NOT LISTED FOR SALE

Estimated Value: $84,000 - $154,000

1 Bed
1 Bath
656 Sq Ft
$192/Sq Ft Est. Value

About This Home

This home is located at 2605 E 38th St, Chattanooga, TN 37407 and is currently estimated at $126,000, approximately $192 per square foot. 2605 E 38th St is a home located in Hamilton County with nearby schools including Clifton Hills Elementary, East Lake Academy Of Fine Arts, and The Howard School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2023
Sold by
Willoughby Wesley Alden
Bought by
Magna Properties Llc
Current Estimated Value
$126,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,186,296
Outstanding Balance
$774,844
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
-$675,177

Purchase Details

Closed on
Aug 24, 2018
Sold by
Mountain View Proerty Management Llc
Bought by
Willoughby Wesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,155
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2007
Sold by
Bailey Bruce O and Bailey Sheila A
Bought by
Bailey Bruce O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,200
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2000
Sold by
Donald Mahoney
Bought by
Bailey Bruce O and Bailey Sheila A

Purchase Details

Closed on
Aug 14, 1998
Sold by
Bailey Bruce and Bailey Sheila
Bought by
Mahoney Donald and Mahoney Cordie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
6.91%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 29, 1998
Sold by
Joyce Sledge and Curd Danna
Bought by
Bailey Bruce and Bailey Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
6.91%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Magna Properties Llc $1,125,000 Metropolitan Title
Willoughby Wesley $37,500 Choice Title Co Inc
Bailey Bruce O $333,600 Woods Christian Title Agency
Bailey Bruce O -- --
Mahoney Donald $24,000 --
Bailey Bruce $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magna Properties Llc $1,186,296
Previous Owner Willoughby Wesley $23,155
Previous Owner Bailey Bruce O $250,200
Previous Owner Mahoney Donald $24,000
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
2024 $136 $6,075 $0 $0
2023 $136 $6,075 $0 $0
2022 $136 $6,075 $0 $0
2021 $136 $6,075 $0 $0
2020 $112 $4,050 $0 $0
2019 $112 $4,050 $0 $0
2018 $219 $4,050 $0 $0
2017 $112 $4,050 $0 $0
2016 $108 $0 $0 $0
2015 $313 $3,900 $0 $0
2014 $313 $0 $0 $0
Source: Public Records

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