1516 Union Ave Chattanooga, TN 37404
Highland Park Neighborhood
--
Bed
--
Bath
3,062
Sq Ft
8,712
Sq Ft Lot
Highlights
- No HOA
- Central Heating
- 2-minute walk to Shaw Playground
- Cooling Available
- Property has 3 Levels
About This Home
As of June 2022Great Investment Opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,224
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 53.25x134
Home Design
- Property Attached
Interior Spaces
- 3,062 Sq Ft Home
- Property has 3 Levels
Schools
- Orchard Knob Elementary School
- Orchard Knob Middle School
- Howard School Of Academics Technology High School
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 146J G 016
Community Details
Overview
- No Home Owners Association
- 3 Units
- I W Hendersons Subdivision
Building Details
- Gross Income $15,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 26, 2021
Closed on
May 31, 2022
Sold by
R & E Acquisitions 1 Llc
Bought by
Worland Craig and Worland Taylor
List Price
$489,900
Sold Price
$489,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$507,536
Outstanding Balance
$483,605
Interest Rate
5.1%
Mortgage Type
VA
Estimated Equity
$134,102
Purchase Details
Closed on
Dec 10, 2020
Sold by
Tilghman Andrew
Bought by
R & E Acquisitions I Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Apr 28, 2006
Sold by
Young James
Bought by
Kinsey Paul A and Kinsey Lisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Feb 24, 2006
Sold by
I Buy Houses Cash Inc
Bought by
Young James
Purchase Details
Closed on
Feb 15, 2006
Sold by
Law Jerry
Bought by
I Buy Houses Cash Inc
Similar Home in Chattanooga, TN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $489,900 | Nunnally & Wickens Pllc | |
| Warranty Deed | $131,000 | None Available | |
| Warranty Deed | $80,000 | Warranty Title Ins Co Inc | |
| Quit Claim Deed | -- | Professional Land Title Agen | |
| Quit Claim Deed | -- | First Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $507,536 | VA | |
| Previous Owner | $255,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $57,500 | New Conventional | |
| Previous Owner | $40,727 | Unknown | |
| Previous Owner | $60,000 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | For Sale | $598,000 | +22.1% | $188 / Sq Ft |
| 06/02/2022 06/02/22 | Sold | $489,900 | 0.0% | $152 / Sq Ft |
| 11/30/2021 11/30/21 | Pending | -- | -- | -- |
| 11/26/2021 11/26/21 | For Sale | $489,900 | +444.3% | $152 / Sq Ft |
| 05/22/2018 05/22/18 | Sold | $90,000 | -9.1% | $29 / Sq Ft |
| 05/22/2018 05/22/18 | Pending | -- | -- | -- |
| 05/22/2018 05/22/18 | For Sale | $99,000 | -- | $32 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $1,933 | $86,400 | $0 | $0 |
| 2023 | $1,933 | $86,400 | $0 | $0 |
| 2022 | $959 | $42,880 | $0 | $0 |
| 2021 | $959 | $42,880 | $0 | $0 |
| 2020 | $1,220 | $44,120 | $0 | $0 |
| 2019 | $1,220 | $44,120 | $0 | $0 |
| 2018 | $1,258 | $44,120 | $0 | $0 |
| 2017 | $1,220 | $44,120 | $0 | $0 |
| 2016 | $1,195 | $0 | $0 | $0 |
| 2015 | $2,422 | $43,200 | $0 | $0 |
| 2014 | $2,422 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ralph Harvey
Seller's Agent in 2025
Ralph Harvey
ListWithFreedom.com
(855) 456-4945
3 in this area
11,104 Total Sales
Map
Source: Realtracs
MLS Number: 2728229
APN: 146J-G-016
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