NOT LISTED FOR SALE

1427 Park Ave Chattanooga, TN 37408

Southside Neighborhood

Estimated Value: $497,000 - $549,000

2 Beds
4 Baths
1,782 Sq Ft
$295/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $356,500 $200 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,094/month

56 Days on Market

Highlights

  • City View
  • Covered Patio or Porch
  • Walk-In Closet
  • Wood Flooring
  • Covered Deck
  • 5-minute walk to Jefferson Heights Park

About This Home

As of July 2020

Welcome to Madison Place and one of Southside's most sought after communities! Walk to restaurants, the Choo Choo, Songbirds, and all the popular Main Street attractions. This immaculate townhouse features concrete flooring on the first level and an open kitchen with white cabinetry, granite countertops, and tile backsplash. The beautiful hardwood stairs leading to the second and third levels offer much character. This unique unit includes THREE covered outdoor porches with the huge top level boasting great views. The third floor is a perfect home office, spacious den, or media room but has potential to be a large master suite. This property is one of a few with covered backdoor parking and custom window blinds from The Louver Shop. Make your appointment to see this wonderful home today

Last Agent to Sell the Property

Patti Marsden

Greater Downtown Realty dba Keller Williams Realty License #332606 Listed on: 05/08/2020

Greater Downtown Realty dba Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,407

Year Built

  • Built in 2017

Lot Details

  • 1,742 Sq Ft Lot

HOA Fees

  • $21 Monthly HOA Fees

Interior Spaces

  • 1,782 Sq Ft Home
  • Property has 3 Levels
  • City Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Schools

  • Orchard Knob Middle School
  • Howard School Of Academics Technology High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 145L K 001.06

Community Details

Overview

  • Madison Place Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,407

Year Built

Built in 2017

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2017
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: High Ceilings, Open Floorplan, Walk-In Closet(s)
  • Appliances: Washer, Refrigerator, Microwave, Dryer, Dishwasher
  • Fireplace: No
  • Flooring: Carpet, Finished Wood, Other, Tile
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 1782
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Attached

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Acres
  • Parcel #: 145L K 001.06
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3407

MLS Schools

  • High School: Howard School Of Academics Technology
  • Middle Or Junior School: Orchard Knob Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jul 31, 2020
Sold by
Armor Thomas Hicks and Armor Vicki H
Bought by
Lyons Robert Paul
Seller's Agent
Patti Marsden
Greater Downtown Realty dba Keller Williams Realty
List Price
$374,900
Sold Price
$356,500
Premium/Discount to List
-$18,400
-4.91%
Current Estimated Value
$532,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,240
Avg. Annual Appreciation
8.90%
Original Mortgage
$285,200
Outstanding Balance
$256,253
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$292,019

Purchase Details

Listed on
Aug 19, 2016
Closed on
Sep 22, 2017
Sold by
Rtb Holdings Llc
Bought by
Armor Thomas Hicks and Armor Vicki H
Seller's Agent
Jim Lea
Keller Williams Realty
Buyer's Agent
Jim Lea
Keller Williams Realty
List Price
$275,700
Sold Price
$266,800
Premium/Discount to List
-$8,900
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%
Original Mortgage
$240,120
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lyons Robert Paul $365,500 Title Guaranty & Trust Co
Armor Thomas Hicks $266,800 Cumberland Title & Guaranty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyons Robert Paul $97,000
Open Lyons Robert Paul $285,200
Previous Owner Armor Thomas Hicks $240,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $356,500 -4.9% $200 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $374,900 +40.5% $210 / Sq Ft
09/22/2017 09/22/17 Sold $266,800 -3.2% $140 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
08/19/2016 08/19/16 For Sale $275,700 -- $145 / 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 $2,048 $91,525 $0 $0
2023 $2,048 $91,525 $0 $0
2022 $2,048 $91,525 $0 $0
2021 $2,048 $91,525 $0 $0
2020 $1,869 $67,575 $0 $0
2019 $1,869 $67,575 $0 $0
2018 $1,665 $67,575 $0 $0
2017 $1,847 $66,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Patti Marsden

    Greater Downtown Realty dba Keller Williams Realty

    (423) 991-7148

    65 Total Sales

    Section Image
  • Jim Lea

    Seller's Agent in 2017

    Jim Lea

    Keller Williams Realty

    (423) 779-2354

    3 in this area

    233 Total Sales

    Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2340315

Realtracs

APN: 145L-K-001.06

Tennessee Hamilton County Chattanooga 37408 Southside

1427 Park Ave, Chattanooga, TN

This home is located at 1427 Park Ave, Chattanooga, TN 37408 since 08 May 2020 and is currently estimated at $525,197, approximately $294 per square foot. This property was built in 2017. 1427 Park Ave is a home located in Hamilton County with nearby schools including Orchard Knob Middle School, The Howard School, and Chattanooga Girls Leadership Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes