$950,000
SOLD AUG 20, 2013
4 Beds
4.5 Baths
3,879 Sq Ft
3,311 Sq Ft Lot

Recently Sold

$245 Per Sq Ft

5% Below List Price

855 Days on Market

Highlights

  • Newly Remodeled
  • Whirlpool Bathtub
  • No HOA
  • Wood Flooring
  • High Ceiling
  • 3-minute walk to Amphitheatre Under The Walking Bridge

About This Home

As of September 2016

This unit has only been finished to the sheetrock stage to allow the buyers the opportunity to choose their own finishes. The Walnut Hill Townhomes are located on the highly desirable Cherry Street downtown and are located in a private Gated community of luxury townhomes within walking distance of the Walnut Street Walking Bridge, the Bluff View Art District, the Riverfront District and numerous restaurants & shops. You must see for yourself the amazing views of the City & Lookout Mountain from the large, private balconies on the 2nd & 3rd levels. This is a premier end unit with additional natural light to the interior. This Townhome comes standard with an elevator that accesses every level, computer nook on 2nd level, granite through out, custom cabinets, high-end commercial grade applian ces, irrigation system, coffee bar in master suite (the master suite is the entire 3rd level!. This unit includes a fireplace with the option to be gas or wood burning, a separate 10'X 17' room off master suite perfect for a study, den, media area or nursery. Other features include steel frame construction, Ultra Therm air filtration package, Instant Hot Water Heater, Anderson windows, Therma Tru doors, a 2 car garage with a Carriage House above it which is perfect for a home office or guest house with a full bath, wet bar & views of the Hunter Art Museum. An optional Auto Hydraulic Lift is available which would provide room for 3 cars! And these are just a few of the luxury amenities offered! Not only do you have a private 2 car garage but you also have a private courtyard perfect for grilling out! Hurry, 10 of the 12 Townhomes completed in the current phase are already sold!

Last Agent to Sell the Property

Dale Mabee

Cornerstone Realty Group License #205536 Listed on: 10/22/2010

Last Buyer's Agent

Kimberly Moyer

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,541

Year Built

  • Built in 2013 | Newly Remodeled

Lot Details

  • Fenced
  • Front and Back Yard Sprinklers

Parking

  • 3 Car Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 3,879 Sq Ft Home
  • 3-Story Property
  • Elevator
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Basement
  • Crawl Space
  • Home Security System

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Schools

  • Brown Academy Elementary School
  • Chattanooga Middle School
  • Red Bank High School

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Bureau of Land Management Grazing Rights

Community Details

  • No Home Owners Association
  • Walnut Hills Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 135M B 016.02

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,541

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size: 23X102 +/-
  • Subdivision Name: Walnut Hills
  • Directions: From Downtown- Go north on Market Street towards the river, take a right on 3rd Street, take a left on Cherry Street, Townhomes are on your right.(This Townhome is the 4th Townhome from the corner of 2nd St & Cherry Street)
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Living Area: 3879.0
  • New Construction: Yes
  • Structure Type: Townhouse
  • Year Built: 2013
  • Appliances Microwave: Yes
  • Location Tax and Legal Parcel Number2: 135M B 016.02
  • Location Tax and Legal Elementary School: Brown Academy
  • Location Tax and Legal Middle Or Junior School2: Chattanooga Middle
  • Location Tax and Legal High School: Red Bank High School
  • General Property Information:Bathrooms Half: 1
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: Yes
  • General Property Information Home Warranty YN: Yes
  • General Property Information Grazing Permits BLM YN3: Yes
  • General Property Information Carport YN: No
  • General Property Information Lot Size Dimensions: 23X102 +/-
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Fencing Fenced: Yes
  • Cooling:Multi Units: Yes
  • Structure Type Townhouse: Yes
  • Levels Three Or More: Yes
  • Security Features:Security System: Yes
  • Interior Features Separate Dining Room: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Whirlpool Tub2: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Parking Features Kitchen Level2: Yes
  • Brick and Stone Features All Brick: Yes
  • Cooling:Zoned: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Tankless Water Heater, Microwave, Gas Range, Disposal, Dishwasher
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s), Elevator, Entrance Foyer, High Ceilings, In-Law Floorplan, Separate Dining Room, Separate Shower, Walk-In Closet(s), Whirlpool Tub
  • ResoLivingAreaSource: Plans
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Sprinklers In Front, Sprinklers In Rear
  • View: No
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Brick
  • Patio And Porch Features: Porch, Porch - Covered
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Level: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Garage Door Opener, Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Security System
  • Cooling: Central Air, Multi Units, Zoned
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Sewer Connected, Underground Utilities
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Brown Academy
  • High School: Red Bank High School
  • Middle Or Junior School: Chattanooga Middle

Lot Info

  • Parcel #: 135M B 016.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2016
Closed on
Sep 23, 2016
Sold by
Richmond Jeffrey L
Bought by
Misner Spencer and Misner Judith A
Seller's Agent
Kimberly Moyer
Keller Williams Realty
Buyer's Agent
Grace Edrington
Horizon Sotheby's International Realty
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Current Estimated Value
$1,757,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$807,731
Avg. Annual Appreciation
7.45%
Original Mortgage
$950,000
Outstanding Balance
$775,552
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$1,030,301

Purchase Details

Listed on
Oct 22, 2010
Closed on
Aug 20, 2013
Sold by
Urban Renaissance Group Llc
Bought by
Richmond Jeffrey L and Richmond Julie
Seller's Agent
Dale Mabee
Cornerstone Realty Group
Buyer's Agent
Kimberly Moyer
Keller Williams Realty
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$175,000
Interest Rate
4.48%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $950,000 Realty Center Title & Escrwo
Warranty Deed $950,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $408,000 New Conventional
Open $950,000 New Conventional
Previous Owner $175,000 Future Advance Clause Open End Mortgage
Previous Owner $175,000 New Conventional
Previous Owner $2,469,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $950,000 -13.6% $245 / Sq Ft
06/05/2016 06/05/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $1,100,000 +15.8% $284 / Sq Ft
08/20/2013 08/20/13 Sold $950,000 -4.9% $245 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
10/21/2010 10/21/10 For Sale $999,000 -- $258 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $7,541 $337,050 $0 $0
2023 $7,541 $337,050 $0 $0
2022 $7,541 $337,050 $0 $0
2021 $7,541 $337,050 $0 $0
2020 $6,554 $237,000 $0 $0
2019 $6,554 $237,000 $0 $0
2018 $5,523 $237,000 $0 $0
2017 $6,554 $237,000 $0 $0
2016 $6,208 $0 $0 $0
2015 $11,507 $224,500 $0 $0
2014 $11,507 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1154480

Greater Chattanooga REALTORS®

APN: 135M-B-016.14