NOT LISTED FOR SALE

1404 E 16th St Chattanooga, TN 37404

Ridgedale-Oak Grove Neighborhood

Estimated Value: $157,000 - $317,000

3 Beds
1 Bath
1,328 Sq Ft
$166/Sq Ft Est. Value

Last Sold May 10, 2012

Last sale price $15,000 $11 Per Sq Ft

Est. 1,368% increase in value since last sale

Current estimated payment $1,214/month

Highlights

  • 1 Fireplace
  • No HOA
  • Formal Dining Room
  • Bonus Room
  • Home Office
  • 1-Story Property

About This Home

As of May 2012

3BEDROOM,1BATH,UTILITY RM. HOUSE NEEDS RENOVATION. SOLD ''AS IS''. SELLER WILL LOOK AT ALL REASONABLE OFFERS.

Last Agent to Sell the Property

Joyce Smith

Keller Williams Realty License #206741 Listed on: 05/04/2012

Keller Williams Realty

Last Buyer's Agent

Bud Zier

RE/MAX Properties License #289309

RE/MAX Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • Lot Dimensions are 50x150
  • Level Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 1,328 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Utility Room
  • Basement
  • Crawl Space
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • East Lake Elementary School
  • East Lake Academy Of Fine Arts Middle School
  • Howard School Of Academics & Tech High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Mcclungs Addn Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 146P L 010

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

7,492 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 50X150
  • Subdivision Name: McClungs Addn
  • Directions: WEST ON DODDS AVE,RT. MAIN ST.,LT. WATUGA,RT. E 16
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1328.0
  • New Construction: No
  • Year Built: 1935
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 146P L 010
  • Location Tax and Legal Elementary School: East Lake Elementary
  • Location Tax and Legal Middle Or Junior School2: East Lake Academy of Fine Arts
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • Location Tax and Legal:Tax Annual Amount: 432.0
  • 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: 50X150
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Remarks and Miscellaneous Public Remarks2: 3BEDROOM,1BATH,UTILITY RM. HOUSE NEEDS RENOVATION. SOLD ''AS IS''. SELLER WILL LOOK AT ALL REASONABLE OFFERS.
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: 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: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Separate Dining Room
  • Basement:Crawl Space: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:None2: Yes

Exterior Features

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

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: East Lake Elementary
  • High School: Howard School of Academics & Tech
  • Middle Or Junior School: East Lake Academy of Fine Arts

Lot Info

  • Parcel #: 146P L 010

Tax Info

  • Tax Annual Amount: 432.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2014
Sold by
Equity Trust Co and Williams Mark
Bought by
Shorter James R
Current Estimated Value
$220,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Outstanding Balance
$31,503
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$188,626

Purchase Details

Listed on
May 4, 2012
Closed on
May 10, 2012
Sold by
Cornerstone Community Bank
Bought by
Equity Trust Company and Mark Williams Ira
Seller's Agent
Joyce Smith
Keller Williams Realty
Buyer's Agent
Bud Zier
RE/MAX Properties
List Price
$30,000
Sold Price
$15,000
Premium/Discount to List
-$15,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.32%

Purchase Details

Closed on
Nov 22, 2011
Sold by
Spirit Properties Llc
Bought by
Cornerstone Community Bank

Purchase Details

Closed on
Apr 9, 2009
Sold by
Signal Properties Inc
Bought by
Spirit Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2001
Sold by
D W Kennedy Llc
Bought by
Signal Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
7.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 2, 2001
Sold by
Ameriquest Mtg Company
Bought by
D W Kennedy Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
7.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 23, 2000
Sold by
Dupree Kassandra D
Bought by
Ameriquest Mtg Company
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
Shorter James R $26,500 Pioneer Title Agency Inc
Equity Trust Company $15,000 First Choice Title Inc
Cornerstone Community Bank $91,180 None Available
Spirit Properties Llc $140,000 First Title
Signal Properties Inc $65,000 First Choice Title Inc
D W Kennedy Llc $18,000 --
Ameriquest Mtg Company $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shorter James R $42,000
Previous Owner Spirit Properties Llc $140,000
Previous Owner Signal Properties Inc $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2012 05/10/12 Sold $15,000 -50.0% $11 / Sq Ft
05/03/2012 05/03/12 Pending -- -- --
05/03/2012 05/03/12 For Sale $30,000 -- $23 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $453 $29,900 $0 $0
2024 $233 $10,400 $0 $0
2023 $233 $10,400 $0 $0
2022 $233 $10,400 $0 $0
2021 $233 $10,400 $0 $0
2020 $227 $8,200 $0 $0
2019 $227 $8,200 $0 $0
2018 $313 $8,200 $0 $0
2017 $227 $8,200 $0 $0
2016 $225 $0 $0 $0
2015 $527 $8,125 $0 $0
2014 $527 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Joyce Smith

    Keller Williams Realty

    (423) 903-5359

    42 Total Sales

    Joyce Smith
    Section Image

  • B

    Buyer's Agent in 2012

    Bud Zier

    RE/MAX Properties

    (423) 593-5056

    1 in this area

    10 Total Sales

    Bud Zier
    Section Image
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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1178356

Greater Chattanooga REALTORS®

APN: 146P-L-010

Tennessee Hamilton County Chattanooga 37404 Ridgedale-Oak Grove

1404 E 16th St, Chattanooga, TN

Not Listed for Sale

Detached

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