NOT LISTED FOR SALE

Estimated Value: $3,483,348

3 Beds
2.5 Baths
5,528 Sq Ft
6,970 Sq Ft Lot

Highlights

  • Open Floorplan
  • Fireplace in Kitchen
  • Wood Flooring
  • Mountain View
  • Deck
  • 4-minute walk to The Main Terrain Park

About This Home

As of April 2020

Unique opportunity to live luxuriously in desirable Southside Chattanooga. With stunning views of gorgeous Lookout Mountain, this spacious condo is perfect for entertaining, and boasts an unbelievable, chef's dream of a kitchen! This culinary wonderland has it all, with granite counter tops, double oven, and all the stainless-steel appliances you can dream of, including a separate ice machine and trash compactor. The stunning entrance also features an open dining area and great room, with a cozy gas log fireplace. Beyond this show stopping entrance is a walkway leading to the enormous master bath, which features a jetted tub, separate vanities, a large linen closet, and an over-sized walk-in shower, with jets and tile surround! This magnificent bath leads to an incredible, over-sized walk-in closet that most can only dream of, then to the master bedroom, complete with an enormous private patio to enjoy the serene mountain views. On the other side of this massive condo, joined by a large family room, are two additional bedrooms, an enormous storage room that can easily be converted to a 4th bedroom, and a back entrance to the staircase leading to your 1-car garage and 1st story storage room. Just past the bedrooms is another master-worthy bath, complete with separate vanities, a large linen closet, and a beautiful walk-in shower. Just before you complete the loop leading back to the marvelous kitchen, you'll come upon a spacious half bath, perfect for guests. This once in a lifetime condo is gutted and remodeled to new commercial code, and can be used for commercial or residential purposes. The roof is rolled commercial flat rubber membrane, and the windows have solar shades. This hip, downtown neighborhood is filled with art, culture, cuisine, and entertainment, not to mention great schools! Located just 10 minutes from downtown hospitals, 17 minutes from East Chattanooga hospitals and only 16 minutes from Hixson area hospitals, this is truly downtown living at its finest. You need to see this beauty for yourself to appreciate all that it has to offer. Call for your private showing today!

Last Agent to Rent the Property

Tonya Amin

Pryor Bacon Company License #339391 Listed on: 09/17/2019

Last Renter's Agent

Tonya Amin

Pryor Bacon Company License #339391 Listed on: 09/17/2019

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,287

Year Built

  • Built in 1925

Lot Details

  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Rolled or Hot Mop Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 5,528 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Mountain Views
  • Walk-In Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Double Convection Oven
  • Free-Standing Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Trash Compactor
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck
  • Patio

Schools

  • Battle Academy Elementary School
  • Orchard Knob Middle School
  • Howard School Of Academics & Tech High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Property Available on 9/17/19
  • Lease Option
  • 12 Month Lease Term
  • Available 9/17/19
  • Assessor Parcel Number 145f D 004

Community Details

Pet Policy

  • No Pets Allowed

Additional Features

  • No Home Owners Association
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$28,287

Year Built

Built in 1925

Lot Details

0

Parking

1

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Association Fees, Electricity, Gas, Sewer, Water
  • Available Date: 2019-09-17
  • Tenant Pays:Sewer3: Yes

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.16
  • Lot Size: 66.7 X 107
  • Inclusions: Furnished/Unfurnished: Unfurnished
  • Subdivision Name: None
  • Directions: Market street to W Main. Turn right on Chestnut St. Grey building on the left corner marked 1401. Unit is entire second floor. Steps at front of building.
  • Carport Y N: No
  • Garage Yn: Yes
  • Living Area: 5528.0
  • New Construction: No
  • Structure Type: Multi Family
  • Year Built: 1925
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Rental Info Date Available: 2019-09-17
  • Location Tax and Legal Parcel Number2: 145f D 004
  • Location Tax and Legal Elementary School: Battle Academy
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • 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 Carport YN: No
  • General Property Information Lot Size Acres: 0.16
  • General Property Information Lot Size Square Feet2: 6969.6
  • General Property Information Lot Size Dimensions: 66.7 X 107
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Remarks and Miscellaneous Public Remarks2: Unique opportunity to live luxuriously in desirable Southside Chattanooga. With stunning views of gorgeous Lookout Mountain, this spacious condo is perfect for entertaining, and boasts an unbelievable, chef's dream of a kitchen! This culinary wonderland has it all, with granite counter tops, double oven, and all the stainless-steel appliances you can dream of, including a separate ice machine and trash compactor. The stunning entrance also features an open dining area and great room, with a cozy gas log fireplace. Beyond this show stopping entrance is a walkway leading to the enormous master bath, which features a jetted tub, separate vanities, a large linen closet, and an over-sized walk-in shower, with jets and tile surround!
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Laundry Closet: Yes
  • Laundry Features Washer Hookup: Yes
  • Location Tax and Legal Middle or Junior School: Orchard Knob Middle
  • Security Features:Smoke Detector(s): Yes
  • View:Mountain(s): Yes
  • Appliances Dryer: Yes
  • Wall Oven: Yes
  • Washers: Yes
  • Cooling:Multi Units: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Whirlpool Tub2: Yes
  • Contract Information Lease Term: 12 Months
  • Location Tax and Legal Tax Annual Amount2: 28286.74
  • General Property Information Builder's Warranty YN3: No
  • Listing Terms:Lease Option: Yes
  • Structure Type Multi Family: Yes
  • Pets Allowed:No: Yes
  • Roof:RolledHot Mop: Yes
  • Special Features: None

Interior Features

  • Appliances: Wall Oven, Washer, Trash Compactor, Tankless Water Heater, Refrigerator, Microwave, Ice Maker, Free-Standing Gas Range, Dryer, Double Oven, Disposal, Dishwasher, Convection Oven
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Dining Room, Gas Log, Kitchen, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, Open Floorplan, Pantry, Separate Shower, Walk-In Closet(s), Whirlpool Tub
  • Window Features: Insulated Windows, Window Treatments
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Community Features:Sidewalks: Yes
  • Appliances:Double Oven: Yes
  • Appliances:Trash Compactor: Yes
  • Basement:None3: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Free-Standing Gas Range: Yes
  • Appliances:Icemaker: Yes
  • Attic Features:Walk-In Attic: Yes
  • Interior Features:Pantry: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Living Room2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Granite Counters: Yes
  • Fireplace Features:Dining Room2: Yes
  • Fireplace Features:Kitchen2: Yes
  • Appliances:Tankless Water Heater: Yes

Exterior Features

  • Lot Features: Corner Lot, Level
  • Pool Features: None
  • View: Mountain(s), Other
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick, Stone
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio
  • Roof: Rolled/Hot Mop
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Window Treatments: 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, Laundry Closet, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Electricity Available, Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee Frequency: Quarterly
  • Association: No
  • Pets Allowed: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: Quarterly
  • Tenant Pays:Association Fees2: Yes

Schools

  • Elementary School: Battle Academy
  • High School: Howard School of Academics & Tech
  • Middle Or Junior School: Orchard Knob Middle

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Additional Parcels: No
  • Parcel #: 145f D 004
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 28286.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2018
Sold by
Mcgauley Holdings Llc
Bought by
Dynamic Hq Llc
Current Estimated Value
$3,483,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,576,000
Outstanding Balance
$1,362,976
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$2,149,374

Purchase Details

Closed on
Jan 17, 2017
Sold by
City Center Holdings
Bought by
Mcgauley Holdings Llc

Purchase Details

Closed on
Oct 15, 2015
Sold by
Maddox Roy C
Bought by
City Center Holdings

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,593,750
Interest Rate
3.89%
Mortgage Type
Commercial
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
Dynamic Hq Llc $1,945,000 None Available
Mcgauley Holdings Llc -- None Available
City Center Holdings $1,300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dynamic Hq Llc $1,576,000
Previous Owner City Center Holdings $1,593,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2024 09/21/24 Off Market -- -- --
04/01/2020 04/01/20 Rented -- -- --
02/12/2020 02/12/20 Under Contract -- -- --
09/17/2019 09/17/19 For Rent $3,400 -- --
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
2025 $12,614 $832,240 $0 $0
2024 $16,005 $715,360 $0 $0
2023 $16,005 $715,360 $0 $0
2022 $13,990 $625,285 $0 $0
2021 $13,990 $625,285 $0 $0
2020 $13,527 $489,195 $0 $0
2019 $13,527 $489,195 $0 $0
2018 $11,392 $489,195 $0 $0
2017 $13,527 $489,195 $0 $0
2016 $8,808 $0 $0 $0
2015 $16,394 $318,540 $0 $0
2014 $16,394 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1306709

Greater Chattanooga REALTORS®

APN: 145F-D-004