NOT LISTED FOR SALE

Estimated Value: $311,000 - $374,000

1 Bed
1.5 Baths
999 Sq Ft
$343/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $249,700 $250 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,064/month

427 Days on Market

Highlights

  • 0.23 Acre Lot
  • Porch
  • Patio
  • Deck
  • Cooling Available
  • 4-minute walk to Water Tower Park

About This Home

As of July 2020

The Davis on Cowart is a Unique Opportunity to own an investment property in the heart of the Southside.This townhome is an investor's dream with No Deed Restrictions on short term vacation rentals or ''VRBO'' listings. The Davis on Cowart offers fantastic layouts featuring 3-zoned living spaces. Enjoy a dedicated living room/recreation room on the main level, kitchen and dining area on the second level and Private Master Suite on the third level with plenty of room for a family to spread out. Features include hardwood flooring, granite countertops, Samsung kitchen appliances, second and third-level covered decks and high ceilings. "Customize" your townhome with a variety of selections available as well as affordable upgrades to make your home unique and appealing to guests. Southside is one of Downtown Chattanooga's latest urban expansion and thrives on local vendors and eateries. You are sure to find activities everyone will enjoy. Walk and shop the Chattanooga Market on Sunday, attend UTC football games (a local favorite), visit the Farmer's Market on W Main St on Wednesdays and stop by the must-see-before-you-leave Chattanooga Choo-Choo. Round out your day with the area's nightly hotspots including Track29, Southside Social or Clydes on Main. Shopping is always popular as well including Warehouse Row, Chrysalia's, Southside Antiques and much more.

Last Agent to Sell the Property

Ryan May

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4236675922 License #298465 Listed on: 05/03/2019

Last Buyer's Agent

Tim West

Greater Chattanooga Realty, Keller Williams Realty License #283095

Greater Chattanooga Realty, Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,454

Year Built

  • Built in 2019

Lot Details

  • 10,019 Sq Ft Lot

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 999 Sq Ft Home
  • Property has 3 Levels

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Orchard Knob Middle School
  • Howard School Of Academics Technology High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Davis On Cowart Subdivision

Listing and Financial Details

  • Assessor Parcel Number 145L C 023 C001

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,454

Year Built

Built in 2019

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2019
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built Details: NEW
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Builder
  • Attribution Contact: 4236675922
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Interior Amenities: Open Floorplan, Primary Bedroom Main Floor
  • Appliances: Microwave, Disposal, Dishwasher
  • Fireplace: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 999
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Builder

Exterior Features

  • Construction Type: Brick, Other
  • Patio And Porch Features: Deck, Patio, Porch
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 75
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Units: Acres
  • Parcel #: 145L C 023 C001
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • High School: Howard School Of Academics Technology
  • Middle Or Junior School: Orchard Knob Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2019
Closed on
Jul 31, 2020
Sold by
Rp Homes Llc
Bought by
Martinez Richard A and Abbott Leah Michelle
Seller's Agent
Ryan May
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Tim West
Greater Chattanooga Realty, Keller Williams Realty
List Price
$274,700
Sold Price
$249,700
Premium/Discount to List
-$25,000
-9.1%
Total Days on Market
427
Current Estimated Value
$342,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,051
Avg. Annual Appreciation
6.94%
Original Mortgage
$224,730
Outstanding Balance
$201,921
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$148,098
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
Martinez Richard A $249,700 Title Guaranty & Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Richard A $224,730
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $249,700 -9.1% $250 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
05/03/2019 05/03/19 For Sale $274,700 -- $275 / Sq Ft
Source: Realtracs

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 $1,454 $65,000 $0 $0
2023 $1,454 $65,000 $0 $0
2022 $1,454 $65,000 $0 $0
2021 $2,327 $104,000 $0 $0
2020 $1,974 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2421086

Realtracs

APN: 145L-C-023-C001