NOT LISTED FOR SALE

Estimated Value: $490,301 - $565,000

4 Beds
3.5 Baths
2,090 Sq Ft
$253/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $499,900 $239 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,017/month

22 Days on Market

Highlights

  • Guest House
  • Open Floorplan
  • Granite Countertops
  • New Construction
  • Deck
  • 2-minute walk to Lincoln Park

About This Home

As of April 2024

This home offers a rare opportunity to own two brand new, move-in ready professionally designed homes built by EPG Homes, LLC on one lot. This home / ADU (accessory dwelling unit) combo offers buyers income producing property right in their backyard. The ADU can be utilized by an owner occupant for short term rental. The main home features 3 bedrooms and 2.5 bathrooms with 9'+ ceilings, high end finishes and hardwood flooring throughout. When you walk into the home off of the full width rocking chair front porch you will notice the large living room with trim accent wall that leads you to the custom kitchen with quartz countertops, slide in range, large island and hood vented to the exterior. Off of the kitchen is the dining area with a walk-in pantry/ laundry and large slider door leading to the full width private patio and fenced yard. The home's powder room is located on the main floor at the bottom of the stairway and has a custom vanity with wall sconce lighting. The second floor features a vaulted master bedroom with a large walk in custom zellige style shower and walk in closet. Two additional bedrooms and the guest bathroom are located on the rear of the second floor. The rear home classified by the City of Chattanooga as an ''Accessory Dwelling Unit'' is separately metered and has its own driveway off of the rear alley. This home is 1 bedroom and 1 bathroom with hardwood flooring and vaulted ceilings throughout. The ADU features a living room, kitchenette, large bedroom, custom trim throughout and a light filled bathroom with tile shower. The ADU was styled by the design team to give the feeling of a high-end hotel suite and would make a great short term, student, travel nurse or long-term rental. More... The ADU is prewired for an EV charger giving your guests the ability to charge their car

Last Agent to Sell the Property

Lori Montieth

Keller Williams Realty License #310349 Listed on: 02/15/2024

Keller Williams Realty

Last Buyer's Agent

Vincent Trapani

Lifestyles Realty Tennessee, Inc License #373489

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $155

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Lot Dimensions are 35.2x133
  • Front and Back Yard Sprinklers

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 2,090 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Insulated Windows
  • Living Room
  • Basement
  • Crawl Space
  • Laundry closet

Kitchen

  • Electric Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Orchard Knob Elementary School
  • Orchard Knob Middle School
  • Howard School Of Academics & Tech High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Guest House
  • Bureau of Land Management Grazing Rights

Community Details

  • No Home Owners Association
  • Miller & Gradys Subdivision

Listing and Financial Details

  • Assessor Parcel Number 146b B 007

Home Details

Home Type

Single Family

Est. Annual Taxes

$155

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 35.2X133
  • Subdivision Name: Miller & Gradys
  • Directions: From downtown Chattanooga, take E MLK to Central Ave, turn left. Turn right onto E 3rd Street, Turn left onto Scruggs.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 2090.0
  • New Construction: Yes
  • Structure Type: Free Standing Building
  • Year Built: 2023
  • Location Tax and Legal Parcel Number2: 146b B 007
  • Location Tax and Legal Elementary School: Orchard Knob Elementary
  • Location Tax and Legal Middle Or Junior School2: Orchard Knob Middle
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • Location Tax and Legal:Tax Annual Amount: 154.81
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 1
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: Yes
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: Yes
  • General Property Information Carport YN: No
  • General Property Information Lot Size Dimensions: 35.2X133
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Utilities:Cable Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Laundry Closet: Yes
  • Roof:Shingle: Yes
  • Foundation Details Block2: Yes
  • Cooling:Multi Units: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Other Structures:Guest House: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Electric Range, Dishwasher
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Granite Counters, Open Floorplan, Tub/shower Combo, Walk-In Closet(s)
  • Window Features: Insulated Windows
  • ResoLivingAreaSource: Plans
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Granite Counters: Yes

Exterior Features

  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Fiber Cement
  • Foundation Details: Block
  • Other Structures: Guest House
  • 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
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: Central Air, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Sewer Connected, Underground Utilities
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Orchard Knob Elementary
  • High School: Howard School of Academics & Tech
  • Middle Or Junior School: Orchard Knob Middle

Lot Info

  • Additional Parcels: No
  • Parcel #: 146b B 007

Tax Info

  • Tax Annual Amount: 154.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Apr 4, 2024
Sold by
Wygal Benjamin and Wygal Reika
Bought by
Gresslin William Nels
Seller's Agent
Lori Montieth
Keller Williams Realty
Buyer's Agent
Vincent Trapani
Lifestyles Realty Tennessee, Inc
List Price
$529,900
Sold Price
$499,900
Premium/Discount to List
-$30,000
-5.66%
Views
155
Current Estimated Value
$528,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,925
Avg. Annual Appreciation
4.16%
Original Mortgage
$398,000
Outstanding Balance
$392,803
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$136,022

Purchase Details

Closed on
Mar 31, 2023
Sold by
Holland Garrett
Bought by
Wygal Benjamin and Wygal Reika
Source: Public Records

Range of Values:

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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
Gresslin William Nels $497,500 First Title
Wygal Benjamin $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gresslin William Nels $398,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $499,900 -2.0% $239 / Sq Ft
03/12/2024 03/12/24 Off Market $509,900 -- --
02/27/2024 02/27/24 Price Changed $509,900 -3.8% $244 / Sq Ft
02/15/2024 02/15/24 For Sale $529,900 -- $254 / 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 $1,628 $72,750 $0 $0
2023 $77 $3,450 $0 $0
2022 $77 $3,450 $0 $0
2021 $77 $3,450 $0 $0
2020 $98 $8,440 $0 $0
2019 $233 $8,440 $0 $0
2018 $319 $8,440 $0 $0
2017 $233 $8,440 $0 $0
2016 $239 $0 $0 $0
2015 $554 $8,640 $0 $0
2014 $554 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1386916

Greater Chattanooga REALTORS®

APN: 146B-B-007