505 Walton Loop, Covington, TN 38019 Property Records

Tipton County property record for 505 Walton Loop, Covington, TN 38019

Property Summary

Property Type	Single Family Home
Details	2 ba · 1,054 sqft · built 1979
Lot Size	0.48 acres (20,909 sqft)
Owner	Company Name on Record
Last Sale	$622,000 (Dec 2024)
Tax Bill	$332 (2025)
Deeds & Mortgages	Dec 2024 Sale & Mortgage Mar 2022 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`084040E B 01600`

Property Details

APN / Parcel Number

Primary APN	`084040E B 01600`
Alternative APN	`040E B 01600`

Interior

Full Baths	2 Baths
Plumbing Fixtures	5 Plumbing Fixtures
Stories	1 Story
Building Area	1,054 sqft Living Area
1st Floor Area	1,054 sqft
Basement Area	180 sqft
Finished Basement	180 sqft
Flooring	Carpet
Interior Walls	Paneling

Exterior

Year Built	Built 1979
Effective Year Built	Effective 1994
Exterior Material	Siding
Foundation Type	Footing
Roof Type	Gable/Hip
Roof Material	Composition Shingle
Lot Area	20,909 sqft (0.48 acres)
Lot Dimensions	175 ft deep x 120 ft wide
Terrain	Rolling
Porch	Open Porch
Porch Area	84 sqft
Utility Building	192 sqft

Utilities, Heating & Cooling

Heating System	Radiant
Sewer	Connected
Water Source	Commercial

Location & Zoning

Street Address	505 WALTON LOOP
City	COVINGTON
State	TN
Zip	38019-5661
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	DISTRICT: 01 OUT PARCEL, COUNTY AREA: C63
Legal Subdivision	TATLOCK LAKE ROAD SUBD
Jurisdiction	TIPTON TN
Township / Civil Division	1
Census Block Group	3
Census Block	3006
Census Tract	40601

Owner

Source: Tipton County records, as of January 19, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	2230 ATOKA IDAVILLE RD, ATOKA, TN 38004-7305
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Dec 23, 2024	Warranty Deed, Transfer · Non-Conforming Investor Loan SPHINX CAPITAL LLC
Mar 23, 2022	Deed of Trust, Mortgage · Commercial Mortgage BANCORPSOUTH BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 23, 2024 · Amount on Record
Deed Sale	Dec 23, 2024 · Amount on Record
Prior Sale	Jan 3, 2014 · Amount on Record
Deed Document Number	279809
Deed Book / Page	2064 / 720
Record Updated	Jun 8, 2026

December 2024: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	TIPTON TN
Recording Date	Dec 23, 2024
Property Address	505 WALTON LOOP, COVINGTON, TN 38019-5661
Document Number	0002064720
Book / Page	2064 / 720
Map Reference	MB 1 PG 38
Instrument Date	Dec 19, 2024
Instrument	279809
Transaction Type	Transfer
Record Updated	Jan 20, 2026

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$2,301.40
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2230 ATOKA IDAVILLE RD, ATOKA, TN 38004-7305
Investor	Possibly a Property Investor

Mortgage

Document Number	0000279810
Date	Dec 23, 2024
Instrument	279810

Lender

Name	SPHINX CAPITAL LLC
Type	Non-Lending Institution

Agreement

Type	Non-Conforming Investor Loan
Amount	Amount Recorded
Term	13 Months
Due	Jan 1, 2026

March 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	TIPTON TN
Property Address	505 WALTON LOOP, COVINGTON, TN 38019-5661
Transaction Type	Mortgage
Record Updated	Sep 14, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0001951611
Date	Mar 23, 2022
Book Page	1951/611
Instrument	255283

Lender

Name	BANCORPSOUTH BANK
Type	Bank
Address	COLLIERVILLE, TN 38017

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Tax Assessment & Valuation

Source: Tipton County assessment roll, as of May 20, 2025

Property Jurisdictions

Type	Name
State	Tennessee
County	Tipton County
Unified School District	Tipton County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$332.00 (+5.06%)	$21,850 (-) Land $4,425 Building $17,425
2023		$21,850 (+40.97%) Land $4,425 Building $17,425
2022	$316.00	$15,500 Land $3,250 Building $12,250	$62,000 (-29.06%) Land $13,000 Building $49,000
2020			$87,400 Land $17,700 Building $69,700

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective August 28, 2019

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 99.1% of the US · lower than 99.2% of Tennessee
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	FIRST U.D. OF TIPTON COUNTY serves 9,340 people · EPA ID TN0000703
Water Source	Groundwater
Last State Inspection	Jul 2024
Lead	1 ppb (2026–2028) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 21 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	1,200 / 35
Aeneas Communications Fiber	1,000 / 1,000
Verizon Fixed Wireless	300 / 20

Cell Coverage

5G (outdoors only) and 4G LTE

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