NOT LISTED FOR SALE

Estimated Value: $180,000 - $256,000

3 Beds
1 Bath
866 Sq Ft
$251/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $60,000 $69 Per Sq Ft

Est. 281% increase in value since last sale

Current estimated payment $1,232/month

24 Days on Market

Highlights

  • No HOA
  • Brick Exterior Construction
  • 1-Story Property
  • Eat-In Kitchen
  • Bathtub with Shower
  • 2-minute walk to Tatum Park

About This Home

As of September 2016

Looking for a home convenient to downtown? Wanting to invest in downtown Chattanooga. Let this be your next home or addition to your rental portfolio. This home has been updated with a brand new HVAC in 2015, carpet in living room and bedrooms, and linoleum in kitchens and baths. This 3 bedroom 1 full bath is approximately 866 square feet that is currently rented. Laundry hookups in kitchen. Large living room. Off street parking with a level front and back yard. Seller has asked to not disturb renter. There is no sign on property. Home has been a great rental for seller and is now time to pass on. Current tenant is paying $750/month. This is a Gross CAP Rate of 12.33% before any expenses. Call with any questions.

Last Agent to Sell the Property

Mac Hibbett

Crye-Leike, REALTORS License #321037 Listed on: 08/16/2016

Crye-Leike, REALTORS

Last Buyer's Agent

Beverly Lemings

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $378

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 50x140
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 866 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Aluminum Window Frames
  • Basement
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Free-Standing Electric Range

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Montagues Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 146o P 031

Home Details

Home Type

Single Family

Est. Annual Taxes

$378

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 50X140
  • Subdivision Name: Montagues Addn
  • Directions: From market st go north on Main St, Left on Holtzclaw and right on 12th St. Home down on left
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 866.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1955
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 146o P 031
  • Location Tax and Legal Elementary School: Eastside Elementary
  • 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: 378.03
  • 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 Dimensions: 50X140
  • 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: Looking for a home convenient to downtown? Wanting to invest in downtown Chattanooga. Let this be your next home or addition to your rental portfolio. This home has been updated with a brand new HVAC in 2015, carpet in living room and bedrooms, and linoleum in kitchens and baths. This 3 bedroom 1 full bath is approximately 866 square feet that is currently rented. Laundry hookups in kitchen. Large living room. Off street parking with a level front and back yard. Seller has asked to not disturb renter. There is no sign on property.
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Flooring:Linoleum: Yes
  • Foundation Details BrickMortar: Yes
  • Brick and Stone Features Partial Brick: Yes
  • Foundation Details Stone2: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Free-Standing Electric Range, Electric Water Heater
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Linoleum
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Tub/shower Combo
  • Window Features: Aluminum Frames
  • Community Features:Sidewalks: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes

Exterior Features

  • Lot Features: Level
  • Pool Features: None
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Exterior Features: None
  • Foundation Details: Brick/Mortar, Stone
  • Roof: Shingle
  • Exterior Features:None8: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Level: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Parcel #: 146o P 031

Tax Info

  • Tax Annual Amount: 378.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2021
Sold by
Stein Graham S
Bought by
Hekman Bradley
Current Estimated Value
$228,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Outstanding Balance
$94,649
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$122,350

Purchase Details

Closed on
Aug 17, 2017
Sold by
Equity Trust Company Custodian
Bought by
Stein Graham S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,999
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2016
Closed on
Sep 29, 2016
Sold by
Jc Gemini Iii Llc
Bought by
Equity Trust Company and Joseph F Mitchell Ira
Seller's Agent
Mac Hibbett
Crye-Leike, REALTORS
Buyer's Agent
Beverly Lemings
Keller Williams Realty
List Price
$67,500
Sold Price
$60,000
Premium/Discount to List
-$7,500
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.77%

Purchase Details

Closed on
Nov 8, 2012
Sold by
Brown Reva Lajoe and Brown Terry W
Bought by
Jc Gemini Iii Llc

Purchase Details

Closed on
Jul 23, 2004
Sold by
Owens Reva Lajoe and Brown Reva Lajoe
Bought by
Brown Terry W and Brown Reva Lajoe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,250
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2000
Sold by
Mccutcheon Eugene B and Mccutcheon Frances H
Bought by
Owens Reva Lajoe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,707
Interest Rate
8.23%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hekman Bradley $140,000 First Title
Stein Graham S $89,690 None Available
Equity Trust Company $60,000 None Available
Jc Gemini Iii Llc $73,175 None Available
Brown Terry W -- Transcontinental Title Co
Owens Reva Lajoe $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hekman Bradley $105,000
Previous Owner Stein Graham S $86,999
Previous Owner Brown Terry W $59,250
Previous Owner Owens Reva Lajoe $40,707
Closed Owens Reva Lajoe $7,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2016 09/30/16 Sold $60,000 -11.1% $69 / Sq Ft
09/09/2016 09/09/16 Pending -- -- --
08/16/2016 08/16/16 For Sale $67,500 +8900.0% $78 / Sq Ft
06/08/2015 06/08/15 Sold $750 0.0% $1 / Sq Ft View Prior Sale
05/27/2015 05/27/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $750 0.0% $1 / Sq Ft
07/18/2013 07/18/13 Sold $750 0.0% $1 / Sq Ft View Prior Sale
07/18/2013 07/18/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $750 -- $1 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $532 $35,075 $0 $0
2024 $489 $21,850 $0 $0
2023 $489 $21,850 $0 $0
2022 $489 $21,850 $0 $0
2021 $489 $21,850 $0 $0
2020 $384 $13,875 $0 $0
2019 $384 $13,875 $0 $0
2018 $442 $13,875 $0 $0
2017 $384 $13,875 $0 $0
2016 $206 $0 $0 $0
2015 $493 $7,450 $0 $0
2014 $493 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1251120

Greater Chattanooga REALTORS®

APN: 146O-P-031