NOT LISTED FOR SALE

122 Passons Rd Chattanooga, TN 37415

Estimated Value: $232,000 - $265,000

3 Beds
1 Bath
1,260 Sq Ft
$203/Sq Ft Est. Value

Last Sold December 05, 2019

Last sale price $75,000 $60 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $1,399/month

4 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Level Lot
  • No HOA
  • Central Heating and Cooling System
  • Property has 3 Levels

About This Home

As of December 2019

Location and Price! This 3 bedroom, 1 bath home is located just minutes to Downtown Chattanooga. This would be a great investment property or starter home. There is a living room, kitchen with dining area, 3 bedrooms and a full bath all on 1 level. Make your appointment for your private showing today.

Last Buyer's Agent

Charlotte Mabry

Greater Downtown Realty dba Charlotte Mabry Team License #162748,228140

Greater Downtown Realty dba Charlotte Mabry Team

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,403

Year Built

  • Built in 1950

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 75x175
  • Level Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,260 Sq Ft Home
  • Property has 3 Levels
  • Crawl Space
  • Eat-In Kitchen
  • Washer and Gas Dryer Hookup

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Cliff View Subdivision

Listing and Financial Details

  • Assessor Parcel Number 099O C 024

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,403

Year Built

Built in 1950

Lot Details

0.3 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Finished Wood, Other
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 1260
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Other
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.3
  • Lot Size: 75x175
  • Lot Size Units: Acres
  • Parcel #: 099O C 024
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1403

MLS Schools

  • Elementary School: Alpine Crest 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
Mar 6, 2020
Sold by
Thenoogalfe Llc
Bought by
Jones Bridget Stacie
Current Estimated Value
$255,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Outstanding Balance
$136,561
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$118,875

Purchase Details

Listed on
Oct 31, 2019
Closed on
Dec 5, 2019
Sold by
Grayson Ricky L
Bought by
Thenoogalife Llc
Buyer's Agent
Charlotte Mabry
Greater Downtown Realty dba Charlotte Mabry Team
List Price
$90,000
Sold Price
$75,000
Premium/Discount to List
-$15,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.51%
Original Mortgage
$76,327
Interest Rate
4.55%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 21, 2008
Sold by
Grayson Donna K
Bought by
Grayson Ricky L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,250
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 1996
Sold by
Johnson Lester M and Johnson Nora P
Bought by
Grayson Ricky L and Grayson Donna K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jones Bridget Stacie $160,000 None Available
Thenoogalife Llc $75,000 None Available
Grayson Ricky L -- Milligan Reynolds Guaranty T
Grayson Ricky L $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Bridget Stacie $155,200
Previous Owner Thenoogalife Llc $76,327
Previous Owner Grayson Ricky L $60,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2019 12/05/19 Sold $75,000 -16.7% $60 / Sq Ft
11/04/2019 11/04/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $90,000 -- $71 / Sq Ft
Source: Realtracs

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
2025 $843 $55,625 $0 $0
2024 $868 $38,775 $0 $0
2023 $1,585 $38,775 $0 $0
2022 $1,334 $38,775 $0 $0
2021 $1,718 $38,775 $0 $0
2020 $1,404 $23,675 $0 $0
2019 $1,404 $23,675 $0 $0
2018 $1,404 $23,675 $0 $0
2017 $1,355 $23,675 $0 $0
2016 $1,361 $0 $0 $0
2015 $1,169 $22,875 $0 $0
2014 $1,169 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2339047

Realtracs

APN: 099O-C-024

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