NOT LISTED FOR SALE

519 Terrace Dr Covington, TN 38019

Covington Area

Estimated Value: $143,000 - $156,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$125/Sq Ft Est. Value

Sale Details

Date Sold: August 5, 2022

Last sale price $135,000 $113 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $970 / mo

3 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • Porch
  • Separate Formal Living Room
  • Some Wood Windows
  • 1-minute walk to Cobb-Parr Memorial Park

About This Home

As of August 2022

Charm, location, great bones...these are the words that come to mind when describing this cutie on Terrace Drive. This is a perfect starter home or one for your downsizing needs. NOTE: The green, metal carport in the backyard does not stay, neither does the refrigerator. 24-hrs minimum notice needed for showings. Multiple offers have been received. Showings to be allowed through Sunday, 6/26. Highest and best due by 6/26 at 9:00PM. Call/text Kathryn for appointment.

Last Agent to Sell the Property

Kathryn McGowan

Covington Realty & Auction LLC License #335102 Listed on: 06/15/2022

Co-Listed By

Ali Spoon

Covington Realty & Auction LLC License #363231

Last Buyer's Agent

Theresa Cook

eXp Realty, LLC License #350734

eXp Realty, LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • Lot Dimensions are 75 x151.7
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,196 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Some Wood Windows
  • Separate Formal Living Room
  • Den
  • Pull Down Stairs to Attic
  • Storm Windows
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Gas Cooktop

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • On Deed Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041G 041G H00300

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0.26 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: ON DEED
  • List Price Per Sq Ft: 108
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1196
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet, Vinyl Floor, Textured Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking
  • Living Dining Kitchen: Separate Living Room, Separate Den, Eat-In Kitchen
  • Misc Interior: Pull Down Attic Stairs
  • Other Rooms: Laundry Closet
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Misc Exterior: Storage Building, Porch
  • Exterior Windows: Vinyl Siding, Wood Window(s), Storm Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Landscaped
  • Lot Size: 75 X151.7

Tax Info

  • Assessor Parcel Number: 041G 041G H00300

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
Jun 15, 2022
Closed on
Aug 5, 2022
Sold by
Bought by
Seller's Agent
Kathryn McGowan
Covington Realty & Auction LLC
Buyer's Agent
Theresa Cook
eXp Realty, LLC
List Price
$129,000
Sold Price
$135,000
Premium/Discount to List
$6,000
4.65%
Current Estimated Value
$149,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,385
Avg. Annual Appreciation
2.54%
Original Mortgage
$108,000
Outstanding Balance
$101,605
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$47,780

Purchase Details

Closed on
Sep 17, 1979
Bought by

Purchase Details

Closed on
Aug 27, 1956
Source: Public Records

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
-- Carter Sara B
-- --
-- --
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 $108,000
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
08/05/2022 08/05/22 Sold $135,000 +4.7% $135 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $129,000 -4.4% $129 / Sq Ft
06/15/2022 06/15/22 Off Market $135,000 -- --
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 -- $27,150 $4,125 $23,025
2024 -- $27,150 $4,125 $23,025
2023 $688 $27,150 $4,125 $23,025
2022 $625 $19,050 $3,025 $16,025
2021 $482 $19,050 $3,025 $16,025
2020 $482 $14,700 $3,025 $11,675
2019 $464 $12,375 $2,325 $10,050
2018 $464 $12,375 $2,325 $10,050
2017 $464 $12,375 $2,325 $10,050
2016 $464 $12,375 $2,325 $10,050
2015 $464 $12,375 $2,325 $10,050
2014 $463 $12,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathryn McGowan Real Estate Agent - Covington Realty & Auction LLC

    Seller's Agent in 2022

    Kathryn McGowan

    Covington Realty & Auction LLC

    (901) 485-8454

    49 Total Sales

    Kathryn McGowan
    Section Image
  • Ali Spoon Real Estate Agent - Covington Realty & Auction LLC

    Seller Co-Listing Agent in 2022

    Ali Spoon

    Covington Realty & Auction LLC

    (901) 355-9503

    80 Total Sales

    Ali Spoon
    Section Image
  • Theresa Cook Real Estate Agent - eXp Realty, LLC

    Buyer's Agent in 2022

    Theresa Cook

    eXp Realty, LLC

    (901) 483-3032

    124 Total Sales

    Theresa Cook
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10126899

Memphis Area Association of REALTORS®

APN: 041G-H-003.00

Tennessee Tipton County Covington 38019

519 Terrace Dr, Covington, TN

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