NOT LISTED FOR SALE

Estimated Value: $386,000

3 Beds
3.5 Baths
1,829 Sq Ft
$211/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $499,000 $273 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $2,593/month

126 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Wood Flooring
  • City View
  • Deck
  • 2-minute walk to Jefferson Heights Park

About This Home

As of May 2023

Welcome to urban living at its finest on Adams Street in the Southside! These brand-new brick townhomes are walkable to all the conveniences of Main Street and a stone's throw to Jefferson Park. Each townhome greets you with a copper gas lantern and features 3 bedrooms, 3.5 baths and a 2-car garage. Floors 2-3 feature hardwood floors and ground level is LVP. See floor plan in attached photos for reference. Currently under construction and due to deliver late January 2023. Finishes to be as follows: white cabinets, white/grey counters, brushed nickel hardware and fixtures.
***BONUS: $1,500 lender credit and special investor financing with our preferred lender, Beth Eubanks at CMG Home Loans. Seller also offering to pay 2-1 buy down option. There are also STVR opportunities.***
*** Photos are of similar unit. Finishes for this unit are as follows: White cabinets with white/grey quartz countertops and brushed nickel hardware.***

Last Agent to Sell the Property

Brian Hennessy

Boehm Real Estate and Investment Co. Listed on: 01/26/2023

Co-Listed By

Sean Stallings

Boehm Real Estate and Investment Co. License #355362

Last Buyer's Agent

Brian Hennessy

Real Estate Partners Chattanooga LLC License #350400

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,069

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 21x35
  • Zero Lot Line

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,829 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • High Ceiling
  • Vinyl Clad Windows
  • City Views
  • Storage In Attic

Kitchen

  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry closet
  • Washer and Gas Dryer Hookup

Home Security

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Patio

Schools

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

Farming

  • Bureau of Land Management Grazing Rights

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Underground Utilities
  • High-Efficiency Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 145mba 010

Community Details

Overview

  • Built by Henegar Homes

Additional Features

  • Recycling
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,069

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Lot Size: 21X35
  • Co List Office Mls Id: 10972
  • Co List Office Phone: 423-531-0114
  • Subdivision Name: None
  • Directions: From Downtown: Turn left on Main St then right onto Adams Street. Homes on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Living Area: 1829.0
  • New Construction: Yes
  • Efficiency: Appliances, HVAC, Thermostat, Water Heater
  • Structure Type: Free Standing Building, Townhouse
  • Year Built: 2022
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 145mba 010
  • 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 Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 1
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: Yes
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: Yes
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.02
  • General Property Information Lot Size Square Feet2: 871.2
  • General Property Information Lot Size Dimensions: 21X35
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: 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
  • Utilities Phone Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Multi Units: Yes
  • Structure Type Townhouse: Yes
  • Levels Three Or More: Yes
  • Interior Features En Suite: Yes
  • Interior Features Separate Shower: Yes
  • Parking Features Kitchen Level2: Yes
  • Brick and Stone Features All Brick: Yes
  • General Property Information Builder Name: Henegar Homes
  • View:City3: Yes
  • Green Sustainability Onsite Recycling Center: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Water Heater, Disposal, Dishwasher
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood, Tile
  • Interior Amenities: En Suite, Granite Counters, High Ceilings, Open Floorplan, Pantry, Separate Shower, Tub/shower Combo, Walk-In Closet(s)
  • Window Features: Vinyl Frames
  • ResoLivingAreaSource: Plans
  • Appliances Dishwasher: Yes
  • Community Features:Sidewalks: Yes
  • Basement:None3: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Attic Features:Storage Only: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Granite Counters: Yes

Exterior Features

  • Lot Features: Level, Zero Lot Line
  • View: City
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Builder Name: Henegar Homes
  • Construction Type: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Vinyl Frames: Yes
  • Lot Features:Level: Yes
  • Lot Features:Zero Lot Line: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Garage Faces Rear, Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage Faces Rear: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Association Fee: 75.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 75.0
  • General Property Information:Association Fee Frequency: Monthly

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: 871.2
  • Additional Parcels: No
  • Parcel #: 145mba 010
  • ResoLotSizeUnits: Acres

Green Features

  • Green Sustainability: Onsite Recycling Center
  • Green Energy Efficient:HVAC: Yes
  • Green Energy Efficient:Appliances: Yes
  • Green Energy Efficient:Thermostat: Yes
  • Green Energy Efficient:Water Heater: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2023
Sold by
Adams Street Inc
Bought by
Kaveny William J
Current Estimated Value
$386,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,250
Outstanding Balance
$370,350
Interest Rate
9.59%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 19, 2023
Sold by
Adams Street Inc
Bought by
Jaramillo Giliberto Parra and Parra Ma D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2022
Sold by
1511 Adams Llc
Bought by
Adams Street Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2022
Sold by
Adams Street Inc
Bought by
1151 Adams Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2021
Sold by
Rail Road Gp
Bought by
Adams Street Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,968,000
Interest Rate
2.9%
Mortgage Type
Commercial
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
Kaveny William J $499,000 Hon & Kopet Title
Jaramillo Giliberto Parra $540,000 --
Adams Street Inc -- Title Guaranty & Trust
1151 Adams Street Llc -- Eagle Title
Adams Street Inc -- Title Guaranty And Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaveny William J $374,250
Previous Owner Jaramillo Giliberto Parra $400,000
Previous Owner Adams Street Inc $2,100,000
Previous Owner 1151 Adams Street Llc $2,000,000
Previous Owner Adams Street Inc $1,968,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $499,000 -5.9% $273 / Sq Ft
03/19/2023 03/19/23 Off Market $530,410 -- --
01/21/2023 01/21/23 Price Changed $530,410 -5.7% $290 / Sq Ft
12/29/2022 12/29/22 Price Changed $562,500 -0.4% $308 / Sq Ft
11/11/2022 11/11/22 For Sale $565,000 -- $309 / 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
2022 $1,069 $47,800 $0 $0
2021 $1,711 $76,480 $0 $0
2020 $2,053 $0 $0 $0
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1365382

Greater Chattanooga REALTORS®

APN: 145MBA 010