NOT LISTED FOR SALE

123 Bales Ave Chattanooga, TN 37412

Estimated Value: $115,000 - $206,336

2 Beds
1 Bath
1,116 Sq Ft
$157/Sq Ft Est. Value

Last Sold October 25, 2013

Last sale price $42,000 $38 Per Sq Ft

Est. 317% increase in value since last sale

Current estimated payment $974/month

28 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • 1-Story Property
  • Formal Dining Room
  • Living Room
  • Central Heating and Cooling System

About This Home

As of October 2013

HIGHEST AND BEST DUE BY 12a.m. on MONDAY 9/23/2013. Are you a first time home buyer or maybe an investor? This home is for you! Don't miss out on the deal of a lifetime! This 2 bedroom home has beautiful wood floors, chair railing, and gets plenty of sunshine. This amazingly all white kitchen is what the designer magazines are raving about right now! There is also a full basement which could easily be finished and make the perfect man cave/rec room. Do you have young children? This backyard is plenty big enough and level for the kids to enjoy the great outdoors. Make your appointment today before it's gone! Please fill out offer worksheet when making an offer.

Last Agent to Sell the Property

Aaron Shipley

Blue Key Properties LLC License #284982 Listed on: 08/29/2013

Last Buyer's Agent

Aaron Shipley

Blue Key Properties LLC License #284982 Listed on: 08/29/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $656

Year Built

  • Built in 1952

Lot Details

  • Lot Dimensions are 80x145
  • Gentle Sloping Lot

Parking

  • 1 Car Attached Garage
  • Basement Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 1,116 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • East Ridge Elementary School
  • East Ridge Middle School
  • East Ridge High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 168E G 013

Home Details

Home Type

Single Family

Est. Annual Taxes

$656

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 80X145
  • Subdivision Name: None
  • Directions: From TN 153 S go to I-75 S/Atlanta/Chattanooga, take exit 2 to merge onto I-24 W towards Chattanooga/Birmingham, take exit 183A towards Belvoir Ave/Germantown Road, Merge onto N Terrace Road, turn left onto S Germantown Road, turn left onto Ringgold Road, take 1st right onto Bales Ave, home will be on the left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1116.0
  • New Construction: No
  • Year Built: 1952
  • Cooling:Electric: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 168E G 013
  • Location Tax and Legal Elementary School: East Ridge Elementary
  • Location Tax and Legal Middle Or Junior School2: East Ridge
  • Location Tax and Legal High School: East Ridge High
  • 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 Dimensions: 80X145
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Interior Features Separate Dining Room: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: None
  • Has Basement: Finished, Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Pantry, Separate Dining Room
  • Full Basement: Yes
  • Interior Features:Pantry: Yes
  • Appliances:None2: Yes

Exterior Features

  • Lot Features: Gentle Sloping
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Roof: Shingle
  • Lot Features:Gentle Sloping: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Basement
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Basement: Yes

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: East Ridge Elementary
  • High School: East Ridge High
  • Middle Or Junior School: East Ridge

Lot Info

  • Additional Parcels: No
  • Parcel #: 168E G 013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2013
Closed on
Oct 2, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Corbridge Dean
Seller's Agent
Aaron Shipley
Blue Key Properties LLC
Buyer's Agent
Aaron Shipley
Blue Key Properties LLC
List Price
$39,900
Sold Price
$42,000
Premium/Discount to List
$2,100
5.26%
Current Estimated Value
$175,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,334
Avg. Annual Appreciation
12.64%

Purchase Details

Closed on
Jul 8, 2013
Sold by
Roberts David and Roberts Tamatha
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 11, 2006
Sold by
Bethune Christina D
Bought by
Roberts David and Roberts Tamatha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
6.32%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 30, 2001
Sold by
Swafford Alyce Smiley Tr
Bought by
Bethune Christina D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,450
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 12, 2000
Sold by
Smith Newell C and Cotten John W
Bought by
Swafford Alyce Smiley and Leming Wallace Eugene
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
Corbridge Dean $42,000 None Available
Federal Home Loan Mortgage Corporation $52,900 None Available
Roberts David $89,900 First Title
Bethune Christina D $65,000 Title Escrow Chattanooga Inc
Swafford Alyce Smiley $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roberts David $18,000
Previous Owner Roberts David $71,900
Previous Owner Bethune Christina D $64,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2013 10/25/13 Sold $42,000 +5.3% $38 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
08/28/2013 08/28/13 For Sale $39,900 -- $36 / 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 $656 $29,300 $0 $0
2023 $1,031 $29,300 $0 $0
2022 $1,031 $29,300 $0 $0
2021 $1,211 $29,300 $0 $0
2020 $968 $18,975 $0 $0
2019 $968 $18,975 $0 $0
2018 $968 $18,975 $0 $0
2017 $968 $18,975 $0 $0
2016 $991 $0 $0 $0
2015 $991 $19,150 $0 $0
2014 $991 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1200223

Greater Chattanooga REALTORS®

APN: 168E-G-013