G
Seller's Agent in 2022
Grace Frank
Chattanooga Real Estate Group LLC
16 W Bell Ave Chattanooga, TN 37405
Northshore NeighborhoodEstimated Value: $281,000 - $630,000
2
Beds
1
Bath
750
Sq Ft
$550/Sq Ft
Est. Value
Highlights
- Open Floorplan
- No HOA
- Bathtub with Shower
- Deck
- Covered Patio or Porch
- Living Room
About This Home
As of February 2022Package deal in North Chattanooga that serves as an incredible redevelopment or investment opportunity! 16 W Bell Ave & 22 W Bell Ave are two adjacent parcels being sold together for a package price of $539,900; together they sit on approximately 0.37 acres just one block from N Market St. Currently the parcels are home to two rental properties, and the gravel lot in-between is being rented for extra parking. Total GMI for these three rental sources is $2,600. The parcels offer much flexibility in terms of desired use; they could remain as rental properties, be replaced by larger single family homes, or become a site for new townhomes. Situated within walking or biking distance of an abundance of grocery stores, restaurants, local shops, and parks, and just a short drive to US-27 access and downtown Chattanooga. Since the properties are tenant occupied, an accepted letter of intent or contract will need to be in place before showings can be scheduled. Call for more information.
Last Agent to Sell the Property
Grace Frank
Chattanooga Real Estate Group LLC Listed on: 09/24/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $876
Year Built
- Built in 1940
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 79x100
- Level Lot
Parking
- Off-Street Parking
Home Design
- Block Foundation
- Metal Roof
Interior Spaces
- 750 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Vinyl Clad Windows
- Living Room
- Basement
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Free-Standing Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Eco-Friendly Details
- Energy-Efficient HVAC
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- Red Bank Elementary School
- Red Bank Middle School
- Red Bank High School
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 135d B 001.01
Community Details
Overview
- No Home Owners Association
- North Chatt Land Co Subdivision
Amenities
- Recycling
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2021
Closed on
Feb 22, 2022
Sold by
Brinton Hollingsworth Randall
Bought by
Bailey Real Estate Investments Llc
Seller's Agent
Grace Frank
Chattanooga Real Estate Group LLC
Buyer's Agent
Joal Henke
Keller Williams Realty
List Price
$585,000
Sold Price
$500,000
Premium/Discount to List
-$85,000
-14.53%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,333
Avg. Annual Appreciation
-5.08%
Original Mortgage
$345,000
Outstanding Balance
$320,359
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$92,308
Purchase Details
Closed on
Aug 22, 2014
Sold by
Reuther Justin
Bought by
Hollingsworth Randall Brinton
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bailey Real Estate Investments Llc | $500,000 | Title Guaranty & Trust | |
| Hollingsworth Randall Brinton | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bailey Real Estate Investments Llc | $345,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/22/2022 02/22/22 | Sold | $500,000 | -14.5% | $667 / Sq Ft |
| 01/11/2022 01/11/22 | Pending | -- | -- | -- |
| 09/24/2021 09/24/21 | For Sale | $585,000 | -- | $780 / Sq Ft |
Source: Greater Chattanooga REALTORS®
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 | $499 | $22,325 | $0 | $0 |
| 2023 | $499 | $22,325 | $0 | $0 |
| 2022 | $499 | $22,325 | $0 | $0 |
| 2021 | $499 | $22,325 | $0 | $0 |
| 2020 | $480 | $17,375 | $0 | $0 |
| 2019 | $480 | $17,375 | $0 | $0 |
| 2018 | $522 | $17,375 | $0 | $0 |
| 2017 | $480 | $17,375 | $0 | $0 |
| 2016 | $215 | $0 | $0 | $0 |
| 2015 | $510 | $7,775 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Joal Henke
Buyer's Agent in 2022
Joal Henke
Keller Williams Realty
(423) 413-0832
14 in this area
218 Total Sales
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1340113
APN: 135D-B-001.01
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