NOT LISTED FOR SALE

1409 Elm St Chattanooga, TN 37415

Estimated Value: $228,000 - $267,000

3 Beds
1.5 Baths
1,216 Sq Ft
$204/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $100,000 $82 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $1,450/month

71 Days on Market

Highlights

  • Deck
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 1 Fireplace
  • 1 Car Attached Garage
  • Patio

About This Home

As of October 2020

3 bedroom 1.5 bathroom in Fairfax Heights! Nothing needs to be done to this one for it to cash flow. Current tenants in property were paying $1,100/month but will be out soon.and will be ready for home owner occupancy in the next couple months. . Basement mostly finished out with single-car garage and half bath and large master sweet. Great side patio and .28 acre corner lot! Don't hesitate, this will go fast! Bring Offers! Property to be sold As-IS and is an assignment of contract.

Last Agent to Sell the Property

Grace Frank

Zach Taylor Chattanooga Brokerage Phone: 4232083834 License #1182770,339584,305329 Listed on: 06/20/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,331

Year Built

  • Built in 1950

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 106.6x165

Parking

  • 1 Car Attached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Dishwasher
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • Dupont Elementary School
  • Hixson Middle School
  • Hixson High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

  • No Home Owners Association
  • Fairfax Hgts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118E B 021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,331

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Unit Levels: Two
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Attribution Contact: 4232083834
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Open Floorplan
  • Appliances: Refrigerator, Dishwasher
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 912
  • Below Grade Sq Ft: 304
  • Building Area Units: Square Feet
  • Living Area: 1216
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Other
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 1

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size: 106.6X165
  • Lot Size Units: Acres
  • Parcel #: 118E B 021
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1331

MLS Schools

  • Elementary School: DuPont Elementary School
  • High School: Hixson High School
  • Middle Or Junior School: Hixson Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2024
Sold by
H Eugene And Peggy Marie Reeves Living T and Sturdivant Deborah Lynn
Bought by
Crowing Rooster Llc
Current Estimated Value
$249,642

Purchase Details

Closed on
Dec 15, 2022
Sold by
Footpath Capital Llc
Bought by
H Eugene And Peggy Made Reeves Living Trust

Purchase Details

Listed on
Jun 20, 2020
Closed on
Oct 16, 2020
Sold by
Willmon Darla J
Bought by
Footpath Capital Llc
Seller's Agent
Grace Frank
Zach Taylor Chattanooga
List Price
$138,900
Sold Price
$100,000
Premium/Discount to List
-$38,900
-28.01%

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%
Original Mortgage
$87,500
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 1999
Sold by
Willmon Howard W
Bought by
Willmon Darla J
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
Crowing Rooster Llc -- Rudy Title
Crowing Rooster Llc -- Rudy Title
H Eugene And Peggy Made Reeves Living Trust $175,083 Rudy Title
Footpath Capital Llc $125,000 None Available
Willmon Darla J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Footpath Capital Llc $120,000
Previous Owner Footpath Capital Llc $87,500
Previous Owner Willmon Darla J $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $100,000 -28.0% $82 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
06/20/2020 06/20/20 For Sale $138,900 -- $114 / Sq Ft
Source: Realtracs

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 $1,007 $45,025 $0 $0
2023 $1,007 $45,025 $0 $0
2022 $1,007 $45,025 $0 $0
2021 $1,007 $45,025 $0 $0
2020 $730 $26,400 $0 $0
2019 $730 $26,400 $0 $0
2018 $728 $26,400 $0 $0
2017 $730 $26,400 $0 $0
2016 $626 $0 $0 $0
2015 $1,263 $22,625 $0 $0
2014 $1,263 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2421782

Realtracs

APN: 118E-B-021