Welcome to this beautifully maintained ranch-style home perfectly situated on a spacious, level lot in a quiet neighborhood just minutes from the vibrant heart of Covington, famously known as the “Hollywood of the South.” Step inside to a bright, open floor plan with hard-surface flooring throughout and no carpet, a spacious family room with vaulted ceilings and a cozy fireplace, and a functional kitchen with abundant cabinet space. The primary suite offers tray ceilings, generous natural light, and an en-suite bathroom with a soaking tub and separate shower, while additional bedrooms provide versatile space for family, guests, or a home office. Outside, a fully fenced backyard creates the perfect setting for pets, play, or private entertaining. This prime location puts you close to Covington’s most popular attractions, including the Mystic Falls/Vampire Stalkers Tours, Pop-Up TV & Film Museum, charming Downtown Covington Square with local shops, Mystic Grill, farmers markets, and frequent community events, as well as Turner Lake, Academy Springs Park, and the scenic Eastside Trail for outdoor recreation. Whether you’re a first-time buyer, downsizer, or investor, this move-in ready home blends comfort, convenience, and Covington charm—schedule your private showing today.
Single-familyProperty Type
2004Year Built
7,405 sq ftLot Size
$184Est. Price/Sq.Ft.
2 car garageParking
Listed by Phung Phong• Virtual Properties Realty. Biz
Listed by ChaoYang You• Virtual Properties Realty. Biz
Bought with Shameka Small• Mainstay Brokerage LLC
Source:FMLS #7659504
Redfin Estimate
$269,988
$30K since sold in November 2025$1,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 6.7% higher than the average sale price ($253K) of 6 comparable homes.
TAKE A LOOK AT THIS GREAT 3 BEDROOM 2.5 BATH RANCH ON NICE LOT WITH BRIGHT OPEN FLOOR PLAN, COZY FIREPLACE IN FAMILY ROOM, LOVELY MASTER SUITE, PLENTY OF STORAGE SPACE, AND MUCH MORE!! DON'T MISS OUT ON THIS GREAT OPPORTUNITY!!
GAMLS #1
Mar 18, 2011
Price Changed
$49,900
$34/sq ft
Public Records
Aug 6, 2004
Sold
$600,000
$408/sq ft
Public Records
Oct 14, 2003
Sold
$1,344,000
$915/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,730 (+4.5%)
$16,000 + $91,080
$107,080
2024
$2,614 (−2.7%)
$16,000 + $91,080
$107,080
2023
$2,685 (+26.3%)
$7,200 + $96,520
$103,720
2022
$2,125 (+17.2%)
$7,200 + $69,000
$76,200
2021
$1,813 (+3.1%)
$7,200 + $50,680
$57,880
2020
$1,759 (−1.8%)
$7,200 + $43,480
$50,680
2019
$1,790 (+17.2%)
$7,200 + $43,640
$50,840
2018
$1,527 (+5.6%)
$4,800 + $38,040
$42,840
2017
$1,446 (+6.9%)
$4,800 + $35,680
$40,480
2016
$1,353 (+32.1%)
$4,800 + $35,680
$40,480
2014
$1,024 (+51.1%)
$2,000 + $26,320
$28,320
2013
$678 (−7.9%)
$2,000 + $15,280
$17,280
2012
$736 (−9.3%)
2011
$811 (−6.1%)
2010
$864 (−35.2%)
2008
$1,332
Tax history for 420 Spring Lake Ter
Year
Property tax
Land + Additions
Assessment*
2025
$2,730 (+4.5%)
$16,000 + $91,080
$107,080
2024
$2,614 (−2.7%)
$16,000 + $91,080
$107,080
2023
$2,685 (+26.3%)
$7,200 + $96,520
$103,720
2022
$2,125 (+17.2%)
$7,200 + $69,000
$76,200
2021
$1,813 (+3.1%)
$7,200 + $50,680
$57,880
2020
$1,759 (−1.8%)
$7,200 + $43,480
$50,680
2019
$1,790 (+17.2%)
$7,200 + $43,640
$50,840
2018
$1,527 (+5.6%)
$4,800 + $38,040
$42,840
2017
$1,446 (+6.9%)
$4,800 + $35,680
$40,480
2016
$1,353 (+32.1%)
$4,800 + $35,680
$40,480
2014
$1,024 (+51.1%)
$2,000 + $26,320
$28,320
2013
$678 (−7.9%)
$2,000 + $15,280
$17,280
2012
$736 (−9.3%)
2011
$811 (−6.1%)
2010
$864 (−35.2%)
2008
$1,332
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.