NOT LISTED FOR SALE

1601 McDonald Rd Chattanooga, TN 37412

Estimated Value: $230,756 - $254,000

3 Beds
1.5 Baths
1,192 Sq Ft
$204/Sq Ft Est. Value

Last Sold November 04, 2020

Last sale price $152,500 $128 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,344/month

7 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Bathtub with Shower
  • Wood Flooring
  • Covered Patio or Porch
  • Living Room

About This Home

As of November 2020

LOCATION...LOCATION...LOCATION...10 minutes to downtown, Hamilton Place, Volkswagen and/or Amazon. What's old is new! This mid century bungalow has a complete facelift!! If an open floor plan with NEW stainless appliances, tile backsplash, lotsa cabinetry and countertops are on your home wishlist, this is it! Bedroom enjoys an updated half bath. New windows, vinyl siding, neutral interior paint and flooring adds value to this little bungalow. There's an updated bathroom featuring double sinks and renovated laundry closet. While there's off street parking, the 2 car detached garage has plenty of storage.

Last Agent to Sell the Property

Janine Garland

Horizon Sotheby's International Realty License #265263 Listed on: 09/15/2020

Horizon Sotheby's International Realty

Last Buyer's Agent

Lauren Wenger

Keller Williams Realty License #337247

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,025

Year Built

  • Built in 1950

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75x146.82
  • Level Lot

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,192 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vinyl Clad Windows
  • Insulated Windows
  • Living Room
  • Dining Room

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 169m L 009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,025

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Lot Size: 75X146.82
  • Subdivision Name: None
  • Directions: Go East on Ringgold Road. Turn Left on McDonald Road. House on Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1192.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1950
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Location Tax and Legal Parcel Number2: 169m L 009
  • Location Tax and Legal Elementary School: Spring Creek Elementary
  • Location Tax and Legal Middle Or Junior School2: East Ridge
  • Location Tax and Legal High School: East Ridge High
  • Location Tax and Legal:Tax Annual Amount: 1025.05
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 1
  • 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: 0.25
  • General Property Information Lot Size Square Feet2: 10890.0
  • General Property Information Lot Size Dimensions: 75X146.82
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: 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
  • Levels:One: Yes
  • General Property Information Attached Carport YN2: No
  • Patio And Porch Features Porch - Covered: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Microwave, Free-Standing Electric Range, Electric Water Heater, Dishwasher
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood, Tile
  • Interior Amenities: Open Floorplan, Primary Downstairs, Tub/shower Combo
  • Window Features: Insulated Windows, Vinyl Frames
  • ResoLivingAreaSource: Owner
  • Appliances Dishwasher: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Basement:None3: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Community Features:None4: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Porch, Porch - Covered
  • Roof: Shingle
  • Construction Materials:Vinyl Siding: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Vinyl Frames: Yes
  • Lot Features:Level: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Off Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet, Washer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
  • Water Source: Public
  • 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: Spring Creek Elementary
  • High School: East Ridge High
  • Middle Or Junior School: East Ridge

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Additional Parcels: No
  • Parcel #: 169m L 009
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1025.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Nov 3, 2020
Sold by
Farris James Clarence
Bought by
Gerity David T
Seller's Agent
Janine Garland
Horizon Sotheby's International Realty
Buyer's Agent
Lauren Wenger
Keller Williams Realty
List Price
$150,000
Sold Price
$152,500
Premium/Discount to List
$2,500
1.67%
Current Estimated Value
$242,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,189
Avg. Annual Appreciation
9.78%
Original Mortgage
$144,875
Outstanding Balance
$129,149
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$113,540

Purchase Details

Listed on
Sep 27, 2019
Closed on
Dec 3, 2019
Sold by
Ruth John Howard
Bought by
Farris James Clarence
Buyer's Agent
Brett Goins
Greater Chattanooga Realty, Keller Williams Realty
List Price
$145,900
Sold Price
$139,900
Premium/Discount to List
-$6,000
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%
Original Mortgage
$137,365
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 2019
Sold by
Pnc Bank National Association
Bought by
Ruth John Howard

Purchase Details

Closed on
Jan 21, 2018
Sold by
White Eleanor M and Sweeney Randy P
Bought by
Pnc Bnk Na

Purchase Details

Closed on
Jan 5, 2006
Sold by
Black Joy
Bought by
White Eleanor M and Sweeney Randy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,941
Interest Rate
6.19%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 28, 2004
Sold by
Federal National Mortgage Association
Bought by
Black Joy

Purchase Details

Closed on
Jun 14, 2004
Sold by
Hall Charles J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 21, 2002
Sold by
Davenport Lucy P
Bought by
Hall Charles J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,550
Interest Rate
6.86%
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
Gerity David T $152,500 Lehman Title & Escrow Llc
Farris James Clarence $139,900 Foundation Title & Escrow
Ruth John Howard $59,500 Nationllink
Pnc Bnk Na $59,280 None Available
White Eleanor M $86,275 None Available
Black Joy $63,500 --
Federal National Mortgage Association $73,401 --
Hall Charles J $69,587 Woods Christian Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerity David T $144,875
Previous Owner Farris James Clarence $137,365
Previous Owner White Eleanor M $84,941
Previous Owner Hall Charles J $69,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2020 11/04/20 Sold $152,500 +1.7% $128 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $150,000 +7.2% $126 / Sq Ft
12/03/2019 12/03/19 Sold $139,900 -4.1% $117 / Sq Ft View Prior Sale
10/28/2019 10/28/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $145,900 -- $122 / 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 $847 $37,850 $0 $0
2023 $1,329 $37,850 $0 $0
2022 $1,329 $37,850 $0 $0
2021 $1,509 $37,850 $0 $0
2020 $1,025 $20,375 $0 $0
2019 $1,025 $20,375 $0 $0
2018 $1,025 $20,375 $0 $0
2017 $1,025 $20,375 $0 $0
2016 $1,015 $0 $0 $0
2015 $1,015 $19,725 $0 $0
2014 $1,015 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1324359

Greater Chattanooga REALTORS®

APN: 169M-L-009