NOT LISTED FOR SALE

114 Ormand Dr Chattanooga, TN 37415

Estimated Value: $343,000 - $406,000

3 Beds
2 Baths
1,762 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $380,000 $216 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,034/month

4 Days on Market

Highlights

  • Deck
  • No HOA
  • Wood Frame Window
  • Wood Flooring
  • Home Office
  • Porch

About This Home

As of June 2022

Multiple Offers - Offers due by May 1 at 5:00PM

This charming Red Bank home offers 3 traditional bedrooms and 2 bathrooms as well as a living room, dining room, kitchen, sunroom, office, basement AND a large workshop. As you enter the home from the front porch you enter into a large living room with big windows and lots of light. Off of the living room is a dining room and a newly remodeled kitchen. From there you enter into what was formerly a bedroom but is now being used as an office space. From there you go down a hallway featuring a newly remodeled bathroom and 2 large bedrooms.

At the back of the home is a large room that could be used for many different purposes. The current sellers prefer it as their bedroom, however if would make a great second living space as well. Off of the back room is a small deck that opens onto a great spot for a fire pit with views of Signal Mountain. In the back of the yard is a large out building with new windows. This space could be reimagined into whatever you might need; a separate workspace/office, a tool shop, you name it its a blank slate. Downstairs is a 1 car garage, a large utility/laundry area, a large bonus space and a bedroom and bathroom.

Last Agent to Sell the Property

Rachel Bettis

35 South Real Estate & Design, LLC License #328935 Listed on: 04/28/2022

35 South Real Estate & Design, LLC

Last Buyer's Agent

Hunter Denton

RE/MAX Properties License #340235

RE/MAX Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 1945

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75x140
  • Gentle Sloping Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stone

Interior Spaces

  • 1,762 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Wood Frame Window
  • Great Room with Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Game Room with Fireplace
  • Storage In Attic
  • Washer and Gas Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Free-Standing Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Outdoor Features

  • Deck
  • Patio
  • Outbuilding
  • Porch

Schools

  • Alpine Crest Elementary School
  • Red Bank Middle School
  • Red Bank High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 109b R 020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,700

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: 75X140
  • Subdivision Name: None
  • Directions: North on Dayton Blvd, Right onto Ormand, Home is up and on the Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 1762.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1945
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 109b R 020
  • Location Tax and Legal Elementary School: Alpine Crest Elementary
  • Location Tax and Legal Middle Or Junior School2: Red Bank Middle
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 1699.58
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.24
  • General Property Information Lot Size Square Feet2: 10454.4
  • General Property Information Lot Size Dimensions: 75X140
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • General Property Information Senior Community YN: No
  • Remarks and Miscellaneous Public Remarks2: Multiple Offers - Offers due by May 1 at 5:00PM This charming Red Bank home offers 3 traditional bedrooms and 2 bathrooms as well as a living room, dining room, kitchen, sunroom, office, basement AND a large workshop. As you enter the home from the front porch you enter into a large living room with big windows and lots of light. Off of the living room is a dining room and a newly remodeled kitchen. From there you enter into what was formerly a bedroom but is now being used as an office space. From there you go down a hallway featuring a newly remodeled bathroom and 2 large bedrooms. At the back of the home is a large room that could be used for many different purposes. The current sellers prefer it as their bedroom, however if would make a great second living space as well. Off of the back room is a small deck that opens onto a great spot for a fire pit with views of Signal Mountain. In the back of the yard is a large out building with new windows. This space could be reimagined into whatever you might need; a separate workspace/office, a tool shop, you name it its a blank slate. Downstairs is a 1 car garage, a large utility/laundry area, a large bonus space and a bedroom and bathroom.
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Roof Asphalt5: Yes
  • Foundation Details Block2: Yes
  • Flooring:Vinyl: Yes
  • Other Structures:Out Building: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Gas Water Heater, Free-Standing Gas Range, Dishwasher
  • Has Basement: Finished, Full, Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Interior Amenities: Eat-in Kitchen, Pantry, Tub/shower Combo
  • Window Features: Vinyl Frames, Wood Frames
  • Appliances Dishwasher: Yes
  • Basement:Partial: Yes
  • Full Basement: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Free-Standing Gas Range: Yes
  • Attic Features:Storage Only: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Pantry: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Great Room2: Yes

Exterior Features

  • Lot Features: Gentle Sloping
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Stone, Other
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Asphalt, Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Vinyl Frames: Yes
  • Lot Features:Gentle Sloping: Yes
  • Window Features:Wood Frames: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Additional Parcels: No
  • Parcel #: 109b R 020
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1699.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jun 1, 2022
Sold by
Lee Schnell Benjamin and Lee Natalie
Bought by
Willis Daniel Allen and Willis Fay Stephens
Seller's Agent
Rachel Bettis
35 South Real Estate & Design, LLC
Buyer's Agent
Hunter Denton
RE/MAX Properties
List Price
$329,000
Sold Price
$380,000
Premium/Discount to List
$51,000
15.5%
Current Estimated Value
$372,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,395
Avg. Annual Appreciation
-0.55%
Original Mortgage
$342,950
Outstanding Balance
$325,831
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$46,774

Purchase Details

Listed on
Aug 28, 2017
Closed on
Dec 8, 2017
Sold by
Brown Margaret Louise and Burton Caroly Hogwood
Bought by
Schnell Benjamin Lee and Schnell Natalie
Seller's Agent
Daniel Anderson
Greater Downtown Realty dba Keller Williams Realty
List Price
$179,900
Sold Price
$160,000
Premium/Discount to List
-$19,900
-11.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.30%
Original Mortgage
$150,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2017
Sold by
Brown Margaret Louise and Burton Carolyn Hogwood
Bought by
Brown Margaret Louise and Brown Carolyn Hogwood
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Willis Daniel Allen $380,000 Cumberland Title
Willis Daniel Allen $380,000 Cumberland Title
Schnell Benjamin Lee $160,000 None Available
Brown Margaret Louise -- First Choice Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willis Daniel Allen $342,950
Closed Willis Daniel Allen $342,950
Previous Owner Schnell Benjamin Lee $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2022 06/01/22 Sold $380,000 +15.5% $216 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $329,000 +105.6% $187 / Sq Ft
12/08/2017 12/08/17 Sold $160,000 -11.1% $91 / Sq Ft View Prior Sale
11/10/2017 11/10/17 Pending -- -- --
08/28/2017 08/28/17 For Sale $179,900 -- $102 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $984 $43,975 $0 $0
2023 $1,788 $43,975 $0 $0
2022 $1,508 $43,975 $0 $0
2021 $1,700 $43,975 $0 $0
2020 $1,425 $28,800 $0 $0
2019 $1,425 $28,800 $0 $0
2018 $1,425 $28,800 $0 $0
2017 $1,329 $28,800 $0 $0
2016 $1,181 $0 $0 $0
2015 $1,181 $24,025 $0 $0
2014 $1,181 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1354047

Greater Chattanooga REALTORS®

APN: 109B-R-020