NOT LISTED FOR SALE

227 Peace St Chattanooga, TN 37415

Estimated Value: $370,000 - $399,000

3 Beds
2 Baths
1,926 Sq Ft
$201/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $251,500 $131 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,218/month

4 Days on Market

Highlights

  • 2.9 Acre Lot
  • Living Room with Fireplace
  • No HOA
  • Contemporary Architecture
  • Wooded Lot
  • 1 Car Attached Garage

About This Home

As of August 2020

Over 2 acres in Red Bank is almost impossible to find these days! This home is a little doll house in one of Chattanooga's most popular suburbs. The yard is huge and is really 2 lots although it is one parcel. Bedrooms are up with a big ''open 1920's'' home that still has a lot of charm

Last Agent to Sell the Property

Joey Winslett

BHGRE Signature Brokers License #330003 Listed on: 06/12/2020

BHGRE Signature Brokers

Co-Listed By

Belinda Winslett

BHGRE Signature Brokers License #282054

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,067

Year Built

  • Built in 1920

Lot Details

  • 2.9 Acre Lot
  • Lot Dimensions are 263.56x515.7
  • Level Lot
  • Wooded Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,926 Sq Ft Home
  • Property has 3 Levels
  • ENERGY STAR Qualified Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Carpet
  • Fire and Smoke Detector
  • Dishwasher
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Red Bank Elementary School
  • Red Bank Middle School
  • Red Bank High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Smart Edmondson Coker Subdivision

Listing and Financial Details

  • Assessor Parcel Number 117M A 032

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,067

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1920
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built Details: EXIST
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Open Floorplan, Walk-In Closet(s)
  • Appliances: Dishwasher
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Wood, Other
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Unfinished
  • Building Area Units: Square Feet
  • Living Area: 1926
  • Living Area Units: Square Feet
  • Other Equipment: Dehumidifier

Exterior Features

  • Construction Type: Vinyl Siding, Brick
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector(s)
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Level, Sloped, Wooded, Other
  • Lot Size Acres: 2.9
  • Lot Size: 263.56X515.7
  • Lot Size Units: Acres
  • Parcel #: 117M A 032
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2067

MLS Schools

  • Elementary School: Red Bank Elementary School
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Aug 14, 2020
Sold by
Ladd Paul
Bought by
Thiry Matthew J and Thiry Sarah E
Seller's Agent
Joey Winslett
BHGRE Signature Brokers
List Price
$229,900
Sold Price
$251,500
Premium/Discount to List
$21,600
9.4%
Current Estimated Value
$387,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,183
Avg. Annual Appreciation
9.22%
Original Mortgage
$251,500
Outstanding Balance
$225,592
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$165,968

Purchase Details

Closed on
Mar 3, 2005
Sold by
Ladd Pamela Jean
Bought by
Ladd Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
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
Thiry Matthew J $251,500 None Available
Ladd Paul $150,000 Southern Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thiry Matthew $50,000
Open Thiry Matthew J $251,500
Previous Owner Ladd Paul $42,803
Previous Owner Ladd Paul $149,572
Previous Owner Ladd Paul $120,000
Previous Owner Ladd Pamela Jean $56,380
Previous Owner Ladd Pamela Jean $57,600
Previous Owner Ladd Pamela Jean $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $251,500 +9.4% $131 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $229,900 -- $119 / 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 $1,254 $56,050 $0 $0
2023 $2,260 $56,050 $0 $0
2022 $1,898 $55,675 $0 $0
2021 $2,243 $60,250 $0 $0
2020 $2,067 $44,250 $0 $0
2019 $2,067 $44,250 $0 $0
2018 $2,067 $44,250 $0 $0
2017 $1,975 $44,250 $0 $0
2016 $1,763 $0 $0 $0
2015 $1,763 $37,300 $0 $0
2014 $1,763 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2499939

Realtracs

APN: 117M-A-032