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3589 Covington Pike

Memphis, TN 38128

2 bd 2 ba 909 sqft Built 1993 Lot 2,808 sqft condo
Most recent sale
$75,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2022 Sold $75,000 Public Record
Jun 17, 2022 Sold $75,000 Memphis
Jun 1, 2022 Listed $75,000 MLS #10125195
May 24, 2022 Sold $70,000 Memphis
May 18, 2022 Price changed $80,000 MLS #10118087
Feb 22, 2022 Listed $85,000 MLS #10118087
Sep 9, 2016 Listing removed $63,704 Memphis
Aug 12, 2016 Listed $63,704 MLS #9984021
Jul 8, 2016 Sold $52,000 Public Record
Jun 17, 2016 Listing removed $55,000 Memphis
May 3, 2016 Listed $55,000 MLS #9976288
Mar 18, 2009 Listing removed $58,000 Memphis
Oct 13, 2008 Listed $58,000 MLS #3155529
Nov 9, 1998 Sold $64,500 Public Record
Jan 1, 1998 Sold $64,500 Public Record
Feb 10, 1995 Sold $80,600 Public Record
Jan 1, 1995 Sold $80,600 Public Record
Nov 6, 1992 Sold $7,700,000 Public Record
Jan 1, 1992 Sold $7,700,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $17,600 $2,100 $19,700 $1,038
2024 $17,600 $2,100 $19,700 $1,022
2023 $13,425 $2,100 $15,525 $945
2022 $13,425 $2,100 $15,525 $945
2021 $13,425 $2,100 $15,525 $956
2020 $14,250 $2,100 $16,350 $1,184
2019 $14,250 $2,100 $16,350 $1,184
2018 $14,250 $2,100 $16,350 $1,184
2017 $14,250 $2,100 $16,350 $671
2016 $16,225 $25 $16,250 $710
2015 $16,225 $25 $16,250 $710
2014 $16,225 $25 $16,250 $710
2013 $16,225 $25 $16,250 $711
2012 $19,725 $25 $19,750 $793
2010 $19,725 $25 $19,750 $793
2007 $19,725 $25 $19,750 $1,475
2006 $19,725 $25 $19,750 $1,475

Property facts

Year built
1993
Property type
condo
Stories
1
Beds
2
Baths
2
Living area
909 sqft
Lot size
2,808 sqft
ZIP code
38128
City
Memphis
Street
Covington Pike
Coordinates
35.22342, -89.89477

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$450
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3589 Covington Pike last sell?
3589 Covington Pike most recently sold on Jul 1, 2022 for $75,000.
What is the current tax assessment for 3589 Covington Pike?
The most recent total assessment for 3589 Covington Pike (year 2025) is $19,700 with $1,038 in property tax.
How does 3589 Covington Pike's assessment compare to its last sale price?
The current assessment is 73.7% below the last sale price of $75,000.
When was 3589 Covington Pike built?
3589 Covington Pike was built in 1993.
How does 3589 Covington Pike compare to others on Covington Pike?
We track 8 other properties on Covington Pike. Browse the list under "Other properties on Covington Pike" to compare beds, baths, and sale history.
What are the property facts for 3589 Covington Pike?
3589 Covington Pike is a 2 bed, 2 bath, 909 sqft, 2,808 sqft lot condo.
Is 3589 Covington Pike a flip candidate?
No — 3589 Covington Pike does not appear in our flips dataset.
Is 3589 Covington Pike a tax-appeal candidate?
No — 3589 Covington Pike is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.0%
Implied 1-yr
-3.9%
2026 Q3
$411.2K
2026 Q4
$406.9K
ZIP 38128 — Median Price History + Forecast

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