NOT LISTED FOR SALE

376 Fairway Dr Covington, TN 38019

Estimated Value: $423,000 - $544,000

3 Beds
2.5 Baths
2,400-2,599 Sq Ft
$184/Sq Ft Est. Value

Last Sold September 08, 2016

Last sale price $287,000 $110 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,895/month

46 Days on Market

Highlights

  • Updated Kitchen
  • Fireplace in Hearth Room
  • Traditional Architecture
  • Landscaped Professionally
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of September 2016

This custom built home has all the amenities you could be looking for. Open floor plan includes office, formal dining, hearth room, large great room,2 fireplaces, beautiful hardwood and a gracious entry leading to it all. The chefs kitchen features granite and stainless. The lighting and crown molding in this home with coffered ceilings add an exquisite look. Room for more in the expandable upstairs!!! Come take a look inside of this prestigious home!!

Last Agent to Sell the Property

Barbara Wilson

Unique Properties License #256452 Listed on: 06/13/2016

Last Buyer's Agent

Ryan Whiteside

Lankford Realty Co. License #299975

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,076

Year Built

  • Built in 2014

Lot Details

  • 0.47 Acre Lot
  • Landscaped Professionally
  • Level Lot
  • Few Trees

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,474 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den with Fireplace
  • 2 Fireplaces
  • Storage Room
  • Permanent Attic Stairs

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dressing Area
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Cove
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Fairway Est Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 050L 023.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,076

Year Built

Built in 2014

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Hwy 59
  • MLS Map #: 623C
  • MAAR Subdivision Name: Fairway Est Sec B
  • List Price Per Sq Ft: 123
  • Number Of Stories: 1
  • Price Per Sq Ft: 116.01
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2474
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room, Office
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room, In Keeping/Hearth room, Gas Logs, Glass Doors
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Misc Interior: Excl Some Window Treatmnt, Walk-In Closet(s), Permanent Attic Stairs, Walk-In Attic
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Entry Hall, Attic, Storage Room
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Dressing Area, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Patio, Covered Patio
  • Exterior Windows: Brick Veneer, Vinyl Siding, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 100
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Cove, Professionally Landscaped
  • Lot Number: 0162
  • Acreage: 0.47
  • Keeping Hearth Dimension: 12x10
  • Lot Size: .47 ac
  • Price Per Acre: 648936

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 050L 023.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Sep 8, 2016
Sold by
Gerregano William A
Bought by
Decker Michael and Vennokotter Kelly
Seller's Agent
Barbara Wilson
Unique Properties
Buyer's Agent
Ryan Whiteside
Lankford Realty Co.
List Price
$315,000
Sold Price
$287,000
Premium/Discount to List
-$28,000
-8.89%
Current Estimated Value
$480,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,667
Avg. Annual Appreciation
5.78%
Original Mortgage
$225,600
Outstanding Balance
$182,737
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$291,246

Purchase Details

Closed on
Oct 23, 2014
Sold by
Apex Home Builders Llc
Bought by
Gerregano Wiliam A and Gerregano Donna B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,793
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 2014
Bought by
Apex Home Builders Llc

Purchase Details

Closed on
Jul 8, 2009
Bought by
Apc Investments Llc

Purchase Details

Closed on
May 9, 2007
Bought by
Southern Custom Home Builders Llc
Source: Public Records

Range of Values:

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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
Decker Michael $287,000 --
Gerregano Wiliam A $283,829 --
Apex Home Builders Llc $40,000 --
Apc Investments Llc $513,000 --
Southern Custom Home Builders Llc $1,684,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Decker Michael W $100,000
Open Decker Michael $225,600
Previous Owner Gerregano Wiliam A $274,581
Previous Owner Gerregano Wiliam A $275,793
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2016 09/08/16 Sold $287,000 -8.9% $120 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $315,000 -- $131 / 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 $3,076 $121,350 $13,600 $107,750
2023 $3,076 $121,350 $13,600 $107,750
2022 $2,786 $84,925 $10,000 $74,925
2021 $2,787 $84,925 $10,000 $74,925
2020 $2,786 $84,925 $10,000 $74,925
2019 $2,776 $74,025 $9,875 $64,150
2018 $2,776 $74,025 $9,875 $64,150
2017 $2,776 $74,025 $9,875 $64,150
2016 $2,776 $74,025 $9,875 $64,150
2015 $2,774 $74,025 $9,875 $64,150
2014 $2,774 $74,031 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9979762

Memphis Area Association of REALTORS®

APN: 050L-B-023.00