NOT LISTED FOR SALE

500 S Tipton St Covington, TN 38019

Estimated Value: $166,403 - $195,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$116/Sq Ft Est. Value

Last Sold July 10, 2018

Last sale price $132,000 $83 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,154/month

61 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Separate Outdoor Workshop
  • Deck
  • Wood Flooring
  • Porch

About This Home

As of July 2018

This house is adorable and features 3 bedrooms and 2 baths. Remodeled in 2007 and perfect for a starter home or to downsize. Buyers will love the Huge workshop, fenced backyard, and maintenance free exterior --- located in the Historic district and a very short distance to the square in Covington

Last Agent to Sell the Property

Carolyn Whaley

REMAX Experts License #203116 Listed on: 05/01/2018

REMAX Experts

Last Buyer's Agent

Melissa Sartain

HORIZON REALTY License #338304

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • Lot Dimensions are 65'x272'
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,404 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • Workshop in Garage
  • Driveway

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • See Deed Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041F 041F C01100

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Sanford
  • MAAR Subdivision Name: See Deed
  • List Price Per Sq Ft: 93
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1404
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom, Double Vanity Bath
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Walk-In Closet, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, Vented Gas Fireplace, In Living Room, Gas Logs
  • Floors/Ceilings: Wood Laminate Floors, Tile, Textured Ceiling
  • Full Bathrooms: 2
  • Equipment: Cooktop, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: Excl Some Window Treatmnt, Walk-In Closet(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Primary Bathroom Description: Double Sinks, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Deck, Workshop
  • Exterior Windows: Vinyl Siding, Double Pane Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad, Workshop(s)

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Smoke Detector(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Size: 65'X272'

Tax Info

  • Assessor Parcel Number: 041F 041F C01100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
Jul 10, 2018
Sold by
Petty Joseph Garrett
Bought by
Charnock Robert W and Charnock Patricia
Seller's Agent
Carolyn Whaley
REMAX Experts
Buyer's Agent
Melissa Sartain
HORIZON REALTY
List Price
$129,900
Sold Price
$132,000
Premium/Discount to List
$2,100
1.62%
Current Estimated Value
$185,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,351
Avg. Annual Appreciation
4.62%
Original Mortgage
$129,609
Outstanding Balance
$112,158
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$73,193

Purchase Details

Listed on
Nov 20, 2013
Closed on
Aug 14, 2014
Sold by
Sage Lauren M
Bought by
Petty Joseph Garrett and Petty Tamara M
Seller's Agent
Kaye Smith
Property Place
Buyer's Agent
Carolyn Whaley
REMAX Experts
List Price
$109,900
Sold Price
$109,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$112,142
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2007
Sold by
Leslie Forrester
Bought by
Sage Lauren M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,344
Interest Rate
6.26%

Purchase Details

Closed on
Jun 8, 1994
Bought by
Russell William B

Purchase Details

Closed on
Jul 6, 1981
Bought by
Russell William B and Russell Myrtle M

Purchase Details

Closed on
Feb 16, 1979

Purchase Details

Closed on
Sep 6, 1941
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Charnock Robert W $132,000 --
Petty Joseph Garrett $109,900 --
Sage Lauren M $102,000 --
Russell William B -- --
Russell William B -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charnock Robert W $129,609
Previous Owner Petty Joseph Garrett $112,142
Previous Owner Not Available $109,344
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2018 07/10/18 Sold $132,000 +1.6% $94 / Sq Ft
05/01/2018 05/01/18 For Sale $129,900 +18.2% $93 / Sq Ft
08/14/2014 08/14/14 Sold $109,900 0.0% $79 / Sq Ft View Prior Sale
06/24/2014 06/24/14 Pending -- -- --
11/20/2013 11/20/13 For Sale $109,900 -- $79 / 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 -- $31,525 $0 $0
2024 -- $31,525 $3,675 $27,850
2023 $799 $31,525 $3,675 $27,850
2022 $726 $22,125 $2,700 $19,425
2021 $726 $22,125 $2,700 $19,425
2020 $726 $22,125 $2,700 $19,425
2019 $770 $20,525 $2,700 $17,825
2018 $770 $20,525 $2,700 $17,825
2017 $770 $20,525 $2,700 $17,825
2016 $770 $20,525 $2,700 $17,825
2015 $769 $20,525 $2,700 $17,825
2014 $769 $20,533 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10026065

Memphis Area Association of REALTORS®

APN: 041F-C-011.00