D
Seller's Agent in 2021
Debbie Sue Przybysz
Real Estate Partners Chattanooga, LLC
32 in this area
110 Total Sales
1503 W 48th St Chattanooga, TN 37409
Saint Elmo NeighborhoodEstimated Value: $391,357 - $459,000
2
Beds
2
Baths
1,459
Sq Ft
$298/Sq Ft
Est. Value
Highlights
- 1 Fireplace
- Porch
- Cooling Available
- No HOA
- Walk-In Closet
- 4-minute walk to St Elmo Park
About This Home
As of June 2021Searching for an adorable home that can provide passive income? Look no further, 1503 W48th street is a historic and well preserved 2 bed 2 bath home in the heart of St Elmo, a Historic Neighborhood at the foot of Lookout Mountain. This well laid out historic beauty offers tons of character with heart pine floors, 10 ft tall ceilings, large windows with great light, an open concept, lock off suite with separate entrance, and fully fenced in yard. The South facing sitting front porch is perfect for a morning coffee break or evening libation while watching your neighbors cruise by on the Virginia Ave bike path just a stones throw from this home. Through the front door and into the great room you are welcomed by tons of light, brick accents, the glow of heart pine floors and layout that draws you in. The open concept offers living room, dining room, and bar space attached to the kitchen, setting the stage for comfortable entertaining or a quiet airy sacred space just for yourself. The first of the 2 bedrooms is located off the living room and is accented by a beautiful original brick fireplace. The shared full bath is centrally located in the home and offers large soaking tub and extra space to move around. The second bedroom is located at the rear of the home and was previously used as a lock-off suite and rented out as a short term vacation rental. This suite offers a large bedroom, separate private bathroom with double headed walk in shower, sitting room, large closet, and laundry space. There are 2 additional exterior doors to this suite, one at the side for guest use, and one leading out the back in to the fully fenced in rear yard. A fire pit, storage shed, and privacy fence make this backyard a piece of secluded urban comfort. A little about the neighborhood: Historic St Elmo is an eclectic and vibrant neighborhood nestled at the foot of Lookout Mountain and roughly 4 miles from Downtown Chattanooga.
Last Agent to Sell the Property
Real Estate Partners Chattanooga, LLC Brokerage Phone: 4407590852 License #353531 Listed on: 05/12/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,069
Year Built
- Built in 1955
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 60x100
- Level Lot
Home Design
- Metal Roof
Interior Spaces
- 1,459 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
- Tile Flooring
- Crawl Space
- Fire and Smoke Detector
- Dishwasher
- Dryer
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Outdoor Features
- Porch
Schools
- Calvin Donaldson Elementary School
- Lookout Valley Middle / High School
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 167G G 007
Community Details
Overview
- No Home Owners Association
- St. Elmo Subdivision
Recreation
- Community Playground
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 12, 2021
Closed on
Jun 18, 2021
Sold by
Kinney Leanne
Bought by
Hendrix Frank Leonard and Hendrix Patricia Nevins
Seller's Agent
Debbie Sue Przybysz
Real Estate Partners Chattanooga, LLC
List Price
$295,000
Sold Price
$301,000
Premium/Discount to List
$6,000
2.03%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,812
Avg. Annual Appreciation
7.05%
Original Mortgage
$225,750
Outstanding Balance
$207,755
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$191,659
Purchase Details
Listed on
Jun 18, 2015
Closed on
Jul 9, 2015
Sold by
Fannie Mae
Bought by
Kinney Leanne
Seller's Agent
Cindy Walker
Crye-Leike, REALTORS
Buyer's Agent
Joal Henke
Keller Williams Realty
List Price
$64,000
Sold Price
$72,000
Premium/Discount to List
$8,000
12.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.18%
Purchase Details
Closed on
Mar 12, 2015
Sold by
Benjamin Jeffery E
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Apr 27, 2006
Sold by
Hightshue Douglas W and Hightshue Honor U
Bought by
Benjamin Jeffery E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Oct 30, 1997
Sold by
Bonnie Cook Lilly W Peacock and Bonnie Glenda S
Bought by
Hightshue Douglas W and Hightshue Honor U
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
7.39%
Mortgage Type
Construction
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hendrix Frank Leonard | $301,000 | First Choice Title Inc | |
| Kinney Leanne | $72,000 | None Available | |
| Federal National Mortgage Association | $90,821 | None Available | |
| Benjamin Jeffery E | $120,000 | None Available | |
| Hightshue Douglas W | $22,400 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hendrix Frank Leonard | $225,750 | |
| Previous Owner | Benjamin Jeffery E | $116,400 | |
| Previous Owner | Hightshue Douglas W | $68,000 | |
| Previous Owner | Hightshue Douglas W | $14,000 | |
| Previous Owner | Hightshue Douglas W | $48,000 | |
| Previous Owner | Hightshue Douglas W | $39,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2021 06/18/21 | Sold | $301,000 | +2.0% | $206 / Sq Ft |
| 05/15/2021 05/15/21 | Pending | -- | -- | -- |
| 05/12/2021 05/12/21 | For Sale | $295,000 | +309.7% | $202 / Sq Ft |
| 07/09/2015 07/09/15 | Sold | $72,000 | +12.5% | $48 / Sq Ft |
| 06/30/2015 06/30/15 | Pending | -- | -- | -- |
| 06/18/2015 06/18/15 | For Sale | $64,000 | -- | $43 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $1,165 | $52,075 | $0 | $0 |
| 2023 | $1,165 | $52,075 | $0 | $0 |
| 2022 | $1,165 | $52,075 | $0 | $0 |
| 2021 | $705 | $31,500 | $0 | $0 |
| 2020 | $586 | $21,200 | $0 | $0 |
| 2019 | $586 | $21,200 | $0 | $0 |
| 2018 | $609 | $21,200 | $0 | $0 |
| 2017 | $586 | $21,200 | $0 | $0 |
| 2016 | $539 | $0 | $0 | $0 |
| 2015 | $1,103 | $19,475 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
C
Seller's Agent in 2015
Cindy Walker
Crye-Leike, REALTORS
-
Buyer's Agent in 2015
Joal Henke
Keller Williams Realty
(423) 413-0832
3 in this area
217 Total Sales
Map
Source: Realtracs
MLS Number: 2343199
APN: 167G-G-007
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