NOT LISTED FOR SALE

Estimated Value: $281,000 - $356,452

3 Beds
2 Baths
1,700 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 14, 2019

Last sale price $145,900 $86 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,764/month

26 Days on Market

Highlights

  • 1.5 Acre Lot
  • Wooded Lot
  • No HOA
  • Deck
  • Separate Formal Living Room
  • Porch

About This Home

As of March 2019

This 1-story mountain home on 1.5 acres backs up to Signal Mountain. Home is being sold ''AS IS'' & is perfect for someone looking for investment property and/or flip. It's located in highly sought after Red Bank area, yet still close to downtown Chattanooga. Covered double sliding door entrance opens up into large Great Room with huge natural stone wood-burning fireplace, built-in shelving, cathedral ceiling with rustic wood beams & hardwood floors. In the entertainment room off great room there is a custom-built bar with lacquered wood counter & built-in shelves behind bar. The kitchen has lots of cabinetry & counter space, a stainless steel double sink, & newer tile flooring & decorative lights. The master bedroom has oversized picture window, wainscoting & walk-in closet. The bathroom off of master bedroom has well-lit vanity area with lots of storage, a shower/tub combo & linen closet. The two additional bedrooms have plenty of space, wainscoting, built-in shelves & walk-in closets. The second bathroom has vanity & enclosed shower, having been renovated in 2016. The water heater was replaced 3 years ago. The outdoor utility shed offers work space & additional storage. Under utility shed is a multi-purpose shelter with ample storage. This home has wonderful outdoor spaces for entertaining, grilling, dining alfresco, sitting around the natural stone firepit or just relaxing & enjoying the great mountain views! This home would be ideal for an investment & would make a great rental property. Make an appointment today to see this mountain home!

Last Agent to Sell the Property

Jay Hudson

Greater Chattanooga Realty, Keller Williams Realty License #320879 Listed on: 01/18/2019

Greater Chattanooga Realty, Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,724

Year Built

  • Built in 1948

Lot Details

  • 1.5 Acre Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Stone Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • Property has 1 Level
  • Wood Burning Fireplace
  • Separate Formal Living Room
  • Tile Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Oven or Range
  • Property Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Red Bank Elementary School
  • Red Bank Middle School
  • Red Bank High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 108N A 010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,724

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1948
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Appliances: Refrigerator, Range
  • Fireplace Features: Wood Burning, Great Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1700
  • Building Area Units: Square Feet
  • Living Area: 1700
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Stone, Other
  • Patio And Porch Features: Deck, Covered, Patio, Porch
  • Pool Private: No
  • Roof: Other
  • Topography: Level,Sloped,Wooded
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage Faces Side, Attached

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: No
  • Senior Community: No

Lot Info

  • Lot Features: Level, Sloped, Wooded
  • Lot Size Acres: 1.5
  • Lot Size: 90X813M
  • Lot Size Units: Acres
  • Parcel #: 108N A 010
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1724

MLS Schools

  • Elementary School: Red Bank Elementary School
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2019
Closed on
Mar 14, 2019
Sold by
Cadena Ricardo
Bought by
Bonham Brian Russell
Seller's Agent
Jay Hudson
Greater Chattanooga Realty, Keller Williams Realty
List Price
$159,900
Sold Price
$145,900
Premium/Discount to List
-$14,000
-8.76%
Current Estimated Value
$317,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,213
Avg. Annual Appreciation
13.10%
Original Mortgage
$145,900
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Oct 23, 2003
Sold by
Morse Thomas R
Bought by
Cadena Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 1998
Sold by
Brown Ritchey Charlotte
Bought by
Morse Thomas R

Purchase Details

Closed on
Oct 2, 1998
Sold by
Ritchey Steven Wayne
Bought by
Ritchey Charlotte Brown
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
Bonham Brian Russell $145,900 None Available
Cadena Ricardo $125,000 --
Morse Thomas R $32,000 First Title
Ritchey Charlotte Brown -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonham Brian Russell $145,900
Previous Owner Cadena Ricardo $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2019 03/14/19 Sold $145,900 -8.8% $86 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $159,900 -- $94 / 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 $994 $44,450 $0 $0
2023 $994 $44,450 $0 $0
2022 $994 $44,450 $0 $0
2021 $994 $44,450 $0 $0
2020 $946 $34,200 $0 $0
2019 $946 $34,200 $0 $0
2018 $905 $34,200 $0 $0
2017 $946 $34,200 $0 $0
2016 $900 $0 $0 $0
2015 $1,767 $32,550 $0 $0
2014 $1,767 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2328410

Realtracs

APN: 108N-A-010