NOT LISTED FOR SALE
3 Beds
1 Bath
1,252 Sq Ft
6,665 Sq Ft Lot

About This Home

This home is located at 2218 Bailey Ave, Chattanooga, TN 37404. 2218 Bailey Ave is a home located in Hamilton County with nearby schools including Orchard Knob Elementary School, Orchard Knob Middle School, and The Howard School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2022
Sold by
Warden Tuba
Bought by
Hiptown Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,158,400
Outstanding Balance
$1,116,349
Interest Rate
6.92%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 21, 2019
Sold by
Somo Enterprises
Bought by
Warden Tuba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,760
Interest Rate
3.4%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 9, 2018
Sold by
Bhalla Ranjit and Bhalla Sharmista
Bought by
Somo Enterprises

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,027,640
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2014
Sold by
Frazier Michael E
Bought by
Bhalla Ranjit and Bhalla Sharmista

Purchase Details

Closed on
Apr 5, 1999
Sold by
Hall Loria
Bought by
Frazier Michael E

Purchase Details

Closed on
Mar 30, 1998
Sold by
Frazier Michael E
Bought by
Hall Loria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
6.95%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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

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ICE

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First American

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Quantarium

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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
Hiptown Development Llc -- --
Warden Tuba $45,000 First Choice Title Inc
Somo Enterprises -- Foundation Title & Escrow
Bhalla Ranjit -- Century Title & Escrow Inc
Frazier Michael E $22,860 Title Escrow Of Chattanooga
Hall Loria $22,000 Title Escrow Chattanooga Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hiptown Development Llc $1,158,400
Previous Owner Warden Tuba $114,760
Previous Owner Somo Enterprises $1,027,640
Previous Owner Hall Loria $22,000
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
2025 $4,716 $311,160 $0 $0
2024 $168 $7,500 $0 $0
2023 $293 $13,100 $0 $0
2022 $293 $13,100 $0 $0
2021 $293 $13,100 $0 $0
2020 $236 $8,550 $0 $0
2019 $236 $8,550 $0 $0
2018 $321 $8,550 $0 $0
2017 $236 $8,550 $0 $0
2016 $207 $0 $0 $0
2015 $496 $7,500 $0 $0
2014 $496 $0 $0 $0
Source: Public Records

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