NOT LISTED FOR SALE

7634 Mt Carmel Rd Covington, TN 38019

Estimated Value: $243,000 - $308,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$175/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $220,000 $138 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,668/month

3 Days on Market

Highlights

  • 4.16 Acre Lot
  • Wood Flooring
  • Porch
  • Traditional Architecture
  • Great Room
  • Eat-In Kitchen

About This Home

As of February 2021

Enjoy country living on this beautiful 4 acre lot with quaint home! Home features large open living room, split floor plan, heated/cooled storage building, shop/chicken coop, 22x60 barn/run in shelter, and fenced yard. Showings start Monday at 1 pm.

Last Agent to Sell the Property

Brooke Smith

REMAX Experts License #322727 Listed on: 01/17/2021

REMAX Experts

Last Buyer's Agent

Laurie McClerkin

MidSouth Residential, LLC License #295389

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $897

Year Built

  • Built in 1988

Lot Details

  • 4.16 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,519 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Dining Room
  • Den with Fireplace

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Kitchen Island

Flooring

  • Wood
  • Parquet
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Parking Spaces
  • Carport
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 108 108 00202

Home Details

Home Type

Single Family

Est. Annual Taxes

$897

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 622C
  • List Price Per Sq Ft: 145
  • Number Of Stories: 1
  • Price Per Sq Ft: 144.83
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1519
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Master Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Wall to Wall Carpet, Part Hardwood, Parquet Floor
  • Full Bathrooms: 2
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Master Bedroom: Level 1, Carpet
  • Master Bedroom Dimensions: 15x11
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Vinyl Siding
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Level
  • Acreage: 4.16
  • Price Per Acre: 52885

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 108 108 00202

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2021
Closed on
Feb 26, 2021
Sold by
Mclean Jason K and Mclean Amanda Amanda
Bought by
Derek Askam and Askam Kelli A
Seller's Agent
Brooke Smith
REMAX Experts
Buyer's Agent
Laurie McClerkin
MidSouth Residential, LLC
List Price
$220,000
Sold Price
$220,000
Total Days on Market
3
Current Estimated Value
$290,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,887
Avg. Annual Appreciation
5.53%
Original Mortgage
$227,920
Outstanding Balance
$206,622
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$72,770

Purchase Details

Closed on
Mar 28, 2011
Sold by
Mignard Jerry H
Bought by
Mclean Jason K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,969
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2006
Sold by
Morris Gene C
Bought by
Mignard Jerry H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.31%

Purchase Details

Closed on
Nov 17, 2004
Sold by
Doyle Avant
Bought by
Morris Gene C

Purchase Details

Closed on
Dec 10, 1987
Bought by
Avant Doyle and Avant Ellen

Purchase Details

Closed on
Aug 6, 1981
Bought by
Avant Doyle and Avant Ellen
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
Derek Askam $220,000 Home Surety T&E Llc
Mclean Jason K $159,000 --
Mignard Jerry H $150,000 --
Morris Gene C $140,000 --
Avant Doyle -- --
Avant Doyle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derek Askam $227,920
Previous Owner Mclean Jason K $154,969
Previous Owner Mignard Jerry H $156,389
Previous Owner Avant Doyle $120,000
Previous Owner Avant Doyle $30,000
Previous Owner Doyle Avant $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $220,000 0.0% $157 / Sq Ft
01/17/2021 01/17/21 For Sale $220,000 -- $157 / 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 $897 $58,925 $14,300 $44,625
2023 $897 $58,925 $14,300 $44,625
2022 $856 $41,950 $10,500 $31,450
2021 $856 $41,950 $10,500 $31,450
2020 $791 $38,775 $10,500 $28,275
2019 $763 $31,525 $9,550 $21,975
2018 $763 $31,525 $9,550 $21,975
2017 $763 $31,525 $9,550 $21,975
2016 $707 $29,200 $9,550 $19,650
2015 $706 $29,200 $9,550 $19,650
2014 $706 $29,214 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10091927

Memphis Area Association of REALTORS®

APN: 108-002.02