PENDING
$16K PRICE DROP
716 Highway 51 S Covington, TN 38019
Estimated payment $549/month
Total Views
22,605
4
Beds
2.5
Baths
2,200-2,399
Sq Ft
$33
Price per Sq Ft
Highlights
- Colonial Architecture
- 1 Fireplace
- Porch
- Wood Flooring
- Separate Formal Living Room
- 5-minute walk to Cobb-Parr Memorial Park
About This Home
THIS PROPERTY CAN ONLY BE USED FOR A COMMERCIAL USE. This property cannot be used for a residential purpose. ZONED B-2 Do not miss this wonderful opportunity to own a piece of Tipton County history. This historic property is conveniently located off Highway 51 and offers a wonderful investment opportunity for those looking to capitalize in the growing City of Covington. The home spans nearly 2,400 square feet while the shop is nearly 2,700 square feet. Schedule your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,344
Year Built
- Built in 1950
Lot Details
- Lot Dimensions are 140x111
- Level Lot
- Few Trees
Parking
- Driveway
Home Design
- Colonial Architecture
- Slab Foundation
Interior Spaces
- 2,200-2,399 Sq Ft Home
- 2,260 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Separate Formal Living Room
- Dining Room
- Wood Flooring
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
Additional Features
- Porch
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 041G E 002.00
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,344 | $53,000 | $9,175 | $43,825 |
| 2023 | $1,344 | $53,000 | $9,175 | $43,825 |
| 2022 | $1,221 | $37,200 | $6,750 | $30,450 |
| 2021 | $771 | $37,200 | $6,750 | $30,450 |
| 2020 | $771 | $23,500 | $6,750 | $16,750 |
| 2019 | $778 | $20,725 | $6,750 | $13,975 |
| 2018 | $778 | $20,725 | $6,750 | $13,975 |
| 2017 | $778 | $20,725 | $6,750 | $13,975 |
| 2016 | $778 | $20,725 | $6,750 | $13,975 |
| 2015 | $777 | $20,725 | $6,750 | $13,975 |
| 2014 | $777 | $20,731 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | Pending | -- | -- | -- |
| 05/01/2025 05/01/25 | Price Changed | $79,000 | -16.8% | $36 / Sq Ft |
| 03/21/2025 03/21/25 | Price Changed | $94,900 | -0.1% | $43 / Sq Ft |
| 02/04/2025 02/04/25 | For Sale | $95,000 | 0.0% | $43 / Sq Ft |
| 10/18/2024 10/18/24 | Pending | -- | -- | -- |
| 10/16/2024 10/16/24 | For Sale | $95,000 | -- | $43 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $101,000 | New Conventional |
Source: Public Records
Similar Homes in Covington, TN
Source: Memphis Area Association of REALTORS®
MLS Number: 10183428
APN: 041G-E-002.00
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