NOT LISTED FOR SALE

501 Rayburn Rd Covington, TN 38019

Estimated Value: $264,000 - $349,000

Studio
2 Baths
2,125 Sq Ft
$151/Sq Ft Est. Value

About This Home

This home is located at 501 Rayburn Rd, Covington, TN 38019 and is currently estimated at $320,638, approximately $150 per square foot. 501 Rayburn Rd is a home located in Tipton County with nearby schools including Crestview Elementary School, Crestview Middle School, and Covington High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2025
Sold by
Mcmahan Jonathan Luke and Mcmahan Jennifer
Bought by
Mcintyre John A
Current Estimated Value
$320,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,926
Outstanding Balance
$132,751
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$187,887

Purchase Details

Closed on
Nov 19, 2024
Sold by
Cole Pamela and Cole Giles W
Bought by
Mcmahan Jonathan Luke and Mcmahan Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.12%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 18, 2002
Sold by
Cole Clarence W and Cole Marthe
Bought by
Giles Cole

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
6.07%

Purchase Details

Closed on
Feb 12, 1993
Bought by
Cole Clarence W and Cole Marthe

Purchase Details

Closed on
Sep 15, 1992
Bought by
Tri-County Federal Savings Bank

Purchase Details

Closed on
Dec 23, 1971
Bought by
Smith Alfred Lanier and Smith Virginia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mcintyre John A $125,000 None Listed On Document
Mcmahan Jonathan Luke $570,500 None Listed On Document
Mcmahan Jonathan Luke $570,500 None Listed On Document
Giles Cole -- --
Cole Clarence W $92,500 --
Tri-County Federal Savings Bank $80,000 --
Smith Alfred Lanier -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcintyre John A $152,926
Previous Owner Mcmahan Jonathan Luke $560,000
Previous Owner Smith Alfred Lanier $60,000
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 $959 $63,025 $16,475 $46,550
2024 $959 $63,025 $16,475 $46,550
2023 $959 $63,025 $16,475 $46,550
2022 $932 $45,700 $13,375 $32,325
2021 $932 $45,700 $13,375 $32,325
2020 $1,124 $55,100 $13,375 $41,725
2019 $1,029 $42,525 $12,100 $30,425
2018 $1,029 $42,525 $12,100 $30,425
2017 $1,029 $42,525 $12,100 $30,425
2016 $1,029 $42,525 $12,100 $30,425
2015 $1,028 $42,525 $12,100 $30,425
2014 $1,077 $44,560 $0 $0
Source: Public Records

Map

Tennessee Tipton County Covington 38019

501 Rayburn Rd, Covington, TN

Not Listed for Sale

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