NOT LISTED FOR SALE

Estimated Value: $636,547 - $793,000

3 Beds
2.5 Baths
2,256 Sq Ft
$317/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $560,000 $248 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,092/month

12 Days on Market

Highlights

  • Contemporary Architecture
  • Porch
  • Cooling Available
  • Wood Flooring
  • Walk-In Closet
  • Central Heating

About This Home

As of December 2021

Welcome home to the heart of urban living in Chattanooga's Southside district, downtown. This gorgeous home situated in the popular subdivision of Madison Place features beautiful contemporary design with an open concept floor plan filled with natural light, a gas fireplace, 10 ft ceilings and a custom kitchen to die for. This is the perfect home for entertaining and gathering with family and friends! The privately situated master suite boasts a well designed ensuite bathroom, walk in closet and vaulted ceiling. Upstairs you will find 2 large bedrooms and a useful flex/office space. It is located a short walk away from many of the finest restaurants and bars that Chattanooga has to offer. Book your showing today!

Last Buyer's Agent

Kelly Shikoh

Real Estate Partners Chattanooga, LLC License #344367

Real Estate Partners Chattanooga, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,495

Year Built

  • Built in 2016

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 25.02x155.27
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Shake Roof
  • Wood Roof

Interior Spaces

  • 2,256 Sq Ft Home
  • Property has 3 Levels
  • Gas Fireplace
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • 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 M 001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,495

Year Built

Built in 2016

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 2016
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: High Ceilings, Open Floorplan, Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Refrigerator, Microwave, Dishwasher
  • Fireplace Features: Gas, Great Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 2256
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Fiber Cement, Brick
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Shake, Wood
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Detached
  • Total Parking Spaces: 2

Utilities

  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Water Available

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Annually
  • Amenities: Sidewalks
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.08
  • Lot Size: 25.02X155.27
  • Lot Size Units: Acres
  • Parcel #: 145L M 001
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4495

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
Nov 10, 2021
Closed on
Dec 30, 2021
Sold by
Potluri Pramod and Potluri Tamara
Bought by
Wakefield Spencer and Wakefield Natasha
Buyer's Agent
Kelly Shikoh
Real Estate Partners Chattanooga, LLC
List Price
$579,000
Sold Price
$560,000
Premium/Discount to List
-$19,000
-3.28%
Current Estimated Value
$714,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,137
Avg. Annual Appreciation
7.03%
Original Mortgage
$504,000
Outstanding Balance
$465,447
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$253,187

Purchase Details

Listed on
Aug 18, 2021
Closed on
Oct 4, 2021
Sold by
Daily Brian Christopher and Acuna Marla Teresa
Bought by
Potluri Pramod and Potluri Tamar
List Price
$499,990
Sold Price
$500,000
Premium/Discount to List
$10
0.002%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.35%
Original Mortgage
$400,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2020
Closed on
Oct 15, 2020
Sold by
Harman Ian J and Harman Xamena M
Bought by
Daily Brian Christopher and Bou Acuna Maria
Seller's Agent
Beth Harrell
Crye-Leike, REALTORS
Buyer's Agent
Randy Durham
Keller Williams Realty
List Price
$424,500
Sold Price
$430,000
Premium/Discount to List
$5,500
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.82%
Original Mortgage
$344,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2016
Closed on
Jul 26, 2016
Sold by
Rtb Holdings Llc
Bought by
Harman Ian J and Harman Xamena M
Seller's Agent
Jim Lea
Keller Williams Realty
Buyer's Agent
Doug Lawrence
Berkshire Hathaway HomeServices Realty Center
List Price
$359,700
Sold Price
$363,900
Premium/Discount to List
$4,200
1.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.04%
Original Mortgage
$327,510
Interest Rate
3.54%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Wakefield Spencer $560,000 Cumberland Ttl & Guaranty Co
Potluri Pramod $500,000 Cumberland Title & Guaranty
Daily Brian Christopher $430,000 None Available
Harman Ian J $363,900 First Choice Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wakefield Spencer $504,000
Previous Owner Potluri Pramod $400,000
Previous Owner Daily Brian Christopher $344,000
Previous Owner Harman Ian J $327,510
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $560,000 -3.3% $248 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $579,000 +15.8% $257 / Sq Ft
10/04/2021 10/04/21 Sold $500,000 0.0% $222 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $499,990 +16.3% $222 / Sq Ft
10/15/2020 10/15/20 Sold $430,000 +1.3% $191 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $424,500 +16.7% $188 / Sq Ft
08/02/2016 08/02/16 Sold $363,900 +1.2% $178 / Sq Ft
05/14/2016 05/14/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $359,700 -- $175 / 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 $2,450 $109,500 $0 $0
2023 $2,450 $109,500 $0 $0
2022 $2,450 $109,500 $0 $0
2021 $2,450 $109,500 $0 $0
2020 $2,465 $89,150 $0 $0
2019 $2,465 $89,150 $0 $0
2018 $2,156 $89,150 $0 $0
2017 $2,465 $89,150 $0 $0
2016 $980 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2719909

Realtracs

APN: 145L-M-001