NOT LISTED FOR SALE

1616 Read Ave Chattanooga, TN 37408

Southside Neighborhood

Estimated Value: $601,913 - $698,000

3 Beds
3.5 Baths
1,705 Sq Ft
$382/Sq Ft Est. Value

Sale Details

Date Sold: March 24, 2017

Last sale price $325,000 $191 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,647 / mo

84 Days on Market

Highlights

  • Guest House
  • Deck
  • Wood Flooring
  • Open Floorplan
  • Double Shower
  • 4-minute walk to Play Wash Pint

About This Home

As of March 2017

Urban living with an emphasis on enjoyment. The house is located just off Main St in the middle of the retail area. Walk to some of the best restaurants in the entire city. Enjoy the nearby pubs and breweries, game facilities, the growing art district with local artist studios and all the urban excitement. The owners love this house and the location but other opportunities require this change. They have created unique spaces that the new owner will appreciate. The best new space is the ''Garage/Guest pad'' which is ideal for having guests or bringing in a little extra money through Airbnb. Zoned R3, the property is in compliance with city codes for short term rentals. The single car garage can also be used with new built-in cabinets, bathroom, and sleeping loft for some extra income or that stray relative. If you need extra parking there is space for two cars off the rear alley. On street parking is also permitted. If you live an active lifestyle and want to be in the center of downtown happenings, you need to see this place.

Last Agent to Sell the Property

George Patten

Real Estate Brokers License #277775 Listed on: 12/02/2016

Last Buyer's Agent

Grace Edrington

Horizon Sotheby's International Realty

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,351

Year Built

  • Built in 2008

Lot Details

  • 6,025 Sq Ft Lot
  • Lot Dimensions are 44x137.41
  • Fenced
  • Level Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,705 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Loft
  • Utility Room
  • Basement
  • Crawl Space
  • Walk-In Attic

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Cork
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Double Shower

Laundry

  • Laundry closet
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Construction
  • Energy-Efficient HVAC

Outdoor Features

  • Deck
  • Covered Patio or Porch

Additional Homes

  • Guest House

Schools

  • Battle Academy Elementary School
  • Orchard Knob Middle School
  • Howard School Of Academics & Tech High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 145ldh  013

Community Details

Overview

  • No Home Owners Association
  • Fort Negley Addn Subdivision

Amenities

  • Recycling

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,351

Year Built

Built in 2008

Lot Details

6,025 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Lot Size: 44X137.41
  • Subdivision Name: Fort Negley Addn
  • Directions: East on Main St from Market, right on Rossville Blvd, right on Read at ''Church on Main''
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Living Area: 1705.0
  • New Construction: No
  • Efficiency: Construction, HVAC
  • Structure Type: Free Standing Building
  • Year Built: 2008
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 145ldh  013
  • Location Tax and Legal Elementary School: Battle Academy
  • Location Tax and Legal Middle Or Junior School2: Orchard Knob Middle
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • Location Tax and Legal:Tax Annual Amount: 2351.0
  • Location Tax and Legal Additional Parcels YN: No
  • 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: 0.1
  • General Property Information Lot Size Square Feet2: 6025.0
  • General Property Information Lot Size Dimensions: 44X137.41
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Remarks and Miscellaneous Public Remarks2: Urban living with an emphasis on enjoyment. The house is located just off Main St in the middle of the retail area. Walk to some of the best restaurants in the entire city. Enjoy the nearby pubs and breweries, game facilities, the growing art district with local artist studios and all the urban excitement. The owners love this house and the location but other opportunities require this change. They have created unique spaces that the new owner will appreciate. The best new space is the ''Garage/Guest pad'' which is ideal for having guests or bringing in a little extra money through Airbnb. Zoned R3, the property is in compliance with city codes for short term rentals. The single car garage can also be used with new built-in cabinets, bathroom, and sleeping loft for some extra income or
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: 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
  • Roof Asphalt5: Yes
  • Security Features:Smoke Detector(s): Yes
  • General Property Information Attached Carport YN2: No
  • Fencing Fenced: Yes
  • Cooling:Multi Units: Yes
  • Security Features:Security System: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Foundation Details BrickMortar: Yes
  • Levels:One and One Half: Yes
  • Foundation Details Stone2: Yes
  • Other Structures:Guest House: Yes
  • Interior Features Double Shower: Yes
  • Green Sustainability Onsite Recycling Center: Yes
  • Flooring Cork: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Free-Standing Electric Range, Electric Water Heater, Dishwasher
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Cork, Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Double Shower, Double Vanity, Granite Counters, High Ceilings, Open Floorplan, Pantry, Primary Downstairs, Tub/shower Combo, Walk-In Closet(s)
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Appraiser
  • Appliances Dishwasher: Yes
  • Community Features:Sidewalks: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Attic Features:Walk-In Attic: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Ceiling Fan(s)2: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Split Possible
  • Pool Features: None
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Fiber Cement, Frame
  • Foundation Details: Brick/Mortar, Stone
  • Other Structures: Guest House
  • Patio And Porch Features: Deck, Patio, Porch, Porch - Covered
  • Roof: Asphalt, Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Level: Yes
  • Lot Features:Split Possible: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage Door Opener, Off Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Off Street: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Battle Academy
  • High School: Howard School of Academics & Tech
  • Middle Or Junior School: Orchard Knob Middle

Lot Info

  • Lot Size Sq Ft: 6025.0
  • Additional Parcels: No
  • Parcel #: 145ldh  013
  • ResoLotSizeUnits: Acres

Green Features

  • Green Sustainability: Onsite Recycling Center
  • Green Energy Efficient:HVAC: Yes
  • Green Energy Efficient:Construction: Yes

Tax Info

  • Tax Annual Amount: 2351.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2016
Closed on
Mar 24, 2017
Sold by
Leopold Robert K and Leopold Lisa
Bought by
Seller's Agent
George Patten
Real Estate Brokers
Buyer's Agent
Grace Edrington
Horizon Sotheby's International Realty
List Price
$425,000
Sold Price
$325,000
Premium/Discount to List
-$100,000
-23.53%
Current Estimated Value
$632,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,353
Avg. Annual Appreciation
7.62%
Original Mortgage
$308,750
Outstanding Balance
$250,422
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$400,306

Purchase Details

Closed on
Jul 2, 2008
Sold by
Goodwin Southern Property Llc
Bought by
Leopold Robert K and Leopold Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,200
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2007
Sold by
Chattanooga Neighborhood Enterprise Inc
Bought by
Goodwin Southern Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.22%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 10, 2006
Sold by
Chung Paul and Chung Melissa
Bought by
Chattanooga Neighborhood Enterprise Inc

Purchase Details

Closed on
Jul 8, 2002
Sold by
Roddy Howard Walden and Roddy Karen Marie
Bought by
Chung Paul and Chung Melissa
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Southside, TN

  • Jennifer Nelis Real Estate Agent - Coldwell Banker Kinard Realty

    Jennifer Nelis

    Coldwell Banker Kinard Realty

    (423) 401-2463

    109 Total Sales

    1 in Southside

    $630,000 Price

    Jennifer Nelis
     Section Image
  • Jake Kellerhals Real Estate Agent - Greater Downtown Realty dba Keller Williams Realty

    Jake Kellerhals

    Greater Downtown Realty dba Keller Williams Realty

    (762) 760-2407

    1,646 Total Sales

    8 in Southside

    $385K - $477K Price Range

    Jake Kellerhals
     Section Image
  • Diane Patty Real Estate Agent - Greater Downtown Realty dba Keller Williams Realty

    Diane Patty

    Responds Quickly

    Greater Downtown Realty dba Keller Williams Realty

    (706) 944-8917

    331 Total Sales

    7 in Southside

    $248K - $1.1M Price Range

    Diane Patty
     Section Image
  • Brian Kelly Real Estate Agent - Real Broker

    Brian Kelly

    Real Broker

    (423) 497-3735

    109 Total Sales

    2 in Southside

    $279,000 Price Range

    Brian Kelly
     Section Image
  • Bri Goodrich Real Estate Agent - Keller Williams Realty

    Bri Goodrich

    Keller Williams Realty

    (224) 374-1855

    177 Total Sales

    6 in Southside

    $399K - $515K Price Range

    Bri Goodrich
     Section Image
  • Jim Hughes Real Estate Agent - Keller Williams Realty

    Jim Hughes

    Keller Williams Realty

    (423) 460-9661

    57 Total Sales

    2 in Southside

    $460,000 Price Range

    Jim Hughes
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$325,000 Rellty Center Title & Escrow
Leopold Robert K $189,900 Gateway Title Co Llc
Goodwin Southern Property Llc $15,000 First Title
Chattanooga Neighborhood Enterprise Inc $48,000 First Title
Chattanooga Neighborhood Enterprise Inc $48,000 First Title
Chung Paul $16,000 Choo Choo Title Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $308,750
Previous Owner Leopold Robert K $174,200
Previous Owner Goodwin Southern Property Llc $148,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/24/2017 03/24/17 Sold $325,000 -23.5% $191 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
12/02/2016 12/02/16 For Sale $425,000 -- $249 / Sq Ft
Source: Greater Chattanooga REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,096 $138,275 $0 $0
2024 $1,909 $85,325 $0 $0
2023 $1,909 $85,325 $0 $0
2022 $1,909 $85,325 $0 $0
2021 $1,909 $85,325 $0 $0
2020 $1,662 $60,100 $0 $0
2019 $1,662 $60,100 $0 $0
2018 $1,495 $60,100 $0 $0
2017 $1,588 $60,100 $0 $0
2016 $1,282 $0 $0 $0
2015 $2,467 $46,350 $0 $0
2014 $2,467 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • GP

    Seller's Agent in 2017

    George Patten

    Real Estate Brokers

    (423) 503-1296

    18 Total Sales

    George Patten
    Section Image

  • GE

    Buyer's Agent in 2017

    Grace Edrington

    Horizon Sotheby's International Realty

See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1256184

Greater Chattanooga REALTORS®

APN: 145LD-H-013

Tennessee Hamilton County Chattanooga 37408 Southside

1616 Read Ave, Chattanooga, TN

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Greater Chattanooga REALTORS® IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is deemed reliable but is not guaranteed accurate by the MLS.

Ten-X does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited

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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.

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