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417 Park Street

417 Park Street, Covington, TN 38019
Property in Tipton
Sold Dec 01, 2022
$125,000
$118,750 by Navy Federal Credit Union
Mortgage Due Dec 01, 2052
Sold Sep 04, 2018
$102,000
$91,800 by Patriot Bank
Mortgage Due Jan 01, 2048
417 Park Street 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 1954 and is 70 years old. However, we must point out that the home was most recently renovated and altered in 1975. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 417 Park Street has 1,503 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,460 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 10,220 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 detached garage for those who require parking. The garage measured 350 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. 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 brick. 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 a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 417 Park Street sold most recently in Nov 22, 2022 for a total of $125,000. If you work out the math, that's approximately a cost of $83.17 per sqft. Before that, the property was also sold for $102,000 in Aug 30, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $910 in taxes each year. The initial year of tax delinquency occurred in 2019. 417 Park Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,200. If we break it down further, the land itself was valued at $3,375. Improvements to the property, however, were assessed at a total of $35,825. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1954
  • Effective Year Built: 1975
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 350
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,220
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,503
  • Building Area: 1,503
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,503
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PARK PLACE SUB
  • Land Acres: 0.235
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 01, COUNTY AREA: C43

Ownership

  • Current Owner : KEES VICTOR LEE
  • Previous Owner : ZIMMERMAN CHARLES W
  • Previous Owner 2: ZIMMERMAN BETH D
  • Owner Before Previous Owner: HUFFMAN JOSH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Tipton County School District
  • School Tax School District: 84171
  • Census Tract: 040700

Geography

  • Assessors Map Reference: 041F
  • District: 01
  • Parcel: 084041F D 01100
  • Municipality: COVINGTON
  • Latitude: 35.5602
  • Longitude: -89.6426

    Address

  • Full Address: 417 Park St
  • Address - House Number: 417
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: TN
  • City Name: Covington
  • Carrier Code: C002
  • 4-Digit Zip Code: 2619
  • Zip Code: 38019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $910
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 84A04

    Appraisal Valuation

  • Standard Deviation: 0.4721
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 5
  • Final Value: 180,884
  • High Value: 266,294
  • Low Value: 95,473

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $118,750
  • First Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Dec 01, 2022
  • First Open Lien Mortgage Loan Amount: $118,750
  • 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: Dec 01, 2052

    Market Valuation

  • Market Total Value: $156,800
  • Market Land Value: $13,500
  • Market Improvement Value: $143,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,200
  • Assessed Land Value: $3,375
  • Assessed Improvements Value: $35,825

    Sales

  • Current Sale Contract Date: Nov 22, 2022
  • Current Sale Recording Date: Dec 01, 2022
  • Current Sale Transaction ID: 11899174157
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 262425
  • Previous Sale Recording Date: Sep 04, 2018
  • Previous Sale Contract Date: Aug 30, 2018
  • Previous Sale Amount: $102,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Dec 01, 2022
  • First Mortgage Loan Amount: $118,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PATRIOT BANK
  • Previous Mortgage Transaction Date: Sep 04, 2018
  • Previous Mortgage Loan Amount: $91,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2048

About Covington



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Frequently Asked Questions

What neighborhood is 417 Park Street located in?
The 417 Park Street is a located in the neighborhood of Tipton in Covington, Covington.
What is the average sales price for listings in 417 Park Street?
The average sales price for units in 417 Park Street is $0 currently.

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