NOT LISTED FOR SALE

1508 Prater Rd Chattanooga, TN 37412

Estimated Value: $173,000 - $236,000

3 Beds
1 Bath
1,257 Sq Ft
$168/Sq Ft Est. Value

Last Sold March 22, 2016

Last sale price $84,240 $67 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $1,198/month

127 Days on Market

Highlights

  • Deck
  • No HOA
  • Formal Dining Room
  • Wood Flooring
  • Sitting Room
  • Bathtub with Shower

About This Home

As of March 2016

Don't miss out on this wonderful opportunity for first-time buyers, downsizers or investors! This adorable bungalow is located in the heart of East Ridge. The kitchen and bath have been remodeled. The gas range was purchased in May 2015. The master bedroom features a nice sitting area. The house has new, low E windows. New, low E french doors open to the back deck and fenced back yard. Insulation exceeding TVA recommendation was added in 2013. The roof is only 2 years old. This home is conveniently located only minutes from the interstate. Schedule an appointment to view today!

Last Agent to Sell the Property

Channing Brogdon

Keller Williams Realty License #333634 Listed on: 09/29/2015

Last Buyer's Agent

Linda Sneed

Crye-Leike, REALTORS License #245278

Crye-Leike, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $863

Year Built

  • Built in 1947

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60x150
  • Fenced
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Foundation
  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,257 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Low Emissivity Windows
  • Insulated Windows
  • Window Treatments
  • Aluminum Window Frames
  • Family Room
  • Sitting Room
  • Formal Dining Room
  • Basement
  • Crawl Space
  • Storage In Attic

Kitchen

  • Free-Standing Gas Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

  • Spring Creek Elementary School
  • East Ridge Middle School
  • East Ridge High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • High-Efficiency Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Castle Park Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 169l G 017

Home Details

Home Type

Single Family

Est. Annual Taxes

$863

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Lot Size: 60X150
  • Inclusions: Furnished/Unfurnished: Unfurnished
  • Subdivision Name: Castle Park Addn
  • Directions: FROM I-75 S, TAKE EXIT 1, R. TO US-41 TOWARD EAST RIDGE, L. TO PRATER RD, HOUSE ON THE LEFT WITH SIGN IN YARD.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1257.0
  • New Construction: No
  • Efficiency: Appliances, HVAC, Water Heater
  • Structure Type: Free Standing Building
  • Year Built: 1947
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 169l G 017
  • Location Tax and Legal Elementary School: Spring Creek 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: 862.71
  • Location Tax and Legal Additional Parcels YN: No
  • 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: No
  • General Property Information Lot Size Acres: 0.21
  • General Property Information Lot Size Square Feet2: 9147.6
  • General Property Information Lot Size Dimensions: 60X150
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Laundry Closet: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Roof Asphalt5: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Fencing Fenced: Yes
  • Security Features:Security System: Yes
  • Interior Features Separate Dining Room: Yes
  • Foundation Details BrickMortar: Yes
  • Interior Features Sitting Area: Yes
  • Other Structures:Out Building: Yes
  • Foundation Details Stone2: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Water Heater, Free-Standing Gas Range
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Connected Shared Bathroom, Primary Downstairs, Separate Dining Room, Sitting Area, Tub/shower Combo
  • Window Features: Aluminum Frames, Insulated Windows, Low-Emissivity Windows, Window Treatments
  • Basement:Crawl Space: Yes
  • Appliances:Free-Standing Gas Range: Yes
  • Attic Features:Storage Only: Yes
  • Appliances:Gas Water Heater: Yes
  • Community Features:None4: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Ceiling Fan(s)2: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level
  • Pool Features: None
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Brick/Mortar, Stone
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt, Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Aluminum Frames: Yes
  • Window Features:Window Treatments: Yes
  • Window Features:Low Emissivity Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Additional Parcels: No
  • Parcel #: 169l G 017
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:HVAC: Yes
  • Green Energy Efficient:Appliances: Yes
  • Green Energy Efficient:Water Heater: Yes

Tax Info

  • Tax Annual Amount: 862.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2015
Closed on
Mar 22, 2016
Sold by
Merriman Margaret and Swenson Roxanne
Bought by
Donahue Eria H and Donahue Alice F
Seller's Agent
Channing Brogdon
Keller Williams Realty
Buyer's Agent
Linda Sneed
Crye-Leike, REALTORS
List Price
$89,900
Sold Price
$84,240
Premium/Discount to List
-$5,660
-6.3%
Current Estimated Value
$210,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,574
Avg. Annual Appreciation
10.04%
Original Mortgage
$87,019
Outstanding Balance
$69,995
Interest Rate
3.65%
Mortgage Type
VA
Estimated Equity
$138,527

Purchase Details

Closed on
Nov 30, 2012
Sold by
Rittgers Jennifer E
Bought by
Merriman Margaret and Swenson Roxanne

Purchase Details

Closed on
Apr 15, 2005
Sold by
Day Ronald M
Bought by
Rittgers Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 21, 2003
Sold by
Poe Bobby R and Poe Louise
Bought by
Day Ronald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,320
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 1997
Sold by
Heaton Kristina E
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,469
Interest Rate
7.19%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 1997
Sold by
Devore Deloise J and Hargraves Barbara
Bought by
Heaton Kristina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,469
Interest Rate
7.19%
Mortgage Type
FHA
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
Donahue Eria H $84,240 Rlty Title & Escrow Svcs Inc
Merriman Margaret $86,000 First Title
Rittgers Jennifer E $91,000 First Title
Day Ronald M $82,900 Title Escrow Of Chatt Inc
Hud $61,020 --
Heaton Kristina E $58,300 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donahue Eria H $87,019
Previous Owner Prestorage & Co $489,967
Previous Owner Rittgers Jennifer E $91,000
Previous Owner Day Ronald M $16,500
Previous Owner Day Ronald M $66,320
Previous Owner Poe Bobby R $40,000
Previous Owner Heaton Kristina E $58,469
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2016 03/22/16 Sold $84,240 -6.3% $67 / Sq Ft
02/03/2016 02/03/16 Pending -- -- --
09/29/2015 09/29/15 For Sale $89,900 +10476.5% $72 / Sq Ft
07/10/2014 07/10/14 Sold $850 -5.6% $1 / Sq Ft
07/10/2014 07/10/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $900 -- $1 / 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 $700 $31,300 $0 $0
2023 $1,101 $31,300 $0 $0
2022 $1,101 $31,300 $0 $0
2021 $1,281 $31,300 $0 $0
2020 $1,063 $21,300 $0 $0
2019 $1,063 $21,300 $0 $0
2018 $1,063 $21,300 $0 $0
2017 $1,063 $21,300 $0 $0
2016 $1,052 $0 $0 $0
2015 $1,052 $20,600 $0 $0
2014 $1,052 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1235282

Greater Chattanooga REALTORS®

APN: 169L-G-017