NOT LISTED FOR SALE

1516 Melody Ln Chattanooga, TN 37412

Estimated Value: $407,000 - $535,000

4 Beds
3 Baths
3,000 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $280,000 $93 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,611/month

2 Days on Market

Highlights

  • In Ground Pool
  • Fireplace in Kitchen
  • Wood Flooring
  • 1.36 Acre Lot
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of August 2017

Rare find in East Ridge. Beautiful home with all the fixin's: hardwoods throughout, upscale appliances, granite countertops. The 1.3 acre semi-private lot includes a secluded in ground pool, spacious screened porch complete with AstroTurf and extensive decking. Everything is in excellent condition. This home is a find!

Last Agent to Sell the Property

Stephen Abercrombie

Crye-Leike, REALTORS Listed on: 06/29/2017

Last Buyer's Agent

Jennifer Cooper

RE/MAX Properties License #275972

RE/MAX Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,457

Year Built

  • Built in 1979

Lot Details

  • 1.36 Acre Lot
  • Lot Dimensions are 245.14x232.5
  • Level Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Brick Foundation
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Family Room with Fireplace
  • Great Room
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Den with Fireplace
  • Screened Porch
  • Home Security System
  • Washer and Gas Dryer Hookup

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Trash Compactor
  • Fireplace in Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Finished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Gazebo

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

  • Assessor Parcel Number 168k L 002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,457

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.36
  • Lot Size: 245.14X232.5
  • Subdivision Name: Crestwood Hgts
  • Directions: From downtown Chattanooga: I24 east to the first East Ridge exit. Go through the tunnels. Right on John Ross Rd. Right on Cherokee Ave. right on Melody Ln. House is on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 3000.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1979
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 168k L 002
  • 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: 2456.75
  • 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: 1.36
  • General Property Information Lot Size Square Feet2: 59241.6
  • General Property Information Lot Size Dimensions: 245.14X232.5
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: 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 Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Security Features:Security System: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Foundation Details BrickMortar: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Pool Features In Ground: Yes
  • Foundation Details Stone2: Yes
  • Other Structures Gazebo: Yes
  • Special Features: None

Interior Features

  • Appliances: Trash Compactor, Refrigerator, Microwave, Free-Standing Electric Range, Electric Water Heater, Dishwasher
  • Has Basement: Crawl Space, Finished, Partial
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Den, Dining Room, Family Room, Gas Log, Kitchen
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Primary Downstairs, Separate Dining Room, Separate Shower, Tub/shower Combo, Walk-In Closet(s)
  • Window Features: Vinyl Frames
  • ResoLivingAreaSource: Owner
  • Appliances Dishwasher: Yes
  • Basement:Partial: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Trash Compactor: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Appliances:Electric Water Heater: Yes
  • Community Features:None4: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Fireplace Features:Den2: Yes
  • Fireplace Features:Family Room2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Granite Counters: Yes
  • Fireplace Features:Dining Room2: Yes
  • Fireplace Features:Kitchen2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes

Exterior Features

  • Lot Features: Gentle Sloping, Level
  • Pool Features: In Ground
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Brick/Mortar, Stone
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Porch - Screened
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Vinyl Frames: Yes
  • Lot Features:Level: Yes
  • Lot Features:Gentle Sloping: Yes
  • Patio And Porch Features:Covered: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Security System
  • 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

  • Community Features: None
  • 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: 59241.6
  • Additional Parcels: No
  • Parcel #: 168k L 002
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2456.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2017
Closed on
Aug 4, 2017
Sold by
Templeton Angela K and Gilbert Glenda
Bought by
Kohlmeter Arlene N and Kohlmeter Melero Melodee Ann
Seller's Agent
Stephen Abercrombie
Crye-Leike, REALTORS
Buyer's Agent
Jennifer Cooper
RE/MAX Properties
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%
Current Estimated Value
$458,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,621
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Aug 13, 2014
Sold by
Carter John A and Carter Sandra E
Bought by
Templeton Angela K and Gilbert Glenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 12, 2005
Sold by
Avans Andrea Bostain and Avans Eric Presley
Bought by
Carter John A and Carter Sandra E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.66%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 1, 2004
Sold by
Ramsey Terrell C and Ramsey Valarie S
Bought by
Bostain Avans Eric Presley and Bostain Avans Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,910
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1997
Sold by
Keown James B and Keown Vickie Lynn
Bought by
Ramsey Terrell C and Ramsey Valarie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 2, 1995
Sold by
Spruill Byron A and Spruill Vickie L
Bought by
Lyn Keown James B and Lyn Vickie
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
Kohlmeter Arlene N $280,000 Alliance Title Llc
Templeton Angela K $210,000 Title Insurance Company Of C
Carter John A $178,400 Title Insurance Company
Bostain Avans Eric Presley $199,900 Title Insurance Company
Ramsey Terrell C $150,000 Pioneer Title Agency Inc
Lyn Keown James B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melero Melodee $22,500
Previous Owner Templeton Angela K $203,759
Previous Owner Templeton Angela K $206,196
Previous Owner Carter John A $20,000
Previous Owner Carter John A $50,000
Previous Owner Bostain Avans Eric Presley $179,910
Previous Owner Ramsey Terrell C $174,000
Previous Owner Ramsey Terrell C $61,000
Previous Owner Ramsey Terrell C $42,000
Previous Owner Ramsey Terrell C $15,000
Previous Owner Ramsey Terrell C $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold $280,000 -1.8% $93 / Sq Ft
07/01/2017 07/01/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $285,000 -- $95 / 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 $1,573 $70,300 $0 $0
2023 $2,461 $70,300 $0 $0
2022 $2,461 $70,300 $0 $0
2021 $2,641 $70,300 $0 $0
2020 $2,360 $52,900 $0 $0
2019 $2,360 $52,900 $0 $0
2018 $2,360 $52,900 $0 $0
2017 $2,360 $52,900 $0 $0
2016 $2,457 $0 $0 $0
2015 $2,457 $54,150 $0 $0
2014 $2,457 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1266346

Greater Chattanooga REALTORS®

APN: 168K-L-002