NOT LISTED FOR SALE

Estimated Value: $611,700 - $898,000

3 Beds
2.5 Baths
2,895 Sq Ft
$259/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $565,000 $195 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,115/month

80 Days on Market

Highlights

  • Lake Front
  • 79.15 Acre Lot
  • Deck
  • Home fronts a pond
  • Clubhouse
  • Contemporary Architecture

About This Home

As of May 2024

Welcome to 1130 Constitution Drive, a stunning residence nestled along the picturesque Tennessee River within a gated community. This meticulously designed home began as a 3-bedroom, 3-bathroom haven, now thoughtfully converted into a 2-bedroom, 3-bathroom retreat. As you step into the spacious interior, you'll be greeted by an inviting living room and a separate dining area, offering the perfect blend of comfort and elegance. The convenience of a 2-car garage adds to the practicality of this property, providing ample space for your vehicles and storage needs. The true highlight of this residence lies on the second floor, where a master bedroom of enormous proportions awaits. Currently spanning the entire second floor, this space offers a retreat-like atmosphere, providing a sense of privacy and luxury. However, the versatility of the layout allows for the possibility of converting it back into two bedrooms upstairs, with the option of having the master suite on the main level. Beyond the confines of the home, enjoy the benefits of residing in a gated community, providing an added layer of security and exclusivity. The tranquil surroundings and proximity to the Tennessee River create an idyllic setting, perfect for those seeking a harmonious blend of nature and modern living. Don't miss the opportunity to make this unique residence your own, where the potential for customization meets the charm of riverside living. Schedule your viewing today and explore the possibilities of calling 1130 Constitution Drive home

Last Agent to Sell the Property

Thomas Malerbi

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4236671971 License #361343 Listed on: 01/11/2024

Real Estate Partners Chattanooga, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,319

Year Built

  • Built in 1989

Lot Details

  • Home fronts a pond
  • Lake Front
  • Irrigation

HOA Fees

  • $1,129 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,895 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • ENERGY STAR Qualified Windows
  • Separate Formal Living Room
  • Den with Fireplace
  • Water Views
  • Crawl Space

Kitchen

  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

Outdoor Features

  • Deck
  • Patio
  • Outdoor Gas Grill

Schools

  • Normal Park Museum Magnet Elementary And Middle School
  • Red Bank High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 136H J 038 C107

Community Details

Overview

  • Heritage Landing Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts

Security

  • Security Guard
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,319

Year Built

Built in 1989

Lot Details

0

HOA Fees

$1,129 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Contemporary
  • Year Built: 1989
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 4236671971
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: High Ceilings, Open Floorplan, Walk-In Closet(s), Wet Bar
  • Appliances: Trash Compactor, Refrigerator, Disposal, Dishwasher
  • Fireplace Features: Den, Family Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 2895
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Gas Grill, Garage Door Opener, Irrigation System
  • Construction Type: Stucco, Other, Brick
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Roof: Asphalt
  • View: Water, Mountain(s)
  • View: Yes
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Detached
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1129
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse, Tennis Court(s), Sidewalks
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Level, Other
  • Lot Size Acres: 79.15
  • Lot Size Units: Acres
  • Parcel #: 136H J 038 C107
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 5319

MLS Schools

  • Elementary School: Normal Park Museum Magnet School
  • High School: Red Bank High School
  • Middle Or Junior School: Normal Park Museum Magnet School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
May 2, 2024
Sold by
Imorette D Grant Revocable Trust and Grant Imorette D
Bought by
Wise Properties Llc
Seller's Agent
Thomas Malerbi
Real Estate Partners Chattanooga, LLC
List Price
$675,000
Sold Price
$565,000
Premium/Discount to List
-$110,000
-16.3%
Views
164
Current Estimated Value
$687,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,597
Avg. Annual Appreciation
16.51%
Original Mortgage
$460,000
Outstanding Balance
$39,548
Interest Rate
6.87%
Mortgage Type
Construction
Estimated Equity
$647,507

Purchase Details

Closed on
Jan 7, 2016
Sold by
Grant Imorette D
Bought by
Grant Imorette D and Amended & Restated Revocable Trust Agree
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
Wise Properties Llc $565,000 Team Title
Grant Imorette D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wise Properties Llc $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $565,000 -16.3% $195 / Sq Ft
03/31/2024 03/31/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $675,000 -- $233 / 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 $2,652 $118,525 $0 $0
2023 $2,652 $118,525 $0 $0
2022 $2,652 $118,525 $0 $0
2021 $2,652 $118,525 $0 $0
2020 $2,966 $107,275 $0 $0
2019 $2,966 $107,275 $0 $0
2018 $2,443 $107,275 $0 $0
2017 $2,966 $107,275 $0 $0
2016 $3,201 $0 $0 $0
2015 $5,875 $0 $0 $0
2014 $5,875 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2712355

Realtracs

APN: 136H-J-038-C107