NOT LISTED FOR SALE

331 E Ripley Ave Covington, TN 38019

Estimated Value: $167,067 - $181,000

3 Beds
1.5 Baths
1,600-1,799 Sq Ft
$97/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $112,000 $62 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,019/month

55 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Porch
  • Wood Flooring
  • Corner Lot
  • Outdoor Storage

About This Home

As of October 2020

NICE, SPACIOUS, BRICK HOME WITH BEAUTIFUL HARDWOOD FLOORS. PREVIOUSLY USED AS RENTAL PROPERTY ($800/MO RENT), BUT WOULD MAKE A WONDERFUL HOME FOR SOMEONE, AS WELL. NEW ROOF AS OF AUGUST, 2020. LARGE CORNER LOT. LOTS OF ROOM FOR YOUR FAMILY. CALL TODAY!

Last Agent to Sell the Property

Christine Christmas

Covington Realty & Auction LLC License #277979 Listed on: 08/08/2020

Last Buyer's Agent

Christine Christmas

Covington Realty & Auction LLC License #277979 Listed on: 08/08/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $849

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 102 x 81
  • Corner Lot
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,623 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Oven or Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • See Deed. Subdivision

Listing and Financial Details

  • Assessor Parcel Number 025N 025N G00700

Home Details

Home Type

Single Family

Est. Annual Taxes

$849

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 623C
  • MAAR Subdivision Name: SEE DEED.
  • List Price Per Sq Ft: 71
  • Number Of Stories: 1
  • Price Per Sq Ft: 69.01
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1623
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Vinyl Floor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Master Bedroom: Level 1
  • Master Bedroom Dimensions: 15x13
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Storage Building, Porch
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Corner
  • Lot Size: 102 X 81

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 025N 025N G00700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
Oct 29, 2020
Sold by
Smith Edward Herbert and Smith Gloria Gerald
Bought by
Koleas Nancy M
Seller's Agent
Christine Christmas
Covington Realty & Auction LLC
Buyer's Agent
Christine Christmas
Covington Realty & Auction LLC
List Price
$115,000
Sold Price
$112,000
Premium/Discount to List
-$3,000
-2.61%
Current Estimated Value
$174,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,017
Avg. Annual Appreciation
9.61%
Original Mortgage
$43,000
Outstanding Balance
$38,698
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$135,319

Purchase Details

Closed on
Aug 20, 2018
Sold by
Flanagan Mike
Bought by
Smith Edward Herbert and Smith Gerald Rev Trust

Purchase Details

Listed on
Oct 26, 2012
Closed on
Jan 8, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Flanagan Mike
Seller's Agent
Shorty Watkins
River Oaks, Inc.
Buyer's Agent
Dan Hoffman
KAIZEN Realty, LLC
List Price
$44,900
Sold Price
$27,000
Premium/Discount to List
-$17,900
-39.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.95%
Original Mortgage
$40,000
Interest Rate
3.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 2012
Sold by
Glover Brooksie
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 27, 2004
Sold by
Brooksie Glover
Bought by
Brooksie Glover

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
5.92%

Purchase Details

Closed on
Jul 11, 2001
Sold by
Bennett Donna L
Bought by
Brooksie Glover

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,242
Interest Rate
7.16%

Purchase Details

Closed on
Aug 16, 1999
Sold by
Gary Bennett
Bought by
Donna Bennett

Purchase Details

Closed on
Sep 30, 1988
Bought by
Bennett Gary and Bennett Donna

Purchase Details

Closed on
Sep 27, 1956
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Koleas Nancy M $112,000 None Available
Smith Edward Herbert $63,000 --
Flanagan Mike $27,000 --
Federal Home Loan Mortgage Corporation $51,267 --
Brooksie Glover -- --
Brooksie Glover $70,000 --
Donna Bennett -- --
Bennett Gary $47,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koleas Nancy M $43,000
Previous Owner Flanagan Michael Todd $40,000
Previous Owner Not Available $53,000
Previous Owner Not Available $50,242
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $112,000 -2.6% $70 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $115,000 +325.9% $72 / Sq Ft
01/15/2013 01/15/13 Sold $27,000 -39.9% $17 / Sq Ft
12/31/2012 12/31/12 Pending -- -- --
10/26/2012 10/26/12 For Sale $44,900 -- $28 / 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
2024 $849 $33,500 $2,925 $30,575
2023 $849 $33,500 $2,925 $30,575
2022 $767 $23,400 $2,150 $21,250
2021 $768 $23,400 $2,150 $21,250
2020 $576 $17,550 $2,150 $15,400
2019 $595 $15,850 $2,150 $13,700
2018 $595 $15,850 $2,150 $13,700
2017 $595 $15,850 $2,150 $13,700
2016 $595 $15,850 $2,150 $13,700
2015 $594 $15,850 $2,150 $13,700
2014 $594 $15,862 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Christine Christmas

    Covington Realty & Auction LLC

    (901) 299-2204

    73 Total Sales

    Section Image

  • S

    Seller's Agent in 2013

    Shorty Watkins

    River Oaks, Inc.

    Section Image
  • Dan Hoffman

    Buyer's Agent in 2013

    Dan Hoffman

    KAIZEN Realty, LLC

    (901) 335-9119

    74 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10082377

Memphis Area Association of REALTORS®

APN: 025N-G-007.00

Tennessee Tipton County Covington 38019

331 E Ripley Ave, Covington, TN

This home is located at 331 E Ripley Ave, Covington, TN 38019 since 08 August 2020 and is currently estimated at $174,017, approximately $96 per square foot. This property was built in 1956. 331 E Ripley Ave is a home located in Tipton County with nearby schools including Crestview Elementary School, Crestview Middle School, and Covington High School.

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