NOT LISTED FOR SALE

The Atrium and Cottages at Lutheran Village 3589 Covington Pike Unit 114 Memphis, TN 38128

Estimated Value: $61,000 - $81,000

1 Bed
1 Bath
589 Sq Ft
1,742 Sq Ft Lot

Last Sold June 30, 2021

Last sale price $57,500 $98 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $411/month

22 Days on Market

Highlights

  • Fitness Center
  • Landscaped Professionally
  • Traditional Architecture
  • Gated Parking
  • Wooded Lot
  • Guest Suites

About This Home

As of June 2021

LV is an independent living condo for those 55 and older. Included in MSF are utilities, trash, cable, maid service, some meals, 24 hour security and maintenance, activities, landscaped property, gated, on site beauty/barber shop, activities, fitness center, library, walking trail.

Last Listed By

Tim Castor

Lutheran Village License #252581 Listed on: 05/20/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $411

Year Built

  • Built in 1992

Lot Details

  • Wrought Iron Fence
  • Landscaped Professionally
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Stucco Exterior

Interior Spaces

  • 589 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Storage Room
  • Laminate Flooring
  • Monitored
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Gated Parking
  • Parking Lot
  • Unassigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Patio
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 087076 A00014

Community Details

Overview

  • Property has a Home Owners Association
  • $637 Maintenance Fee
  • Association fees include all utilities, water/sewer, trash collection, exterior maintenance, grounds maintenance, parking, pest control contract
  • Mid-Rise Condominium
  • Luthern Village Condo Subdivision

Amenities

  • Guest Suites
  • Laundry Facilities

Recreation

  • Fitness Center

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$411

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat, Mid Rise (3-6 Stories)
  • Detached Unit Type: General Residential
  • MLS Map #: 733A
  • MAAR Subdivision Name: LUTHERAN VILLAGE CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 96
  • Number Of Stories: 1
  • Price Per Sq Ft: 97.62
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 589
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen
  • Other Rooms: Storage Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Patio, Wooded Grounds, Well Landscaped Grounds, Sidewalks, Iron Fence
  • Exterior Windows: Stucco, Aluminum Window(s), Storm Door(s)

Garage/Parking

  • Parking Storage: Gated Parking, Gate Clickers, Parking Lot, Unassigned Parking

Utilities

  • Cooling: Central
  • Heating: Electric Heat Pump
  • Security: Monitored Alarm System
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Condo Amenities: Exercise Room, Community Laundry, Guest Rm Available
  • Condo Fees Include: All Utilities, Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Parking, Pest Control Contract
  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 637

Lot Info

  • Lot Description: Wooded, Landscaped, Professionally Landscaped, Iron Fenced
  • Lot Number: UNIT 114
  • Acreage: 0.04
  • Lot Size: 589SF
  • Price Per Acre: 1412500

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 087076 A00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 29, 2021
Sold by
Pannell Mistina C
Bought by
Lewis Virgie K
Seller's Agent
Tim Castor
Lutheran Village
Buyer's Agent
Tim Castor
Lutheran Village
List Price
$56,500
Sold Price
$57,500
Premium/Discount to List
$1,000
1.77%
Total Days on Market
22
Current Estimated Value
$67,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,840
Avg. Annual Appreciation
2.57%

Purchase Details

Closed on
Dec 2, 2020
Sold by
Chocas Peggy N
Bought by
Pannell Mistina C

Purchase Details

Closed on
Jul 7, 2009
Sold by
Aven Trust
Bought by
Aven Christine R and Aven William Michael

Purchase Details

Closed on
Jan 18, 2007
Sold by
Mikesell Doris
Bought by
Chocas Peggy N

Purchase Details

Closed on
May 30, 2001
Sold by
Lundquist Mildred P and Mcgowan Linda L
Bought by
Mikesell Doris

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in Memphis, TN

  • 6200 Summer Hills Cir Unit 6, Memphis, TN 38134

    $65,000

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft
    • 6200 Summer Hills Cir
    • Unit 6
    • Memphis, TN

    Bring all offers!! Spacious, multi-level layout condo. Perfect for investment/tenant or first-time homeowner! Generous size bedrooms, 2 full baths, private fenced patio, 2-car carport. Come and check it out the potential for yourself! Seller is selling AS-IS. HVAC condenser unit 2023. Bring all offers!!

    Clarenda Hurd Keller Williams

    Section Image
  • 3978 Grahamdale Cir Unit 3978A, Memphis, TN 38122

    $75,000

    • 2 Beds
    • 2 Baths
    • 1,000+ Sq Ft
    • 3978 Grahamdale Cir
    • Unit 3978A
    • Memphis, TN

    Great community in a park-like setting. Unit has new roof, new siding, new windows, and new front and back fences. Well maintained! All appliances stay. Lovely inground pool right out back. Grahamwood school district. Both connecting units are owner occupied. Excellent location for shopping and restaurants. Easy access to interstate. Come check it out before it goes!

    Julie Henley Adaro Realty, Inc.

    Section Image
  • 3983 Grahamdale Cir Unit 3983B, Memphis, TN 38122

    $74,900

    • 2 Beds
    • 2 Baths
    • 1,000+ Sq Ft
    • 3983 Grahamdale Cir
    • Unit 3983B
    • Memphis, TN

    If you're looking for a practical and budget-friendly home in Memphis, this 2-bedroom, 2-bathroom townhome could be just the fit! It’s located in an established complex and offers dependable perks like exterior maintenance covered by the HOA and access to a community pool. Inside, the layout is functional with both bedrooms, laundry area and 1 bathroom upstairs and downstairs you will find the

    Jaime Ross Local Agency Realty Group

    Section Image
  • 3007 Walnut Grove Rd Unit 1, Memphis, TN 38111

    $68,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft
    • 3007 Walnut Grove Rd
    • Unit 1
    • Memphis, TN

    Recently updated 2 bedroom co-op (not a condo) apartment home conveniently located near Midtown Memphis. New flooring through most of the unit, updated kitchen with new appliances, new vanity in bath, and new light fixtures. Unit boasts gated parking, easy access to Sam Cooper Blvd, and the Greenline, and convenient one level living. Must see! (not a condo. most lenders will not lend on this type

    Linda Sowell Sowell, Realtors

    Section Image
  • 5652 Los Gatos Dr Unit 2, Memphis, TN 38115

    $72,000

    • 2 Beds
    • 1.5 Baths
    • 800+ Sq Ft
    • 5652 Los Gatos Dr
    • Unit 2
    • Memphis, TN

    Stunning Updated Condo - Move-In Ready! Discover this beautifully remodeled 2-bedroom 1.5 bath condo, featuring custom cabinets, quartz countertops, and essential appliances, including a stove, refrigerator and dishwasher. Enjoy a new 30-year roof, window treatments, and luxurious wood vinyl flooring. Relax on the screened-in balcony. Located near a picturesque golf course, this condo offers

    Emanuel Martinez KAIZEN Realty, LLC

    Section Image
  • 5722 Los Gatos Dr Unit 2, Memphis, TN 38115

    $69,900

    • 2 Beds
    • 2 Baths
    • 800+ Sq Ft
    • 5722 Los Gatos Dr
    • Unit 2
    • Memphis, TN

    Beautiful Updated Condo - Move-In Ready! Completely remodeled 2-bedroom and 2 full bathrooms condominium, vinyl flooring throughout, granite countertops, and appliances stay. Relax on the balcony facing the golf course, this condo offers fantastic amenities, including an in-ground pool and clubhouse, all within a-managed Homeowners Association (HOA). Schedule your private viewing today!

    Elizabeth Castillo BEST Real Estate Company

    Section Image
  • 3212 Thirteen Colony Mall Unit 3A, Memphis, TN 38115

    $68,000

    • 2 Beds
    • 2 Baths
    • 800+ Sq Ft
    • 3212 Thirteen Colony Mall
    • Unit 3A
    • Memphis, TN

    Close to amazing transit and great schools. This is a nice 2bd 2 bath. Great cash-flowing day1 savvy investment. Lease expires 07/15/25. Currency rents for $975. The property was fully renovated in 2021 with new kitchen appliances, fully renovated baths, new water heater, new luxury vinyl flooring, and fresh paint.

    Melody Freeman Kairos Realty

    Section Image
  • 3218 Thirteen Colony Mall Unit 1A, Memphis, TN 38115

    $70,000

    • 3 Beds
    • 2.5 Baths
    • 1,400+ Sq Ft
    • 3218 Thirteen Colony Mall
    • Unit 1A
    • Memphis, TN

    MULTIPLE PROPERTY PORTFOLIO CAN ONLY BE BOUGHT IN BULK, TOTAL PRICE IS 270K Three investment properties available. Seller is seeking bulk offers. 3218 Thirteen Colony Mall #1A -- 3 beds, 2.1 baths, currently vacant, recent repairs, in good condition, hoa is $225/mo. 1936 Frisco -- 3 beds, 1 bath, new roof and hvac in 2021, currently rented for $795/mo. lease is MTM. 3789 Fairoaks -- 4 beds, 1

    Tyler Tapley Crye-Leike, Inc., REALTORS

    Section Image
  • 4790 James Kent Ct, Memphis, TN 38118

    $68,000

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft
    • 4790 James Kent Ct
    • Memphis, TN

    Investors check out this rented 3 bedroom 2 bath condo. Currently rented for $1,000 a month. Please call listing agent for showings and do not disturb tenants. Owner is motivated to sell so bring all offers.

    Stephen Akindona Kairos Realty

    Section Image
See All Homes in Memphis

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
Lewis Virgie K $57,500 Edco Ttl & Closing Svcs Inc
Pannell Mistina C $52,500 Edco Ttl & Closing Svcs Inc
Aven Christine R -- None Available
Chocas Peggy N $53,000 Ct
Mikesell Doris $53,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $57,500 +1.8% $98 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $56,500 -- $96 / 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 $411 $12,125 $1,375 $10,750
2023 $739 $12,125 $1,375 $10,750
2022 $739 $12,125 $1,375 $10,750
2021 $418 $12,125 $1,375 $10,750
2020 $841 $11,600 $1,375 $10,225
2019 $371 $11,600 $1,375 $10,225
2018 $371 $11,600 $1,375 $10,225
2017 $379 $11,600 $1,375 $10,225
2016 $437 $10,000 $0 $0
2014 $437 $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Castor

    Seller's Agent in 2021

    Tim Castor

    Lutheran Village

    (901) 385-7061

    22 in this area

    22 Total Sales

    Tim Castor
    Section Image
See All Agents

About The Atrium and Cottages at Lutheran Village

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10099758

Memphis Area Association of REALTORS®

APN: 08-7076-A0-0014

Tennessee Shelby County Memphis 38128

3589 Covington Pike Unit 114, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 3589 Covington Pike Unit 114, Memphis, TN 38128 since 20 May 2021 and is currently estimated at $67,340, approximately $114 per square foot. This property was built in 1992. 3589 Covington Pike Unit 114 is a home located in Shelby County with nearby schools including Brownsville Rd Elementary School, Craigmont Middle School, and Craigmont High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes