN 38019
4
Beds
2
Baths
1,800-1,999
Sq Ft
0.31
Acres
Highlights
- Traditional Architecture
- Partially Carpeted
- 1-Story Property
- Brick Veneer
- Level Lot
About This Home
As of September 2025Opportunity 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
Crye-Leike, Inc., REALTORS License #296080 Listed on: 03/12/2025
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
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
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
3981.14%
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
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
Average Home Value in this Area
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
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
-
Tyler Tapley
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10191814
APN: 025N-G-006.00
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