NOT LISTED FOR SALE

4571 Highway 54 E Covington, TN 38019

Estimated Value: $231,591 - $321,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$130/Sq Ft Est. Value

Last Sold October 28, 2015

Last sale price $89,900 $45 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $1,408/month

26 Days on Market

Highlights

  • Deck
  • Balcony
  • Porch
  • Traditional Architecture
  • Separate Outdoor Workshop
  • 2 Car Attached Garage

About This Home

As of October 2015

Cozy home located on one of Tipton County finest lots with huge trees. This 3 bedroom 2 bath home has a large den with vaulted ceilings and big kitchen with breakfast bar. Down stairs has nice wood laminate and tile flooring. Beautiful stairway with open area to the second floor. Up stairs bedroom has a balcony. then wonderful bath with Jacuzzi tub. Laundry area in bathroom. 3rd bedroom has private deck with it's own entrance. 2 car garage plus 16x16 shop w/electricity. Central heat and air.

Last Agent to Sell the Property

Debbie Watkins

Property Place License #210270 Listed on: 08/26/2015

Co-Listed By

Chad Smith

Property Place License #261465

Last Buyer's Agent

Debbie Watkins

Property Place License #210270 Listed on: 08/26/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 175'x250'
  • Chain Link Fence
  • Few Trees

Home Design

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

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 2,159 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Iron Doors

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Side Facing Garage
  • Driveway

Outdoor Features

  • Balcony
  • Deck
  • Separate Outdoor Workshop
  • Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 043 043 04302

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

1 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: unknown
  • List Price Per Sq Ft: 46
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2159
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 2
  • Bedroom 3 Description: Level 2
  • Bedrooms: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Eat-In Kitchen, Breakfast Bar
  • P R I M A R Y B E D R O O M: Level 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Deck, Balcony, Chain Fence, Workshop
  • Exterior Windows: 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, Workshop(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Water Sewer: Public Water, Septic Tank

Lot Info

  • Lot Description: Some Trees, Chain Fenced
  • Acreage: 1
  • Lot Size: 175'X250'

Tax Info

  • Assessor Parcel Number: 043 043 04302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2015
Closed on
Oct 28, 2015
Sold by
Richardson Larry
Bought by
Derryberry Lauren E
Seller's Agent
Debbie Watkins
Property Place
Buyer's Agent
Debbie Watkins
Property Place
List Price
$109,000
Sold Price
$89,900
Premium/Discount to List
-$19,100
-17.52%
Current Estimated Value
$260,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,248
Avg. Annual Appreciation
10.80%
Original Mortgage
$92,442
Outstanding Balance
$72,357
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$187,791

Purchase Details

Listed on
Apr 24, 2015
Closed on
Jun 19, 2015
Sold by
Secretary Of Housing And Urban Dev Of Wa
Bought by
Richardson Larry
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Chad Smith
Property Place
List Price
$55,000
Sold Price
$49,735
Premium/Discount to List
-$5,265
-9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
417.80%

Purchase Details

Closed on
Mar 13, 2015
Sold by
Regan Leona K
Bought by
Secretary Of Housing And Urban and C/O Michaelson Connor & Boul I

Purchase Details

Closed on
Jun 30, 2010
Sold by
Sissum Wayne T
Bought by
Regan Leona K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,870
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 1989
Bought by
Sissum Wayne T and Sissum Jean

Purchase Details

Closed on
Aug 31, 1989
Bought by
First State Bank

Purchase Details

Closed on
Mar 31, 1988
Bought by
Armstrong Kenneth L

Purchase Details

Closed on
May 29, 1973
Bought by
Armstrong Kenneth L and Armstrong Patsy

Purchase Details

Closed on
Mar 17, 1973
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Derryberry Lauren E $89,900 --
Richardson Larry $49,735 --
Secretary Of Housing And Urban $45,000 --
Regan Leona K $85,000 --
Sissum Wayne T $50,000 --
First State Bank -- --
-- $49,900 --
Armstrong Kenneth L -- --
Armstrong Kenneth L -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derryberry Lauren E $92,442
Previous Owner Not Available $83,870
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2015 10/28/15 Sold $89,900 -17.5% $50 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $109,000 +119.2% $61 / Sq Ft
06/19/2015 06/19/15 Sold $49,735 -9.6% $23 / Sq Ft View Prior Sale
06/02/2015 06/02/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $55,000 -- $25 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $832 $54,675 $4,075 $50,600
2024 $832 $54,675 $4,075 $50,600
2023 $832 $54,675 $4,075 $50,600
2022 $778 $38,150 $3,000 $35,150
2021 $778 $38,150 $3,000 $35,150
2020 $778 $38,150 $3,000 $35,150
2019 $577 $23,850 $2,750 $21,100
2018 $577 $23,850 $2,750 $21,100
2017 $577 $23,850 $2,750 $21,100
2016 $577 $23,850 $2,750 $21,100
2015 $576 $23,850 $2,750 $21,100
2014 -- $23,839 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9959975

Memphis Area Association of REALTORS®

APN: 043-043.02

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