NOT LISTED FOR SALE

Estimated Value: $1,127,269

Studio
-- Bath
7,500 Sq Ft
$150/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $467,300 $62 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $6,363/month

2 Days on Market

Highlights

  • Open Floorplan
  • Den
  • Brick Exterior Construction
  • No HOA
  • Eat-In Kitchen
  • 3-minute walk to Highland Park Commons

About This Home

As of July 2019

You'll love this convenient one-bedroom studio apartment on the second floor of charming historic 6 unit building, wonderful Highland Park Neighborhood, 10 ft. ceilings, ceiling fans, new fixtures and appliances, shared parking and balcony. (e)

Last Agent to Sell the Property

Nathan Braden

Braden Real Estate Firm License #317803 Listed on: 06/14/2019

Last Buyer's Agent

Melody Hunsinger

EXP Realty LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,728

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 53.75 x 135
  • Fenced
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 7,500 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Living Room
  • Den
  • Storage
  • Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • Multiple cooling system units
  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 146j T 026

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Highland Park Subdivision

Additional Features

  • Laundry Facilities
  • Gross Income $56,940

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,728

Year Built

Built in 1930

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Lot Size: 53.75 X 135
  • Subdivision Name: Highland Park
  • Directions: Bailey Ave at Orchard Knob Ave, NW corner.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Living Area: 7500.0
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1930
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 146j T 026
  • Location Tax and Legal Elementary School: Orchard Knob Elementary
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • Location Tax and Legal:Tax Annual Amount: 5727.76
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Lot Size Square Feet2: 7405.2
  • General Property Information Lot Size Dimensions: 53.75 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
  • Remarks and Miscellaneous Public Remarks2: Six unit apartment building currently all occupied as residential. The property has commercial potential too. It is 7,500 square feet with a top floor luxury apartment with 360 degrees of windows, and a corner glass commercial space on the street with high exposure in Highland Park. It is easy to rent with upside potential. The cost per foot is incredibly low for this neighborhood.
  • Utilities Sewer Connected: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Orchard Knob Middle
  • Fencing Fenced: Yes
  • Cooling:Multi Units: Yes
  • Levels Three Or More: Yes
  • General Property Information Stories2: 3
  • General Property Information Number Of Units Total2: 6.0
  • Unit 1 Den3: Yes
  • Unit 1 Living Room3: Yes
  • Owner Pays:Water3: Yes
  • Laundry Features:Common Area: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Owner Pays: Water
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Open Floorplan, Storage
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Storage
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air, Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 146j T 026
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 56940.0

Tax Info

  • Tax Annual Amount: 5727.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jul 31, 2019
Sold by
Gp John Ansley
Bought by
1815 Bailey Ave Llc
Seller's Agent
Nathan Braden
Braden Real Estate Firm
Buyer's Agent
Melody Hunsinger
EXP Realty LLC
List Price
$499,000
Sold Price
$467,300
Premium/Discount to List
-$31,700
-6.35%
Current Estimated Value
$1,127,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$659,969
Avg. Annual Appreciation
14.16%
Original Mortgage
$397,200
Outstanding Balance
$345,584
Interest Rate
3.8%
Mortgage Type
Commercial
Estimated Equity
$781,685

Purchase Details

Listed on
Mar 13, 2015
Closed on
Jul 22, 2015
Sold by
Chambless Joshua and Achata William
Bought by
Gp John Ansley
Seller's Agent
Grace Frank
RE/MAX Renaissance Realtors
Buyer's Agent
Randy Raley
Keller Williams Realty
List Price
$400,000
Sold Price
$370,000
Premium/Discount to List
-$30,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$314,500
Interest Rate
5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 13, 2015
Closed on
Jul 20, 2015
Sold by
Chapman Alton
Bought by
Chambless Joshua
Seller's Agent
Grace Frank
RE/MAX Renaissance Realtors
Buyer's Agent
Randy Raley
Keller Williams Realty
List Price
$400,000
Sold Price
$370,000
Premium/Discount to List
-$30,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,500
Interest Rate
5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 16, 2009
Sold by
Chapman Alton
Bought by
1815 Bailey Avenue Land Trust

Purchase Details

Closed on
Jan 9, 2009
Sold by
R E I C Of Chattanooga Llc
Bought by
Chapman Alton

Purchase Details

Closed on
Aug 26, 2005
Sold by
Mysinger Roger
Bought by
R E I C Of Chattanooga Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 12, 2004
Sold by
Cws Management Llc
Bought by
Chapman Al

Purchase Details

Closed on
Mar 12, 2004
Sold by
Chapman Al
Bought by
Cws Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,624
Interest Rate
5.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 27, 2004
Sold by
Papa Andre C and Papa Ludmilla
Bought by
Chapman Alton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,624
Interest Rate
5.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 21, 1997
Sold by
Papa Andre C
Bought by
Papa Ludmilla
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
1815 Bailey Ave Llc $467,300 First Choice Title Inc
Gp John Ansley $370,000 None Available
Chambless Joshua $487,671 Choice Title Company Inc
1815 Bailey Avenue Land Trust $355,000 None Available
Chapman Alton -- Ensign Title & Escrow Inc
R E I C Of Chattanooga Llc $23,000 Ensign Title & Escrow Inc
Chapman Al -- --
Cws Management Llc -- --
Chapman Alton $275,000 First Title
Papa Ludmilla $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1815 Bailey Ave Llc $397,200
Previous Owner Gp John Ansley $314,500
Previous Owner Chambless Joshua $314,500
Previous Owner R E I C Of Chattanooga Llc $25,000
Previous Owner Chapman Alton $275,624
Closed Chapman Alton $40,000
Closed 1815 Bailey Avenue Land Trust $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2024 09/21/24 Off Market -- -- --
09/21/2024 09/21/24 Off Market $650 -- --
09/21/2024 09/21/24 Off Market $650 -- --
09/21/2024 09/21/24 Off Market $1,400 -- --
09/21/2024 09/21/24 Off Market $650 -- --
09/21/2024 09/21/24 Off Market -- -- --
09/21/2024 09/21/24 Off Market -- -- --
09/21/2024 09/21/24 Off Market $650 -- --
09/21/2024 09/21/24 Off Market $695 -- --
09/21/2024 09/21/24 Off Market $695 -- --
07/31/2019 07/31/19 Sold $467,300 -6.4% $62 / Sq Ft
06/16/2019 06/16/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $499,000 0.0% $67 / Sq Ft
02/25/2019 02/25/19 Rented -- -- --
02/25/2019 02/25/19 Under Contract -- -- --
02/25/2019 02/25/19 Rented $650 0.0% --
02/02/2019 02/02/19 For Rent $650 0.0% --
10/08/2018 10/08/18 Rented -- -- --
10/08/2018 10/08/18 Under Contract -- -- --
10/08/2018 10/08/18 Rented $650 0.0% --
09/28/2018 09/28/18 For Rent $650 -53.6% --
07/31/2018 07/31/18 Rented -- -- --
07/31/2018 07/31/18 Rented $1,400 0.0% --
07/15/2018 07/15/18 Under Contract -- -- --
07/03/2018 07/03/18 For Rent $1,400 +115.4% --
12/01/2017 12/01/17 Rented -- -- --
12/01/2017 12/01/17 Rented $650 0.0% --
11/20/2017 11/20/17 Under Contract -- -- --
10/20/2017 10/20/17 For Rent $650 +8.3% --
08/20/2017 08/20/17 Rented -- -- --
08/20/2017 08/20/17 Under Contract -- -- --
08/05/2017 08/05/17 For Rent $600 -7.7% --
06/06/2017 06/06/17 Rented -- -- --
06/06/2017 06/06/17 Under Contract -- -- --
06/05/2017 06/05/17 For Rent $650 -18.8% --
03/31/2017 03/31/17 Rented -- -- --
03/31/2017 03/31/17 Under Contract -- -- --
01/09/2017 01/09/17 For Rent $800 +23.1% --
09/27/2016 09/27/16 Rented -- -- --
09/27/2016 09/27/16 Under Contract -- -- --
09/27/2016 09/27/16 Rented $650 0.0% --
09/14/2016 09/14/16 Sold $650 0.0% $0 / Sq Ft View Prior Sale
09/14/2016 09/14/16 For Rent $650 0.0% --
09/14/2016 09/14/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $650 0.0% $0 / Sq Ft
07/19/2016 07/19/16 Rented -- -- --
07/19/2016 07/19/16 Under Contract -- -- --
07/19/2016 07/19/16 Rented $695 0.0% --
06/24/2016 06/24/16 For Rent $695 0.0% --
03/14/2016 03/14/16 Rented -- -- --
03/14/2016 03/14/16 Under Contract -- -- --
03/14/2016 03/14/16 Rented $695 0.0% --
02/15/2016 02/15/16 Sold $825 -5.7% $0 / Sq Ft View Prior Sale
02/15/2016 02/15/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $875 0.0% $0 / Sq Ft
02/11/2016 02/11/16 For Rent $740 0.0% --
01/04/2016 01/04/16 Sold $650 -1.5% $1 / Sq Ft View Prior Sale
01/04/2016 01/04/16 Pending -- -- --
10/30/2015 10/30/15 For Sale $660 -99.8% $1 / Sq Ft
07/22/2015 07/22/15 Sold $370,000 -7.5% $49 / Sq Ft View Prior Sale
03/19/2015 03/19/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $400,000 -- $53 / 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 $4,062 $268,000 $0 $0
2024 $4,698 $210,000 $0 $0
2023 $4,698 $210,000 $0 $0
2022 $4,698 $210,000 $0 $0
2021 $4,698 $210,000 $0 $0
2020 $3,899 $141,000 $0 $0
2019 $3,899 $141,000 $0 $0
2018 $3,464 $141,000 $0 $0
2017 $3,899 $141,000 $0 $0
2016 $3,129 $0 $0 $0
2015 $5,972 $113,160 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1301633

Greater Chattanooga REALTORS®

APN: 146J-T-026

Your Personal Tour Guide

Ask me questions while you tour the home.