NOT LISTED FOR SALE

Estimated Value: $1,627,276 - $1,849,000

4 Beds
4.5 Baths
3,983 Sq Ft
$430/Sq Ft Est. Value

Last Sold April 07, 2020

Last sale price $1,195,000 $300 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $9,791/month

79 Days on Market

Highlights

  • City View
  • Contemporary Architecture
  • Covered patio or porch
  • 0.83 Acre Lot
  • Wood Flooring
  • 2-minute walk to Amphitheatre Under The Walking Bridge

About This Home

As of April 2020

Walnut Hill Townhomes are the last phase of luxury residences being built one block from the historic Walnut street walking bridge Offering the finest in downtown living with upscale amenities and finishes. Each unit offers 3 levels and includes an elevator, hardwood and tile floors throughout, 10' ceilings on the main level and 9' ceilings on the upper floors, balconies on all 3 levels, private interior courtyards, private two-car garages with gated entry, custom designed cabinetry, Dacor appliances, quartz countertops, brick and cement fiber exteriors and fenced/gated front courtyards. These floorplans have been redesigned and improved with a completely open main level design great for entertaining, and the carriage house space is now attached to the main house so that you do not go outside for access. The carriage house area is designed to be a bonus or 4th bedroom with a full bath and walk-in closet and makes for a great private guest suite or studio apartment. The master suite is located on the top floor and is very spacious with a private balcony, walk-in closet, lavish master bath with a oversized tile shower, free standing soaking tub, separate toilet closet, two sink vanity and designer finishes. There is an additional room on the master suite level that can serve as an additional closet, office or nursery. This final phase includes 11 units and 4 are already SOLD. *This unit is Under Construction and is not yet complete. The townhouse is under roof and sheetrock is about to begin as of 2/4/20. Anticipated completion is mid May 2020. Photos are a representation of the former model townhouse and shows the quality finishes found in these townhomes.

Last Agent to Sell the Property

Chip Ellis

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4236670237 License #235654 Listed on: 11/22/2019

Real Estate Partners Chattanooga, LLC

Last Buyer's Agent

Chip Ellis

Real Estate Partners Chattanooga, LLC Brokerage Phone: 4236670237 License #235654 Listed on: 11/22/2019

Real Estate Partners Chattanooga, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,911

Year Built

  • Built in 2019

Lot Details

  • Lot Dimensions are 300x143.24

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 3,983 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Den with Fireplace
  • City Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Home Security

Outdoor Features

  • Covered Deck
  • Covered patio or porch

Schools

  • Orchard Knob Middle School
  • Howard School Of Academics Technology High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 135M B 016

Community Details

Overview

  • Walnut Hill Townhomes Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,911

Year Built

Built in 2019

Lot Details

0

HOA Fees

$145 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Contemporary
  • Year Built: 2019
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built Details: NEW
  • ResoPropertyType: Residential
  • Attribution Contact: 4236670237
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Interior Amenities: Elevator, High Ceilings, Open Floorplan, Walk-In Closet(s)
  • Appliances: Refrigerator, Microwave, Disposal, Dishwasher
  • Fireplace Features: Den, Gas, Family Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Finished Wood, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Has Basement: Other
  • Above Grade Finished Sq Ft: 3983
  • Building Area Units: Square Feet
  • Living Area: 3983
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Fiber Cement, Other, Brick
  • Patio And Porch Features: Covered Deck, Covered Patio, Covered Porch
  • Pool Private: No
  • Roof: Asphalt
  • View: City
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 435
  • Association Fee Frequency: Quarterly
  • Amenities: Sidewalks
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Quarterly

Green Features

  • Efficiency: Tankless Water Heater, Windows

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.83
  • Lot Size: 300X143.24
  • Lot Size Units: Acres
  • Parcel #: 135M B 016
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • High School: Howard School Of Academics Technology
  • Middle Or Junior School: Orchard Knob Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Apr 7, 2020
Sold by
245 Walnut Street Llc
Bought by
Large Barry P and Large Marylee S
Seller's Agent
Chip Ellis
Real Estate Partners Chattanooga, LLC
Buyer's Agent
Chip Ellis
Real Estate Partners Chattanooga, LLC
List Price
$1,195,000
Sold Price
$1,195,000
Current Estimated Value
$1,642,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,288
Avg. Annual Appreciation
6.56%
Original Mortgage
$300,000
Outstanding Balance
$167,664
Interest Rate
3.4%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,509,374

Purchase Details

Closed on
Jan 28, 2020
Sold by
245 Walnut Street Llc
Bought by
Swanson Janis F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$167,664
Interest Rate
3.4%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,509,374

Purchase Details

Closed on
Dec 13, 2019
Sold by
245 Walnut Street Llc
Bought by
Elliott Robert A and Elliott Karen

Purchase Details

Closed on
Dec 2, 2019
Sold by
245 Walnut Street Llc
Bought by
Morgan Jeffrey K and Morgan Melissa A

Purchase Details

Closed on
Oct 17, 2019
Sold by
245 Walnut Street Llc
Bought by
Broadstone Paul and Broadstone Pam

Purchase Details

Closed on
Oct 4, 2018
Sold by
Urban Renaissance Group Llc
Bought by
245 Walnut Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,142,880
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 29, 2017
Sold by
Chattanooga Downtown Redevelopment Corp
Bought by
Urban Renaissance Group Llc

Purchase Details

Closed on
May 3, 2017
Sold by
The Charles Brett White Revocable Trust
Bought by
White Charles Brett and The Charles Brett White Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 4, 2007
Sold by
Provident Life & Accident Insurance Co
Bought by
Chattanooga Downtown Redevelopment Corp
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
Large Barry P $1,195,000 Title Guaranty & Trust Co
Swanson Janis F $1,129,757 Title Guaranty & Trust Co
Elliott Robert A $1,125,000 Title Guaranty And Trust Co
Morgan Jeffrey K $1,175,000 Title Guarantee & Trust Co
Broadstone Paul $1,274,655 Title Guaranty And Trust Co
245 Walnut Street Llc $3,200,000 Title Guaranty & Trust Co
Urban Renaissance Group Llc $826,504 None Available
White Charles Brett $612,056 Title Guaranty & Trust Co
Chattanooga Downtown Redevelopment Corp $2,500,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanson Janis F $300,000
Previous Owner 245 Walnut Street Llc $4,142,880
Previous Owner Urban Renaissance Group Llc $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2020 04/07/20 Sold $1,195,000 0.0% $300 / Sq Ft
02/09/2020 02/09/20 Pending -- -- --
11/22/2019 11/22/19 For Sale $1,195,000 -- $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 $6,911 $308,900 $0 $0
2023 $6,911 $308,900 $0 $0
2022 $6,911 $308,900 $0 $0
2021 $6,911 $308,900 $0 $0
2020 $5,299 $534,720 $0 $0
2019 $14,786 $534,720 $0 $0
2018 $13,567 $534,720 $0 $0
2017 $1,267 $0 $0 $0
2016 $1,267 $0 $0 $0
2015 $1,267 $0 $0 $0
2014 $1,267 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2421436

Realtracs

APN: 135M-B-016