NOT LISTED FOR SALE

Estimated Value: $457,904 - $571,000

3 Beds
2.5 Baths
1,900 Sq Ft
$271/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $326,000 $172 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,883/month

4 Days on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • Covered Patio or Porch
  • Separate Formal Living Room
  • No HOA
  • 4-minute walk to Shaw Playground

About This Home

As of April 2020

Located in the highly desired downtown neighborhood of Highland Park, is a very special & unique property. Welcome to 1604 Bailey Avenue. This energy-efficient home, built in 2015, offers high quality fit and finishes both inside and out. Positioned just 4 minutes east of the heart of downtown and all of the restaurants and shops it offers, this home is tucked away perfectly in a terrific neighborhood. Beginning with the outside, directly behind the house is Tatum Park, a 1.25 acre green space complete with Chattanooga Electric Bike Station, charcoal grills, pavilions, garden, and new art installation. This park is the home to the neighborhood gatherings including family movie nights in the park, summer concert series where local businesses ,vendors, and foodtrucks come out to join the party and supply the neighbors with delicious food and drink, and more. Also behind the home you will see your offstreet parking area with a poured concrete, large 2 car parking pad, an additional parking spot surrounded by landscaping and framed in with the outdoor garden/storage shed painted to accent the home. Inside of the wooden picket, fully fenced backyard, you will notice the welcoming outdoor entertainment area complete with pergola, led accent lighting, firepit, large hand-laid paver patio, sidewalks, mature landscaping, and freshly sodded green yard primed and ready for your spring outdoor entertaining. In the spring, summer, and fall the blooming hydrangeas, cherry laurels, and azaleas create beautiful scenery. Additionally, electrical has been ran to the back with plugs underneath the deck and plugs by the pergola. Also underneath the deck, pavers have been laid for extra dry storage. Upon entry to the back of the home through the french doors, you will walk into an open first level living space. To the left is a cozy sitting area and to the right is a large, beautiful kitchen.

Last Agent to Sell the Property

Sean Smith

Greater Downtown Realty dba Keller Williams Realty Brokerage Phone: 4236352507 License #369444,335342 Listed on: 03/10/2020

Greater Downtown Realty dba Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,729

Year Built

  • Built in 2015

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 42x135
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,900 Sq Ft Home
  • Property has 3 Levels
  • High Ceiling
  • Separate Formal Living Room
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Low Flow Plumbing Fixtures

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 146J N 003

Community Details

Overview

  • No Home Owners Association
  • Highland Park Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,729

Year Built

Built in 2015

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2015
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Builder
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: High Ceilings, Walk-In Closet(s)
  • Appliances: Refrigerator, Microwave, Disposal, Dishwasher
  • Fireplace: No
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 1900
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Builder

Exterior Features

  • Construction Type: Brick, Other
  • Patio And Porch Features: Covered Deck, Covered Patio, Covered Porch
  • Pool Private: No
  • Roof: Asphalt
  • 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, Electric
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Amenities: Playground, Sidewalks
  • Association: No
  • Senior Community: No

Green Features

  • Efficiency: Low Flow Plumbing Fixtures

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.13
  • Lot Size: 42x135
  • Lot Size Units: Acres
  • Parcel #: 146J N 003
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2729

MLS Schools

  • Elementary School: Orchard Knob Elementary School
  • 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

Closed on
Aug 4, 2021
Sold by
Lekkalapudi Naveen Kumar and Lekkalapudi Lindsay R
Bought by
Lekkalapudi Naveen Kumar and Lekkalapudi Lindsay
Current Estimated Value
$513,976

Purchase Details

Listed on
Mar 10, 2020
Closed on
Apr 17, 2020
Sold by
Smith Sean H and Smith Allison B
Bought by
Lekkalapudi Naveen Kumar and Lekkalapudi Lindsay R
Seller's Agent
Sean Smith
Greater Downtown Realty dba Keller Williams Realty
List Price
$319,000
Sold Price
$326,000
Premium/Discount to List
$7,000
2.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$309,700
Outstanding Balance
$271,473
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$242,503

Purchase Details

Listed on
Oct 13, 2015
Closed on
Nov 30, 2015
Sold by
Alc Holdings Llc
Bought by
Smith Sean H and Smith Allison B
Seller's Agent
Jim Lea
Keller Williams Realty
Buyer's Agent
Cheryl Fuqua
Keller Williams Realty
List Price
$219,700
Sold Price
$221,175
Premium/Discount to List
$1,475
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$216,015
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lekkalapudi Naveen Kumar -- None Available
Lekkalapudi Naveen Kumar $326,000 First Title
Smith Sean H $221,175 First Choice Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lekkalapudi Naveen Kumar $309,700
Previous Owner Smith Sean H $216,015
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2020 04/17/20 Sold $326,000 +2.2% $172 / Sq Ft
03/14/2020 03/14/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $319,000 +44.2% $168 / Sq Ft
11/30/2015 11/30/15 Sold $221,175 +0.7% $116 / Sq Ft View Prior Sale
10/23/2015 10/23/15 Pending -- -- --
10/13/2015 10/13/15 For Sale $219,700 +971.7% $116 / Sq Ft
07/01/2015 07/01/15 For Sale $20,500 0.0% $11 / Sq Ft
06/30/2015 06/30/15 Sold $20,500 -- $11 / Sq Ft View Prior Sale
06/30/2015 06/30/15 Pending -- -- --
Source: Realtracs

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 $1,626 $107,250 $0 $0
2024 $1,829 $81,750 $0 $0
2023 $1,829 $81,750 $0 $0
2022 $1,829 $81,750 $0 $0
2021 $1,829 $81,750 $0 $0
2020 $1,497 $54,125 $0 $0
2019 $1,497 $54,125 $0 $0
2018 $1,359 $54,125 $0 $0
2017 $1,497 $54,125 $0 $0
2016 $1,367 $0 $0 $0
2015 $307 $49,450 $0 $0
2014 $307 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2339795

Realtracs

APN: 146J-N-003

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