NOT LISTED FOR SALE

1429 Park Ave Unit Lot 6 Chattanooga, TN 37408

Southside Neighborhood

Estimated Value: $488,000 - $576,000

3 Beds
2.5 Baths
1,750 Sq Ft
$312/Sq Ft Est. Value

Last Sold February 09, 2018

Last sale price $325,000 $186 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,296/month

4 Days on Market

Highlights

  • Deck
  • Walk-In Closet
  • Views
  • Porch
  • Cooling Available
  • 5-minute walk to Jefferson Heights Park

About This Home

As of February 2018

Welcome to 1429 Park Ave, a luxury Madison Park townhome in the Southside. Few locations beat this one, directly across from Southside Pizza and future Heaven & Ale on corner. Just steps away from Jefferson Heights Park, Niedlov's, Main St. Meats, Slick's Burgers. Enjoy walking to the weekly farmer's market for fresh veggies and prime access to the annual Mainx24 street parade. This new kitchen features pendant lighting, chef's stainless steel appliances, beautiful shaker-style cabinets and granite countertops, a large island, and an undermount apron sink. Elegant master suite adorned with trey ceilings, en suite bathroom, and walk-in closet. Custom wet bar on 3rd floor loft, exclusive to Unit 6. Relax on the private 3rd floor walk-out balcony. Option to purchase fully furnished Custom carport paid for, to be installed following completion of other townhomes.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,513

Year Built

  • Built in 2017

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 163.34x94.87
  • Level Lot

HOA Fees

  • $125 Monthly HOA Fees

Interior Spaces

  • 1,750 Sq Ft Home
  • Property has 3 Levels
  • ENERGY STAR Qualified Windows
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Low Flow Plumbing Fixtures

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Madison Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 145L K 001.05

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,513

Year Built

Built in 2017

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2017
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Builder
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Interior Amenities: High Ceilings, Open Floorplan, Walk-In Closet(s)
  • Appliances: Refrigerator, Microwave, Dishwasher
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area: 1750
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Builder

Exterior Features

  • Construction Type: Fiber Cement
  • Patio And Porch Features: Deck, Patio, Porch
  • Pool Private: No
  • Roof: Other
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

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

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: 125
  • Association Fee Frequency: Monthly
  • Amenities: Sidewalks
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Green Features

  • Efficiency: Thermostat, Low Flow Plumbing Fixtures, Windows

Lot Info

  • Lot Features: Level, Other
  • Lot Size Acres: 0.04
  • Lot Size: 163.34X94.87
  • Lot Size Units: Acres
  • Parcel #: 145L K 001.05
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1513

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

Closed on
Dec 28, 2022
Sold by
Malladi Ruthvik
Bought by
Moat View Holdings Llc
Current Estimated Value
$546,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2022
Sold by
Legacy Properties 320 Llc
Bought by
Malladi Ruthvik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2019
Sold by
Wilson Mark
Bought by
Legacy Properties 320 Llc

Purchase Details

Listed on
Jan 29, 2018
Closed on
Feb 9, 2018
Sold by
Carroli James J and Carroli Amberly M
Bought by
Wilson Mark
List Price
$317,700
Sold Price
$325,000
Premium/Discount to List
$7,300
2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%

Purchase Details

Listed on
Sep 19, 2017
Closed on
Sep 18, 2017
Sold by
Rtb Holdings Llc
Bought by
Carroll James J and Carroll Amberly M
List Price
$275,400
Sold Price
$275,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.90%
Original Mortgage
$220,320
Interest Rate
3.93%
Mortgage Type
New Conventional
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
Moat View Holdings Llc -- Bridge City Title
Malladi Ruthvik $555,000 Team Title
Legacy Properties 320 Llc -- First Title
Wilson Mark $325,000 First Title
Carroll James J $275,400 Cumberland Title & Guaranty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malladi Ruthvik $416,250
Previous Owner Legacy Properties 320 Llc $225,000
Previous Owner Carroll James J $220,320
Previous Owner Rtb Holdings Llc $211,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2018 02/09/18 Sold $325,000 +2.3% $186 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $317,700 +15.4% $182 / Sq Ft
09/21/2017 09/21/17 Sold $275,400 0.0% $157 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
09/19/2017 09/19/17 For Sale $275,400 -- $157 / 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 $1,855 $82,900 $0 $0
2023 $1,855 $82,900 $0 $0
2022 $1,855 $82,900 $0 $0
2021 $1,855 $82,900 $0 $0
2020 $1,845 $66,725 $0 $0
2019 $1,845 $66,725 $0 $0
2018 $1,646 $66,725 $0 $0
2017 $1,824 $65,950 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2325267

Realtracs

APN: 145L-K-001.05