NOT LISTED FOR SALE

1641 Ridgeview St SE Cleveland, TN 37323

Estimated Value: $163,000 - $258,000

3 Beds
2 Baths
1,404 Sq Ft
$155/Sq Ft Est. Value

Last Sold June 25, 2014

Last sale price $60,000 $43 Per Sq Ft

Est. 262% increase in value since last sale

Current estimated payment $1,186/month

21 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Living Room
  • Deck
  • Patio
  • 1-Story Property

About This Home

As of June 2014

1641 Ridgeview Street Cleveland TN 37323 HUD owned home case # 481-269279. This home is in the Lottery Round for 7 days eligible to Hud approved nonprofits and Government entities by Lottery. If unsold in the first period, this property will enter a 5 day owner occupant only listing period, then if still unsold on 6th day this will be available to all buyers (investors as well as owner occupants). Great home with potential could be a 4BR or a 3 BR w family room and 2 BA! Fenced back yard and outbuilding. Just blocks to highway 74 but quiet street! For more on www.hudpemco.com or wwwhudhomestore.com. This home is not eligible for an FHA 203(b) loan. Requires $1000 earnest money if sales price $40K or more, if less than 40K, requires $500 earnest money. FHA loan program allows a $100 only do wn payment! To place an offer on a HUD Home, the buyer must use a HUD registered Selling Broker/Agent to enter a bid. First 15 days on market HUD homes only available to owner occupant bidding, on 16th day, available for investor bidding. After sealed bid period over, if no offer accepted then bidding continues w/offers reviewed daily. Buyer responsible for replacing any missing utility meters. For security, buyer is not given a key at closing must rekey or change out locks.

Last Agent to Sell the Property

Jennifer Newton

Crye-Leike, REALTORS License #268704 Listed on: 05/10/2014

Crye-Leike, REALTORS

Last Buyer's Agent

Comps Only

COMPS ONLY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $400

Year Built

  • Built in 1963

Lot Details

  • Lot Dimensions are 100 x 150
  • Level Lot

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room
  • Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • East Cleveland Elementary School
  • Cleveland Middle School
  • Cleveland High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Roy Brackin Subdivision

Listing and Financial Details

  • HUD Owned
  • Assessor Parcel Number 1 66A 47
  • $11,625 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$400

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 100 X 150
  • Subdivision Name: Roy Brackin
  • Directions: I75 to Hwy 60 Bypass to South on exit 74hwy, at bottom of ramp, go L 1 block make L just before Hardees, 1 block and bear L on Ridgeview, home on R.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1404.0
  • New Construction: No
  • Year Built: 1963
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 1 66A 47
  • Location Tax and Legal Elementary School: East Cleveland Elementary
  • Location Tax and Legal Middle Or Junior School2: Cleveland Middle
  • Location Tax and Legal High School: Cleveland High
  • Location Tax and Legal:Tax Annual Amount: 400.0
  • 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 Dimensions: 100 X 150
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Location Tax and Legal Tax Other Annual Assessment Amount: 11625.0
  • Special Listing Conditions HUD Owned: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Connected Shared Bathroom, Open Floorplan, Primary Downstairs
  • Basement:Crawl Space: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Other
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: East Cleveland Elementary
  • High School: Cleveland High
  • Middle Or Junior School: Cleveland Middle

Lot Info

  • Parcel #: 1 66A 47

Tax Info

  • Tax Annual Amount: 400.0
  • Tax Other Annual Assessment Amount: 11625.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2014
Closed on
Jun 25, 2014
Sold by
Secretary Of Housing And Urban
Bought by
Martinez Shannon and Martinez Francisco
Seller's Agent
Jennifer Newton
Crye-Leike, REALTORS
Buyer's Agent
Comps Only
COMPS ONLY
List Price
$60,000
Sold Price
$60,000
Current Estimated Value
$217,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,334
Avg. Annual Appreciation
12.01%
Original Mortgage
$57,000
Outstanding Balance
$43,433
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$173,901

Purchase Details

Closed on
Feb 6, 2014
Sold by
Jpmorgan Chase Bank Nation
Bought by
Secretary Of Housing And Urban

Purchase Details

Closed on
Sep 26, 2013
Sold by
Mitchell Jonathan M
Bought by
Jpmorgan Chase Bank National A

Purchase Details

Closed on
Feb 29, 2008
Sold by
Brown James M
Bought by
Mitchell Jonathan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,538
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2004
Sold by
Womac Lisa M
Bought by
Brown James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,920
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2002
Sold by
Mortgage Electronic Regist
Bought by
Womac Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,900
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2001
Sold by
Slaughter Anita
Bought by
Mortgage Electronic Regist

Purchase Details

Closed on
Aug 13, 2001
Sold by
Slaughter Jerry
Bought by
Mortgage Electronic Regist
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
Martinez Shannon $62,000 --
Secretary Of Housing And Urban -- --
Jpmorgan Chase Bank National A $74,880 --
Mitchell Jonathan M $101,100 --
Brown James M $79,900 --
Womac Lisa M $56,905 --
Mortgage Electronic Regist -- --
Mortgage Electronic Regist $95,252 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Shannon $57,000
Previous Owner Mortgage Electronic Regist $99,538
Previous Owner Mortgage Electronic Regist $63,920
Previous Owner Mortgage Electronic Regist $56,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2014 06/25/14 Sold $60,000 0.0% $43 / Sq Ft
05/30/2014 05/30/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $60,000 -- $43 / 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 $574 $32,325 $4,275 $28,050
2023 $574 $32,325 $4,275 $28,050
2022 $574 $32,325 $4,275 $28,050
2021 $574 $32,325 $0 $0
2020 $495 $32,325 $0 $0
2019 $495 $22,275 $0 $0
2018 $472 $22,275 $3,475 $18,800
2017 $549 $0 $0 $0
2016 $549 $0 $0 $0
2015 $544 $0 $0 $0
2014 $444 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1210579

Greater Chattanooga REALTORS®

APN: 066A-D-047.00