$159,000
SOLD FEB 6, 2025

515 Edgewood Ave Covington, TN 38019

2 Beds
1 Bath
1,000-1,199 Sq Ft
0.25 Acres

Recently Sold

$133 Per Sq Ft

6% Above List Price

54 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • 1 Car Attached Garage
  • Traditional Architecture
  • Porch
  • Monitored

About This Home

As of February 2025

First Right of Refusal, bring an offer before FEB 6th! Come take a look at this rare opportunity to own a turnkey modernized home for only $150,000. Brand new central heat and air, new flooring, new doors, fresh paint, AND a remodeled bathroom & kitchen with new fixtures and range. The covered parking with an attached carport makes this home a steal! Come and see this home before Christmas as a gift for yourself!!

Last Agent to Sell the Property

Adam Dawson

Weichert REALTOR-SPM License #361420 Listed on: 12/12/2024

Weichert REALTOR-SPM

Co-Listed By

Brandon Herbert

Weichert, REALTORS-BenchMark License #379445

Last Buyer's Agent

Stephanie Arender

Crye-Leike, Inc., REALTORS License #352197

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $853

Year Built

  • Built in 1978

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 88 x125 x86.5 x125
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,000 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Window Treatments
  • Aluminum Window Frames
  • Combination Dining and Living Room
  • Storage Room
  • Washer and Dryer Hookup

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Cooktop

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Electric Water Heater

Additional Features

  • Doors are 32 inches wide or more
  • Porch

Community Details

  • Mclennan Payne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041J 041J G00400

Home Details

Home Type

Single Family

Est. Annual Taxes

$853

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 623C
  • MAAR Subdivision Name: MCLENNAN-PAYNE
  • Handicap Design: Wide Doors
  • Number Of Stories: 1
  • Price Per Sq Ft: 159
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1000
  • Year Built: 1978
  • List Price/ Sq Ft: 150
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout, Tile, Textured Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Cooktop
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Washer/Dryer Connections, W/D Connection in Kitchen
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Attic Access, Security System
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch
  • Exterior Windows: Aluminum/Steel Siding
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad, Storage Room(s), On-Street Parking

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Electric
  • Security: Burglar Alarm, Monitored Alarm System, Smoke Detector(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 9
  • Acreage: 0.25
  • Lot Size: 88 X125 X86.5 X125
  • Price Per Acre: 600000
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 041J 041J G00400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2024
Closed on
Feb 6, 2025
Sold by
Waterbury Cathy and Waterbury Lee
Bought by
Wade Ryan
Seller's Agent
Adam Dawson
Weichert REALTOR-SPM
Buyer's Agent
Stephanie Arender
Crye-Leike, Inc., REALTORS
List Price
$150,000
Sold Price
$159,000
Premium/Discount to List
$9,000
6%
Total Days on Market
54
Views
42
Current Estimated Value
$152,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,130
Avg. Annual Appreciation
-6.79%
Original Mortgage
$160,606
Outstanding Balance
$160,606
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$6,670

Purchase Details

Listed on
Oct 8, 2024
Closed on
Oct 4, 2024
Sold by
Miller Richard and Miller Ashley
Bought by
Waterbury Cathy and Waterbury Lee
Seller's Agent
Landon Twisdale
Weichert, REALTORS-BenchMark
Buyer's Agent
Landon Twisdale
Weichert, REALTORS-BenchMark
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
307.66%

Purchase Details

Closed on
Sep 14, 2020
Sold by
Ballard Kara
Bought by
Miller Richard and Miller Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,706
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 1, 2015
Closed on
Mar 6, 2015
Sold by
Thomas Bret
Bought by
Fowler Melissa Ellen Manley
Seller's Agent
Debbie Watkins
Property Place
Buyer's Agent
Debbie Watkins
Property Place
List Price
$39,900
Sold Price
$37,000
Premium/Discount to List
-$2,900
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.71%

Purchase Details

Closed on
Nov 6, 1995
Bought by
Bert Thomas

Purchase Details

Closed on
Dec 26, 1994
Sold by
Bret Thomas
Bought by
B & T Rentals Inc

Purchase Details

Closed on
Jul 29, 1994
Bought by
Thomas Bret and Thomas Tracey

Purchase Details

Closed on
Sep 1, 1989
Bought by
Miller Douglas H

Purchase Details

Closed on
Dec 1, 1986
Bought by
Stevens Roger A

Purchase Details

Closed on
Feb 28, 1986

Purchase Details

Closed on
May 28, 1982

Purchase Details

Closed on
Oct 7, 1980
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $159,000 Realty Title
Warranty Deed $100,000 None Listed On Document
Warranty Deed $15,000 None Available
Warranty Deed $37,000 --
Deed -- --
Deed -- --
Warranty Deed $44,000 --
Warranty Deed $42,000 --
Warranty Deed $38,900 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,606 Credit Line Revolving
Previous Owner $28,706 Construction
Previous Owner $113,500 Commercial
Previous Owner $150,000 No Value Available
Previous Owner $85,000 No Value Available
Previous Owner $62,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 Sold $159,000 +6.0% $159 / Sq Ft
02/04/2025 02/04/25 Pending -- -- --
02/01/2025 02/01/25 For Sale $150,000 0.0% $150 / Sq Ft
12/21/2024 12/21/24 Pending -- -- --
12/12/2024 12/12/24 For Sale $150,000 +50.0% $150 / Sq Ft
10/08/2024 10/08/24 Sold $100,000 0.0% $1,000 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
10/08/2024 10/08/24 For Sale $100,000 +170.3% $1,000 / Sq Ft
03/06/2015 03/06/15 Sold $37,000 -7.3% $370 / Sq Ft
03/04/2015 03/04/15 Pending -- -- --
02/01/2015 02/01/15 For Sale $39,900 -- $399 / 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 $853 $33,650 $5,225 $28,425
2023 $853 $33,650 $5,225 $28,425
2022 $774 $23,600 $3,850 $19,750
2021 $660 $23,600 $3,850 $19,750
2020 $660 $20,125 $3,850 $16,275
2019 $521 $13,875 $2,975 $10,900
2018 $521 $13,875 $2,975 $10,900
2017 $521 $13,875 $2,975 $10,900
2016 $521 $13,875 $2,975 $10,900
2015 $520 $13,875 $2,975 $10,900
2014 $519 $13,861 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10186613

Memphis Area Association of REALTORS®

APN: 041J-G-004.00