NOT LISTED FOR SALE

9 Lake Cove Drummonds, TN 38023

Estimated Value: $146,000 - $221,000

1.88 Acres
$101,241 Price per Acre
81,893 Sq Ft Lot

Last Sold June 12, 2020

Last sale price $28,500

Est. 568% increase in value since last sale

Current estimated payment $1,022/month

Highlights

  • Water Views
  • Lake, Pond or Stream
  • Level Lot
  • Home fronts a pond

About This Lot

As of June 2020

GREAT LOT READY TO BUILD ON! HIGH AND DRY ALMOST 2 ACRES WITH A WATER VIEW. PROPERTY TOUCHES A LARGE POND

Last Agent to Sell the Property

Brad Murphy

MidSouth Residential, LLC License #340665 Listed on: 10/05/2019

Co-Listed By

Natalie Murphy

MidSouth Residential, LLC License #350608

Last Buyer's Agent

Kelly Jankovsky

Epique Realty License #341938

Epique Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $156

Lot Details

  • 1.88 Acre Lot
  • Home fronts a pond
  • Level Lot

Additional Features

  • Water Views
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 093C 093D A00900

Community Details

Overview

  • Richardson Lakes Subdivision

Recreation

  • Cove
  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$156

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: Cove
  • MLS Map #: 622A
  • MAAR Subdivision Name: RICHARDSON LAKES
  • Price Per Sq Ft: 15159.57
  • Miscellaneous: Pond/Lake, Pond/Lake Frontage
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Public Water, Electricity, Septic Tank, Natural Gas

Association/Amenities

  • Amenities: Waterfront, Waterview
  • Uses Of Adjacent Area: Residential

Lot Info

  • Lot Number: 9
  • Acreage: 1.88
  • Lot Size: 1.88
  • Price Per Acre: 17500
  • Zoning: RES
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family, Agriculture

Tax Info

  • Assessor Parcel Number: 093C 093D A00900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2019
Closed on
Jun 12, 2020
Sold by
Smith Zachary L and Smith Danielle
Bought by
Nebtenx Llc
Seller's Agent
Brad Murphy
MidSouth Residential, LLC
Buyer's Agent
Kelly Jankovsky
Epique Realty
List Price
$33,000
Sold Price
$28,500
Premium/Discount to List
-$4,500
-13.64%
Current Estimated Value
$190,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,833
Avg. Annual Appreciation
44.70%

Purchase Details

Listed on
Dec 31, 2018
Closed on
May 14, 2019
Sold by
Hendren Melissa
Bought by
Smith Zachary L and Smith Danielle
Seller's Agent
Kaylee J. Oaks
Hometown Realty
Buyer's Agent
Teresa Ervin
2 Rivers Realty, LLC
List Price
$31,000
Sold Price
$29,900
Premium/Discount to List
-$1,100
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.34%
Original Mortgage
$22,425
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 10, 2018
Closed on
Aug 9, 2018
Sold by
Mcdonough James
Bought by
Hendren Melissa
Seller's Agent
Mary Sutton- REALTOR
KAIZEN Realty, LLC
Buyer's Agent
Charles Hurt
Real Estate Mart of TN, Inc.
List Price
$27,900
Sold Price
$25,000
Premium/Discount to List
-$2,900
-10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.55%

Purchase Details

Closed on
Jul 13, 2015
Sold by
First Citizens National Bank
Bought by
Mcdonough James and Mcdonough Katharine
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nebtenx Llc $28,500 Closetrak Closing & Ttl Svcs
Smith Zachary L $29,900 --
Hendren Melissa $25,000 --
Mcdonough James $31,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Zachary L $22,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $28,500 -13.4% --
01/20/2020 01/20/20 Price Changed $32,900 -0.3% --
10/05/2019 10/05/19 For Sale $33,000 +10.4% --
05/15/2019 05/15/19 Sold $29,900 0.0% --
02/11/2019 02/11/19 Price Changed $29,900 -3.5% --
12/31/2018 12/31/18 For Sale $31,000 +24.0% --
08/09/2018 08/09/18 Sold $25,000 -10.4% --
07/12/2018 07/12/18 Pending -- -- --
06/10/2018 06/10/18 For Sale $27,900 -- --
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 $156 $10,225 $10,225 $0
2023 $156 $10,225 $10,225 $0
2022 $153 $7,500 $7,500 $0
2021 $153 $7,500 $7,500 $0
2020 $153 $7,500 $7,500 $0
2019 $166 $6,850 $6,850 $0
2018 $166 $6,850 $6,850 $0
2017 $166 $6,850 $6,850 $0
2016 $166 $6,850 $6,850 $0
2015 $166 $6,850 $6,850 $0
2014 -- $6,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brad Murphy

    Seller's Agent in 2020

    Brad Murphy

    MidSouth Residential, LLC

    (901) 489-8140

    134 Total Sales

    Brad Murphy
    Section Image
  • Natalie Murphy

    Seller Co-Listing Agent in 2020

    Natalie Murphy

    MidSouth Residential, LLC

    (901) 426-7064

    112 Total Sales

    Natalie Murphy
    Section Image
  • Kelly Jankovsky

    Buyer's Agent in 2020

    Kelly Jankovsky

    Epique Realty

    (731) 413-8080

    190 Total Sales

    Kelly Jankovsky
    Section Image
  • Kaylee J. Oaks

    Seller's Agent in 2019

    Kaylee J. Oaks

    Hometown Realty

    (901) 494-0127

    155 Total Sales

    Kaylee J. Oaks
    Section Image
  • Teresa Ervin

    Buyer's Agent in 2019

    Teresa Ervin

    2 Rivers Realty, LLC

    (901) 487-3790

    73 Total Sales

    Teresa Ervin
    Section Image

  • M

    Seller's Agent in 2018

    Mary Sutton- REALTOR

    KAIZEN Realty, LLC

    (901) 605-7828

    49 Total Sales

    Mary Sutton- REALTOR
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10063482

Memphis Area Association of REALTORS®

APN: 093C-A-009.00

Tennessee Tipton County Drummonds 38023

9 Lake Cove, Drummonds, TN

This home is located at 9 Lake Cove, Drummonds, TN 38023 since 05 October 2019 and is currently estimated at $190,333. 9 Lake Cove is a home located in Tipton County with nearby schools including Drummonds Elementary School, Munford Middle School, and Munford High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes