NOT LISTED FOR SALE

416 Lennanwood Ave Covington, TN 38019

Estimated Value: $115,000 - $180,000

3 Beds
2 Baths
1,000-1,199 Sq Ft
$127/Sq Ft Est. Value

Last Sold November 28, 2012

Last sale price $28,500 $24 Per Sq Ft

Est. 434% increase in value since last sale

Current estimated payment $830/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • 2 Car Attached Garage
  • Den
  • Porch
  • Central Heating and Cooling System

About This Home

As of November 2012

3 bedroom, 2 bath home also consisting of a living room, kitchen, CH&A and a 2 CCP on nice lot with rear fence. Must See!

Last Agent to Sell the Property

Randy Lankford

Lankford Realty Co. License #205520 Listed on: 10/10/2012

Last Buyer's Agent

Randy Lankford

Lankford Realty Co. License #205520 Listed on: 10/10/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $264

Year Built

  • Built in 1958

Lot Details

  • Lot Dimensions are 79.5'x132.1'x77'x132'
  • Few Trees

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,064 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Mclennan Payne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041G 041J I01900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$264

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • MLS Map #: 623C
  • MAAR Subdivision Name: MCLENNAN-PAYNE
  • Number Of Stories: 1
  • Price Per Sq Ft: 26.79
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1064
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Vinyl Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Den
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition, Wood Window(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 11
  • Lot Size: 79.5'X132.1'X77'X132'

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 041G 041J I01900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2012
Closed on
Nov 9, 2012
Sold by
Rebuildus Llc
Bought by
Geneva House Fund Ii Llc
Seller's Agent
Randy Lankford
Lankford Realty Co.
Buyer's Agent
Randy Lankford
Lankford Realty Co.
List Price
$30,000
Sold Price
$28,500
Premium/Discount to List
-$1,500
-5%
Current Estimated Value
$152,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,792
Avg. Annual Appreciation
12.97%

Purchase Details

Listed on
Oct 10, 2012
Closed on
Oct 31, 2012
Sold by
Geneva House Fund Ii Llc
Bought by
Witham James H
Seller's Agent
Randy Lankford
Lankford Realty Co.
Buyer's Agent
Randy Lankford
Lankford Realty Co.
List Price
$30,000
Sold Price
$28,500
Premium/Discount to List
-$1,500
-5%

Purchase Details

Closed on
Sep 6, 2012
Sold by
Deutsche Bank National Tru
Bought by
Rebuildus Llc

Purchase Details

Closed on
Feb 21, 2012
Sold by
Williams John Shay
Bought by
Deutsche Bank National Trust C and C/O Pmos Llc Etal

Purchase Details

Closed on
Oct 31, 2005
Sold by
Tommy Williams
Bought by
Williams John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
9.9%

Purchase Details

Closed on
Nov 23, 2004
Sold by
Gross Leonard T
Bought by
Williams John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.57%

Purchase Details

Closed on
Mar 16, 1994
Bought by
Mills Mills Y and Mills Ardella

Purchase Details

Closed on
Oct 11, 1991
Bought by
Cranford Ronald E and Hazelrig Brenda

Purchase Details

Closed on
Oct 3, 1957
Bought by
Cranford J E
Source: Public Records

Range of Values:

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Average Value
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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
Geneva House Fund Ii Llc -- --
Witham James H $28,500 --
Rebuildus Llc $18,980 --
Deutsche Bank National Trust C $57,000 --
Williams John S -- --
Williams John S $18,000 --
Mills Mills Y $47,000 --
Cranford Ronald E -- --
Cranford J E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Witham James H $28,500
Previous Owner Williams John S $60,000
Previous Owner Cranford J E $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2012 11/28/12 Sold $28,500 -5.0% $29 / Sq Ft
10/11/2012 10/11/12 Pending -- -- --
10/10/2012 10/10/12 For Sale $30,000 -- $30 / 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 $264 $20,550 $4,825 $15,725
2023 $264 $20,550 $4,825 $15,725
2022 $475 $14,475 $3,550 $10,925
2021 $475 $14,475 $3,550 $10,925
2020 $475 $14,475 $3,550 $10,925
2019 $437 $11,650 $2,750 $8,900
2018 $437 $11,650 $2,750 $8,900
2017 $437 $11,650 $2,750 $8,900
2016 $437 $11,650 $2,750 $8,900
2015 $437 $11,650 $2,750 $8,900
2014 $436 $11,632 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3257795

Memphis Area Association of REALTORS®

APN: 041G-I-019.00