See Home Value
$198,000 - $240,000
House - Off Market

580 PAYNE

Covington, TN 38019
bedrooms
4 Beds
bathrooms
2 Baths
Sold Jan 17, 2013
$65,696
Sold Aug 10, 2012
$131,997

About This Property

Don't miss this spacious 4 bedroom 2 bath home on corner lot just mins away from the historical downtown square in Covington with lots of shopping.  This home features a HUGE 28x24 livingroom as well as a spacious den, 2 car garage, laminate flooring, fireplace, 2 storage sheds and more!  Call for your personal tour!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$119
HOA Dues
-
Year Built
1976

Price History

Date / Event Date Event Price
May 1, 2024 No longer available -
No longer available
Apr 16, 2024 In contract -
In contract
Mar 24, 2024 Relisted $219,900
Relisted
Mar 22, 2024 No longer available -
No longer available
Mar 13, 2024 In contract -
In contract
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1994
  • 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: Gypsum board (drywall, sheetrock, etc.)
  • 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 Type: Mixed use
  • Garage Square Area: 774
  • Parking Space Count: 3
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 11,050
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 1,798
  • Building Area: 1,798
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,798
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MCLENNAN-PAYNE
  • Land Acres: 0.254
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 01, COUNTY AREA: C44

Ownership

  • Current Owner : WITHAM JAMES H
  • Previous Owner : SECRETARY OF HOUSING AND U
  • Owner Before Previous Owner: TENNESSEE HOUSING DEVELOPM

Neighborhood

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

Geography

  • Assessors Map Reference: 041J
  • District: 01
  • Parcel: 084041J E 01500
  • Block: D
  • Lot: 3
  • Municipality: COVINGTON
  • Latitude: 35.5541
  • Longitude: -89.6521

    Address

  • Full Address: 580 Payne Ave
  • Address - House Number: 580
  • Address - Street Name: Payne
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Covington
  • Carrier Code: C003
  • 4-Digit Zip Code: 3016
  • Zip Code: 38019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,301
  • Tax Rate Code Area: 84A04

    Appraisal Valuation

  • Standard Deviation: 0.0959
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 91
  • Final Value: 221,189
  • High Value: 242,415
  • Low Value: 199,962

    Market Valuation

  • Market Total Value: $225,400
  • Market Land Value: $20,400
  • Market Improvement Value: $205,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,350
  • Assessed Land Value: $5,100
  • Assessed Improvements Value: $51,250

    Sales

  • Current Sale Contract Date: Jan 14, 2013
  • Current Sale Recording Date: Jan 17, 2013
  • Current Sale Transaction ID: 1146350126
  • Current Sale Price: $65,696
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 163584
  • Previous Sale Recording Date: Aug 10, 2012
  • Previous Sale Contract Date: Jul 13, 2012
  • Previous Sale Amount: $131,997
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INSOUTH BANK
  • First Mortgage Transaction Date: Jan 17, 2013
  • First Mortgage Loan Amount: $49,272
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$189,000 Apr 12, 2024
-
$576/mo

About McLennan-Payne


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Frequently Asked Questions

When was property at 580 Payne Avenue built and last sold?
The property at 580 Payne Avenue was built in 1976 and last sold on Jan 14, 2013 for $65,696.
How much is this home worth?
The estimated value of the home located at 580 Payne Avenue is $222,099.
What are some comparable homes to 580 Payne Avenue?
Homes that are comparable to 580 Payne Avenue include a house property at 736 South High Street, located in Covington, TN.

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