NOT LISTED FOR SALE

7465 Mt Carmel Rd Covington, TN 38019

Estimated Value: $303,000 - $324,000

3 Beds
2 Baths
2,000-2,199 Sq Ft
$141/Sq Ft Est. Value

Last Sold April 04, 2022

Last sale price $297,000 $135 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,783/month

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Separate Formal Living Room
  • Partially Carpeted
  • 1-Story Property

About This Home

As of April 2022

This home is located at 7465 Mt Carmel Rd, Covington, TN 38019 since 05 March 2022 and is currently estimated at $310,510, approximately $155 per square foot. This property was built in 1998. 7465 Mt Carmel Rd is a home located in Tipton County with nearby schools including Austin Peay Elementary School, Brighton Middle School, and Brighton High School.

Last Agent to Sell the Property

Jennifer Clark

KAIZEN Realty, LLC License #339375 Listed on: 03/05/2022

KAIZEN Realty, LLC

Last Buyer's Agent

Jennifer Clark

KAIZEN Realty, LLC License #339375 Listed on: 03/05/2022

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,037

Year Built

  • Built in 1998

Lot Details

  • 1.1 Acre Lot
  • Chain Link Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 1,878 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Summer Trace Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 108B 108B A01000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,037

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 622C
  • MAAR Subdivision Name: SUMMER TRACE
  • List Price Per Sq Ft: 154
  • Number Of Stories: 1
  • Price Per Sq Ft: 158.15
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1878
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 2

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Chain Fenced
  • Lot Number: 10
  • Acreage: 1.1
  • Lot Size: 1
  • Price Per Acre: 263636

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 108B 108B A01000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2022
Closed on
Mar 28, 2022
Sold by
Ursery Scott B
Bought by
Chastain Donale and Damon Martha
Seller's Agent
Jennifer Clark
KAIZEN Realty, LLC
Buyer's Agent
Jennifer Clark
KAIZEN Realty, LLC
List Price
$290,000
Sold Price
$297,000
Premium/Discount to List
$7,000
2.41%
Current Estimated Value
$309,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,990
Avg. Annual Appreciation
1.33%
Original Mortgage
$303,831
Outstanding Balance
$286,451
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$24,059

Purchase Details

Listed on
Sep 15, 2016
Closed on
Mar 10, 2017
Sold by
Whiteside Raymond D
Bought by
Ursery Scott B
Seller's Agent
Kathryn McGowan
Covington Realty & Auction LLC
Buyer's Agent
Keith Kirkpatrick
Lankford Realty Co.
List Price
$179,900
Sold Price
$167,000
Premium/Discount to List
-$12,900
-7.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.03%
Original Mortgage
$133,600
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 1999
Sold by
Natchez Hardwood Inc
Bought by
Whitesides Raymond D

Purchase Details

Closed on
Jun 8, 1998
Sold by
Beaver Built Inc
Bought by
Hardwood Natchez
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
Chastain Donale $297,000 Apperson Crump Plc
Ursery Scott B $167,000 --
Whitesides Raymond D $128,000 --
Hardwood Natchez $12,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chastain Donale $303,831
Closed Chastain Donale $303,831
Previous Owner Ursery Scott B $133,600
Previous Owner Whiteside Raymond D $128,775
Previous Owner Whiteside Raymond D $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2022 04/04/22 Sold $297,000 +2.4% $149 / Sq Ft
03/05/2022 03/05/22 For Sale $290,000 +73.7% $145 / Sq Ft
03/10/2017 03/10/17 Sold $167,000 -7.2% $84 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
09/15/2016 09/15/16 For Sale $179,900 -- $90 / 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 $1,037 $68,175 $9,175 $59,000
2023 $1,037 $68,175 $9,175 $59,000
2022 $974 $47,750 $6,750 $41,000
2021 $974 $47,750 $6,750 $41,000
2020 $974 $47,750 $6,750 $41,000
2019 $910 $37,600 $5,200 $32,400
2018 $910 $37,600 $5,200 $32,400
2017 $910 $37,600 $5,200 $32,400
2016 $910 $37,600 $5,200 $32,400
2015 $909 $37,600 $5,200 $32,400
2014 $908 $37,586 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10118863

Memphis Area Association of REALTORS®

APN: 108B-A-010.00