NOT LISTED FOR SALE

1507 E Ridge Ave Chattanooga, TN 37412

Estimated Value: $239,749

2 Beds
1 Bath
1,398 Sq Ft
$171/Sq Ft Est. Value

Last Sold December 19, 2017

Last sale price $120,000 $86 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,366/month

Highlights

  • Open Floorplan
  • No HOA
  • 1 Car Garage
  • Wood Flooring
  • Central Heating and Cooling System
  • ENERGY STAR Qualified Windows

About This Home

As of December 2022

Updated 2/1 with an additional room that could be used for an office located in E. Ridge and less than 5 minutes to Downtown Chattanooga. This property features a large fenced backyard and a detached 1 car garage area for plenty of storage. This property has been a commercial office space since 2017 and could continue as a commercial office space should that be the desired use. This home has hardwood flooring throughout the main living areas and bedrooms/offices, all new paint throughout, new marble countertops in the kitchen, stainless steel appliances, a all new exterior and parking lot in 2019. New HAVC in 2022. Lawn Maintenance and quarterly pest control is included and required by the landlord. MORE PHOTOS TO FOLLOW

Last Agent to Rent the Property

Wade Trammell

Greater Downtown Realty dba Keller Williams Realty License #334155 Listed on: 12/29/2022

Greater Downtown Realty dba Keller Williams Realty

Last Renter's Agent

Wade Trammell

Greater Downtown Realty dba Keller Williams Realty License #334155 Listed on: 12/29/2022

Greater Downtown Realty dba Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,398 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • ENERGY STAR Qualified Windows
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • East Ridge Elementary School
  • East Ridge Middle School
  • East Ridge High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • East Ridge Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 169H D 005

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0 Sq Ft Lot

Parking

1

Rental Info

  • Pets Allowed: No

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Open Floorplan
  • Appliances: Refrigerator, Dishwasher, Oven, Range
  • Flooring: Wood, Tile
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 1398
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Stone, Vinyl Siding, Other, Brick
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Detached
  • Total Parking Spaces: 1

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: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Size Units: Acres
  • Parcel #: 169H D 005
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: East Ridge Elementary School
  • High School: East Ridge High School
  • Middle Or Junior School: East Ridge Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2017
Closed on
Dec 19, 2017
Sold by
Hickerson Ray H and Hickerson Betty W
Bought by
Jlaw Properties Tn Llc
Seller's Agent
Betty Hickerson
Horizon Sotheby's International Realty
Buyer's Agent
Wade Trammell
Keller Williams Realty
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%
Current Estimated Value
$239,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,749
Avg. Annual Appreciation
8.76%
Original Mortgage
$102,000
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 30, 1997
Sold by
Ray Hickerson H
Bought by
Hickerson H Ray and Hickerson Betty W
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jlaw Properties Tn Llc $120,000 None Available
Hickerson H Ray -- First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jlaw Properties Tn Llc $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2024 09/21/24 Off Market $2,100 -- --
12/29/2022 12/29/22 Rented -- -- --
12/29/2022 12/29/22 Under Contract -- -- --
12/29/2022 12/29/22 Rented -- -- --
12/29/2022 12/29/22 Rented $2,100 0.0% --
11/24/2022 11/24/22 For Rent $2,100 -98.3% --
11/23/2022 11/23/22 For Rent -- -- --
12/19/2017 12/19/17 Sold $120,000 -7.7% $114 / Sq Ft View Prior Sale
11/21/2017 11/21/17 Pending -- -- --
11/02/2017 11/02/17 For Sale $130,000 -- $123 / Sq Ft
Source: Realtracs

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
2025 $1,410 $93,000 $0 $0
2024 $1,067 $47,680 $0 $0
2023 $1,672 $47,680 $0 $0
2022 $1,672 $47,680 $0 $0
2021 $1,912 $47,680 $0 $0
2020 $1,642 $33,960 $0 $0
2019 $1,642 $33,960 $0 $0
2018 $1,642 $33,960 $0 $0
2017 $1,642 $33,960 $0 $0
2016 $1,613 $0 $0 $0
2015 $1,613 $32,560 $0 $0
2014 $1,613 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2715961

Realtracs

APN: 169H-D-005

Your Personal Tour Guide

Ask me questions while you tour the home.