NOT LISTED FOR SALE

1000 E Martin Luther King Blvd Unit 201 Chattanooga, TN 37403

Arts District Neighborhood

Estimated Value: $337,431 - $411,000

1 Bed
2 Baths
1,336 Sq Ft
$278/Sq Ft Est. Value

Last Sold April 15, 2020

Last sale price $240,000 $180 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,507/month

Highlights

  • 0.87 Acre Lot
  • Cooling Available
  • Central Heating
  • Walk-In Closet
  • Tile Flooring
  • 2-minute walk to Ted R. Bryant Sr. Park

About This Home

As of April 2020

Historic, Park Place School condos offer luxurious living in the revitalized, Downtown District. This condo features soaring 12 foot ceilings, travertine marble floors, custom millwork and wood trim stained and varnished to match the original woodwork, granite countertops, and stainless steel appliances. Loads of natural light and views of Lookout Mountain! The amenities, price, and location are all spectacular. Walk or ride your bike to the many Downtown attractions and eateries. Jump on the University Greenway, walk to one of the many Downtown Friday night concerts or attend a Sunday market to get fresh, locally grown produce. Park Place School Condos feature Downtown living at its best. Call for your private showing.

Last Agent to Sell the Property

Elizabeth Moyer

Greater Downtown Realty dba Keller Williams Realty Brokerage Phone: 4236454224 License #318688,307898 Listed on: 03/19/2020

Greater Downtown Realty dba Keller Williams Realty

Last Buyer's Agent

Dave Goodyear

Greater Downtown Realty dba Keller Williams Realty License #397185,345871

Greater Downtown Realty dba Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,193

Year Built

  • Built in 2007

Lot Details

  • 0.87 Acre Lot
  • Level Lot

HOA Fees

  • $193 Monthly HOA Fees

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • 1,336 Sq Ft Home
  • Property has 1 Level
  • Elevator
  • Tile Flooring
  • Fire and Smoke Detector
  • Microwave

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Orchard Knob Middle School
  • Howard School Of Academics Technology High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Park Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 146H Q 007 C201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,193

Year Built

Built in 2007

Lot Details

0

HOA Fees

$193 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Other Condo
  • Year Built: 2007
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Attribution Contact: 4236454224
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Elevator, Entry Foyer, High Ceilings, Open Floorplan, Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Washer, Refrigerator, Microwave, Dryer
  • Fireplace: No
  • Flooring: Tile
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Has Basement: Other
  • Above Grade Finished Sq Ft: 1336
  • Building Area Units: Square Feet
  • Living Area: 1336
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Other, Brick
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 193
  • Association Fee Frequency: Monthly
  • Amenities: Sidewalks
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.87
  • Lot Size Units: Acres
  • Parcel #: 146H Q 007 C201
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2193

MLS Schools

  • High School: Howard School Of Academics Technology
  • Middle Or Junior School: Orchard Knob Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Apr 16, 2020
Sold by
Shugarts Tyler Scott and Cavitt Alexandra Lea
Bought by
Bennett Rodney H
Seller's Agent
Elizabeth Moyer
Greater Downtown Realty dba Keller Williams Realty
Buyer's Agent
Dave Goodyear
Greater Downtown Realty dba Keller Williams Realty
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%
Current Estimated Value
$402,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,241
Avg. Annual Appreciation
8.58%
Original Mortgage
$192,000
Outstanding Balance
$171,317
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$200,541

Purchase Details

Closed on
May 19, 2017
Sold by
Lagoo Tarr Amanda
Bought by
Shugarts Tyler Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2007
Sold by
Johnson Thomas L
Bought by
Tarr Geoffrey and Lagoo Tarr Amanda
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bennett Rodney H $240,000 Cumberland Ttl & Guaranty Co
Shugarts Tyler Scott $210,000 None Available
Tarr Geoffrey $203,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Rodney H $192,000
Previous Owner Shugarts Tyler Scott $168,000
Previous Owner Tarr Geoffrey $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2020 04/15/20 Sold $240,000 -2.0% $180 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $245,000 -- $183 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,330 $59,450 $0 $0
2023 $1,330 $59,450 $0 $0
2022 $1,330 $59,450 $0 $0
2021 $1,330 $59,450 $0 $0
2020 $1,203 $43,500 $0 $0
2019 $1,203 $43,500 $0 $0
2018 $1,117 $43,500 $0 $0
2017 $1,203 $43,500 $0 $0
2016 $1,123 $0 $0 $0
2015 $2,175 $0 $0 $0
2014 $2,175 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2340167

Realtracs

APN: 146H-Q-007-C201