NOT LISTED FOR SALE

Estimated Value: $284,000 - $316,000

3 Beds
2 Baths
1,512 Sq Ft
$196/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $290,000 $192 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,628/month

52 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Porch
  • Deck
  • No HOA
  • Patio

About This Home

As of February 2024

This charming 3 bed/2 bath home is more than just a residence—it's a smart investment in your future. Priced at $295,000, this 1,512 square ft. home offers not only a place to call home but also the potential for a savvy homeowner to optimize their investment and rent out the other side.

Discover the income potential with a full apartment—an excellent solution for those looking to offset their mortgage. Includes a separate entrance, the attached unit includes 1 bed and 1 bath, kitchen, living room and washer/dryer. This space is perfect for a rental opportunity or a mother-in-law suite.

The main entrance opens into the living room and is flooded with natural light, creating an inviting atmosphere throughout. There are two bedrooms and a full bathroom. There is a room that opens up to the back porch that could be turned into a fourth bedroom or used as a playroom or home office. This room also includes washer/dryer hookups.

Step outside to an expansive, flat yard with a great deck. Whether you envision a lush garden or a play area for children, the possibilities are endless.

Park with ease in the generous detached double garage, providing not only secure parking but also additional storage space.

Situated in a prime location, 1438 Ely Rd offers proximity to everyday essentials. Target, Walmart, grocery stores, and parks are all within reach, making errands a breeze and providing ample recreational opportunities for the entire family.

Don't miss out on this rare chance to own a home that not only meets your current needs but also provides the flexibility to evolve with your lifestyle. Embrace the potential for additional income through strategic house hacking or relish in the comfort of having a dedicated space for extended family. Your dream home awaits at 1438 Ely Rd—seize the opportunity today!

Last Agent to Sell the Property

Mac Hibbett

Crye-Leike, REALTORS License #321037 Listed on: 11/27/2023

Crye-Leike, REALTORS

Co-Listed By

Tricia Peterson

Crye-Leike, REALTORS License #354864

Last Buyer's Agent

Fiona Eischeid

Keller Williams Realty License #274949

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,582

Year Built

  • Built in 1955

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Level Lot

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wood Flooring

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Gray Laura Subdivision

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 109l M 006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,582

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Lot Size: 100X150
  • Co List Office Mls Id: 10097
  • Co List Office Phone: 423-756-0771
  • Subdivision Name: Gray Laura
  • Directions: South on Hixson Pike turn right on Ely Road. Home is on the left side.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1512.0
  • New Construction: No
  • Year Built: 1955
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 109l M 006
  • Location Tax and Legal Elementary School: DuPont 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: 1581.77
  • 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: 0.34
  • General Property Information Lot Size Square Feet2: 14810.4
  • General Property Information Lot Size Dimensions: 100X150
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Remarks and Miscellaneous Public Remarks2: This charming 3 bed/2 bath home is more than just a residence—it's a smart investment in your future. Priced at $295,000, this 1,512 square ft. home offers not only a place to call home but also the potential for a savvy homeowner to optimize their investment and rent out the other side. Discover the income potential with a full apartment—an excellent solution for those looking to offset their mortgage. Includes a separate entrance, the attached unit includes 1 bed and 1 bath, kitchen, living room and washer/dryer. This space is perfect for a rental opportunity or a mother-in-law suite. The main entrance opens into the living room and is flooded with natural light, creating an inviting atmosphere throughout. There are two bedrooms and a full bathroom. There is a room that opens up to the back porch that could be turned into a fourth bedroom or used as a playroom or home office. This room also includes washer/dryer hookups. Step outside to an expansive, flat yard with a great deck. Whether you envision a lush garden or a play area for children, the possibilities are endless. Park with ease in the generous detached double garage, providing not only secure parking but also additional storage space. Situated in a prime location, 1438 Ely Rd offers proximity to everyday essentials. Target, Walmart, grocery stores, and parks are all within reach, making errands a breeze and providing ample recreational opportunities for the entire family. Don't miss out on this rare chance to own a home that not only meets your current needs but also provides the flexibility to evolve with your lifestyle. Embrace the potential for additional income through strategic house hacking or relish in the comfort of having a dedicated space for extended family. Your dream home awaits at 1438 Ely Rd—seize the opportunity today!
  • Utilities:Electricity Available: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Hardwood: Yes
  • Roof:Shingle: Yes
  • Foundation Details Block2: Yes
  • Levels:One: Yes
  • General Property Information Attached Carport YN2: No
  • Special Listing Conditions Trust: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Free-Standing Electric Range, Electric Water Heater, Dishwasher
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Open Floorplan, Primary Downstairs
  • Appliances Dishwasher: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Basement:None3: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Block
  • 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:Level: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Off Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Electricity Available, Underground Utilities
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Additional Parcels: No
  • Parcel #: 109l M 006
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1581.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Feb 22, 2024
Sold by
Conklin Family Trust
Bought by
Trotter John M and Trotter Katherine Hulse
Seller's Agent
Mac Hibbett
Crye-Leike, REALTORS
Buyer's Agent
Fiona Eischeid
Keller Williams Realty
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%
Views
115
Current Estimated Value
$297,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,018
Avg. Annual Appreciation
1.34%
Original Mortgage
$275,500
Outstanding Balance
$270,677
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$26,341

Purchase Details

Listed on
Mar 10, 2023
Closed on
Mar 31, 2023
Sold by
Lyon Belinda Faye
Bought by
Conklin Warren Conklin
Seller's Agent
Kim Bass
The Group Real Estate Brokerage
Buyer's Agent
Allison Lee
Keller Williams Realty
List Price
$257,000
Sold Price
$251,000
Premium/Discount to List
-$6,000
-2.33%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.41%

Purchase Details

Closed on
May 14, 2015
Sold by
Goforth Berna Faye
Bought by
Goforth Randy Frank and Lyon Belinda Faye

Purchase Details

Closed on
May 4, 2004
Sold by
Goforth Terry Bruce
Bought by
Goforth Berna Faye
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Trotter John M $290,000 Realty Title
Conklin Warren Conklin $251,000 --
Goforth Randy Frank -- None Available
Goforth Berna Faye -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trotter John M $275,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2024 02/21/24 Sold $290,000 +3.6% $192 / Sq Ft
01/20/2024 01/20/24 Off Market $279,900 -- --
01/10/2024 01/10/24 Price Changed $279,900 -5.1% $185 / Sq Ft
11/27/2023 11/27/23 For Sale $295,000 +17.5% $195 / Sq Ft
03/31/2023 03/31/23 Sold $251,000 -2.3% $166 / Sq Ft View Prior Sale
03/12/2023 03/12/23 Off Market $257,000 -- --
03/10/2023 03/10/23 For Sale $257,000 -- $170 / 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 $789 $35,250 $0 $0
2023 $789 $35,250 $0 $0
2022 $789 $35,250 $0 $0
2021 $1,749 $35,250 $0 $0
2020 $738 $26,700 $0 $0
2019 $738 $26,700 $0 $0
2018 $734 $26,700 $0 $0
2017 $738 $26,700 $0 $0
2016 $720 $0 $0 $0
2015 $1,437 $26,050 $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: 1383143

Greater Chattanooga REALTORS®

APN: 109L-M-006