$40,000
SOLD DEC 28, 2012

The Atrium and Cottages at Lutheran Village 3589 Covington Pike Unit 218 Memphis, TN 38128

1 Bed
1 Bath
100-999 Sq Ft
1,830 Sq Ft Lot

Recently Sold

$40 Per Sq Ft

Highlights

  • Fitness Center
  • Traditional Architecture
  • Eat-In Kitchen
  • Clubhouse
  • Guest Suites
  • Courtyard

About This Home

As of July 2014

This home is located at 3589 Covington Pike Unit 218, Memphis, TN 38128 and is currently priced at $40,000, approximately $400 per square foot. This property was built in 1992. 3589 Covington Pike Unit 218 is a home located in Shelby County with nearby schools including Brownsville Rd Elementary School, Craigmont Middle School, and Craigmont High School.

Last Agent to Sell the Property

Tim Castor

Lutheran Village License #252581 Listed on: 12/13/2012

Last Buyer's Agent

Tim Castor

Lutheran Village License #252581 Listed on: 12/13/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $411

Year Built

  • Built in 1992

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 589 Sq Ft Home
  • Aluminum Window Frames

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Guest Parking
  • Parking Lot

Outdoor Features

  • Courtyard

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 087076 A00042

Community Details

Overview

  • Property has a Home Owners Association
  • $540 Maintenance Fee
  • Association fees include all utilities, water/sewer, trash collection, exterior maintenance, grounds maintenance
  • Mid-Rise Condominium
  • Luthern Village Condo Subdivision

Amenities

  • Clubhouse
  • Guest Suites
  • Laundry Facilities

Recreation

  • Fitness Center

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: Mid Rise (3-6 Stories)
  • MLS Map #: 733A
  • MAAR Subdivision Name: LUTHERAN VILLAGE CONDOMINIUMS
  • Condo: Yes
  • Price Per Sq Ft: 67.91
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 589
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Wall to Wall Carpet, Vinyl Floor
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher, Refrigerator, Cable Wired, Cable Available
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Exterior Windows: Aluminum Window(s)

Garage/Parking

  • Parking Storage: Gate Clickers, Parking Lot, Designated Guest Parking

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

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

Fee Information

  • Monthly Maintenance Fee: 540

Lot Info

  • Lot Number: UNIT 218
  • Lot Size: 589SF

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 087076 A00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2018
Sold by
Gary Wallace W and Gary Joyce L
Bought by
Verity Penny P
Current Estimated Value
$63,597

Purchase Details

Listed on
Mar 1, 2014
Closed on
Jul 11, 2014
Sold by
Nelson Eric A and Nelson Dededra B
Bought by
Gary Wallace W and Gary Joyce L
Seller's Agent
Tim Castor
Lutheran Village
Buyer's Agent
Tim Castor
Lutheran Village
List Price
$44,500
Sold Price
$40,000
Premium/Discount to List
-$4,500
-10.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%

Purchase Details

Listed on
Dec 13, 2012
Closed on
Dec 28, 2012
Sold by
Lutheran Village Investments 1 Llc
Bought by
Nelson Eric A and Nelson Dededra B
Seller's Agent
Tim Castor
Lutheran Village
Buyer's Agent
Tim Castor
Lutheran Village
List Price
$40,000
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Apr 1, 2005
Sold by
Ferguson Glenn
Bought by
Lutheran Village Investments I Llc

Purchase Details

Closed on
Mar 31, 2005
Sold by
Casebeer Steven William and Casebeer Alice
Bought by
Ferguson Glenn

Purchase Details

Closed on
Apr 7, 2003
Sold by
Luthern Church Extension Fund Mo Synod
Bought by
Casebeer Steven William and Casebeer Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
5.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 5, 1999
Sold by
Sanders Carl W
Bought by
Luthern Church Extension Fund

Purchase Details

Closed on
Aug 24, 1994
Bought by
Sanders Carl W
Source: Public Records

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Range of Values:

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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 $48,000 Edco Title & Closing Svcs In
Warranty Deed $40,000 Multiple
Warranty Deed $40,000 Multipel
Quit Claim Deed -- First American Title Ins Co
Warranty Deed $317,000 First American Title Company
Warranty Deed $825,000 First American Title Company
Trustee Deed $52,000 --
Deed $55,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $618,750 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2014 07/11/14 Sold $40,000 -10.1% $400 / Sq Ft
06/13/2014 06/13/14 Pending -- -- --
03/01/2014 03/01/14 For Sale $44,500 +11.3% $445 / Sq Ft
12/28/2012 12/28/12 Sold $40,000 0.0% $400 / Sq Ft
12/13/2012 12/13/12 Pending -- -- --
12/13/2012 12/13/12 For Sale $40,000 -- $400 / 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 $411 $15,000 $1,375 $13,625
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 $747 $12,125 $1,375 $10,750
2020 $759 $10,475 $1,250 $9,225
2019 $335 $10,475 $1,250 $9,225
2018 $335 $10,475 $1,250 $9,225
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 2014

    Tim Castor

    Lutheran Village

    (901) 385-7061

    21 in this area

    21 Total Sales

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About The Atrium and Cottages at Lutheran Village

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3261576

Memphis Area Association of REALTORS®

APN: 08-7076-A0-0042

Tennessee Shelby County Memphis 38128

3589 Covington Pike Unit 218, Memphis, TN

This home is located at 3589 Covington Pike Unit 218, Memphis, TN 38128 and is currently priced at $40,000, approximately $40 per square foot. This property was built in 1992. 3589 Covington Pike Unit 218 is a home located in Shelby County with nearby schools including Brownsville Rd Elementary School, Craigmont Middle School, and Craigmont High School.

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