NOT LISTED FOR SALE

Estimated Value: $324,820 - $446,000

2 Beds
1 Bath
1,426 Sq Ft
$264/Sq Ft Est. Value

Last Sold May 15, 2012

Last sale price $36,000 $25 Per Sq Ft

Est. 983% increase in value since last sale

Current estimated payment $2,129/month

9 Days on Market

Highlights

  • Fireplace in Bedroom
  • Formal Dining Room
  • 1-Story Property
  • No HOA
  • Bathtub with Shower
  • Level Lot

About This Home

As of May 2012

1411 W 54th St, 2br, 1ba. Great investment opportunity in St Elmo w/quick access to DT & Lookout Mountain! Requires a little TLC, but remember the corner lot and the great double yard and will make a great home! Nice sunroom, dining room & separate kitchen plus a room which could be used as a 3rd bedroom but does not have a closet. Home would be a great candidate for cash, conventional, or a renovation loan - try Brian Stephens Renovation Loan expert at Wells Fargo (877-510-4555) or your own choice of lender for a great FHA 203(k) loan to customize this potential beauty! Call listing agent today!

Last Agent to Sell the Property

Jennifer Newton

Crye-Leike, REALTORS License #268704 Listed on: 04/18/2012

Crye-Leike, REALTORS

Last Buyer's Agent

Jennifer Newton

Crye-Leike, REALTORS License #268704 Listed on: 04/18/2012

Crye-Leike, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $726

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x145
  • Level Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 1,426 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Basement
  • Crawl Space
  • No Kitchen Appliances
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Outbuilding

Schools

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

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • Wards Addn Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 167J R 019

Home Details

Home Type

Single Family

Est. Annual Taxes

$726

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 50X145
  • Subdivision Name: Wards Addn
  • Directions: From Downtown, take Broad Street towards Lookout Mountain, turn left onto Tennessee Ave, slight right onto St. Elmo Ave, stay on St. Elmo Ave for about 1.4 miles, turn left onto W 54th St, the home is on the left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1426.0
  • New Construction: No
  • Year Built: 1920
  • Location Tax and Legal Parcel Number2: 167J R 019
  • Location Tax and Legal Elementary School: Donaldson 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: 726.0
  • 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 Acres: 0.16
  • General Property Information Lot Size Square Feet2: 6969.6
  • General Property Information Lot Size Dimensions: 50X145
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Interior Features Separate Dining Room: Yes
  • Other Structures:Out Building: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Cooling:None5: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: None
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Bedroom, Living Room, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Separate Dining Room, Tub/shower Combo
  • Basement:Crawl Space: Yes
  • Community Features:None4: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Living Room2: Yes
  • Fireplace Features:Bedroom2: Yes
  • Appliances:None2: Yes

Exterior Features

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

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:None13: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 167J R 019
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 726.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2012
Closed on
May 2, 2012
Sold by
Citifinancial Services Inc
Bought by
Brooks Michael and Brooks Susan
Seller's Agent
Jennifer Newton
Crye-Leike, REALTORS
Buyer's Agent
Jennifer Newton
Crye-Leike, REALTORS
List Price
$36,899
Sold Price
$36,000
Premium/Discount to List
-$899
-2.44%
Current Estimated Value
$389,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,799
Avg. Annual Appreciation
18.74%

Purchase Details

Listed on
Apr 18, 2012
Closed on
Mar 29, 2012
Sold by
Sublett Robert W and Sublett Patricia M
Bought by
Citifinancial Services Inc
Seller's Agent
Jennifer Newton
Crye-Leike, REALTORS
Buyer's Agent
Jennifer Newton
Crye-Leike, REALTORS
List Price
$36,899
Sold Price
$36,000
Premium/Discount to List
-$899
-2.44%
Source: Public Records

Range of Values:

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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
Brooks Michael $36,000 Landcastle Title Llc
Citifinancial Services Inc $23,589 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sublett Robert W $69,394
Previous Owner Sublett Robert W $56,800
Previous Owner Sublett Patricia M $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2012 05/15/12 Sold $36,000 -2.4% $25 / Sq Ft
04/26/2012 04/26/12 Pending -- -- --
04/17/2012 04/17/12 For Sale $36,899 -- $26 / 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 $727 $32,475 $0 $0
2023 $727 $32,475 $0 $0
2022 $727 $32,475 $0 $0
2021 $727 $32,475 $0 $0
2020 $604 $21,825 $0 $0
2019 $604 $21,825 $0 $0
2018 $623 $21,825 $0 $0
2017 $386 $13,950 $0 $0
2016 $395 $0 $0 $0
2015 $840 $14,275 $0 $0
2014 $840 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1177359

Greater Chattanooga REALTORS®

APN: 167J-R-019