NOT LISTED FOR SALE

511 Forrest St Covington, TN 38019

Estimated Value: $83,000 - $110,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$83/Sq Ft Est. Value

Last Sold July 22, 2016

Last sale price $21,000 $18 Per Sq Ft

Est. 375% increase in value since last sale

Current estimated payment $567/month

481 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System
  • Den
  • Porch
  • Partially Carpeted

About This Home

As of July 2016

Nice Investment property! 2 bedroom home with a a new central heat and air unit! Currently rented for $450 a month.

Last Agent to Sell the Property

Ryan Whiteside

Lankford Realty Co. License #299975 Listed on: 03/27/2015

Last Buyer's Agent

Jerry Baggett

Collier REALTORS License #318254

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $300

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 60'x52'
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,036 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 025N 025N G01700

Home Details

Home Type

Single Family

Est. Annual Taxes

$300

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 623C
  • MAAR Subdivision Name: 00
  • List Price Per Sq Ft: 25
  • Number Of Stories: 1
  • Price Per Sq Ft: 20.27
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1036
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet, Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Den
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Some Trees
  • Lot Size: 60'X52'

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 025N 025N G01700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2013
Closed on
Nov 14, 2013
Sold by
Federal National Mortgage Association
Bought by
Sanford Rob
Seller's Agent
Randy Lankford
Lankford Realty Co.
Buyer's Agent
Ryan Whiteside
Lankford Realty Co.
List Price
$10,500
Sold Price
$11,125
Premium/Discount to List
$625
5.95%
Current Estimated Value
$99,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,542
Avg. Annual Appreciation
19.10%

Purchase Details

Listed on
Oct 15, 2013
Closed on
Oct 2, 2013
Sold by
Kellum Donald
Bought by
Federal National Mtg Associati
Seller's Agent
Randy Lankford
Lankford Realty Co.
Buyer's Agent
Ryan Whiteside
Lankford Realty Co.
List Price
$10,500
Sold Price
$11,125
Premium/Discount to List
$625
5.95%

Purchase Details

Closed on
Jun 24, 2003
Sold by
Bobby Kellum
Bought by
Donald Kellum

Purchase Details

Closed on
Mar 11, 1994
Bought by
Kellum Ephraim and Kellum Ruby

Purchase Details

Closed on
Sep 25, 1992
Bought by
Cromwell Earl

Purchase Details

Closed on
Aug 21, 1992
Bought by
First State Bank

Purchase Details

Closed on
May 7, 1987

Purchase Details

Closed on
Apr 1, 1986
Bought by
Burchett James Scott

Purchase Details

Closed on
Mar 29, 1985
Source: Public Records

Range of Values:

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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
Sanford Rob $11,125 --
Federal National Mtg Associati $36,193 --
Donald Kellum -- --
Donald Kellum -- --
Donald Kellum -- --
Kellum Ephraim $26,000 --
Cromwell Earl $15,000 --
First State Bank -- --
-- $15,900 --
Burchett James Scott -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccullough Properties Llc $40,507
Previous Owner Kellum Donald $45,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2016 07/22/16 Sold $21,000 -36.4% $21 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
03/27/2015 03/27/15 For Sale $33,000 +196.6% $33 / Sq Ft
11/19/2013 11/19/13 Sold $11,125 +6.0% $11 / Sq Ft
11/06/2013 11/06/13 Pending -- -- --
10/15/2013 10/15/13 For Sale $10,500 -- $11 / 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
2024 $300 $11,825 $1,975 $9,850
2023 $300 $11,825 $1,975 $9,850
2022 $272 $8,300 $1,450 $6,850
2021 $272 $8,300 $1,450 $6,850
2020 $272 $8,300 $1,450 $6,850
2019 $298 $7,950 $1,125 $6,825
2018 $298 $7,950 $1,125 $6,825
2017 $298 $7,950 $1,125 $6,825
2016 $298 $7,950 $1,125 $6,825
2015 $298 $7,950 $1,125 $6,825
2014 $290 $7,729 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9948296

Memphis Area Association of REALTORS®

APN: 025N-G-017.00