NOT LISTED FOR SALE

Estimated Value: $224,000 - $242,020

1 Bed
1 Bath
1,074 Sq Ft
$219/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $160,000 $149 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,712/month

16 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Covered Deck
  • 9.09 Acre Lot
  • Covered Patio or Porch
  • Walk-In Closet

About This Home

As of May 2021

Beautiful mountain views, in the heart of the city. The Pinnacle Condos is one of Chattanooga's most recognizable buildings nestled in the ridge near the Red Bank tunnel. This beautifully updated condo will give you the life of relaxation and close proximity to all things Chattanooga. Enjoy the pool, work out space, movie room, and a perfect front door parking space! HOA includes electric, water and trash service. Schedule your showing today, this will not last long.

Last Agent to Sell the Property

April Barger Howell

Greater Downtown Realty dba Keller Williams Realty License #376098,334467 Listed on: 04/15/2021

Greater Downtown Realty dba Keller Williams Realty

Last Buyer's Agent

Gloria Page

Zach Taylor Chattanooga License #327542

Zach Taylor Chattanooga

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,518

Year Built

  • Built in 1974

Lot Details

  • 9.09 Acre Lot
  • Level Lot

HOA Fees

  • $390 Monthly HOA Fees

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • 1,074 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

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 C069

Community Details

Overview

  • The Pinnacle Subdivision

Amenities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,518

Year Built

Built in 1974

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Other Condo
  • Year Built: 1974
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Elevator, Open Floorplan, Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Refrigerator, Microwave, Disposal, Dishwasher
  • Fireplace: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 1074
  • 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
  • Parking Features: Detached

Utilities

  • Water Source: Public
  • Cooling: Central Air
  • 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: 390
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Features: Level, Other
  • Lot Size Acres: 9.09
  • Lot Size Units: Acres
  • Parcel #: 126N C 003 C069
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1518

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

Closed on
Feb 20, 2019
Sold by
Sherwood Jared and Sherwood Lauren
Bought by
Daniell Mark A and Daniell Mony
Current Estimated Value
$235,255

Purchase Details

Closed on
Apr 13, 2015
Sold by
Gupta Rohit
Bought by
Sherwood Jared and Sanborn Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2010
Sold by
Gupta Arpana
Bought by
Gupta Rohit

Purchase Details

Closed on
Aug 24, 2007
Sold by
Stringer Ridge Associates Inc
Bought by
Gupta Rohit and Gupta Arpana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,840
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
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
Daniell Mark A $131,786 Pioneer Title Agency Inc
Sherwood Jared $122,000 Cumberland Title & Guaranty
Gupta Rohit -- None Available
Gupta Rohit $154,800 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sherwood Jared $114,000
Previous Owner Gupta Rohit $123,840
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2021 05/18/21 Sold $160,000 0.0% $149 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $160,000 -- $149 / 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 $832 $30,100 $0 $0
2019 $832 $30,100 $0 $0
2018 $812 $30,100 $0 $0
2017 $832 $30,100 $0 $0
2016 $780 $0 $0 $0
2015 $1,547 $0 $0 $0
2014 $1,547 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2342997

Realtracs

APN: 126N-C-003-C069