This quaint home is located on a corner lot convenient to all amenities Covington has to offer. With over 2000 sq ft possibilities are endless. This home has 2BR and 3 ba with room to expand. The living room centered with fireplace and formal dining attached add to the appeal. The separate den has built ins for a custom feel. Call your realtor to set a time to look inside, Available for immediate occupancy.
For sale
Price cut: $9K (6/5)
$176,000
503 Terrace Dr, Covington, TN 38019
2beds
2,070sqft
Single Family Residence
Built in 1947
10,683 Square Feet Lot
$169,600 Zestimate®
$85/sqft
$-- HOA
What's special
Corner lotFormal dining attached
- 81 days |
- 294 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Barbara M Wilson,
Unique Properties 731-635-3660
Source: CWTAR,MLS#: 2601669
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 231
- Dimensions: 21.0 x 11.0
Bedroom
- Level: Main
- Area: 120
- Dimensions: 12.0 x 10.0
Kitchen
- Level: Main
- Area: 156
- Dimensions: 13.0 x 12.0
Appliances
- Included: Dishwasher, Refrigerator
Features
- Flooring: Carpet, Hardwood
- Has fireplace: Yes
- Fireplace features: Masonry
Interior area
- Total interior livable area: 2,070 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport
- Carport spaces: 1
Features
- Levels: One
Lot
- Size: 10,683 Square Feet
- Dimensions: 75 x 142.45 /145.6
Details
- Parcel number: 041G H 006.00
- Special conditions: HUD Owned
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Composition
Condition
- false
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: None
Location
- Region: Covington
Financial & listing details
- Price per square foot: $85/sqft
- Tax assessed value: $179,000
- Annual tax amount: $1,134
- Date on market: 4/14/2026
Estimated market value
$169,600
$161,000 - $178,000
$1,851/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Price change | $176,000-4.9%$85/sqft |
Source:  MAAR #10214131 Report a problem | ||
| 5/7/2026 | Price change | $185,000-3.6%$89/sqft |
Source: MAAR #10214131 Report a problem | ||
| 4/7/2026 | Price change | $192,000-4%$93/sqft |
Source: MAAR #10214131 Report a problem | ||
| 3/10/2026 | Price change | $199,900-3.7%$97/sqft |
Source: MAAR #10214131 Report a problem | ||
| 2/6/2026 | Listed for sale | $207,500+42.8%$100/sqft |
Source: MAAR #10214131 Report a problem | ||
| 12/8/2025 | Sold | $145,292+3.8%$70/sqft |
Source: Public Record Report a problem | ||
| 11/21/2019 | Sold | $140,000$68/sqft |
Source: MAAR #10062560 Report a problem | ||
| 9/24/2019 | Listed for sale | $140,000+86.7%$68/sqft |
Source: MidSouth Residential, LLC #10062560 Report a problem | ||
| 6/14/1999 | Sold | $75,000$36/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,134 | $44,750 |
| 2024 | $1,134 | $44,750 |
| 2023 | $1,134 +10.6% | $44,750 +43.2% |
| 2022 | $1,025 | $31,250 |
| 2021 | $1,025 +0% | $31,250 |
| 2020 | $1,025 +16.5% | $31,250 +33.1% |
| 2019 | $880 +0% | $23,475 |
| 2018 | $880 +0% | $23,475 |
| 2017 | $880 | $23,475 |
| 2016 | $880 +0% | $23,475 |
| 2015 | $880 +0.1% | $23,475 +0.1% |
| 2014 | $879 | $23,458 |
| 2013 | -- | $23,458 -6.8% |
| 2012 | $888 | $25,167 |
| 2011 | $888 | $25,167 |
| 2010 | $888 | $25,167 |
| 2009 | $888 | $25,167 |
| 2008 | $888 | $25,167 |
| 2007 | -- | $25,167 +11.5% |
| 2006 | $891 | $22,567 |
| 2005 | $891 | $22,567 |
| 2004 | $891 | $22,567 |
| 2002 | $891 | $22,567 |
| 2001 | -- | $22,567 -73.3% |
| 2000 | -- | $84,497 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 38019
Nearby schools
GreatSchools rating
- 3/10Crestview Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Crestview Middle SchoolGrades: 6-8Distance: 0.3 mi
- 5/10Covington High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- District: Tipton County Schools
Source: CWTAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Tennessee
- Tipton County
- Covington
- 38019
- 503 Terrace Dr
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Nearby zip codes
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