NOT LISTED FOR SALE

1601 Mitchell Ave Unit A Chattanooga, TN 37408

Southside Neighborhood

Estimated Value: $975,000 - $1,101,000

Studio
4 Baths
4,350 Sq Ft
$238/Sq Ft Est. Value

About This Home

This home is located at 1601 Mitchell Ave Unit A, Chattanooga, TN 37408 and is currently estimated at $1,036,882, approximately $238 per square foot. 1601 Mitchell Ave Unit A is a home located in Hamilton County with nearby schools including Orchard Knob Middle School, The Howard School, and Chattanooga Christian School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2024
Sold by
W2t Five Llc
Bought by
Utc Eight Llc
Current Estimated Value
$1,036,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$468,352
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$568,530

Purchase Details

Closed on
Sep 24, 2020
Sold by
1601 Mitchell Avenue Llc
Bought by
W2t Five Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 3, 2020
Sold by
Urban Growth Capital Llc
Bought by
1601 Mitchell Avenue Llc

Purchase Details

Closed on
Sep 17, 2019
Sold by
Market Street Vl Partners Llc
Bought by
Nelson Robin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,900
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2018
Sold by
Wlcs Holdings Llc
Bought by
Urban Growth Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 2017
Sold by
Bmb Obispo Llc
Bought by
Wlcs Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2017
Sold by
Marchi On The Southside Llc
Bought by
Bmb Obispo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$944,248
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
May 15, 2013
Sold by
Cne Affordable Housing Lp Iii
Bought by
Marchi On The Southside Llc
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Utc Eight Llc -- None Listed On Document
Utc Eight Llc -- None Listed On Document
W2t Five Llc $639,000 Title Guaranty & Trust Co
1601 Mitchell Avenue Llc -- Commerce Title & Escrow Llc
Nelson Robin L $249,900 First Choice Title Inc
Urban Growth Capital Llc $588,000 Title Guranty And Trust Co
Wlcs Holdings Llc $500,000 Title Guaranty & Trust Co
Bmb Obispo Llc $772,000 Jones Raulston Title Ins Agc
Marchi On The Southside Llc $350,460 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Utc Eight Llc $475,000
Closed Utc Eight Llc $475,000
Previous Owner W2t Five Llc $352,500
Previous Owner Nelson Robin L $169,900
Previous Owner Urban Growth Capital Llc $330,000
Previous Owner Wlcs Holdings Llc $375,000
Previous Owner Bmb Obispo Llc $944,248
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
2025 $3,704 $244,400 $0 $0
2024 $5,155 $230,400 $0 $0
2023 $5,155 $230,400 $0 $0
2022 $5,155 $230,400 $0 $0
2021 $5,155 $230,400 $0 $0
2020 $4,345 $157,120 $0 $0
2019 $4,345 $157,120 $0 $0
2018 $3,704 $157,120 $0 $0
2017 $2,788 $100,840 $0 $0
2016 $1,654 $0 $0 $0
2015 $3,150 $59,800 $0 $0
2014 $3,150 $0 $0 $0
Source: Public Records

Map

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