NOT LISTED FOR SALE

Estimated Value: $228,000 - $363,000

2 Beds
2 Baths
1,108 Sq Ft
$262/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $315,400 $285 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,757/month

26 Days on Market

Highlights

  • 0.3 Acre Lot
  • Walk-In Closet
  • Patio
  • Deck
  • Cooling Available
  • Tile Flooring

About This Home

As of March 2022

Welcome to Fagan Flats! These one-level open concept condos offer the option of owning for less than renting. The Fagan Flats development is conveniently located in the bustling Park District and within walking distance to locally-owned restaurants, bars, music venues and shopping in the Southside. Already known for its thriving art, music, food and social scene, the Park District is fast becoming Chattanooga's newest hot spot due its location and flurry of new developments. Nearby destinations include the Stove Works Art building and Sculpture Fields at Montague Park. Professionally designed by HK Architects. Fagan Flats is a 3 story building with covered, ground floor parking for residents. AirBnB/VRBO is an option with proper city permitting. Anticipated completion December 2021.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,203

Year Built

  • Built in 2021

Lot Details

  • 0.3 Acre Lot

HOA Fees

  • $123 Monthly HOA Fees

Home Design

  • Property Attached

Interior Spaces

  • 1,108 Sq Ft Home
  • Property has 3 Levels
  • ENERGY STAR Qualified Windows
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Fagan Flats Subdivision

Listing and Financial Details

  • Assessor Parcel Number 146P F 007 C106

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,203

Year Built

Built in 2021

Lot Details

0

HOA Fees

$123 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Other Condo
  • Year Built: 2021
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: NEW
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Builder
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Interior Amenities: Open Floorplan, Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Refrigerator, Microwave, Dishwasher
  • Fireplace: No
  • Flooring: Tile, Vinyl
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Building Area Units: Square Feet
  • Living Area: 1108
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Builder

Exterior Features

  • Construction Type: Fiber Cement
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Roof: Other
  • View: No
  • 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: Water Available

Condo/Co-op/Association

  • Association Fee: 123
  • Association Fee Frequency: Monthly
  • Amenities: Sidewalks
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Units: Acres
  • Parcel #: 146P F 007 C106
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

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
May 31, 2022
Sold by
Chatta Resi Partners Llc
Bought by
Anchanattu Justin S and Anchanattu Abigail G
Current Estimated Value
$290,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,920
Outstanding Balance
$187,219
Interest Rate
5.1%
Estimated Equity
$146,155
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
Anchanattu Justin S $244,900 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anchanattu Justin S $195,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $315,400 -4.4% $285 / Sq Ft
09/05/2021 09/05/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $329,900 -- $298 / 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 $1,203 $53,750 $0 $0
2023 $1,203 $53,750 $0 $0
2022 $1,203 $53,750 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2886794

Realtracs

APN: 146P-F-007-C106