NOT LISTED FOR SALE

Estimated Value: $98,000 - $157,403

2 Beds
1 Bath
762 Sq Ft
$180/Sq Ft Est. Value

Last Sold March 08, 2018

Last sale price $32,000 $42 Per Sq Ft

Est. 328% increase in value since last sale

Current estimated payment $799/month

2 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Covered Patio or Porch
  • Deck
  • No HOA
  • Bathtub with Shower

About This Home

As of March 2018

108 N Lake Terr Rossville GA 30741 $41k Lottery round available to government and nonprofit through 12/7/2017. HUD Owned home case # 104-0041729. For more detail on bidding process and time-lines see www.hudhomestore.com, “Uninsurable” means ineligible for FHA lending. Requires $500 earnest money. 2 BR 1 BA quiet street, really nice, new back deck, 756 sq ft built 1950! Come bring your tools and finish up this potentially cute cottage! Good sized living& kitchen. HVAC looks pretty new as well! Place bids on HUD homes using HUD registered Selling agent. Buyer responsible for replacing any missing utility meters. For security, buyer is not given a key at closing must rekey or change out locks. Information provided in the MLS is taken from tax records and property observation and is provided as a general guideline but is not guaranteed. Buyer is advised to perform inspections and verify all information.

Last Agent to Sell the Property

Jennifer Newton

Crye-Leike, REALTORS License #268704 Listed on: 02/06/2018

Crye-Leike, REALTORS

Last Buyer's Agent

David Shipley

RE/MAX Properties License #284775

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $285

Year Built

  • Built in 1950

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 106x165
  • Gentle Sloping Lot

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 762 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Insulated Windows
  • Living Room
  • Wood Flooring
  • Basement
  • Crawl Space
  • Dishwasher
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Cloud Springs Elementary School
  • Lakeview Middle School
  • Lakeview-Ft. Oglethorpe High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • F M Wells Subdivision

Listing and Financial Details

  • HUD Owned
  • Assessor Parcel Number 0001b-090

Home Details

Home Type

Single Family

Est. Annual Taxes

$285

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Lot Size: 106X165
  • Subdivision Name: F M Wells
  • Directions: From DT, take 24E to exit 181 onto US 41/Ringgold Rd, by taking 2nd exit around the traffic circle, through East Ridge Ringgold Rd tunnels, .7mi to S Seminole Dr, R .9 mi L Bennett Rd, .2 mi R Greens Lake into GA, .3 mi make onto R Lakeview Dr R onto N Lake Terrace home on R close to end of this short street.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 762.0
  • New Construction: No
  • Year Built: 1950
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 0001b-090
  • Location Tax and Legal Elementary School: Cloud Springs Elementary
  • Location Tax and Legal Middle Or Junior School2: Lakeview Middle
  • Location Tax and Legal High School: Lakeview-Ft. Oglethorpe
  • Location Tax and Legal:Tax Annual Amount: 284.82
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.4
  • General Property Information Lot Size Square Feet2: 17424.0
  • General Property Information Lot Size Dimensions: 106X165
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Hardwood: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Foundation Details Stone2: Yes
  • Special Listing Conditions HUD Owned: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Tub/shower Combo
  • Window Features: Insulated Windows
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Community Features:None4: Yes
  • Interior Features:Ceiling Fan(s)2: Yes

Exterior Features

  • Lot Features: Gentle Sloping
  • Pool Features: None
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Stone
  • Patio And Porch Features: Deck, Patio, Porch, Porch - Covered
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Gentle Sloping: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Cloud Springs Elementary
  • High School: Lakeview-Ft. Oglethorpe
  • Middle Or Junior School: Lakeview Middle

Lot Info

  • Lot Size Sq Ft: 17424.0
  • Additional Parcels: No
  • Parcel #: 0001b-090
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 284.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2018
Closed on
Mar 8, 2018
Sold by
Sec Of Housing & U
Bought by
Wer Properties Llc
Seller's Agent
Jennifer Newton
Crye-Leike, REALTORS
Buyer's Agent
David Shipley
RE/MAX Properties
List Price
$41,000
Sold Price
$32,000
Premium/Discount to List
-$9,000
-21.95%
Current Estimated Value
$137,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,101
Avg. Annual Appreciation
21.72%

Purchase Details

Closed on
Jul 21, 2017
Sold by
Us Bank National Associati
Bought by
Secretary Of Housing And Urban

Purchase Details

Closed on
Jun 1, 2017
Bought by
Us Bank National Association

Purchase Details

Closed on
Oct 13, 2016
Bought by
Jpmorgan Chase Bank

Purchase Details

Closed on
Dec 3, 2013
Sold by
Hafley Richard G
Bought by
Us Bank National Association T

Purchase Details

Closed on
Apr 19, 1999
Bought by
Hafley Richard G
Source: Public Records

Range of Values:

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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
Wer Properties Llc $32,000 --
Secretary Of Housing And Urban -- --
Us Bank National Association -- --
Jpmorgan Chase Bank -- --
Us Bank National Association T -- --
Sec Of Housing & Urban $50,584 --
Sec Of Housing & Urban $50,584 --
Hafley Richard G $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wer Properties Llc $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2018 03/08/18 Sold $32,000 -22.0% $42 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $41,000 -- $54 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $632 $29,648 $7,030 $22,618
2023 $531 $23,720 $7,030 $16,690
2022 $442 $19,752 $7,030 $12,722
2021 $413 $19,752 $7,030 $12,722
2020 $395 $17,061 $6,391 $10,670
2019 $234 $9,991 $6,391 $3,600
2018 $247 $9,991 $6,391 $3,600
2017 $279 $11,294 $6,391 $4,903
2016 $285 $10,961 $6,391 $4,570
2015 -- $10,961 $6,391 $4,570
2014 -- $11,056 $6,391 $4,665
2013 -- $14,024 $6,391 $7,633
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1273745

Greater Chattanooga REALTORS®

APN: 0001B-090