NOT LISTED FOR SALE

2020 Clearfield Ln Unit 57L1 Chattanooga, TN 37405

Northshore Neighborhood

Estimated Value: $700,000 - $860,000

3 Beds
2.5 Baths
2,316 Sq Ft
$322/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $695,000 $300 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,122/month

18 Days on Market

Highlights

  • Water Views
  • 79.15 Acre Lot
  • Deck
  • Home fronts a pond
  • Clubhouse
  • Contemporary Architecture

About This Home

As of September 2023

Buy this home with below market interest rates! For the first two years of your mortgage, the seller is going to buy down your interest rate to make your payment more affordable. In this scenario, buyers will save approximately $838/mo in the first year and nearly $429 for year two. Seller will contribute approximately up to $15,210.24** See Buydown Information in Documents Section. Enjoy luxury and maintenance free living in the highly desirable downtown riverfront community in Chattanooga. This 3 bedroom, 2.5 bath condo is in the gated Heritage Landing Community which is just minutes to all the shops, restaurants and parks of the North Shore and Downtown Chattanooga and is also zoned for Normal Park Schools. No detail is overlooked, and no upgraded finish omitted. Step inside to a great floor plan that allows natural light in and has beautiful views from most of the rooms. The spacious living room features a cozy fireplace and has views of the pond. The dining room is just off the living room and is perfect for those special meals and entertaining. The updated kitchen features granite counter tops, two sinks plenty of custom cabinet space and the range/oven and refrigerator were recently replaced. The primary suite is on the main level and has a large picture window that overlooks the beautiful pond, sitting area, walk-in closet, and private bath. The half bath and laundry room complete the main level. Step upstairs to 2 additional bedrooms with walk-in closet, a full bath and small office or storage space. This home has great outdoor living space with a nice screened-in porch and large deck that overlooks the pond and community and is perfect for grilling out and relaxing. The 2-car garage has plenty of storage space with access to a large storage area in the attic. The HVAC is new (2023) with a 10-year warranty. Heritage Landing amenities include 24-hour gated security, two swimming pools, clubhouse, tennis court, green spaces, and sidewalks.

Last Agent to Sell the Property

Mark Hite

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4236672459 License #283146 Listed on: 06/12/2023

Real Estate Partners Chattanooga, LLC

Last Buyer's Agent

Todd Henon

Greater Downtown Realty dba Keller Williams Realty License #280357

Greater Downtown Realty dba Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,605

Year Built

  • Built in 1989

Lot Details

  • 79.15 Acre Lot
  • Home fronts a pond
  • Level Lot
  • Irrigation

HOA Fees

  • $790 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Property Attached
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,316 Sq Ft Home
  • Property has 3 Levels
  • Gas Fireplace
  • Living Room with Fireplace
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Normal Park Museum Magnet Elementary And Middle School
  • Red Bank High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 136H J 038 C137

Community Details

Overview

  • Heritage Landing Subdivision

Recreation

  • Tennis Courts

Additional Features

  • Clubhouse
  • Security Guard

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,605

Year Built

Built in 1989

Lot Details

0

HOA Fees

$790 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Other Condo
  • Architectural Style: Contemporary
  • Year Built: 1989
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 4236672459
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Entry Foyer, Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Microwave, Disposal, Dishwasher
  • Fireplace Features: Living Room, Gas
  • Fireplace: No
  • Flooring: Bamboo/Cork, Carpet, Finished Wood, Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 2316
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Irrigation System
  • Construction Type: Fiber Cement, Brick
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Pool Private: No
  • Roof: Asphalt
  • View: Water
  • View: Yes
  • Waterfront Features: Pond
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Water Source: Public
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Security Guard, Smoke Detector(s)
  • Utilities: Water Available

Condo/Co-op/Association

  • Association Fee: 790
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse, Tennis Court(s), Sidewalks
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Features: Level, Other
  • Lot Size Acres: 79.15
  • Lot Size Units: Acres
  • Parcel #: 136H J 038 C137
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4605

MLS Schools

  • Elementary School: Normal Park Museum Magnet School
  • High School: Red Bank High School
  • Middle Or Junior School: Normal Park Museum Magnet School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Sep 1, 2023
Sold by
Williams Pamela J and Williams Colin D
Bought by
Rehm Jason and Rehm Jamie
Seller's Agent
Mark Hite
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Todd Henon
Greater Downtown Realty dba Keller Williams Realty
List Price
$695,000
Sold Price
$695,000
Views
199
Current Estimated Value
$756,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,320
Avg. Annual Appreciation
3.72%
Original Mortgage
$695,000
Outstanding Balance
$683,104
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$62,936

Purchase Details

Closed on
Aug 31, 2005
Sold by
Baker M Daniel
Bought by
Williams Colin D and Williams Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 13, 1997
Sold by
Kelley Donald H and Kelley Beatrice S
Bought by
Baker M Daniel
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
Rehm Jason $695,000 None Listed On Document
Williams Colin D $367,500 Milligan Reynolds Guaranty T
Baker M Daniel $235,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rehm Jason $695,000
Previous Owner Williams Colin D $100,000
Previous Owner Williams Colin D $336,000
Previous Owner Williams Colin D $165,000
Previous Owner Williams Colin D $170,000
Previous Owner Baker M Daniel $250,000
Previous Owner Baker M Daniel $50,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $695,000 0.0% $300 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $695,000 -- $300 / 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 $2,296 $102,625 $0 $0
2023 $2,296 $102,625 $0 $0
2022 $2,296 $102,625 $0 $0
2021 $4,605 $102,625 $0 $0
2020 $2,582 $93,375 $0 $0
2019 $2,582 $93,375 $0 $0
2018 $2,126 $93,375 $0 $0
2017 $2,582 $93,375 $0 $0
2016 $2,321 $0 $0 $0
2015 $4,260 $0 $0 $0
2014 $4,260 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2535627

Realtracs

APN: 136H-J-038-C137