NOT LISTED FOR SALE

1506 Heritage Landing Dr Unit 18B1 Chattanooga, TN 37405

Northshore Neighborhood

Estimated Value: $418,091 - $506,000

2 Beds
2 Baths
1,384 Sq Ft
$325/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $275,000 $199 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,897/month

Highlights

  • Water Views
  • Clubhouse
  • Tennis Courts
  • 79.15 Acre Lot
  • Separate Formal Living Room
  • Porch

About This Home

As of October 2021

Beautiful condo in Heritage Landing.

Last Agent to Sell the Property

Allison Lee

Greater Downtown Realty dba Keller Williams Realty License #321916 Listed on: 10/05/2021

Greater Downtown Realty dba Keller Williams Realty

Last Buyer's Agent

Ellen Eady

Greater Chattanooga Realty, Keller Williams Realty License #330000

Greater Chattanooga Realty, Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,811

Year Built

  • Built in 1986

Lot Details

  • 79.15 Acre Lot
  • Level Lot

HOA Fees

  • $344 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • 1,384 Sq Ft Home
  • Property has 3 Levels
  • Separate Formal Living Room
  • Water Views
  • Crawl Space

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • Normal Park Museum Magnet Elementary And Middle School
  • Red Bank High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 136H J 038 C038

Community Details

Overview

  • Heritage Landing Subdivision

Recreation

  • Tennis Courts

Additional Features

  • Clubhouse
  • Security Guard

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,811

Year Built

Built in 1986

Lot Details

0

HOA Fees

$344 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Other Condo
  • Year Built: 1986
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Disposal, Dishwasher
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 1384
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick, Other
  • Patio And Porch Features: Porch, Screened
  • Pool Private: No
  • Roof: Other
  • View: Water
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 344
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse, Tennis Court(s), Sidewalks
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Features: Level, Other
  • Lot Size Acres: 79.15
  • Lot Size Units: Acres
  • Parcel #: 136H J 038 C038
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2811

MLS Schools

  • Elementary School: Normal Park Museum Magnet School
  • High School: Red Bank High School
  • Middle Or Junior School: Normal Park Museum Magnet School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2021
Sold by
Blunt Constance Ford and Constance Ford Blunt Revocable
Bought by
Eady Ellen and Eady Stephen Allen
Current Estimated Value
$449,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$228,017
Interest Rate
2.96%
Mortgage Type
Commercial
Estimated Equity
$221,506

Purchase Details

Listed on
Mar 20, 2019
Closed on
May 22, 2019
Sold by
Bonner Joylyn and Love Joylyn M
Bought by
Revocable Trus Tagreement Of Constance F
Seller's Agent
Louellen Smith
Keller Williams Realty
Buyer's Agent
Allison Lee
Keller Williams Realty
List Price
$239,900
Sold Price
$230,500
Premium/Discount to List
-$9,400
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%

Purchase Details

Closed on
May 26, 2017
Sold by
Bonner William R
Bought by
Bonner Joylyn

Purchase Details

Listed on
Apr 2, 2015
Closed on
Aug 28, 2015
Sold by
Gehl Robert E and Gehl Cynthaia L
Bought by
Bonner William R and Bonner Joylyn
Seller's Agent
Kadi Brown
RE/MAX Renaissance Realtors
Buyer's Agent
Joh Gale
Education Registration
List Price
$235,000
Sold Price
$215,000
Premium/Discount to List
-$20,000
-8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$130,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2012
Closed on
Jun 14, 2012
Sold by
Mink Linda E
Bought by
Gehl Robert E and Gehl Cynthia L
Seller's Agent
Rob Robinson
Keller Williams Summit Realty
Buyer's Agent
Kadi Brown
RE/MAX Renaissance Realtors
List Price
$194,900
Sold Price
$189,000
Premium/Discount to List
-$5,900
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$100,000
Interest Rate
3.84%
Mortgage Type
Assumption

Purchase Details

Closed on
May 24, 2001
Sold by
Young Donna B
Bought by
Mink Linda E

Purchase Details

Closed on
Jul 31, 1997
Sold by
Julia Wallace
Bought by
Young Donna B
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
Eady Ellen $275,000 Cumberland Ttl & Guaranty Co
Revocable Trus Tagreement Of Constance F $230,500 Title Guaranty & Trust Co
Bonner Joylyn -- Title Guaranty & Trust Co
Bonner William R $215,000 Title Guarancy And Trust Co
Gehl Robert E $189,000 First Title
Mink Linda E $180,000 Northgate Title Escrow Inc
Young Donna B $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eady Ellen $250,000
Previous Owner Bonner Joylyn L $181,600
Previous Owner Bonner William R $25,000
Previous Owner Bonner William R $130,000
Previous Owner Gehl Robert E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2021 10/05/21 Sold $275,000 0.0% $199 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $275,000 +19.3% $199 / Sq Ft
05/22/2019 05/22/19 Sold $230,500 -3.9% $167 / Sq Ft
04/28/2019 04/28/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $239,900 +11.6% $173 / Sq Ft
08/28/2015 08/28/15 Sold $215,000 -8.5% $162 / Sq Ft
07/26/2015 07/26/15 Pending -- -- --
04/02/2015 04/02/15 For Sale $235,000 +12991.9% $177 / Sq Ft
11/20/2012 11/20/12 Sold $1,795 -16.5% $1 / Sq Ft
11/20/2012 11/20/12 Pending -- -- --
08/12/2012 08/12/12 For Sale $2,150 -98.9% $2 / Sq Ft
06/15/2012 06/15/12 Sold $189,000 -3.0% $143 / Sq Ft
06/04/2012 06/04/12 Pending -- -- --
01/06/2012 01/06/12 For Sale $194,900 -- $147 / 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 $1,470 $65,700 $0 $0
2023 $1,470 $65,700 $0 $0
2022 $1,470 $65,700 $0 $0
2021 $1,470 $65,700 $0 $0
2020 $1,542 $55,750 $0 $0
2019 $1,542 $55,750 $0 $0
2018 $1,269 $55,750 $0 $0
2017 $1,542 $55,750 $0 $0
2016 $1,328 $0 $0 $0
2015 $2,437 $0 $0 $0
2014 $2,437 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2344390

Realtracs

APN: 136H-J-038-C038