NOT LISTED FOR SALE

503 S Tipton St Covington, TN 38019

Estimated Value: $231,000 - $256,000

3 Beds
2 Baths
2,000-2,199 Sq Ft
$111/Sq Ft Est. Value

Last Sold July 05, 2018

Last sale price $144,000 $65 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,381/month

12 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Attic
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Den

About This Home

As of July 2018

This charming 3 bedroom/2 bath is located in the heart of Covington Historic District. This home truly maintains the historic integrity from the trim molding, Seller's favorite antique stove, antique sink base, while still having the upgrades to make it your cozy home. Open Layout with great flow and a large backyard. Only a few minutes walk from Court Square.

Last Agent to Sell the Property

Fara Captain

Zeitlin Sotheby's Internation License #327698 Listed on: 05/12/2018

Zeitlin Sotheby's Internation

Last Buyer's Agent

Teresa Ervin

2 Rivers Realty, LLC License #319373

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • Lot Dimensions are 84'x111'
  • Wood Fence
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,137 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Attic Access Panel

Kitchen

  • Double Oven
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Additional Features

  • The property is located in a historic district
  • Central Heating and Cooling System

Community Details

  • Covington Historic District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041F 041F C01900

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Lauderdale
  • MAAR Subdivision Name: Covington Historic District
  • List Price Per Sq Ft: 68
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2137
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 2, Shared Bath
  • Bedroom 3 Description: Level 2, Shared Bath
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: In Living Room
  • Floors/Ceilings: Part Hardwood, Tile, Vinyl Floor
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Double Oven, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Washer/Dryer Connections
  • Misc Interior: Attic Access, Walk-In Attic
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Attic
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Historic District
  • Exterior Windows: Vinyl Siding
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees, Landscaped, Wood Fenced
  • Lot Size: 84'X111'

Tax Info

  • Assessor Parcel Number: 041F 041F C01900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2018
Closed on
Jul 5, 2018
Sold by
Carter Gregory D
Bought by
Sanders Joel and Sanders Angelia
Seller's Agent
Fara Captain
Zeitlin Sotheby's Internation
Buyer's Agent
Teresa Ervin
2 Rivers Realty, LLC
List Price
$144,900
Sold Price
$144,000
Premium/Discount to List
-$900
-0.62%
Current Estimated Value
$245,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,714
Avg. Annual Appreciation
7.23%
Original Mortgage
$148,752
Outstanding Balance
$128,374
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$114,719

Purchase Details

Closed on
Aug 3, 2006
Sold by
Walker Buford A
Bought by
Carter Gregory D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.65%

Purchase Details

Closed on
Mar 31, 1948
Bought by
Jennings Shelby and Jennings Bernice
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sanders Joel $144,000 --
Carter Gregory D $125,000 --
Jennings Shelby -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Joel $148,752
Previous Owner Jennings Shelby $100,000
Previous Owner Jennings Shelby $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2018 07/05/18 Sold $144,000 -0.6% $72 / Sq Ft
05/12/2018 05/12/18 For Sale $144,900 -- $72 / 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 -- $45,775 $0 $0
2024 $1,161 $45,775 $3,775 $42,000
2023 $1,161 $45,775 $3,775 $42,000
2022 $1,049 $31,950 $2,775 $29,175
2021 $857 $31,950 $2,775 $29,175
2020 $857 $26,125 $2,775 $23,350
2019 $811 $21,625 $2,775 $18,850
2018 $811 $21,625 $2,775 $18,850
2017 $811 $21,625 $2,775 $18,850
2016 $811 $21,625 $2,775 $18,850
2015 $810 $21,625 $2,775 $18,850
2014 $811 $21,634 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Fara Captain

    Seller's Agent in 2018

    Fara Captain

    Zeitlin Sotheby's Internation

    (901) 500-8034

    173 Total Sales

    Fara Captain
    Section Image
  • Teresa Ervin

    Buyer's Agent in 2018

    Teresa Ervin

    2 Rivers Realty, LLC

    (901) 487-3790

    66 Total Sales

    Teresa Ervin
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10026909

Memphis Area Association of REALTORS®

APN: 041F-C-019.00

Tennessee Tipton County Covington 38019

503 S Tipton St, Covington, TN

Not Listed for Sale

Detached

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