NOT LISTED FOR SALE

1507 Melody Ln Chattanooga, TN 37412

Estimated Value: $264,503 - $289,000

3 Beds
1.5 Baths
1,272 Sq Ft
$219/Sq Ft Est. Value

Last Sold July 05, 2019

Last sale price $155,000 $122 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,574/month

45 Days on Market

Highlights

  • Engineered Wood Flooring
  • No HOA
  • Breakfast Area or Nook
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Formal Dining Room

About This Home

As of July 2019

Location is prime!! Check out this absolutely charming home that is located in East Ridge and very accessible to downtown Chattanooga, dining, and shopping! This home has wood floors throughout and a full partially finished(209 Sq ft) basement with plenty of room for adding a bathroom, workshop etc. Garage is located in the basement but also has a carport directly off the kitchen. Don't miss this opportunity!! All reasonable offers considered!!

Last Agent to Sell the Property

Chad Russell

Keller Williams Realty Listed on: 04/19/2019

Last Buyer's Agent

GLORIA ROBERTS

NON-MEMBER License #261205

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,273

Year Built

  • Built in 1953

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 90.49x137.16
  • Sloped Lot

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Basement Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,272 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Engineered Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Free-Standing Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Crestwood Hgts Subdivision

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 168k H 038

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,273

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Lot Size: 90.49X137.16
  • Subdivision Name: Crestwood Hgts
  • Directions: From I-24 E Take exit 183 for Germantown Rd toward Belvoir Ave 0.1 mi Turn right onto S Germantown Rd 0.8 mi Turn right onto Ringgold Rd 0.5 mi Turn left onto S Seminole Dr 0.9 mi Turn left onto Crabtree Dr 167 ft Turn right onto Melody Ln Destination will be on the right
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 1272.0
  • New Construction: No
  • Year Built: 1953
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 168k H 038
  • Location Tax and Legal Elementary School: East Ridge Elementary
  • Location Tax and Legal Middle Or Junior School2: East Ridge Middle
  • Location Tax and Legal High School: East Ridge High
  • Location Tax and Legal:Tax Annual Amount: 1273.3
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 1
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: Yes
  • General Property Information Lot Size Acres: 0.28
  • General Property Information Lot Size Square Feet2: 12412.0
  • General Property Information Lot Size Dimensions: 90.49X137.16
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • General Property Information Carport Spaces2: 1.0
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels:Two: Yes
  • Flooring:Hardwood: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Interior Features Separate Dining Room: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Interior Features Breakfast Nook: Yes
  • Flooring Engineered Hardwood: Yes
  • Special Listing Conditions Trust: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Free-Standing Electric Range, Electric Water Heater, Dishwasher
  • Has Basement: Finished, Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Breakfast Nook, Primary Downstairs, Separate Dining Room
  • Basement:Unfinished: Yes
  • Appliances Dishwasher: Yes
  • Full Basement: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Lot Features: Sloped
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Slab
  • Patio And Porch Features: Porch, Porch - Covered
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Sloped: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Basement, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Basement: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 12412.0
  • Additional Parcels: No
  • Parcel #: 168k H 038
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1273.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2019
Closed on
Jul 5, 2019
Sold by
Wright Kenneth H and Knight Cynthia W
Bought by
Marno Ferree Linden
Seller's Agent
Chad Russell
Keller Williams Realty
Buyer's Agent
GLORIA ROBERTS
NON-MEMBER
List Price
$179,900
Sold Price
$155,000
Premium/Discount to List
-$24,900
-13.84%
Current Estimated Value
$278,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,376
Avg. Annual Appreciation
9.96%
Original Mortgage
$15,000
Outstanding Balance
$13,198
Interest Rate
3.82%
Mortgage Type
Stand Alone Second
Estimated Equity
$265,178

Purchase Details

Closed on
Aug 21, 2014
Sold by
Wright Kenneth H and Knight Cynthia W
Bought by
Wright Kenneth H and Knight Cynthia W
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
Marno Ferree Linden $155,000 Foundation T&E Chttanooga
Wright Kenneth H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marno Ferree Linden $15,000
Open Marno Ferree Linden $148,544
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2019 07/05/19 Sold $155,000 -13.8% $122 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $179,900 -- $141 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $830 $37,100 $0 $0
2023 $1,303 $37,100 $0 $0
2022 $1,303 $37,100 $0 $0
2021 $1,483 $37,100 $0 $0
2020 $1,273 $26,425 $0 $0
2019 $1,273 $26,425 $0 $0
2018 $1,273 $26,425 $0 $0
2017 $1,273 $26,425 $0 $0
2016 $1,255 $0 $0 $0
2015 $1,255 $25,450 $0 $0
2014 $1,255 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1298237

Greater Chattanooga REALTORS®

APN: 168K-H-038