NOT LISTED FOR SALE

1850 Newell Ave Unit Lot 7 Chattanooga, TN 37404

Highland Park Neighborhood

Estimated Value: $37,113

-- Bed
-- Bath
1,037 Sq Ft
$36/Sq Ft Est. Value

About This Home

This home is located at 1850 Newell Ave Unit Lot 7, Chattanooga, TN 37404 and is currently estimated at $37,113, approximately $35 per square foot. 1850 Newell Ave Unit Lot 7 is a home located in Hamilton County with nearby schools including Orchard Knob Elementary School, Orchard Knob Middle School, and Brainerd High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2025
Sold by
Lester Thedric and Otero Melanie Elizabeth
Bought by
Lester Group Of Tennessee Llc
Current Estimated Value
$37,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,050
Outstanding Balance
$149,782
Interest Rate
6.76%
Mortgage Type
Construction
Estimated Equity
-$112,669

Purchase Details

Closed on
Apr 11, 2025
Sold by
Spears Alexander and Greene Evan
Bought by
Lester Thedric and Otero Melanie Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,050
Outstanding Balance
$149,782
Interest Rate
6.76%
Mortgage Type
Construction
Estimated Equity
-$112,669

Purchase Details

Closed on
Feb 17, 2022
Sold by
Tk Investments Llc
Bought by
Spears Alexander

Purchase Details

Closed on
Dec 16, 2021
Sold by
Melissa Hicks
Bought by
Tk Investments Llc

Purchase Details

Closed on
Jan 13, 2005
Sold by
Quality Restorations Inc
Bought by
Hicks Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,302
Interest Rate
5.61%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 25, 2003
Sold by
Home Funding Of Tennessee Inc
Bought by
Quality Restorations Inc

Purchase Details

Closed on
Feb 24, 2003
Sold by
Fisher Kenneth James and Fisher Reginald
Bought by
Home Funding Of Tennessee Inc
Source: Public Records

Range of Values:

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.

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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.

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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.

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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.

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Average Value
Not Available
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
Lester Group Of Tennessee Llc -- Northshore Title
Lester Thedric $100,000 First Title
Lester Thedric $100,000 First Title
Spears Alexander $32,000 Title Guaranty & Trust
Tk Investments Llc $501 Wilson& Associates Pllc
Hicks Melissa $77,500 Milligan Reynolds Guaranty T
Quality Restorations Inc -- First Choice Title Inc
Home Funding Of Tennessee Inc $5,000 First Choice Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lester Group Of Tennessee Llc $198,050
Previous Owner Hicks Melissa $76,302
Source: Public Records

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 $56 $2,500 $0 $0
2023 $42 $1,875 $0 $0
2022 $42 $1,875 $0 $0
2021 $42 $1,875 $0 $0
2020 $41 $1,500 $0 $0
2019 $41 $1,500 $0 $0
2018 $161 $1,500 $0 $0
2017 $41 $1,500 $0 $0
2016 $41 $0 $0 $0
2015 $604 $9,625 $0 $0
2014 $604 $0 $0 $0
Source: Public Records

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