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1925 Leighs Chapel Road

1925 Leighs Chapel Road, Covington, TN 38019
Property in Tipton
Sold Jan 26, 2021
$100,000
$105,813 by Patriot Bank
Mortgage Due Feb 01, 2051
Sold Jun 06, 2008
$115,000
$85,000 by Patriot Bank
Mortgage Due Jun 06, 2038
1925 Leighs Chapel Road has been categorized by the local assessors in Covington, TN as a residential type of property. The building on the property was first built in 1978 and is 46 years old. However, we must point out that the home was most recently renovated and altered in 1988. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1925 Leighs Chapel Road has 1,496 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 43,560 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 440 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of unknown. While the interior walls have been made of paneling. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1925 Leighs Chapel Road sold most recently in Jan 22, 2021 for a total of $100,000. If you work out the math, that's approximately a cost of $66.84 per sqft. Before that, the property was also sold for $115,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $544 in taxes each year. 1925 Leighs Chapel Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $38,075. If we break it down further, the land itself was valued at $5,275. Improvements to the property, however, were assessed at a total of $32,800. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C+
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,496
  • Building Area: 1,496
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,496
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 01, COUNTY AREA: C64

Ownership

  • Current Owner : PARK ASHLEY B
  • Previous Owner : PARK BELINDA D
  • Previous Owner 2: PARK DAVID N
  • Owner Before Previous Owner: HURT CHARLES G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tipton County School District
  • Census Tract: 040601

Geography

  • Assessors Map Reference: 018
  • District: 01
  • Parcel: 084018 03001
  • Latitude: 35.6038
  • Longitude: -89.6669

    Address

  • Full Address: 1925 Leighs Chapel Rd
  • Address - House Number: 1925
  • Address - Street Name: Leighs Chapel
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Covington
  • Carrier Code: R004
  • 4-Digit Zip Code: 4523
  • Zip Code: 38019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $544
  • Tax Rate Code Area: 84A00

    Appraisal Valuation

  • Standard Deviation: 0.2776
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 60
  • Final Value: 161,586
  • High Value: 206,443
  • Low Value: 116,729

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $105,813
  • First Open Lien Mortgage Lender: PATRIOT BANK
  • First Open Lien Mortgage Recording Date: Jan 26, 2021
  • First Open Lien Mortgage Loan Amount: $105,813
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $152,300
  • Market Land Value: $21,100
  • Market Improvement Value: $131,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,075
  • Assessed Land Value: $5,275
  • Assessed Improvements Value: $32,800

    Sales

  • Current Sale Contract Date: Jan 22, 2021
  • Current Sale Recording Date: Jan 26, 2021
  • Current Sale Transaction ID: 11815779396
  • Current Sale Price: $100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 241046
  • Previous Sale Recording Date: Jun 06, 2008
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PATRIOT BANK
  • First Mortgage Transaction Date: Jan 26, 2021
  • First Mortgage Loan Amount: $105,813
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PATRIOT BANK
  • Previous Mortgage Transaction Date: Jun 11, 2008
  • Previous Mortgage Loan Amount: $85,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 06, 2038

About Tipton



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Frequently Asked Questions

What neighborhood is 1925 Leighs Chapel Road located in?
The 1925 Leighs Chapel Road is a located in the neighborhood of Tipton in Tipton, Covington.
What is the average sales price for listings in 1925 Leighs Chapel Road?
The average sales price for units in 1925 Leighs Chapel Road is $0 currently.

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