NOT LISTED FOR SALE

Estimated Value: $134,000 - $217,000

5 Beds
2 Baths
1,602 Sq Ft
$109/Sq Ft Est. Value

Last Sold March 09, 2012

Last sale price $27,000 $17 Per Sq Ft

Est. 545% increase in value since last sale

Current estimated payment $960/month

18 Days on Market

Highlights

  • Open Floorplan
  • Living Room
  • Central Heating and Cooling System
  • No HOA
  • 1-Story Property
  • Level Lot

About This Home

As of March 2012

Great investment. Large level fenced backyard. Rocking chair front porch. Close to downtown. Tenant occupied. Records indicate that house was renovated in 1970 and again in recent years.

Last Agent to Sell the Property

Joyce Smith

Bridge City Realty, LLC Listed on: 02/15/2012

Co-Listed By

Michael Kelly

Bridge City Realty, LLC

Last Buyer's Agent

Ryan King

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $489

Year Built

  • Built in 1925

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 135
  • Level Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 1,602 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Insulated Windows
  • Living Room
  • Basement
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • Clifton Hills Elementary School
  • East Lake Academy Of Fine Arts Middle School
  • Howard School Of Academics & Tech High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Foust Land Co Addn Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 156 IH O18

Home Details

Home Type

Single Family

Est. Annual Taxes

$489

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 50 X 135
  • Co List Office Mls Id: 10822
  • Co List Office Phone: 423-648-6242
  • Subdivision Name: Foust Land Co Addn
  • Directions: From 23rd Street, turn on Hickory, then left on Foust; house on right or from Rossville Blvd. turn onto Foust; house on right after going thru stop sign.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1602.0
  • New Construction: No
  • Year Built: 1925
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 156 IH O18
  • Location Tax and Legal Elementary School: Clifton Hills Elementary
  • Location Tax and Legal Middle Or Junior School2: East Lake Academy of Fine Arts
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • Location Tax and Legal:Tax Annual Amount: 489.0
  • 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 Acres: 0.16
  • General Property Information Lot Size Square Feet2: 6969.6
  • General Property Information Lot Size Dimensions: 50 X 135
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Free-Standing Electric Range, Dishwasher
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Window Features: Insulated Windows
  • ResoLivingAreaSource: Owner
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Open Floorplan: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Roof: Shingle
  • Lot Features:Level: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Clifton Hills Elementary
  • High School: Howard School of Academics & Tech
  • Middle Or Junior School: East Lake Academy of Fine Arts

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 156 IH O18
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 489.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2012
Closed on
Mar 9, 2012
Sold by
Cornerstone Community Bank
Bought by
Miller Tharpe Angela J and Tharpe Richard
Seller's Agent
Joyce Smith
Bridge City Realty, LLC
Buyer's Agent
Ryan King
Keller Williams Realty
List Price
$33,500
Sold Price
$27,000
Premium/Discount to List
-$6,500
-19.4%
Current Estimated Value
$174,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,113
Avg. Annual Appreciation
14.52%
Original Mortgage
$23,200
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 22, 2011
Sold by
Spirit Properties Llc
Bought by
Cornerstone Community Bank

Purchase Details

Closed on
Apr 9, 2009
Sold by
Signal Properties Inc
Bought by
Spirit Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2004
Sold by
Haddock Rentals Llc
Bought by
Signal Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,200
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2004
Sold by
Haddock Walter A and Haddock Eva
Bought by
Haddock Rentals Llc
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
Miller Tharpe Angela J $29,000 First Choice Title Inc
Cornerstone Community Bank $91,180 None Available
Spirit Properties Llc $140,000 First Title
Signal Properties Inc $20,000 --
Haddock Rentals Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Miller Tharpe Angela J $23,200
Previous Owner Spirit Properties Llc $140,000
Previous Owner Signal Properties Inc $65,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2012 03/09/12 Sold $27,000 -19.4% $17 / Sq Ft
03/03/2012 03/03/12 Pending -- -- --
02/14/2012 02/14/12 For Sale $33,500 -- $21 / 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 $385 $17,200 $0 $0
2023 $385 $17,200 $0 $0
2022 $385 $17,200 $0 $0
2021 $385 $17,200 $0 $0
2020 $447 $16,150 $0 $0
2019 $447 $16,150 $0 $0
2018 $494 $16,150 $0 $0
2017 $447 $16,150 $0 $0
2016 $420 $0 $0 $0
2015 $885 $15,175 $0 $0
2014 $885 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1174568

Greater Chattanooga REALTORS®

APN: 156I-H-018