NOT LISTED FOR SALE

501 Ervin Ln Covington, TN 38019

Estimated Value: $144,000 - $261,397

3 Beds
2 Baths
1,400-1,599 Sq Ft
$124/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $98,000 $61 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,183/month

284 Days on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Great Room
  • Traditional Architecture
  • Bonus Room
  • Porch

About This Home

As of January 2015

Lovely home with 3bdr.2ba.Bonus room. Large 1 acre lot. New A/C, Hot water heater, roof and carpet were replaced a couple of years ago. Great home for the price!

Last Agent to Sell the Property

Annette Wilson

Crye-Leike, Inc., REALTORS License #320819 Listed on: 03/24/2014

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Laurie McClerkin

MidSouth Residential, LLC License #295389

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 1 Acre Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,400 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Great Room
  • Bonus Room
  • Partially Carpeted
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Wyatt Ervin Lane Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 018F 018F B00100

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: WYATT-ERVIN LANE SEC B
  • Freestanding: Yes
  • List Price Per Sq Ft: 71
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1400
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Vaulted/Coffered Primary
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Shared Bath
  • Bedroom 3 Description: Level 1, Shared Bath
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Gas Cooking, Dishwasher
  • Living Dining Kitchen: Great Room, Washer/Dryer Connections
  • Misc Interior: All Window Treatments
  • Other Rooms: Bonus Room
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Vaulted/Coffered Ceiling

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Vinyl Siding
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Electric
  • Water Sewer: Electric Water Heater, Public Water

Lot Info

  • Lot Description: Level
  • Lot Number: 1
  • Acreage: 1
  • Lot Size: 1acre

Tax Info

  • Assessor Parcel Number: 018F 018F B00100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2014
Closed on
Jan 30, 2015
Sold by
Taylor Yolanda R
Bought by
Poole Michael and Poole Abagail
Seller's Agent
Annette Wilson
Crye-Leike, Inc., REALTORS
Buyer's Agent
Laurie McClerkin
MidSouth Residential, LLC
List Price
$10,500
Sold Price
$98,000
Premium/Discount to List
$87,500
833.33%
Current Estimated Value
$190,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,912
Avg. Annual Appreciation
6.60%
Original Mortgage
$100,000
Outstanding Balance
$76,433
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$121,416
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
Poole Michael $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poole Michael $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2015 01/30/15 Sold $98,000 +833.3% $70 / Sq Ft
01/02/2015 01/02/15 Pending -- -- --
03/24/2014 03/24/14 For Sale $10,500 -- $8 / 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 -- $41,025 $4,250 $36,775
2024 -- $41,025 $4,250 $36,775
2023 $1,040 $41,025 $4,250 $36,775
2022 $941 $28,675 $3,125 $25,550
2021 $941 $28,675 $3,125 $25,550
2020 $891 $28,675 $3,125 $25,550
2019 $846 $22,575 $3,125 $19,450
2018 $846 $22,575 $3,125 $19,450
2017 $846 $22,575 $3,125 $19,450
2016 $846 $22,575 $3,125 $19,450
2015 $846 $22,575 $3,125 $19,450
2014 $843 $22,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3293211

Memphis Area Association of REALTORS®

APN: 018F-B-001.00