Seller's Agent in 2021
Sarah Brogdon
Real Estate Partners Chattanooga, LLC
(423) 802-2169
32 in this area
442 Total Sales
1109 Spears Ave Chattanooga, TN 37405
Estimated Value: $260,000 - $337,510
1
Bed
1
Bath
900
Sq Ft
$333/Sq Ft
Est. Value
Highlights
- Open Floorplan
- No HOA
- Cooling System Mounted To A Wall/Window
- Main Floor Primary Bedroom
- Porch
- 1-minute walk to Hill City Park Playground
About This Home
As of July 2021Investors take note! 3 parcels in North Chattanooga! This rare opportunity has the ability to generate a revenue stream (existing rental home or primary residence for owner) while capitalizing on the opportunities of two additional lots in North Chattanooga. This home has been nicely updated, and features a private covered deck overlooking Hill City. Inside, you'll find surprising ceiling height, nice updates, and an efficient use of space. The deck was constructed such that it could easily be enclosed and finished to create additional living space. So, another bedroom and bathroom could be added without significant structural modification. The potential of this home and the additional 2 parcels is huge. Get in touch to schedule your showing!
Last Agent to Sell the Property
Real Estate Partners Chattanooga, LLC Brokerage Phone: 4232904416 License #324028 Listed on: 04/20/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $930
Year Built
- Built in 1930
Lot Details
- 0.38 Acre Lot
- Lot Dimensions are 55x50
Home Design
- Vinyl Siding
Interior Spaces
- 900 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Unfinished Basement
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Outdoor Features
- Porch
Schools
- Red Bank Elementary School
- Red Bank Middle School
- Red Bank High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
Community Details
- No Home Owners Association
- Spears Subdivision
Listing and Financial Details
- Assessor Parcel Number 126N E 004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2021
Closed on
Jul 28, 2021
Sold by
Schimpf George and Schimpf George S
Bought by
Old Town Hall Lp
Seller's Agent
Sarah Brogdon
Real Estate Partners Chattanooga, LLC
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,128
Avg. Annual Appreciation
1.12%
Original Mortgage
$200,000
Outstanding Balance
$24,869
Interest Rate
2.93%
Mortgage Type
Commercial
Estimated Equity
$275,259
Purchase Details
Closed on
Mar 22, 2005
Sold by
Coots Patricia Ann
Bought by
Schimpf George
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Old Town Hall Lp | $285,000 | None Available | |
| Schimpf George | $10,000 | Century Title & Escrow Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Old Town Hall Lp | $200,000 | |
| Previous Owner | Schimpf George | $15,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/28/2021 07/28/21 | Sold | $285,000 | 0.0% | $317 / Sq Ft |
| 05/23/2021 05/23/21 | Pending | -- | -- | -- |
| 04/20/2021 04/20/21 | For Sale | $285,000 | -- | $317 / Sq Ft |
Source: Realtracs
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 |
|---|---|---|---|---|
| 2025 | $791 | $52,175 | $0 | $0 |
| 2024 | $505 | $22,550 | $0 | $0 |
| 2023 | $505 | $22,550 | $0 | $0 |
| 2022 | $505 | $22,550 | $0 | $0 |
| 2021 | $505 | $22,550 | $0 | $0 |
| 2020 | $510 | $18,450 | $0 | $0 |
| 2019 | $510 | $18,450 | $0 | $0 |
| 2018 | $547 | $18,450 | $0 | $0 |
| 2017 | $510 | $18,450 | $0 | $0 |
| 2016 | $307 | $0 | $0 | $0 |
| 2015 | $678 | $11,100 | $0 | $0 |
| 2014 | $465 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Brogdon
Map
Source: Realtracs
MLS Number: 2417075
APN: 126N-E-004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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