NOT LISTED FOR SALE

1427 Coffelt Rd Hixson, TN 37343

Estimated Value: $286,000 - $304,823

3 Beds
2 Baths
1,293 Sq Ft
$225/Sq Ft Est. Value

Sale Details

Date Sold: February 29, 2016

Last sale price $80,000 $62 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $1,620 / mo

49 Days on Market

Highlights

  • 0.69 Acre Lot
  • Main Floor Primary Bedroom
  • Formal Dining Room
  • Deck
  • No HOA
  • Porch

About This Home

As of February 2016

Split foyer home in Shannon Hills area of Middle Valley. Home has 3 bedrooms plus 2 baths. Separate Dining Room. Large 2 car garage. Basement Den with Fireplace with gas logs. Deck off Dining Room. HUD Homes are sold in ''as-is'' condition, so buyers are advised to perform all desired inspections and to verify ALL listing information independently, including school zones. Insured with Escrow(IE)of $2750 required for FHA financing, subject to new FHA appraisal. Additional information on this home is available on-line at www.HUDHomestore.com. For more information about buying a HUD Home, visit www.HUDPemco.com. ALL BIDS MUST BE PLACED ON-LINE BY A HUD REGISTERED agent. HUD Case #481-333391. Water cannot be turned on for inspections - See PCR and other documents attached to this MLS listing. Availability of home is subject to the Asset Manager accepting a bid from an earlier bid period or removing the home from the market. Property is currently available ALL BIDDERS (including investors). Square footage in basement is not included in the 1293 SF noted... this number is above grade only by appraiser.

Last Agent to Sell the Property

Raymond Warren

Bishop Realty LLC License #016166 Listed on: 11/19/2015

Last Buyer's Agent

Carla Simpson

Real Estate Partners Chattanooga LLC License #267487

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $924

Year Built

  • Built in 1981

Lot Details

  • 30,056 Sq Ft Lot
  • Lot Dimensions are 200x169.1
  • Sloped Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Split Foyer
  • Brick Foundation
  • Block Foundation
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 1,293 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Aluminum Window Frames
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Den with Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Ganns Middle Valley Elementary School
  • Hixson Middle School
  • Hixson High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Shannon Hills Subdivision

Listing and Financial Details

  • HUD Owned
  • Assessor Parcel Number 082n D 017
  • $33,400 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$924

Year Built

Built in 1981

Lot Details

0.69 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.69
  • Lot Size: 200X169.1
  • Subdivision Name: Shannon Hills
  • Directions: From Hixson Pike, Take Middle Valley Road to Left on Boys Scout Road. Turn Right on South Dent Road, then Left on Coffelt Road. House will be on Right.
  • Architectural Style: Split Foyer
  • Carport Y N: No
  • Garage Yn: Yes
  • Living Area: 1293.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1981
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 082n D 017
  • Location Tax and Legal Elementary School: Ganns Middle Valley Elementary
  • Location Tax and Legal Middle Or Junior School2: Hixson Middle
  • Location Tax and Legal High School: Hixson High
  • Location Tax and Legal:Tax Annual Amount: 923.58
  • 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 Acres: 0.69
  • General Property Information Lot Size Square Feet2: 30056.4
  • General Property Information Lot Size Dimensions: 200X169.1
  • 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: Split foyer home in Shannon Hills area of Middle Valley. Home has 3 bedrooms plus 2 baths. Separate Dining Room. Large 2 car garage. Basement Den with Fireplace with gas logs. Deck off Dining Room. HUD Homes are sold in ''as-is'' condition, so buyers are advised to perform all desired inspections and to verify ALL listing information independently, including school zones. Insured with Escrow(IE)of $2750 required for FHA financing, subject to new FHA appraisal. Additional information on this home is available on-line at www.HUDHomestore.com. For more information about buying a HUD Home, visit www.HUDPemco.com. ALL BIDS MUST BE PLACED ON-LINE BY A HUD REGISTERED agent. HUD Case #481-333391. Water cannot be turned on for inspections - See PCR and other documents attached to this MLS listing.
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Laundry Features Laundry Closet: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Foundation Details Block2: Yes
  • Interior Features Separate Dining Room: Yes
  • Location Tax and Legal Tax Other Annual Assessment Amount: 33400.0
  • Flooring:Linoleum: Yes
  • Foundation Details BrickMortar: Yes
  • Foundation Details Stone2: Yes
  • Architectural Style Split Foyer: Yes
  • Special Listing Conditions HUD Owned: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Gas Water Heater, Free-Standing Electric Range, Dishwasher
  • Has Basement: Finished, Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den, Family Room, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum
  • Interior Amenities: Ceiling Fan(s), Primary Downstairs, Separate Dining Room
  • Window Features: Aluminum Frames
  • Basement:Unfinished: Yes
  • Appliances Dishwasher: Yes
  • Full Basement: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Den2: Yes
  • Fireplace Features:Family Room2: Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Ceiling Fan(s)2: Yes

Exterior Features

  • Lot Features: Sloped, Split Possible
  • Pool Features: None
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Block, Brick/Mortar, Stone
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Split Possible: Yes
  • Lot Features:Sloped: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Basement, Garage Door Opener, Off Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Basement: Yes

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Ganns Middle Valley Elementary
  • High School: Hixson High
  • Middle Or Junior School: Hixson Middle

Lot Info

  • Lot Size Sq Ft: 30056.4
  • Additional Parcels: No
  • Parcel #: 082n D 017

Tax Info

  • Tax Annual Amount: 923.58
  • Tax Other Annual Assessment Amount: 33400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2015
Closed on
Feb 29, 2016
Sold by
The Secretary Of Hsng & Urban Developmen
Bought by
Blake Andrew
Seller's Agent
Raymond Warren
Bishop Realty LLC
Buyer's Agent
Carla Simpson
Real Estate Partners Chattanooga LLC
List Price
$100,000
Sold Price
$80,000
Premium/Discount to List
-$20,000
-20%
Current Estimated Value
$291,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,456
Avg. Annual Appreciation
13.57%
Original Mortgage
$65,000
Outstanding Balance
$51,160
Interest Rate
3.81%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$240,296

Purchase Details

Closed on
Feb 19, 2014
Sold by
Tennessee Housing Development Agency
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jan 7, 2014
Sold by
Pinnix Stephan
Bought by
Tennessee Housing Development Agency

Purchase Details

Closed on
Oct 4, 2010
Sold by
Ryon Carey Ann and Ryon Richard
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Aug 30, 2007
Sold by
Ryon Richard T
Bought by
Ryon Carey A and Ryon Corey A

Purchase Details

Closed on
Dec 17, 2004
Sold by
Wellman Jeffrey S and Wellman Shanda Dunlap
Bought by
Ryon Richard T and Ryon Corey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2004
Sold by
Federal National Mortgage Association
Bought by
Dunlap Wellman Jeffrey S and Dunlap Wellman Shanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2003
Sold by
Boyd Michelle R and Boyd Daniel E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 6, 1998
Sold by
Long Charles D and Long Shelia A
Bought by
Boyd Daniel E and Boyd Michelle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,760
Interest Rate
7%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Blake Andrew $80,000 Equtitle Inc
Secretary Of Housing & Urban Development $109,616 None Available
Tennessee Housing Development Agency $109,616 None Available
The Secretary Of Housing & Urban Develop $133,141 None Available
Ryon Carey A -- None Available
Ryon Richard T $114,000 Legal Title
Dunlap Wellman Jeffrey S $90,000 --
Federal National Mortgage Association $101,575 --
Boyd Daniel E $88,000 Legal Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blake Andrew $65,000
Previous Owner Ryon Richard T $114,000
Previous Owner Dunlap Wellman Jeffrey S $72,000
Previous Owner Boyd Daniel E $89,760
Closed Dunlap Wellman Jeffrey S $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2016 02/29/16 Sold $80,000 -20.0% $62 / Sq Ft
01/07/2016 01/07/16 Pending -- -- --
11/19/2015 11/19/15 For Sale $100,000 -- $77 / 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 $1,021 $67,350 $0 $0
2024 $1,020 $45,575 $0 $0
2023 $1,029 $45,575 $0 $0
2022 $1,029 $45,575 $0 $0
2021 $1,029 $45,575 $0 $0
2020 $936 $33,525 $0 $0
2019 $936 $33,525 $0 $0
2018 $936 $33,525 $0 $0
2017 $936 $33,525 $0 $0
2016 $933 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1237696

Greater Chattanooga REALTORS®

APN: 082N-D-017

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