NOT LISTED FOR SALE

Estimated Value: $309,000 - $823,874

1 Bed
2 Baths
1,747 Sq Ft
$278/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $177,500 $102 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $2,628/month

638 Days on Market

Highlights

  • 1.8 Acre Lot
  • No HOA
  • Property has 3 Levels
  • Open Floorplan
  • Central Heating and Cooling System

About This Home

As of September 2019

DEVELOPMENT OPPORTUNITY! This is an excellent opportunity for a residential development. Zoned for the sought after East Brainerd Elementary, Ooltewah Middle & High Schools - AND - within walking distance to the new East Brainerd Elementary school. Or, build your dream home!! This listing must be sold together with 2009 Jenkins Road - mls 1272542 - for a total of 3.45 acres.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,621

Year Built

  • Built in 1940

Lot Details

  • 1.8

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1 Bedroom
  • 1,747 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Washer and Gas Dryer Hookup

Parking

  • 1 Parking Space
  • 1 Carport Space

Schools

  • East Brainerd Elementary School
  • Ooltewah Middle School
  • Ooltewah High School

Additional Features

  • 1.8 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Sarah Davidson Ests Subdivision

Listing and Financial Details

  • Assessor Parcel Number 159B C 001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,621

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Open Floorplan
  • Fireplace: No
  • Flooring: Other
  • Total Bedrooms: 1
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 1747
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage Yn: No
  • Parking Features: Detached
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Other
  • Lot Size Acres: 1.8
  • Lot Size: 165X508M
  • Lot Size Units: Acres
  • Parcel #: 159B C 001
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1621

MLS Schools

  • Elementary School: East Brainerd Elementary School
  • High School: Ooltewah High School
  • Middle Or Junior School: Ooltewah Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2024
Sold by
Issa Ghasan T
Bought by
Ghasan T Issa Revocable Trust and Issa
Current Estimated Value
$486,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,550
Outstanding Balance
$733,028
Interest Rate
5.62%
Mortgage Type
New Conventional
Estimated Equity
-$246,809

Purchase Details

Closed on
Aug 13, 2021
Sold by
Issa Ghasan T and Thasan T Isaa Revocable Trust
Bought by
Issa Ghasan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
2.15%

Purchase Details

Closed on
Oct 8, 2020
Sold by
Issa Ghasan T
Bought by
Issa Ghasan T and Ghasan T Issa Revocable Trust

Purchase Details

Listed on
Nov 1, 2017
Closed on
Sep 27, 2019
Sold by
Walker Kimberly Dryman
Bought by
Issa Ghasan T
List Price
$225,000
Sold Price
$177,500
Premium/Discount to List
-$47,500
-21.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.99%
Source: Public Records

Range of Values:

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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
Ghasan T Issa Revocable Trust -- Warranty Title
Issa Ghasan T -- Dba Warranty Title Ins Co
Issa Ghasan T -- None Available
Issa Ghasan T $177,500 Warranty Title Ins Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghasan T Issa Revocable Trust $766,550
Previous Owner Issa Ghasan T $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2019 09/27/19 Sold $177,500 -21.1% $102 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
11/01/2017 11/01/17 For Sale $225,000 -- $129 / Sq Ft
Source: Realtracs

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 $998 $44,625 $0 $0
2023 $998 $44,625 $0 $0
2022 $998 $44,625 $0 $0
2021 $998 $44,625 $0 $0
2020 $1,234 $35,175 $0 $0
2019 $973 $35,175 $0 $0
2018 $927 $35,175 $0 $0
2017 $973 $35,175 $0 $0
2016 $883 $0 $0 $0
2015 $1,736 $31,950 $0 $0
2014 $1,736 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2324641

Realtracs

APN: 159B-C-001