NOT LISTED FOR SALE

520 Fairway Dr Covington, TN 38019

Estimated Value: $440,000 - $496,000

4 Beds
3 Baths
2,596 Sq Ft
$178/Sq Ft Est. Value

Last Sold July 16, 2014

Last sale price $273,520 $105 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,009/month

26 Days on Market

Highlights

  • Landscaped Professionally
  • Vaulted Ceiling
  • Wood Flooring
  • Fireplace in Hearth Room
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of July 2014

4 Bedrooms, 3 Baths & Future Expandable gameroom. ENERGY STAR built home means LOW LOW utility bills! Granite Kitchen Counter Tops, Gas Cooking! Golf Course Neighborhood. Great Floor Plan. Come & SEE all the amenities in this home!

Last Agent to Sell the Property

Patti Baggett

Crye-Leike, Inc., REALTORS License #227017 Listed on: 04/07/2014

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Patti Baggett

Crye-Leike, Inc., REALTORS License #227017 Listed on: 04/07/2014

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,960

Year Built

  • Built in 2014 | Under Construction

Lot Details

  • 0.35 Acre Lot
  • Landscaped Professionally
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,596 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Double Pane Windows
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den
  • Keeping Room
  • Home Security System
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Possible Extra Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts

Community Details

  • Fairway Est Sec B Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 050L 050M B01500

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,960

Year Built

Built in 2014 | Under Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: HWY 59
  • MLS Map #: 623C
  • MAAR Subdivision Name: FAIRWAY EST SEC B
  • Est Date Of Completion: 08/01/2014
  • Freestanding: Yes
  • List Price Per Sq Ft: 106
  • Number Of Stories: 2
  • Price Per Sq Ft: 105.36
  • Prop Construction Status: Under Construction
  • Estimated Sq Ft: 2596
  • Year Built: 2014
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Keeping/Hearth Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedroom 4 Description: Level 2, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Prefabricated, Vented Gas Fireplace, In Keeping/Hearth room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Textured Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 3
  • Equipment: Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Dining Room, Great Room, Breakfast Bar, Separate Breakfast Room, Pantry, Keeping/Hearth Room
  • Misc Interior: Walk-In Closet(s), Cat/Dog Free House, Security System
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Internal Expansion Area
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Carpet

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer, Vinyl Siding, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s)

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Professionally Landscaped
  • Lot Number: 154
  • Acreage: 0.35
  • Keeping Hearth Dimension: 13x15
  • Lot Size: 105x150 Irr
  • Price Per Acre: 785429

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 050L 050M B01500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2014
Closed on
Jul 16, 2014
Sold by
D & D Custom Homes Llc
Bought by
Hackett Jennifer N and Hackett Charles C
Seller's Agent
Patti Baggett
Crye-Leike, Inc., REALTORS
Buyer's Agent
Patti Baggett
Crye-Leike, Inc., REALTORS
List Price
$269,900
Sold Price
$273,520
Premium/Discount to List
$3,620
1.34%
Current Estimated Value
$504,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,859
Avg. Annual Appreciation
4.80%
Original Mortgage
$138,503
Outstanding Balance
$107,331
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$352,170

Purchase Details

Closed on
May 2, 2014
Sold by
Apc Investments
Bought by
Apex Home Builders Llc

Purchase Details

Closed on
Jul 8, 2009
Bought by
Apc Investments Llc

Purchase Details

Closed on
May 9, 2007
Bought by
Southern Custom Home Builders Llc
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
Hackett Jennifer N $273,503 --
D & D Custom Homes Llc $45,000 --
Apex Home Builders Llc $40,000 --
Apc Investments Llc $513,000 --
Southern Custom Home Builders Llc $1,684,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open D & D Custom Homes Llc $138,503
Closed Hackett Jennifer N $138,503
Previous Owner Apc Investments Llc $227,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2014 07/16/14 Sold $273,520 +1.3% $105 / Sq Ft
05/03/2014 05/03/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $269,900 -- $104 / 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 $2,960 $116,775 $13,600 $103,175
2023 $2,960 $116,775 $13,600 $103,175
2022 $2,680 $81,650 $10,000 $71,650
2021 $2,679 $81,650 $10,000 $71,650
2020 $2,679 $81,650 $10,000 $71,650
2019 $2,354 $62,775 $9,875 $52,900
2018 $2,318 $61,825 $9,875 $51,950
2017 $2,318 $61,825 $9,875 $51,950
2016 $2,318 $61,825 $9,875 $51,950
2015 $2,317 $61,825 $9,875 $51,950
2014 $2,317 $61,832 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3294335

Memphis Area Association of REALTORS®

APN: 050L-B-015.00