540 Payne Ave, Covington, TN 38019
Property image
Property image
OFF MARKET

$187,900

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,308 sqft

540 Payne Ave, Covington, TN 38019

Est. Refi. Payment $1,158/mo*
Refinance Your Home
Currently Off Market - Sold Nov 12, 2020 for $125,000

Home Value

Trulia Estimate
$188K
Since last month
Increased$1K (+0.6%)
Since last year
Decreased$4K (-2.1%)
Since last sale
Increased$63K (+50.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +140% in the last 10 years
MonthEstimated value
2026
August 2026$188K
August 2026$188K
July 2026$187K
June 2026$187K
May 2026$191K
April 2026$191K
March 2026$188K
February 2026$188K
January 2026$186K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
711 S Main St, Covington, TN
0.38
Single-Family Home
$130,000
10/24/25
2
2
1,295
446 Lennanwood Ave, Covington, TN
0.06
Single-Family Home
$108,500
08/28/26
2
1
1,000
714 W Sherrod Ave, Covington, TN
0.15
Single-Family Home
$185,000
01/05/26
2
1.5
1,435
505 Lennanwood Ave, Covington, TN
0.09
Single-Family Home
$145,000
06/18/26
4
2
1,953
508 Payne Ave, Covington, TN
0.05
Single-Family Home
$82,000
03/05/26
4
2
1,850
503 Terrace Dr, Covington, TN
0.18
Single-Family Home
$145,292
12/08/25
2
3
2,070
210 Kinney Ave, Covington, TN
0.33
Single-Family Home
$149,900
03/19/26
3
1.5
1,358
212 Boals Ave, Covington, TN
0.29
Single-Family Home
$106,500
05/01/26
3
1.5
1,222
411 Donna Ave, Covington, TN
0.36
Single-Family Home
$120,000
07/14/26
3
2
1,518
4154 Highway 59 W, Covington, TN
0.33
Single-Family Home
$155,000
04/23/26
3
2
1,305

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
580 Payne Ave, Covington, TN 38019
0.02
$233,700
4
2
2,308
Off Market
510 Payne Ave, Covington, TN 38019
0.03
$246,200
4
3
-
Off Market
594 Talley Ave, Covington, TN 38019
0.08
$297,200
4
3.5
2,664
Off Market
1015 Crestview St, Covington, TN 38019
0.07
$168,300
4
2.5
2,094
Off Market
446 Lennanwood Ave, Covington, TN 38019
0.06
$108,500
2
1
1,000
Recently Sold
635 Oakview Ave, Covington, TN 38019
0.10
$460,000
4
2.5
4,312
Recently Sold
515 Edgewood Ave, Covington, TN 38019
0.09
$161,000
2
1
1,000
Off Market
1221 Crestview St, Covington, TN 38019
0.11
$193,700
3
2
1,176
Off Market
511 Edgewood Ave, Covington, TN 38019
0.10
$220,900
3
2
1,758
Off Market
505 Lennanwood Ave, Covington, TN 38019
0.09
$145,000
4
2
1,953
Recently Sold
1004 Crestview St, Covington, TN 38019
0.10
$241,600
3
2
1,530
Off Market
505 Danning Cir, Covington, TN 38019
0.09
$163,700
2
1
1,018
Off Market

Local Information

  • Map ViewExplore the area around 540 Payne Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1976
1,308 sqft
$144/sqft
Garage

About this House

This single-family home is located at 540 Payne Ave, Covington, TN. 540 Payne Ave is in Covington, TN and in ZIP code 38019. This property has 2 bedrooms, 2 bathrooms and approximately 1,308 sqft of floor space. This property has a lot size of 10625 sqft and was built in 1976.
540 Payne Ave, Covington, TN 38019 is a 2 bedroom, 2 bathroom, 1,308 sqft single-family home built in 1976. It last sold for $125,000 on Nov 12, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $187,900, with a rent estimate of $1,333/month.

Home Details for 540 Payne Ave

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet, Linoleum Vinyl
Interior Details
Types of Rooms: Dining RoomCeiling Fan

Exterior Features

Exterior Home Features
Roof: CompositionExterior: BrickFoundation Type: FootingPatioPorch
Parking & Garage
GarageParking Space: 1Parking: Garage Attached, Garage Detached

Property Information

Year Built
Year Built: 1976Year Updated: 1976
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 10624 sqft

Price and Tax history

DateEventPrice
Nov 12, 2020
Source: MAAR #10084235
Sold
$125,000
Sep 4, 2020
Source: Agent Provided
Listed For Sale
$119,900
Jan 6, 2017
Source: N/A
Sold
$80,000
Sep 12, 2016
Source: Agent Provided
PriceChange
$82,900
Price decreased by 8%
Jul 27, 2016
Source: Agent Provided
Listed For Sale
$89,900

Market trends in Covington

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
63
7MoM

Around this home

What Locals Say about Covington

At least 33 Trulia users voted on each feature.

  • 86 % Say yards are well-kept

  • 83 % Say car is needed

  • 81 % Say parking is easy

  • 75 % Say there's holiday spirit

  • 68 % Say kids play outside

  • 49 % Say it's quiet

  • 49 % Say people would walk alone at night

  • 47 % Say neighbors are friendly

  • 45 % Say it's dog friendly

  • 44 % Say they plan to stay for at least 5 years

  • 39 % Say there's wildlife

  • 38 % Say streets are well-lit

  • 38 % Say it's walkable to grocery stores

  • 37 % Say there are sidewalks

  • 31 % Say there are community events

  • 27 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Priscilla.rockwood
    "I live near the historic square and it is a wonderful place to live. The community is very friendly with lots of activities always going on. During the past tornado the whole town came together to help each other out. "
    1
    Flag
  • Twoodland71
    "There are a lot of great people that live in my community and the kids can be kids, have fun as well as make friends. "
    3
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 540 Payne Ave

  • What is 540 Payne Ave estimated to be worth?
    Trulia's estimated value for 540 Payne Ave in Covington, TN is $187,900.
  • What is the price history for 540 Payne Ave?
    540 Payne Ave in Covington, TN last sold for $125,000 in November 2020.
  • Is Covington a buyer's or seller's market?
    Covington is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Covington?
    Residents describe Covington, TN as well-kept and easy to park in. Most residents say you need a car. See recently sold homes in Covington, TN.
  • Does 540 Payne Ave have air conditioning?
    Yes, 540 Payne Ave in Covington, TN has air conditioning.
  • How big is the lot at 540 Payne Ave?
    The lot at 540 Payne Ave in Covington, TN is about 0.24 acres (10,625 sq ft).

Explore by feature - Pet Friendly

6 pet-friendly rentals in Covington, TN

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