NOT LISTED FOR SALE

Estimated Value: $228,000 - $280,000

2 Beds
2 Baths
1,175 Sq Ft
$214/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $172,000 $146 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,840/month

233 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Covered Patio or Porch
  • 9.09 Acre Lot
  • Wood Flooring
  • Covered Deck

About This Home

As of November 2020

Welcome Home to The Pinnacle in Chattanooga, TN! This gorgeous 5th floor condo located in the iconic Pinnacle Building, offers breathtaking views of Signal Mountain and towers over beautiful downtown Chattanooga! This is a gated community and a secure building floor and entry, so your privacy and security are virtually guaranteed! This luxurious 2 bedroom, 2 full bathroom condo is fully updated with all the amenities that you could ask for! Step inside to an open floor plan, gleaming hardwood floors throughout unit NO Carpet, crown molding throughout even in the closet,and a fully updated cooks kitchen with bar/ island seating, granite countertops, matching tile backsplash & stainless appliances. Just imagine enjoying your morning coffee on your large covered patio overlooking those breathtaking Signal Mountain views! This unit offers laundry facilities on the floor AND has hook ups for ventless washer/ dryer inside the unit as well. You also have two designated parking spaces for this unit! It's like living everyday like your on vacation here with a state of the art fitness center, a business conference room, a community party/ club room leading out to the large community pool and grilling area, plus an awesome theater room! All of these wonderful amenities PLUS power, water, trash, security & more INCLUDED in your HOA!! You'll never want to leave!!! This is the affordable downtown Chattanooga lifestyle that your friends will envy, less than 5 minutes from the downtown Northshore walking bridge, shops, aquarium, restaurants & more! Don't miss your opportunity to view this amazing condo!! Make your appt today! **MONTHLY HOA COVERS YOUR ELECTRICITY, WATER/SEWER, TRASH, SECURITY, MONTHLY PEST CONTROL, ACCESS TO POOL, FITNESS, ALL COMMUNITY AMENITIES & CLEANING OF BUILDING/ LANDSCAPING!! WOW!!**

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,999

Year Built

  • Built in 1974

Lot Details

  • 9.09 Acre Lot

HOA Fees

  • $430 Monthly HOA Fees

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • 1,175 Sq Ft Home
  • Property has 1 Level
  • Elevator
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • In Ground Pool
  • Covered Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 126N C 003 C051

Community Details

Overview

  • The Pinnacle Subdivision

Amenities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,999

Year Built

Built in 1974

Lot Details

0

HOA Fees

$430 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Other Condo
  • Year Built: 1974
  • Unit Levels: One
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 4232559705
  • Special Features: None

Interior Features

  • Interior Amenities: Elevator, Open Floorplan, Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Microwave, Dishwasher
  • Fireplace: No
  • Flooring: Finished Wood, Tile
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Has Basement: Other
  • Above Grade Finished Sq Ft: 1175
  • Building Area Units: Square Feet
  • Living Area: 1175
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Other, Brick
  • Patio And Porch Features: Covered Deck, Covered Patio
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Other
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 430
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Acres: 9.09
  • Lot Size Units: Acres
  • Parcel #: 126N C 003 C051
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1999

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
Feb 18, 2020
Closed on
Nov 16, 2020
Sold by
Ribaric Lauren Nune
Bought by
Trotter Terri Lynn
List Price
$194,500
Sold Price
$172,000
Premium/Discount to List
-$22,500
-11.57%
Current Estimated Value
$251,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,866
Avg. Annual Appreciation
8.08%

Purchase Details

Closed on
Jan 30, 2013
Sold by
Stringer Ridge Associates Inc
Bought by
Ribaric Lauren Nund

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
3.35%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Trotter Terri Lynn $172,000 Alliance Title Llc
Ribaric Lauren Nund $132,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ribaric Lauren Nund $105,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $172,000 -11.6% $146 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $194,500 -- $166 / 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 $946 $42,300 $0 $0
2023 $946 $42,300 $0 $0
2022 $946 $42,300 $0 $0
2021 $946 $42,300 $0 $0
2020 $1,096 $39,650 $0 $0
2019 $1,096 $39,650 $0 $0
2018 $1,029 $39,650 $0 $0
2017 $1,096 $39,650 $0 $0
2016 $934 $0 $0 $0
2015 $1,829 $0 $0 $0
2014 $1,829 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2724264

Realtracs

APN: 126N-C-003-C051