NOT LISTED FOR SALE

502 Fairway Dr Covington, TN 38019

Estimated Value: $429,000 - $481,000

4 Beds
3 Baths
2,400-2,599 Sq Ft
$174/Sq Ft Est. Value

Sale Details

Date Sold: March 20, 2020

Last sale price $269,900 $104 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,884 / mo

Highlights

  • On Golf Course
  • Soft Contemporary Architecture
  • Great Room
  • Main Floor Primary Bedroom
  • Whirlpool Bathtub
  • Brick Veneer

About This Home

As of March 2020

Great location in prime neighborhood. Energy Star homr

Last Agent to Sell the Property

Harold Morris

Property Place License #281971 Listed on: 02/14/2020

Last Buyer's Agent

Rae Ann Stimpson

The Carter Group LLC, REALTORS License #274350

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2012

Lot Details

  • 16,553 Sq Ft Lot
  • On Golf Course
  • Level Lot
  • Few Trees

Home Design

  • Soft Contemporary Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof
  • Stone Exterior Construction

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,525 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Fireplace
  • Great Room
  • Living Room
  • Dining Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Garage
  • Side Facing Garage

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Fairway Est Sec B Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 050L 050M B01600

Home Details

Home Type

Single Family

Year Built

Built in 2012

Lot Details

0.38 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: FAIRWAY EST SEC B
  • List Price Per Sq Ft: 107
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2525
  • Year Built: 2012
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Primary Bedroom
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Smooth Ceiling, Carpet
  • Bedroom 3 Description: Smooth Ceiling, Carpet
  • Bedroom 4 Description: Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Prefabricated, Ventless Gas Fireplace
  • Floors/Ceilings: Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 3
  • Equipment: Gas Cooking, Disposal, Dishwasher, Microwave, Cable Available
  • Living Dining Kitchen: Great Room, Breakfast Bar
  • Misc Interior: Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Smooth Ceiling, Tile Floor

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Stone
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Side-Load Garage

Utilities

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

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Golf Course Frontage
  • Lot Number: 155
  • Acreage: 0.38

Tax Info

  • Assessor Parcel Number: 050L 050M B01600

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Mar 19, 2020
Sold by
Bought by
Seller's Agent
Harold Morris
Property Place
Buyer's Agent
Rae Ann Stimpson
The Carter Group LLC, REALTORS
List Price
$269,900
Sold Price
$269,900
Current Estimated Value
$451,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,457
Avg. Annual Appreciation
8.55%
Original Mortgage
$265,010
Outstanding Balance
$232,534
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$218,823

Purchase Details

Listed on
Jun 29, 2012
Closed on
Mar 11, 2013
Sold by
Bought by
Seller's Agent
Patti Baggett
Crye-Leike, Inc., REALTORS
Buyer's Agent
Harold Morris
Property Place
List Price
$259,900
Sold Price
$240,000
Premium/Discount to List
-$19,900
-7.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.68%
Original Mortgage
$244,800
Interest Rate
3.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 2009
Bought by

Purchase Details

Closed on
May 9, 2007
Bought by
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$269,900 None Available
$250,000 --
$513,000 --
$1,684,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $265,010
Previous Owner $244,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2020 03/20/20 Sold $269,900 0.0% $112 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $269,900 +12.5% $112 / Sq Ft
03/11/2013 03/11/13 Sold $240,000 -7.7% $100 / Sq Ft View Prior Sale
01/18/2013 01/18/13 Pending -- -- --
06/29/2012 06/29/12 For Sale $259,900 -- $108 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- $105,800 $13,600 $92,200
2024 -- $105,800 $13,600 $92,200
2023 $2,682 $105,800 $13,600 $92,200
2022 $2,430 $74,050 $10,000 $64,050
2021 $2,430 $74,050 $10,000 $64,050
2020 $2,429 $74,050 $10,000 $64,050
2019 $2,244 $59,825 $9,875 $49,950
2018 $2,244 $59,825 $9,875 $49,950
2017 $2,244 $59,825 $9,875 $49,950
2016 $2,244 $59,825 $9,875 $49,950
2015 $2,242 $59,825 $9,875 $49,950
2014 $2,242 $59,826 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2020

    Harold Morris

    Property Place

    (901) 476-2121

    19 Total Sales

    Harold Morris
    Section Image

  • R

    Buyer's Agent in 2020

    Rae Ann Stimpson

    The Carter Group LLC, REALTORS

    (901) 753-7222

    98 Total Sales

    Rae Ann Stimpson
    Section Image
  • Patti Baggett

    Seller's Agent in 2013

    Patti Baggett

    Crye-Leike

    (901) 218-8730

    26 Total Sales

    Patti Baggett
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10070920

Memphis Area Association of REALTORS®

APN: 050L-B-016.00

Tennessee Tipton County Covington 38019

502 Fairway Dr, Covington, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.